Author: NBTC
Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto treasury. The company said it secured the funding through a convertible note facility with an institutional investor, with an initial $1 million tranche already committed. The capital will be used solely to acquire TRUMP tokens, making it one of the first publicly listed companies to do so. The decision follows a separate investment in AI-linked FET tokens currently valued…
“Sometimes the best investments are precisely the ones you cannot explain and probably make no sense.” — Richard Toh When I started writing this newsletter nearly four years ago, I kept the subject matter high-level — mostly because I didn’t understand the low level. That’s not what I expected it to be. Instead, I expected it to be like the morning notes I sometimes wrote for clients in my previous job as an equities trader — notes that were mostly just a rundown of news taken from a Bloomberg terminal that the clients also had but were too lazy to…
On the closing day of Token2049 in Dubai, an awe-inspiring drone show set a Guinness World Record. The display of 1,500 drones through the night sky drew in thousands of spectators who attended Madinat Jumeirah on May 1st. The DOGS and Notcoin tokens and their place on the TON blockchain brought crypto closer to the mainstream at this main event. The performance showcased glowing symbols beginning with TON signature and DOGS digital keys together with Notcoin logo and running for 15 minutes. The drones blended their formations together to create the massive TOKEN2049 symbol which spread across the sky in…
Sui, the prominent L1 blockchain to boost digital asset ownership, has announced a new partnership with Bitlayer, a Bitcoin L2 and the pioneer Bitcoin VM for DeFi. The collaboration takes into account the integration of the BitVM bridge of Bitlayer into the Sui ecosystem to release a Bitcoin-backed crypto token “Peg-BTC ($YBTC).” The platform announced this development on its official X account. Bitcoin meets Sui DeFi.@BitlayerLabs is bringing Peg-BTC (YBTC) — a trust-minimized BTC asset powered by BitVM — to life on Sui, giving hodlers yet another choice for utilizing their BTC.YBTC lets BTC holders tap into staking, lending, trading,…
On May 14, Cathie Wood, the CEO of ARK Invest, listed innovation-focused companies such as Coinbase, Tesla, Palantir, and Shopify as the leaders in transforming equity markets and blockchain technology, eliminating and replacing the traditional benchmarks. Wood also speculated that it was probable that benchmarks would chase innovation more quickly in the years to come. These remarks came after ARK analyst Frank Downing commented on ARK’s initial investment in Coinbase. Innovation-focused companies transformations equity markets and blockchain technology As for ARK’s original investment in Coinbase, Downing said that he had written a whitepaper with the exchange as far back as…
Investors would need to procure a substantial amount of Shiba Inu tokens to retire early if SHIB’s market cap hits $1 trillion. Many individuals have become obsessed with the quest to retire early–leaving the workforce before the specified retirement age. This rationale hinges on accumulating sufficient financial resources to cover one’s living expenses indefinitely. Consequently, these individuals have adopted different approaches to achieving early retirement, including smart investing, inheritance, and disciplined savings. However, the most common approach is to invest wisely in assets with strong potential for jaw-dropping returns. Notably, cryptocurrencies like Shiba Inu (SHIB) rank among the assets with…
On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational challenge required to uncover new blocks. Bitcoin Mining Difficulty Climbs Past 121 Trillion Miners now face slightly steeper odds in their efforts to solve blocks, with the adjustment making the process 2.13% more arduous. Although the current figure stands tall at 121.66 trillion, it remains shy of the peak difficulty set following block 893,088. Source: Cloverpool.com Explorer. Thus far in 2025, the network has experienced six upward difficulty adjustments, collectively amounting to a 13.83% increase, alongside three downward shifts totaling…
Nasdaq-listed DeFi Development Corp. (DFDV) jumped 30% on Friday to fresh record highs after unveiling a partnership with Solana’s top memecoin BONK and purchasing another batch of Solana’s SOL SOL$170.64 tokens. The company said it will co-manage a Solana validator with BONK, claiming to be the first time a memecoin community and a public company sharing staking infrastructure on Solana, according to a press release. The cooperation also expands to integrate BONK’s own liquid staking token, BONKSOL. Both parties will grow the validator’s stake and split the rewards. “This validator partnership is a natural next step in BONK’s mission to…
Coinbase’s strategic acquisitions could significantly enhance its market position and influence in the evolving crypto industry landscape. The post Coinbase is still open to more acquisitions after $2.9B Deribit deal, says CEO Brian Armstrong appeared first on Crypto Briefing. Coinbase is ready to spend more on acquisitions after reaching a $2.9 billion deal to acquire Deribit, said CEO Brian Armstrong on Bloomberg Television today. Deribit is the leading platform for Bitcoin and Ethereum options trading. The acquisition is Coinbase’s largest so far. With a strong balance sheet in hand, Coinbase is actively scouting M&A deals, Armstrong said, but the company…
Recently, monero ( XMR) captured attention when reports surfaced of hackers converting 3,520 stolen BTC into XMR. Interestingly, the privacy-oriented cryptocurrency has notably outperformed both BTC and ETH so far this year. Over the Last 12 Months, Monero Outperformed Bitcoin and Ether Throughout 2025, monero (XMR) has delivered impressive market returns, steadily increasing in value from early January to May. Climbing from approximately $197 at the beginning of January to $285 in the first week of May, XMR registered a solid 45% gain. This notable spike became especially pronounced in April, coinciding with the timing of the high-profile bitcoin theft…