Author: NBTC

West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 — a modest 3.30% gain that nevertheless sent shockwaves through the derivatives market. Short Sellers Take The Hardest Hit Over $276 million in leveraged positions were wiped out in 24 hours, hitting 80,200 traders across crypto derivatives platforms. The damage was not spread evenly. Bears took…

Ondo Finance is bringing tokenized equities closer to their traditional counterparts, offering investors a way to participate in corporate governance. The feature, built with Broadridge Financial Solutions (BR), allows holders of more than 250 tokenized securities on Ondo’s platform to review company filings and submit voting preferences through Broadridge’s ProxyVote system. Investors can log in with crypto wallets, then access documents and governance tools typically reserved for brokerage accounts. The move comes as tokenized equities have emerged as one of the fastest-growing sectors in crypto, bringing stocks and ETFs on blockchain rails. The category now holds over $1.1 billion in…

$IOTA’s Strategic Shift: Pioneering Global Trade Infrastructure‌ in 2026 In the initial months of 2026,$IOTA has taken critically important strides towards establishing itself as‌ a ⁤leading infrastructure provider for international⁤ commerce. The publication of the $IOTA Manifesto marks a pivotal moment, setting forth an enterprising blueprint ⁢for creating a neutral, open, and scalable‍ digital backbone to enhance‍ global economic activities. We invite our community members and partners to delve into ⁤the Manifesto​ to ‍grasp ‍our enduring dedication to revolutionizing ‍global trade through digitalization. The advancements this quarter are highlighted by the‌ operational launch of the ‌ Trade Worldwide data ‍Network…

Tennessee Governor Bill Lee has signed a bill into law that will officially ban the use and installation of cryptocurrency ATMs and kiosks in the southeastern US state, leaving only a matter of weeks for companies to be in compliance. Lee signed Tennessee House Bill 2505 into law on April 13, making the installation of a cryptocurrency kiosk a Class A misdemeanor starting on July 1. The reclassification of the machines as illegal under state law would potentially put operators and businesses hosting the machines at risk of up to 11 months and 29 days in prison and a $2,500…

Binance.US has reduced spot trading fees to 0% for makers and 0.02% for takers across all trading pairs, extending near-zero pricing to all users without volume thresholds or subscription requirements. The new pricing replaces the platform’s tiered fee structure and applies to all accounts, with the company saying the move could reduce trading costs by as much as 98% compared with competitors such as Coinbase. Coinbase’s fees start at about 0.40% to 0.60% for lower-volume traders while Kraken’s fees start around 0.25% to 0.40% and decline with volume, according to information on those exchanges’ websites. Last week, Charles Schwab, one…

Bitcoin slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower. The drop came after another failed push above $70,000, with prices slipping quickly once they approached the lower end of the $65,000 to $73,000 range that has defined trading since late March. Intraday losses accelerated near that boundary, highlighting how little support exists when momentum turns. That calm is not being driven by strong demand. Recent Glassnode data shows softer trading volumes and subdued onchain activity even as prices…

Gold prices have wavered amid the ongoing U.S.-Israeli war with Iran, but tokenization platform Theo indicated on Tuesday that experimentation with the precious metal continues apace. The firm has raised $100 million to offer thUSD, a “gold-powered stablecoin,” according to a press release. Although most stablecoins are backed by cash and U.S. Treasuries, Theo said thUSD won’t be among them. Instead, thUSD will seek parity with the U.S. dollar based on reserves of thGOLD, a token introduced by Theo in January. That token, which also generates a yield, is backed by secured lending agreements between Theo and gold retailers, such…

Nasdaq-listed Eightco Holdings has disclosed a $326 million position in 277 million Worldcoin tokens, plus $ETH, cash, and an indirect OpenAI stake, effectively transforming the stock into a high-beta proxy on Sam Altman’s identity project and AI ecosystem. Nasdaq-listed Eightco Holdings has disclosed a $326 million asset position centered on 277,222,975 Worldcoin tokens, making it the largest publicly traded holder of $WLD globally, according to a press release on PR Newswire. At an indicative price of roughly $0.28 per $WLD taken from Coinbase at the disclosure time, the position represents nearly 10% of Worldcoin’s ($WLD) circulating supply and effectively turns…

Cardano’s Charles Hoskinson has a message for the $XRP community celebrating the Clarity Act as a victory for the industry: you are wrong, and the bill you are cheering for would have classified your token as a security if Ripple were founded today. Speaking in an interview, Hoskinson said the Clarity Act in its current form, he argued, is not the regulatory clarity the industry needs. It is a piece of legislation that protects established incumbents while quietly making it impossible for the next generation of crypto projects to exist in America. The Security Trap Under the mature blockchain standard…

Bitcoin network activity “just snapped higher after months of decline,” reported CryptoQuant on Monday. The blockchain analytics provider’s index tracks addresses, transactions, UTXOs, and blockspace demand. It noted that the daily Bitcoin transaction count is now around 615,000, which is the highest since November 2024. It added that this shift is happening while $BTC fees remain relatively low, “so part of this activity spike may be operational, not just organic demand.” Low-fee environments make it cheaper for exchanges, custodians, and large holders to consolidate UTXOs, rebalance wallets, and reshuffle funds on-chain, stated CryptoQuant. Bitcoin network activity just snapped higher after…