Author: NBTC

Wall Street’s appetite for AI-linked crypto products clearly isn’t cooling off yet. Grayscale just announced that its Grayscale Bittensor Trust, trading under the GTAO ticker, is now open for private placement to eligible accredited investors. And honestly, the timing isn’t random. The Bittensor ecosystem suddenly got a lot louder this week. Bittensor Expansion Pushes GTAO Back Higher Canonical $TAO officially went live on Solana through Wormhole’s Sunrise integration, opening native trading support on Jupiter Exchange and Meteora while also landing wallet support from Phantom and Solflare. That’s a pretty massive surface-area expansion for a token that spent months quietly grinding…

The United States is taking another major step toward integrating digital assets into the traditional financial system. The National Credit Union Administration (NCUA), the federal regulator overseeing credit unions, has announced a proposed rule that would establish operational and risk management standards for “Permitted Payment Stablecoin Issuers” under the proposed $GENIUS Act. The proposal outlines how NCUA-licensed entities could potentially issue and manage payment stablecoins inside the regulated banking and credit union system. NCUA Chairman Kyle Hauptman said the proposed standards are designed to ensure credit unions are treated fairly alongside banks and other financial institutions entering the stablecoin market.…

Bitcoin’s supply overhang keeps recovery pressure elevated Bitcoin market pressure increasingly shifted from panic-driven selling toward broader supply absorption once liquidation momentum started easing recently. Buyers also stabilized short-term flows more effectively as aggressive sell-side pressure gradually weakened beneath current market conditions. However, roughly 7.75 million $BTC remained below the holder cost basis near the broader $77,000 region across markets. That figure also represented nearly 39% of circulating supply, reflecting heavy unrealized loss pressure beneath damaged market structure conditions. Source: Glassnode Historical cycles later showed similar spikes during the 2018–2019 and 2022 downturn phases before longer recovery periods eventually emerged.…

Jeffrey Huang, the Taiwanese singer widely known as Machi Big Brother, has increased his highly leveraged Ethereum long position, bringing the total value to $14.48 million. The move, tracked by on-chain analytics platform Hyperbot, highlights the aggressive trading strategy of a prominent figure whose activities are closely watched in the crypto community. Details of the Increased Position According to data from Hyperbot, Huang’s position is opened with 25x leverage, a high-risk strategy that amplifies both potential gains and losses. The entry price for the position is set at $2,104.86 per $ETH. Critically, the liquidation price is just $2,084.43, meaning a…

Societe Generale plans to bring SG-FORGE’s EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May 13 move puts the French bank’s stablecoin effort closer to the operating layer of institutional markets. SG-FORGE has already issued regulated CoinVertible tokens, and CryptoSlate has covered the bank’s push into dollar and euro stablecoins. The Canton announcement connects those tokens to the market plumbing where collateral eligibility, margin calls, repo counterparties, settlement controls, and privacy requirements decide whether tokenized finance can move beyond isolated issuance. In a May 13 statement, Societe Generale…

Ripple SVP Confirms $XRP Is Essential to $RLUSD on XRPL At Consensus 2026 in Miami, Ripple SVP Jack McDonald delivered one of the clearest explanations yet of how $XRP and $RLUSD work together. His message was unmistakable: $RLUSD isn’t replacing $XRP, it relies on $XRP to function on the $XRP Ledger. Explaining how $RLUSD functions on the $XRP Ledger, McDonald emphasized that $XRP remains essential to the network’s infrastructure. As the ledger’s native gas token, $XRP powers every $RLUSD transaction processed on XRPL behind the scenes. While reinforcing $XRP’s central role in facilitating activity across the network, he said: “Everything…

The biggest fights over tech regulation aren’t happening in Congress anymore. They’re happening in state legislatures, and companies like DraftKings, Meta, and Andreessen Horowitz are writing very large checks to make sure the outcomes go their way. The three have collectively funneled millions into state-level political campaigns, targeting races that most voters barely notice but that carry enormous consequences for how online gambling, social media, and cryptocurrency get regulated across the country. Illinois became ground zero The Illinois 2026 primaries offered the clearest picture of what corporate political spending looks like when it goes local. Outside expenditures in that primary…

Bitcoin traded near $76,600 on May 26, down 0.72% over 24 hours, according to crypto.news price data. The same page showed 24-hour volume at $19.88 billion, market capitalization at $1.53 trillion, and a daily range between $76,400 and $77,700. The move came as traders reacted to renewed tension in the Middle East. Reuters reported that U.S. forces struck missile launch sites and boats in southern Iran, with U.S. Central Command calling the action “self-defense” while saying the ceasefire remained in place. The pullback followed a brief rise toward $77,700 on Monday before Bitcoin moved back below $76,500. That left $BTC…

Public companies holding ether are increasingly relying on staking income as losses mount and investor premiums shrink. Everstake’s study suggests the digital asset treasury model is moving away from simple crypto exposure and toward active yield generation. Key Takeaways: Everstake found that $ETH treasury firms lost $1.41B as crypto market cap fell 30.6%. Sharplink and Bit Digital relied on staking, which made up 60% of reported revenue. Everstake says $ETH firms now need DeFi, MEV, and staking yields to stay competitive. Staking Drives 60% of Revenue for $ETH Treasury Companies Publicly listed ether treasury companies are facing a tougher market,…

Harvard University’s endowment fund decided to reduce its investment in crypto ETFs. The first quarter of 2026 saw some massive slashing. The fund fully exited from its Ether ETF position. However, it also cut its stake in BlackRock’s linked $BTC ETF by around 43%. Fresh SEC 13F filings show Harvard Management Company lowered its holdings in iShares Bitcoin Trust (IBIT). It axed 3,044,612 shares (approx. worth $117 million) of its holding. This comes in when Harvard has already slashed its position by 21% in Q4 of 2025. Harvard exits BlackRock $ETH ETF The global crypto market has seen a dip…