Author: NBTC

Bitcoin is barreling toward $100K in the coming weeks as explosive momentum, soaring liquidity, and a decisive breakout converge to supercharge the bullish Q2 setup. Bitcoin Eyes $100K in Weeks—Strategist Maps Bullish BTC Setup Through Q2 Matt Mena, crypto research strategist at asset management firm 21Shares, commented Friday on the surprising strength of April’s U.S. jobs report, which helped push risk assets higher and improve overall market sentiment. The report revealed that the economy added 177,000 jobs, extending a streak of gains to 52 straight months, with unemployment stable at 4.2%. Mena stated: “While growth in hiring slowed modestly, the…

Galaxy Digital, a prominent financial services and investment management firm led by billionaire Mike Novogratz, started trading on Nasdaq Friday under the ticker GLXY. The company’s stock opened at $23.50 and surpassed $25 at press time, according to CNBC data. Shares rose about 15% from the previous trading session. Galaxy completed its long-anticipated move from the Toronto Stock Exchange to the Nasdaq via a direct listing. The entrance into the US public market followed an extensive regulatory process with the SEC, which took 1,320 days and cost the company over $25 million, according to CEO Mike Novogratz. “This is more…

As the XRP community eyes opportunities for passive income through lending, industry commentators remain divided on the associated risks and the timing. Vandell Aljarrah, co-founder of Black Swan Capitalist, sparked a discussion on X by urging XRP holders to adopt a long-term mindset when considering lending their tokens. He argued that significant returns from XRP lending are unlikely to materialize through current DeFi channels alone. Aljarrah emphasized that meaningful returns will only emerge once financial advisors begin recommending XRP to high-net-worth clients. He believes this will require a regulatory framework that ensures insurance and protection for lenders. Notably, the XRP…

Lately, Bitcoin developers have found themselves entrenched in a fervent dispute over a proposal to eliminate the long-standing 80-byte constraint imposed on the OP_RETURN function. As this technical standoff intensifies, the alternative Bitcoin client known as Bitcoin Knots witnessed a notable climb in node adoption. OP_RETURN Controversy Drives Surge in Bitcoin Knots Adoption The proposal, introduced by Peter Todd, aims to abolish the 80-byte restriction on OP_RETURN outputs—potentially enabling much larger datasets to be embedded directly into the Bitcoin blockchain. This has ignited considerable pushback from developers who view the change as antithetical to Bitcoin’s design ethos. Advocates contend the…

U.S. stocks opened mixed on Friday, with the S&P 500 looking to clock a fifth consecutive day of gains. As markets opened for the final trading session of the week, Wall Street saw the S&P 500 rise 0.1% to hover near 5,920. The benchmark index, which has posted four straight days of gains, could notch a fifth consecutive win to bolster investor confidence. The S&P 500 is up 4.5% over the past week. Notably, it continues to rally after erasing all of its 2025 losses. The Dow Jones Industrial Average and the Nasdaq Composite showed mixed performance. In early trading,…

Blockchain sleuth Whale Alert has spotted a large cryptocurrency transfer carrying almost 70 million ADA. It was a withdrawal from the largest U.S.-based cryptocurrency exchange, Coinbase, which has recently been added to the S&P 500 index. The aforesaid blockchain tracking platform noticed 68,769,654 ADA transferred from Coinbase to an anonymous blockchain address. This amount of Cardano-affiliated cryptocurrency is the equivalent of $52,966,118 in fiat. The transaction took place slightly over an hour ago. Over the past 24 hours, Cardano’s native token, ADA, has lost 7.7%, falling from $0.8293. By now, it has logged a small recovery of 1.5% and is…

Bitcoin was priced at $95,426 on May 4, 2025, with a market capitalization of $1.895 trillion. Over the past 24 hours, it recorded a trade volume of $13.546 billion and fluctuated within a narrow intraday range of $95,415 to $96,493. Bitcoin The daily chart highlights a broader uptrend continuation following a significant rally from the recent low of $74,434. However, signs of local exhaustion are emerging. Three consecutive red candles near the resistance of $97,938 suggest short-term hesitation, especially as trading volume has declined—indicating waning bullish momentum. This divergence between rising prices and falling volume typically signals a possible retracement…

As President Trump alternates between tariff hikes and pauses, the United States continues to witness rising bond yields despite a decreased inflation risk index. These inconsistencies reveal deeper structural problems related to the US economy’s spending habits. Steve Hanke, Professor of Applied Economics at Johns Hopkins University, sat down with BeInCrypto to explore the underlying forces driving bond yields to new heights. The economist cited the US fiscal deficit, tariff uncertainty, and Congressional inaction as central contributors to the current economic outlook. Why Are Bond Yields on the Rise? Government bond yields have been in a fluctuating frenzy since President…

As speculation grows around a potential BlackRock XRP ETF filing, industry expert Vandell Aljarrah suggests the asset manager clearly wants to enter the market. However, Aljarrah, who is the co-founder of Black Swan Capitalist, issued a warning to investors about this potential development. He suggested that the anticipated move is less about enhancing crypto adoption and more about profit and control by institutional players. BlackRock Wants an XRP ETF, But There’s a Catch In a recent post, Aljarrah stressed that investors should not automatically equate an XRP ETF with broader access to utility-driven crypto adoption. He argued that while the…

Avalanche shooter Off the Grid has slowly started to shift its player base onto the GUNZ mainnet, where they can trade in-game items for GUN tokens. Even with approximately 0.13% of its player base now able to trade items, the marketplace is heating up, with some items going for thousands of dollars’ worth of crypto. This all comes as the hit battle royale shooter plots its June expansion to PC platform Steam—a marketplace that banned blockchain games from the platform in 2021. That said, Off the Grid is also on PlayStation and Xbox, despite those platforms also apparently not allowing…