Author: NBTC

Chicago-based derivatives giant CME Group has urged the holders of XRP ahead of the launch of futures tied to the popular altcoin. The much-awaited product is expected to go live on May 19. CME inadvertently revealed its plans to introduce XRP with a beta page on its website. The derivatives giant quickly moved to downplay the leak, claiming that it was merely a mock-up in a test environment. However, XRP did confirm its intention to launch such a product in April. The official confirmation came shortly after CME introduced Solana futures. As reported by U.Today, Bitnomial rolled out the very…

Democratic Senator Kirsten Gillibrand has played a significant role in the GENIUS Act, a bipartisan bill that, if passed, will regulate the use of stablecoins in the United States. But, as a lead co-sponsor of the bill, Gillibrand’s involvement in its passage comes with its share of controversy. In an investigation into campaign financing during the 2024 federal election cycle, BeInCrypto found that the combined donations from individuals associated with prominent crypto firms—including Coinbase, Ripple, Uniswap Labs, Andreessen Horowitz, and dYdX Trading—exceeded $200,000 for the New York Senator’s campaign. The GENIUS Act: A Step Closer to Federal Stablecoin Regulation On…

Cryptocurrency exchange Kraken is joining forces with tokenized stock issuer Backed and the Solana Foundation to launch digital assets representing U.S. stocks and ETFs on the Solana blockchain. The new platform has been announced as “xStocks” and the first tokenized assets will be offered via the Kraken app to eligible users in select non-US markets via the SPL standard. The new partnership was announced at the Solana Accelerate event in Lisbon. According to the project, Backed will bring digital representations of US-listed stocks and ETFs to the Solana blockchain. These assets will be offered to investors under the brand name…

⚈ Bitcoin is trading near $96,739 and aiming to break $100,000 soon.⚈ Key levels to watch are $94,657 (support) and $97,828 (resistance).⚈ High RSI suggests BTC may face short-term downside before another rally. After threatening to end the bull cycle before coming close to the previously forecasted cycle tops near $200,000, Bitcoin (BTC) broke out in mid-April and is once again promising to reclaim the psychologically important $100,000 level. Specifically, after falling to 2025 lows near $75,000 on April 7 and April 8, as Liberation Day tariffs pushed stock and cryptocurrencies lower, and bond yields and gold higher, BTC set…

Strategy (formerly MicroStrategy) is on a wild ride as it runs up by 119% over the past year. Mostly seen as the Bitcoin proxy stock now boasts a staggering $101 billion market cap. However, its recent bet on Bitcoin might have opened a crack beneath the surface. 10X Research warns that Strategy’s days of high-flying volume may be over. Retail traders who were chasing the rally could soon shift toward even riskier, more volatile names like Metaplanet. This comes in when BTC went on to hit a fresh all-time high (ATH) of over $111,900 on May 22 before tracing back…

Byte has grown in popularity over the past few months after becoming the first fully AI-generated meme coin. Grok, the AI model developed by Elon Musk that launched BYTE, holds a little over a fourth of the token’s supply. Even under command, Grok will not sell off its BYTE holdings. BeInCrypto spoke with BYTE and Cliza Systems representatives to understand the mechanisms that led to BYTE’s creation and how its developer wallet is managed to avoid scams or rug pulls. BYTE: From a Simple Question to a $4 Million Market Cap Token BYTE made headlines in March for becoming the…

The White House’s top cryptocurrency official has declared that the proposed stablecoin legislation could unlock trillions of dollars in value for the US Treasury. During an interview on Wednesday, David Sacks, President Donald Trump’s top crypto and artificial intelligence advisor, made the bold prediction. “If we provide the legal clarity and legal framework for this, I think we could create trillions of dollars of demand for our Treasuries practically overnight, very quickly.” Sacks said in an interview. The targeted legislation is the GENIUS Act, which is short for Guiding and Establishing National Innovation for US Stablecoins. It would seek to…

Cryptocurrency analyst The DeFi Investor shared with his followers the important developments to pay attention to as we enter the new week. Here is The DeFi Investor’s crypto watchlist for the week starting May 26: KAITO: New airdrop announcements for KAITO investors are expected next week BTC: US Vice President JD Vance will attend the biggest Bitcoin conference of the year to be held on May 28. VIRTUAL and AI-focused tokens: NVIDIA’s earnings announcement on May 28 could have an impact on AI-themed projects. RUNE: Thorchain’s new App Layer structure has begun rolling out. FTT: A total of $5 billion…

Alec Bakhounche, the account executive at Bitcoin-focused investment firm Swan, has highlighted eight major Bitcoin 2025 price predictions from prominent institutions. Bitcoin is on the rise, and so is the optimism around the asset and the crypto industry in general. With the resistance between $94,000 and $96,000 off the narrative and the euphoria phase kicking in, market observers are expectant of new all-time highs. Amid this anticipation, Bakhounche has compiled major price predictions for the pioneering cryptocurrency for the year. Interestingly, these projections are not from mere analysts but prominent institutional players. Standard Chartered Predicts Bitcoin to $200,000 For instance,…

During a Sunday ask-me-anything (AMA) session on YouTube, Cardano founder Charles Hoskinson downplayed the antitrust concerns surrounding Ripple’s potential acquisition of Circle. Hoskinson spoke favorably of a potential deal, arguing that it would ultimately make the crypto space better. “I think it would make the space better. There’s like this Coinbase-a16z-Circle mafia where they’ve built an ecosystem, and it’s self-serving in that ecosystem, and if you are outside of it, you get completely blacklisted, and it’s hard to get listed, it’s hard to get liquidity, and it’s hard to get a stablecoin,” he said. Ripple and XRP could break apart…