Author: NBTC

Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR), the world’s largest corporate holder of bitcoin , repurchased $1.5 billion of its 0% convertible senior notes due 2029 last week for $1.38 billion, opting to reduce debt rather than add to its bitcoin treasury, according to a filing released Tuesday. The company funded the repurchase using cash reserves, bringing those reserves down to about $871 million following the debt repurchase and related capital transactions. Executive Chairman Michael Saylor referenced the move on Sunday in a post on X, writing: “This week we bought bonds, not bitcoin. The…

A dormant whale move usually triggers one of two reactions: FUD or a reassessment of conviction. Recently, whale trackers flagged an Ethereum whale moving 2,000 $ETH after 10 years of inactivity. From a technical standpoint, moves like this often signal either potential distribution or a dip in conviction, especially when you factor in $ETH’s price action and recent market structure. As the chart shows, $ETH/$BTC has now closed 13 straight 3-day candles in the red for the first time in history. Ethereum has clearly sustained underperformance against Bitcoin over an unusually extended period. Source: TradingView ($ETH/$BTC) Notably, Ethereum’s [$ETH] ROI…

Japan is preparing to make cryptocurrency investing easier for ordinary people as some of the country’s biggest brokerage firms move to launch crypto investment trusts and exchange-traded products. SBI Securities and Rakuten Securities are already developing in-house crypto investment products, while other major financial companies are waiting for the government to finalize new regulations. The move could reshape how retail investors in Japan access digital assets like Bitcoin and Ethereum, allowing them to invest through regular securities accounts rather than crypto exchanges. Why are Japanese brokerages rushing into crypto trusts? 11 major securities firms are considering implementing cryptocurrency investment trusts,…

Loracle, an on-chain investor trading on Hyperliquid, a prominent platform in the cryptocurrency derivatives market, topped the weekly profit rankings with gains exceeding $11 million in the past week. The investor’s early long positions, particularly in $ZEC and $TON, were noteworthy. According to the shared data, Loracle’s biggest gains in the last seven days came from $ZEC and $TON long positions and crude oil short positions. The fact that the investor closed both WTI and Brent oil short positions at the previous day’s lows led to comments in the market regarding the success of the timing. Related News Experienced Analyst…

Kalshi and Polymarket are continuing to onboard users in India despite an explicit federal ban and a direct warning from the country’s technology ministry that both platforms are operating illegally. The situation reflects a pattern increasingly visible among leading prediction market platforms: push into high-growth emerging markets, take the regulatory heat, and keep running until someone actually makes you stop. The prize in India is significant. Wagers on Indian Premier League cricket matches have already reached nearly half the volume of U.S. Major League Baseball games in some weeks. A single match on May 7 drew over $27 million in…

Bitcoin’s rebound is running into a demand problem. CryptoQuant’s 30-day apparent demand metric has fallen to minus 147,000 $BTC, its weakest reading since December 2025, even as bitcoin holds in the mid-$70,000s after bouncing from its April lows near $65,000. The metric compares new miner supply and older coins returning to circulation with the amount of bitcoin the market is absorbing. A positive reading means buyers are taking down new and reactivated supply, while a negative reading means more coins are coming to market than buyers are absorbing on-chain. The latter is the issue with the current rally. Bitcoin has…

Bitmine Chairman Tom Lee stated that the cryptocurrency market is about to enter a new “super cycle,” and that Ethereum, in particular, will be one of the biggest winners in this process. While maintaining his long-term optimism for the crypto market, Lee noted that Ethereum’s current position presents significant opportunities for investors. According to Tom Lee, there are two main driving forces behind the upcoming supercycle. The first is the asset tokenization process accelerated by Wall Street companies. It is predicted that the demand for Ethereum-based infrastructure will increase significantly as stocks, bonds, and various real assets in the traditional…

Online Blockchain CEO Clem Chambers believes U.S. markets have entered the early phase of a two-year Nasdaq bubble driven by artificial intelligence (AI) infrastructure spending, deficit-funded money printing, and industrial reindustrialization. Key Takeaways: This week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing. Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following the interview with Chambers, gold traded at $4,540 per ounce on May 17. Copper, industrial batteries, and grid capacity are the primary choke points investors should watch now,…

This week, the nonprofit organization $XRP Ledger Foundation (XRPLF) announced the completion of the formation of its new operational core, while Hussain Zangana, known as Vet_X0, who has taken the position of Community Director, has already revealed details of two key planned upgrades. These updates are expected to transform XRPL into a full-fledged financial and credit ecosystem and cement the native $XRP token’s status as an irreplaceable cross-chain liquidity bridge. How XRPL is building its new credit layer The protocol is preparing to introduce functionality that previously required heavyweight general-purpose smart contracts: Native Lending Protocol: A fully decentralized lending infrastructure…

Minnesota has enacted a new law that explicitly permits banks and credit unions operating within the state to offer cryptocurrency custody services to their customers. The legislation, signed by Governor Tim Walz, creates a formal regulatory pathway for traditional financial institutions to securely store digital assets such as Bitcoin and other virtual currencies on behalf of clients. What the new law means for financial institutions Under the bill, which passed with bipartisan support in the Minnesota legislature, state-chartered banks and credit unions are now authorized to act as custodians for virtual assets. This means these institutions can legally hold private…