Author: NBTC

As Bitcoin once again approaches six figures, the words of its enigmatic creator, Satoshi Nakamoto, have resurfaced. In a recent tweet, Alex Thorn, Head of Research at Galaxy, revisited the Bitcoin creator’s now iconic statement, which precisely expresses Bitcoin’s current sentiment: “It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self-fulfilling prophecy.” “It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.” – Satoshi Nakamoto on Bitcoin — Alex Thorn…

Markets were flashing green on Thursday as trade tensions eased following confirmation of a trade agreement between Washington and London. The Dow Jones Industrial Average gained 254 points, or 0.62%, while the S&P 500 lagged slightly with a 0.58% gain. The Nasdaq outperformed, climbing 1.07%. Shares of Alphabet also rose after the company released a report stating its search traffic remains strong, despite earlier claims from an Apple executive that Safari search usage is declining due to rising AI adoption. Bitcoin (BTC) traded above the $100,000 mark for the first time since early February. Trade deal ‘in the coming weeks’…

Solana-based meme coin project Catwifhat (CWIF) outpaces Shiba Inu (SHIB) in terms of relative supply burned. Many crypto enthusiasts consider Shiba Inu the most ‘flammable’ crypto project in the market. This is because the community has permanently removed over 410 trillion SHIB tokens from its supply since its launch in August 2020. However, Catwifhat recently gained attention as the number-one Solana token extension burn project, having burned a greater percentage of its total supply than Shiba Inu. This indicates that Catwifhat has destroyed a significantly higher portion of its token supply in relative terms. CWIF Burn Catfwifhat’s official X handle…

Celsius founder Alex Mashinsky has been sentenced to 12 years for his role in Celsius’ token manipulation, but won’t be imprisoned until after his daughter’s wedding. That’s according to coverage from Matthew Russell Lee, representing Inner City Press. Judge Koeltl sentenced Mashinsky and ordered him to forfeit $48 million and nine properties. Before the sentencing, Lee reported that Judge Koeltl agreed to let Mashinsky go to Tennessee later this month to attend his daughter’s wedding in Memphis. Approving this request means he won’t be remanded until September 12. Mashinsky’s lawyers argued that “a 15-year sentence for a 60-year-old combat veteran…

South Korean crypto exchange Upbit has announced new trading support for Celestia (TIA) and io.net (IO) and expanded its listing services on the Korean won (KRW), Bitcoin (BTC), and Tether (USDT) markets. Upbit Adds Marketplace Support for Celestia (TIA) and IO.net (IO) Listing Details Celestia (TIA) will be available for trading on KRW, BTC, and USDT trading pairs. IO.net (IO) is only supported on BTC and USDT trading pairs. Upbit advises users to carefully check network compatibility before depositing funds, reminding that deposits cannot be made on unsupported networks and may result in delays or loss of funds. To ensure…

Nexus is building an AI R&D organization aimed at creating artificial intelligence agents that are transparent and verifiable to their users. Artificial intelligence continues to gain attention in the blockchain space, infrastructure company Nexus announced on Thursday, May 8, the launch of its dedicated AI research and development lab: the Nexus Verifiable AI Lab. The Nexus Verifiable AI Lab will work on bridging blockchain verifiability with artificial intelligence. They will focus on developing AI models that are auditable and trustworthy, with the help of zero-knowledge proofs. You might also like: Big Tech’s biggest nightmare? Decentralized AI | Opinion The primary…

It almost felt inevitable today that bitcoin will eventually break past the coveted $100,000 milestone and after a brief hesitation, the asset has soared to a new multi-month peak above $101,000. The altcoins have followed suit with massive price gains from the likes of PEPE, SUI, FARTCOIN, and many others. CryptoPotato reported earlier today that BTC had risen to $99,700 amid reports that China and the US will have talks later this week in Switzerland in regards to striking a tariff deal. Later, Trump teased a big announcement for tomorrow that will involve the UK. BTC stood close to the…

Governments are racing to lock in bitcoin reserves—investors now have a narrowing window before sovereign accumulation reshapes the entire crypto landscape. Bitcoin Reserve Momentum Surges as CZ Warns of Disappearing First-Mover Advantage Binance founder and former CEO Changpeng Zhao (CZ) has warned that the window for investors to buy bitcoin before government entities do is rapidly closing. In a post shared on May 8 via social media platform X, Zhao stated: You can buy while governments are buying or after they have bought. The ‘before’ option is disappearing. Zhao’s comment came after Arizona became the second U.S. state to enact…

Solana (SOL) pushed towards $150 today, gaining over 3% in the past 24 hours and reclaiming its 20-day EMA, fueled by positive ecosystem developments and continued market interest. News surrounding Backpack Exchange’s SOL staking initiative and potential adoption by Robinhood in Europe adds fundamental weight to the ongoing technical recovery. Backpack Exchange Begins Staking SOL Reserves Adding to Solana’s news flow today, Backpack Exchange made a notable move: the platform, led by Armani Ferrante, announced it has started staking its SOL reserves. We’re beginning the process of staking @BackpackExchange SOL reserves. To start, we aim to provide the full staking…

In a new letter to Analisa Torres, a United States District Court Judge for the Southern District of New York (SDNY), the U.S. Securities and Exchange Commission (SEC) has confirmed that it has reached a settlement agreement with enterprise blockchain company Ripple. The aforementioned letter has requested an indicative ruling from Judge Torres. The Second Circuit previously paused the appeal to allow the parties to finalize the settlement process. The district court would be able to formally approve the settlement once the case gets remanded, meaning that the Second Circuit would send it back to the district court. Ripple and…