Author: NBTC

Last month, CoinDesk discussed in detail how bond market activity is challenging the notion that the U.S. government is good for money, raising questions on the long-held “kayfabe” or illusion of fiscal stability. Now, billionaire tech entrepreneur Elon Musk has raised the alarm on X through his [perhaps rightful] diatribe against President Donald Donald Trump’s big, beautiful tax bill, which is projected to boost the fiscal deficit by $2.4 trillion over ten years. That’s happening at a time when mounting fiscal concerns are already driving investors away from U.S. assets and into alternatives, such as bitcoin and gold. As of…

Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted a massive Dogecoin transaction worth $30,064,203. 155,000,000 DOGE were transferred to a popular trading platform Robinhood, which offers its customers not only stocks but cryptocurrencies as well. The transaction was made from an anonymous cryptocurrency wallet as an unknown whale seems to plan to sell his massive DOGE stash on the aforementioned platform. 🚨 🚨 155,000,000 #DOGE (30,064,203 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/b6oyq70n8N — Whale Alert (@whale_alert) June 9, 2025 The transaction took place approximately ten hours ago. It aligned with a Dogecoin price increase of…

California lawmakers passed a bill through the House on Tuesday that would require the state to seize unclaimed customer cryptocurrency holdings from exchanges after three years of inactivity, due to not “showing an interest” in their holdings. But while the bill has already stoked crypto investors’ jitters and led to pushback across social media, there may be reason to breathe a sigh of relief. Proponents of the bill say that it allows for unclaimed Bitcoin and other digital assets to not be liquidated by the state, but rather held by a custodian for customers to reclaim later—so there’s no risk…

FalconX has taken a majority stake in the parent company of Monarq Asset Management, a multistrategy crypto hedge fund, marking a significant move into asset management for the digital asset prime broker. The deal, whose terms were not disclosed, is part of FalconX’s broader strategy to expand beyond its current client base, which includes hedge funds, trading firms, and asset managers, according to Bloomberg reporting. FalconX, which offers trading, credit, and custody services, now aims to serve endowments, pensions, and family offices seeking crypto-focused investment solutions. Monarq, formerly known as MNNC Group, is registered in the Cayman Islands and was…

RWA Inc, a well-known real-world asset (RWA) tokenization platform, has unveiled its latest partnership with Amano Invest, a completely licensed marketplace for real-world assets. The collaboration aims to introduce income-generating, tokenized real-estate investment products for worldwide users. The platform revealed this development in a recent press release. New partnership announcement!We’re excited to partner with @Amano_Invest, a fully licensed RWA marketplace tokenizing real estate and other income-generating assets starting with premium properties in Dubai.Amano makes property investing as simple as:💰 Buy from $100 into… pic.twitter.com/nbzsFz8jfr — RWA Inc. (@RWA_Inc_) June 4, 2025 RWA Inc Delivers Tokenized Real-Estate Investment for Worldwide User…

This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Eleven years ago to the day, the Bitcoin space was grappling with the ballooning hash rate of one massively popular mining pool: Ghash.io. Ghash, which was owned by CEX.io (an exchange still operating today) was widely considered the best mining pool in 2014. It had automatic payouts and ultra-low fees, and it even shared transaction fees with the entire pool, whereas others tended to keep those for themselves. There was also clear and responsive tooling for tracking hash rates and incomes, and it supported more merge-mined…

World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 Wrapped Bitcoin (WBTC), and 5,010 staked Ethereum (stETH) worth $13.31 million. Following this transaction, WLFI borrowed $7.5 million USDT from Aave V3 and transferred the loaned funds to a BitGo wallet. WLFI has yet to publicly comment on the loan or its exact purpose. However,…

Ethereum has seen a period of consolidation under the resistance of $2,681 for the past month. Despite this, the price action has been relatively stable. However, with significant investor accumulation, led by Consensys and others, Ethereum might experience a turning point, potentially signaling a rise in price. Ethereum Finds Demand From Investors Investor sentiment has shifted in favor of Ethereum, with a noticeable uptick in accumulation since the beginning of June. After consistent selling toward the end of May, investors have bought over 300,000 ETH, amounting to $778 million since the beginning of June. This growing accumulation signals increased confidence…

Financial expert Gary Cardone has slammed XRP for its alleged alignment with global authoritarianism amid speculation about the digital euro integration with the XRPL. In recent weeks, there have been talks about the European Central Bank (ECB) potentially launching its upcoming digital euro on the XRP Ledger. Although there is no official confirmation, such claims have gained attention among both XRP supporters and critics. Cardone: XRP Will Partner With “Oppressive People to Survive” In a tweet, Gary Cardone criticized XRP, stating it “will take any path it needs to survive,” even if that means aligning itself with some of the…

As artificial intelligence threatens to disrupt the American workforce, Zoltan Istvan, who’s running for the Democratic nomination for Governor in California, is betting on a radical solution: universal basic income and a humanoid robot in every home. Istvan’s campaign comes as tech leaders warn that AI could eliminate up to 50% of entry-level jobs within the next five years. Istvan believes the threat is far broader, predicting that the rise of generative AI and humanoid robots imperils half of all jobs. “That is what my campaign is about,” Istvan told Decrypt. “We’re saying 50% of all jobs at this point…