Author: NBTC

Crypto investment firm dao5 raised a $222 million fund to invest in blockchain projects targeting institutional and government adoption. The fund brings the firm’s total assets under management to $550 million. Founded in 2022 by Tekin Salimi, a former partner at Polychain Capital, dao5 made early bets on projects including Story Protocol, Bittensor, Berachain and EigenLayer. The firm’s first fund, launched during the final days of the last bull market three years ago, was fully deployed and has already returned “the vast majority of commitments to its limited partners,” according to a press release shared with CoinDesk. “Crypto is entering…

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening. The Viral Tweet — Outdated and Misleading A tweet from Eleanor Terrett has been making the rounds again, suggesting that the SEC would likely address the Ripple case dismissal at a closed-door meeting scheduled for a Thursday. However, what many people may not realize is that tweet is from March. The date isn’t new, and it was relevant to…

Ethereum co-founder Vitalik Buterin is doubling down on what he believes is the most underrated strength in crypto: privacy. In a latest X post, he referred to it as the “true alpha,” highlighting a focus not only just on scalability, but on decentralization to protecting users’ data and autonomy in an increasingly monitored world. Buterin’s take is grounded in both philosophy and code, which is usual for the Ethereum (ETH) creator. He recently shared technical updates involving advanced zero-knowledge proof systems — mathematical tools that let users prove things without revealing underlying information. These tools aren’t just abstract theory anymore;…

Bitcoin price is consolidating gains above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $93,500 zone. The price is trading above $94,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $94,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $95,500 zone. Bitcoin Price Eyes Key Upside Break Bitcoin price remained stable above the $93,500 level and started a fresh increase.…

Tether, the world’s largest stablecoin, has released its attestation for the first quarter of 2025, claiming that it has over $120 billion in exposure to United States Treasury securities and over $1 billion in profit for the quarter. However, it also suggests that Tether keeps very little cash around. Additionally, the attestation shows that Tether’s self-described “equity” (assets minus liabilities) in the report has fallen by almost $1.5 billion this quarter, more than the total profit. This was also the first quarter after Tether relocated to El Salvador. Reserves Tether’s reserves are dominated by US Treasury securities, with nearly $100…

Bitcoin (BTC) continues to hover in the mid-$90,000 range, posting modest gains over the weekend following reports that China has exempted certain US-based products from a 125% tariff rate. However, the leading cryptocurrency now faces a critical resistance level that could determine its near-term price trajectory. What Do On-Chain Metrics Indicate? In a recent CryptoQuant Quicktake post, on-chain analyst BorisVest noted that BTC has entered a stagnation phase as short-term holders have begun realizing profits. The contributor warned that if this ongoing profit-taking is not fully absorbed, it could trigger a fresh wave of selling. BorisVest also highlighted that BTC…

Strategy’s stock has soared, coming within a dollar of its highest price this year ahead of the software company’s Q1 earnings report Thursday—and just as the price of Bitcoin itself edges closer to the $100,000 mark. The Nasdaq-listed stock (MSTR) was recently trading above $400 a share, up over 4% on Thursday, Yahoo Finance data shows. It hit a Thursday high of $403.90, as of this writing, coming just short of a 2025 peak of $404.42 setthe day after President Trump’s inauguration on January 21. Tysons, Virginia-based software firm—formerly known as MicroStrategy—will share earnings later Thursday. The company sells>Strategy now…

As President Donald Trump marks his first 100 days back in office with a rally hosted by Securing American Greatness, excitement is growing around whether he will take a historic step by officially adding Bitcoin to the United States’ financial reserves. According to prediction market Polymarket, there is currently a 6% chance that Trump will announce a Bitcoin reserve before the 100-day milestone ends tomorrow. This speculation follows recent comments from U.S. Secretary of Commerce Howard Lutnick, who appeared on Bitcoin Magazine to discuss the administration’s evolving stance on digital assets. Lutnick opened up about a strong shift away from…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. This week is one of the biggest we’ve had in a while for economic data releases. In the spirit of all this data, let’s run through some charts and takeaways. JOLTS report On Tuesday we received the Job Openings and Labor Turnover Survey (JOLTS) report. It was a mixed one. On one side, we saw job openings miss to the downside and begin to roll over after a few months of positive surprises: On the other side, we saw the quits rate actually increase, hinting at…

TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as Democratic lawmakers cite the president’s involvement with the token as potential grounds for impeachment and after a massive unlock earlier in the month. At a town hall on Friday, Sen. Jon Ossoff (D-Ga.) pointed to the crypto project offering its top holders an invitation to a dinner event with President Trump, calling it a clear case of selling access to the presidency, NBC News reports. “When the sitting president of the United States is selling access for what are effectively…