Author: NBTC

A decentralized perpetual futures platform operating within the Hyperliquid ecosystem is gaining traction as an unconventional method for pricing shares of private companies. Known as TradeXYZ, the platform has recently listed pre-market perpetual contracts for Cerebras Systems (CBRS) and SpaceX (SPCX), allowing traders to speculate on the value of these unlisted equities before they debut on public exchanges. Bridging the Gap for Private Company Valuation According to a report by The Block, Hyperliquid’s pricing for Cerebras closely tracked the company’s real-time opening price during its listing event. This correlation suggests that decentralized derivatives markets could offer a more dynamic and…

Following an aggressive buying spree by a major whale, the meme token Asteroid abruptly surged higher, driving price action into a sharp vertical rally. Asteroid doesn’t want to stop At an average entry price close to $0.0003297, one of the top five token holders spent about $1.39 million accumulating ASTEROID, according to on-chain trading data. The wallet’s unrealized profit increased to about $366,000 after the move, a gain of 26.4% in a very short period of time. Source: ai_9684 on X The whale currently holds nearly 4.21 billion ASTEROID tokens, or 99.9% of the position that was initially accumulated, and…

Three prominent figures from France’s cryptocurrency sector have jointly called on lawmakers to prioritize the creation of a legal framework for stablecoin payments, warning that the country risks falling behind in the global digital economy. Their op-ed, published in the French daily Le Monde, argues that current tax laws are outdated and actively discourage the use of euro-backed stablecoins for everyday transactions. Why stablecoin payments need a legal framework The contributors, whose identities were not disclosed in the initial report, stressed that the rise of AI agents conducting transactions online has already made stablecoins a preferred settlement method. They argue…

Charles Hoskinson says he remains deeply committed to the blockchain industry because he believes decentralization can reshape the global financial system and improve economic access for billions of people. He shared this view at the Bermuda Digital Finance Forum in May 2026. The Cardano founder reflected on his 12-year journey in crypto and explained why he continues to attend conferences and promote blockchain adoption around the world. Key Points Charles Hoskinson says decentralization can expand financial access for billions worldwide. Hoskinson called blockchain a “truth engine” built on transparency and open systems. The Cardano founder predicts crypto could grow into…

Bitcoin continues facing mounting pressure after failing to reclaim the $82,800 resistance zone earlier this month. The latest correction pushed $BTC toward the $75,000 region, where traders now watch for signs of stabilization. At the same time, institutional sentiment weakened as BlackRock’s spot Bitcoin ETF recorded another day of heavy outflows. Bitcoin Holds Critical Support as Momentum Weakens Bitcoin traded near $75,600 during Tuesday’s session while remaining below major short-term moving averages. The asset continues trading under the 20-day EMA near $77,800 and the 50-day EMA around $76,700. Consequently, buyers struggle to regain strong upside control. The latest decline also…

A prominent anonymous trader known as Evaded has opened a substantial short position on Ethereum, worth $25.49 million, on the decentralized exchange Hyperliquid. The move, executed with 25x leverage, involves 12,600 ETH and was first flagged by on-chain analytics platform Onchain Lens. Details of the Short Position The short position, opened on March 20, 2025, adds to Evaded’s existing bearish bets. The trader is also maintaining a 30x leveraged short position on Bitcoin valued at $71.5 million. According to available data, the Bitcoin short is currently showing unrealized profits exceeding $1.6 million, suggesting a degree of market timing success. The…

AEON raised $8m led by YZi Labs to build an AI-native settlement layer, using its x402 protocol on $BNB Chain to let agents pay 50m+ merchants via on-chain receipts. AEON has completed an $8 million pre-seed funding round to build what it calls the “financial foundation of the AI economy,” with Binance venture arm YZi Labs leading the round alongside IDG Capital, HashKey Capital, Stanford Blockchain Builders Fund, Oak Grove Ventures, and other backers. According to a ChainCatcher-summary of reporting from The Block, the company did not disclose its valuation, but said the capital will be used to develop settlement…

Cardano builder Input Output Group has revealed a new research proposal projected to boost Cardano’s quantum readiness. In a tweet, Input Output stated that the IO Research proposal future-proofs Cardano and builds long-term resilience for post-quantum security.IO noted that the quantum threat represents a long-term reality, with the time to prepare being not later but now. It noted that layer by layer, Cardano is being hardened. The IO Research proposal future-proofs Cardano and builds long-term resilience for post-quantum security. The quantum threat is a long term reality and the time to prepare is now! Layer by layer, Cardano is being…

Sui network, a layer 1 blockchain developed by Mysten Labs, is experiencing a network outage on Thursday after the project said its mainnet had “stalled,” temporarily halting transaction processing. “Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution,” the project posted on X. “Be aware that transactions may be paused at this time. Updates will be shared as soon as they are available.” The disruption appeared to pause activity across the network, though the team had not yet disclosed the cause of the issue at press time. The incident marks another…

Ethereum [$ETH] attracted renewed speculative attention after a trader expanded his 25x leveraged $ETH long position to 6,325 $ETH, valued near $13 million. Despite facing unrealized losses of more than $33 million, the trader deposited an additional $287,913 USDC into HyperLiquid. This aggressive positioning highlighted growing conviction among derivatives traders, even as $ETH continued to struggle below key resistance levels. However, the move also highlighted rising liquidation risk because extremely leveraged positions remained vulnerable during sharp volatility swings. Market participants increasingly monitored whether whale traders still expected a broader recovery structure from current levels. Therefore, the expanding position suggested confidence…