Author: NBTC

BEIJING, China – The People’s Bank of China (PBoC) has maintained its key benchmark lending rates unchanged for the eleventh consecutive month, signaling continued monetary policy stability amid global economic uncertainty. This decision keeps the one-year Loan Prime Rate (LPR) at 3.0% and the five-year LPR at 3.5%, marking the longest period of rate stability since the LPR reform implementation in 2019. Financial markets closely watched this announcement for signals about China’s economic management approach through 2025. China’s PBoC Maintains Monetary Policy Consistency The People’s Bank of China announced its latest rate decision today, continuing a pattern of monetary policy…

Avalanche ($AVAX) continues to capture attention due to its pronounced price movements set against a backdrop of rising geopolitical tensions in the Middle East and challenging conditions within the broader cryptocurrency sector. Known for its robust blockchain capabilities and decentralized finance (DeFi) offerings, Avalanche gained prominence in 2020, quickly achieving significant investment backing and establishing itself as a premier platform within the crypto space. Yet, investors face growing anxiety about $AVAX’s future trajectory amidst fluctuating market conditions. How is Avalanche Currently Performing in the Market? Current market statistics show $AVAX trading at $9.41, supported by a market capitalization of $4.06…

If you thought border issues were so last century, think again. Kuwait is living a real-life spy thriller this week, summoning Iran’s ambassador for what they call an unexpected visit by some Revolutionary Guard-linked individuals to Boubyan Island. The Kuwaiti Foreign Ministry didn’t exactly roll out the red carpet for Iran’s ambassador, Mohammad Totonji. Instead, they handed over a formal protest, condemning the alleged infiltration. It’s a diplomatic way of saying, “we’re not amused.” Boubyan Island, Kuwait claims, is its sovereign territory, and IRGC-linked individuals allegedly got a little too close for comfort earlier in May 2026. What went down…

FixedFloat has tightened its compliance rules for transactions linked to Huobi or $HTX after the United Kingdom placed Huobi Global S.A. under Russia-related sanctions. The instant crypto exchange said it will suspend incoming funds that originate from Huobi and require extra verification. It also advised users to check whether their funds or sending addresses connect to sanctioned entities before starting an exchange. FixedFloat adds checks for Huobi-linked funds “Funds originating from Huobi will be suspended by our service and will be subject to additional verification,” FixedFloat said. The company did not state how long reviews may take or how far…

Bitcoin company Nakamoto saw a 500% quarter over quarter increase in Q1 revenue after completing two key strategic acquisitions aimed at expanding its footprint across the Bitcoin ecosystem in February. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions of Bitcoin-focused news outlet $BTC Inc. and Bitcoin-focused investment platform UTXO Management. More than $1.1 million of Nakamoto’s revenue came from its new Bitcoin treasury and derivatives strategy, $800,000 from its media business, $500,000 from healthcare operations and $200,000 from asset management services.…

The International Monetary Fund cut its global growth forecast for 2026 to 3.1% in its April update. The new figure is 0.2 percentage points lower than its January estimate and reflects weaker momentum in the world economy. The IMF said the downgrade is tied largely to disruption from the ongoing Middle East conflict. It added that without the war, the outlook would have improved instead, with growth revised up by 0.1 percentage point to 3.4%. The IMF also raised its headline inflation forecast for 2026. It now expects global inflation to reach 4.4% this year before easing to 3.7% in…

$LDO has surged more than 20% in the last 24 hours. This price increase follows news that an ApeCoin ($APE) insider opened a long position on the token. Lookonchain, a blockchain analytics firm, first reported this development. The move has captured significant attention in the cryptocurrency market. Investors now watch the token closely for further price action. $LDO Price Surge: The Insider Trade That Sparked the Rally Lookonchain detected the insider trade on the Ethereum blockchain. An address linked to an ApeCoin insider purchased a substantial amount of $LDO tokens. This purchase triggered a rapid price increase. The token climbed…

Bybit, the world’s second-largest crypto exchange by trading volume, has joined the tokenization race to capture the highly-anticipated public listing of SpaceX later this week with its new Bybit IPO Express service. The Dubai-based exchange is the second crypto exchange to offer tokenized initial public offerings (IPO) following Kraken. Its parent company Payward said it would soon allow its Kraken customers and xStocks alliance members to participate in U.S.-listed IPOs through tokenized shares. Binance, Bitget and Gate previously offered pre-IPO markets in the form of derivatives. That means investors are not actually buying the actual shares.price. Instead, they are betting…

Bitcoin has climbed roughly 30% over the past two months, from a February low near $62,000 to around $80,621 by May 12, helped by renewed interest in assets seen as resistant to currency debasement. Bitcoin price chart | Source: Tradingview The rally has revived an old debate. Can Bitcoin actually behave like gold during periods of fiscal stress, or is it still mainly a speculative trade? The contradiction is now sitting inside the Bitcoin treasury cohort itself. The largest publicly traded Bitcoin miner is selling into the rally rather than accumulating. What MARA’s earnings revealed MARA Holdings sold 20,880 Bitcoin…

Nasdaq drops 1% and the S&P 500 0.6%, but Bitcoin near $75k and Ethereum around $2.3k show crypto holding up better than U.S. tech — at least intraday. U.S. equities opened the week on the back foot, with Gate’s TradFi desk reporting that the Nasdaq fell roughly 1%, the S&P 500 dropped nearly 0.6% and the Dow Jones Industrial Average slid about 0.27%, adding another red session to a bruising April for risk assets. The move comes on top of a first‑quarter backdrop in which the Nasdaq was already down 7.1% year‑to‑date, the S&P 500 off 4.6% and the Dow…