Author: NBTC

$LDO has surged more than 20% in the last 24 hours. This price increase follows news that an ApeCoin ($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…

Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card. “Over the last few months, we’ve crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we scale,” said Western Union president and CEO Devin McGranahan during the company’s first-quarter earnings call on Friday. “At the foundation of our strategy is USDPT, our US dollar-backed stablecoin. USDPT is now in its final…

Sam Altman sat in a courtroom this week doing something most tech CEOs try to avoid: explaining, under oath, whether he basically stole a charity. The OpenAI chief executive testified in Elon Musk’s civil lawsuit against him and OpenAI, pushing back against accusations that he and OpenAI President Greg Brockman transformed what was supposed to be a nonprofit AI safety lab into a profit-driven enterprise. Altman’s core message was straightforward: OpenAI is still a large charity, and he’s an honest businessperson running it. What Musk is actually alleging Musk’s lawsuit paints a specific picture. He claims Altman and Brockman effectively…

Cryptocurrency exchange OKX has announced it will list $USDG for spot trading on June 10, adding a stablecoin that is gaining attention for its regulatory-focused design. The listing is scheduled to go live at 8:00 AM UTC on that date, according to an official statement from the exchange. What is $USDG? $USDG is a stablecoin issued by Paxos Digital, a regulated trust company under the oversight of the New York State Department of Financial Services (NYDFS). Unlike many other stablecoins, $USDG is designed with a focus on transparency and compliance. It is fully backed by U.S. dollar reserves held in…

BlackRock has continued to sell Bitcoin consistently this week as the leading cryptocurrency puts a hold on its recent price rally, causing its price to remain steady around the $80,000 mark. This appears to have triggered a broader drawdown in institutional interests as the broad ETF market focusing on Bitcoin, Ethereum and other Altcoins, have noted significant withdrawals on most trading sessions. BlackRock offloads large amount of Bitcoin Amid the rapid slowdown in institutional demand, the Bitcoin ETFs have just recorded a massive $635 million in outflow during their last trading session. This marks the largest single-day outflow seen this…

The Trump Iran deal under negotiation includes a proposal to unfreeze $20 billion in Iranian assets in exchange for Tehran surrendering its stockpile of highly enriched uranium, CNN reported, according to two US officials and two additional sources briefed on the talks, placing Trump on the verge of the very kind of financial concession to Iran he spent years denouncing Obama for making. The Trump Iran deal framework, as described by sources to CNN and Axios, involves a three-page plan with one central financial term: the United States would release $20 billion in frozen Iranian funds in return for Iran…

CoinMarketCap displays the data of the top weekly crypto gainers. Humanity Protocol ($H) climbs 37.54% to become the weekly top performer among altcoins in the crypto market. $H is trading at $0.1497 with a volume of $29314090. There are other projects, such as MemeCore ($M), Pudgy Penguins ($PENGU), Chiliz ($CHZ), Aerodrome Finance ($AERO), SKy ($SKY), Injective ($INJ), Cosmos ($ATOM), Algorand ($ALGO), and JUST ($JST), that show positive response towards growth. Simultaneously, MemeCore ($M) is at the runner-up position with a 24.61% price increase and is currently trading at $4.31. It holds a volume of $12637793. These figures indicate the right…