Author: NBTC

Shares of crypto exchange Coinbase (COIN) climbed to their highest level since its April 2021 Nasdaq debut on Thursday, bringing the stock nearly full circle after plunging more than 90% during the depths of 2022’s crypto winter. COIN hit $382 Thursday before paring some of the gains and closed higher by 5.5%. The stock’s more than doubled since plunging alongside April’s tariff-induced market panic. Coinbase’s 2021 listing marked a watershed moment for the digital asset industry, but also signaled a peak in crypto. The stock rose as high as $382 before sliding over 90% amid the prolonged 2022 bear market.…

Shiba Inu (SHIB) has witnessed a significant 82% decline in burn rate less than 24 hours after the deflationary mechanism soared astronomically by over 10,000%. According to data from Shibburn, a platform that tracks burn activities, the volume of SHIB sent to dead wallets dropped significantly. Price holds firm despite dip in burn rate In the last 24 hours, only 1,556,906 SHIB tokens were incinerated by the community. This volume has been removed from circulation as part of a continued effort to stabilize the price and increase the meme coin’s value. HOURLY SHIB UPDATE$SHIB Price: $0.00001181 (1hr -0.33% ▼ |…

Democrats led by Rep Maxine Waters and Rep Stephen Lynch are set to start “Anti-Crypto Corruption Week” to block the GENIUS Act, CLARITY Act, and Anti-CBDC bill. Their concern is that the bills will pave the way for what they call Trump’s crypto corruption. Maxine Waters, the top Democrat on the House Financial Services Committee and ranking member of the subcommittee on digital assets, and Stephen Lynch have announced that the rally will begin next week. 🚨NEW: To counter the GOP’s “Crypto Week,” Reps. @RepMaxineWaters & @RepStephenLynch are launching “Anti-Crypto Corruption Week,” rallying Dems to block the GENIUS Act, CLARITY…

Ripple’s commitment to pushing the boundaries of blockchain innovation in academia just hit a new milestone, which has Ripple CEO Brad Garlinghouse excited. Ripple’s University Blockchain Research Initiative (UBRI) promotes research and innovation across fields, including finance, law, engineering and the arts. At the University of Kansas (KU), UBRI funding by Ripple has spawned an interdisciplinary collaboration that merges blockchain, community storytelling and contemporary art. In collaboration with the Spencer Museum of Art, the project explores how blockchain can empower communities to reclaim ownership over space, memory and digital expression. In an X post, Ripple CEO Brad Garlinghouse reacted to…

On May 24, 2025, bitcoin ( BTC) is coasting along at $109,273, reflecting a substantial valuation amid an active trading session. With a market capitalization of $2.17 trillion and a 24-hour trading volume of $46.66 billion, the price oscillated between an intraday low of $107,156 and a peak of $109,840. Bitcoin On the daily chart, bitcoin (BTC) is in a bullish trend, despite a recent retracement from a local high of $112,000. The support zone near $98,000–$100,000 remains critical, backed by historical demand earlier in the month. Resistance is clearly defined at $112,000, a level where significant selling pressure emerged.…

The cryptocurrency world is buzzing once again, and this time, the spotlight is on a significant move by institutional player Abraxas Capital. In a development that has captured the attention of market analysts and investors alike, the London-based investment manager recently executed a massive Ethereum withdrawal, pulling 29,741 ETH—valued at an astounding $81 million—from major crypto exchanges like Binance and Kraken. This isn’t just another transaction; it’s a powerful signal in the volatile digital asset landscape, often interpreted as a strong indication of an intention for long-term holding. What does this bold move by Abraxas Capital truly signify for the…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. While stablecoins (USDT, USDC) dominated U.S. headlines last month amid the GENIUS Act and Circle’s (CRCL) blockbuster IPO, Asia’s quieter yet strategic adoption is reshaping the region’s cross-border finance. Asian banks increasingly see stablecoins like USDT and USDC as defensive tools against deposit flight and lost transaction revenue. Behind the scenes, stablecoins are already playing an…

According to WhaleAlert, one of the largest XRP transactions in recent days just hit the ledger without a trace of who could be behind it. Late Sunday, 50 million XRP — valued at over $113 million — moved from one untagged, unverified wallet to another with no link to any known exchange or institution. There was no announcement, warning or visible market preparation — just a cold, clean move that instantly raised red flags. Examining the sending wallet reveals more interesting details. It was not just some random trader with deep pockets; Ripple itself originally activated the address back in…

The Cyprus Securities and Exchange Commission has announced that about 10 firms dealing in crypto and foreign exchange have been blacklisted by the country. According to reports, the agency is intensifying its efforts against unauthorized brokers. In its statement, the agency said the blacklisted platforms were found guilty of offering illegal trading services in FX and digital assets without the necessary permission and authorization. In this round of blacklisting, the Cyprus SEC has also issued a new round of warnings against other unlicensed providers carrying out services in this sector of the industry. Cyprus SEC clamps down on unauthorized platforms…

Broken Bound, a prominent cross-chain financial entity based on Bitcoin and EVM ecosystems, has commenced a new partnership with Conflux Network, a well-known regulatory-compliant L1 blockchain. The collaboration focuses on redefining the Web3 gaming sector across Asia with regulation-friendly, scalable, and seamless gaming experiences. The platform provided the details of this development on its official social media account on X. 🚨 New Partnership Alert 🚨Broken Bound is officially partnering with @Conflux_Network — the leading regulatory-compliant Layer 1 blockchain in China 🌐Together, we’re powering the next wave of Web3 gaming:⚡️ Fast, scalable, low-fee gameplay🇨🇳 Seamless entry into the Asian… pic.twitter.com/2tvG01rxRC —…