Author: NBTC

Crypto trading platform Hyperliquid is beginning to compete with traditional exchanges and prediction market operators as it expands beyond perpetual futures trading, according to a new report from FalconX. Senior crypto market strategist David Lawant outlined how Hyperliquid’s recent moves into pre-IPO markets, prediction contracts and tokenized real-world assets are broadening the platform’s appeal beyond crypto-native traders. “Hyperliquid is seeing traction as demand for its HIP-3 markets expands to include pre-IPO markets,” the report said. Hyperliquid first gained traction through crypto perpetual futures, a type of derivatives contract that dominates offshore digital asset trading. The platform’s native token, $HYPE, has…

SodaBot, a smart operating system (OS) and multi-agent Artificial Intelligence (AI) framework built for Decentralized Finance (DeFi) trading, has announced its strategic partnership with PlaysOut, a DeFi platform that connects Web2 apps and Web3 blockchains. The basic purpose of this collaboration is to combine AI-powered on-chain execution with gamified user experiences. The integration of SodaBot and PlaysOut will create a more interactive user experience in Web3 apps, combine gamification with AI automation, and improve user retention through reward loops and engaging experiences. PlaysOut is already known for providing advanced services in revolutionizing Web3 gaming experiences. SodaBot has shared this news…

Bitcoin is currently retesting the support trendline of a multi-year wedge and losing it could lead to its largest weekly candle loss in years. MichaelXBT, a well-known crypto market commentator, was first to call attention to this structure. His commentary comes as Bitcoin ($BTC) collapses below the $74,000 price mark for the first time in over a month amid the latest market-wide pullback. Key Points The latest market-wide pullback has dragged Bitcoin below the $74,000 mark for the first time since April. Amid the downturn, Bitcoin is now retesting the support trendline of an ascending wedge on the 1-month chart.…

The Ethereum Foundation, the nonprofit organization that has long served as the closest thing Ethereum has to a central steward, has been facing renewed questions about its future after a wave of high-profile departures and mounting criticism from across the crypto industry. In recent weeks, critics have accused the foundation of becoming insular, slow-moving and disconnected from the increasingly competitive realities of the blockchain industry, reigniting a years-long debate over whether the EF still serves a meaningful role inside Ethereum’s sprawling ecosystem, or whether the network has begun to outgrow the institution that helped create it. “The EF is completely…

Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he’ll do what US President Donald Trump hopes he does: Lower interest rates once in office. On Wednesday, the US Senate voted largely along party lines to confirm Warsh as the next Fed chair, succeeding Jerome Powell. While Trump nominated both Fed governors in different terms, the president repeatedly threatened to fire Powell in recent months, saying that the Fed chair “should be lowering interest rates.” Source: Kalshi With Warsh expected to assume his…

A wallet address linked to prominent venture capital firm Andreessen Horowitz (a16z) has made another significant purchase of $HYPE tokens, acquiring 372,000 tokens worth approximately $16.91 million over the past three hours, according to blockchain analytics firm Lookonchain. Accumulation Timeline and Scale This latest transaction brings the address’s total $HYPE holdings to 2.11 million tokens, representing an aggregate investment of roughly $90.87 million since it began accumulating on April 14. The pattern of consistent, large-volume purchases suggests a deliberate, long-term accumulation strategy rather than short-term market speculation. Context and Implications for the Market Andreessen Horowitz, a leading Silicon Valley venture…

Fenwick & West, a prominent Silicon Valley law firm, has entered into a $54 million preliminary settlement agreement to address customer lawsuits related to the defunct crypto exchange, FTX. Filed in court on Friday in Miami, Florida, the settlement has yet to receive judicial sanction. Settlement will address claims that FTX clients raised against the Fenwick & West law firm. In particular, plaintiffs have alleged the law firm played a vital role in facilitating FTX’s operations before it failed. Fenwick & West. bend the knee to defrauded clients According to reports, Fenwick & West will settle for $54 million while…

Perpetual contracts on Aster work by letting traders open leveraged long or short positions directly on-chain, with no expiry date, using either crypto or yield-bearing assets as collateral. Smart contracts handle all margin rules, profit and loss calculations, and liquidations automatically, removing any need for a centralized custodian. What Is Aster DEX? Aster is a decentralized perpetual exchange backed by YZi Labs, formerly known as Binance Labs, and was formed through the merger of Astherus and APX Finance in late 2024. Astherus contributed yield-generating products and liquid staking technology; APX Finance brought the perpetual trading infrastructure. The platform held its…

Pi Network’s PI token is consolidating near $0.14 after an April rally, with thin liquidity and IOU listings keeping volatility elevated as traders eye key support and resistance levels. Pi Network’s PI is changing hands at about $0.144 with a 24 hour low of roughly $0.142 and a high near $0.146 on Bybit’s IOU market as of May 29, 2026, underscoring how the token has slipped into a narrow intraday band after its spring bounce. That range translates into intraday volatility of roughly 3 percent peak to trough, with Bybit data showing the 24 hour high at approximately $0.1461 and…

Bitcoin fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S. and Iran rattled global markets, pushing oil higher and dimming hopes for a permanent ceasefire. The selloff followed U.S. strikes in southern Iran. Iran’s Revolutionary Guards said they retaliated by targeting the American base used to launch the attacks, warning future responses would be “more decisive,” the New York Times reported. Kuwait, which hosts five U.S. bases, said it intercepted hostile drones and missiles. The escalation dimmed expectations that Washington and Tehran are close to an agreement that could stabilize the…