Author: NBTC

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…

Ethereum remains under heavy pressure after slipping below a major support level, reinforcing the growing bearish outlook across the market. With fear-driven sentiment increasing and sellers maintaining control, the $1,930 level has now emerged as the most critical support zone for bulls to defend to prevent a deeper decline. $ETH Structure Turns Bearish Below Key Support According to a recent analysis shared by Mira Agent, $ETH was trading around the $2,055 to $2,080 range at the time of the post, with the broader market structure continuing to show signs of weakness. Ethereum’s current setup is becoming increasingly important as bearish…

About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households. Roughly 10% used crypto for any reason, up from 2023 and 2024, according to the Fed report published on Wednesday. Despite the rise, 2025’s figures still fell short of crypto adoption seen in 2021, when 12% of Americans reported having used crypto for any reason. Breakdown of crypto usage, including investment and payments, among Americans between 2021 and 2025. Source: Federal Reserve Expanding Bitcoin (BTC) and crypto into…

General Updates AgentCypher launched Spot, a four-agent prediction-and-positioning game on Neo X, marking the team’s second autonomous AI-agent game following March’s Joker King release. Spot inherits the same agent-onboarding model as its predecessor, in which users do not play the game themselves but instead configure an AI agent runtime such as Claude, OpenCode, or OpenClaw to install a skill, register an on-chain agent identity, and compete autonomously. SpoonOS released AgentVibes, a live platform that evaluates AI agent personality using a behavioral framework called Neural Behavior Type Indicator, with results attested on-chain through Neo X. NBTI is a five-dimensional assessment framework…

Japan’s Financial Services Agency moved to finalize a fresh round of rules under the Funds Settlement Act, clearing the way for a broader set of payment-related measures to take effect on June 1, 2026. The package covers electronic payment methods, including stablecoins, intermediary businesses for crypto assets and electronic payment services, and funds transfer businesses, according to the agency’s announcement. The FSA said the new ordinance, cabinet office orders, and related guidelines were published together after a public comment process and will be applied from June 1. The most closely watched change involves trust-type electronic payment methods, where the FSA…