Author: NBTC

Bitcoin price started a fresh decline below the $76,800 zone. $BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $77,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the $BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,200 and $77,500 levels. Bitcoin Price Consolidates Losses Bitcoin price failed to stay above the $77,200 support zone. $BTC remained in a bearish…

Bitcoin is testing its 200-day moving average at $82,000, driven by recent massive cash inflows and increased interest from global financial giants. Prominent figures in the financial world, participating in “The Wolf of All Streets,” analyzed the moves of giants like BlackRock, Apollo, and MicroStrategy, offering crucial predictions about the market’s future. Dave Weisberger, former CEO of CoinRoutes, stated that the underlying reason for the market rally is “the construction of institutional infrastructure.” Weisberger, particularly highlighting the significance of Circle’s token presale being backed by giants like BlackRock and Apollo, argued that an era has begun where economic value can…

Cardano is now integrated into Scorechain’s compliance and investigation platform. The update adds support for $ADA and Cardano native tokens across risk scoring, entity attribution, and transaction monitoring. Scorechain said teams can now monitor, analyze, and investigate Cardano transactions in the same workflow used for other major blockchains. According to the announcement, the integration supports exchanges, custodians, financial platforms, and other teams working across several networks. Scorechain said the integration was built for Cardano’s UTXO transaction model. This model differs from account-based chains because value can move through several inputs and outputs in one transaction. The company said its analytics…

The White House has initiated a formal review of a regulatory proposal from the U.S. Commodity Futures Trading Commission (CFTC) that could reshape the legal framework for prediction markets in the United States. The Office of Information and Regulatory Affairs (OIRA) received the CFTC’s proposed rules concerning event contracts on May 27, according to reporting from The Block, marking a critical step in the federal rulemaking process. What the CFTC Proposal Entails The CFTC’s proposed rulemaking focuses on event contracts—financial instruments that allow traders to speculate on the outcome of future events, such as election results, economic indicators, or sports…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced an integration with Western Union that makes it the first major crypto exchange to join Western Union’s global USDPT network. Users can now access USDPT, a US dollar-denominated stablecoin issued by Anchorage Digital Bank, N.A., on the Solana blockchain, via Bybit’s fiat channels. USDPT is redeemable 1:1 for US dollars and fully backed by reserves. It is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union’s global compliance, risk, and distribution capabilities. The integration initially launches across selected markets in Latin America, where users can…

The Hong Kong Monetary Authority (HKMA) has officially launched a dedicated task force to accelerate the development of bond tokenization in the region. The initiative brings together a broad spectrum of industry participants, including financial institutions, legal advisory firms, industry associations, and providers of financial infrastructure and technology. Building on Prior Work in Digital Bond Markets The task force is not starting from scratch. It builds directly on the HKMA’s previous experimental and pilot projects in bond tokenization, which have already tested the issuance and settlement of digital bonds using distributed ledger technology. By formalizing a working group, the central…

Bitcoin has now declined for five consecutive trading days between May 15 and May 19, marking its second longest losing streak of the year and trying to put in its first daily green candle in six days. The latest pullback has seen bitcoin slide from above $80,000 to roughly $76,000 in light of broader market weakness. During the downturn, leveraged traders on Bitfinex continue to add exposure. Data from the TradingView shows bitcoin margin longs, positions opened using borrowed funds, have risen to 80,636 $BTC, up roughly 1.5% over the past several days and now sitting at their highest level…

Yuga Labs, the prominent $NFT development company behind the Bored Ape Yacht Club (BAYC) collection, announced it has preemptively recovered and secured a significant number of high-value non-fungible tokens after detecting a security vulnerability in the Flooring Protocol. The operation, led by Quit — Yuga Labs’ blockchain security division — successfully retrieved 29 BAYC tokens, along with four Mutant Ape Yacht Club (MAYC) NFTs, two CryptoPunks, one Azuki, and 26 Captainz. Preemptive action to prevent further attacks Yuga Labs CEO Michael Figge confirmed the recovery on X, stating that the company acted swiftly after identifying a risk of further exploits…

Canada is handing back $148 million to 30 US-based companies after repealing the digital services tax (DST) that briefly made it one of the most aggressive jurisdictions for taxing Big Tech. The Canada Revenue Agency processed the refunds, plus $4 million in interest, by the end of April 2026. The DST, a 3% levy on digital services revenue from large technology firms, collected $647 million in total before it was suspended on June 30, 2025. Of the $647 million collected, $358 million was applied to cover other tax liabilities the companies already owed. That left $289 million earmarked for refunds.…

Latest Coinglass data show Hyperliquid whale accounts holding a combined $4.016 billion in notional positions, with longs only marginally ahead of shorts on size but comfortably in the lead on PnL as one heavily leveraged $ETH long dominates the winner’s circle. Latest Coinglass whale-tracking data indicate that large traders on Hyperliquid currently hold a combined $4.016 billion in notional positions, almost perfectly balanced between the two sides of the book. Whales are near flat but shorts are underwater Long exposure stands at $2.024 billion, representing 50.39% of whale holdings, while short exposure totals $1.992 billion, or 49.61%, putting the long‑short…