Author: NBTC

With Bitcoin (BTC) holding just under its all-time high Monday morning, altcoins have posted gains in recent days—albeit with most tokens still a fair distance from their peaks. Avalanche (AVAX) is one of the biggest altcoin winners on the day, climbing 5.8% to $23.67 over the past 24 hours in the wake of last week’s London Avalanche Summit. During the event, it was announced that the soccer governing body FIFA will migrate its FIFA Collect NFT platform to its own dedicated Avalanche layer-1 blockchain. However, AVAX remains down 83.7% from its all-time high reached in 2021. World (WLD), previously Worldcoin,…

One of the most closely watched crypto wallets in recent weeks is now betting on pepe (PEPE), days after drumming up a record billion-dollar notional position on bitcoin BTC$109,972.56 on the onchain trading platform Hyperliquid. The wallet has gone long on PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets. The position is already up $500,000 as of European morning hours, with pepe up nearly 6% in the past few hours. Pseudonymous trader “James Wynn” — known as “moonpig” on decentralized exchange Hyperliquid — closed their $1.2 billion BTC long position with a…

Cake Wallet, a non-custodial open-source wallet for cryptocurrencies, has officially launched PayJoin v2, becoming the first major mobile wallet to offer Bitcoin silent payments to everyday users. This integration introduces a protocol upgrade that disrupts blockchain surveillance by mixing transaction inputs from both the sender and receiver, undermining the common blockchain surveillance techniques chain analysts typically rely on. JUST LAUNCHED: Cake Wallet v4.28.0 brings Bitcoin Payjoin v2!• No need for both parties to be online• No server required• Just a few taps in your walletIt’s that simple Update Cake Wallet to try it out! pic.twitter.com/IjOccnBYy7 — Cake Wallet (@cakewallet) May…

Crypto trading firm Caladan has announced plans to open a representative office in New York City, becoming the latest institutional player to expand into the U.S. as the Trump administration unwinds years of strict enforcement and signals a regulatory reset for the industry. The Singapore-based firm will allocate at least 5% of its global headcount to the new U.S. office as it attempts to nab itself a broker-dealer registration and potential FINRA membership. To lead the effort at its U.S. office, Caladan has hired a three-member team led by Gian-Paul Caccia, with experience across both crypto-native and traditional financial institutions,…

Whales were observed to be extraordinarily active in the cryptocurrency market today. Large volume transactions were particularly notable in assets such as Ethereum (ETH), SYRUP and HYPE. An Ethereum whale that has been dormant for nearly 8 years transferred 1,764 ETH to the Kraken exchange today. The transfer is estimated to have made the whale a profit of $3.93 million. However, another whale or institution that participated in the Ethereum ICO in 2015 and received 50,000 ETH sent its last 10,195 ETH (approximately $25.6 million) to Kraken. It was calculated that this address sold the ETH it received for only…

One of the most severe dips in cryptocurrency history occurred in November 2022, when Bitcoin (BTC) plummeted to as low as ~$15,800 — a 72% decline from the all-time high at that time. The coin had been struggling with rising interest rates leading up to the crash, and FTX, one of the largest crypto exchanges, had just filed for bankruptcy, leading investor sentiment to hit rock bottom. “The Crypto Party is Over,” wrote The Wall Street Journal. Fast forward to May 2025, however, and BTC is trading at almost $110,000 despite global economic uncertainty. Indeed, U.S. Treasury yields have jumped,…

Acurast has raised $5.4 million to improve its network of smartphones powering decentralized cloud computing. The race for decentralized cloud computing is heating up. On May 26, in a press release shared with crypto.news, Acurast announced that it had raised $5.4 million to power its decentralized cloud solution. The sale was finalized on May 22, with the token priced at $0.09, giving the company a fully diluted valuation of $90 million. In an effort to promote fair distribution, the sale was was open to the public, with a minimum purchase amount of $100 and a maximum allocation of $2 million…

Cardano founder Charles Hoskinson has confirmed that discussions are ongoing between his team and the developers of Ripple USD (RLUSD), as integration efforts into the Cardano ecosystem continue. Speaking during a recent livestream, Hoskinson addressed questions about whether RLUSD would go live on Cardano by year-end. He clarified that early talks had taken place in the previous year. Since then, engagement has progressed, although key strategic decisions hinge on potential corporate developments surrounding Circle. Circle Acquisition Could Alter RLUSD’s Strategy According to Hoskinson, a major factor influencing RLUSD’s roadmap is the speculation surrounding Circle’s future. He noted that there are…

Cryptocurrency analytics firm Alphractal has published a new analysis on the Stablecoin Ratio Channel, a key indicator that tracks liquidity movements in the market. The company noted that in the short term, risk signals for Bitcoin (BTC) are beginning to emerge, but there is still uncertainty in the long-term outlook. According to Alphractal, the Stablecoin Ratio Channel (Short-Term) indicator is currently indicating increasing selling pressure for Bitcoin. This coincides with strong resistance levels in the $113,000-$114,000 range, which was highlighted in previous analysis. The company notes that these levels could trigger a rotation from BTC to stablecoins. In contrast, the…

YZi Labs, the investment arm of cryptocurrency exchange Binance, shared the cryptocurrency project it has recently invested in. Accordingly, YZi Labs announced that it invested in Bitcoin-supported blockchain capital markets platform Avalon Labs. YZi Labs says it supports projects that have the potential to transform industries and create lasting impact, such as Avalon Labs, which has unleashed Bitcoin’s enormous potential for real-world usability. “At YZi Labs, we support projects with strong fundamentals that can revolutionize industries and create long-term impact. Avalon exemplifies this by building a fully integrated financial ecosystem using the security and liquidity of Bitcoin. It bridges the…