Author: NBTC

Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes. Even before its token launch, Movement Labs committed large portions of MOVE’s supply to a handful of early advisers — arrangements that were never disclosed to investors and only surfaced through internal documents reviewed by CoinDesk. Two business memos obtained by CoinDesk — one promising a single adviser nearly $2 million a year — show how Movement, founded in 2023 by two 20-year-old…

Binance (BNB), the world’s biggest cryptocurrency exchange by trading volume and user count, has launched a time-limited promo campaign on USD1, one of the largest stablecoins. All withdrawals of USD1 on BNB Smart Chain (BSC) will be fee-free. Binance (BNB) lifts fees on USD1 withdrawals According to the official statement by Binance (BNB) top crypto exchange, today, May 23, 2025, the unique stablecoin promo campaign kicks off. Fee-free withdrawals? Yes, please.Starting now, enjoy zero fees on USD1 withdrawals via BNB Smart Chain. https://t.co/hZM83Bx1JP — Binance (@binance) May 23, 2025 All of Binance’s (BNB) product users are now able to withdraw…

Strategy Executive Chairman Michael Saylor has called Berkshire Hathaway, the renowned investment firm helmed by the legendary Warren Buffett, the Bitcoin of the 20th century. Berkshire Hathaway is 20th Century Bitcoin. — Michael Saylor (@saylor) May 3, 2025 Saylor made the statement on May 3, the same day as Berkshire Hathaway’s annual shareholder meeting in Nebraska. Shortly afterwards, Buffett announced he planned to step down as CEO by year’s end, passing the torch to Vice Chairman Greg Abel. “I think the time has arrived where Greg should become the chief executive officer of the company at year-end,” Buffett said at…

While a new memecoin emerges every day in the cryptocurrency market, the memecoin named LAUNCHCOIN has been attracting attention recently. While LAUNCHCOIN’s rise of over 7,000% earned millions of dollars to its investors, Lookonchain also shared the story of a whale. According to Lookonchain’s post, a mysterious crypto investor turned his $8,191 LAUNCHOIN investment into more than $4 million in 22 days, making an incredible 500x return. Lookonchain said that this investor suddenly withdrew 68.8 SOL from Binance 22 days ago after four months of inactivity and spent 54 SOL (about $8,191) to purchase 14.62 million LAUNCHCOIN when its market…

On May 12, PumpFun, a popular Solana-based memecoin launchpad, rolled out a creator revenue sharing model that redistributes 50% of the trading fees from its decentralized exchange, PumpSwap, to token creators. This move aims to shift the dynamics of the memecoin ecosystem. But as the dust settles, the community’s mixed reactions and underlying concerns raise questions about the model’s long-term impact. How the Revenue Sharing Model Works The structure is straightforward. Creators earn 0.05% in SOL for every trade on their token, meaning $10 million in trading volume translates to $5,000 for the creator. This applies to newly created tokens,…

The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors extremely optimistic about the coin’s future trajectory. BTC Price Could Continue Upward Movement If Support Holds In a May 2 post on the X platform, crypto platform Burak Kesmeci has put forward an interesting outlook on the current Bitcoin setup, identifying a price level that…

A recent report shows how Ripple’s XRP holdings have evolved since the last quarter of 2024, including other details on the ecosystem’s performance. Notably, Ripple holds a substantial part of XRP’s 100 billion total supply. The cross-border payment giant, which is a major contributor to the XRP Ledger, received 80 billion XRP in an initial allocation in 2012 to support its business development. Meanwhile, while the stash has reduced over the years to its current valuation, it still holds over 40% of the XRP’s supply. Ripple’s recent quarterly disclosure has revealed its holdings compared to the last quarter of 2024.…

The world’s largest crypto exchange by trading volume is announcing upcoming support for an entertainment altcoin on its early-access platform. In a new announcement, Binance says it’s adding support for Sophon (SOPH), an interoperable layer-2 scaling solution made for the entertainment industry, on Binance Alpha, a feature of the Binance Wallet which launched in December 2024 that lets users discover emerging web3 projects before they gain mainstream popularity. “Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance Futures will launch SOPHUSDT Perpetual Contract with up to 50x…

Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase. Meanwhile, a prominent crypto analyst with the X handle IT Tech has shared some valuable insights on Bitcoin’s market structure, highlighting the key price levels that could decide the asset’s movement in the short term. Bitcoin Cools Off After Price Rally: Breather Or Bull Trap? According to IT Tech in an X post on May…

Russia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as ideal for institutional use. A new theory circulating among cryptocurrency and geopolitical analysts suggests that BRICS nations—Brazil, Russia, India, China, and South Africa—may be working behind the scenes to develop a gold-backed financial system using Ripple’s XRP Ledger. This comes as the bloc continues efforts to reduce dependency on the US-led SWIFT network and the dollar-dominated global economy. While unconfirmed by any government, the theory is gaining attention due to mounting evidence of BRICS cooperation on currency independence…