Author: NBTC

In the crypto market, bold predictions aren’t just talk – they’re backed by real dollars, often through option plays that resemble lottery tickets offering outsized upside for relatively small costs. The stand-out as of writing is the Deribit-listed $300,000 strike bitcoin call option expiring on June 26. Theoretically, this call is a bet that BTC’s spot price will triple to over $300,000 by the end of the first half of the year. Over 5,000 contracts were active in the June $300K call at press time, with a notional open interest of $484 million. That makes it the second-most popular option…

It’s early days for the global dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for a share of the yield earned on reserve assets, according to crypto exchange Kraken, one of the founding partners. USDG, whose other backers include trading platform Robinhood (HOOD), stablecoin issuer Paxos, crypto investor Galaxy Digital and crypto bank Anchorage Digital, recently welcomed 19 new joiners, many of them crypto native firms. Banks and large traditional finance firms are also lining up, Kraken’s consumer business lead Mark Greenberg said. “There are…

The US has completely lost its highest credit rating, AAA, following the downgrade decision by Moody’s, the last of the leading credit rating agencies. Moody’s announced that the US credit rating was downgraded to Aa1 due to rising budget deficits and rising interest costs. The organization noted that the US government’s widening budget deficits are rapidly increasing the need for borrowing, which is putting upward pressure on interest rates in the long run. It also noted that current budget plans being discussed in Congress are not sufficient to reduce the persistent imbalance between spending and revenues. The move follows similar…

Cryptocurrency analysis platform Santiment shared the most talked about cryptocurrencies on social media and leading the markets in its latest assessment. According to the platform’s data, six cryptocurrencies stand out as attracting investor interest. To the left (LEFT) Solana has a strong presence on social media, from price predictions to market value analysis. Blockchain technology is receiving a lot of attention in technical analysis, transaction volume, and institutional adoption. SOL, which is on the agenda with the interest of financial institutions such as Switzerland-based Sygnum Bank, is also increasing its community support with airdrops and promotional campaigns. Nexpace (NXPC) Newly…

Argentine President Javier Milei and his sister Karina failed to attend a scheduled session related to the LIBRA meme coin scandal. Interestingly, no legal representatives appeared on their behalf. The virtual hearing was a preliminary step before potential civil litigation surrounding the multi-million dollar crypto scheme. According to a report by the Argentinian newspaper Página/12, the digital conference, arranged with an official mediator, saw attendance from just one attorney who represented defendant Manuel Terrones Godoy. Godoy reportedly had prior involvement with similar financial irregularities. You might also like: Coinbase breach strikes PayPal Mafia royalty, Sequoia Capital boss Federal judge escalates…

Bitcoin price recovery has stalled as focus shifts to the upcoming Federal Open Market Committee interest rate decision. Bitcoin (BTC) was trading between $95,000 and $96,000 at last check Sunday. That’s up by about 30% from its lowest level in April this year. The price movement coincided with President Donald Trumo’s claims that trade talks between the US and other countries, including China, were taking place. In a statement, China’s Commerce Ministry indicated that it was open to talks with the Trump administration, but that tariffs prevented them. Per the Wall Street Journal, China is also planning to make “a…

Tokenized asset platform Centrifuge said it’s expanding services on the Solana blockchain, starting with the $400 million tokenized U.S. Treasury fund managed by Anemoy (JTRSY). The expansion builds on Centrifuge’s token standard — dubbed “deRWA tokens” — that allows token holders to freely transfer and use tokenized instruments across decentralized finance (DeFi) protocols. In this case, the deJTRSY token can be swapped, lent, or used as collateral in, enables Solana users to earn yield from short-term Treasuries natively in Solana DeFi platforms, first on decentralized exchange Raydium, lending platform Kamino, and yield aggregator Lulo. The rollout underlines Solana’s growing momentum…

BeraTone officially launched its NFT avatar mint on OpenSea, offering 6,500 fully rigged 3D characters for in-game and VTuber use. Private playtest access and concrete utilities make BeraToners more than just a collectible. The BeraToners NFT collection from the BeraTone game has officially started minting on OpenSea since May 22. For those who don’t know, BeraTone is a multiplayer farming and crafting game reminiscent of Animal Crossing, but with a blockchain twist. The main character? A cute 3D bear named “Beras” who is fully usable in-game, or even for streaming and virtual meetings. BeraToners — it’s finally time to set…

The SEC is warning against FOMO as crypto mania intensifies, even as institutional adoption skyrockets and U.S. policy shifts cement digital assets as a financial cornerstone. SEC Cautions Against FOMO as Crypto Sees Relentless Institutional Inflows The U.S. Securities and Exchange Commission (SEC) reminded investors this week to steer clear of emotional decision-making driven by market hype. In a post shared May 13 on social media platform X, the SEC cautioned about fear of missing out (FOMO), writing: Don’t fall for FOMO! Avoid the fear of missing out by sticking with a long-term saving and investing plan. It may be…

Whale gains $4M+ from BTC and SOL shorts via high-leverage trading on DeFi protocols. SOL short exit in progress after $1.77M profit and $121K in funding earned. ETH short lags with $141K loss despite funding gains, showing mixed strategy results. A high-stakes crypto trader has recorded millions in profits from strong short positions across Solana (SOL), Bitcoin (BTC), and Ethereum (ETH). On-chain activity reveals fast-paced trading behavior on decentralized protocols. The wallet, labeled 0x5b5d5120…F298C060, maintains a leveraged trading strategy totaling $57.66 million in notional value, exclusively allocated to perpetual contracts on the Hyperliquid and HIP-2 protocols. No funds are currently…