Author: NBTC

Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. According to data from crypto.news, Bitcoin ($BTC) price traded near $77,200 during Friday’s session after briefly losing the rising support structure that had guided its recovery from April lows. Selling pressure accelerated after Bitcoin once again failed to reclaim the $82,000 resistance area, a level that coincides with a descending local trendline and the 200-day moving average near $80,825 on the daily chart. Over the past week, leveraged bullish positions have absorbed the bulk of the damage.…

Tether KRW stablecoin speculation is back in focus after the company filed seven trademark applications in South Korea, turning quiet legal paperwork into a closely watched market signal. The attention is centered on two names in particular: KRWT and WONTETHER. Both point toward the Korean won, and that has fueled fresh talk that Tether may be exploring a won-linked product, even though it has not confirmed any launch plans. That restraint matters. Trademark filings can hint at strategy, but they are not the same thing as a product rollout. Still, in crypto, early signs often move fast — especially when…

Flare CEO Hugo Philion outlined how Flare plans to expand $XRP’s institutional and retail utility through its upgraded FAssets system and upcoming confidential compute infrastructure. Specifically, Philion explained how the $XRP Ledger can function as the issuance and settlement layer, while Flare provides the programmable, privacy-focused compute environment required for institutional-grade DeFi applications. Key Points Hugo Philion stated that Flare upgraded its FAssets system from v1.2 to v1.3 to simplify FXRP minting. Philion described the $XRP Ledger as an issuance and settlement layer, while Flare acts as the programmable compute layer for DeFi applications. He highlighted Firelight and Morpho as…

GSX has settled over $350m on-chain while none of its committed $125m settlement liquidity has moved yet. Global Settlement Network co-founder Ryan Kirkley said the company has settled over $350m on-chain, even as none of its newly committed $125 million in settlement liquidity has moved.The disclosure, made in a recorded interview, draws a sharp line between the $125 million figure GSX announced on May 6 and the volume already running through its rails. “The answer right now is zero,” Kirkley said of the committed liquidity. “And that’s because we are forming our market maker entity as we speak.” GSX separates…

U.K.-based fintech giant Revolut has unveiled a Dogecoin-themed physical debit card, marking the latest push by a financial technology firm to blend crypto culture with mainstream payments. The card will roll out first in the United Kingdom and the EU, excluding Hungary, Switzerland and Portugal, according to a Monday announcement from the company. Revolut said the card can be used anywhere Visa (V) and Mastercard (MA) are accepted. On X, the company said users will not face additional exchange fees when making purchases. It added that crypto card payments are subject to the exchange rate at the point of transaction…

Bitcoin ($BTC) is causing a dilemma in the market with its recent movements. After rising above $82,000 last week, $BTC’s sharp drop to around $77,000 is pitting bull and bear supporters against each other. Some analysts argue that $BTC’s recent rise is the start of a bull run, while others claim it’s a recovery from a bear market. However, recent analysis reveals that Bitcoin has maintained an upward trend for 90 days and is exhibiting behavior different from past bear markets. Renowned analyst Matthew Hyland argued in his analysis that the recent Bitcoin surge resembled a bull market surge rather…

Binance CEO Richard Teng stated on social media platform X that the tokenization market is nearing a significant inflection point, a development that could reshape how traditional financial assets are traded and managed. Teng cited multiple converging factors that he believes are driving this shift, including clearer regulatory frameworks, expanding institutional participation, the growing adoption of real-world asset (RWA) tokenization, and the potential integration of tokenized assets into established financial infrastructure such as the Depository Trust & Clearing Corporation (DTCC) and Nasdaq. What Is Driving the Tokenization Shift? Tokenization refers to the process of converting rights to an asset into…

The Avalanche Foundation, the organization supporting the Layer 1 blockchain network Avalanche (AVAX), has announced the launch of a new grant initiative aimed at advancing academic research into the economics of decentralized networks. Dubbed the ‘Call For Research Program,’ the initiative will provide selected projects with funding of up to $50,000. Program Structure and Selection Process The foundation has established an independent selection committee to evaluate grant applications, a move designed to ensure impartiality and academic rigor in the review process. The committee will assess proposals based on their potential to contribute meaningful insights into the economic models underpinning decentralized…

India’s Standing Committee on Finance convened at Parliament House Annexe in New Delhi on May 20 to hear oral evidence from representatives of ZebPay, Binance, and WazirX on the subject of virtual digital assets and the way forward. The hearing marks one of the most formal engagements between India’s legislative apparatus and the global crypto industry to date, coming after years of regulatory ambiguity that drove significant trading volume to offshore platforms. The Tax That Drove Volume Offshore India introduced a 30% flat tax on crypto gains with no loss offsetting provision in 2022, alongside a 1% TDS on every…

XT Exchange, a well-known crypto trading entity, has announced an exclusive product, “XPredict.” XPredict is a prediction market platform that permits consumers to trade on exclusive real-world events, market trends, and crypto narratives. As XT Exchange disclosed in its official X announcement, the launch attempts to streamline prediction market access by eliminating the requirement for separate wallet settings, complex onboarding processes, or token bridging. Hence, with this, the consumers can take part in predictions with the use of $USDT while benefiting from crowd-led insights to detect likely opportunities in swiftly changing markets. XT Prediction Market: XPredict is now officially live…