Author: NBTC

A widely followed analyst says that Ethereum (ETH) may be gearing up for an explosive move to the upside. In a new thread, crypto trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that ETH may first dip to the $2,233 support level on the daily chart before increasing more than 56% of its current value. “ETH has hit a higher timeframe resistance zone and that requires to have a build-up before it can break upwards. Sub $2,400 is a massive opportunity to get yourself [in] before this runs above $4,000.” Source: Michaël van…

After a suddenly rocky road for the U.S. legislative effort to regulate stablecoin issuers, the Senate is poised to move forward again with newly polished language in the bill that may see some procedural movement as soon as Thursday. The Senate’s stablecoin push veered off course a week ago when Democrats objected, primarily to President Donald Trump’s personal crypto business interests, but the lawmakers continued negotiations and are said to be close to an agreement on updated text to the “Guiding and Establishing National Innovation for U.S. Stablecoins” (GENIUS) Act, according to people familiar with the talks. The bill would…

This is a segment from The Drop newsletter. To read full editions, subscribe. Blockchain gaming has gone through various cycles of sentiment. These cycles include 2017, with CryptoKitties, and 2018, with games like Axie Infinity, Gods Unchained and Splinterlands. While some might think crypto gaming is in decline these days, venture capital firm Bitkraft Ventures doesn’t see it that way. “Not only is it not dead, but its future is as bright as almost any category,” Matt Halstead, a new partner at Bitkraft, told me in an interview. The firm counts AMGI, Immutable, HyperPlay and Yield Guild Games among their…

Coinbase CEO Brian Armstrong has publicly addressed a recent cyberattack that targeted the company’s customer data through insider collusion and led to a $20 million in Bitcoin ransom demand. In a video statement shared on X, Armstrong confirmed that Coinbase had received a threatening email from cybercriminals claiming to possess sensitive customer information and demanding payment in Bitcoin to keep it private. https://t.co/evpIBMFvRW pic.twitter.com/f6UPdkL5R0 — Brian Armstrong (@brian_armstrong) May 15, 2025 Armstrong rejected the demand outright and stated that the exchange would not comply. Instead, the company is offering a $20 million reward for information that results in the identification,…

KindlyMD, Inc. (NASDAQ: KDLY), a Utah-based healthcare services provider, has entered into a merger agreement with Nakamoto Holdings Inc., a Bitcoin-native holding company. The transaction, announced on May 12, 2025, includes $710 million in financing through a combination of private placement and convertible notes. BREAKING: David Bailey and holding company Nakamoto raises $710 million and announces merger with KindlyMD to establish #Bitcoin Treasury. pic.twitter.com/eCuJfemaQh — Bitcoin Magazine (@BitcoinMagazine) May 12, 2025 The merger will create a publicly traded company focused on establishing a Bitcoin treasury strategy, with $510 million raised through private placement in public equity (PIPE) at $1.12 per…

Berachain expands BTC-based liquidity and stablecoin depth through new Reward Vault Requests approved by the BGT Foundation. Users gain access to staking incentives and DeFi yield strategies without selling BTC, encouraging deeper engagement in Berachain’s ecosystem. Berachain has once again caught the attention of the DeFi community with the announcement of the latest batch of Reward Vault Requests (RFRVs) approved by the BGT Foundation on behalf of the Guardians. It’s not just about the list of new vaults approved, but also how this move paves the way for more productive BTC liquidity, deepening stablecoin pairs, and expanding user participation in…

Kraken integrates the omnichain stablecoin USD₮₀, launched by Flare Network. This development provides a direct on/off ramp for users, which increases liquidity of stablecoins and access to those in the Flare ecosystem. A stable coin USD₮₀, backed 1:1 with USDT relying on LayerZero’s Omnichain Fungible Token (OFT) standard. Kraken customers are now able to withdraw USDT off the exchange and receive USD₮₀ to Flare wallets without requiring the use of bridges or third-party marketplaces. This simplifies stablecoin transfers and improves user experience. Some of this is aligned with Flare’s goal of reducing technical friction in a Decentralized Finance (DeFi) environment.…

Kevin O’Leary, chairman of O’Leary Ventures, said the crypto industry isn’t regulated enough — which is holding digital assets back from true institutional adoption. Speaking at Consensus 2025 in Toronto on Thursday, O’Leary said crypto assets under management (AUM) have hit a wall, which he attributed to a lack of regulatory clarity that has prevented the majority of sovereign wealth funds, pension funds and institutional investors from investing meaningfully. “I never thought I’d say this, but I want more regulation and I want it now,” O’Leary said. “The good news is there’s a new sheriff in town: Paul Atkins at…

CoW Swap, a decentralized exchange aggregator, is set to introduce a feature it says will boost the number of transactions it can handle and offer more rewards to those who facilitate trades. The feature, called Combinatorial Auctions, will let solvers, those who route trades for the aggregator, work together for the first time to offer traders the best swaps. Aggregators are one-stop shops that search multiple DEXs to find the one that offers the most cost-efficient trades. CoW Swap’s existing system is “rigid because only a single solver can win each auction,” Andrea Canidio, a senior research economist at CoW…

While the US-China trade agreement triggered the rise in Bitcoin, the biggest question is “will the rise continue?” While Bitcoin’s recent V-shaped recovery above $104,000 increased bullish expectations, an updated assessment came from analyst PlanB, known for his S2F model. PlanB noted that the given cycle does not signal an end, but rather a bullish signal. Based on historical patterns, the analyst expects Bitcoin to surpass its previous ATH near $110,000 very soon and set a new record. At this point, the analyst is likely predicting that several new highs will follow in quick succession. Stating that the Bitcoin RSI…