Author: NBTC

Ondo Finance’s native token $ONDO has broken above $0.46 and is trading near $0.466 with a 24 hour gain above 15 percent, according to data from Gate. Spot market shows $ONDO ($ONDO) testing the $0.46 level and printing around $0.466 in the latest session, putting the token more than 15 percent higher over 24 hours. Ondousdt. Source: TradingView. Why is Ondo price spiking above $0.46 today The move stands out against recent ranges around $0.40, with Gate and other venues still showing a sub one dollar price profile while volumes deepen across centralized exchanges. NEAR: real AI revenue, 50M+ annual…

In brief TRM Labs’ Ari Redbord told a House subcommittee that the Bank Secrecy Act is “structurally incapable” of keeping pace with AI-enabled financial crime. The hearing came two days after Trump signed an executive order expanding BSA customer due diligence rules to flag accounts tied to undocumented immigrants. Witnesses were split between full repeal, targeted reform, and modernization with stronger information-sharing. Crypto executives, policy researchers, and national security experts testified before a House subcommittee on Thursday on how to modernize anti-money laundering laws for an era of AI and digital assets. The House Financial Services Committee’s National Security, Illicit…

Mario Nawfal’s viral interview casts Patrick Gruhn as one of the few FTX insiders who not only survived but materially profited from the wreckage. Patrick Gruhn, the former CEO of FTX Europe who sold his business to Sam Bankman Fried’s empire for around $400 million before buying it back for roughly $30 million after the collapse, is now pitching a “you never lose” AI trading platform called UpsideOnly that uses only company capital to place trades on user predictions. US court filings later described the deal as part of a roughly $376 million spending spree to secure a European license.…

The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates. The transaction follows recent approval from the UAE central bank for the dirham-backed stablecoin ecosystem launched by IHC, First Abu Dhabi Bank and Sirius International Holding. DDSC operates on ADI Chain, a layer-2 blockchain developed by ADI Foundation. According to the announcement, the system is designed for institutional use cases including cross-border payments, treasury operations and trade settlement. The IHC said…

Bitcoin traded above $82,000 during the previous business week, but it was violently rejected and dropped by over seven grand in the following days to a monthly low of $75,000 marked during the night. Here are some of the possible reasons behind this correction. Trump Media, Cuban Sell Off CryptoPotato reported yesterday that one of the wallets linked to the Trump-family-operated Trump Media Group had sent over $200 million worth of the cryptocurrency to exchanges, with the likely intention to sell. They did something similar four months ago and are deep in the red on their $BTC position, which was…

Ethereum [$ETH] was testing the $2,095–$2,138 Fibonacci golden zone at press time after a recent selling spree. Rising whale supply on exchanges suggests profit-taking, but a sharp drop in withdrawals points to shifting holder behavior. Price drifts into a technically critical zone $ETH’s recent pullback has brought its price into the $2,095–$2,138 range—a zone under market players’ radar in anticipation of potential reversals. The zone aligns with the Fibonacci golden range, which tends to attract buyers when the broader structure remains intact. The move into this range followed a normal curve and has not been abrupt. The price action reflects…

Japan’s ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called the “Next-Generation AI/On-chain Financial Concept,” the plan outlines a five-year roadmap to combine artificial intelligence with blockchain technology across Japan’s financial system. The proposal aims to reduce dependence on foreign payment networks and rapidly growing U.S. dollar stablecoins like USDT and USDC Japan Wants to Build an AI-Powered Financial System The proposal is heavily focused on “agentic commerce,” where AI systems independently make economic decisions and complete payments automatically. Under the plan, AI agents could eventually manage supply…

Crypto analytics platform CryptoQuant has noted a renewed increase in activity in the $XRP futures market. According to data shared by the company, the amount of open interest for $XRP on Binance has risen to approximately $488.3 million, reaching one of the highest levels in the last two months. According to CryptoQuant data, open interest in the $XRP futures market showed a steady increase throughout May. The indicator approached $500 million in mid-May, recording its highest level since March. Although there was a limited pullback afterwards, the amount of open interest remained high compared to previous periods. Related News Donald…

In South Africa crypto regulation news, the National Treasury and the South African Reserve Bank extended the public comment deadline for draft Capital Flow Management Regulations from May 18 to June 30, 2026, following sustained industry backlash over proposed penalties, search-and-seizure provisions, and the forced-disposal language in Regulation 8. The extension applies to the first major overhaul of South Africa’s exchange-control framework since 1961, a draft that formally pulls crypto assets into the same regulatory perimeter as foreign currency and gold. The extension directly affects crypto exchanges registered with the Financial Sector Conduct Authority, cross-border payment providers with ZAR-denominated exposure,…

In brief OKX is rolling out regulated perpetual futures tied to ICE’s Brent and WTI benchmarks for non-U.S. traders. The move intensifies competition with Hyperliquid, the leading decentralized platform for such derivatives. The rollout coincides with a DOJ and CFTC investigation into suspicious, pre-announcement oil bets. Traders located outside the U.S. are gaining access to crypto-native derivatives modeled on Intercontinental Exchange’s energy benchmarks, OKX said in an announcement on Friday, underscoring Wall Street’s efforts to counter Hyperliquid’s rapid rise. The international crypto exchange and New York Stock Exchange parent are targeting traders in the UAE, Europe, Australia, and Singapore, billing…