Author: NBTC

Asset manager Grayscale says that the small group of blockchains already dominating decentralized finance (DeFi) and tokenized assets, Ethereum, Solana, $BNB Chain, and Canton Network, are best positioned to absorb the first wave of institutional capital once the United States passes the CLARITY Act, its long-promised crypto rulebook. The CLARITY Act cleared the Senate Banking Committee on a 15-9 vote on May 14. Now it requires a full Senate floor vote, House reconciliation, and a presidential signature. However, the current calendar is posing as another constraint. In a May 21 post, Cryptopolitan reported that the bill will now be competing…

Bitcoin trades at $75,860 on May 23, sliding below $76,000 as the US House introduces a bill locking government $BTC for twenty years, ETFs post their sixth straight outflow day, and longs absorb over $350M in liquidations in a single 24-hour window. Bitcoin Daily Chart: Channel Broken, $73,500 Is the Last Floor Bitcoin Daily Price Action (Source: TradingView) $BTC broke the ascending channel from the April lows and has rolled over sharply since. Price sits at $75,860, below all four EMAs. The 200 EMA at $81,549 is the macro ceiling. MACD is in a bearish cross with the fast line…

Treehouse, a DeFi portfolio analytics platform, has introduced tHYPE, a liquid staking token designed for the Hyperliquid network. The launch marks the third addition to Treehouse’s tAsset suite, following tETH and tAVAX, and is engineered to generate returns through interest rate arbitrage strategies. Expanding the tAsset Ecosystem tHYPE operates as a liquid staking token, allowing users to stake their Hyperliquid assets while retaining liquidity for other DeFi activities. Unlike traditional staking, which locks tokens for a fixed period, tHYPE enables holders to trade, lend, or use their staked positions as collateral without sacrificing staking rewards. Treehouse’s existing tETH and tAVAX…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.09% today against the US Dollar Ethereum is currently trading 10.45% below our prediction on May 27, 2026 Ethereum dropped -13.54% in the last month and is down -21.90% since 1 year ago $ETH price is expected to rise by 11.31% in…

A whale trader who recently closed profitable long positions on $HYPE, $ZEC, and $ETH has opened a substantial short position against Bitcoin. According to on-chain data from Onchain Lens, the anonymous trader, identified by the handle Evaded (@ICanPlug), established a short worth $74.51 million, equivalent to approximately 990 BTC. The position is currently showing an unrealized profit of roughly $1 million. Background of the Trader’s Recent Moves Before initiating the Bitcoin short, Evaded closed out long positions in $HYPE, $ZEC, and $ETH. These trades netted the whale a realized profit of $4.56 million. The decision to pivot from long positions…

Since bouncing back from a $38 slip, Hyperliquid has been on an explosive uptick, reaching a new all-time high of $62. As of this writing, Hyperliquid traded at $57, up 23% on weekly charts, reflecting strong upward momentum. With the altcoin’s record-breaking rally, whale activity has surged on both the sell and buy sides. Hyperliquid whale moves $36 million in $HYPE With Hyperliquid [$HYPE] showing strong upside, some whales have jumped on the Spot market and cashed out. According to Lookonchain, Loracle.hl deposited 616,675 $HYPE, worth $36.76 million, into Hyperliquid and has already sold 563,3k $HYPE. So far, the wallet…

Celsius criminal cases officially closed on Thursday After the sentencing of Celsius’ former chief revenue officer Roni Cohen-Pavon to time served in the US District Court for the Southern District of New York last week, the legal proceedings in the case were officially concluded. As of Thursday, the SDNY docket showed the criminal cases against Cohen-Pavon and former Celsius CEO Alex Mashinsky were closed. The end of criminal cases involving the crypto lending company’s 2022 collapse was a milestone for many users who lost a combined $5 billion. Mashinsky pleaded guilty and was sentenced to 12 years in prison for…

Tanya Denisova, chief operating officer of Robinhood Crypto, is leaving the firm, according to two people with knowledge of the matter. Denisova had been employed by the popular trading platform for over five years, according to her LinkedIn profile. Neither Robinhood nor Denisova responded to requests for comments. The departure comes amid Robinhood missing its first-quarter earnings and revenue estimates, mainly due to weaker crypto trading activities. Crypto-related revenue, one of Robinhood’s biggest sources of transaction income, fell 47% year over year to $134 million, down from $252 million. The drop comes as the company works to reduce its reliance…

JPMorgan’s blockchain-based tokenization platform, Kinexys, has crossed a significant milestone, surpassing $1.5 trillion in cumulative transaction volume since its commercial launch in 2020. The platform now processes more than $2 billion in transactions on a daily basis, underscoring the growing institutional adoption of distributed ledger technology for mainstream financial operations. A Steady Rise in Institutional Blockchain Adoption Kinexys, originally developed within JPMorgan’s blockchain division, was designed to facilitate the tokenization of real-world assets and streamline cross-border payments. The platform allows institutional clients to digitize assets such as cash, bonds, and other financial instruments, enabling near-instant settlement and improved transparency. The…

Gemini co-founder Cameron Winklevoss has strengthened the case for Bitcoin by pointing to the rapidly rising U.S. national debt as a major reason for investors to consider the digital asset. Key Points Gemini co-founder Cameron Winklevoss stated there are now 39 trillion reasons to buy Bitcoin. The United States national debt has exceeded $39 trillion and now stands at $39.22 trillion. Cameron has repeatedly encouraged investors to buy Bitcoin during major market pullbacks or rising economic uncertainties. Jim Cramer also encouraged Americans last year to consider buying cryptocurrencies as U.S. debt increased to $37.63 trillion. Cameron Highlights 39 Trillion Reasons…