Author: NBTC

US Senator Cynthia Lummis announced at the Bitcoin 2025 Conference that President Donald Trump supports a new bill that requires the purchase of 1 million Bitcoins. According to Lummis’ statement, the bill in question will be on the Congressional agenda next week. Lummis said the US government currently believes it has around 200,000 Bitcoins, but that information was “covered up” after an audit mandated by the White House. The senator also noted that he was offered a special briefing on the matter. In Washington, activity regarding cryptocurrency laws continues. Senate Republicans, who have been working hard for stablecoin regulations for…

Dogecoin will see a slew of hypercasual mini-games released throughout the rests of the year via the DogeOS application layer, utilizing the DOGE network for the games’ reward system and more. Published by PlaysOut, approximately 15 Doge-themed games spanning various genres will be rolled out by the end of the year, with the first title expected in August. These casual mini-games will be playable via the MyDoge wallet and PlaysOut mobile app, with the hope that the games will find their way onto other platforms. The games are expected to utilize the Dogecoin blockchain, with leaderboards, quests, and competitions likely…

Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 31st Report (snapshot date June 1) of its reserves. According to Binance’s official website, the reserve ratio (Binance holdings divided by user assets) for major cryptocurrencies is overcollateralized. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, ENJ, 1INCH, CRV, MASK, HFT, BUSD, BOME, FORM, Hedera (HBAR), NEAR, Pepecoin (PEPE), S, SUI, WIF and TRUMP were featured.…

The Pakistani government just announced that it allocated 2,000 megawatts of electricity to power Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This campaign is designed to establish Pakistan as a major global player in Web3 infrastructure and the digital economy of the entire region. Pakistan deploys 2,000 MW of electricity for BTC mining According to the official statement of the country’s Finance Minister Muhammad Aurangzeb, Pakistan is committing 2,000 megawatts of energy for Bitcoin (BTC) proof-of-work mining and AI-specific data centers. This ambitious program is set to make Pakistan a leader in blockchain disruption for the entire Asian…

Less than a month after the first tokenized property was sold out, PRYPCO Mint, the joint initiative between the Dubai Land Department (DLD) and PRYPCO licensed by the Virtual Assets Regulatory Authority (VARA), is now offering its second tokenized property listing. The property at Kensington Waters is worth $653,000, and will go live tomorrow on June 11, 2025. The tokenized property to be listed will allow fractional property ownership on the blockchain technology. The new tokenized property is a one-bedroom apartment The new property listing features a one-bedroom apartment in Kensington Waters, Mohammed Bin Rashid City, with a total valuation…

As Bitcoin charges into all-time high territory in Q2 2025, one man and one company continue to dominate the narrative–Michael Saylor and his rebranded firm, Strategy Inc. Formerly MicroStrategy, the company is not just riding the crypto wave, it is powering it. As Wall Street races to engineer new Bitcoin-linked financial products, Saylor’s original “capital-markets hack” still reigns supreme. In an X post, CryptoQuant CEO Ki Young Ju summed it up nicely: “Saylor hacked the US capital markets and rerouted liquidity into Bitcoin.” Ki Young Ju likened Strategy Inc. to a kind of perpetual-motion engine—a Bitcoin treasury firm that simply…

The yield-bearing vault created by decentralized exchange HyperLiquid has grown from $163 million to $418 million over the past two months despite centralization concerns around the JELLY market fiasco in March, data from DefiLlama shows. The vault, which acts as an internal market maker and gives depositors a yield, was underwater by $13.5 million after a user manipulated the index price of JELLY in March. HyperLiquid minimized these losses by forcibly closing the JELLY market, settling it at $0.0095 as opposed to $0.50 that was being fed to oracles via decentralized exchanges. This led to an exodus of capital from…

TON is becoming one of the top chains for NFT activity, thanks to Telegram Collectible Gifts. Telegram’s founder, Pavel Durov, pointed out that TON retained a leading position as a venue for NFT trading. TON is the second most active chain for NFT trading after Ethereum, thanks to the growth of Telegram Collectible Gifts. Pavel Durov, Telegram’s founder, pointed out the collection increased its activity rapidly in the past 30 days. Telegram Collectible Gifts went up in price several times in the past 30 days. TON is now the #1 blockchain by daily NFT trading volume (or #2 after Ethereum…

Ethereum surged 3.8%, approaching a bullish flag breakout with targets near $3,600. Derivatives data show rising open interest and growing bullish momentum. As Bitcoin approaches $110,000 once again, Ethereum outperforms with a 3% surge, nearing a potential flag breakout. Will this rally propel Ethereum toward $3,600? Ethereum Price Analysis On the daily chart, Ethereum displays a sideways trend between two key Fibonacci levels. The 38.20% Fibonacci level near $2,400 acts as support, while the 50% level around $2,700 serves as the upper resistance. With a 3.81% price increase on Tuesday, Ethereum formed a bullish candle near the upper resistance level.…

The minutes of the meeting containing the details of the FED’s previous interest rate decision have been published. The FED had decided to leave interest rates unchanged at the meeting in question. Here are all the details from the published minutes: Participants agreed that uncertainty about the economic outlook has increased and that a cautious monetary policy approach is appropriate. Participants agreed that they were fully prepared to wait for greater clarity on the economic outlook. In discussions of policy strategy, officials emphasized the importance of inflation expectations. Participants said they may face “difficult trade-offs” if inflation persists and the…