Author: NBTC

Cryptocurrency prices retreated last week after Bitcoin failed to move above the resistance level at $106,000 and as traders took profits. Bitcoin (BTC) price was trading at $103,000 on Sunday, while the recent Ethereum (ETH) surge hit a barrier. Looking ahead, some of the top cryptocurrencies to watch this week will be Ripple (XRP), Trump Coin (TRUMP), and Zetachain (ZETA). XRP in focus ahead of CME futures launch XRP price will be spotlighted this week as CME Group launches the first cash-settled futures on Monday. Futures contracts let traders bet or hedge against the future price of an asset without…

After the GENIUS Act failed in the Senate last week, legislators added a few bipartisan amendments. These represent significant concessions to the anti-crypto faction, with several important restrictions. In particular, they ban Big Tech firms from issuing and possibly even holding stablecoins. These amendments would increase stablecoin transparency and enable enforcement actions on noncompliant firms. Could the GENIUS Act Pass with New Amendments? Stablecoin regulations are a priority issue for US crypto regulation, and the GENIUS Act is currently the industry’s best hope for passing them. Although its success seemed likely last week, it failed in the Senate after stiff…

Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal combining equity, bitcoin, and cash. POW.RE and Block Green Merge to Combine Mining and Financial Services The acquisition, pending a definitive agreement within 90 days, aims to merge POW.RE’s sustainable mining operations with Block Green’s financial services for bitcoin miners. Under terms disclosed, POW.RE will acquire 100% of Block Green’s shares through an equity swap alongside bitcoin ( BTC) and U.S. dollar payments. Block Green, regulated under Swiss law and backed by investors including Founders Fund and Coinbase Ventures,…

Thumzup Media Corporation (Nasdaq: TZUP) has filed an amendment to its shelf registration on Form S-3 with the Securities and Exchange Commission, increasing the maximum offering amount from $200 million to $500 million. The move signals a significant ramp-up in the company’s dual mission: scaling its social media branding platform and growing its Bitcoin holdings. As of May 5, 2025, Thumzup holds 19.106 BTC valued at approximately $1.8 million. The company’s board had previously greenlit a bold treasury strategy allowing up to 90% of its liquid assets to be held in Bitcoin. This expanded registration gives Thumzup the flexibility to…

Ether’s ETH$2,611.58 rally, though impressive, leaves much to be desired. That’s because the unwinding of shorts is said to be fueling the rally, not fresh longs or bullish leveraged bets on the Chicago Mercantile Exchange (CME). “The rally is primarily the result of short covering – traders unwinding bearish positions – rather than a surge of bullish conviction,” Sui Chung, CEO of crypto index provider CF Benchmarks, told CoinDesk. CME’s derivatives, preferred by institutions, track the CF Benchmarks’ Bitcoin Reference Rate – New York (BRRNY) variant. When bears cover their shorts, it means they are buying back futures contracts initially sold.…

It’s going to be a big week for XRP with the futures launching on the CME today, and the ETF hype making headlines again. If all goes as planned, this could be a game-changer for XRP, drawing in institutional money and paving the way for spot XRP ETFs. XRP ETF Approval Odds Increase Polymarket traders have also raised their bets on an XRP ETF approval this year to 83%, despite the recent bearish sentiment. Bloomberg analysts have also raised the odds of approval to 85%, over rising institutional interest and a fair regulatory environment. The Chicago Mercantile Exchange (CME) launching…

The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Friday. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. Miner profitability improved in May, as the price of bitcoin BTC$102,586.74 rose, and gross margins expanded, the bank said.The hashprice, a measure of daily mining profitability, rose 13% from April, which the bank said was “encouraging.”…

A closely followed on-chain analyst believes that Bitcoin (BTC) is at a critical juncture and may be one big move away from signaling bull market exhaustion. Pseudonymous analyst Checkmate tells his 114,800 followers on the social media platform X that Bitcoin is facing heavy selling pressure at current levels based on its heatmap, a visual tool that shows where buy and sell orders are stacked in the orderbook. “Bitcoin is working its way through a very dense supply cluster between $93,000 and $100,000. Pretty much blue skies above $100,000.” Source: Checkmate/X According to the analyst, Bitcoin bulls need to step…

Top 25 Solana meme coin Ponke has announced a partnership with 223, a spinout venture of licensed accessories firm JCorp, to create a range of adult-focused collectibles and apparel. Official products have yet to be confirmed, but the Ponke team told Decrypt they’re exploring the possibility of producing blind box collectibles, novelty and high-end toys, as well as other products aimed at countercultures like the cannabis industry.  As part of this partnership, Ponke will present a dozen concept products at this week’s Las Vegas Licensing Expo, alongside some of JCorp’s global IPs including Disney, Star Wars, and Marvel. The Ponke…

Ethereum network fees are now at $0.09, which makes sending transactions much cheaper. ETH trading volume surged as buyer interest returned, signaling a potential shift in momentum. Fewer fees and better upgrades have made Ethereum faster and easier to use than before. Ethereum transaction fees have dropped to just $0.09, while its market price surged to $2,612.76, reflecting renewed network activity and investor confidence. Real-time gas metrics reported by Crypto Rover on X confirmed Gwei rates as low as 1.615 for low-priority transactions. Simultaneously, CoinMarketCap data showed a 2.94% price gain in 24 hours, driven by growing demand and favorable…