Author: NBTC

OKX founder Star Xu has signaled a potential expansion of the exchange’s Ethereum Layer 2 network, X Layer, by suggesting the integration of Kraken’s xStocks platform. In a recent statement, Xu highlighted xStocks as a prime example of real-world asset (RWA) tokenization, emphasizing that stock tokens represent one of the most practical use cases for bridging traditional finance and the crypto market. What Is Kraken xStocks and Why It Matters Kraken’s xStocks platform allows users to trade tokenized versions of major U.S. stocks, such as Apple and Tesla, directly on-chain. These tokens represent fractional ownership of the underlying shares, enabling…

Bitcoin is trading at $77.5k as the third week of May draws to a close. The market is recovering quietly from the $75k–$76k support zone after last week’s failed breakout attempt above $80k. The structure has absorbed the pullback without breaking, the ascending channel floor continues to rise, and the on-chain picture tells a story that the price chart alone undersells. Sentiment is rebuilding from levels last seen at the very beginning of the previous bull market. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, the ascending white channel from the February low has held, with the asset…

At a time when institutional investors are acting cautiously in the cryptocurrency market, digital asset company Bitmine made a notable Ethereum purchase. According to information shared by on-chain data analyst EmberCN, the company acquired an additional 25,000 $ETH through its custody and transaction services provider BitGo. The purchase is said to be worth approximately $47.98 million, and the transaction has generated widespread attention within the cryptocurrency community. This move, coming at a time when many institutional investors are taking short positions in the current market conditions, is seen as a significant development indicating Bitmine’s continued long-term confidence in Ethereum. According…

Web3 salaries have fallen sharply in 2026, hitting their lowest level in half a decade, and all that just a year after peaking at record highs in early 2025. As the latest Finbold analysis shows, the average Web3 worker in May 2026 earns around $138,000 a year – a steep 75.1% decline from the January 2025 peak of $553,000. Compared to, for example, December 2021 levels at around $205,000, salaries are down roughly 32.7%. In other words, the current figures reflect a sustained cooling trend, not a sudden shift. The uptick in early 2025 was one of the isolated incidents,…

Polygon, a blockchain infrastructure project, has launched a new payment solution aimed at addressing the privacy concerns of corporate users. By introducing this new feature that enhances privacy in stablecoin transactions, the company aims to ensure more controlled on-chain transactions. The new system uses zero-knowledge proof technology to keep transaction details private. This technology allows critical information such as sender, recipient, and transaction amount to be hidden from external observers. This prevents competitors or third parties from monitoring the transaction flows, which are inherently transparent in blockchain technology. According to experts, the complete transparency offered by blockchain has long been…

Ripple veteran David Schwartz has downplayed the significance of what seems to be the most audacious legal action in the history of crypto that could overshadow the past efforts of Australian computer scientist Craig Wright. According to Wright, the core legal arguments are comically bad. As reported by U.Today, the lawsuit seeks to grant legal ownership of a staggering 39,069 dormant Bitcoin wallets to an anonymous plaintiff. At current prices, the wallets are worth roughly $293 billion, which is more than the total net worth of Amazon founder Jeff Bezos. “Lost and found” claim The extremely bizarre lawsuit was filed…

Robinhood is betting on itself. Literally. The company has started routing select FIFA World Cup event contracts through Rothera, the derivatives exchange it co-owns with Susquehanna International Group, rather than relying entirely on Kalshi. The move covers individual match outcomes, overall tournament winners, and total goals contracts. Robinhood shares climbed more than 6% following the announcement. Why Robinhood is building its own exchange Rothera received CFTC approval and began self-certifying soccer event contracts in May 2026, with certification filings for four specific soccer contracts submitted on May 28. Rothera reported over $2 million in trading volume during a recent weekend.…

Bitcoin price remained under pressure on Wednesday, but crypto analyst Ali Martinez believes the recent correction may actually be setting the stage for another rally toward $95,000 as key on-chain MVRV indicators begin flashing long-term accumulation signals. According to data from crypto.news, Bitcoin ($BTC) price traded around $77,300 at press time on May 20 after slipping below the $78,000 level earlier in the session. Despite ongoing volatility fueled by rising geopolitical tensions, persistent ETF outflows, and inflation concerns tied to surging oil prices, analysts say Bitcoin’s current setup still resembles previous accumulation phases that historically preceded major recoveries. One of…

The non-fungible token ($NFT) market cap has fallen back toward record lows as Ethereum ($ETH) declines. CryptoPunks trade near $53,000, Bored Ape Yacht Club pieces sit below $15,000, and Pudgy Penguins hover around $7,300. $ETH lost roughly 28% over the past 30 days and now trades near $1,640. Floors measured in $ETH fell far less than dollar values, exposing the sector’s denomination risk. Total $NFT Market Cap Chart. Source: Coingecko Ethereum Weakness Drags $NFT Market Cap Toward Record Lows Data from CoinGecko places the CryptoPunks floor at 32.5 $ETH, or about $53,254. Bored Ape Yacht Club (BAYC) sits at 9.05…

A cryptocurrency wallet address linked to the entity known as the ‘ShapeShift whale’ has acquired an additional 6,688 Ether ($ETH) over the past eight hours, according to data from blockchain tracking platform Onchain Lens. The purchases, totaling approximately $12.78 million, were executed in a series of transactions, bringing the address’s total holdings to 149,286 $ETH, valued at roughly $277.59 million at current market prices. Details of the Accumulation The transactions were recorded on-chain, with the address receiving the funds from multiple smaller wallets, a pattern often associated with over-the-counter (OTC) deals or accumulation strategies by large holders. Onchain Lens noted…