Author: NBTC

GameStop stock is suddenly up by about 13% because traders are reacting to a reported plan that sounds almost absurd on paper: GameStop (NYSE: GME) may try to buy eBay (NASDAQ: EBAY). The retailer was worth around $11 billion at Friday’s close. EBay was worth about $45 billion. That is not a normal-sized gap. That is a market story with chaos baked into it. Allegedly, GameStop has been quietly buying eBay shares before a possible offer. EBay jumped more than 10% after hours Friday after The Wall Street Journal reported the plan. eBay has its own momentum. Its shares are…

TL;DR $XRP daily transactions neared 3 million, yet price failed to follow. Retail activity drives volume, but institutional capital is needed for price. Asheesh Birla says banks must use $XRP as liquidity bridge for structural demand. The increase in usage of $XRP does not reflect in its price, and the gap is drawing attention across the market. Recent data shows that daily transactions are approaching 3 million, compared to around 1 million in mid-2025. Despite that growth, the asset’s value does not follow the same pace, raising questions about the link between adoption and price. The explanation comes from Asheesh…

Mason Lynaugh, executive director of Stand With Crypto, took the Consensus Miami 2026 stage on Thursday to outline how the group’s 2.7 million advocates will engage in the November midterms. Mason Lynaugh, executive director of Stand With Crypto, outlined the Coinbase-backed group’s 2026 midterm strategy at the Consensus Miami Policy Summit on Thursday, appearing alongside Fellowship PAC’s Jesse Spiro and Sternhell Group’s Alex Sternhell. The session formed part of a broader Day 3 programme that put crypto’s political infrastructure on public display for the first time at Consensus. Stand With Crypto has endorsed six congressional incumbents in its first round…

LMAX Group today (Tuesday) launched Kiosk, a hosted interface that lets brokers and other institutional clients accept digital assets from their customers, hold them in LMAX Custody and then post those assets as margin across the group’s wider trading venues. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!) The product sits on top of LMAX Group’s existing regulated infrastructure and is delivered as a single, broker-branded portal. According to the firm, clients can deposit crypto into LMAX Custody and immediately use those balances as collateral to trade spot FX, precious metals, digital assets, CFDs…

Keel Infrastructure, formerly known as Bitfarms, reported a net loss of $145.4 million for the first quarter of 2026. Revenue fell to $37 million, down 23% from $47.7 million a year earlier. The company also posted a $98.4 million operating loss, compared with $34.8 million in Q1 2025. The result included a $41.4 million loss from changes in the fair value of digital assets and a $21.6 million loss tied to the extinguishment of long-term debt. Meanwhile, KEEL shares closed at $4.30 on May 11, up 8.31% for the session. The stock later traded at $4.27 after hours, down 0.70%,…

Tokenized stocks tied to Chinese companies on $BNB Chain have exploded from $316,000 to $9.3 million in market value this year. That’s a roughly 29x increase, and it signals something more interesting than just a number going up. What’s actually driving the surge A big part of the story is xStocks, a platform that launched in May 2026 and brought over 50 tokenized US stocks and ETFs to $BNB Chain. The roster includes household names like Apple and Tesla, giving on-chain users a way to gain equity exposure without leaving the DeFi ecosystem. The platform isn’t stopping there. Plans call…

While crypto market participants have switched into macroeconomic and geopolitical analysts, keeping their focus on the oil chart, a different scenario is unfolding on Bitfinex — one that industry legend Adam Back highlights as unprecedented. According to the latest margin position monitoring data, the volume of long positions on Bitfinex has now reached a historical high not seen since November 2023, hitting 79,193 $BTC. Adam Back explains why this Bitfinex accumulation is “unprecedented” The CEO of Blockstream pointed out a unique market structure. In particular, a group of institutional players appears to be using a TWAP strategy — time-weighted average…

Galaxy Digital, the cryptocurrency financial services firm founded by Mike Novogratz, has partnered with Ethereum treasury management company Sharplink to launch a $125 million decentralized finance (DeFi) yield fund. The initiative, named the Galaxy Sharplink Onchain Yield Fund, aims to generate returns through active DeFi strategies while maintaining institutional-grade security standards. Fund Structure and Capital Allocation According to the announcement, the fund will be seeded with $100 million from Sharplink’s existing Ethereum treasury, which currently stands at approximately $2.1 billion. Galaxy will contribute an additional $25 million and serve as the sole fund manager. This structure places Galaxy in charge…

Ethereum is trading near a key level after losing short-term parabolic support while holding a wider reclaim zone. The next move around $2,300 could decide whether $ETH extends its recovery or slips into a deeper pullback. Ethereum Loses Parabolic Support as $ETH Fails to Reclaim Key Curve Ethereum slipped below its parabolic support line on the 12-hour chart, weakening the short-term bullish setup. $ETH traded near $2,306 on Bitget after failing to reclaim the curved support zone marked by analyst Ted Pillows. The chart shows $ETH building a recovery structure from late February through April. Price climbed from the $1,750–$1,800…

In its latest Crypto Landscape in Latin America 2025 report, Bitso found that 40% of all crypto purchases in the region involved dollar-linked assets, such as $USDT and $USDC. Even so, Bitcoin remains the most widely held asset, representing 52% of all portfolios. Key Takeaways: Bitso’s 2025 report reveals that stablecoins like $USDC drove nearly 40% of crypto purchases across Latam. Highlighting a shift to stability, $USDC and $USDT now comprise over 70% of all crypto bought in Argentina. Moving forward, Latam users will keep using stablecoins for payments while holding 52% of funds in BTC. Bitso Report Reveals Latam’s…