Author: NBTC

Bitcoin has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally. Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed institutional apathy. Further, stablecoin growth has stalled, signaling a lack of fresh fiat inflows. The figures look alarming compared to the supply or the daily issuance of $BTC from mining activity. On average, about 450 new $BTC are mined each day under the current issuance schedule based on the protocol producing a new block roughly every 10 minutes, with a reward of 3.125 $BTC per block since the April 2024…

Treasure Global Inc. (NASDAQ: TGL), a Malaysia-based technology company, announced that it created an Ethereum-based Digital Asset Treasury today, May 7. It also named BitGo as its custody provider. The company plans to start with an initial deposit of approximately $176,000 in $ETH. According to its press release, the company plans to use the treasury framework over time to support capital deployment of up to $100 million. However, that figure is conditional, as the release specified that deployment would be “subject to market conditions and strategic opportunities.” Who is Treasure Global, and why did they start buying Ethereum? Treasure Global…

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein. In a Tuesday research note, the firm reiterated its “Outperform” rating on Figure (FIGR), with a $67 price target, implying roughly 67% upside from current levels, and maintained its previous outlook. Figure Technology Solutions (FIGR) stock. Source: Yahoo Finance Bernstein’s thesis centers on Figure’s transition from a home equity line of credit (HELOC) originator into a broader platform spanning blockchain infrastructure and AI-driven credit markets. A key…

Bitcoin (BTC) and altcoins rose yesterday following US President Donald Trump’s announcement of talks with Iran and a five-day pause in operations targeting Iran’s energy infrastructure. As Bitcoin climbed above $71,000, altcoins continued their upward trend. This situation also spurred whales into action, resulting in new purchases of Ethereum ($ETH) and many altcoins. According to Lookonchain, a cryptocurrency analysis platform, whales have been buying Ethereum and altcoins. Accordingly, whales were the first to target Ethereum. In the last two hours, three newly created wallets purchased 54,763 $ETH worth $118.24 million from Binance. A new wallet named “0x8315” was created and,…

A significant transfer has occurred in the cryptocurrency market. According to on-chain data, a wallet reportedly linked to Garrett Bullish deposited 166,000 ETH into Binance after approximately two months of inactivity. The transfer, worth approximately $395 million, has triggered selling pressure in the market and fueled speculation about possible strategic moves. Garrett Jin, who emerged as the key figure behind the transfer, has a history that has resurfaced due to controversial events in the cryptocurrency sector. A 2008 graduate of Boston University’s Economics department, Jin began his career at China Construction Bank. In 2012, he founded Da Yo Trading, based…

Faston Crypto Etherions has been generating search traffic since late 2024, but the project remains poorly understood by most of the people looking it up. The name is part of the confusion — it blends references to Ethereum, a “Faston” protocol, and digital creatures called Etherions, without an obvious single definition. This guide untangles what EFC actually claims to be, what its technology is supposed to do, and where significant questions remain unanswered. What Is Faston Crypto Etherions? Faston Crypto Etherions — commonly abbreviated as EFC — is a blockchain-based ecosystem that combines three components: a native cryptocurrency token, a…

Washington is building a cleaner lane for digital dollars, and the consequence for Bitcoin is becoming easier to map. Over the past year, U.S. lawmakers, regulators, and the White House have moved in the same direction. The $GENIUS Act framework advanced in the Senate with language built around payment stablecoins, reserve backing, consumer protection, and cross-border efficiency. The White House’s digital assets report described dollar-backed stablecoins as the “next wave of innovation in payments” and tied them directly to U.S. monetary reach. Treasury Secretary Scott Bessent later said the law gives the dollar an “internet-native payment rail.” Then the OCC’s…

While the broader market has experienced significant upside volatility, Ethereum has closed at lower lows for two consecutive days. After it was rejected at $2.4k, the altcoin dropped to a low of $2.3k and is now testing that level of support. With the market showing some signs of weakness, Ethereum whales and institutions have increased selling activity. Paradigm Capital deposits $27 million in $ETH After Ethereum [$ETH] failed to hold $2.4k towards the end of April, institutional investors stepped back from the market. The Coinbase Premium Index has remained negative for 10 consecutive days, suggesting U.S. institutional investors have turned…

Bitcoin ($BTC) has climbed above $80,000 for the first time in a long while, and it is predicted that the markets could experience movement in either direction. While investors are opting for caution, Coinshares has released its cryptocurrency report, stating that there were $117.8 million in inflows last week. “Cryptocurrency investment products saw inflows of $117.8 million, marking the fifth consecutive week of positive growth.” However, weekly total inflows mask four days of outflows that were reversed by a strong session on Friday. Bitcoin ($BTC) Continues to Remain Strong! Looking at crypto funds individually, inflows are concentrated in Bitcoin. $BTC…

The Solana Foundation is launching a new developer platform aimed at making it easier for financial institutions to build blockchain-based products, with early users including Mastercard, Western Union and Worldpay. The Solana Developer Platform (SDP), currently available for developers to test, is a toolkit that enables enterprises to create and scale financial applications on Solana without deep crypto infrastructure expertise. The SDP will also integrate AI tools such as Anthropic’s Claude Code and OpenAI’s Codex. The platform bundles services from more than 20 infrastructure providers — spanning custody, compliance, wallets and payments — into a single interface, streamlining what has…