Author: NBTC

GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The offer includes a 46% premium to eBay’s unaffected closing price on Feb. 4, 2026, when GameStop began building its position in the company. GameStop also disclosed it has accumulated a roughly 5% economic stake in eBay through derivatives and common stock holdings. The proposal comes as…

Solana token trading has completely changed its profile in two years. On average, token holders only retain new assets for 62 seconds. Solana token trading is shifting from community-based activity to a bot-driven frenzy. In 2024, Solana meme tokens could last for weeks, building communities and going through multiple price cycles. Some projects relied on long-term holding and took months or years to climb to new highs. Average time for holding tokens has fallen steeply and continues its downward trend. In 2026, holders traded tokens as fast as 44 seconds. As of March 22, the median holding time is around…

Bank of Canada stablecoin regulations could arrive in mid or late 2027, pushing the detailed rulebook later into the same year that Canada’s government has already marked for its framework to take effect. That timing lands just as Visa Canada and Wealthsimple are piloting $USDC settlement for certain card-network obligations in Canada. The result is a live institutional use case in one part of the payment stack while the framework for non-bank stablecoin issuers remains unfinished. A Reuters report said an early-2027 launch plan was ambitious and that regulations could instead be introduced by mid or late 2027. Canada’s own…

China’s producer price index surged 2.8% year-on-year in April 2026, hitting its highest level since July 2022. It marks the definitive end of a 41-month deflationary period that had weighed on the world’s second-largest economy. The culprit is energy. Geopolitical turmoil, particularly the Iran conflict disrupting oil flows through the Strait of Hormuz, has sent global energy prices climbing. The inflation picture in detail Consumer prices in China rose 1.2% in April, beating analyst expectations. The extraction industry was the hardest hit sector, with prices jumping 5.1% as the Iran conflict continued to choke global oil supply. Non-ferrous metals also…

On-chain data is suggesting that Bitcoin ($BTC) is likely to see more losses ahead before the asset finds a bottom. This outlook was shared by crypto analyst Willy Woo in an X post on March 30, where he noted that traditional on-chain valuation frameworks place Bitcoin’s likely bottom range between $46,000 and $54,000. Central to this view is the CVDD Floor Model, which currently sits near $45,500 and continues to trend upward over time, reflecting the asset’s long-term accumulation dynamics. The analysis shows Bitcoin has traded above both the realized price and the CVDD floor for most of the cycle,…

Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow firms to issue digital versions of assets already held in custody, while keeping the same ownership rights and protections, according to the press release. The system is being shaped with input from more than 50 firms, including BlackRock, Goldman Sachs, JPMorgan and crypto-native companies like Anchorage and Circle, the firm said. The effort marks one of the…

Backpack Exchange, a Solana-based cryptocurrency trading platform, launched on Monday its native token, BP, detailing a token generation event (TGE) that includes a mix of user distribution, lockups and a mechanism tied to company equity. At launch, 25% of the token’s 1 billion total supply—around 250 million BP—will be distributed, primarily through an airdrop to existing users. Most of that allocation is set aside for participants in Backpack’s points program, with a smaller portion reserved for holders of its “Mad Lads NFT collection.” The company said no tokens have been allocated to founders, team members or investors at inception, a…

Pennsylvania just drew a line in the sand for AI companies playing doctor. The state’s Department of State filed a lawsuit on May 5 against Character Technologies Inc., the company behind Character.AI, alleging its chatbots impersonated licensed medical professionals and handed out mental health advice without any credentials to back it up. The case represents the first time a US state has enforced medical practice laws against an AI entity. Pennsylvania is treating a chatbot pretending to be a psychiatrist the same way it would treat a human doing the same thing, which is to say, as a violation of…

Crypto-related stocks rallied Monday, led by Circle (CRCL) and Coinbase (COIN), as progress on U.S. digital asset legislation and bitcoin breaking above $80,000 lifted sentiment across the sector. Circle, issuer of the USDC stablecoin, surged 18%, extending recent gains, while U.S.-focused crypto exchange Coinbase rose about 7%. BitGo (BTGO), a digital asset infrastructure firm offering custody and stablecoin services, climbed roughly 10%. Strategy (MSTR), the largest corporate bitcoin holder, crypto-friendly digital broker Robinhood (HOOD) and Ethereum (ETH) treasury firm Bitmine (BMNR) were also up 3%-4%, underscoring the broad-market advance. The move came as bitcoin pushed above $80,000 during the session,…

Aster DEX has launched its Stage 6 strategic buyback program to help stabilize the $ASTER token amid ongoing market ups and downs. The program executes token repurchases from a dedicated strategic wallet. 🚨JUST IN: $ASTER DEX ACTIVATES STAGE 6 BUYBACK RESERVE FOR $ASTERAster DEX (@Aster_DEX) has launched its Stage 6 strategic buyback program.The move aims to support $ASTER amid current market conditions. Repurchases are being executed from a designated strategic wallet.The… pic.twitter.com/gPaJcR5vV8 — BSCN (@BSCNews) March 23, 2026 Moreover, all transactions are fully on-chain and publicly visible, demonstrating Aster’s commitment to transparency. This approach allows the community to track the…