Author: NBTC

It has been reported that allocation issues are occurring for SpaceX Pre-IPO products offered through the tokenized stock platform xStocks. According to information from Kraken’s growth team, SpaceX Pre-IPO allocations from intermediaries fell short of expectations, while user demand significantly exceeded the available supply. Therefore, Kraken was only able to fulfill a portion of user orders. It was stated that the unfulfilled order amounts would be fully refunded to users. According to community feedback, all users who successfully received allocations on Kraken were given the same amount, 4.2786 SPCX. This development is believed to have also affected exchanges like Kraken,…

Flare co-founder Hugo Philion has confirmed that the team is exploring a LayerZero Decentralized Verifier Network. His remarks followed a community proposal involving FXRP and the Cardano ecosystem. Philion did not confirm that Flare plans to bring FXRP to Cardano. The discussion remains at an early stage, with no launch date, technical plan or formal partnership announced. Flare examines a LayerZero verifier network An $XRP community member suggested that Flare create an official LayerZero DVN. The user argued that the infrastructure could support a secure route for FXRP to reach Cardano-based applications. “Can’t comment on whether FXRP will go to…

On the surface, it looks like the market is currently rotating between metals and risk assets. From a technical angle, the $BTC/XAU ratio is already up 19% in Q2, marking its strongest quarterly performance since the Q2 2025 cycle. The key takeaway is that this move is happening while macro FUD is picking up again, suggesting Bitcoin is still attracting relatively stronger capital inflows compared to gold. That said, not everyone views this as a sustainable trend. As highlighted in the post below, Peter Schiff has described the recent sell-off in both gold and silver as a “buying opportunity.” This,…

Ethereum is trading around $1,674–$1,675, showing sustained selling pressure on the daily chart. The gap between current and previous prices represents months of lost momentum, broken supports, and underwater holders. The trend is clearly bearish. However, the question remains whether this marks a point of exhaustion supporting a bounce or a pause before further declines. ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. The Daily Timeframe Tells the Real Story On the daily chart, Ethereum is below its EMA20 ($1,877), EMA50 ($2,044), and EMA200 ($2,519), forming a bearish stack. Any bullish effort must overcome these resistances before reclaiming a…

Tokenized real-world assets could develop into a $14 trillion market by 2030 and eventually reach $55 trillion by 2035, according to BCG projections. According to that prediction, tokenization would rank among the biggest structural changes in the current financial system, affecting bonds, commodities, private credit, stocks, and other assets. Instituionalization of the field There is increasing pressure on conventional asset managers. While profit margins hardly change, assets under management are still growing globally. Institutional products became more commoditized, passive investing reduced fees, and competition grew more fierce. Distribution is turning into the primary battleground in that setting. BCG makes the…

In a matter of hours, one of the most aggressive traders in the Solana memecoin ecosystem turned a very lucrative run into a complete wipeout. Taking a huge loss Previously a top whale in ASTEROID, the address that ends with MBYiv lost everything after exiting a winning position and rotating into another high-risk token. The wallet contained 52.8 million ASTEROID tokens at its height of visibility. The position closed about five hours ago at $0.00306 after being built early with an average entry of about $0.00148. The realized profit from that trade alone was about $83,700, which more than doubled…

South Korean police opened the country’s first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes. The Gangwon Provincial Police Agency is leading the investigation at the request of the National Police Agency, tracing cryptocurrency transaction records to identify users nationwide. Those identified face potential fines of up to 10 million won ($6,500) under Article 246 of the Criminal Act. Polymarket’s resolved 2026 Seoul mayoral election market alone showed a total volume of $52.2 million, putting activity well into the tens of billions of won across Korean…

Cryptocurrency analytics company CryptoQuant has analyzed the notable large exchange exits in the $XRP market. According to the company, while the $XRP price is facing renewed selling pressure near the $1.14 level, large investor activity is signaling the opposite. According to the “Multiple exchanges with daily outflows exceeding 1 million” chart shared by CryptoQuant, there has been a significant increase in large outflow transactions exceeding 1 million $XRP from Binance since the beginning of June. According to the data, between June 3rd and June 11th, a large daily outflow of approximately 465 million $XRP was recorded from Binance alone. CryptoQuant…

ZK blockchain project Hyli is shutting down after two years, with the team citing weak market demand for zero-knowledge technology as the decisive factor. “ZK has not gained the traction we had hoped for,” the team said in an announcement posted Wednesday on X, adding that it sees no viable path to launching the network in the current environment. The post confirmed that Hyli, which raised $3.4 million in funding, had shipped a working full-node client, completing the Autobahn BFT consensus layer and adding support for ZK smart contracts capable of sustaining real user load. Despite completing core infrastructure, the…

Strategy generated over $2 billion this past week alone through its ongoing STRC preferred stock offering. Data from Bitcoin Treasuries shows significant capital flowing into Strategy’s STRC from May 11 to May 14. Their tracking shows the company pulled in the equivalent of 2,543 $BTC on May 11, 2,982 $BTC on May 12, and 5,164 $BTC on May 13. Capital accumulation also maximized on May 14, with daily STRC ATM inflows spiking to an estimated 14,439 $BTC. This activity alone generated $1.17 billion in net proceeds and pushed daily trading volume past $1.54 billion. Recent reports indicate weekly STRC-related inflows…