Author: NBTC

Cardano (ADA) founder and cryptocurrency industry leader Charles Hoskinson made striking statements about the future of the crypto world and the new technologies that will transform the industry in his latest interview. Hoskinson argued that, in the long run, people will not use cryptocurrencies directly; instead, delegated artificial intelligence (AI) agents will manage this ecosystem. Referring to the crises the sector has experienced in recent years, Hoskinson argued that rules and regulations are essential in the market, saying, “The market has clearly proven that it cannot regulate itself; with the FTX, Terra (Luna), memecoin crazes, hacking incidents, and scams.” Hoskinson…

The cryptocurrency market witnessed a significant move this week as BitForex founder Garrett Jin opened a substantial leveraged long position on Bitcoin. According to on-chain analytics firm Lookonchain, Jin opened a 5x long position worth 504.4 BTC, valued at approximately $59.11 million at the time of the trade. Details of the Trade Lookonchain reported the transaction via its monitoring platform, which tracks large wallet movements and exchange activities. The position, executed with 5x leverage, amplifies both potential gains and risks. In addition to the Bitcoin trade, Jin also purchased 42,524 $HYPE tokens, valued at roughly $2.33 million. $HYPE is the…

Bearish bets on a token that institutional investors were quietly accumulating turned sour on Tuesday. Zcash ($ZEC) ripped nearly 30% over 24 hours to $543 in Asian hours Tuesday, taking its weekly gain to 60% and its 30-day return to over 110%, per CoinGecko data. Volume crossed $1.3 billion in the past day and the rally triggered nearly $62 million in total liquidations across roughly 5,000 traders. Of that, almost $60 million was shorts while longs lost just over $3 million, making $ZEC-tracked futures the second highest liquidations behind bitcoin in an unusual move. The price surge came as prominent…

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, speaking at the Reagan National Economic Forum, outlined a significant shift in the agency’s approach to digital assets, criticizing past regulatory hostility and pledging to make the United States a global hub for cryptocurrency innovation. Atkins stated that the SEC’s previous stance forced many crypto projects and companies to relocate overseas, harming American competitiveness. A New Era of Crypto Regulation Atkins emphasized that the SEC is now pursuing a comprehensive reform agenda focused on modernizing crypto rules and providing legal clarity for digital asset markets. He highlighted the agency’s collaboration with…

Mastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into the plumbing of the global financial system. The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement as well as on-chain settlement using regulated stablecoins. The new capabilities will operate alongside existing fiat settlement processes and are designed to give financial institutions more flexibility in managing liquidity. Mastercard will initially support settlement using Circle’s USDC, Paxos-issued PYUSD, USDG and USDP, Ripple’s RLUSD and SoFiUSD. The stablecoins will be available across…

Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s “Bull Score Index” has declined from 40 back to extreme bearish territory at 20, “as stalling stablecoin liquidity, and negative price momentum simultaneously eroded the composite signal.” This score is consistent with the deep bear market readings of February and March, when prices declined to…

The odds on a seven-leg parlay and the odds on a fresh memecoin trade are roughly the same, $BONK core contributor Nom told audience at the ongoing Consensus Miami on Tuesday. Most memecoin teams lack the staying power to push their projects through real regulatory steps, Nom said, citing exchange listings, ETF filings and public-company structures as the markers that separate tokens that last from those that rinse retail. Crypto has built systems “really, really good at incentivizing inorganic traffic,” he added, pointing to points programs and airdrop farms that pull in mercenary capital and then watch network activity collapse…

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. The final full week of May offered further evidence that crypto regulation is entering a new phase. Several of the industry’s most significant legal battles appear to be winding down, while policymakers and financial institutions are increasingly focused on broader questions of market structure, financial stability, and systemic risk. At the same time, major…

ChainAware.ai, an Artificial Intelligence (AI-Powered) Web3 infrastructure platform, has disclosed its strategic partnership with PROM, the economic layer for autonomous AI agents. This partnership aims to enhance autonomous AI agents to securely transact, coordinate tasks, and exchange services in Web3. https://t.co/tODxqMTUfI x PROM 🤝We’re thrilled to partner with @prom_io , the economic layer for autonomous AI agents, enabling machine-to-machine payments, programmable service agreements, and autonomous task execution at scale, secured by a zkEVM architecture built for… pic.twitter.com/kdRHx5ugpn — ChainAware.ai (@ChainAware) June 2, 2026 ChainAware.ai is very popular among other platforms in building trust, confidence, and compliance for Web3 users around…

In this month of May 2026 the price of Bitcoin has in fact returned to the 200-day moving average. The problem is that this average has been falling for five months, and shows no signs of reversal. This leads some analysts to argue that the decline in the price of Bitcoin could continue precisely by following that of the 200-day moving average. The 200-day moving average The simple 200-day moving average (SMA200) has become one of the most closely watched technical indicators for those who analyze price trends on financial markets. However, it was identified as a reference point many…