Author: NBTC

Bitcoin ($BTC) demand on Coinbase points to early signs of market stabilization as $BTC reclaimed the upper bounds of its range highs. The 14-day trend of the Coinbase Premium Index has remained in an uptrend, suggesting steady buyer interest despite traders taking $1.14 billion in profits, which pushed the daily Coinbase premium to a six-week low. Coinbase demand stabilizes amid negative readings The Coinbase Premium Index dropped to -0.087 on May 19, its weakest reading since March 31. A negative premium means Bitcoin traded at a lower price on Coinbase than on Binance, signaling softer demand from US-based buyers. $BTC…

A cryptocurrency wallet that had remained inactive for three years has suddenly sprung to life, selling 10,000 Ethereum ($ETH) valued at approximately $17.72 million. The transaction, identified by on-chain analytics platform Onchain Lens, involved an address beginning with 0x293. Details of the Whale Transaction The dormant address executed the large sell order in a single move, transferring the entire 10,000 $ETH balance. At the time of the sale, Ethereum was trading near $1,772 per coin. The wallet had accumulated the $ETH prior to its period of inactivity, which began in early 2021, a time when Ethereum prices were significantly lower.…

Shares in Solana treasury company Upexi fell 8.16% on Tuesday after reporting a widened net loss of $109 million in its fiscal third quarter, driven by a fall in the value of its crypto holdings. The company reported $92.3 million in unrealized losses on digital assets, according to a filing on Tuesday. This was despite total revenue rising 46% to $4.6 million compared with the same period last year, driven by crypto staking revenue. Upexi CEO Allan Marshall said during the earnings call that Upexi faced a challenging environment, along with the rest of the industry, but it has focused…

Most people scrolled past the document. They should not have. Ripple’s DFSA license inside Dubai’s DIFC is not just a regulatory checkbox. It is the foundation of a global legal infrastructure that no other crypto company has come close to building. For $XRP, the implications run deeper than most people realize. Ripple news today is about more than a Middle East office. It is about what this license actually authorizes Ripple to do, and where it positions $XRP in the global financial system. What the DIFC License Actually Authorizes The Dubai International Financial Centre operates under its own independent legal…

The Trump White House released its National Policy Framework for Artificial Intelligence on March 20, 2026, sending Congress a legislative blueprint designed to establish federal standards that would override state-level AI regulations. The framework covers seven core areas and represents the administration’s clearest signal yet that it wants a single, unified rulebook for the AI industry rather than 50 different ones. What the framework actually covers The seven objectives span child protection, AI infrastructure security, intellectual property rights, free speech preservation, and workforce development. These aren’t regulations themselves. They’re recommendations to Congress, a legislative wish list that lawmakers would need…

Kevin O’Leary declared that the next big crypto opportunity could be the blockchain that secures adoption by at least one S&P 500 company in each of the 11 sectors. In an X post on June 1, O’Leary stated that the next big thing in crypto is the blockchain that standardizes the real-world utility for the S&P 500 companies. As such, Mr Wonderful concluded that the crypto asset whose blockchain gets integrated with S&P 500 companies may experience parabolic growth. “So I think the next big thing in crypto is which of these chains is going to get at least one…

Ethereum price started a fresh decline and traded below $1,750. $ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,820 zone. Ethereum Price Remains In Downtrend Ethereum price failed to remain stable above $1,840 and started a fresh decline, like…

Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds. Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesday. IBIT holdings fell about 71% from Q4 2025 to roughly 5.9 million shares valued at about $225 million, while FBTC dropped about 60% to around 2 million shares worth roughly $115 million. At the same time, Jane Street increased its exposure to Ether ($ETH)…

The crypto market just witnessed another major moment as the Dogwifhat Upbit listing goes live. Upbit stands as South Korea’s largest exchange, and its decisions often shape regional trends. When a meme coin enters such a platform, traders instantly pay attention. This listing has already triggered strong curiosity across the global crypto community. Dogwifhat started as a lighthearted internet meme, yet it continues to gain serious traction. Built on the Solana blockchain, it combines humor with fast transaction capability. The Dogwifhat Upbit listing now pushes this token into a more mainstream spotlight. Many investors now track its next move closely…

Last month, Rep. French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus, that tokenization was the next major agenda item and that crypto would continue to receive bipartisan support. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative After stablecoins and market structure, tokenization is the next major focus for the House Financial Services Committee, Chairman French Hill told CoinDesk last month. Why it matters The House Financial Services Committee is…