Author: NBTC

Bitcoin has remained on the downside, frequently retesting its previous lows as the broad crypto market continues consolidating. Amid this, Bitcoin’s network activity has slowed significantly, as the number of active addresses on the Bitcoin network recently dropped below 500,000 according to data showcased by crypto analyst Ali Martinez. Bitcoin long-term holders show conviction It appears that short-term holders are increasingly growing weak and they are exiting the market as the analyst revealed that Bitcoin’s on-chain activity has cooled significantly over the past two weeks. Per the data, the number of active wallet addresses holding Bitcoin has dropped from 821,000…

In a groundbreaking move to advance the functionality of its DeFi ecosystem and offer users more innovative and streamlined experiences, Okratech Token, a blockchain platform with a focus on freelancing and decentralized finance, today entered into a strategic partnership with UXLINK, a Web3 social growth platform. This collaboration facilitated the integration of Okratech’s DeFi ecosystem with UXLINK’s decentralized social infrastructure (which includes Web3 social protocols and a series of DApps) to drive wider adoption of decentralized finance and digital asset utility by making these offerings more innovative, effective, and accessible for global users. 🤝 Okratech Token x UXLINKWe are excited…

Bankless co-founder David Hoffman said he sold his $ETH after reassessing the long-running “$ETH is money” thesis. In a May 26 X post, Hoffman wrote that Ethereum has earned its current market position, but he sees less room for $ETH to receive a new structural rerating from the market. Hoffman said the sale does not mean he has turned bearish on Ethereum. He said he remains bullish on the network and its ecosystem, while arguing that only part of that growth may flow back to $ETH itself. He framed the decision as a capital allocation move after concluding that “the…

A sitting president averaging roughly 40 trades per day is, to put it mildly, unusual. Donald Trump’s first-quarter financial disclosure reveals approximately 3,700 transactions, representing an estimated $220 million to $750 million in trading volume, a figure that has ethics watchdogs and market analysts reaching for their reading glasses. The bulk of the activity centers on large-cap US equities, with a pronounced tilt toward the technology and semiconductor sectors. Nvidia, Broadcom, and Intel all appear as new positions, with multiple transactions exceeding $1 million each. At the same time, the disclosure shows major reductions in holdings of Amazon, Meta, and…

Ripple’s $25 million education commitment reached classrooms nationwide, with most funding distributed in $RLUSD through grants supporting more than 48,000 DonorsChoose projects. The first-year results highlighted stablecoin use in nonprofit funding, teacher support, and student education programs. Key Takeaways: Ripple delivered most education funding in $RLUSD, supporting classrooms through major nonprofit partnerships. DonorsChoose funded 48,108 projects, with most serving schools in low-income communities. Teach For America expanded stipends, tutoring, and blockchain education for students nationwide. Ripple’s $RLUSD Grant Shows One-Year Stablecoin Impact Ripple published an insight on May 7 detailing how its $25 million education commitment reached classrooms across the…

A senior White House advisor on cryptocurrency policy has stated that the proposed CLARITY Act would address approximately 90% of the regulatory conditions sought by the digital asset industry. Patrick Witt, who serves as a cryptocurrency advisor within the White House, made the remarks in a recent discussion, as reported by Cointelegraph. What the CLARITY Act Proposes The CLARITY Act, short for “Crypto Law and Regulatory Integrity for Tomorrow,” is a legislative framework aimed at providing clearer guidelines for digital asset companies operating in the United States. The bill seeks to establish federal definitions for tokens, exchanges, and stablecoins, while…

Disclosure: The author of this story owns shares in Strategy (MSTR).Strategy (MSTR), the world’s largest corporate holder of bitcoin , repurchased $1.5 billion of its 0% convertible senior notes due 2029 last week for $1.38 billion, opting to reduce debt rather than add to its bitcoin treasury, according to a filing released Tuesday. The company funded the repurchase using cash reserves, bringing those reserves down to about $871 million following the debt repurchase and related capital transactions. Executive Chairman Michael Saylor referenced the move on Sunday in a post on X, writing: “This week we bought bonds, not bitcoin. The…

A dormant whale move usually triggers one of two reactions: FUD or a reassessment of conviction. Recently, whale trackers flagged an Ethereum whale moving 2,000 $ETH after 10 years of inactivity. From a technical standpoint, moves like this often signal either potential distribution or a dip in conviction, especially when you factor in $ETH’s price action and recent market structure. As the chart shows, $ETH/$BTC has now closed 13 straight 3-day candles in the red for the first time in history. Ethereum has clearly sustained underperformance against Bitcoin over an unusually extended period. Source: TradingView ($ETH/$BTC) Notably, Ethereum’s [$ETH] ROI…

Japan is preparing to make cryptocurrency investing easier for ordinary people as some of the country’s biggest brokerage firms move to launch crypto investment trusts and exchange-traded products. SBI Securities and Rakuten Securities are already developing in-house crypto investment products, while other major financial companies are waiting for the government to finalize new regulations. The move could reshape how retail investors in Japan access digital assets like Bitcoin and Ethereum, allowing them to invest through regular securities accounts rather than crypto exchanges. Why are Japanese brokerages rushing into crypto trusts? 11 major securities firms are considering implementing cryptocurrency investment trusts,…

Loracle, an on-chain investor trading on Hyperliquid, a prominent platform in the cryptocurrency derivatives market, topped the weekly profit rankings with gains exceeding $11 million in the past week. The investor’s early long positions, particularly in $ZEC and $TON, were noteworthy. According to the shared data, Loracle’s biggest gains in the last seven days came from $ZEC and $TON long positions and crude oil short positions. The fact that the investor closed both WTI and Brent oil short positions at the previous day’s lows led to comments in the market regarding the success of the timing. Related News Experienced Analyst…