Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Blockchain.com said it confidentially filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The number of shares to be offered and the proposed price range have not yet been determined, according to an announcement on Thursday. A confidential filing allows companies to begin the SEC review process before publicly disclosing financial details tied to the listing. The IPO remains subject to market conditions and completion of the SEC review process. Blockchain.com is a cryptocurrency financial services company that offers a range of products tied to digital assets, including a crypto exchange, wallet…
Hyperliquid has officially overtaken Solana in fully diluted valuation (FDV) of roughly $54.57, marking one of the biggest shifts in crypto market this year. The milestone comes as Hyperliquid continues dominating decentralized perpetual futures trading while most major altcoins still struggle far below their previous highs, Hype toke is just 2% away from its ATH price. So, what’s driving Hyperliquid upwards? Let’s find out. Hyperliquid Growth Accelerates Rapidly According to Arkham data on May 21, $HYPE reached a fully diluted valuation of roughly $54.57 billion while trading near $58. That slightly pushed it ahead of Solana’s FDV, which stood around…
Prediction market provider Polymarket filed to list parlays in sports event contracts in the U.S. on Wednesday, according to a self-certification filing with the Commodity Futures Trading Commission. Polymarket filed to list “combinatorial outcome contracts” on Wednesday, describing these event contracts — the official term for prediction markets — as combining two or more underlying contracts. Moreover, all of the underlying contracts would have to settle to the specific outcome that the user sets. “Every outcome must be satisfied for the Contract to resolve to $1.00. The Contract resolves to $1.00 if and only if every leg is satisfied. If…
Cross River Bank, a U.S.-based financial institution that integrated Ripple’s payment protocol in 2014, has appeared in beta materials linked to X Money’s Visa Debit and Flex card structure. The move has drawn attention from the $XRP community because of the bank’s earlier connection to Ripple, although no public material has confirmed support for $XRP, Ripple, RLUSD, or blockchain-based settlement within X Money. Based on the information, the current X Money beta structure points to regulated banking and card infrastructure rather than confirmed crypto payment functionality. Cross River Bank Listed in X Money Beta Materials Beta images connected to X…
Bitcoin pushed toward $78,000 but lost momentum as macro pressure returned and crypto traders turned their attention toward Michael Saylor for a very different reason. An AI-generated video featuring Strategy executives quickly circulated on crypto X, drawing widespread ridicule. The clip transformed a May 20 interview featuring Michael Saylor, CEO Phong Le, and host Natalie Brunell into a neon-colored rave filled with flashing “HODL” and “CRINGE” graphics. Let me recap the Q&A. $MSTRpic.twitter.com/5MpBwsFRrm — Michael Saylor (@saylor) May 21, 2026 The reaction was immediate, with traders calling it “AI slop,” “peak cringe,” and a local top signal for Bitcoin. One…
Babylon Labs has proposed a new Aave V4 integration that lets users borrow against native Bitcoin collateral without relying on wrapped $BTC, bridges, or custodians. The proposal, submitted as a temperature check on the Aave governance forum, seeks community approval for two custom Aave V4 “Spokes” that would onboard Bitcoin through Babylon’s Trustless Bitcoin Vaults [TBV] system. Under the model, users lock $BTC directly on the Bitcoin network through Taproot-based vault scripts while borrowing assets on Ethereum through Aave V4 infrastructure. Babylon said the system avoids traditional wrapped Bitcoin designs by keeping the underlying $BTC on Bitcoin itself. Aave founder…
Peer-to-peer trading startup Variational raises $50 million for real-world perps in funding round led by Dragonfly
Variational, a peer-to-peer onchain derivatives trading protocol, said it raised $50 million in a round led by global investment fund Dragonfy with participation from companies including Bain Capital Crypto and Coinbase Ventures. The money will be used to expand the Cayman Islands-based company’s derivatives trading services, it said in a statement released Thursday. The raise comes just as Variational introduces perpetual futures tied to real-world assets (RWAs) such as gold, silver, copper and West Texas Intermediate (WTI) crude oil. “We believe RWA perpetuals will soon be the biggest contract class in decentralized finance (DeFi), bigger than bitcoin and ether combined,”…
Bloomberg Analyst James Seyffart Comments on the Reason Behind the ATH for the Hyperliquid (HYPE) and How Bitcoin Is Expected to Perform This Summer
The cryptocurrency and traditional finance markets are going through a turbulent period with institutional ETF initiatives and new divergences within the ecosystem. Bloomberg ETF Analyst James Seyffart, a guest on the Wolf Of All Streets program, made striking assessments regarding institutional adoption, new altcoin ETFs, and SpaceX’s highly anticipated initial public offering (IPO). Morgan Stanley continues to increase its presence in the cryptocurrency market. The bank recently filed an updated application for a spot Solana ETF, which will trade under the ticker symbol “MSOL”. The most notable feature of this ETF is that, unlike Ethereum ETFs, it will directly incorporate…
Hester Peirce will leave the SEC in November 2026 to join Regent University School of Law as professor. Regent University School of Law announced on May 19 that Hester Peirce will join its faculty as associate professor starting in November 2026. The announcement signals Peirce is winding down her time at the SEC after more than seven years as commissioner. “Greg Jacob and Hester Peirce have served at the highest levels of law, government, and public life,” said Dean S. Ernie Walton. “Their decision to join Regent Law full time is a remarkable blessing for our students.” What Peirce built…
Galaxy Digital said Monday that New York regulators granted the company a BitLicense and money transmitter license, allowing the crypto financial services firm to expand institutional digital asset operations in one of the industry’s most tightly regulated markets. The approval from the New York State Department of Financial Services authorizes GalaxyOne Prime NY, the company’s New York entity, to offer regulated crypto trading and custody services across the state. Galaxy said in a press release that the move gives New York-based institutions — including hedge funds, registered investment advisors and family offices — access to its digital asset platform, which…