Author: NBTC

Bitcoin traded above $82,000 during the previous business week, but it was violently rejected and dropped by over seven grand in the following days to a monthly low of $75,000 marked during the night. Here are some of the possible reasons behind this correction. Trump Media, Cuban Sell Off CryptoPotato reported yesterday that one of the wallets linked to the Trump-family-operated Trump Media Group had sent over $200 million worth of the cryptocurrency to exchanges, with the likely intention to sell. They did something similar four months ago and are deep in the red on their $BTC position, which was…

Ethereum [$ETH] was testing the $2,095–$2,138 Fibonacci golden zone at press time after a recent selling spree. Rising whale supply on exchanges suggests profit-taking, but a sharp drop in withdrawals points to shifting holder behavior. Price drifts into a technically critical zone $ETH’s recent pullback has brought its price into the $2,095–$2,138 range—a zone under market players’ radar in anticipation of potential reversals. The zone aligns with the Fibonacci golden range, which tends to attract buyers when the broader structure remains intact. The move into this range followed a normal curve and has not been abrupt. The price action reflects…

Japan’s ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called the “Next-Generation AI/On-chain Financial Concept,” the plan outlines a five-year roadmap to combine artificial intelligence with blockchain technology across Japan’s financial system. The proposal aims to reduce dependence on foreign payment networks and rapidly growing U.S. dollar stablecoins like USDT and USDC Japan Wants to Build an AI-Powered Financial System The proposal is heavily focused on “agentic commerce,” where AI systems independently make economic decisions and complete payments automatically. Under the plan, AI agents could eventually manage supply…

Crypto analytics platform CryptoQuant has noted a renewed increase in activity in the $XRP futures market. According to data shared by the company, the amount of open interest for $XRP on Binance has risen to approximately $488.3 million, reaching one of the highest levels in the last two months. According to CryptoQuant data, open interest in the $XRP futures market showed a steady increase throughout May. The indicator approached $500 million in mid-May, recording its highest level since March. Although there was a limited pullback afterwards, the amount of open interest remained high compared to previous periods. Related News Donald…

In South Africa crypto regulation news, the National Treasury and the South African Reserve Bank extended the public comment deadline for draft Capital Flow Management Regulations from May 18 to June 30, 2026, following sustained industry backlash over proposed penalties, search-and-seizure provisions, and the forced-disposal language in Regulation 8. The extension applies to the first major overhaul of South Africa’s exchange-control framework since 1961, a draft that formally pulls crypto assets into the same regulatory perimeter as foreign currency and gold. The extension directly affects crypto exchanges registered with the Financial Sector Conduct Authority, cross-border payment providers with ZAR-denominated exposure,…

In brief OKX is rolling out regulated perpetual futures tied to ICE’s Brent and WTI benchmarks for non-U.S. traders. The move intensifies competition with Hyperliquid, the leading decentralized platform for such derivatives. The rollout coincides with a DOJ and CFTC investigation into suspicious, pre-announcement oil bets. Traders located outside the U.S. are gaining access to crypto-native derivatives modeled on Intercontinental Exchange’s energy benchmarks, OKX said in an announcement on Friday, underscoring Wall Street’s efforts to counter Hyperliquid’s rapid rise. The international crypto exchange and New York Stock Exchange parent are targeting traders in the UAE, Europe, Australia, and Singapore, billing…

Asset manager Grayscale says that the small group of blockchains already dominating decentralized finance (DeFi) and tokenized assets, Ethereum, Solana, $BNB Chain, and Canton Network, are best positioned to absorb the first wave of institutional capital once the United States passes the CLARITY Act, its long-promised crypto rulebook. The CLARITY Act cleared the Senate Banking Committee on a 15-9 vote on May 14. Now it requires a full Senate floor vote, House reconciliation, and a presidential signature. However, the current calendar is posing as another constraint. In a May 21 post, Cryptopolitan reported that the bill will now be competing…

Bitcoin trades at $75,860 on May 23, sliding below $76,000 as the US House introduces a bill locking government $BTC for twenty years, ETFs post their sixth straight outflow day, and longs absorb over $350M in liquidations in a single 24-hour window. Bitcoin Daily Chart: Channel Broken, $73,500 Is the Last Floor Bitcoin Daily Price Action (Source: TradingView) $BTC broke the ascending channel from the April lows and has rolled over sharply since. Price sits at $75,860, below all four EMAs. The 200 EMA at $81,549 is the macro ceiling. MACD is in a bearish cross with the fast line…

Treehouse, a DeFi portfolio analytics platform, has introduced tHYPE, a liquid staking token designed for the Hyperliquid network. The launch marks the third addition to Treehouse’s tAsset suite, following tETH and tAVAX, and is engineered to generate returns through interest rate arbitrage strategies. Expanding the tAsset Ecosystem tHYPE operates as a liquid staking token, allowing users to stake their Hyperliquid assets while retaining liquidity for other DeFi activities. Unlike traditional staking, which locks tokens for a fixed period, tHYPE enables holders to trade, lend, or use their staked positions as collateral without sacrificing staking rewards. Treehouse’s existing tETH and tAVAX…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.09% today against the US Dollar Ethereum is currently trading 10.45% below our prediction on May 27, 2026 Ethereum dropped -13.54% in the last month and is down -21.90% since 1 year ago $ETH price is expected to rise by 11.31% in…