Author: NBTC

U.S. stocks opened higher in a modest risk-on move, led by AI‑linked storage names like Micron and Western Digital, even as PayPal dropped about 10% on weak profit guidance. U.S. equities opened in the green, with the Dow up 0.45%, the S&P 500 up 0.57%, and the Nasdaq up 0.76%, reflecting a modest risk-on tone across blue chips, large-cap growth, and tech. The move comes after a choppy few weeks in which investors have been trading off between hotter-than-expected inflation prints and strong earnings from mega-cap tech, leaving the major indexes near recent highs but with elevated single-stock dispersion. Indexes…

Bitlayer (BTR) plunged 78% amid heavy selling and liquidations, while trading volume surged over 648%, highlighting extreme volatility and market reaction. BTR may face further downside toward $0.031 short term, as weak sentiment and profit-taking persist despite long-term recovery potential. Bitlayer (BTR), a Bitcoin Layer 2 project built on BitVM, has seen a nearly 78% drop over the past 24 hours, now trading around $0.041. The project, backed by investors such as Polychain, Franklin Templeton, and Framework Ventures, with roughly $25 million in funding, is now facing sudden selling pressure. Despite the sharp decline, trading activity has surged. Daily volume…

Perpetual futures have grown into a market capable of clearing $86 trillion in annual volume on centralized exchanges alone, sparking the interest of South Korea’s top bourse operator. Korea Exchange (KRX) Chairman Jeong Eun-bo announced that the exchange will pursue digital asset derivatives products and transform the port city of Busan into a global hub for crypto-linked futures trading. Which South Korean exchanges offer crypto derivatives? During a ceremony marking the 30th anniversary of South Korea’s derivatives market, held at the Lotte Hotel in Busan, the Korea Exchange’s (KRX) Chairman Jeong Eun-bo told attendees that the exchange would “actively push…

As part of efforts to advance the way users access on-chain information with improved availability, scalability, and stability of decentralized applications, Token Terminal, a crypto data analytics platform, today entered into a strategic partnership with Aether Network, a modular blockchain platform that has expertise in easing the processing of decentralized applications. The collaboration enabled Token Terminal to integrate Aether Network’s modular blockchain infrastructure to provide its crypto analytics platform with better executions, secure communication, and strong multichain transaction capabilities. Token Terminal is an established cryptocurrency analytics platform that has expertise in converting raw blockchain data into on-chain intelligence, providing investors…

Bitcoin has jumped 2% this week, but shaky demand-supply dynamics and rising “real” interest rates could limit the rally. Last week, CoinDesk noted that inflows into spot ETFs have cooled, pointing to renewed institutional apathy. Further, stablecoin growth has stalled, signaling a lack of fresh fiat inflows. The figures look alarming compared to the supply or the daily issuance of $BTC from mining activity. On average, about 450 new $BTC are mined each day under the current issuance schedule based on the protocol producing a new block roughly every 10 minutes, with a reward of 3.125 $BTC per block since the April 2024…

Treasure Global Inc. (NASDAQ: TGL), a Malaysia-based technology company, announced that it created an Ethereum-based Digital Asset Treasury today, May 7. It also named BitGo as its custody provider. The company plans to start with an initial deposit of approximately $176,000 in $ETH. According to its press release, the company plans to use the treasury framework over time to support capital deployment of up to $100 million. However, that figure is conditional, as the release specified that deployment would be “subject to market conditions and strategic opportunities.” Who is Treasure Global, and why did they start buying Ethereum? Treasure Global…

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein. In a Tuesday research note, the firm reiterated its “Outperform” rating on Figure (FIGR), with a $67 price target, implying roughly 67% upside from current levels, and maintained its previous outlook. Figure Technology Solutions (FIGR) stock. Source: Yahoo Finance Bernstein’s thesis centers on Figure’s transition from a home equity line of credit (HELOC) originator into a broader platform spanning blockchain infrastructure and AI-driven credit markets. A key…

Bitcoin (BTC) and altcoins rose yesterday following US President Donald Trump’s announcement of talks with Iran and a five-day pause in operations targeting Iran’s energy infrastructure. As Bitcoin climbed above $71,000, altcoins continued their upward trend. This situation also spurred whales into action, resulting in new purchases of Ethereum ($ETH) and many altcoins. According to Lookonchain, a cryptocurrency analysis platform, whales have been buying Ethereum and altcoins. Accordingly, whales were the first to target Ethereum. In the last two hours, three newly created wallets purchased 54,763 $ETH worth $118.24 million from Binance. A new wallet named “0x8315” was created and,…

A significant transfer has occurred in the cryptocurrency market. According to on-chain data, a wallet reportedly linked to Garrett Bullish deposited 166,000 ETH into Binance after approximately two months of inactivity. The transfer, worth approximately $395 million, has triggered selling pressure in the market and fueled speculation about possible strategic moves. Garrett Jin, who emerged as the key figure behind the transfer, has a history that has resurfaced due to controversial events in the cryptocurrency sector. A 2008 graduate of Boston University’s Economics department, Jin began his career at China Construction Bank. In 2012, he founded Da Yo Trading, based…

Faston Crypto Etherions has been generating search traffic since late 2024, but the project remains poorly understood by most of the people looking it up. The name is part of the confusion — it blends references to Ethereum, a “Faston” protocol, and digital creatures called Etherions, without an obvious single definition. This guide untangles what EFC actually claims to be, what its technology is supposed to do, and where significant questions remain unanswered. What Is Faston Crypto Etherions? Faston Crypto Etherions — commonly abbreviated as EFC — is a blockchain-based ecosystem that combines three components: a native cryptocurrency token, a…