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.
Bitcoin has continued to struggle, with the asset recently dropping below the $80,000 support level it had consolidated around for at least 12 days. Structural signals are building to support a bullish outlook on the chart, but liquidation risk in the perpetual market is throwing up meaningful short-term headwinds that traders cannot dismiss. HODLers hit a 14-month high Long-term holders, the group of investors known to hold Bitcoin [BTC] for at least 155 days without selling, could prove central to Bitcoin’s performance from this point. The Bitcoin HODL Bank, which measures the unrealized profit level among Bitcoin holders, has reached…
Ethereum recovered toward $1,700 after falling close to $1,500 during last week’s sell-off. The move eased immediate pressure, but price remains within a broader downtrend and has not confirmed a lasting reversal. Ethereum traded near $1,691 at the time of writing, up about 1.4% over 24 hours (per crypto.news data). The token moved between roughly $1,656 and $1,713. Its next direction may depend on whether buyers reclaim $1,900 to $2,000 or sellers force another test of $1,500. Ethereum price rebound remains below major resistance The latest recovery started close to the recent low rather than after a clear break above…
In early May, BlackRock (NYSE: BLK) CEO Larry Fink made a case against the existence of an artificial intelligence (AI) bubble while proposing the creation of a new asset class to address infrastructure constraints. Specifically, the billionaire identified a series of shortages the U.S. is facing, highlighting that there is a significant deficit of energy and computing power relative to the alleged and expected AI-driven demand. Fink speculated that buying futures of compute could prove a new asset class in the near future. “We’re short power, we’re short compute, we’re short chips,” Fink said before adding, “I actually believe a…
Axelar Completes Pioneering Won-Based Stablecoin Proof of Concept with XRP Ledger Korea and Hana Financial TI
Axelar (AXL) has successfully completed a proof of concept (PoC) for a won-based stablecoin, marking a significant step in South Korea’s digital asset evolution. This achievement, realized in partnership with $XRP Ledger Korea and Hana Financial TI, directly addresses the growing need for regulatory-compliant stablecoin infrastructure. The PoC tested the full lifecycle of issuing, distributing, and settling a stablecoin pegged to the South Korean won. Axelar Won-Based Stablecoin PoC: A Detailed Look According to a report from The Herald Business, the three organizations conducted this test to prepare for the potential formalization of stablecoin regulations in South Korea. The primary…
A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding $BTC prohibitively expensive for regulated banks. Key Takeaways: Senators urged regulators to revisit digital asset capital standards affecting banks. The disputed 1,250% risk weight can require capital equal to exposure. Potential rule changes could reshape institutional participation in bitcoin markets. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push to overhaul bank capital rules governing digital asset exposure. At the…
SpaceX (SPCX) Began Trading, but Binance and Other Major Cryptocurrency Exchanges Were Forced to Issue Statements One After Another
It has been reported that allocation issues are occurring for SpaceX Pre-IPO products offered through the tokenized stock platform xStocks. According to information from Kraken’s growth team, SpaceX Pre-IPO allocations from intermediaries fell short of expectations, while user demand significantly exceeded the available supply. Therefore, Kraken was only able to fulfill a portion of user orders. It was stated that the unfulfilled order amounts would be fully refunded to users. According to community feedback, all users who successfully received allocations on Kraken were given the same amount, 4.2786 SPCX. This development is believed to have also affected exchanges like Kraken,…
Flare co-founder Hugo Philion has confirmed that the team is exploring a LayerZero Decentralized Verifier Network. His remarks followed a community proposal involving FXRP and the Cardano ecosystem. Philion did not confirm that Flare plans to bring FXRP to Cardano. The discussion remains at an early stage, with no launch date, technical plan or formal partnership announced. Flare examines a LayerZero verifier network An $XRP community member suggested that Flare create an official LayerZero DVN. The user argued that the infrastructure could support a secure route for FXRP to reach Cardano-based applications. “Can’t comment on whether FXRP will go to…
On the surface, it looks like the market is currently rotating between metals and risk assets. From a technical angle, the $BTC/XAU ratio is already up 19% in Q2, marking its strongest quarterly performance since the Q2 2025 cycle. The key takeaway is that this move is happening while macro FUD is picking up again, suggesting Bitcoin is still attracting relatively stronger capital inflows compared to gold. That said, not everyone views this as a sustainable trend. As highlighted in the post below, Peter Schiff has described the recent sell-off in both gold and silver as a “buying opportunity.” This,…
Ethereum is trading around $1,674–$1,675, showing sustained selling pressure on the daily chart. The gap between current and previous prices represents months of lost momentum, broken supports, and underwater holders. The trend is clearly bearish. However, the question remains whether this marks a point of exhaustion supporting a bounce or a pause before further declines. ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. The Daily Timeframe Tells the Real Story On the daily chart, Ethereum is below its EMA20 ($1,877), EMA50 ($2,044), and EMA200 ($2,519), forming a bearish stack. Any bullish effort must overcome these resistances before reclaiming a…
Tokenized real-world assets could develop into a $14 trillion market by 2030 and eventually reach $55 trillion by 2035, according to BCG projections. According to that prediction, tokenization would rank among the biggest structural changes in the current financial system, affecting bonds, commodities, private credit, stocks, and other assets. Instituionalization of the field There is increasing pressure on conventional asset managers. While profit margins hardly change, assets under management are still growing globally. Institutional products became more commoditized, passive investing reduced fees, and competition grew more fierce. Distribution is turning into the primary battleground in that setting. BCG makes the…