Author: NBTC

Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an important role in maintaining network security and decentralization, the data suggests that profitability remains difficult across major proof-of-work networks. Growing Pressure on Miners Alphractal’s Mining Equilibrium Index compares miners’ average revenue per hash over 30 days against the 365-day average. Readings above 1.0 signal above-average profitability, while values below 0.5 point to stressed conditions for miners. Among the four largest proof-of-work assets…

Polygon gives developers a framework to build and launch their own blockchains that connect back to the Ethereum network. These chains are not forks or copies of Polygon itself. They are independent networks that projects control entirely, built using Polygon’s Chain Development Kit, known as the CDK. As of 2026, Polygon has repositioned CDK from a self-serve open-source toolkit into a managed, enterprise-grade service, with real deployments running at scale from OKX, Immutable, and Astar Network. What Is the Polygon CDK? The Polygon CDK is a framework that lets teams build custom blockchains secured by zero-knowledge proofs and settled on…

Bitcoin ($BTC) is approaching two major resistance zones that could determine its next market direction, according to cryptocurrency analyst Michael van de Poppe. In an X post on May 9, the analyst identified the first key resistance area between $86,000 and $88,000, while the second and more significant zone sits between $93,000 and $95,000, aligning with Bitcoin’s 50-week moving average (MA). Poppe noted that in previous market cycles, including 2017, 2021, and 2024, Bitcoin’s initial recovery rallies often faced rejection near former support levels or the 50-week moving average before establishing a sustained uptrend. He suggested the current setup is…

In a strategic move to unleash advanced capabilities of Web3 applications for crypto users, Kuvi Labs, an AI-driven cryptocurrency platform, today entered into an important partnership with AstroX Finance, a cross-chain, livestream-powered Web3 platform. This collaboration enabled Kuvi to connect its AI-driven crypto interface with AstroX’s livestream token launch platform to allow application bridges between their respective networks to empower users. Kuvi is an AI-powered crypto platform aiming to make digital asset transactions seamless for users through access to AI assistants. On its interface, users simply express complex financial intent in typing (message) or by saying a few words, and…

A new whale is causing a stir in the cryptocurrency market after taking out about $21.7 million in assets from the institutional trading platform FalconX. These assets included $7.3 million in Hyperliquid [$HYPE], and $14.4 million in Ethereum [$ETH]. That said, the investor amassed $ETH close to a recent local low, and entered $HYPE during its peak. Source: Arkham Within 24 hours, the position was already displaying an unrealized gain of about $400,000, despite the divergent entry points. This suggests that prices were still moving in the whale’s favor. Given that FalconX primarily serves high-net-worth and institutional clients, such significant…

A tokenized SpaceX IPO offering on Bitget Wallet attracted $13 million in commitments within 30 minutes this week, highlighting growing demand for onchain access to some of the world’s most sought-after private and public market opportunities. The offering initially launched with a $3 million allocation through xStocks, but demand quickly exceeded available supply. Bitget Wallet expanded the allocation to $13 million, which was fully subscribed within the same half-hour window. The subscriptions were made entirely on Solana using USDT and USDC from self-custodial wallets. The speed of the raise offers another signal that crypto investors are increasingly looking beyond tokens…

$XRP Adoption Narrative Expands Beyond ETF Speculation Speculation surrounding a potential Blackrock $XRP ETF has resurfaced after Jake Claver, chairman of Digital Ascension Group, suggested the asset manager could eventually launch such a product. His comments also pointed to broader XRPL adoption and institutional discussion around digital asset infrastructure as factors supporting $XRP’s outlook. The comments came during a June 15 interview with Deep Dive Podcast host Rachel Wolfson. Claver also founded Digital Wealth Partners, manages Syndicately’s SPV investment platform, and works with high and ultra-high net worth families navigating digital asset investments. Emphasizing his bullishness on $XRP, he predicted:…

A research project run by Columbia University professors on GPU servers located more than 5,000 miles away in Paraguay has produced a result that HIVE Digital Technologies (Nasdaq: HIVE) is calling a proof of concept for the future of distributed AI infrastructure. HIVE Digital, a publicly listed data center and digital asset mining company founded in 2017 and traded on both the TSX and Nasdaq, announced on June 22 that it has completed its first AI research collaboration with Columbia University’s Department of Industrial Engineering and Operations Research. The research has been submitted to the Conference on Neural Information Processing…

Matrixdock, a platform specializing in the tokenization of real-world assets (RWAs), has launched its tokenized gold product, XAUm, on the Stellar network. The announcement, made on June 24, marks a significant expansion for the company, which is seeking to bring traditional commodities deeper into the decentralized finance (DeFi) ecosystem. Expanding into the Stellar Ecosystem The integration of XAUm on Stellar is not merely a listing. Matrixdock has outlined plans to embed the tokenized gold into the network’s core DeFi infrastructure. This includes connecting XAUm with Stellar’s decentralized exchange (DEX) liquidity pools and its lending markets. By doing so, the company…

Global markets are entering a major week filled with inflation reports, geopolitical developments, and central macroeconomic data. Traders are closely watching new comments from Iran alongside upcoming U.S. economic releases. The Kobeissi Letter reported that Iran sent a response to a U.S. proposal through Pakistani mediators. Shortly afterward, Iranian President Masoud Pezeshkian stated that negotiations would not represent surrender. Iran comments add to market uncertainty According to statements shared by The Kobeissi Letter, Pezeshkian said Iran would “never bow” to external pressure while defending national interests during talks. “Dialogue does not mean surrender or retreat” remains the central quote drawing…