Author: NBTC

Ethereum remains under pressure across higher and lower timeframes after failing to reclaim key resistance levels. The asset has broken below a multi-month bullish structure on the daily chart while continuing to trade inside a descending channel on the 4-hour timeframe. Meanwhile, sentiment data suggests that aggressive buyers remain largely absent. Ethereum Price Analysis: The Daily Chart On the daily timeframe, $ETH has decisively broken below the large ascending triangle structure that had developed between February and May. The move occurred after multiple rejections from the $2.4K resistance zone, which coincides with a major horizontal supply area and the former…

Prosecutors in Qingdao, China, have formally determined that Bitcoin qualifies as property under the country’s criminal law, marking a significant legal clarification in a case involving the theft of 107 Bitcoin. The ruling, reported by local Chinese media, sets a precedent for how digital assets may be treated in criminal proceedings within China’s strict regulatory environment. Case Details and Sentencing The defendant, identified by the surname Zhang, was sentenced to 10 years and nine months in prison and fined 100,000 yuan (approximately $13,800). According to court documents, Zhang obtained the victim’s cryptocurrency wallet recovery phrase and used it to transfer…

Macro conditions are driving investors’ long-term positioning this cycle more than anything else. While the ongoing West Asia crisis continues to weigh on assets, the broader macro volatility had already shaken the market long before that. The October crash, which sent Bitcoin down 30%, triggered a strong risk-off mood across crypto, with the current geopolitical uncertainty only adding another layer of pressure. Bitcoin’s [$BTC] price action reflects this clearly. The asset rallied to $77k after U.S. President Donald Trump said he would soon announce a deal with Iran, highlighting how closely $BTC continues to react to macro headlines. Source: TradingView…

Ethereum is testing the $2,000 psychological support level after falling roughly 32% in 2026 year-to-date, posting one of its worst first-half performances in years against a backdrop of macro headwinds, persistent exchange-traded fund (ETF) outflows, and a weakening $ETH/ $BTC ratio. Key Takeaways: Ethereum has dropped approximately 32.4% year-to-date (YTD) through May 2026, with Coinglass data showing heavy losses in January, February, and May. Spot $ETH ETF investors pulled roughly 9,000 $ETH on May 29 alone, adding sustained selling pressure near the $2,000 support zone. The Glamsterdam upgrade, targeting H1-Q3 2026, is expected to raise Ethereum’s gas limit by up…

A notable departure has occurred at the FED. The FED announced that Board member Stephen I. Miran has resigned from his position. According to the institution’s statement, Miran’s resignation will take effect at or immediately before Kevin Warsh is sworn in as FED Chairman. Stephen Miran began his term on the Federal Reserve Board of Governors on September 16, 2025, filling a vacant seat that was due to expire on January 31, 2026. Miran’s departure signals an acceleration of changes within the Fed’s leadership as the Kevin Warsh administration prepares for the new leadership. Related News On-Chain Data Detected: Circle…

Base memes are on the rise. Monthly volume just hit $2 billion. Total market cap sits at $314.5 million with average monthly volume steady at $2B. TYBG is the standout performer, up 84% in the past 7 days. $BRETT and $TOSHI are holding the top of the leaderboard with $78.7M and $77.6M market caps, respectively. The liquidity isn’t just hype anymore. It’s real, sustained, and showing up in the numbers. The State of Base Memes$2B monthly volume. $314.5M total mcap. The liquidity is real.$BRETT and $TOSHI holding the line. $TYBG up 84% in 7 days and leading the wave. 🟦👇…

Crypto-backed super PACs swept Tuesday’s primaries, with all 11 candidates supported by Fairshake affiliates advancing or winning their races, extending the industry’s electoral winning streak while revealing a strategy increasingly focused on cultivating Democratic allies rather than backing established crypto champions. The results spanned nine California congressional races, New Jersey’s 8th District, and South Dakota’s Senate primary. The roster included supporters of the CLARITY Act, the GENIUS Act and blockchain developer protections, as well as candidates who signed pro-crypto pledges through Stand With Crypto. Among the winners were California Democrats Zoe Lofgren, Ted Lieu, Dave Min, Lou Correa, and George…

AEON has added support for SPEI in Mexico, giving its payment network a much more direct link to the country’s local banking system and pushing its settlement layer a little deeper into the real world. SPEI, or Sistema de Pagos Electrónicos Interbancarios, is Mexico’s real-time bank transfer network and one of the most widely used financial rails in the country. By bringing it into its payment infrastructure, AEON is making it easier for people to pay merchants with crypto while still settling transactions through a system businesses already know and trust. The result is a checkout flow that feels far…

IREN (IREN) shares rose more than 4% in pre-market trading on Wednesday after the company announced plans for an 800-megawatt data center campus in South Australia, marking its first major Australian data center project. The agreement secures a high-voltage grid connection capable of supporting up to 800MW of power for the campus without requiring major network upgrades. IREN said the project remains on track for initial energization beginning in 2028, subject to regulatory approvals and other conditions. The site will also benefit from submarine fiber connectivity linking it to key Asia-Pacific markets, including Singapore, Indonesia, South Korea and Japan. Management…

Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before the broader downtrend resumes. While the market structure still favors sellers, the current positioning near key support and liquidity clusters could trigger a temporary bullish correction in the coming sessions. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, $BTC has entered a corrective phase after being rejected from the major supply zone around $82K-$84K, which also aligned with…