Author: NBTC

Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated. CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains. However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling. “Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble…

Uncertainty continues in the Clarity Act process, one of the most important legislative bills aimed at regulating cryptocurrencies in the US. At this point, the passage of the Clarity Act, also known as the Transparency Act, is eagerly awaited, and US President Donald Trump has also called for its enactment. At this point, Donald Trump, in a post on Truth Social, pointed out that many countries, including China, were trying to get their hands on this “important financial event.” He added that the US is currently in a leading position, but it should not allow China to win in either…

Binance Wallet, the official crypto wallet of the crypto exchange Binance, has launched an exclusive upgrade set. The new upgrades attempt to enhance trading efficiency, user access to information in real-time, and market discovery. As Binance Wallet revealed in its official X announcement, the update lets users leverage many enhancements across decentralized trading, prediction markets, meme token analysis, and tokenized securities. Hence, the move permits users to view company-related news in real time to stay informed while remaining within the wallet interface. 🫡 Check out the latest updates in #Binance Wallet!• View real-time company news on Tokenized Securities detail page•…

Bitcoin climbed above $63,000 in U.S. morning hours Saturday, up 1.4% over 24 hours and 3.6% on the week, per CoinDesk data, its highest in two weeks and a full reversal of the losses that closed out June. $XRP led the day’s majors, up 5.3% to $1.18 and nearly 10% on the week, a move that lifted it past the USDC stablecoin to fifth place by market value at about $73 billion. The gain came alongside onchain data showing $XRP holders at their deepest average losses on record – the kind of washed-out positioning some traders buy against. Ether added…

Ethereum’s best marketing line was that using it destroyed it, that every transaction burned $ETH and shrank the supply. Then the network solved its scaling problem, activity fled to layer 2s, and the burn collapsed. The scaling worked. The scarcity did not survive it. For about eighteen months, Ethereum had the best story in crypto, and the story was a paradox: the more people used the network, the rarer its token became. Every transaction burned a little $ETH, and when the network was busy enough, it burned more than it created. Supply went down. The community called it ultrasound money,…

Monthly venture deal count in crypto fell to roughly 50 deals in May, a level last seen in the pre-2021 era when the industry was a fraction of its current size. The compression is visible across nearly every category in the chart, with Infrastructure and Crypto Financial Services, historically the two most active buckets, both tracking near multi-year lows. The decline reflects a combination of factors. Investor attention has broadly shifted toward AI, pulling capital and mindshare away from crypto ventures at a structural level. Simultaneously, the crypto space has struggled to produce the volume of compelling early-stage opportunities that…

The ethics provision is among the final sections of the Clarity Act that need to be ironed out if the bill is to advance to a Senate floor vote. The clock is running out on getting the legislation approved, and industry insiders are anxiously awaiting the latest draft of Clarity, which they expect in the next couple of days. But it isn’t expected to have completed language on this section and a couple of other points also still being debated. Earlier, bipartisan discussions had covered the possibilities of extending ethics implementation to a later period that might not impose immediate…

Japanese convenience store operator Lawson will test payments with the yen-denominated JPYC stablecoin in early August. The company will run the trial at its Takanawa Gateway City store in Tokyo’s Minato Ward. HashPort, a digital asset wallet provider, will support the payment system and process balance changes linked to purchases. Lawson described the project as Japan’s “first” stablecoin payment trial connected directly to a point-of-sale system. That claim comes from the company and the test has not yet started. Lawson has not announced a chainwide launch. Japan’s Top-Three Convenience Store Chain Lawson to Launch Country’s First POS-Integrated Stablecoin Payment TrialJapan’s…

In a recent social media post, Phong Le, CEO of Strategy (Nasdaq: MSTR), described Bitcoin as a powerful symbol of freedom, drawing a direct comparison between the cryptocurrency and the United States as a land of opportunity. Le’s comments, shared on X, frame Bitcoin not just as a digital asset, but as a foundational tool for monetary liberty. Bitcoin as the ‘America of Money’ Le articulated his vision by likening Bitcoin to the ‘America of money.’ He explained that just as the United States offered his family freedom and the chance to pursue the American Dream, Bitcoin provides a similar…

Since falling below $1,900, Ethereum has faced rising bearish pressure. The altcoin extended its decline to $1,800. At press time, $ETH traded around $1,843 after gaining 0.35% over 24 hours. It remained up 2% weekly. With Ethereum struggling to maintain upward momentum, some whales appeared to be reducing their exposure. Why did this whale sell 30K $ETH? Ethereum [$ETH] whales showed signs of increased distribution amid prolonged market weakness. Onchain Lens reported that one whale sold 30,000 $ETH worth $55 million through Galaxy Digital’s over-the-counter desk. The wallet exchanged the $ETH for USDC before depositing the funds into Coinbase. The…