Author: NBTC

The value of the $ANSEM token holdings belonging to its founder, prominent crypto influencer Ansem, has surged past $71 million, according to data from blockchain analytics firm Lookonchain. The milestone was reached as the token’s price experienced a significant rally, drawing attention to the influence of high-profile individuals in the cryptocurrency market. Lookonchain Data Reveals Large Holdings Lookonchain reported on Tuesday that a wallet associated with Ansem holds approximately 604 million $ANSEM tokens. Based on current market pricing, this position is now valued at over $71 million. The firm’s on-chain analysis tracks publicly visible wallet addresses, providing transparency into the…

Sen. Elizabeth Warren (D-Mass.) expressed concerns on Sunday over the potential misuse of cryptocurrencies by America’s adversaries. Warren Says Crypto Legislation Will Make The Problem Worse Warren cited a Wall Street Journal report on X detailing how Iran-affiliated entities moved billions in transactions through CoinEx, a cryptocurrency exchange that . “More evidence that our adversaries exploit crypto to move billions,” the senior lawmaker said. Warren argued that the cryptocurrency legislation, i.e., the, would make the problem “worse” by creating new loopholes and urged Congress to strengthen the bill before passage. CoinEx Serving As A Conduit? The WSJ report noted that…

The immediate impact will fall on customers whose exchanges are withdrawing services, Fazel told CoinDesk Several exchanges, including Binance, have announced changes to their European services ahead of the July 1 deadline, while others continue seeking MiCA authorization or adjusting their products. “When a platform pulls back, users unfortunately absorb the shock, like a tenant being evicted by its landlord with no notice,” Fazel said. “People shouldn’t keep hunting for a new home. They should pick one built to stay.” “When you’re choosing a new home, the price is one thing.”But we need to look at the identity match, the…

Empery Digital commits $65M for a 25% stake in a Midwest AI data center project targeting up to 300 MW capacity. The firm continues reducing exposure to its Bitcoin treasury after sales and shareholder pressure, holding 2,914 $BTC. It is also phasing out its Bitcoin dashboard as it reallocates capital toward AI infrastructure and compute demand. Empery Digital has agreed to invest $65 million in a Midwest data center project focused on artificial intelligence workloads, signaling a shift in capital allocation after volatility in its Bitcoin treasury performance. Originally rebranded from Volcon Inc in 2025, Empery Digital expanded its Bitcoin…

The leading cryptocurrency, Bitcoin, recorded a weekly candlestick below its critical 200-week moving average (WMA) for the first time since October 2023. According to market experts, the 200-week moving average is historically considered the ultimate “line” separating bull and bear markets. Therefore, when Bitcoin falls below this level, it is accepted that there will be a change in the long-term trend, and it is predicted that this break could determine Bitcoin’s next price movement. Furthermore, Bitcoin also recorded its worst monthly close since June 2022. Despite Bitcoin falling by approximately 20% in June (its worst monthly performance since June 2022),…

The $ETH/$BTC ratio prices Ethereum in Bitcoin instead of dollars, stripping out the market-wide move so you can see which of the two is actually winning. Here is what the ratio measures, how to read it, what drives it, and why it has fallen to multi-year lows. Table of Contents What the ratio actually measures Why traders watch it How to read a rising or falling ratio A worked example Where the ratio has been, and where it is now What drives the ratio up and down How to use the ratio without overreading it Frequently Asked Questions The $ETH/$BTC…

India’s $USDT premium has turned local enforcement into a live price signal for dollar access. A stablecoin premium report said on June 29 that a supply crunch pushed India’s local premium above 8.5%, with $USDT quoted around INR 102.88 while USD/INR closed near INR 94.65. That spread is far above the usual 3% to 4% premium range cited in the report. It points to an India-specific shortage of accessible dollar-linked crypto liquidity, with the extra cost falling on buyers who still need rupee routes into $USDT. Global market data for Tether USDt showed the token trading around $1 on June…

Hyper Foundation will allocate about $10 million in grants to help builders affected by the USDH sunset. The funding is meant to cover migration and wind-down costs as the Hyperliquid ecosystem moves more trading activity toward $USDC. “Hyper Foundation announced approximately $10 million in grants to help builders affected by the USDH sunset, covering migration and wind-down costs,” Wu Blockchain said. The post said eligible recipients include HIP-1 and HIP-3 deployers, HyperEVM protocols, USDH bridges and Native Markets. Hyper Foundation Allocates $10M in Grants to Support USDH Migration Hyper Foundation announced approximately $10 million in grants to help builders affected…

Several firms have even asked if OXK, which obtained a MiCA license from Malta over a year ago, would acquire them, simply because they can’t afford the cost of compliance, he said. Do what it’s designed to do MiCA first took effect on June 30, 2024, with rules governing stablecoins. The full body of regulations kicked in six months later, though firms with existing registrations were grandfathered in until July 1 this year. MiCA licenses, issued by a national regulator, permit companies to operate throughout the European Economic Area (EEA), which comprises the 27-nation European Union as well as Norway,…

J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational companies to move money between countries at any hour of the day. The bank added the Australian dollar, Hong Kong dollar, Japanese yen, Chinese renminbi and Singapore dollar to Kinexys’ Blockchain Deposit Account network, a feature that lets clients move tokenized bank deposits over the platform. The new additions join the U.S. dollar, euro and British pound, giving institutional clients access to eight currencies for blockchain-based settlement and foreign exchange. The announcement comes as banks look…