Author: NBTC

Bitcoin continued to trade under pressure on Monday as weakening market participation and persistent exchange outflows reinforced a cautious outlook for the cryptocurrency. Despite a recent rebound from key support levels, technical indicators suggest that bulls still face significant obstacles before regaining control of the broader trend. The cryptocurrency traded near $62,854, remaining below its major exponential moving averages. This positioning highlights continued bearish sentiment across the market. Moreover, Bitcoin has struggled to recover from its sharp decline following the May peak near $82,833. The selloff established a clear pattern of lower highs and lower lows, which continues to favor…

Jupiter’s Gacha platform recently reported $20M in volume generated in less than 10 days. This notable achievement, highlighted by the CryptoTwitter commentator @JupiterExchange, underscores a resurgence of collector interest in the $NFT space. The implications of this momentum could signal further growth opportunities for the platform. The Story So Far The broader crypto market currently reflects mixed signals, with varying momentum across key assets. However, Jupiter’s impressive Gacha volume indicates a specific uptick in collector engagement, suggesting renewed enthusiasm for $NFT ecosystems. This surge in activity may influence market dynamics, drawing more participants and increasing overall liquidity in the space.…

The combination of an age-old UFO enigma in America with the crypto world has led to the holding of Bitcoins in Roswell, the capital of New Mexico, USA. In this regard, on-chain analytics company Arkham Intelligence has drawn attention to the entity that apparently holds 0.173 $BTC, worth $13,312.52. The timing and location of the event seem to have sparked discussions suggesting that aliens might be quietly collecting their Bitcoin hoard. Roswell’s UFO legacy revisited through Bitcoin Roswell became a global interest in 1947 when the United States Air Force issued a report stating that they found a “flying disc”…

A Solana-based memecoin tied to the upcoming World Cup has seen a dramatic price increase over the past 48 hours. The token, WORLDCUP, surged approximately 130%, with its market capitalization climbing to $9.5 million before settling around $8.8 million, according to BlockBeats. Rally Coincides with Tournament Proximity The rally began over the weekend, drawing attention from crypto traders and sports fans alike. The World Cup is scheduled to kick off on June 12, which may be contributing to speculative interest in the token. While the coin has no official affiliation with FIFA or the World Cup organizing body, its name…

Maharashtra has advanced plans for a blockchain-based legal framework to tokenize immovable property, with Chief Minister Devendra Fadnavis directing officials to prepare draft legislation that could make the state the first in India to introduce such a law. According to a statement shared by Maharashtra Chief Minister Devendra Fadnavis on X, the state government has begun work on the proposed Maharashtra Digitisation and Exchange of Land Token Asset Act (DELTA Act), which is intended to create a legal framework for digitizing and exchanging tokenized interests linked to immovable property through blockchain technology. Unlocking Property Value through the DELTA Act!Chaired a…

Quantum computing threatens Bitcoin and crypto for one narrow reason: a powerful enough quantum computer could work backward from a wallet’s public key to its private key, then sign transactions and move the funds. The math that makes that reversal practically impossible for today’s computers does not hold up against a quantum machine running the right algorithm. That machine does not exist yet. But the conversation shifted this year. On June 22, President Trump signed two executive orders on quantum technology, one to build a powerful quantum computer and one to harden federal systems against quantum attacks. Three months earlier,…

The stablecoin market capitalization has climbed to about $322.5 billion, putting this corner of crypto in direct comparison with the financial firepower of nation-states. By that measure, the market is larger than the foreign exchange reserves of 95 sovereign nations, underscoring how far dollar-linked digital assets have moved beyond their early role as trading tools for crypto investors. That headline number matters because stablecoins are no longer a niche side product. Instead, they increasingly act like digital cash rails for the crypto economy, moving value quickly across exchanges, DeFi platforms, and blockchain networks without leaning on the banking infrastructure that…

Zcash has clawed back much of last week’s losses, rising about 45% from the low near $300 it hit Friday as developers proposed a fix for the flaw that triggered the sell-off. $ZEC traded around $437 on Monday, according to CoinDesk data, though it remains down roughly 22% over the week. The token plunged after Shielded Labs, a nonprofit developer on the network, disclosed a counterfeiting bug in Zcash’s Orchard pool, the part of the system that hides transaction details. The flaw, undetected since 2022, could have let an attacker create unlimited fake $ZEC without anyone noticing and withdraw tokens…

Hester Peirce announced the SEC’s Investor Advisory Committee meeting happening today, featuring discussions on corporate governance and tokenization. The meeting is crucial for stakeholders in the crypto space as it addresses significant regulatory matters. For further details, visit the official source here. The Key Development The broader crypto market continues to show mixed signals, reflecting the uncertainty in regulatory frameworks. Peirce’s announcement comes at a time when discussions around tokenization and corporate governance are becoming increasingly relevant. The SEC’s Investor Advisory Committee is expected to provide insights that could shape future policies impacting both traditional and digital asset markets. Investors…

In a significant development for the cryptocurrency space, Solana has achieved a notable milestone by surpassing major centralized exchanges such as Bybit, Coinbase, and Kraken in weekly decentralized exchange (DEX) trading volume. This achievement marks the third consecutive week that Solana has ranked second only to Binance, highlighting its growing influence in the crypto trading landscape. These developments were shared via a tweet from SolanaFloor. Inside the Move The recent data indicates a strong performance in Solana’s DEX trading volume, which has outpaced leading centralized exchanges. This trend suggests a growing preference among traders for decentralized platforms, potentially driven by…