Author: NBTC

Ethereum has slipped below the key $1,800 level after renewed U.S.-Iran military escalation pushed oil prices higher and sent investors out of risk assets, although buyers continue to defend support near $1,750. According to data from crypto.news, Ethereum ($ETH) price traded around $1,775 during Monday’s session, down roughly 3.6% from its daily high of $1,837 after fresh U.S. strikes on Iran reignited fears of a prolonged Middle East conflict. Crude oil jumped about 4% to above $74 a barrel as Washington and Tehran exchanged missile strikes while tensions around the Strait of Hormuz intensified. The renewed geopolitical risk revived concerns…

Spiko Finance has officially launched its SAFO tokenized money market fund on the Solana blockchain, as announced via a tweet from SolanaFloor. This fund, valued at $800 million, aims to provide corporations and financial institutions with an efficient cash-equivalent investment vehicle. The Story So Far The launch of the SAFO fund represents a significant development in the tokenized finance sector. With Spiko’s platform, businesses can now access euro- and dollar-denominated funds without the need for traditional custodial accounts. This innovation is bolstered by Solana’s high-performance infrastructure, which allows for fast transaction finality and near-zero fees. The implications of this launch…

A network proves its strength by processing transactions efficiently. Solana’s latest milestone reinforces that. With the Alpenglow upgrade, Solana reduced finality to 100–150 ms, allowing the network to confirm transactions instantly and move closer to Web2-level responsiveness. Notably, those improvements are already translating into higher network activity. As the chart below shows, Solana processed 1 billion non-vote transactions over the past week, marking the first time the network has crossed that threshold. The milestone underscores Solana’s ability to sustain high throughput at scale. Source: Blockworks To put the milestone into context, it’s worth comparing Solana’s [$SOL] execution performance with other…

Bitcoin continues to recover from its recent sell-off, but the market remains trapped beneath a major resistance cluster that has capped every relief rally since the June breakdown. While short-term momentum has improved, $BTC is now approaching a decisive area where the next move could determine whether the recovery evolves into a larger trend reversal or remains a corrective bounce within a broader bearish structure. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin remains in a clear downtrend, trading below the 100-day and 200-day moving averages, both of which continue to slope lower. The recent recovery from…

Ethereum [$ETH] failed to hold the $1.8k level and dropped to a low of $1,773 before making slight gains. As of this writing, Ethereum was trading around $1,780 after dropping 1.26% on the daily chart. Amid this market volatility, traders on both sides are staging a fierce battle seeking to retake the market. Ethereum: Bears and bulls fight for market control As Ethereum failed to maintain its upside momentum, with $1.8k turning into stubborn resistance, traders have taken notice. As a result, high-net-worth investors have deployed significant capital to open both short and long positions. According to Lookonchain, a trader…

Willy Woo recently prompted Gemini and Grok to evaluate the yield potential of Strategy’s $STRC investment instrument. Both entities concluded that the previously suggested yield of 11.5% significantly undervalues the associated risks, with Grok estimating returns between 17-22% APY and Gemini providing a slightly lower estimate of 16% APY. This assessment has captured the attention of the crypto community, as noted in Woo’s tweet. What Happened The broader crypto market is currently experiencing mixed signals, with fluctuations in major assets contributing to varied investor sentiment. Gemini’s analysis on $STRC could serve as a critical indicator for traders considering yield-bearing investments.…

$PYTH gained more than 25% over the past week, outperforming most large-cap altcoins. The Pyth Core upgrade on July 31 ends free, permissionless access to the network’s price feeds. All subscription revenue flows to the Pyth DAO, which funds monthly open-market token buybacks. Santiment ranks Pyth among the top three Solana ecosystem projects by development activity. Pyth Network’s native token has climbed more than 25% over the past seven days, trading around $0.045 with a market capitalization of $355 million, according to CoinMarketCap data. The rally comes three weeks before the Pyth Core upgrade goes live on July 31, a…

Large crypto traders are maintaining bullish leveraged positions on Bitcoin and Ethereum despite selling pressure from Michael Saylor’s Strategy. On X, blockchain analytics platform Lookonchain highlighted several high-leverage positions opened by whale wallets. The activity comes as Strategy continues reducing its Bitcoin holdings and BlackRock’s spot Bitcoin ETF records sustained outflows. Whales Double Down on Bitcoin and Ethereum Data from Hyperliquid explorer Hypurrscan confirms that several whale wallets recently opened aggressive leveraged long positions on Bitcoin and Ethereum. One wallet, identified as 0x15a4, opened a 40x leveraged long on 1,000 $BTC worth about $63.8 million. Another wallet, 0x7fba, opened a…

BitMine Immersion (BMNR) added to its Ethereum treasury last week, bringing its total holdings to 5.77 million ether ($ETH), or about 4.8% of Ethereum’s circulating supply of 120.7 million tokens, according to a Monday press release. The company said nearly five million of its $ETH holdings are staked, allowing it to earn staking rewards while maintaining one of the largest corporate Ethereum treasuries. Beyond ether, BitMine’s balance sheet includes 206 bitcoin BTC$63,015.88, a $180 million stake in Beast Industries, a $69 million stake in Eightco Holdings (ORBS) and about $482 million in cash and marketable securities. Chairman Tom Lee pointed…

According to Axios, Binance is planning to lead a new funding round for the crypto payments company Mesh, which is seeking a valuation of up to $2 billion. This ambitious move demonstrates Binance’s continued investment interest in innovative crypto solutions as reported by WuBlockchain. The Latest The announcement of Binance’s intention to lead Mesh’s funding round comes amid a time of mixed signals in the broader crypto market. While many assets exhibit fluctuations, Binance’s strategic investment in Mesh could signify a robust confidence in the future of crypto payments. As the company raises capital, it positions itself at the forefront…