Author: NBTC

Pseudonymous crypto trader NoName says Ethereum has just crossed into the price zone where its bear market has historically bottomed, pointing to four straight lower highs as proof the downtrend has run its course. The trader, who is buying through the dip with a long-term target of $7,000, argues that the same crowd psychology that made $ETH everyone’s favorite trade at $4,900 is now working against it below $2,000. Mapping Out the Bottom Zone In a post shared Friday, NoName laid out Ethereum’s decline through four descending peaks: $4,957, then $3,400, then $2,460, then $1,950, calling it a textbook downtrend.…

Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion. According to a press release shared with crypto.news, Bitcoin Japan made the investment through BTCJPN US LLC, its wholly owned U.S. subsidiary, using a Special Purpose Vehicle managed by a registered U.S. general partner. The company said the deal forms part of its investment activity focused on digital assets, AI compute infrastructure, satellite communications, and next-generation technology sectors. SpaceX currently operates launch systems and the Starlink satellite communications network, while also expanding into AI infrastructure, compute capacity, and…

Bank of America is expanding its global payments strategy with a renewed focus on enhancing cross-border transaction capabilities, highlighting the growing importance of efficient international money movement in modern finance. Being one of the world’s largest financial institutions and a company frequently associated with discussions surrounding Ripple and payment innovation, Bank of America’s latest initiative underscores the continued evolution of global settlement infrastructure. Ripple Gains Institutional Momentum Through Major Banking Alliance Ripple partner Bank of America is preparing to launch a new cross-border payments service that incorporates SWIFT. An analyst known as SMQKE on X noted that rather than replacing…

The European Union has turned its financial pressure on Russia up another notch — and this time, crypto is directly in the line of fire. The EU’s 21st sanctions package against Russia, negotiated by ambassadors on July 22, takes aim at nearly 90 Russian banks and, in a significant first, targets 11 crypto platforms allegedly used to route money around existing sanctions walls. The package, which traces back to a proposal by European Commission President Ursula von der Leyen on June 9, represents one of the broadest expansions of the bloc’s financial war against Moscow since the 2022 invasion of…

Large $XRP holders are accounting for an increasingly larger share of exchange outflows, according to new data from CryptoQuant. The trend confirms whales are playing a much bigger role in moving $XRP off centralized exchanges than retail investors. Whale Share Reaches New High Data from CryptoQuant contributor Amr Taha shows that whale outflow dominance across all centralized exchanges (CEXs) climbed to a record 77.8% on July 22. Retail investors accounted for just 22%, the lowest share on record. The shift is notable compared with May 6. At that time, whales represented 63% of $XRP outflows, while retail investors accounted for…

Fetch.ai recently announced a new set of documentation designed to facilitate rapid prototyping and agent building. This initiative is part of their commitment to providing developers with the necessary tools to innovate effectively in AI and blockchain applications. Detailed information can be found in their official tweet here. Inside the Move The broader crypto market is currently displaying mixed signals, indicating varying momentum across different assets. Amidst this backdrop, Fetch.ai’s latest documentation launch serves as a strategic move to engage developers who are increasingly interested in building AI applications. The documentation emphasizes rapid prototyping and the creation of proofs of…

Analysts track this using a metric called spent transaction outputs (STXO), which, in simple terms, tracks the movement of $BTC on the blockchain. An OG moving coins after holding them for half a decade is almost always a sign of impending liquidation or profit-taking. During the peak of the bullish cycle, single-day sell-offs sometimes exceeded 142,000 $BTC, sending shockwaves through the market. But that’s not the case anymore. The timing of this slowdown in OG selling is not a coincidence, according to analysts at CryptoQuant. Currently, bitcoin is trading around $63,000, which, as it turns out, could be the “break-even”…

Ethereum, the second-largest cryptocurrency, spent most of 2026 under pressure amid the broader market downturn. Its market capitalization stood at roughly $230 billion. $ETH reached an all-time high of $4,953 on the 24th of August 2025. It has since fallen to $1,888, representing an approximately 62% decline from its record high. Separately, $ETH remained down 36% on a year-to-date basis. Is $ETH undervalued? Despite the token’s troubled run, activity across the Ethereum network continued expanding. Alphractal data showed that Daily Transactions remained above 2.5 million during most of the recent period. The network processed 2.56 million transactions at press time.…

JPMorgan has raised its investment rating for HashKey, a Hong Kong-listed digital asset financial services firm, from “Neutral” to “Overweight,” signaling increased confidence in the company’s near-term performance and long-term profitability prospects. The bank maintained its price target of five Hong Kong dollars per share. What Prompted the Upgrade According to a report by BlockBeats, the upgrade followed a meeting between HashKey’s management and JPMorgan analysts at the recent JPMorgan China Summit. The bank stated that the meeting strengthened its conviction in HashKey’s short-term execution and its ability to improve profitability over the medium to long term. HashKey operates as…

The $XRP Ledger (XRPL) is set to activate version 3.2.0 of its core server software on June 15. While the update does not introduce major user-facing features, it includes several changes aimed at improving the network’s long-term operation. Among the most notable is the renaming of the server software from “rippled” to “xrpld,” a move intended to better reflect the broader XRPL ecosystem and reduce confusion with other Ripple-related products. Improving Network Efficiency And Stability Following the upgrade, node operators checking their software versions will see “xrpld 3.2.0” displayed in the command line. Developers said the change reflects the growing…