Author: NBTC

Bitcoin recorded a critical close above $74,400 last week, paving the way for continued recovery in the coming weeks. Notably, expert analysis from Sykodelic highlights that this level sits at the center of the broader market structure. His recent X post explains why the $74,400 level is important and how it could shape Bitcoin’s price in the coming weeks. Key Points Bitcoin closed last week at $77,020, holding within the bull market support band (BMSB). Last week’s dip to $74,156 marked a retest of the break of the structure point at $74,400. Bitcoin could still produce another brief move lower…

Grayscale, a crypto asset management company, stated that the rising inflation in the US could lead the Fed to maintain a high interest rate policy for an extended period, potentially having significant consequences for the cryptocurrency market. In an assessment published by the company’s Head of Research, Zach Pandl, it was stated that the high-interest rate environment could put pressure on Bitcoin but could create a positive picture for stablecoin issuers and the tokenization of real-world assets (RWA). According to Pandl, the fact that consumer inflation in the US is once again approaching the 4% level significantly limits the room…

A fresh roundup shared by crypto exchange Bitrue highlights how 2026 has become a major year for $XRP adoption. It featured new partnerships and integrations spanning banking, payments, tokenized assets, and global financial infrastructure. Specifically, the developments involve major players such as Rakuten, UBS, Mastercard, J.P. Morgan, and Moscow Exchange. Key Points Bitrue believes 2026 is shaping up as a breakout year for $XRP, with Rakuten, DTCC, UBS, Mastercard, and JPMorgan driving adoption. Rakuten added $XRP to its ecosystem, enabling payments and trading for over 44 million users in Japan. Ripple joined DTCC’s tokenized asset initiative tied to a 2026…

Authorities in Russia have dismantled an illegal cryptocurrency mining operation in the Ural region, seizing approximately 10,000 mining units hidden inside industrial facilities. The discovery, first reported by local media outlet Bits, highlights the growing scale of clandestine crypto mining in the country and the strain it places on public infrastructure. Massive Operation Concealed in Industrial Sites The mining farm was spread across two cities in the Ural region, with equipment carefully concealed within industrial buildings to avoid detection. Investigators found that the operators had tampered with power meters to illegally draw more than double the permitted electricity capacity. The…

Solayer, a blockchain infrastructure company focused on the Solana ecosystem, announced the launch of the public testnet for Margin Trade, a new trading platform that combines multiple asset classes within a single margin system. Margin Trade is built entirely on Solana and uses infrastructure developed by Solayer. The product is being developed by a team that includes former traders from Citadel and Kraken. According to the company, Margin Trade is designed to allow users to trade crypto assets, commodities, and equity-related products using one collateral pool on-chain. At launch, Margin Trade is expected to support cryptocurrency perpetual contracts, as well…

The apparent Bitcoin demand has slipped to its weakest level of the year, adding fresh pressure to an already uncertain market environment. This development comes despite the notable price recovery from Bitcoin ($BTC) in the previous week. For context, the pioneering cryptocurrency dropped to $74,156 but showed sheer resilience, recovering nearly 4% to $77,020. Meanwhile, the rebound has extended to this week, with $BTC pushing further northwards to $77,400. However, it seems spot demand is not backing this resurgence, calling its sustenance into question. Key Points The Bitcoin apparent demand has now fallen to nearly -147,000 $BTC, marking the most…

Elon Musk’s SpaceX is preparing to launch what could become the largest initial public offering ever recorded, with the rocket and satellite company expected to price the deal as early as June 11 and list on the Nasdaq exchange, sources familiar with the matter told Reuters on Friday. According to news organization, citing three people with knowledge of the discussions, SpaceX has moved up its IPO schedule and now plans to make its prospectus public as soon as next Wednesday. The company is targeting the start of its investor roadshow on June 4 and could begin trading as early as…

Amid the growing popularity of Ripple USD ($RLUSD), we’ve outlined everything you need to know about the stablecoin. Over the past few years, stablecoins have emerged as one of the most important segments of the cryptocurrency industry. They combine the speed and flexibility of blockchain with the price stability of traditional assets such as fiat currencies. Unlike volatile cryptocurrencies like $XRP or Bitcoin, stablecoins maintain a peg to assets such as the U.S. dollar. As a result, they are better suited for trading, payments, remittances, and institutional settlement. Although Ripple USD ($RLUSD) launched more than a year ago, many market…

A crypto exchange letting you buy real stocks with stablecoins sounds like something from a 2021 pitch deck that never shipped. MEXC just shipped it. The exchange launched RealStocks on June 1, a product that gives eligible users the ability to purchase and hold actual equity shares of companies listed on the NYSE and NASDAQ. Not tokenized approximations, not synthetic exposure, not perpetual contracts that track stock prices. Real shares, held through a broker, with full shareholder rights including dividends. How RealStocks actually works Users stay within the MEXC interface they already know, transact in USDT, and buy shares of…

Bitfufu, the cloud mining platform owned by Bitmain, disclosed in its first-quarter earnings report that it holds 1,794 Bitcoin on its balance sheet. The company reported total revenue of $72.7 million for the quarter, a decline of 6.8% compared to the same period last year. Revenue Breakdown and Core Operations The company’s revenue was primarily generated through two segments. Self-mining operations contributed $11.4 million, while hosting and other services brought in $3.8 million. The remainder of the revenue came from its cloud mining subscription sales, which remain the core of Bitfufu’s business model. The decline in overall revenue reflects broader…