Author: NBTC
Why it is rising: Bitcoin (BTC) today reached a new all-time high on Wednesday, surpassing 111,000 dollars. This milestone represents a crucial moment for the cryptocurrency, which has surpassed the previous record set just before the inauguration of President Donald Trump in January. The bull run reflects a profound change in the way cryptocurrencies are perceived, both in Washington and on Wall Street. According to Coinshare, one of the main catalysts was the advancement of the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) bill, approved this week in the Senate with strong bipartisan support (66 votes in…
Ethereum’s recent push above $3,000 is facing pressure as profit-taking risks emerge. On-chain signals and volume patterns hint at possible short-term Ethereum price weakness unless key levels break. Over 88% of ETH in Profit Could Signal Local Top According to Glassnode, 88.57% of the ETH supply was in profit as of July 14, with price hovering near $3,013. According to the one-month chart, whenever the ETH holders’ profit percentage surges, short-term corrections tend to follow. Ethereum price and supply (in profit) percentage: Glassnode The Percent Supply in Profit metric tracks the proportion of circulating ETH whose acquisition cost is below…
A mystery wallet just pulled over 111,518,676,500 SHIB from Coinbase, a top U.S. crypto exchange. To put it in more understandable terms, it is about $1.33 million worth of meme coins that were shipped out all at once. That is on top of another $1.1 million in SHIB sent just three days earlier. It is the same sender and destination, and the wallet now has an impressive 207.5 billion SHIB, which is almost $2.5 million. There is no name tied to it, no known fund, and no movement out. Whoever this is is not flipping — they are sitting. That…
Well before the rest of the congressional election machinery has begun to move in earnest on 2026 contests, the crypto sector is again ready for outsized spending to get more friends in Congress, thanks in part to a new $25 million influx from Coinbase. The crypto sector demonstrated last year how potent a force it could be in U.S. congressional elections, with its political action committee Fairshake and its affiliates spending about $139 million to elect as many as 53 lawmakers it could count on to vote for friendly crypto policies. About one in ten sitting members of Congress benefited…
Perpetual Hub Ultra’s release satisfies onchain users’ increasing need for perps trading by facilitating decentralized exchanges to futures markets. The success of Orbs’ Perpetual Hub, which has been extensively included across the omnichain ecosystem, is expanded upon by Perpetual Hub Ultra. A whitelabel solution for decentralized exchanges, Perpetual Hub Ultra was introduced by Orbs, the leading Layer-3 infrastructure provider. Any DEX may use Perpetual Hub Ultra, which opens up new marketplaces for perps trading and comes with a completely customizable user interface. Perpetual Hub Ultra’s release satisfies onchain users’ increasing need for perps trading by facilitating decentralized exchanges to futures…
Spheron Network, a well-known decentralized ecosystem to offer scalable and secure compute services, has announced its new collaboration with Wire Blockchain, a prominent Universal Transaction Layer focused on driving cutting-edge applications. The partnership endeavors to establish a robust, AI-driven infrastructure for internet. The platform took to social media to share the details of this initiative. New Partnership drop💥We’re teaming up with @Wire_Blockchain — the Universal Transaction Layer powering next-gen apps at scale.Wire = access to all assets, all users, all liquidity.Spheron = unstoppable DePIN compute.Together? The new AI internet. pic.twitter.com/cHs2nXqcuD — Spheron Network (@SpheronFDN) July 17, 2025 Spheron Network Forges…
It’s Bitcoin Pizza Day, the day when the crypto community comes together to celebrate the first “real-world” bitcoin (BTC) transaction. Back in 2010, Bitcoin OG Laszlo Hanyecz spent 10,000 BTC (worth $1.1 billion today) on two pizzas from Papa John’s. In honour of the occasion, Protos has catalogued the price of BTC on May 22 every year since that day. You can view the chart here. Read more: The corporate interests taking over Bitcoin development If you saved $41 worth of BTC bought on May 22 in either 2012, 2013, or 2014, you’d now have $908,000, $36,000, and $9,226, respectively.…
The world of finance is rapidly evolving, with digital assets at the forefront of this transformation. For institutional players, accessing and managing these new asset classes securely and efficiently has been a significant hurdle. This is where strategic partnerships become crucial, and a recent development involving Galaxy Digital is set to make waves in the institutional crypto space. How is Galaxy Digital Expanding its Reach? Galaxy Digital, a leading crypto financial services firm, has announced a significant expansion of its staking platform. This move is not just about growing its services but about democratizing access to them for a broader…
Sui is trading at $3, up about 4% in the past 24 hours, as the token continues to rally following an announcement by Lion Group Holding Ltd. (LGHL) that it intends to acquire SUI tokens as part of a broader $600 million crypto treasury strategy. The strategy was announced on June 26, triggering a rally in the price of the token, which is currently up nearly 15% over the past 7 days. SUI experienced a significant bullish breakout over the past 24 hour period, according to CoinDesk Research’s technical analysis model. The token established a strong support level at $2.87…
NEW YORK — There is at least one fact that both the defense and the prosecution agree in the ongoing criminal money laundering trial of software developer Roman Storm: the product he helped to create and run — a once-popular crypto privacy tool called Tornado Cash — was exploited by hackers and cyber criminals to launder their dirty money. What the parties do not agree on, and the fundamental question at the heart of Storm’s trial, is whether Storm was able to prevent this behavior, whether he knew which criminals were using the Tornado Cash protocol and how and, most…