Author: NBTC
Bitcoin price started a fresh increase and traded to a new all-time high above the $111,500 zone. BTC is now consolidating and might aim for an increase toward $113,200 Bitcoin started a fresh upward move from the $108,000 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $110,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $112,000 resistance. Bitcoin Price Sets New ATH Bitcoin price started a fresh increase from…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has overtaken Johnson & Johnson, a leading global healthcare company, in terms of market value. The altcoin is now positioned as the 30th largest asset globally. This achievement comes after Ethereum’s latest rally, which has pushed its price to levels not seen since February. Ethereum Climbs to 30th Spot in Global Asset Ranking Amid Latest Rally BeInCrypto data showed that Ethereum has been undergoing a remarkable rally lately. Over the past week, its value has appreciated by 20.4%, pulling it above the $3,100 mark. At the time of writing, the altcoin traded…
Bloomberg claims cryptocurrency companies and projects linked to the Trump family may have received “behind-the-scenes” support from Binance, the world’s largest crypto exchange, months before its founder, Changpeng Zhao, known as “CZ,” publicly applied for a presidential pardon. According to a Bloomberg exclusive on Friday, the arrangement had not been previously disclosed. However, Binance allegedly wrote the foundational smart contract for USD1, a stablecoin issued by Trump-affiliated World Liberty Financial Inc. Three individuals familiar with the matter told Bloomberg that Binance was responsible for the initial code that enabled the issuance of USD1. The foundation allowed USD1 to be used…
Aiming to increase speed and efficiency in blockchain technologies and also the company behind the Sonic (S) altcoin, Sonic Research has introduced its new DAG (Directed Acyclic Graph)-based consensus protocol, SonicCS 2.0. According to the company’s official blog, SonicCS 2.0 stands out with its overlapping selection mechanisms that allow for parallel ordering of operations. Tests have shown that the new protocol runs on average 2 times faster than the previous version and reduces memory usage by 68%. SonicCS 2.0 is built on an innovative DAG architecture that can simultaneously sequence transactions across blocks. The protocol organizes the transaction data received…
Ethereum has climbed 5.9% on the day to $3,155, amid a 20.1% jump over the past seven days as the craze for publicly traded companies stockpiling ETH continues. The move has pushed Ethereum’s price to its highest level since the start of February, according to CoinGecko, resulting in $85.4 million worth of shorts being liquidated over the past 24 hours, per CoinGlass. SharpLink Gaming acquired $225 million worth of Ethereum earlier this month, the company announced via a press release on Tuesday. The Minnesota company pivoted from online gambling marketing to stockpiling Ethereum in May, following a $425 million raise,…
RWAs are seeing rapid growth as Blocksquare reported $200 million in tokenized real estate assets. Real-world assets are becoming a significant force in real estate. On Friday, July 11, Blocksquare, an infrastructure provider for real estate tokenization, announced it had surpassed $200 million in tokenized assets on chain. The milestone comes as tokenized RWAs have seen an 800% increase in total value locked in 2025. Across all applications, RWAs TVL is now higher than $65 billion. Blocksquare’s own tokenized assets in real estate are now used across 29 countries and 66 properties. “This $200M milestone is more than a number…
XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows. Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain. Notably, the XRP Ledger is the 10th-largest blockchain by total tokenized RWA value, but it displays the third-smallest number of projects, with six initiatives. However, this number is set to rise following a recent partnership between Ripple and Brazilian crypto platform Mercado Bitcoin, which aims to tokenize $200 million using the…
Ethereum, the largest altcoin after Bitcoin, made a major push and surpassed $3,000 for the first time since February. While the rise in Ethereum coincides with the highly anticipated Crypto Week in the US, it is stated that increasing whale and institutional demand is effective in the rise. While the rise is expected to continue in Ethereum and its altcoins, former BitMEX CEO Arthur Hayes, known for his bold predictions, said that the Ethereum season has begun. Arthur Hayes argued in a recent X-season post that Ethereum has begun and urged investors to prepare for a new wave of explosion…
The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull on Friday in equity indexes. Coinbase and Strategy both rose about 9% and 12%, respectively, over the past five days, according to Yahoo Finance data. Stock and crypto trading platform Robinhood climbed 5%. The stock prices of major Bitcoin miners also spiked with MARA Holdings soaring about 12%. Those gains have come as Bitcoin rose above $118,500 at one point Friday, up more than 9% from Monday and about 6% above its previous all-time high,…
Just days after its mainnet went live, Humanity Protocol’s H token has spiked nearly 400% on the week to a $1 billion fully diluted valuation (FDV). A decentralized identity protocol, Humanity uses palm scans to verify identity with a very high degree of accuracy. Initially, this can be done with an app using a smartphone’s camera; however, in later phases, Humanity will roll out special scanners that utilize infrared technology to scan palm veins for even more accurate results. These will be suitable for businesses and other public uses. Humanity claims 800,000 users have signed up for Human ID with…