Author: NBTC
After a period of steady accumulation, Ethereum price today has broken above a multi-month symmetrical triangle near $2,780 and is now trading near $2,808. The breakout follows strong volume support and a clean bullish structure on both the daily and 4-hour timeframes. ETH price dynamics (Source: TradingView) With indicators signaling a fresh momentum wave, ETH appears primed for further upside if $2,800 is flipped into support. Moreover, the Vortex Indicator (VI) on the daily chart shows the blue trend line (VI+) surging to 1.24 while the red line (VI−) fades, indicating bullish trend expansion. What’s Happening With Ethereum’s Price? ETH…
Inference Labs has secured $6.3 million in total funding to develop a cryptographic system that verifies the outputs of AI agents and off-chain computation. According to a press release shared exclusively with The Defiant, the latest round includes investments from Arche Capital, Lvna Capital, and a $1 million community-led raise through angel investment platform Echo, coordinated by quant investment management firm Native Capital. Existing backers DACM, Mechanism Capital, and Delphi Ventures also participated. Inference Labs, started in 2023 by Ron Chan and Colin Gagich, is building a system called “Proof of Inference” that uses zero-knowledge proofs to confirm AI outputs…
According to data from onchain analyst Yu Jin, the short positions of @qwatio, known as the “insider whale,” were liquidated again during the crypto market rally. This investor, who has been liquidated many times before, seems to continue opening short positions until all of his collateral is melted. @qwatio, whose position had dropped to $43.68 million on July 3, recovered some of his position and added positions again as the Bitcoin price pulled back slightly. However, the collateral on the $16.28 million short position he opened is currently only $800,000, with the total loss on this position calculated at $15.48…
The Russian founder of a cryptocurrency exchange shut down for allegedly processing illicit funds for criminals has turned to Donald Trump with a plea for a pardon. While having already served his sentence in America, the convicted crypto entrepreneur hopes the U.S. President will help him avoid extradition to France, where he is likely to spend more time in prison. Crypto exchange Bitzlato owner seeks clemency from Trump A Russian national who was arrested and sentenced in the United States for his crypto trading business has asked the U.S. head of state for a pardon, his lawyer, Ivan Melnikov, revealed…
The United States holds the first spot in terms of Bitcoin’s raw computational power, with 323.4 exahashes per second (EH/s). On the other hand, Russia and China saw a hashrate increase of 19.05% and 13.13%, respectively. The Bitcoin mining heat map from Hashrate Index showed that the US holds 35.81% of the total global BTC mining hashrate. In the second quarter of this year, the US had a BTC hashrate of 36.025%, resulting in a relative percentage change of 0.6%. The absolute percentage change stands at around 0.2%. Currently, the United States has a total BTC computational power of 323.4…
FMCPAY has been strategically partnered with ZORO artificial intelligence infrastructure platform, working on the Binance Smart Chain. The partnership is aimed at combining the cutting-edge AI solutions with safe blockchain protocols to expand the implementation of cryptocurrency on an international scale and empower the further development of AI training models. 🤝 FMCPAY and Zoro Announce Partnership 🤝🎉 We’re excited to share that FMCPAY is partnering with @Zorotechnology, a global AI infrastructure built on BSC, designed to train AI robots using real-world data.Zoro stands out with zero-knowledge proofs for secure AI data,… pic.twitter.com/cWRr6cfr28 — FMCPAY (@FMCPay) July 11, 2025 ZORO exploits…
Aave, the DeFi protocol known for its borrowing and lending services, has hit a key milestone, surpassing $50 billion in net deposits. This achievement positions Aave as the largest DeFi protocol, with a total value locked (TVL) nearly double that of its closest competitor, Lido. According to recent data from the Federal Reserve, Aave’s current deposit volume would rank 47th among US-chartered commercial banks by consolidated assets, ahead of financial giants like Deutsche Bank and Barclays. In fact, total deposits on the DeFi platform are now approaching 10% of deposits at Goldman Sachs. This highlights the protocol’s growing influence, making…
Ethereum leads the market with a 6.2% daily surge, gaining 17% this month and flipping key resistance into support above $2,750. Rising CME futures and consistent ETF inflows point to institutional confidence, with analysts eyeing a possible altseason within 72 hours. Ethereum (ETH) price today has jumped 6.2% in the last 24 hours, outperforming most top cryptocurrencies, including Bitcoin (2.2%), XRP (4%), BNB (1.1%), Solana (3.0%), Dogecoin (5.2%), and Cardano (4.5%). For the first time in four weeks, Ethereum has surged past $2,700 and is now trading at $2,795.14. Analysts believe this breakout could be the beginning of a new…
A Tether co-founder and former Blackstone dealmaker are aiming to raise $1 billion to build a digital asset treasury for a company they aim to take public, according to a Bloomberg report. The duo, ex-Blackstone executive Chinh Chu and stablecoin titan Reeve Collins, will raise the capital through their special-purpose acquisition company M-3 Brigade Acquisition V Corp., the publication reported Wednesday, citing sources familiar with the matter. The firm’s treasury would hold several digital assets, including Bitcoin, Solana and Ethereum. The number of publicly traded crypto treasuries has mushroomed in recent months as the prices of Bitcoin and other assets…
Changpeng Zhao (widely known as CZ) has published a tweet to warn the community against various fake news to do with the crypto space after the recent TON Golden Visa UAE project turned out to be fake news. CZ issues big warning to community: DYOR CZ posted a link to an article by Khaleej Times, which refutes the recent report about the UAE regulator inking a partnership with the TON blockchain about the integration of the TON cryptocurrency into its Golden Visa program. Initially, news reports stated that this initiative would allow immigrants to receive a 10-year visa by staking…