Author: NBTC

Richard Teng, who took over from Changpeng Zhao (CZ) as the CEO at Binance, has taken to his X account to address the crypto community regarding the new milestone that Binance is to celebrate soon — eight years since its foundation. Teng revealed the major power behind Binance that has helped it remain the largest cryptocurrency exchange by volume all these years. Binance’s key strong point since 2017, per Teng Richard Teng stated that while Binance is nearing its eighth anniversary, he believes that it is absolutely clear “what keeps Binance strong.” It is the 280 million users of this…

South Korea’s leading cryptocurrency exchange Bithumb announced that it will list the decentralized finance (DeFi) protocol Resolve (RESOLV) token at the KRW trading pair starting at 6:00 PM today. Bithumb Announces Listing of RESOLV Token on KRW Market Listing Information Trading Pair: RESOLV/KRW Supported Network: Ethereum Transaction Start Time: July 11, 2025, 18:00 Starting Price: 207 KRW Minimum Required Approvals: 33 Off-network sending is not supported. What is RESOLV? RESOLV is a protocol that manages a stablecoin called USR, which is collateralized by Ethereum (ETH) and Bitcoin (BTC) and pegged 1:1 to the US dollar. The protocol’s core functions include:…

The price of Ethereum is showing indications of a fundamental pattern that frequently precedes strong price spikes: persistent and extensive accumulation by whales removing coins from exchanges. Most significantly, just two hours ago, whale address 0x1fc7 withdrew an additional 1,900 ETH from Binance, which is approximately $4.86 million, and staked it. This action is not unique; in just the last three weeks, this address has accumulated 6,989 ETH, or about $17.5 million, subtly lowering Binance’s liquid supply. This type of recurrent withdrawal is something to be very aware of. If demand increases, there is a greater chance of a supply…

CyberStep, the maker of the Japan-based online crane game “Toreba,” has officially announced that it has entered the crypto asset investment sector as of July 1, 2025. CyberStep Enters Crypto Investment Space with Web3 Move: CRYPTECH Capital Established The company aims to create institutional reserves by converting tokens obtained from Web3 services into mainstream crypto assets such as Bitcoin and Ethereum with its new strategic department “CRYPTECH Capital”, which will carry out its activities in this field. According to CyberStep’s statement, the company will establish a “self-circulating token economy” model, systematically converting tokens obtained from Web3 services such as blockchain-based…

The BR token, listed on Binance Alpha, halved in price after 26 addresses withdrew almost $50 million in liquidity. The Binance Alpha program prides itself on the supposed thorough vetting of its projects. However, on Wednesday, June 19, one of the program’s tokens, Bedrock (BR), fell by more than 50% following a massive liquidity dump. Social media users quickly identified several whale addresses that sold tokens in rapid succession. According to @ai_9684xtpa, 26 addresses withdrew $47.59 million in BR token liquidity in just 100 seconds. Three of these addresses held more than $1 million worth of the token, while 13…

Bitrue has launched World Liberty Financial’s USD1 as a base trading pair, allowing users to trade top cryptocurrencies directly against the Trump-linked stablecoin. In a press release shared with crypto.news, crypto exchange Bitrue has just announced the launch of USD1, the stablecoin from Trump-backed World Liberty Financial as a base trading pair on its spot exchange. Starting today, users can trade 10 major cryptocurrencies directly against USD1, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Tron (TRX), XDC Network (XDC), Cardano (ADA), Binance Coin (BNB), Dogecoin (DOGE), and Sui (SUI). “By offering USD1 base trading pairs, Bitrue has once…

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s BTC$108,707.53 bull run has stalled, with emerging technical signals pointing to a possible price pullback. The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record highs over $110K, TradingView data show. There has been little bullish action in the past 24 hours despite reports that the Trump family media company plans to raise $3b billion to buy cryptocurrencies such as bitcoin. A key momentum indicator called the 30-day rate of…

After a sharp climb last week, Ethereum price today is stabilizing just below the $2,600 mark. The short-term structure is forming a tight range as buyers attempt to hold key moving averages while watching volume signals for a potential breakout above local resistance. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) On the 30-minute and 4-hour charts, Ethereum price has been consolidating between $2,560 and $2,590 after a sharp breakout on July 6. Price is riding along the mid-line of Bollinger Bands while staying above the VWAP and Parabolic SAR flip levels near $2,572 and $2,565, respectively. This…

Treasury Secretary Scott Bessent confirms search for Jerome Powell’s replacement as Fed Chair President Trump pressures Jerome Powell to reduce interest rates by 1% or resign. Jerome Powell can be replaced in October with front-runners being Bessent and Waller. Jerome Powell’s time as Chairman of the U.S. Federal Reserve seems to be drawing to a close. As Treasury Secretary Scott Bessent revealed that the Trump administration is indeed searching for a replacement. In a Bloomberg interview last week, Bessent said the administration would start within the next few weeks and could announce a replacement by October. Powell’s current term expires…

Despite broader market optimism and a surge in new XRP addresses, user engagement on the XRP Ledger appears to be slipping. According to data in the Finbold H1 2025 Cryptocurrency Market Report, between January 1 and June 30, 2025, the number of total XRP addresses rose from 6,282,144 to 7,116,378, an increase of over 834,000. This growth was split across both quarters: Q1 accounted for 528,997 new addresses, while Q2 added another 305,237. Yet active address counts moved in the opposite direction, dropping from 39,515 to 26,807 by the end of the first half. That’s a net loss of 12,708…