Author: NBTC
Bitcoin has experienced a massive rally over the past month, marking a new all-time high (ATH) at $111,980. This significant price surge has raised questions about the sustainability of Bitcoin’s momentum moving into June. While some investors are optimistic about further gains, others are wondering if the price will cool down or if Bitcoin holders will take a more cautious path. Bitcoin Investors Acquire Heavily Bitcoin’s market sentiment is currently driven by strong accumulation. The balance on exchanges has dropped by 66,975 BTC, worth over $7.2 billion, indicating that investors are moving their holdings off exchanges and into private wallets.…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.10% today against the US Dollar Ethereum is currently trading 7.30% below our prediction on Jul 11, 2025 Ethereum gained 3.90% in the last month and is down -15.76% since 1 year ago ETH price is expected to rise by 9.45% in…
Last week, the US markets were seen reaching new historical highs almost every day, and there was a very enthusiastic atmosphere in the markets. While asset management companies’ increasing optimism about US stocks is drawing attention, there are warnings that this excitement could lead to overly concentrated positions and cause sharp fluctuations, especially in the event of a negative development. The most important of these risks is Donald Trump’s customs tax review process, which will end on July 9. Next week, markets are expected to have a quieter data calendar, but markets will be closely monitoring the Fed’s monetary policy…
With 60 million users, Pi Network seeks visionary allies as it prepares for a major announcement at Consensus 2025, one of blockchain’s biggest stages. However, the PI community’s tensions simmer amid price drops and access limitations. Pi Network Community Calls For Visionary Partnerships In a May 8 post on X (Twitter), the Pi Core Team indicated plans for a major ecosystem reveal on Wednesday, May 14. “A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next,” they wrote. This long-awaited reveal will clarify Pi Network’s next moves ahead of its anticipated Open…
China, which has come to the fore with its harsh bans on Bitcoin (BTC) and cryptocurrencies, has issued a new warning. Accordingly, the Shenzhen government of China said in an official statement that cryptocurrencies and stablecoins have recently attracted widespread interest and warned investors against possible fraud cases. The Shenzhen Office of the Special Task Force for Prevention and Control of Illegal Financial Activities issued a warning titled “Beware of the Risks of Illegal Fundraising in the Name of Stablecoins and Other Instruments.” The statement noted that recently, stablecoins and cryptocurrencies have received widespread attention from the market and that…
Crypto.com, a global cryptocurrency exchange, and the Dubai Land Department (DLD), have signed a Memorandum of Cooperation (MOC) to explore the use of blockchain and digital currencies in the real estate sector. This announcement follows earlier news that the government will enable the payment of government fees using digital assets or cryptocurrencies. As per the latest announcement, the initiative is part of the Dubai Real Estate Strategy 2033 that aims to build a smart, sustainable, real estate ecosystem using advanced technologies such as blockchain, and digital assets as well as tokenization. The agreement was signed by His Excellency Omar Hamad…
Bitcoin and cryptocurrency markets experienced slight losses following the release of the minutes from the Fed’s May 6-7 Federal Open Market Committee (FOMC) meeting. The hawkish statements in the minutes limited investors’ short-term risk appetite. Fed officials said that “tough policy choices” could be on the table due to the risks of persistent inflation and a looming recession. “Participants agreed that uncertainty about the economic outlook has increased and decided that a cautious approach would be appropriate until the clear economic impacts of changes in government policies become more apparent,” the minutes said. Despite this, BRN analysts said institutional demand…
The Ethereum network has received a proposal, EIP-7983, to improve its defense against Denial of Service (DoS) attacks and enhance the platform’s overall stability. The proposed update, driven by Ethereum researcher Toni Wahrstätter and co-founder Vitalik Buterin, seeks to establish a gas usage limit. This measure aims to prevent disruptions caused by resource-heavy transactions. New Ethereum Proposal Reveals How One Transaction Could Disrupt the Chain The key aspect of the proposal is the introduction of a cap on gas usage per transaction, with a maximum threshold set at 16.77 million gas units (2^24). The developers argued that this gas limit…
Tesla stock opened the week with a red candle, falling to $315.35, a 0.095% dip that lined up with a broader selloff across US equities and metals. The drop hit as Bitcoin blew through resistance and ended the June 29 week with its highest weekly close ever. The action split risk markets in two. Stocks went down, crypto went up. As per usual, the trigger came straight out of Washington after President Donald Trump confirmed on Sunday that new tariffs will begin August 1, not July 9 as markets had priced in. The news sent US stock futures into a…
A VeChain ambassador has explained that VeChain primarily rewards clean actions and repetitions, unlike the other chains that reward whales and bots. He believes that VeChain leads the “Proof of Habit” on-chain, transcending hype, and significantly involving practitioners. VeChain proponent and ambassador Sebastian ROK has come up with another thread, explaining how the smart contract-compatible blockchain has distinguished itself among competitors with what he termed as the “Proof of Habit”. According to him, it is easier for crypto projects to fake volumes. However, it is almost impossible to fake a habit. Fascinatingly, VeChain was highlighted to have already cemented its…