Author: NBTC

Recently, the hype around a possible ETF (Exchange Traded Fund) on Solana has reached new peaks, thanks to the strategic move by the stablecoin issuer Circle, which has minted 250 million dollars in USDC on the Solana network. This event not only introduces significant liquidity into the network, but also strengthens investors’ confidence in a potential ETF based on Solana. Circle, the minting of $250 million in USDC and Solana approaching the ETF The growth of the Solana network Circle, the minting of $250 million in USDC and Solana approaching the ETF In the context of cryptocurrencies, an ETF on…

Bitcoin (BTC) faced a sharp price drop as the last week of Q2 began. The dramatic decline saw the flagship cryptocurrency momentarily lose its support above the $60,000 level on Monday. The drop left many investors wondering whether the bullish rally is over. However, crypto analysts remain optimistic about BTC’s performance and consider the drag down to be part of the quarterly retest. Is Bitcoin Headed For A ‘Chop Summer’? On Tuesday, crypto analyst Jelle made a case for Bitcoin’s bullish momentum. Amid the bearish sentiment from some community sectors, the crypto investor believes BTC’s bull run isn’t over. Per…

Cryptocurrency markets are currently experiencing a significant decline, losing almost 17% in value. In this context, Justin SUN, the founder of Tron, has denied rumors that he might liquidate his positions. Recent changes in the cryptocurrency market have alarmed many investors. Bitcoin has fallen by 13% in just 24 hours, while Ethereum has even fallen by 20%. Such price drops not only mean personal losses for many investors, but also require a re-evaluation of market strategies in a risk-free environment. Justin Sun responded to the rumors with a post on X, calling the claims of liquidating his positions false. He…

Pendle discontinues Earn UI to streamline the platform and prioritize Pendle V3 development. Whale activity highlights significant PENDLE token movements on Binance after six months of inactivity. After receiving a lot of attention in recent weeks, Pendle has announced another improvement to its ecosystem. In a recent tweet, their team announced that, in their ongoing endeavor to streamline the platform for an optimal user experience, they have chosen to discontinue the Earn UI. This move is consistent with their goal of prioritizing and accelerating the development of Pendle V3. Deprecation of Earn UI GM Pendies, in our continuous effort to…

Julian Assange, the founder of WikiLeaks, has received significant financial support from donors to cover the costs of his journey to freedom, as discovered by Alistair Milne, CIO of Altana Digital Currency Fund. As Assange prepares to return to Australia following his plea deal with US authorities, his wife Stella launched an urgent appeal for donations to cover a “massive USD 520,000 debt” owed to the Australian government for charter flights. In a remarkable display of support, an anonymous donor contributed just over 8 BTC (approximately $500,000) to Assange’s cause within the past day. This single “Bitcoin whale” donation accounts…

Ahead of the opening bell for in the U.S., cryptocurrency-related stocks have experienced a sharp decline in pre-market trading, mirroring the severe downturn in the broader crypto market. The sell-off, triggered by a confluence of factors including regulatory concerns, macroeconomic uncertainties, and geopolitical tensions, has sent shockwaves through the digital asset ecosystem. Leading the pack in pre-market losses, MicroStrategy (MSTR) saw its stock price plummet by 29%, while Coinbase Global Inc. (COIN), one of the largest cryptocurrency exchanges, suffered a 19% drop, according to data from MarketWatch. Things weren’t much better for publicly traded Bitcoin miners. Marathon Digital (MARA) and…

ApeCoin’s own network, ApeChain, has launched its testnet, although Yuga Labs co-founder Greg Solano admits there “won’t be much to do” on it initially. ApeChain, a layer-2 solution incubated by the ApeCoin DAO community, has got its first testnet dubbed Curtis as fans of the Bored Ape Yacht Club (BAYC) collection seek new ways to bring more utility for ApeCoin (APE). Though no other details were revealed, Greg Solano, the co-founder of Yuga Labs, a firm behind BAYC, said in a follow-up post there “won’t be much to do on testnet yet,” reassuring APE holders though that various decentralized applications…

Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its Bitcoin (BTC) mining business is “bright” as it migrates miners to dedicated sites and prepares to modify a “significant portion” of its infrastructure for high hosting performance computing services. The company is also gearing up for the integration of Block’s new 3-nanometer ASIC chip, slated for next year, per an. Aug. 5 press release. Core Scientific CEO Adam Sullivan highlighted the expansion would act as a “driver of significant miner refresh…

Although the price of Bitcoin has managed to climb back above the $60,000 mark, it continues to hover near a key support level, testing the nerves of crypto enthusiasts and traders alike. After several days of massive price action, culminating in yesterday’s rebound and the long-awaited greening of quotes, the crypto market has gone into its quieter trading mode, which means that its participants on both the bullish and bearish sides have taken a break to think about what’s next. Against this backdrop, new opinions and discussions began to emerge. John Bollinger, the legendary trader and creator of the popular…

While the risk of recession in the USA increases after the collapse in Bitcoin and global markets, investors expect the FED to hold an emergency meeting and cut interest rates before September. FED Interest Rate Cut Calls Are Increasing! At this point, as expectations increased, Wharton Professor Jeremy Siegel, who participated in the CNBC Squawk Box program, called for the FED to cut interest rates by 1.5%. According to Siegel, 0.75% cut in the FED emergency meeting; In September, another 0.75% cut should be made. Apart from Siegel, deVere Group CEO Nigel Green also stated in a note sent to…