Author: NBTC

As geopolitical tensions between Iran and Israel escalate once again, global risk appetite is taking a hit. These conflicts often inject short-term volatility across traditional and crypto markets, and Ethereum is no exception. While ETH has held relatively steady above $2,500 in recent weeks, the growing fear in macro markets is beginning to surface in price structure and sentiment shifts. This is a sensitive moment for traders: ETH sits on the edge of a critical range, and what happens next may hinge as much on external events as technical factors. Technical Analysis By ShayanMarkets The Daily Chart Ethereum’s daily chart…

Stocks wavered on Friday as markets reacted to the latest flare-up in trade tensions between the United States and China. While a key U.S. inflation gauge cooled in April, President Donald Trump’s claims that China had violated the two nations’ trade agreement spooked investors. The Dow Jones Industrial Average dropped more than 120 points, and the benchmark S&P 500 shed 0.6%. The tariffs debacle, which saw fresh drama on Thursday as a federal court paused the block on Trump’s tariffs, also stalled the Nasdaq Composite, it opened 0.4% down after closing green on Thursday amid gains for global chip giant…

On May 20, 2025, PocketFi, a decentralized finance (DeFi) platform integrated with Telegram, listed its governance token, $SWITCH, on the STON.fi decentralized exchange within the TON ecosystem. The listing marked the start of a token claim process using a Dutch Auction model, designed to gradually release tokens and mitigate immediate sell pressure. Starting June 9, 2025, users can claim 100% of their tokens directly to their PocketFi 2.0 app balance without staking requirements, marking a significant phase in the airdrop process. Community discussions on price stability and potential centralized exchange listings are gaining momentum as this date approaches. Here’s a…

Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals. Previously, individuals selling up to R$35,000 (around $6,300) worth of crypto per month were exempt from taxation. Before the change, gains above that were taxed progressively, reaching as high as 22.5% for volumes over $5.4 million. The new rule replaces this system with a flat tax, meaning smaller investors will face higher tax burdens while large holders may see their bills shrink, local news outlet Portal do Bitcoin reports. The tax will apply…

Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity Futures Trading Commission (CFTC) oversight. The exchange already offers futures cleared through a regulated venue for global users, and the new products will mirror offshore perpetuals while remaining subject to U.S. margin and clearing rules. Branzburg noted that derivatives represent 75% of global crypto turnover…

It’s only a matter of time until every cryptocurrency exchange and fintech firm is running its own blockchain, according to OP Labs, builder of Ethereum overlay protocol Optimism. The logic is straightforward and simple, says OP Labs head of product, Sam McIngvale, pointing to the runaway success of Coinbase’s layer-2 (L2) network Base since its debut in 2023. For a start, Base has accrued an incredible ecosystem of users and developers to back the exchange, McIngvale said. But the biggest no-brainer is how a system like Base, combined with Coinbase’s bitcoin-backed loans, allows dormant crypto assets sitting in custody to…

Bitcoin (BTC) is showing renewed signs of strength, with analysts closely watching a critical resistance level that could trigger the next leg higher. As of Monday, June 9, 2025, Bitcoin is trading at $106,830, up 1.6% over the past 24 hours, according to the latest market data. Daily trading volume currently stands at $39.45 billion, a healthy 9.67% increase, reflecting building interest around a potential breakout. Crypto strategist Michaël van de Poppe (@CryptoMichNL) highlighted the importance of the $106,500 level, calling it a key technical barrier that BTC must clear to reignite its uptrend. “I assume that we’ll be starting…

Corporate interest in digital assets is gaining momentum, with public companies increasingly allocating Bitcoin and Ethereum to their balance sheets, according to Binance Research’s latest weekly report. Binance reported that more than 117 listed companies now hold over 800,000 BTC collectively, including recent adopters like Trump Media & Technology Group, which launched a $2.5 billion BTC strategy backed by 50 institutional investors. The report also noted Ethereum’s (ETH) growing presence in corporate treasuries, with SharpLink unveiling a $425 million ETH initiative advised by Consensys co-founder Joseph Lubin. You might also like: Brazilian firm Méliuz seeks $26m raise to buy more…

While Bitcoin (BTC) is set to break new records in 2025, altcoins are still waiting for an explosive rally. As hopes for a rally continue for altcoins, cryptocurrency analysis platform Santiment announced the four altcoins that whales transferred the most to exchanges. Accordingly, Santiment said that significant transfers were seen to exchanges in four altcoins in the last 24 hours. These include PayPal USD (PYUSD), SSV, Threshold (T), and ImmutableX (IMX). “There are several notable altcoins that have seen significant token transfers to exchanges in the last 24 hours. Here are the top transfers we’ve been tracking: PayPal USD (PYUSD):…

CBDT issues mass notices to crypto traders in India, urging them to update ITRs and declare Virtual Digital Asset income. The probe targets undeclared crypto income, offshore wallets, and cash conversions; non-compliance may trigger scrutiny. India’s Central Board of Direct Taxes (CBDT) has initiated a large-scale investigation into individuals and entities who failed to report income from Virtual Digital Assets (VDAs), including cryptocurrencies. What Happened? The CBDT has identified widespread non-compliance related to crypto income and has sent notices via email, asking recipients to update their Income Tax Returns (ITRs). “The department has recently sent emails to thousands of defaulting…