Author: NBTC
Ethereum price started a fresh increase from the $2,470 zone. ETH is now facing resistance near the $2,650 and $2,660 levels. Ethereum started a fresh increase above the $2,500 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,545 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a decent recovery wave from the $2,470 zone, beating Bitcoin. ETH…
In recent statements, FED Board Member Adriana Kugler said that inflation currently poses a greater risk than weak employment. Kugler stated that the impact of customs duties on prices has not yet been fully seen, and said, “Inflation will be the primary effect, other effects will emerge over time.” Kugler said that the inflation experience during the pandemic period still has an impact on expectations, and noted that inflation resulting from customs duties may not be a one-time effect. “My focus right now is inflation. Once the tariffs are fully in place, we can start talking about other impacts, but…
Meme coin trading on the Avalanche blockchain is heating up with multiple multi-million dollar runners launched on SocialFi app The Arena. In fact, the platform’s native token, ARENA, has soared 127% to $58.7 million over the weekend. The biggest winner is Lambo, a meme coin only just created on Saturday that’s jumped to a $25.24 million market cap. That’s almost half of the market cap of the platform it was launched on. But it has since retracted 25.3% to $18.84 million. Other notable runners include Magic Internet Money, which peaked at a $5.4 million market cap on Friday and has…
The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first time a major piece of crypto legislation has cleared the Senate. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is the Senate’s much-revised effort to regulate the issuers of stablecoins — the steady tokens generally based on the value of a U.S.…
Hey everyone! Get ready for some really significant news in the US crypto market. After facing some serious headwinds and temporary restrictions, Binance.US, one of the major players in the United States, has just made a crucial announcement that’s set to bring a sigh of relief to many users. Yes, you heard that right – Binance.US is officially resuming its U.S. dollar services! This means users can once again easily make USD deposits on Binance.US and subsequently use those funds to buy crypto on Binance.US, specifically through convenient bank transfers. Let’s dive into what this means for you and the…
Weaver Labs, a telecom innovator operating in the UK, has announced its new collaboration with LinqAI. The core purpose of the partnership is to revolutionize the decentralized internet with significant advancements in the decentralized physical infrastructure networks (DePINs). The platform took to social media to share this development with the community. We’re excited to be partnering with @linq_ai as we explore the future of decentralised infrastructure together.🔍 What is LinqAI?LinqAI is building the infrastructure layer for a decentralized, AI-native internet-where connectivity, compute, and data flow are orchestrated… https://t.co/aL0jONQ3zX — Weaver Labs (@Weaver_Labs) June 3, 2025 Weaver Labs Partners with LinqAI…
On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 record high of $111,965 resulted in only $200 million in realized losses, which is significantly lower than the prior corrections this cycle. Capitulation limited to recent entrants Most of the exits came from holders with BTC younger than one week, indicating capitulation by recent entrants…
Ethereum appears to be gaining momentum again, supported by growing institutional interest and a potential shift in market sentiment. At press time, Ethereum (ETH) is trading at $2,634, up 1.2% in the past 24 hours. This comes after a minor pullback from its local high of $2,771 set on May 29, which saw ETH drop to $2,482 before recovering. Notably, ETH is still up 44% over the past 30 days, making a solid comeback after a 45% drop in Q1 2025. New on-chain data from Lookonchain, shared on June 3, shows that BlackRock recently reduced its Bitcoin (BTC) holdings in…
Is it 2021 all over again? Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from the IPO price of $31. The event was the culmination of a long journey for the USDC stablecoin issuer, which had been pursuing an IPO for several years. For the crypto industry, it’s certainly a win — a sign of strong traditional investor demand and that under the Trump administration, crypto native firms really do have a path to going public. But cryptocurrencies themselves weren’t enthused. Bitcoin BTC$103,299.14 slid more than 2% to…
A 25-second documentary has sparked excitement in the Shiba Inu (SHIB) community. The clip, put together by a community moderator and shared by Lucie, the ecosystem marketing lead, hints at a possible collaboration with Solana (SOL). Shytoshi Kusama: What do legends do all day? Notably, the video starts with a question for viewers: “What do legends do all day?” In a self-revealing answer, it features Shytoshi Kusama, the pseudonymous cofounder of the Shiba Inu project, engaged in various tasks. The tasks range from routine to professional and include lawn mowing, dog walking, doing laundry and working on a project on…