Author: NBTC
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…
Coinbase (COIN) is petitioning a federal court to take over jurisdiction of Oregon’s lawsuit accusing it of selling unregistered securities, arguing the state is improperly interfering with federal efforts to clarify digital asset regulations. In a filing late Monday evening, Coinbase argued that Oregon Attorney General Dan Rayfield’s lawsuit which it initiated in April over alleged trading of unregistered securities represents an overreach, and seeks to establish a patchwork regulatory landscape conflicting directly with ongoing bipartisan efforts at the federal level. “This lawsuit is a regulatory land grab,” the filing reads. “Dissatisfied with the federal government’s recent enforcement decisions, Oregon’s…
Alchemy Pay has added support for USD1, a U.S. dollar-backed stablecoin created by World Liberty Financial, giving users around the world easier access to the fast-growing asset. Announced in a May 30 press release, the integration allows users across 173 countries to purchase the USD1 stablecoin using common fiat payment options such as Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and local bank transfers. USD1 was launched in March by WLFI and is managed by BitGo Trust Company, a custodian subject to U.S. regulations. The stablecoin has rapidly risen become the seventh-largest stablecoin by market capitalization, with a current…
Stability World AI is excited to announce its strategic collaboration with iFlux Global to advance trading in the Web3 ecosystem with artificial intelligence (AI) automation. Through this strategic alliance, the strong AI automation integrates into the dynamic trading infrastructure. In this way, the partnership aims to introduce a new era of creative financial innovation and intelligent trading. 📢 PARTNERSHIP ANNOUNCEMENT🤝 We’re proud to announce a strategic partnership between Stability World AI and @iFluxGlobal – a next-gen crypto financial platform transforming how traders manage capital, risk, and returns in Web3.Together, we’re redefining the future of… pic.twitter.com/3WwyHvs7Cm — Stability World AI (@StabilityW_AI)…
Bitcoin held above $110,000 on Tuesday, supported by sustained institutional buying and cautious investor positioning ahead of U.S. inflation data that could influence the Federal Reserve’s interest rate outlook for the remainder of this year. The crypto was last trading at $109,900, after reaching a session high of $110,237. It is up 4.2% over the past week and has remained within reach of its May 22 peak of $111,814, CoinGecko data shows. It comes as investors await May’s Consumer Price Index report, due at 8:30 a.m. ET on Wednesday. Economists expect the core CPI to rise 0.3% from April, with…
The largest altcoin, Ethereum (ETH), has still not surpassed its previous ATH, while Bitcoin (BTC) has broken records. At this point, while ETH has not met investors’ expectations, the optimistic atmosphere that has formed after the attack it has made in recent weeks continues. At this point, speaking to Coinbase, Bizantine Capital co-founder March Zheng said that he is optimistic about Ethereum. Because he argues that Ethereum could dominate the market as a first-layer blockchain thanks to its recent Pectra upgrade and consistently lower inflation rate than Bitcoin, which would push its price higher. Zheng also stated that Ethereum has…
Circle’s stock price soared on Thursday alongside the stablecoin issuer’s debut on the New York Stock Exchange, capturing Wall Street’s growing embrace of digital dollars, according to analysts. As a $250 billion industry, stablecoins may not be a large part of the financial system today, but Circle’s initial public offering shows that Wall Street investors are looking toward the years ahead, Gerry O’Shea, head of global market insights at asset manager Hashdex, told Decrypt. “It’s a recognition that this industry is going to be a very important part of the U.S. capital markets going forward,” he said. “I think we’re…
Storacha introduces decentralized hot storage for fast data access, supported by Proof of Data Possession technology. AI agents can now store and retrieve data without central servers, thanks to Storacha’s MCP Storage Server. In an increasingly fast-paced world, storing data but having to wait for it to be unsealed first is like storing a racing motorbike in a warehouse. Storacha understands that very well. Therefore, they are now building a decentralized hot storage layer on top of the Filecoin network. Not just a concept, this network can already be explored by contributors via CLI, technical documentation, and a Discord community…