Author: NBTC

The approval process for the spot Solana exchange-traded fund (ETF) may accelerate beyond expectations. The U.S. Securities and Exchange Commission (SEC) has asked potential issuers to resubmit revised S-1s by the end of July, responding to comments. Two sources close to the matter confirmed this development. While the SEC technically has until October 10 to approve or reject such a fund, the Commission is reportedly looking to speed up the process and approve one or more funds well before that date. One of the reasons behind this move is the REX-Osprey SOL and Staking ETF (SSK), which was automatically approved…

Cryptocurrency exchange Bybit has announced the completion of its PUMP token sale. The sale did not proceed as planned due to an unexpected API delay, resulting in oversubscription. This resulted in some users receiving token allocations while others did not. Bybit’s official statement stated that users who failed to receive an allocation will have their deposited funds fully refunded. It also noted that the final allocation results for users who subscribed but whose funds are still frozen are being reviewed. Bybit made the following statement in its statement: The PUMP token sale has concluded. Due to an unexpected API delay,…

Ethereum has climbed 8.8% over the past 24 hours, topping $3,000 for the first time since early February. The move comes following the largest single day for U.S. Ethereum exchange-traded fund inflows at $383.1 million, according to Farside data. As Ethereum’s price jumped, $258.6 million worth of Ethereum shorts were liquidated over the past 24 hours, according to CoinGlass data. Ethereum remains down 38.3% from its all-time high of $4,878 hit in November 2021. The move marks a reversal of somewhat negative sentiment regarding Ethereum. Predictors on Myriad Market believed there was a near 50% chance that the cryptocurrency would…

The Fed is expected to resume interest rate cuts, which have been paused since January, as soon as possible. However, despite the positive data, the Fed prefers to keep interest rates steady due to concerns about tariffs. At this point, the FED left interest rates unchanged in June. While the next interest rate cuts are expected to be made in July and September, the market expects the first interest rate cut of 2025 to be made in September. I Expect Two Interest Rate Cuts in 2025, The First in September! At this point, Minneapolis FED President Neel Kashkari announced that…

Crypto educator Edoardo Farina has revealed important insights into XRP wallet distribution based on the latest figures from the XRP Rich List. The update highlights how much more competitive the landscape has become for holders on the XRP rich list. As of today, an XRP wallet must hold at least 2,486 XRP to rank among the top 10% of all XRP wallets globally. Meanwhile, to reach the top 5%, holders need 8,758 XRP. For the top 4%, the requirement is 11,000 XRP, while the top 3% requires 16,299 XRP. The top 2% hold at least 25,639 XRP, and to enter…

As traditional finance and crypto converge, a growing number of products are emerging that straddle the shrinking divide between the two. Crypto credit cards are one such product, offering users an array of different perks, benefits, and rewards linked to their crypto exchange account. But no card is like another. For example, some crypto cards offer flat cashback rewards, while others offer variable percentages based on the spending category. In this article, we’ll walk through some of the most popular crypto credit cards that are available to users in 2025. Gemini Credit Card Image: Gemini American crypto exchange Gemini offers…

Bitcoin nears $130K as multi-year Cup and Handle pattern signals breakout potential. Elliott Wave count suggests Bitcoin is entering wave 5 with $400K+ long-term target. Market data shows strong liquidity despite recent price dip and trading volume decline. Bitcoin’s long-term technical formation has reached a serious juncture, with analysts noting that the cryptocurrency is approaching the upper boundary of a major bullish pattern. Chart data from analyst Gert van Lagen indicates that Bitcoin is nearing the $120,000 to $130,000 price range, a target derived from a multi-year Cup and Handle formation. Beyond this level, a separate growth projection places the…

Bitcoin and Ethereum investors flocked heavily to spot ETFs on Thursday, recording the second-largest daily net inflow in the funds’ history. Bitcoin and Ethereum ETFs Had Their Second Biggest Inflow Day of All Time Spot Bitcoin ETFs saw a total of $1.17 billion in inflows. $448 million of this came from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and $324 million from Fidelity’s Wise Origin Bitcoin Fund. These strong inflows followed a record high of $113,800 for Bitcoin. This figure marked the second-highest daily inflow in ETF history, following the record $1.37 billion inflow on November 7, 2024. That record came…

The TON Foundation, the community of developers behind Toncoin (TON), is rethinking its marketing strategies following the recent “fake partnership” controversy. The Foundation announced on LinkedIn that it is looking for a new VP of Marketing. Last weekend, The Open Network (TON), which is affiliated with the TON Foundation, made a striking announcement. The statement claimed that by depositing at least $100,000 worth of Toncoin (TON) and paying a $35,000 transaction fee, investors could obtain a 10-year United Arab Emirates (UAE) Golden Visa within seven weeks. However, this claim was quickly denied by the UAE authorities. The UAE Federal Authority…

It’s tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It’s a lot to follow. Luckily, we’re plugged in at Decrypt’s GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories GUN expands to Solana: Off the Grid’s GUN token expanded to Solana on Thursday, after…