Author: NBTC
On Thursday, June 19th, the crypto market experienced low volatility trading as investors projected FUD (fear, uncertainty, and doubt) surrounding the geopolitical tensions in the Middle East. The Ethereum price proves this market sentiment with a neutral candle formation in the daily chart, positioned above the $2,500 level. However, the high-net-worth investor remained unfazed by this consolidation and continues to show an active accumulation trend. Ethereum Poised For Reversal Amid Whale Buying Spree Over the past week, the Ethereum price has plummeted from a multi-month high of $2,880 to its current trading value of $2,534, registering a 12% decline. This…
China-based Nano Labs Ltd. has announced its plans to apply for a stablecoin issuing license in Hong Kong as the jurisdiction positions itself as a center for digital finance innovation, as it ushers in a new licensing regime. Despite the restrictive crypto policies on the Chinese mainland, Hong Kong seems to be embracing the cryptocurrency wave, and companies like Nano Labs and Ant Group International are doing their best to capitalize on the opportunities. Nano Labs goes after stablecoin licensing Nano Labs Ltd, a $308M Web3 infrastructure and product solutions company based in China, has announced its plans to apply…
Neo has added a major new partner to its ecosystem: AIOZ Network, a leading decentralized infrastructure provider focused on AI, media, and storage.—This integration brings AIOZ’s full stack of DePIN (Decentralized Physical Infrastructure Network) services to developers building on both Neo N3 and the Ethereum-compatible Neo X sidechain. With this partnership, Neo’s developer community gains streamlined access to decentralized storage, compute, and streaming solutions—key components for next-gen dApps.Powering Web3 Builders with Scalable DePIN SolutionsAIOZ Network’s suite of services includes:AIOZ AI: A collaborative Web3 platform for AI models and datasets, built on decentralized compute.AIOZ Stream: Infrastructure for Video/Audio-on-Demand and live-streaming with…
U.S. District Judge Analisa Torres denied a proposal from Ripple Labs and the Securities and Exchange Commission on Thursday, refusing to cut a $125 million penalty or toss out an injunction imposed against the XRP-linked firm last year. Her decision comes less than two weeks after the SEC and Ripple requested that the court lower a civil penalty over illegal XRP sales to $50 million—far less than the $2 billion sought under former Chair Gary Gensler—and remove restrictions on Ripple’s ability to sell the asset. In her five-page order, Torres cited a “compelling case” that the SEC built up over…
Bitcoin’s 2025 rally is driven by ETF approvals, political support, sovereign wealth fund inflows, and corporate treasury adoption. Expert Scott Melker predicts Bitcoin could reach $150K–$300K this cycle, advising long-term investors to keep buying the dips. Bitcoin price today slipped to $104,696, staying stuck in a tight range. The drop comes as concerns over U.S. trade tariffs and a weaker economy weigh on investor confidence. After reaching record highs in late May, Bitcoin has struggled to move higher. Recent profit-taking has also added pressure, leading to questions about whether the bull run is slowing down or just taking a break.…
Alchemy Pay has collaborated with Web3 gaming and AI hub Xterio to enable fiat payment NFT transactions in the Xterio marketplace. The integration allows its users to buy non-fungible tokens (NFTs) with conventional payment systems such as local state currency, resident payment cards and credit cards. This latest payment protocol eliminates the conversion of funds into cryptocurrency prior to transacting. We’ve partnered with @XterioGames to bring seamless NFT purchases to their marketplace! 🛒✨With #AlchemyPay’s NFT Checkout, users can now buy NFTs using local fiat, credit/debit cards—NFTs on Xterio are now just a click away.https://t.co/Jml6LRl9y5$ACH pic.twitter.com/CyZUT3IQ5y — Alchemy Pay|$ACH: Fiat-Crypto Payment…
After what many traders are calling a long “bear winter,” there are early signs that the crypto market could be warming up. Despite record-low social media engagement and widespread frustration over months of sideways price action, data points to a budding recovery, led by Ethereum’s surprising strength. The “Ethereum Cycle” Emerges Inside this gloom, a report by Willy Woo has identified a key turning point: the market is entering an “Ethereum cycle.” Historically, when Ethereum begins to outperform Bitcoin, it signals that wider altcoin strength is building. In the past few weeks, ETH has indeed outpaced BTC by 40%, even…
U.S. stocks have shown gains as Iran’s attack on a U.S. airbase in Qatar produced no casualties. Still, tensions threaten to escalate. Major U.S. stock indices saw small gains despite the U.S. entry into Israel’s war with Iran. On Monday, June 23, Dow Jones was up 270 points or 39.98%, while the S&P 500 was up 0.69%. Tech-heavy Nasdaq was up 0.78%, boosted by growth stocks, while oil prices dropped 5%. Nasdaq 100 heatmap | Source: TipRanks The timing of the three U.S. strikes on major Iranian nuclear facilities, which happened when the markets were closed, may have muted a…
Get ready, crypto enthusiasts! The world of digital assets just got another interesting development that could potentially shake things up, especially for fans of the popular meme coin. According to a report by Bloomberg ETF analyst Eric Balchunas shared on X, 21Shares, a well-known player in the crypto exchange-traded product (ETP) space, has officially filed an application to launch a spot Dogecoin ETF in the United States. This move is a significant signal of the continued interest in expanding Crypto Investment products into mainstream financial markets. Understanding the Buzz: What is a Spot Dogecoin ETF? Before we dive deeper into…
As the crypto market continues to see leading cryptocurrencies trading sideways amid persisting market troubles, a large crypto deposit involving 722,416 Chainlink has been spotted by the popular on-chain monitoring firm, Lookonchain, according to a recent X post. A whale dump? According to data provided by the source, a whale identified with the wallet “0x33f7” has deposited large amounts of Chainlink, worth a massive $11.11M, on the world’s largest crypto exchange, Binance. This massive crypto transfer has raised eyebrows among market participants, as it suggests a sell-off attempt by a large Chainlink holder. The deposit history provided by the source…