Author: NBTC
Ethereum (ETH) experienced a sharp flash crash during the 21:00 hour on June 21, falling 7.56% from $2,406 to $2,224, according to CoinDesk Research’s technical analysis model. The sudden price drop triggered heavy trading activity, with more than 751,000 ETH changing hands—nearly five times the average hourly volume. Despite the steep decline, buyer interest surged around the $2,250 level, helping the asset recover to $2,292. During the hour following the crash, ETH rose 0.19% from $2,287.54 to $2,291.92. A volume spike at 05:58 accompanied a 3.15% price jump on 7,314 ETH, establishing a new support zone near $2,290. The price…
Digital Asset, the firm behind institutional blockchain Canton Network, has raised $135 million, the company announced on Tuesday. The strategic funding round was co-led by DRW and Tradeweb Markets, while Wall Street and fintech firms Goldman Sachs, BNP Paribas, Circle Ventures, Paxos, Polychain Capital, and QCP also participated. Digital Asset will use the cash to “accelerate institutional and decentralized finance adoption on the Canton Network,” the announcement read. 🧵🚀 We raised $135M, led by @DRWTrading and @Tradeweb, with funding participants:@BNPParibas, @circle, @citsecurities, @The_DTCC, @GoldmanSachs, IMC, @LCVentures, @OptiverGlobal, @Paxos, @polychain, @QCPgroup, @joinrepublic, @7RIDGE1, and Virtu Financial. This isn’t just… pic.twitter.com/POyXOqbWaZ —…
IOTA Identity v1.6 Beta is out and adds improved DID Communications for users’ safety. Launched at the East Africa Web3 Summit, it highlighted IOTA’s role in trade and supply chain transformation. IOTA has introduced a significant upgrade with its Identity v1.6 Beta rollout, aiming to improve how people and businesses manage digital identities. The announcement was made on May 30, 2025, during the East Africa Web3 Innovation Summit in Nairobi. The update positions IOTA as a key player in real-world blockchain use with new security, speed, and privacy features. Identity v1.6 Beta Pushes Digital Trust to New Level The release…
Russia’s largest stock market, the Moscow Exchange, will offer a new crypto futures contract, this time based on its own recently introduced Bitcoin index. The announcement comes after the exchange registered increased investor interest in its first such product issued earlier in June and based on a well-known Bitcoin ETF. Moscow Exchange to launch Bitcoin index futures The Moscow Exchange (MOEX) will soon present Russian investors with a new crypto derivative, its Managing Director, Vladimir Krekoten, unveiled in an interview with the business news portal RBC published on Tuesday. The platform’s own Moscow Exchange PFI Bitcoin Index (MOEXBTC), first calculated…
CleanSpark (CLSK), a U.S.-based bitcoin BTC$106,199.49 mining firm, said Tuesday that it reached 50 exahashes per second (EH/s) of operational hashrate — a milestone that makes it one of the largest mining operations in the world.The company built and operates more than 30 sites across Georgia, Mississippi, Tennessee and Wyoming. A vertically integrated setup gives CleanSpark control over energy procurement and operations, helping reduce costs and boost uptime. “It reflects years of focused strategy, disciplined execution, and a relentless commitment to doing things the right way,” said CEO Zach Bradford. Hashrate is a metric used to measure the computing power…
Unit Zero announced an exclusive partnership with Asterizm, a trustless cross-chain communication protocol. This integration aims to allow gas-efficient and secure messaging on over 25 native blockchains, including EVM-aligned chains, Solana, and TON. As opposed to a traditional solution that relies on oracles or wrapped assets, Asterizm provides a trustless design and reduces the need to use intermediaries and bridges, increasing protocol security in the process. 🚀 Unit Zero x Asterizm: Unlocking Seamless Cross-Chain Communication ⛓️💥Unit Zero integrates with @Asterizm_layer — a next-gen, trustless cross-chain protocol🔍 Why it matters:Most cross-chain tools rely on oracles or wrapped assets. Asterizm changes that…
Bitget announced a partnership with DWF Labs today, aiming to provide institutional-grade liquidity to USD1, World Liberty Financial’s stablecoin. DWF Labs will provide the liquidity, while Bitget can offer its reputable platform and capital efficiency. If successful, this partnership can fulfill several of Bitget’s goals. Bitget’s USD1 Initiative Bitget, one of the most popular crypto exchanges, has recently been increasing its presence in the stablecoin market. Last month, it listed Ripple’s RLUSD to expand its stablecoin offerings, announcing a similar yield-bearing stable asset certificate shortly beforehand. Today, Bitget continues this trend by teaming up with DWF Labs to boost USD1.…
According to data provided by cryptocurrency analytics firm Lookonchain, a major Ethereum (ETH) whale recently panicked, selling a whopping $12.11 million worth of the largest altcoin. The whale in question continues to hold roughly $12 million at press time. Earlier today, the Ethereum (ETH) price plunged to as low as $2,240, according to data provided by CoinGecko. The OG whale is not alone. A few hours ago, Lookonchain also revealed that another wallet deposited $28.9 million worth of Ethereum (ETH) to Binance, which strongly indicates that there could be substantially more selling pressure. Some other whales also panic-sold thousands of…
Publicly traded companies might have a new favorite cryptocurrency to dump billions of dollars into, in the hopes of sending their stock prices soaring—and it’s not Bitcoin, or even Ethereum. It’s BNB. On Tuesday, Nano Labs, a publicly traded blockchain infrastructure provider in China, announced a near-term plan to purchase $1 billion worth of BNB. The company plans to store the immense trove of tokens in a corporate treasury, and said today that it eventually intends to hold between 5% and 10% of BNB’s total circulating supply—a staggering sum worth between $4.7 billion and $9.4 billion at writing. Upon news…
Cryptocurrency analysis company Santiment shared the 10 DeFi-themed altcoins that crypto developers focus on most in its latest report. Santiment analysts based the list on code changes on public Github pages of open-source cryptocurrency projects. The company also says it uses a system to prevent fake changes from creating the perception of high developer activity. Compared to the previous list, there are significant changes in the list. Chainlink (LINK), which ranked high in almost all developer activity scores, has returned to the first position in the new list, significantly widening the gap with the second-placed altcoin. However, it is also…