Author: NBTC
Matt Hougan, chief investment officer at Bitwise, believes that XRP’s success can be primarily attributed to the strength of the community behind the token. Hougan, who attended a recent XRP event in Las Vegas, is now convinced that the XRP world is now embracing the idea that the Ripple-linked cryptocurrency and Bitcoin serve different purposes. “I think the XRP world is embracing the idea that BTC and XRP serve different markets and that BTC thriving doesn’t disrupt what XRP aims to achieve,” he said. As reported by U.Today, Ripple co-founder Chris Larsen, who was backing a Greenpeace campaign targeting Bitcoin’s…
On Wednesday, the Czech Republic’s ruling coalition narrowly avoided collapse following a high-profile Bitcoin scandal that triggered a no-confidence vote in parliament two weeks ago. Prime Minister Petr Fiala’s center-right coalition secured 98 votes against the motion on Tuesday, outnumbering 94 members of parliament who voted to bring down the government, a video from the parliament’s Chamber of Deputies archive shows. What began as a Bitcoin donation quietly transferred from a convicted darknet drug trafficker’s wallet to a justice minister blew up into a storm and triggered a resignation, a criminal investigation, and nearly toppled the Czech government. The latest…
Luffa, a well-known Web3 social ecosystem that provides encrypted and secure communication, has partnered with OTalk, a popular Web3 streaming entity. The collaboration focuses on establishing a unique, privacy-centered, and consumer-owned digital platform leveraging blockchain technology. The platform took to social media to disclose this joint initiative. 🔥 Excited to announce our partnership with@OtalkWeb3 !OTalk is an innovative decentralized Web3 streaming platform committed to delivering a new digital entertainment ecosystem to users worldwide through blockchain technology. With the launch of the OTalk Chain, the… pic.twitter.com/qtBnXzrW6S — Luffa (@LuffaMessage) June 23, 2025 Luffa and OTalk Join Forces to Establish Web3-Led Social…
Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions. The world’s largest cryptocurrency touched a low of $101,500 before stabilizing slightly above $102,000. Bitcoin is now down more than 8% from last month’s peak of nearly $112,000 and further losses could follow if confidence continues to erode. Other top digital assets also declined. Ethereum (ETH) fell to a low of $2,506, down approximately 4% on…
The Ethereum price today is trading near $2,244 after a volatile intraday reversal from sub-$2,150 levels. This rebound follows an early-week rejection near $2,620 and marks a critical moment as ETH attempts to hold above the weekly 0.236 Fibonacci level ($2,026). Price action is now sandwiched between bearish control zones and a key demand cluster, with bulls looking to reclaim lost structure heading into June 24. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the weekly chart, Ethereum price remains capped below the 0.5 and 0.618 Fibonacci levels ($2,744 and $3,066 respectively), while the current candle attempts…
The blockchain landscape continues to make waves on social media, with several L2 projects showing remarkable performance. As per the data from Phoenix Group, $STRK, $ARB, and $ZK are standing atop the prominent layer-2 Projects when it comes to social media activity. Crypto data and analytics platform shared the list of well-known L2 projects in a recent X post. TOP #LAYER2 PROJECTS BY SOCIAL ACTIVITY$ARB $STRK $CELO $ZK $STX $POL $COMBO $OP $CULT $MNT pic.twitter.com/qTQeDekvpj — PHOENIX – Crypto News & Analytics (@pnxgrp) May 31, 2025 $STRK Leads L2 Projects with Robust Social Activity The market statistics reveal that $STRK…
The recent meeting between digital securities platform INX and the U.S. Securities and Exchange Commission (SEC) Crypto Task Force marks a pivotal step in addressing the complexities of crypto regulation. This dialogue highlights the industry’s urgent call for clear regulatory frameworks that can accommodate the unique nature of digital assets while ensuring investor protection. According to COINOTAG, the discussion focused on defining crypto asset classifications and exploring tailored compliance solutions to bridge gaps between innovation and regulation. INX’s engagement with the SEC Crypto Task Force signals progress toward clearer digital assets regulation and practical compliance frameworks in the evolving US…
Nexus, the company building a Layer 1 blockchain for the AI era, today launched the final testnet, marking the last major milestone before mainnet later this year. More than 2.1 million users and 3.6 million nodes contributed over a 5-day period in the previous testnet. Nexus makes it easy for anyone to contribute compute power from any device, even a laptop or phone. With just one click, users can connect at app.nexus.xyz to start earning rewards and help scale a verifiable network built for the AI economy. By offering compute power, users strengthen the Nexus blockchain by equipping it with…
On June 5, Bitcoin (BTC) futures traders saw a huge liquidation imbalance. In just one hour, $5.51 million in positions were cleared, with $5.35 million from longs and just $157,000 from shorts. The resulting 3,399% imbalance is one of the most abnormal hourly imbalances seen in recent trading sessions. This happened during a bigger drop in BTC’s price. In just an hour, Bitcoin experienced a sell-off, moving from above $104,800 to intraday lows near $103,800 before a minor recovery. The downward trend was shown by a few red candles in a row, which is a sign of ongoing selling pressure…
As uncertainty continues to affect the crypto market, a new analysis of risk models indicates that top altcoins, including Ethereum (ETH), Cardano (ADA), and XRP, may be entering key accumulation zones. The data suggests that despite recent price volatility and a broader market downturn, current levels have historically represented buying opportunities. This analysis provides a counterpoint to the prevailing bearish sentiment, highlighting underlying technical setups that could precede a market reversal. What Are Risk Models Telling Us? Analyst Dan said that Ethereum’s risk score has dropped to 29, a level historically known for accumulation — periods when investors quietly buy…