Author: NBTC

Bitcoin slid on Tuesday as weakness in U.S. tech stocks appeared to spill over into crypto markets. The crypto asset fell about 1% over the past 24 hours, trading at $106,175 at press time as traders took profits after ending June above the $107,000 for its highest-ever monthly close. Sentiment equally soured in equities with shares of Tesla (TSLA) and Nvidia (NVDA) both taking heavy losses, dragging the Nasdaq lower by about 0.6% — a pattern that often weighs on digital assets. Tesla was lower by 5.4% in afternoon trade after the Donald Trump/Elon Musk spat re-erupted alongside the momentum…

In a significant move that has caught the attention of the cryptocurrency world, the 1inch token has recently experienced a notable surge, driven by strategic acquisitions from its own development team. This internal show of confidence isn’t just a ripple in the vast crypto ocean; it’s a powerful signal that could reshape perceptions and investment strategies surrounding one of the leading decentralized exchanges. Let’s dive deep into the on-chain data to uncover the full scope of this fascinating development and what it truly means for the future of 1inch and the broader DeFi ecosystem. Why is the 1inch Token Gaining…

Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers on July 10, enabling users to earn staking rewards on their crypto holdings with as little as $1. The new feature expands Robinhood’s staking offerings beyond Europe, allowing American customers to participate in blockchain validation without directly running validators themselves. For Ethereum, Robinhood will use a batch-processing method that pools customer stakes to meet the network’s minimum 32 ETH validator requirement. Depending on aggregation dynamics, users can expect to receive between 50% and 100% of Ethereum’s protocol staking rewards. Solana staking is also now available, with Robinhood managing…

Key Insights: A whale withdrew $17.5M in ETH from Binance over 3 weeks, signaling strong accumulation behavior. Ethereum price followed a Wyckoff pattern with a $2.9K top and $2.1K spring, now targeting $2.8K–$3.5K. ETH bounced from a long-term accumulation range near $2,350, with charts projecting a $4K rally. Ethereum (ETH) price has witnessed strong structural support in the last few weeks as large-volume purchases prevail in the exchanges. Analysts have also identified crucial resistance levels that may define whether ETH can hit the $4K mark soon. Whale Withdraws $17.5M Worth of ETH from Binance Analyst Ted Pillows shared on-chain data…

Truth Social, the social media platform founded by U.S. President Donald Trump, has signaled it will launch a utility token as part of its new loyalty rewards program tied to its Patriot Package subscription plan. “In the near future, based on their level of engagement with the platforms, Patriot Package subscribers will accumulate gems on their Truth Social accounts. These will eventually be tied to a utility token on both Truth Social and Truth+,” it said. The Patriot Package, currently in public beta, costs $9.99 a month and offers access to 12 “premium, non-woke news channels,” expanded video-on-demand content, a…

Florida’s Attorney General has opened an inquiry into Robinhood’s crypto business, alleging the company misled customers about the costs of trading digital assets. The fintech firm is accused of portraying its trading app as the most inexpensive way of purchasing cryptocurrencies, a claim the state’s office says is false. According to a news release, the Attorney General’s office sent a subpoena seeking internal records related to Robinhood’s crypto offerings and how it sets fees and commissions. In the release, Florida Chief Financial Prosecutor Brad Uthmeier said, “Crypto is a vital component of Florida’s financial future, and President Donald Trump’s efforts…

The share price of Bitcoin miner BIT Mining soared 143% on Thursday after the company announced plans to raise $200-$300 million to create a Solana Treasury and convert its existing holdings into SOL.  Akron, Ohio-based BIT Mining was recently trading for over $5 a share, according to Yahoo Finance. The company’s share price has lingered below $3 for much of this year.  “We are excited to take this bold step into what we believe is one of the most dynamic and promising ecosystems in the blockchain space,” BIT Mining CEO Xianfeng Yang said.  The announcement comes as miners have faced…

Ethereum price started a fresh increase above the $2,520 zone. ETH is now correcting some gains and might aim for a fresh move above $2,580. Ethereum started a fresh increase above the $2,520 level. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Revisits Support Ethereum price started a fresh increase above the $2,550…

DDC Enterprise, the company behind Asia-based brands DayDayCook, Nona Lim and Yai’s Thai, which trades on the New York Stock Exchange (NYSE) under the ticker symbol “DDC,” has raised up to $528 million in capital commitments with the goal of growing institutional Bitcoin (BTC) reserves. The funding comes via a $26 million private equity investment (PIPE) with “leading” digital asset investors, a $25 million convertible note issuance, a $2 million private placement and a $200 million equity credit line with Anson Funds, the company said Tuesday. DDC also retains the option to raise up to $275 million in additional capital…

Pump.fun’s official token, PUMP, is trading at a mark price of $0.0056 on derivatives platform Hyperliquid, a value 40% above its upcoming ICO price, as futures begin pricing in demand ahead of the July 12 token sale. The token’s PUMP-USD perpetual pair went live on July 9 following community requests, offering up to 3x leverage. In its first 24 hours, the pair generated $30 million in trading volume, suggesting strong speculative interest despite the token not yet being live on-chain. Open interest stood at over $17 million as of Asian morning hours Thuesday, but activity is expected to accelerate after…