Author: NBTC
A graphical error on TradingView caused Bitcoin to temporarily wick to zero on MEXC. This caused a social media uproar, but the glitch was not visible on MEXC’s own platform. Nonetheless, MEXC’s trading volume spiked over 51% in the last 24 hours. Unverified rumors can take off like wildfire if not addressed, potentially leading to token dumps and market chaos. A Bitcoin Error on MEXC MEXC, a Seychelles-based centralized exchange, has been focusing on new upgrades this year. After outpacing competitors with meme coin listings in 2024, it announced today that it’s shifting from quantity to quality. However, this was…
The Ethereum price today is holding near $2,604 after rebounding sharply from the $2,538 level. The rebound follows a bullish breakout from a descending triangle structure seen on the 30-minute and 4-hour charts, fueling optimism that the rally may extend toward the next resistance band at $2,745. Despite recent volatility, the short-term setup suggests a renewed bullish bias—so long as price holds above $2,538. With the altcoin market showing fresh signs of strength and Ethereum price action breaking key trendline resistances, traders are now watching closely to determine: why Ethereum price going up today and what comes next. What’s Happening…
Circle, which filed for an initial public offering (IPO) last month, has explored the alternative of a sale to Coinbase or Ripple, Fortune reported. Circle took part in informal talks over a potential sale from which it was seeking at least $5 billion. This figure would be line with the company’s valuation by investment banks JPMorgan and Citi, which Circle had hired to help with its IPO. Stablecoin issuer Circle, which filed for an initial public offering (IPO) last month, has explored the alternative of a sale to crypto exchange Coinbase (COIN) or payments company Ripple, according to a Monday…
Blum — a Telegram mini app that had 42 million monthly users last year — has announced its airdrop criteria and snapshot date after more than a year of development. The project transitioned from a tap-to-earn model to a trade-to-earn one and is gradually positioning itself as a decentralized exchange (DEX). However, available data suggests Blum has yet to attract significant trading activity amid intensifying competition among DEX platforms. Blum Reveals Airdrop Conditions and Snapshot Schedule In its latest announcement, the team stated that the snapshot will occur on June 7. This snapshot will record user balances and activity to…
As digital assets evolve, we’re starting to see more real-world value being brought on-chain, quite literally. One of the most interesting developments is XAUt0, a new version of Tether Gold designed to work across multiple blockchains. Built on LayerZero’s OFT standard, it lets users move gold-backed tokens between networks without relying on risky bridges or wrapped tokens. In this Q&A, Lorenzo R, Co-Founder of USDt0, walks us through how it all works and why this is such a big deal for the future of crypto and commodities. Lorenzo breaks down what “omnichain” really means in simple terms, explains how gold…
Highlights Bitcoin price fell 5.2% to a low of $100,345 yesterday due to leveraged trade liquidations and geopolitical tensions. Whale James Wynn had long positions worth $16.14 million liquidated, closing all running positions. Despite the downturn, on June 6th, Bitcoin showed a 3% rise, as trade talks between the U.S. and China are set to resume. The crypto market crash gained steam overnight as its top crypto, “Bitcoin price,” fell 5.2% to a low of $100,345. This fall was seen due to the liquidation of leveraged trades, geopolitics, and the Elon Musk-Donald Trump feud. Keep reading, as this article will…
Succinct has demonstrated real-time zero-knowledge proving for Ethereum blocks, generating cryptographic proofs in under 12 seconds. Succinct’s SP1 “Hypercube” zkVM produced a proof for Ethereum block 22309250 (143 transactions, 32 million gas) in 10.8 seconds, and internal benchmarks showed it could prove 93 % of 10,000 recent main-net blocks in under 12 seconds, with an average latency of 10.3 seconds. The achievement marks a technical leap for the zero-knowledge space, with Succinct deploying an entirely new proof system based on multilinear polynomials, optimized CUDA kernels for operations such as LogUp GKR and sum-check, and a low-latency cloud architecture spanning hundreds…
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging technologies, reflecting what many described as a “pro-America” strategy. According to Ardoino, the investments cover a range of sectors, including decentralized media, neuroscience, and Bitcoin mining. Notable recipients include Rumble, a video-sharing platform; Blackrock Neurotech, a brain-computer interface (BCI) startup; and several Bitcoin mining firms…
According to cryptocurrency onchain data, major crypto whales and organizations have made notable transactions in recent hours. According to the data, a crypto whale deposited 3,000 Ethereum (ETH) worth $7.53 million on Binance. The whale moved 10,000 ETH worth $24.55 million to the exchange in the last two weeks. The whale wallet had accumulated 13,478 ETH worth $49 million between December 6, 2024 and January 14, 2025, and currently holds 3,478 ETH worth $8.78 million. According to the data, the whale is facing a total loss of $15.66 million. Digital asset finance company Abraxas Capital, on the other hand, had…
Attention Upbit users and SEI holders! A crucial announcement from one of South Korea’s largest cryptocurrency exchanges requires your immediate attention if you deal with the SEI coin. What’s Happening with Upbit SEI Suspension? Upbit, a prominent Upbit crypto exchange in the global market, has officially informed its users about a temporary halt in services related to the Sei network. Specifically, the exchange will be suspending both deposits and withdrawals of SEI coin. This measure is scheduled to take effect on June 20 at 09:00 Coordinated Universal Time (UTC). It’s important to mark this time and date if you plan…