Author: NBTC
The filing has reiterated the bid by Ripple and SEC to modify Judge Analisa Torres’s ruling to enable a settlement. The SEC under Chair Paul Atkins has avoided crypto litigations but promised clear crypto regulations. XRP price has been forming a complex bullish continuation pattern amid anticipated 2025 altseason. The United States Securities and Exchange Commission (SEC) and Ripple Labs filed another motion to U.S. District Court Judge Analisa Toress requesting the dissolution of the existing injunction. According to the court filing dated June 12, 2025, both parties requested the court to order a release of the $125 million penalty…
Animoca Brands, the Hong Kong-based Web3 digital property rights company, has partnered with Cross the Ages, a fantasy-meets-sci-fi transmedia ecosystem built on blockchain technology. The partnership, disclosed on Friday, builds up to the launch of Arise, a multiplayer action role-playing game (RPG), developed within the Cross the Ages universe. Under the agreement, Animoca Brands will provide support for the official launch of the blockchain game, which has reportedly been in development for over two years. The Web 3 game is scheduled for release on Windows PC in the fourth quarter of 2025, with versions for macOS and other platforms to…
USDT is now available on FizenApp through direct integration with the TON blockchain, enabling seamless stablecoin transactions. Growing adoption of USDT in high-inflation regions highlights its use for everyday payments and financial stability. FizenApp users can now use USDT on the TON network, after the stablecoin integration officially launched on June 13, 2025. This announcement came from Tether and was immediately welcomed by the Web3 community as a major advancement—especially for those looking for a practical way to make daily transactions without relying on the banking system. No need to bother using a cross-chain bridge, everything can be done directly…
Bitcoin (BTC) BTC$106,305.83 maintained a steady climb Saturday as U.S. domestic tensions intensified. Markets remained focused on crypto resilience despite unsettling headlines, including an immigration-related standoff in Los Angeles. According to a report by CNBC, over 100 arrests have been reported as clashes continued between protesters and federal agents, prompting President Trump to authorize the deployment of 2,000 National Guard troops. By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, according to Northern Command. Further escalation came with Defense Secretary Pete Hegseth warning that U.S. Marines at Camp Pendleton could also be mobilized if violence persists. Still,…
Ethereum builders outlined a “Lean Ethereum” roadmap that aims to trim layer-1 complexity while hardening security, according to researcher Thomas Coratger on June 12 via X. Co-founder Vitalik Buterin and researcher Justin Drake discussed the concept in a breakout session at the Forschungsingenieurtagung conference in Berlin. It proposes three guiding targets: security, simplicity, and optimality. ‘Lean Ethereum’ Coratger wrote that the roadmap calls for post-quantum-ready signatures and reworked data availability to guard the ledger against future cryptographic threats. He added that simplicity would come from slimming consensus, execution, and data layers so new contributors can audit code without steep learning…
GameStop (GME) shares dropped nearly another 6% on Thursday as investors continued to sell the news of the company’s disclosure of its initial bitcoin acquisitons. The company on Wednesday morning said it had acquired 4,710 bitcoin — a long-awaited move tied to its crypto treasury strategy revealed in March. At that time, the company initiated a $1.3 billion capital raise to help fund BTC purchases. The stock plunged shortly after alongside a steep drop in broader markets on the Trump Liberation Day tariff announcements. Shares, though, bottomed along with markets mid-month and rose more than 60% in the weeks leading…
The Ripple Labs blockchain payments giant appears not to have carried out any stablecoin (RLUSD)-related activity in the last 21 days. As per a post from Ripple Stablecoin Tracker on X, the last time fresh minting of RLUSD occurred was 41 days ago. No new RLUSD minted since April despite market surge Notably, the last recorded minting of RLUSD at the Treasury occurred on April 25, when 11.5 million RLUSD were minted. This is despite the significant uptick in crypto trading activities within the period under consideration. For clarity, within this 41-day time frame, Bitcoin (BTC), the leading digital currency,…
The US Senate has scheduled a final vote on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act for Tuesday, June 17. This legislation, designed to establish a comprehensive regulatory framework for stablecoins, has garnered significant attention as it nears potential passage. The announcement followed a procedural vote for the GENIUS Stablecoin Act carried out by the US Senate on Thursday, June 12, which might lead to fresh crypto regulation. The bill seeks to introduce a regulatory landscape for stablecoins to the crypto space, a milestone for the growing industry as trading and on-chain activity are expected to…
AnimAI, an AI meme engine, has announced a strategic partnership with Credora Network, a crypto platform that provides superior credit risk management across DeFi and CeFi. AnimAI is a crypto platform that combines the power of AI with meme culture. It is a platform where users can create memes using AI infrastructure to transform them into crypto tokens. Users can also leverage various applications like NFTs, staking, and many more to generate more opportunities on the platform. This is the reason the platform is often recognized as an AI-powered meme engine that creates all-round crypto ecosystems. On the other hand,…
Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as sentiment among investors turned to neutral. Bitcoin (BTC) was trading at $105,550 on Sunday, June 8, up by 5% from its lowest point last week. It remains 5.75% below its highest point this year. Bitcoin has wavered recently because of investor profit-taking. In May, its price surged to a record high of $111,900, a 50% surge from the lowest level in April. BTC also wavered as data pointed to outflows from exchange-traded funds. SoSoValue data shows that these ETFs shed $128 million last week after shedding $157…