Author: NBTC

On-chain data suggests Ethereum doesn’t face any dominant resistance levels until $3,417, something that could open up the path to the mark. Ethereum Cost Basis Distribution Shows Resistance Ahead Is More Spread Out In a new post on X, the on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution is looking for Ethereum right now. The “Cost Basis Distribution” is an indicator that tells us about how much of the asset’s supply was last purchased at which price levels. First, here is a chart that shows what the cryptocurrency’s latest breakout has been like from the perspective…

Initial DEX Offerings (IDOs) have come a long way since supplanting Initial Coin Offerings (ICOs) as the predominant fundraising model in Web3. Although renowned for helping early-stage crypto projects raise capital, and furnishing profit-seekers with juicy investment opportunities, the IDO model is somewhat flawed. Not that you’d know it from a cursory glance at the figures: crypto projects raised $16.1 billion last year, a whopping 53% increase on 2023, with launchpads responsible for a significant percentage. So, what’s the alternative to Initial DEX Offerings? And are IDO launchpads on borrowed time? Read on to find out. From ICOs to IDOs…

Nova Wallet, together with Mercuryo, Quicko, and Mastercard, has launched the first debit card for the Polkadot ecosystem. Now, users can top up the new card in crypto DOT and use it for daily purchases, with the tokens being converted into fiat currency. Nova Wallet and the first Mastercard debit card for the Polkadot ecosystem Nova Wallet: the Polkadot debit card available in Europe The price of DOT Nova Wallet and the first Mastercard debit card for the Polkadot ecosystem Nova Walletis about to launch the first debit card on the Mastercard network, for the Polkadot ecosystem. Thanks to the…

Crypto-asset service providers in the Philippines must now obtain licenses and adhere to strict disclosure requirements under what is considered the country’s most comprehensive digital asset framework to date. CASPs operating within the country are mandated to register as local corporations with a minimum paid-up capital of ₱100 million (US$1.8 million). The new guidelines, initially issued on May 30 under the Philippines SEC Memorandum Circular No. 5, took effect on Thursday. Companies are also required to maintain physical offices, segregate customer assets from corporate holdings, and submit regular operational reports. The regulator would also require documentation on any digital asset…

The CESS Network has recently formalized its collaboration with Blazpay, an AI-based DeFi platform. This move will significantly strengthen decentralized data infrastructure. The partnership focuses on combining conversation AI with safe and decentralized storage systems optimized for the Web3 ecosystem. Blazpay offers a user-friendly AI interface to make user interaction with decentralized finance easier. The two platforms will simplify crypto operations by collaborating with CESS, a decentralized storage protocol specializing in privacy-first data applications. We’re excited to announce our partnership with @CESS_Storage – the decentralized data infrastructure fueling secure, AI-ready storage and delivery across Web3! 🤝CESS revolutionizes AI, DeSci, Gaming…

The Bitcoin market was recently subject to a significant price dip as a public feud between US President Donald Trump and the world’s richest man, Elon Musk, on Thursday negatively impacted the US financial markets. During this period, the premier cryptocurrency crashed by an estimated 5% from $106,000 to trade below $101,000. Interestingly, despite the short-term volatility, several key technical indicators now point to a potentially bullish setup. In fact, this latest pullback appears to complete a series of signals that historically precede major price rallies. Bitcoin Set For Price Surge, First Target At $130,000 In an X post on…

Ethereum (ETH) price may be set for a further rally, with on-chain data and market activity suggesting a possible rise to $3.40. Notably, this may happen soon, provided it holds above key support levels. Based on this outlook, analysts and market observers closely watch recent whale movements. ETF inflows and cost-basis distribution are also observed for clues about where the price might go next. Cost Basis Distribution Shows Strength Around $2,750 According to a recently released data by Glassnode, Ethereum broke out above $2,700. This occurred with the 200-week moving average acting as a key support level. Per the update,…

A major XRP transaction got attention on June 3 after 27.1 million XRP — worth about $60.1 million — was sent to Coinbase from a mystery wallet. Whale Alert pointed out that the transfer was from an “unknown wallet” to Coinbase. Of course, that set off a lot of speculation. Was a whale getting ready to sell? Was this an outside group moving in? The timing made it interesting — the XRP price was quoting at about $2.24 and gaining some upward momentum. Large exchange inflows can sometimes be a sign that the market is about to move, so traders…

The XRP community is keeping a close eye on the long-running Ripple vs. SEC lawsuit, with an important deadline approaching. On June 16th, the U.S. Securities and Exchange Commission (SEC) is expected to submit its official status report, which could decide whether both sides need more time to settle the case — or if the legal battle will continue in court. To recap, Ripple and the SEC agreed earlier this year to pause the case for 60 days while working on a possible settlement. The court approved this pause on April 16, 2025. As part of the proposed deal, Ripple…

Quack AI, a renowned AI-based governance platform, has recently confirmed its strategic collaboration with SoonChain, a cutting-edge AI-driven L2 blockchain devoted to gaming. The partnership aims to bolster AI-native governance for decentralized gaming platforms. The platform revealed this landmark initiative on its official social media account. 🕹 Partnership Confirmed: Quack AI × @soonchain_ai SoonChain is onboarding to Quack AI — bringing AI-native governance to the next generation of Web3 gaming.As an AI-powered gaming L2, SoonChain is pioneering AIGG.Now, with Quack AI, governance gets the upgrade too.No… pic.twitter.com/25d0KVLkRP — Quack AI (@QuackAI_AI) June 12, 2025 Quack AI Joins Forces with SoonChain…