Author: NBTC
It’s only a matter of time until every cryptocurrency exchange and fintech firm is running its own blockchain, according to OP Labs, builder of Ethereum overlay protocol Optimism. The logic is straightforward and simple, says OP Labs head of product, Sam McIngvale, pointing to the runaway success of Coinbase’s layer-2 (L2) network Base since its debut in 2023. For a start, Base has accrued an incredible ecosystem of users and developers to back the exchange, McIngvale said. But the biggest no-brainer is how a system like Base, combined with Coinbase’s bitcoin-backed loans, allows dormant crypto assets sitting in custody to…
Bitcoin (BTC) is showing renewed signs of strength, with analysts closely watching a critical resistance level that could trigger the next leg higher. As of Monday, June 9, 2025, Bitcoin is trading at $106,830, up 1.6% over the past 24 hours, according to the latest market data. Daily trading volume currently stands at $39.45 billion, a healthy 9.67% increase, reflecting building interest around a potential breakout. Crypto strategist Michaël van de Poppe (@CryptoMichNL) highlighted the importance of the $106,500 level, calling it a key technical barrier that BTC must clear to reignite its uptrend. “I assume that we’ll be starting…
Corporate interest in digital assets is gaining momentum, with public companies increasingly allocating Bitcoin and Ethereum to their balance sheets, according to Binance Research’s latest weekly report. Binance reported that more than 117 listed companies now hold over 800,000 BTC collectively, including recent adopters like Trump Media & Technology Group, which launched a $2.5 billion BTC strategy backed by 50 institutional investors. The report also noted Ethereum’s (ETH) growing presence in corporate treasuries, with SharpLink unveiling a $425 million ETH initiative advised by Consensys co-founder Joseph Lubin. You might also like: Brazilian firm Méliuz seeks $26m raise to buy more…
While Bitcoin (BTC) is set to break new records in 2025, altcoins are still waiting for an explosive rally. As hopes for a rally continue for altcoins, cryptocurrency analysis platform Santiment announced the four altcoins that whales transferred the most to exchanges. Accordingly, Santiment said that significant transfers were seen to exchanges in four altcoins in the last 24 hours. These include PayPal USD (PYUSD), SSV, Threshold (T), and ImmutableX (IMX). “There are several notable altcoins that have seen significant token transfers to exchanges in the last 24 hours. Here are the top transfers we’ve been tracking: PayPal USD (PYUSD):…
CBDT issues mass notices to crypto traders in India, urging them to update ITRs and declare Virtual Digital Asset income. The probe targets undeclared crypto income, offshore wallets, and cash conversions; non-compliance may trigger scrutiny. India’s Central Board of Direct Taxes (CBDT) has initiated a large-scale investigation into individuals and entities who failed to report income from Virtual Digital Assets (VDAs), including cryptocurrencies. What Happened? The CBDT has identified widespread non-compliance related to crypto income and has sent notices via email, asking recipients to update their Income Tax Returns (ITRs). “The department has recently sent emails to thousands of defaulting…
Crypto.com today rolled out its boldest credit card offering yet with the launch of the Crypto.com Visa Signature® Credit Card, inviting U.S. consumers to “Spend in dollars. Earn in crypto.” The new card features industry-leading cashback rates and a suite of premium perks, all delivered directly through the Crypto.com App. In a strategic play to win over mainstream spenders, the Visa Signature card offers 3.5% back in CRO‡ on all purchases for the first 12 months—with rates reverting to 3% thereafter—alongside a $500 CRO welcome bonus for new cardholders who meet the initial spend threshold. Cardholders can manage their balances,…
The Internet Computer Protocol (ICP) will integrate Solana in an attempt to create multi-chain apps. ICP has already integrated Bitcoin and Ethereum, and is capable of hosting DeFi projects at a lower cost, while tapping the liquidity in those networks. Dfinity Foundation, the creator and major contributor to the Internet Computer Protocol (ICP) announced the integration of Solana onto the ICP chain. The new integration uses ICP’s Fusion technology, allowing the protocol to connect to some of the world’s most active public blockchains. “By bridging the gap between Solana and ICP through Chain Fusion, we are granting developers with powerful…
Bitcoin (BTC) exploded upward with a $2,000 surge in hours, forming what traders often call a “god candle.” The BTC price jumped from $105,525 to $107,749 on the four-hour chart in a single candlestick, a move that has caught the market’s attention. The surge follows a death cross, typically a bearish technical pattern where the 50-period moving average crosses below the 200-period, which appeared on the four-hour chart over the weekend. Interpreted as a warning sign for further downside, this signal was quickly invalidated as Bitcoin rocketed past key resistance levels. The markets reacted to the move, with analyst Moon…
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Alon Muroch is a man on a mission. As the founder of SSV Labs, which contributes to the second-largest Ethereum staking infra provider, SSV Network, Alon has been passionately championing the virtues of the industry’s number-two coin since the early days. Long before Ethereum switched to Proof of Stake, Alon contributed to the initial Ethereum clients. And Eth’s lackluster performance and knockdown price are bothering him. A lot.…
New York City Comptroller Brad Lander rejected Mayor Eric Adams’s proposal to issue municipal bonds backed by Bitcoin, even going as far as tagging it “irresponsible.” Lander has been adamant that New York City will not issue Bitcoin-backed bonds on his watch. His stance directly opposes Mayor Adams, who is famous for his love of crypto. The division on the topic could be settled when the city heads to the polls, as both men are candidates for November’s mayoral election. Mayor Adams is running as an independent, and Lander is the Democratic candidate. Caught up with @NBCNewYork this morning to…