Author: NBTC
Coinbase CEO Brian Armstrong broke his silence early Tuesday, thanking politicians for advancing the GENIUS Act — a bipartisan stablecoin bill — to the Senate floor. “Getting closer,” Armstrong posted on X, signaling how near the crypto industry is to securing its first U.S. regulatory framework for stablecoins. The Senate vote is scheduled for June 11. With weeks of closed-door negotiations behind it, the GENIUS Act is now widely expected to pass, after Republicans agreed to key Democratic amendments. The GENIUS Act aims to regulate the issuance and backing of U.S.-pegged stablecoins, bringing more clarity and federal oversight to a…
DeepLink has teamed up with AscendEX, a trusted crypto exchange worldwide, to help grow Web3 gaming projects in many countries. By partnering with AscendEX, DeepLink expects to grow faster, which offers its well-known trading services and a broad user base. We’re proud to announce a new partnership with @AscendEX_ , a top 10 global crypto exchange known for helping blockchain projects scale through strategic infrastructure, staking, and market reach.As Deeplink continues to grow its presence across global gaming and DePIN… pic.twitter.com/tizE45c2Tc — DeepLink (@DeepLinkGlobal) May 29, 2025 Five million users can now access reliable services from AscendEX, where they can…
Mastercard says nearly half of its European e-commerce payments are now processed using tokenization technology. Mastercard plans to fully tokenize all European online payments by 2030, integrating Click to Pay and other crypto innovations. Who would have thought that online shopping cards could undergo a silent but far-reaching change? Mastercard has announced that almost half of all e-commerce transactions in Europe now use a tokenization system. So, if you have been shopping online and feel that your transactions are faster and safer, it could be the result of this technology. Tokenization, in short, is a way to disguise sensitive data…
Stablecoin issuer Tether is set to open-source its Bitcoin Mining Operating System (MOS) to enable mining companies of all sizes to run and manage mining infrastructure without relying on third-party software, CEO Paolo Ardoino said Monday. Designed to efficiently manage and scale Bitcoin mining operations, Tether’s MOS integrates all key components of a mining site into a peer-to-peer, serverless network, allowing seamless communications between devices. According to Ardoino, the mining software platform features a peer-to-peer IoT architecture that can operate at different scales, from small Raspberry PI setups to large facilities managing hundreds of thousands of miners. Ardoino expects the…
Italy — Colossus Digital has added Harmony Network (ONE) to its Institutional Hub, deepening its support for Proof-of-Stake (PoS) ecosystems and expanding yield-generating options for enterprise clients. This will allow institutions to stake, manage, and interact with ONE tokens while keeping full control of their digital assets through trusted custody solutions like Fireblocks, Ledger Enterprise, and Dfns. —Unlike retail-focused staking platforms, Colossus offers a custody-native environment purpose-built for institutional use. Every transaction—from staking to token transfers—remains within the custody layer, ensuring maximum security, auditability, and compliance with internal policies. Why Harmony?Harmony is a fast, sharded Layer 1 blockchain optimized for…
Bitcoin hovered at $109,319 as of June 11, 2025, showing resilience amid a cooling phase. The cryptocurrency posted a market capitalization of $2.17 trillion and a 24-hour trading volume of $32.03 billion, with price action ranging from $108,633 to $110,237. Bitcoin On the 1-hour chart, bitcoin displays short-term indecision following a quick rejection from $110,400, which created a localized top. The price has since flattened around the $109,500 mark, with markedly low volume suggesting reduced conviction among traders. Entry opportunities are contingent on a breakout above $110,400 or a breakdown below $108,500. Given the muted momentum, only quick trades with…
Bitcoin and AI tokens were beaten by Ethereum, which had a 46% monthly gain, beating all other major crypto sectors. ETH fee burns throughout the space topped at $22.4 million, with Uniswap and Metamask accounting for the majority of that. DeFi activity remains strong, growing in wallets, exchanges, and infrastructure apps. Ethereum’s momentum remains bullish, as Ethereum still outperforms the rest of the crypto market in growth and activity. A report published by Phoenix Group reveals that Ethereum-based DeFi applications are burning record amounts of ETH, showing rising on-chain usage. During the past 30 days, the total fee burn hit…
According to new data released today to Lookonchain, US-based Bitcoin and Ethereum ETFs witnessed significant net inflows, with total inflows reaching $697.63 million last week. These massive inflows mark a crucial moment for crypto investment. June 10 Update:10 #Bitcoin ETFsNetFlow: +3,565 $BTC(+$391.43M)🟢#Fidelity inflows 1,593 $BTC($174.86M) and currently holds 198,075 $BTC($21.75B).9 #Ethereum ETFsNetFlow: +22,145 $ETH(+$61.38M)🟢#iShares(Blackrock) inflows 13,620 $ETH($37.75M) and currently holds 1,526,751… pic.twitter.com/ufJOzDChoa — Lookonchain (@lookonchain) June 10, 2025 Why Grayscale Bitcoin ETFs noted outflows The data identified that Bitcoin ETFs pulled in $4,475 BTC worth $491.36 million over the past seven days. Most BTC ETFs witnessed positive net inflows over…
Hyperliquid has surged to a new all-time high closing at over $42, riding a wave of renewed market optimism, increased whale activity, and bullish investor sentiment. On June 11, 2025, HYPE (HYPE) jumped by over 8%, pushing its price to a new record of $42.07. The rally extended its gains from the day before, marking a sharp reversal from last week’s dip that brought the token close to the $30 level. The token’s new ATH record caps weeks of growing investor confidence, fueled by positive momentum, fresh exchange listings, and speculation of further upside potential. Trading volume also surged to…
Latvia Aligns with EU Crypto Standards: Bill No. 24-TA-3148 enforces DAC8 and CARF rules, tightening crypto reporting from 2026. Latvia Eyes Blockchain Leadership: With 20+ new startups and clear regulations, Latvia aims to become a top Web 3.0 innovation hub. On June 3, the Latvian Cabinet approved Bill No. 24-TA-3148, a major step toward aligning the country’s tax laws with the Crypto Asset Reporting Framework (CARF) and the EU’s DAC8 directive. The new legislation introduces stricter reporting and due diligence rules for crypto asset service providers and will come into effect on January 1, 2026. Key Highlights of Latvia’s New…