Author: NBTC

Bitcoin traded at $104,678 after posting an intraday high of $105.997 at press time. Despite its steady hold above the six-figure mark for nearly a month, a growing number of long-term holders are taking profits. Technical analyst EGRAG CRYPTO has released a chart predicting a cycle top at $175,231 and a retracement low near $34,000, raising questions about how the market will react in the months ahead. EGRAG’s Chart Forecasts $175K Bitcoin Top Then $34K Bottom The forecast provided by EGRAG uses long-term Fibonacci extensions, moving averages, and market cycle durations. According to the analysis, the 1.618 Fibonacci extension, at…

Ethereum holds above $2,500 as institutional inflows rise and bulls defend key support at $2,395. Will ETH retest $2,699 next? The broader crypto market remains muted as tensions in the Middle East escalate. Ethereum holds ground around $2,500, with lower price rejections suggesting bullish support at lower levels. Amid these conditions, will institutional support revive a bullish trend in Ethereum? Ethereum Price Analysis On the daily chart, Ethereum’s price shows a declining trend from last week. It is currently subsiding slightly above the 38.20% Fibonacci level at $2,395. At present, Ethereum trades at approximately $2,522. The lower price rejections, evident…

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “The global economy is going to work 100 times better because it’s using this new technology that lets us move money in a permissionless, programmable way.” — Jesse Pollak Imagine if Twitter, instead of publishing the world’s stream of consciousness in real time, embargoed our posts during the day and released them all at once at 2 am every day. Or if the New York Times stockpiled its journalists’ daily output and published it in a single daily batch. Such is the pre-internet dystopia in which our…

XRP loans to be offered only to NYSE and NASDAQ-listed firms starting Q3 2025. Loans will be secured by assets or converted into stock and posted on the XRP Ledger. XRP futures on CME will be used to hedge risk and manage market exposure. Ault Capital Group, a subsidiary of Hyperscale Data, has revealed plans to introduce a beta version of an XRP-based lending platform in the third quarter of 2025. The new platform will target publicly traded firms and aims to offer enterprise-level access to decentralized finance through loans issued in XRP. The announcement follows Hyperscale Data’s recent move…

BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has also granted underwriters a 45-day option to purchase an additional 337,500 shares to cover potential over-allotments. The offering is expected to close on June 6, pending customary conditions. BitMine intends to use all of the funds raised to purchase Bitcoin (BTC), aligning with its strategy of acquiring Bitcoin through mining and direct investment. With operations in Trinidad and Texas, the…

Ethereum cofounder Joseph Lubin is in the hot stories again — this time with a deep endorsement of what he is calling one of the most compelling theses on ETH to date. The thesis compares ETH not just to a digital currency but to something much bigger: a kind of “digital oil” or “energy” that powers a re-decentralized global economy. The idea is not a new one; it is similar to some of the early Ethereum metaphors, but Lubin says it is more relevant now than ever, especially with the huge growth in AI, data infrastructure and decentralized protocols. Lubin…

SEOUL, June 24 (Reuters) – The senior deputy governor of South Korea’s central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated commercial banks. Stablecoins, a type of cryptocurrency designed to maintain a constant value – typically pegged at 1:1 to the U.S. dollar – are widely used by crypto traders to move funds between tokens, and are starting to be adopted by more and more companies. “It is desirable to first allow banks, which are under a high level of regulations, to issue (won-based stablecoins) and gradually expand to the non-bank sector…

Solana Foundation, Jupiter, AIX, and Interbix signed an MoU yesterday to explore dual listing mechanisms and support companies seeking to pursue IPOs. The MoU outlined a framework for collaboration to assess if companies could list their securities on AIX and offer a tokenized listing on Interbix powered by the Solana blockchain and Jupiter. According to Astana International Exchange (AIX) CEO Assel Mukazhanova, the partnership will unlock new efficiencies, increase access to capital markets, and give companies and investors the best traditional and digital asset ecosystems. The MoU aims to explore dual listing mechanisms and blockchain integration The parties involved in…

An analyst with a history of making timely Bitcoin calls believes that BTC is on the verge of a correction. Pseudonymous analyst Dave the Wave tells his 153,800 followers on the social media platform X that Bitcoin may decline to just above a Fibonacci retracement level at $96,000. Fibonacci retracement levels are a method of technical analysis used to determine an asset’s support and resistance levels. “The Bitcoiner of the ‘up only’ variety, might find this chart slightly ‘treasonous,’ but the BTC technician will no doubt find it very promising.” Source: Dave the Wave/X The analyst says that a Bitcoin…

DeChat, a cutting-edge Web3 communication platform, has entered a strategic collaboration with TrustyFi, a leading platform that rewards consumers for providing verified reviews in DeFi landscape. The main focus of this partnership is on enhancing the decentralized community across the Web3 sector. The platform revealed this mutual initiative on social media. Dechat is proud to announce our partnership with @trusty_fi@trusty_fi is the first Web3 platform that rewards users for leaving reviews, empowering the best DeFi protocols to stand out🚀Together, stronger. https://t.co/sCqNEUUs1Y — Dechat (@dechat_io) June 24, 2025 DeChat and TrustyFi Partner to Fortify Decentralization in Web3 Communication DeChat and TrustyFi’s…