Author: NBTC
Dubai has been actively involved in the cryptocurrency market in recent days. Dubai, which has announced partnerships one after another, has now partnered with a new altcoin. According to the statement, Sui Network (SUI) announced its collaboration with Dubai to support startups and grow the crypto ecosystem. Accordingly, Layer-1 blockchain Sui Network announced that they have partnered with the Dubai Virtual Assets Regulatory Authority (VARA). “Big news from the Middle East. Sui Dubai is proud to partner with VARA to support startups, nurture local talent, and grow the virtual asset ecosystem together. We are delighted to become an official blockchain…
Tornado Cash founder Roman Storm has called out the Department of Justice (DOJ), alleging that the agency is trying to “crush” him. Storm claimed that the DOJ is blocking his expert witness from testifying ahead of his trial on July 14, which is about a month from today. The legal battle between Tornado Cash and the United States government has been ongoing for a while. In 2023, the US government sanctioned the platform for allegedly aiding the North Korean hacker group, Lazarus. Since then, Storm has fought these allegations, which has led to the impending trial and witness dispute. According…
Another closely watched Hyperliquid whale suffered losses from its long position. The whale, recognized as one of the most experienced traders in the crypto space, switched to a short position with 20X leverage. Another Hyperliquid whale was pushed out of its long position following the downturn of BTC prices. The whale, recognized as @aguilatrades, is one of the oldest known participants in the BTC market. Unlike Wynn, this trader hardly publicizes its decisions and trades, and is not seeking popularity. The new wallet was identified just days ago and tagged by on-chain investigators. AguilaTrades(@AguilaTrades) has closed his $BTC long position…
Bitcoin’s sudden surge past $107,000 is not just a bullish chart moment; it is a liquidation event of epic proportions that has turned the tables on short-sellers in a big way. In the last few hours, BTC’s rapid ascent triggered a wipeout of over $39 million in liquidations, with an impressive $38.95 million from shorts alone, versus a tiny $73K in long positions, according to data visualized on CoinGlass. That is not just imbalanced — it is a 53,247% skew in favor of long positions, making it one of the most lopsided liquidation snapshots Bitcoin has seen in a while.…
Ethereum ( ETH) has had a bumpy year, tumbling 24% since Jan. 1 and sitting a whopping 48% below its peak price. But don’t count ETH out just yet—prediction markets are buzzing with optimism. Over on Polymarket, 25% of traders are betting ETH will hit $3,000 by the end of the month, while Kalshi’s wagers also show plenty of love for the crypto world’s No. 2 player. Ethereum’s Future Divides Prediction Markets—$1K Crash or $6K Rally? Ether’s $306 billion market cap makes up 9.3% of the crypto world’s $3.27 trillion total—but it hasn’t been all sunshine and rainbows. Compared to…
Stocks and crypto lost a little bit of ground on Friday as President Donald Trump accused China of violating a recent trade agreement. Trump says on Truth Social that he had previously decided to make a deal with China because his tariffs were plunging the Asian giant into “grave economic danger.” But according to Trump, his efforts did not pay off, as he says China breached a deal with the United States. “I saw what was happening and didn’t like it, for them, not for us. I made a FAST DEAL with China in order to save them from what…
San Francisco-based fintech giant Ripple has unlocked over $2.2 billion worth of XRP from its escrow accounts. As part of its regular monthly routine, Ripple released 1 billion XRP tokens from escrow for June 2025. At the time of release, the tokens were valued at approximately $2.21 billion. Transaction Details Crypto tracking service Whale Alert flagged Ripple’s latest escrow activity. According to a series of posts on X, Ripple released the 1 billion XRP through three separate transactions. In the first transaction today at 1:42 (UTC), Ripple released 400 million XRP worth around $882.47 million from escrow into its ‘Ripple…
UBS spotlights blistering Senate momentum on a sweeping economic bill packed with permanent tax incentives and trade reprieves, all under crushing pressure to meet July deadlines. UBS Sees Fast-Track Senate Action on Key Economic Bill Amid Trade Reprieves and Deadline Pressure Global investment bank and financial services giant UBS published its Washington Weekly report on June 13, providing a comprehensive update on U.S. legislative and trade developments. The publication, issued by UBS Wealth Management USA and authored by the UBS Editorial Team, examined the progress of the “One Big, Beautiful Bill” as it moves from the House to the Senate.…
Analytical platform CryptoDiffer reported that $1.16 billion worth of liquidations occurred on centralized exchanges (CEXs) over the past 24 hours. Geopolitical tensions, particularly Israel’s military strike on Iran, are widely seen as the main driver behind this sharp surge. The attack caused a stir in the world markets, leading to a sharp drop in Bitcoin’s value and widespread liquidations across major cryptocurrency exchanges. Binance and Bybit Drive 71% of Crypto Liquidations Binance made the largest contribution to the liquidations. Liquidations on the exchange totaled $458 million and constituted 39.48% of the total. Bybit followed close behind, having $376 million, or…
Hive Intelligence has formed a strategic alliance with KaJ Labs Foundation. The partnership will develop the SaaS product (Lithosphere) faster and make use of Hive blockchain analytics with the KaJ Labs Lithosphere product. Bridging Blockchain and AI Through Real-Time Intelligence Hive Intelligence, with its infrastructure specialized in AI agents, offers a solid and easy-to-use API providing real-time multi-dimensional blockchain data. With this new integration, Hive, addressing the latest generation of data feeds, can now be accessed by the Lithosphere, the AI-driven cross-chain network of KaJ Labs, giving it the power to reconsider and respond to on-chain information improvements. The two…