Author: NBTC

Ethereum is showing fresh signs of strength as more big investors enter the market. The second-largest cryptocurrency by value is trading at $2,575, up 1.5% in the past 24 hours. Over the last week, its price has moved between $2,473 and $2,869, during a time when global markets have been uneasy due to the ongoing conflict between Israel and Iran. Trading activity around Ethereum (ETH) has picked up sharply. In the past day, daily spot trading volume rose over 32% to $14.27 billion. At the same time, data from Coinglass shows that futures trading volume is up 26.46% to $53.09…

According to current data, the stablecoin market expanded by approximately $1.31 billion over the past week, lifting the total market capitalization of fiat-linked digital assets to $247.578 billion. This places the stablecoin sector just $2.422 billion shy of the $250 billion threshold. Stablecoin Market Closes in on $250B With Just $2.42B to Go The fiat-pegged token economy continues its upward trajectory and, as of this weekend, remains at its all-time high of $247.578 billion, per metrics from defillama.com. In the span of seven days, it gained $1.31 billion, and since May 1—a 30-day stretch—it has grown by $5.513 billion. Tether’s…

Elon Musk has been publicly criticizing President Donald Trump for his “big, beautiful bill.” It’s legislation the Tesla founder believes effectively wipes out the work he’s done with the Department of Government Efficiency—colloquially referred to as DOGE. On Wednesday, Musk posted a billboard for Quinten Tarinto’s action movie “Kill Bill”, spurring a movement to stop the aforementioned big, beautiful bill. Crypto degens saw this post and launched the Kill Big Beautiful Bill, or KBBB, meme coin via Pump.fun. The token soared to a $53.12 million market cap within its first nine hours, but has since retraced 30% to $36.73 million.…

With stablecoins gaining traction worldwide, Hong Kong is pushing forward with its licensing framework in a bid to position itself as a global leader in the thriving sector. According to Financial Secretary Paul Chan, Hong Kong is speeding up plans to launch its new stablecoin licensing rules by August 1, 2025. His comments, shared in a June 15 blog post, reaffirm the timeline confirmed earlier this month by the Hong Kong Hong Kong Special Administrative Region Government. Chan said the push to fast-track the framework is part of a broader plan to boost Hong Kong’s influence in digital finance, highlighting…

OpGPU and Ice Open Network (ION) have joined forces recently. The partnership will integrate the high-performance GPU cloud services and fast, scalable Layer 1 blockchain to unleash the next leg of Web3 development. 🚀 We’re thrilled to announce a strategic partnership between OpGPU and @ice_blockchain (ION) — uniting two innovative forces to advance the future of decentralized computing and Web3 infrastructure.OpGPU is redefining decentralized GPU computing by offering a secure,… pic.twitter.com/mDXe0GuFfE — OpGPU (@Op_GPU) June 18, 2025 OpGPU, the company that redefined GPU computing, offers a secure, scalable, and economical AI cloud infrastructure. OpGPU enables individuals to utilize high-level GPU…

In the last 24 hours, Bitcoin (BTC) has gained over $2,000, climbing from a low of $105,400.23 to over $107,500. Amid this rally signal, PlanB, a prominent Bitcoin analyst and founder of S2F, has dropped a bullish prediction. Bitcoin RSI retest could spark major bullish rally In a post supported by a chart of the Bitcoin Relative Strength Index (RSI), PlanB suggests that Bitcoin could soar as high as $130,000 before the end of June 2025. He highlighted that the leading digital currency could easily achieve this if its RSI retests 75. Notably, RSI, a technical indicator of an asset,…

Ethereum recovers from key support levels as open interest jumps 4.75%, and short liquidations exceed $34 million. Key resistances are at $2,699 and $2,800. At press time, Ethereum records a 3% intraday gain, mirroring Bitcoin’s bullish recovery. Amid a broader market rebound, the declining Ethereum exchange reserves, alongside growing optimism in the derivatives market, signal a potential upside. Ethereum Price Analysis Eyes Breakout Above $2,699 On the daily chart, Ethereum exhibited a major bullish failure last week, unable to hold above the 50% Fibonacci level at $2,699. This led to a price drop to a weekly low of $2,439, followed…

HashKey Group, which operates in the cryptocurrency and blockchain sector, is on the agenda with the allegations made about it. A report titled “Amid the Public Opinion Storm: What Happened to HashKey?” by Foresight News claimed that the company only has about six months of cash flow left in its coffers and recently laid off a third of its staff. The report also alleged that some of its suppliers were experiencing delays in payments or had their contracts terminated. In response to these claims, HashKey Group issued a harsh statement. The company stated that the news in question was intended…

This is a segment from The Drop newsletter. To read full editions, subscribe. I chatted with Spekter Games founder and CEO Taehoon Kim about crypto gaming and where things go from here. The a16z-backed studio’s flagship game is called Spekter Agency, a mobile-first roguelite battler with crypto elements playable via Telegram. But big-picture first. This slice of our chat was also edited and condensed for clarity: Taehoon Kim: Web3 gaming, you know, is not going that well at the moment. A lot of the projects overpromised and under-delivered, and they were only able to kind of attract the point farmers,…

Binance announced in its official announcement that some Cross Margin and Isolated Margin trading pairs will be removed from the platform as of 09:00 on June 18, 2025. This step was taken to increase trading efficiency in the margin market. Binance Margin To Delist Some Trading Pairs On June 18 Cross Margin pairs to be removed: MOVE/BTC ONE/BTC RUNE/FDUSD TFUEL/BTC TNSR/FDUSD USUAL/FDUSD Isolated Margin pairs to be removed: ONE/BTC TFUEL/BTC TNSR/FDUSD USUAL/FDUSD According to the statement made by Binance, immediately after the decision, users will no longer be able to transfer assets in the above-mentioned pairs to their Isolated Margin…