Author: NBTC
Ethereum price is currently navigating a critical juncture following a volatile weekend that saw both bullish momentum and short-term exhaustion. As of June 17, Ethereum price today stands near $2,578, showing signs of consolidation after a failed breakout above the $2,650 resistance zone. Traders are closely watching whether ETH can sustain support above $2,510 or face renewed downward pressure. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) Ethereum’s weekend rally was sharply rejected at the $2,680–$2,700 zone, a key supply area highlighted in multiple timeframes. The 4-hour chart reveals a breakout attempt from a descending wedge, but the…
Global Dollar Network (GDN) announced the launch of Global Dollar (USDG) issued by Paxos on the Ink Blockchain – Layer-2 blockchain released by Kraken. USDG on Ink provides users and developers a stable asset for transactions, liquidity provision and interactions with many different DeFi applications. Features of USDG serving demanding onchain environments: – Fully backed 1:1: Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar. USDG is redeemable from Paxos on a one-to-one basis for US dollars. – Trusted and transparent: Paxos publishes monthly reserve reports for all Paxos-issued stablecoins, including USDG, to ensure full transparency and…
Global crypto exchange Binance announced that the Spark (SPK) token will be supported in many products and transaction channels as of June 17, 2025. SPK will be available on Binance Simple Earn, Buy Crypto, Convert, Margin and Futures platforms at specified hours. Binance Adds Spark (SPK) Token to Earn, Buy-Sell, Convert, Margin and Futures Platforms Binance Simple Earn SPK will be added to the Binance Simple Earn platform as a flexible product on June 17, 2025 at 12:00 GMT, and users will be able to start a subscription as of this time. Buy Crypto Within an hour after the SPK…
The total value of Ethereum held by U.S. spot Ethereum ETFs has reached a new all-time high, and dominating the numbers is BlackRock. According to the latest on-chain data, U.S. spot Ethereum ETFs now hold a combined 3.91 million ETH (ETH) in assets under management (AUM), valued at approximately $10.56 billion. The rise in AUM follows a steady streak of net inflows in recent weeks, signaling strong and growing investor interest. Over the past 19 days alone, the funds have pulled in more than $1.37 billion in net inflows, accounting for roughly 35% of their total since inception. Although the…
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge. According to Ardoino, Juventus has not permitted Tether to participate in the capital increase process, which began in April 2025. Without this formal approval, Tether cannot inject new funds, regardless of its willingness or financial capacity. He stated: “Tether looks forward to being a part of…
In the latest chapter of the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has filed a new letter backing a joint request for an indicative ruling from the court. This means Ripple and the SEC are asking the judge to give a signal that they can move forward with a settlement while keeping the original court ruling in place. Ripple made it clear they are not asking the court to change the earlier judgment. In the letter, Ripple said that even if the court removes the specific order requiring them to “obey…
As the mainnet launch of Valhalla, Floki’s flagship play-to-earn metaverse game, draws near, the team is launching a sweeping, 4-week programmatic display campaign to target gamers and crypto enthusiasts around the world. The campaign, which begins June 20 and runs through July 17, is part of Valhalla’s multi-channel global rollout. It focuses on automated, intent-driven ad placements across high-traffic websites. This display effort coincides with Floki’s massive YouTube video campaign and complements earlier launches on Reddit and Twitch, making it one of the most aggressive crypto gaming pushes in 2025. What Makes This Campaign Different Programmatic display is a data-driven,…
Bitcoin price has climbed sharply over the last 24 hours, continuing its upward momentum from a recent bullish trend. The asset is currently trading above $107,000 after forming strong support levels. Major altcoins such as Ethereum, priced at $2,500 at the time of writing, are all showing a steady increase as well. XRP, Solana, and Dogecoin are making positive movements in the market today. The whole crypto market is witnessing this growth, as the total market capitalization went up to $3.34 trillion with an increase of 1.65% over the timeframe. Bitcoin Price Resurges Above Head & Shoulders Neckline Bitcoin price…
Ethereum is currently exhibiting bearish behavior, highlighted by a divergence between price action and the RSI indicator. The market appears to be in a consolidation phase, with a decisive breakout likely to determine the next significant move. Technical Analysis By ShayanMarkets The Daily Chart ETH remains stuck in a consolidation phase, trading just beneath the critical $2.8K resistance zone and the 200-day moving average. The price action within this area has lacked upward strength, with the market gradually forming an ascending flag pattern. The range is clearly defined by resistance at $2.8K and support near the $2.4K demand zone. A…
Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week’s 2,000% surge. The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million to launch an ether ETH$2,506.40 treasury strategy, with ether co-founder Joseph Lubin to join the company board as chairman. The company Monday morning announced the closing of that fundraising. SharpLink sold 69 million shares to raise the capital. Pharmaceutical entrepreneur Martin Shkreli last week noted that most of those shares can’t…