Author: NBTC

Leading altcoin Ethereum has remained range-bound since Tuesday, delivering a lackluster performance over the past four days. However, institutional investors appear largely unfazed by this price stagnation. On-chain data has shown that they continue to increase their exposure to the altcoin. Ethereum ETF Weekly Inflows Surge 400% After US President Trump announced the Israel-Iran ceasefire on Monday, the market saw some relief from last week’s sell-off and rebounded. On that day, ETH recorded an intraday rally of 8%. However, its price has mostly moved sideways since then, failing to break out clearly in either direction. Interestingly, amid this tepid performance,…

Ant Group denies rumors of a collaboration between Ant Financial Technology and publicly-listed Chinese company Hainan Huatie involving partnerships in RWA and stablecoins. In an official statement shared on the social platform WeChat, the fintech arm of Alibaba addressed rumors circulating about its digital technologies arm collaborating with another Chinese company to pursue web3-related ventures. The company in question is Hainan Huatie, a Chinese company that provides AI-computing services. According to the press release, there’s been widespread speculation that the digital technology firm is gearing up for a cooperation with Hainan Huatie involving stablecoins and real-world assets. The company clarified…

USDe enters Phase 5 with $547M growth, aiming for $14B market cap by August 2025. Supply closely tied to APY shifts, with 45% yields not always driving adoption. Three clear USDe growth cycles marked by issuance surges and followed by redemptions. Ethena’s USDe stablecoin has entered its fifth market expansion phase, registering a net creation of $547 million in May 2025. The new cycle, known as Phase 5, follows a series of growth and contraction periods observed over the past year, as documented by Entropy Advisors. The current total supply of USDe stands at $4.6 billion. If the pattern of…

The approval of spot Bitcoin ETFs in January 2024 and the signing of an executive order by US President Donald Trump on a strategic Bitcoin reserve have increased institutional appetite for BTC. While many new companies have been purchasing Bitcoin in the last two months, a new one is being added to them. Accordingly, the latest news came from Spain, where Spanish coffee chain brand Vanadi Coffee announced that it plans to invest up to 1 billion euros ($1.1 billion) in Bitcoin. Stating that it plans to transform into a completely “Bitcoin-focused” company, Vanadi Coffee announced that they are following…

According to Sentora (formerly IntoTheBlock), Ethereum fees have skyrocketed over 130% this week. Per a graphic shared by Sentora alongside its tweet, Ethereum’s total fees came to $10.26 million, representing a 130.4% surge. The growth is being driven by institutional DeFi demand and increased smart-contract usage. Ethereum fees increased by over 130% this week, driven by institutional DeFi demand and higher smart-contract usage pic.twitter.com/7rHy9L6Koz — Sentora (previously IntoTheBlock) (@SentoraHQ) June 27, 2025 In a major institutional shift, Bit Digital is moving its focus from Bitcoin mining to Ethereum staking and treasury operations. The corporation intends to sell its Bitcoin mining…

According to Fireblocks’ newly released report, global financial institutions are actively adopting stablecoins as strategic tools for cross-border payments, market expansion, and operational efficiency. Fireblocks’ report is based on an online survey of 295 respondents. With nearly half of the surveyed organizations already using stablecoins and others in testing phases, the data reveals a clear shift: stablecoins are moving from the periphery to the heart of global finance. Stablecoins Enter the Financial Core According to Fireblocks’ “State of Stablecoins 2025” report, 49% of organizations worldwide have utilized stablecoins for payments, while 41% are in the testing phase or planning to…

QNT, TRB, and CAKE lead LunarCrush Altrank with strong price movement and rising social activity. Altcoins such as INJ, JUP, and MASK are on an uptrend as utility-focused altcoins start trending. According to LunarCrush data, traders are moving on to projects that are still developing and have increased engagement. LunarCrush Altrank of May 27, 2025, shows Quant ($QNT), Tellor ($TRB), and PancakeSwap ($CAKE) leading with high social and market metrics performance. The Altrank index is an altcoin comparison tool created by tracking the altcoins’ prices along with community engagement against Bitcoin as well as the overall crypto market. TOP 10…

Over $7 billion in bitcoin is now actively working across Ethereum, Base, and Solana, not just sitting idle, fueled by the explosive growth of tokenized wrappers like WBTC and cbBTC, reveals Coin Metrics’ latest study. Report: Tokenized Bitcoin Supply Soars, Led by WBTC and Coinbase’s cbBTC Tokenized bitcoin (BTC), primarily wrapped bitcoin (WBTC) and Coinbase’s cbBTC, now represent over 172,130 BTC, extending bitcoin’s utility far beyond its native blockchain according to the latest Coin Metrics State of the Network report published June 3. Coin Metrics analyst Tanay Ved found that these wrapped assets enhance BTC’s accessibility and interoperability across chains…

After breaking below the ascending flag pattern, Ethereum has retraced to retest the broken trendline. Should the selling at this level pressure intensify, a deeper decline toward the $2K support zone may follow. By Shayan The Daily Chart ETH recently broke down from its ascending flag pattern, triggering a corrective phase. After finding strong support around the $2.1K level, the cryptocurrency bounced and retraced toward the broken trendline at $2.4K, where it now appears to be encountering resistance. Despite the rebound, the lack of significant volatility and waning momentum around this key level suggests that buyers are exhausted. If the…

Social media firm TikTok has pushed back against a Congressman’s accusation that it had purchased TRUMP meme coins in order to “bribe” the U.S. president. “The Chinese owners of TikTok have announced they are buying ‘Trump Coins’ for $300 million,” Congressman Brad Sherman (D-CA-32) tweeted Thursday, adding that, “Trump creates ‘Trump Coins’ at no cost, meaning this is just a $300 million bribe that goes right into his pocket.” The social media firm tweeted a rebuttal stating that, “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a…