Author: NBTC

After recovering from lows below $2,250, Ethereum price today is hovering near $2,445. The bounce has pushed ETH back into a heavy supply zone, but indicators suggest that bullish momentum is stalling just beneath the $2,505 resistance. With the broader crypto market stabilizing, Ethereum is now facing a critical test as it consolidates near short-term trendline resistance. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Ethereum price action shows a rising wedge structure on the lower timeframes, with the current consolidation forming just below the $2,465–$2,505 resistance band. On the 4-hour chart, ETH is trading just above the…

The pseudonymous SHIB marketing lead, known to the community as Lucie, has addressed the SHIB army with an important message about the current state of the cryptocurrency market. She stressed that despite turmoil and fear, the community is now going through a unique period full of hidden opportunities. “Markets in meltdown. Fear everywhere” Lucie published an animated SHIB-themed GIF generated by AI, which features the symbols of all four official tokens of Shibarium and the Shiba Inu ecosystem: SHIB, BONE, LEASH, and TREAT. The latter, TREAT, is to power the layer-3 solution Shiba Alpha Layer built on top of Shibarium,…

Bitcoin-focused investment firm Strategy (formerly MicroStrategy) is facing at least five separate class-action lawsuits over $6 billion in unrealized Bitcoin losses, alleging the company made misleading statements to investors about the risks and profitability of Bitcoin. The initial lawsuit was filed by Pomerantz LLP on May 16. However, four other law firms — Gross Law Firm, Bronstein Gewirtz & Grossman, Kessler Topaz Meltzer & Check and Levi & Korsinsky — have opted to file separate lawsuits with similar content rather than join the lawsuit. That’s not unusual, legal experts say. “In class-action securities litigation, law firms compete for the lead…

When Robinhood hosts a crypto-focused keynote event in France on Monday, investors may have an opportunity to buy the dip, investment bank Compass Point signaled on Friday. Although some investors may “sell the news,” the trading platform has several potential catalysts on the horizon, including inclusion in the S&P 500 and a crypto business that continues to flourish, Compass Point analyst Ed Engel wrote in a note. Robinhood shares turned lower on Friday, recently falling 1.3% to $83.46, according to Yahoo Finance. Year-to-date, the firm’s stock price has soared more than 120% from $39 in January. Compass point raised its…

Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transactions and reveals the details on its website and X account, has published data about three hefty consecutive Bitcoin transfers. They were linked to two major crypto trading platforms, Binance and Kraken. Hundreds of millions of dollars worth of BTC have been moved over the past five hours. $203.3 million in Bitcoin leave Binance and Kraken The above-mentioned source of on-chain data revealed that over the past five hours, three Bitcoin stashes have left the Binance and Kraken exchanges. Two of these withdrawals were made from Kraken and one from…

The crypto market turned green after a surprise ceasefire in the Middle East. Along with the ceasefire, a few other big changes took place in global markets, creating a bullish mood for cryptocurrencies, especially altcoins. The recent price drop could have been a bottom for altcoins, and the sharp recovery since then supports this view. Indicators also hint that altcoins could soon outperform Bitcoin. Ethereum and the altcoin market are showing signs of something big brewing. After the recent sharp drop in prices, which felt like a final shakeout for many traders, market charts are starting to look very bullish.…

Popular community expert Luis Delgado (Del Crxpto) suggests that Shiba Inu has evolved into a complex tech investment in the crypto market. Many in the crypto industry continue to recognize Shiba Inu as a meme coin. Despite the Shiba Inu team’s efforts to transition the project from its meme-inspired origin into a utility ecosystem, this classification persists. Amid this, Delgado took to X to express that SHIB has become one of the most complex tech investments in crypto. Why Shiba Inu is a Complex Tech Investment For context, Shiba Inu has grown from a meme coin into an ecosystem with…

New York City is charging ahead to become the global crypto capital, backed by the mayor’s aggressive push to scrap stifling rules and embed blockchain citywide. ‘A Legacy to Leave’: NYC Mayor Pushes to Crown City as Global Crypto Capital A growing commitment to blockchain and digital assets is reshaping how New York City envisions its financial future, with strong leadership backing industry expansion. New York City Mayor Eric Adams emphasized his continued support for digital assets during a fireside chat at the Tokenization and Programmable Real World Assets Injective Summit on June 26. He revisited his early embrace of…

Hong Kong-licensed cryptocurrency exchange HashKey’s native token HSK has gained about 90% over the past seven days, per data from CoinGecko. The price surge comes amid reports this week that Guotai Junan International, a Hong Kong-based subsidiary of one of China’s largest brokerages, has received regulatory approval to upgrade its license to offer crypto trading services. The move makes Guotai Junan one of the first mainland-backed Chinese brokerages in Hong Kong that is licensed to provide crypto trading. According to media reports, Guotai Junan’s clients in Hong Kong can now use the platform to directly trade Bitcoin (BTC), Ethereum (ETH),…

Cryptocurrency analysis platform MakroVision has published a remarkable assessment of Bitcoin’s recent price movements. The analysis noted that Bitcoin reached a new all-time high by rising to $112,000, and then entered a technically healthy correction process. MakroVision emphasized that the 61.8% Fibonacci resistance at $111,260 initially turned the price back, but this pullback is currently limited to around 5%. There are no signs of a sharp decline in the downward movement at the moment. Experts note that Bitcoin has found strong support at the following technical levels: $103,200: The 23.6% Fibonacci retracement level is currently holding successfully. $102,000: This level,…