Author: NBTC

A widely followed crypto strategist believes that shallow corrections are the norm for Bitcoin as BTC flashes strong upside momentum. Pseudonymous analyst Pentoshi tells his 864,500 followers on the social media platform X that Bitcoin looks bullish amid sustained demand from corporations and exchange-traded fund (ETF) investors. According to the trader, the steady inflows suggest that a drop below $100,000 would represent the bleakest scenario for BTC at this stage. “I’d only be concerned for BTC if we lost [$104,000] and started to close under the previous all-time high closes and range highs. Absolute worst case in my opinion would…

Apart from the substantial inventory in the leading cryptocurrency, the document also shows that the company purchased $30M in USDC, which it intends to use for future Bitcoin buys. The market expects this to be yet another highly anticipated IPO for 2025, after a failed acquisition by Adobe a few years ago. Cloud-Based Platform With Plans To Go Public Founded in 2012 by a computer scientist and graphics designer, the San Francisco-based company has filed for a public offering with the ticker “FIG”. The idea behind the project was for anyone to “be creative by making free, simple & imaginative…

Meme coin launching platform Pump.fun has transferred approximately 132,000 SOL ($22.88 million) to cryptocurrency exchange Kraken. According to on-chain data shared by analyst EmberCN, the Solana (SOL) is the platform’s accumulated transaction fee revenue over the past week and follows a consistent pattern of revenue processing. “Pump.fun transferred 132,000 SOL ($22.88 million) in transaction fee revenue to Kraken few hours ago,” EmberCN reported. The analyst mentioned that Pump.fun usually moves these SOL to Kraken after accumulating one to two weeks of transaction fee revenue. Source: EmberCN This latest transfer is an established pattern for the Solana-based token launchpad, which has…

The regulatory process for digital asset markets in the United States is accelerating. The White House’s Digital Asset Markets Task Force is expected to release its first cryptocurrency policy report on July 22. The report could include regulatory and legislative recommendations, as well as proposals to establish a national digital asset reserve and ensure crypto companies have fair access to banking services. This development comes at a time when the Senate is intensifying its efforts towards structural reform of the crypto market. While the US House of Representatives is recessing this week due to a calendar change following the passage…

Zypher Network, a provider of decentralized infrastructure for AI systems, has secured $7 million in funding. The round was co-led by UOB Venture and Signum Capital, with support from HashKey Capital, Hong Leong Group, Cogitent Ventures, Catcher VC, Hydrogenesis Labs, DWF Venture, and others. The funds will support further development of Zypher’s zero-knowledge (ZK) protocol stack and infrastructure for AI agent rollups. Zypher’s goal is to provide tools that allow public verification of AI agent behavior without exposing private data. This is becoming increasingly important as autonomous AI agents are adopted more widely in industries such as customer support, finance,…

Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final version of Senate Bill 21 (SB 21), dubbed the Texas Strategic Bitcoin Reserve Act. According to the committee, one of the most significant debate points was the criteria for digital assets eligible for inclusion in the state’s reserve. The Senate originally proposed that crypto in the reserve sustain a $500 billion market capitalization for 12 months. However, the House takes a more conservative approach, requiring the assets to…

Blockchain Technology Consensus Solutions (BTCS), a Nasdaq-listed firm with an Ethereum (ETH) treasury strategy, surged over 100% on Tuesday on a $100 million funding plan to acquire more ETH for its balance sheet. The company aims to tap traditional and decentralized financial (DeFi) capital markets for the capital raise. It plans to use an existing, $250 million at-the-market offering to sell equity, a convertible debt arrangement with ATW Partners and borrowing stablecoins on DeFi lending protocol Aave {{AAVE}}. “We believe that Ethereum has significant growth potential and is central to the future digital financial infrastructure,” said CEO Charles Allen in…

OpenAI’s key early backer Elon Musk reacted to the company’s recent warning that “OpenAI tokens,” apparently linked to Robinhood’s stock token giveaway, do not represent equity. The tech mogul said the OpenAI equity is fake, while staying silent on Robinhood’s stock tokens, which also include ones offering indirect exposure to SpaceX, the company he leads. Your “equity” is fake — Elon Musk (@elonmusk) July 2, 2025 Musk’s comment likely reinforced his ongoing critique of OpenAI’s corporate structure. He has repeatedly voiced criticism since the company shifted from a nonprofit to a for-profit model. The CEO of Tesla has long argued…

Dog-themed cryptocurrency Dogecoin (DOGE) is in the spotlight as on-chain data reveals a stunning accumulation spree by crypto whales. According to crypto analyst Ali, “Whales have bought 600 million Dogecoin (DOGE) in the last 48 hours.” The inflows into Dogecoin from large holders coincide with the current boom in the crypto market, which saw Bitcoin top $104,000 for the first time since January. Dogecoin has also benefited from this bullish momentum; hence, whales could be positioning themselves in anticipation of broader gains. At the time of writing, Dogecoin was up 2.26% in the last 24 hours to $0.2334. DOGE has…

Brad Garlinghouse will testify before the U.S. Senate to demand clearer crypto rules on July 9. Ripple’s CEO says he wants strong but fair laws to protect users and support innovation. Key crypto bills like the CLARITY Act may soon define crypto rules in law. Other top industry leaders will join Brad to highlight why regulation is urgent for crypto. Ripple’s CEO Brad Garlinghouse is preparing to testify before the powerful U.S. Senate Banking Committee for the first time. On July 9, Garlinghouse and other top industry voices will share why the country urgently needs clear crypto market rules and…