Author: NBTC

The dollar index (DXY), a measure of the U.S. dollar’s strength against a basket of major global currencies, dropped below 98 for the first time since early 2022. This move signals a notable shift in global currency markets and could create a favorable environment for risk assets, especially cryptocurrencies, like bitcoin BTC$107,208.65. In recent years, a DXY reading above 100 has typically reflected dollar dominance and a risk-off sentiment, often weighing on equities and digital assets. Conversely, a weakening dollar eases financial conditions, boosts global liquidity, and tends to benefit speculative assets. Several factors are contributing to the current decline.…

Today’s cryptocurrency onchain data revealed that massive whales are making interesting transactions in some altcoins. The first of today’s whales spent $2 million worth of USDC stablecoins to buy 4.04 million Jupiter (JUP) tokens at an average price of $0.49. The token’s price, which rose above $0.50 during the day, is trading around the whale’s purchase level at the time of writing. Meanwhile, another crypto whale unstaking 207,578 SOL coins worth $34.93 million. The whale, which has not shown any signs of activity for three months, has made a total profit of $1.27 million. The whale wallet has withdrawn 263,341…

SIFMA Urges SEC for Clear Crypto Rules: The trade group calls for consistent, tech-forward regulations to align crypto with traditional finance. Focus on Custody, Trading, and Tokenization: SIFMA’s meeting with SEC pushes for unified oversight of digital asset issuance and infrastructure. SIFMA (Securities Industry and Financial Markets Association), a US trade association for securities firms, banks, and asset management companies, called on the Securities and Exchange Commission (SEC) to establish clear rules for crypto. On Thursday, the platform met with SEC officials to discuss digital asset issuance, commodities, and tokenized securities. Need for Consistent and Progressive Crypto Rules According to…

An account that claims to be one of the victims of “Huang Tianwei’s escape” shared an update about Huang Tianwei, the founder of the defunct AEX crypto exchange (formerly known as Bitera). The post claims that the controversial exchange founder has been granted bail and released to his family. Tianwei had been in custody after he was arrested at Don Mueang International Airport in Thailand in connection with a fraud case involving 200 million Thai Baht (approximately $5.7 million). 6月12日，AEX安银交易所创始人黄天威在泰国廊曼国际机场被抓。 泰国移民局在廊曼国际机场逮捕一名护照名为HUANG TIANWEI的39岁中国男子。 其因涉嫌重大其诈骗案件，之前被清莱地方法院发出逮捕令。 案件起源于2025年4月23日，两名中国籍受害人与黄某在泰国清莱府湄赛区会面，洽谈加密货币投资合作。… pic.twitter.com/zFZ2qB140t — 超哥BTC (@chaoge_btc) June 12, 2025 Huang Tianwei is out on bail According to the…

Circle Gateway offers a unified USDC balance, removing the need for pre-funding across multiple blockchain networks. Developers can access instant cross-chain USDC liquidity with one simple integration using Circle Gateway. Circle is back with an innovation by launching Circle Gateway, a new service for developers that allows integrated USDC balance management across multiple blockchains in one unified view. Previously, developers had to work around managing funds across multiple networks, but now just one integration is enough—and everything can be accessed directly. Today, we introduced Circle Gateway, a new developer service that enables a unified @USDC balance for instant crosschain liquidity.…

Trader loses $27.88M profit in 4 days after closing major BTC long positions on Hyperliquid. HYPE token drops 5.48% despite 33.49% surge in daily trading volume to $439.35 million. Wallet “0xC28F” closes all leveraged trades, leaving only $166.53 in spot holdings. A high-volume trader on Hyperliquid lost the entirety of a $27.88 million profit in just four days, closing with a net loss of over $105,000 after multiple failed Bitcoin long positions. The series of trades, executed from May 26 to May 30, resulted in one of the platform’s recorded reversals within a short time frame. Another gambler just wiped…

Ethereum rockets above $2,600 in a recent bullish run as it awakens from a previous slump. The token has seen an increase of trading volume following drop in U.S. payroll numbers. Recent data from crypto.news shows that ETH (ETH) is on a bullish run, rising as much as 6% from its previous price point. At around 9:45 UTC, the second largest cryptocurrency by market cap reached a peak of $2,608.70 as other cryptocurrencies like XRP and SOL follow its lead. At press time, ETH has gone up by 5.54% in the past 24 hours. The token is currently trading hands…

Stablecoin issuer Tether’s investment arm has taken a minority stake in Elemental Altus (ELE), a publicly-listed precious metals investment company. Tether Investments is aiming to diversify the assets that back its stablecoin USDT, the world’s largest such token with a market capitalization of $155 billion, expanding into tangible assets and precious metals, according to an announcement on Tuesday. Tether acquired 78,421,780 common shares in Elemental from La Mancha Investments, a Luxembourg-based mining investment firm. Elemental’s Toronto-listed shares spiked nearly 23% to 1.77 Canadian dollars ($1.30) following the announcement. They closed at 1.53 Canadian dollars on Wednesday, 6.25% higher than before…

Dogecoin has seen its daily large transaction volume surge massively by 41.12% with whales actively moving large amounts of tokens, according to data from IntoTheBlock. DOGE whales in action The data shows that a total 60.9 billion DOGE worth about $23.35 billion have been moved by DOGE’s large transaction holders over the last 24 hours. While the broad crypto market has been experiencing mixed actions after cooling off from the recent massive bull run, this notable whale movement suggests that investors are still bullish despite ongoing price corrections. While large transaction volumes like this indicate increased whale activities on the…

The Ethereum price today is hovering near $2,598, stabilizing after a powerful breakout that lifted it nearly 10% from its July 2 lows. This rally allowed ETH to reclaim critical support levels and challenge the upper bound of a multi-week consolidation range. All eyes now turn to whether bulls can sustain this move above the $2,600 mark, a level tied to both historical resistance and short-term momentum signals. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the daily chart, ETH has reclaimed the June range high and is pushing into a supply zone just below $2,620. Price…