Author: NBTC
Ethereum is holding strong above the $2,500 level, showing resilience as the broader crypto market undergoes a healthy pullback. Despite recent volatility, ETH continues to trade within a bullish structure, fueling optimism that it could lead the next leg of the market’s rally. Analysts are closely watching Ethereum’s price action, calling for a potential breakout that might set the tone for an anticipated altseason. Top analyst Ted Pillows shared key insights, noting that Ethereum is down just 10% from its local highs, yet up nearly 50% this month alone. This strong monthly performance is a clear indication that Ethereum remains…
Treasure Global (TGL), a publicly traded e-commerce and fintech firm, said it will invest up to $100 million in cryptocurrencies as part of a new capital strategy. Half the funding comes from an existing equity facility, while the other $50 million stems from an institutional partnership, according to a press release. The company isn’t just focusing on just one digital asset, like many other firms are, but said it will buy cryptocurrencies, including bitcoin BTC$105,448.37, ether ETH$2,656.18, and “regulated” stablecoins. The funds will help back the company’s artificial intelligence-powered consumer analytics platform, which is set to debut later this year,…
Wintermute’s recent transfer of 2.87 trillion Shiba Inu (SHIB) tokens to Coinbase Prime marks a significant institutional liquidity move in the crypto market. This transaction, valued at approximately $36.6 million, has stirred market speculation but has yet to impact SHIB’s price materially. According to COINOTAG sources, this transfer is part of a strategic liquidity management operation rather than an immediate sell-off. Wintermute’s $36.6M SHIB transfer to Coinbase Prime highlights institutional liquidity strategies, with market speculation but stable SHIB prices. Wintermute’s Strategic 2.87 Trillion SHIB Transfer Highlights Institutional Liquidity Management On June 7, 2025, Wintermute, a leading crypto market maker, executed…
LAS VEGAS, Nevada — You shouldn’t be a crypto libertarian that comes crying for government help when things go badly, according to Hester Peirce, the chief of the crypto task force at the U.S. Securities and Exchange Commission. “I do think that sometimes, when something bad happens in this space, people who are remarkably free thinkers, libertarian-minded people, come in and say, ‘Where was the government? Why weren’t you protecting me? Hey, Crypto Mom, where’s my bailout?'” she told a crowd at Bitcoin 2025 in Las Vegas, referring to her industry nickname. “C’mon, let’s have some consistency,” Peirce continued. “Yes,…
Crypto payment protocol, AEON, has officially launched its AI Payment feature. The framework deploys AI agents to autonomously search, shop, and carry out crypto payments on both online and offline merchants. According to a recent blogpost, the crypto payment protocol plans to build a comprehensive framework that would enable AI agents to take on a more active role than simply facilitating crypto payments. Through AI Payment, AI-powered agents will be able to shop online like real customers; learning user preferences, compare between products and make purchases without human intervention. So far, the protocol has developed an integrated stack that enables…
Hyra Network has announced a strategic partnership with InterLink Labs. This partnership links Hyra’s AI solution with InterLink’s human-focused blockchain, supporting the onboarding of 1 billion users with Web3 and possibly making one of the first crypto-native businesses qualified for a listing on a major exchange. 🤝 Partnership Giveaway 🤝Hyra Network is proud to join forces with @inter_link – a human-centric blockchain project on a mission to bring 1B real users into Web3 and become one of the first crypto-native companies to list on NYSE/Nasdaq.🧬 Decentralized AI meets… pic.twitter.com/ZBJatyKaPv — Hyra Network (@hyranetwork) May 30, 2025 Merging Decentralized AI with…
Spot Bitcoin exchange-traded funds (ETFs), which launched in the US in January 2024, are on track to reach $1 trillion in cumulative trading volume in less than 18 months. US Spot Bitcoin ETFs Near $1 Trillion Trading Volume Threshold This impressive growth demonstrates that interest in digital assets continues to be strong among both institutional and individual investors. ETFs, which saw a trading volume of $100 billion in the first two months after launch, exceeded $200 billion in April 2024, while the Bitcoin price reached its highest level in that period at $74,000. However, over the following seven months, the…
After failing to hold the $2,600 handle earlier this week, Ethereum price today has slipped toward $2,505, reflecting a sustained downtrend from May highs. The recent breakdown from a rising wedge structure and repeated rejections below key resistance zones suggest that bearish momentum continues to weigh on the short-term outlook. ETH is now testing a critical confluence support near $2,500, with a deeper slide on the cards if bulls fail to defend this floor. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, Ethereum price action shows a clear shift in sentiment after the local…
Recent reports confirm that the Circle IPO is massively oversubscribed, a development that impacts any potential negotiations with Ripple. Circle, the USDC stablecoin issuer, has seen overwhelming investor demand for its upcoming IPO, with financial blog Zero Hedge reporting today that the offering is over 25 times oversubscribed. For the uninitiated, this oversubscription means investor demand for Circle’s shares exceeds the number of shares available in the IPO by a large margin. The development is massive for the crypto payments company and could have implications for Ripple, which has reportedly been pursuing a multibillion-dollar acquisition of Circle in recent months.…
A Cardano governance vote is live with ADA holders and DReps debating a 275 million ADA budget. Community calls for a more transparent voting structure and warns against centralization and rushed decision-making. A major governance vote is now live on the Cardano blockchain. As revealed, ADA holders and delegated representatives (DReps) are now invited to vote on a proposed 275 million ADA budget. The vote, which will close on June 14, 2025, has become a hot topic across the Cardano community, drawing both support and opposition. Community Split as Cardano Governance Vote Progresses The Cardano blockchain has entered a crucial…