Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Bitcoin is stalling at a major support zone with strong technical confluence. A rare Butterfly Harmonic Pattern is taking shape, potentially targeting $113,000 if the current level holds and symmetry completes. Bitcoin (BTC) has experienced a corrective phase over the past few weeks following a strong bullish trend earlier in the quarter. This pullback has now brought price action into a critical high time frame support zone near $104,600, a level that has proven significant on multiple technical fronts. While some may view the consolidation as indecision, it may actually be setting the stage for a highly structured continuation move.…
BlackRock boosts Ethereum holdings with $54.8M purchase, now holding 1.4M ETH. Ethereum futures open interest stays high despite price dips, signaling strong market activity. ETH trades near $2,450 with steady volume and $295B market cap amid intraday price swings. BlackRock, the world’s largest asset manager, has purchased 22,058.53 Ethereum (ETH), valued at approximately $54.8 million. This recent acquisition marks another move in BlackRock’s growing engagement with the crypto market, particularly with Ethereum, the second-largest digital asset by market capitalization. JUST IN: BlackRock buys 22,058.53 Ethereum worth $54.8 million. pic.twitter.com/x52Opwsswq — Whale Insider (@WhaleInsider) July 2, 2025 The purchase was confirmed…
DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment
DWF Labs currently holds 11 million NEAR tokens with over half staked to secure the protocol. The NEAR tokenomics currently entail a 5 percent annual inflation, which has been criticized by some investors. Andrei Grachev, a top executive at DWF Labs, has challenged the core developers at Near Protocol (NEAR) to reduce the token’s inflation from 5 percent to 2.5 percent. In an X post on Wednesday, Grachev requested the core developers at Near Protocol to consider theThe move to boost the long term prospects of the project. Grachev reminded the core founders that DWF Labs currently holds 5 million…
VeChain Renaissance, its new upgrade, will improve tokenomics, staking, and interoperability. VET Token to see increased adoption and a corresponding value boost. The long-awaited VeChain Renaissance upgrade is set to debut in July 2025, sparking excitement within the community. This upgrade brings a new staking system that shifts away from passive rewards and is a game-changer for the VET token. Promise of the VeChain Renaissance A VeChain community member, Splendid, on the social media platform X highlighted key features of the Renaissance upgrade. Splendid noted that the upgrade is focused on improving three key areas in the VeChainThor: tokenomics, staking,…
The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the coming years. Speaking at a briefing in Washington, IMF spokeswoman Julie Kozack said the proposed legislation appears to run counter to efforts aimed at curbing federal debt over the medium term. Kozack emphasized that initiating deficit reduction sooner would allow for a more gradual and manageable path toward fiscal sustainability. The IMF examines Trump’s bill and its potential impact on the US economy The IMF, which is responsible…
The major crypto exchange AscendEx made a formal announcement of its partnership with Dechat, a decentralized and secure communications protocol. This partnership will help this team to extend the limits when working with users of the decentralized world, making it easy to transfer information and exchange it securely between platforms. #AscendEX is thrilled to partner with @dechat_io #Dechat is an open, secure web3 communications protocol that powers decentralized user interactions.Stay tuned for more updates!#AscendEX #Dechat #Web3 #Blockchain #Crypto #Partnership pic.twitter.com/xEZIUtSNxH — AscendEX (@AscendEX_) July 3, 2025 Strengthening the Web3 Infrastructure Dechat is the Web3 communications protocol of the next generation…
Strategy aims to reduce financial corruption and boost sovereignty. Panama–El Salvador alliance pushes for regional Bitcoin leadership. US bank report highlights CRE stress, renewing Bitcoin’s safe haven appeal. As Ireland grapples with calls for deeper financial reform, a bold new proposal is emerging from one of the country’s most recognisable public figures. UFC legend and 2025 presidential hopeful Conor McGregor has suggested creating a national Bitcoin strategic reserve to empower Irish people and help eliminate financial corruption. His plan draws inspiration from El Salvador’s approach, where President Nayib Bukele made Bitcoin legal tender and significantly altered the country’s economic trajectory.…
Ethereum-linked stocks saw a sharp boost on Wednesday, as companies pivoting toward ETH strategies caught the attention of traders. The rally came while hype around stablecoins and tokenization picked up again across the crypto industry, according to reporting from CNBC. The biggest gainer was BitMine Immersion Technologies, a bitcoin mining firm that decided this week to make Ethereum its primary treasury reserve asset. Shares jumped nearly 20% after the news and have now exploded over 1,000% since that announcement. SharpLink Gaming, a betting firm that also added ETH to its treasury strategy, rose more than 11%. And Bit Digital, which…
The SEC rejected DeFi Development’s attempt to offer $1 billion in securities to buy Solana, on account of missing paperwork. The firm has filed to withdraw its Form S-3, intending to refile in the future. Nonetheless, DeFi Development has invested millions into SOL over the last two months, but it won’t be able to build a massive stockpile without more liquidity. SEC Stifles Solana Plans Over the last few months, a growing number of companies have been following in MicroStrategy’s footsteps, investing heavily in Bitcoin to secure long-term gains. Some companies have taken the alternative route, and chose to build…
Crypto whales are accumulating CYCLE, CLANKER, and CANDLE ahead of the TRUMP gala dinner set for May 22. CYCLE saw whale holdings surge 276% in the last 24 hours, driven by its automated on-chain burn mechanism. CLANKER, the native token of Tokenbot on the Base chain, recorded a 30.85% jump in whale accumulation as Base continues to dominate DEX activity. Meanwhile, CANDLE—part of the growing Solana launchpad wave—posted a 47.83% increase in whale holdings. CYCLE Cycle is an on-chain token burn mechanism powered by PumpSwap transaction fees. Every CYCLE transaction triggers a portion of the token supply to be permanently…