Author: NBTC

While PancakeSwap leads in the DeFi market, CAKE’s price has yet to catch up with the platform’s momentum. With current technical advancements and strategies, PancakeSwap has the potential to continue growing, but the road ahead remains fraught with challenges. PancakeSwap’s Rise in the DeFi Market PancakeSwap, one of the decentralized exchanges (DEX) on BNB Chain, is solidifying its strong position in decentralized finance (DeFi). According to the latest data from Dune Analytics, PancakeSwap led in trading volume market share over the past seven days, with an impressive 66.9%. PancakeSwap’s monthly volume. Source: DefiLlama Not stopping there, DefiLlama reports that the…

Ethereum remains trapped in a month-long high time frame range. As volume declines and volatility builds, traders are watching closely for a confirmed breakout that could define ETH’s next big move. Ethereum (ETH) continues to consolidate between two major high time frame levels, with support holding at $2,400 and resistance capping price near $2,800. Since mid-May, price action has remained stuck within this range, creating a critical zone where accumulation or distribution may be taking place. With volume drying up, the market awaits a decisive breakout to determine Ethereum’s next direction. Key technical points High Time Frame Range: ETH is…

Layer 1 blockchain Plasma showcased the massive demand for exposure to the stablecoin sector this morning, filling a $500 million initial coin offering (ICO) deposit vault in a matter of minutes. The token sale was initially capped at $250 million, but after the vault filled instantly, the cap was doubled to $500 million, which filled as soon as market participants realized the cap had been increased. The raise is being managed in collaboration with Sonar, which is the ICO arm of Cobie’s public fundraising platform, Echo. Plasma is a ‘stablechain,’ or a Layer 1 (L1) blockchain optimized for stablecoin transactions,…

Kenya’s 1.5% crypto tax risks driving startups, freelancers, and digital creators to unregulated platforms or overseas markets. Lawmakers urge tax reform, privacy safeguards, and a phased rollout to balance innovation with effective crypto regulation. As Kenya imposes a 1.5% tax on every crypto transaction, it threatens to disrupt Africa’s digital integration. It can also jeopardize the region’s fintech leadership, driving startups and talent abroad. The African Continental Free Trade Area (AfCFTA) sees 54 nations as a unified market incorporating digital assets. But new rules and regulations in different African countries threaten this vision of unity. Kenya risks more than revenue…

Binance has placed four digital assets, Beefy (BIFI), StaFi (FIS), Komodo (KMD), and Measurable Data Token (MDT), under its Monitoring Tag as of June 5, citing findings from its latest routine assessments. The Monitoring Tag designation identifies tokens that may display elevated volatility, carry increased risk, or fail to meet the exchange’s listing standards. The announcement, published on Binance’s official platform, outlines major evaluation metrics that contributed to the decision and discusses its implications for token holders and traders. What the Monitoring Tag Means for Listed Tokens and Traders Tokens receiving the Monitoring Tag are subjected to enhanced oversight. Binance…

A single Bitcoin miner has single-handedly solved a Bitcoin (BTC) block and won the entire $330,000 reward. One in a Million Chances! According to Mempool data, a Bitcoin miner earned a block reward of $330,000 despite the network difficulty reaching a record high of 126.98 trillion. According to the data, the solo miner earned $327,625 in subsidy rewards and approximately $2,761 in total transaction fees and claimed 3.15 BTC. A solo miner successfully mined block number 899,826 and earned a rare reward worth $330,386. The miner achieved the feat by mining block 300 from the solo.ckpool Bitcoin mining pool. “Congratulations…

While prediction markets are betting on a relatively calm June for Bitcoin, deep on-chain data reveals a story of record-breaking conviction from long-term holders who are refusing to sell, signaling a powerful bullish undercurrent for the BTC market. As Bitcoin hovers near its all-time high, this disconnect between short-term expectations and long-term holder behavior is becoming a key focus for analysts. Data from prediction platform Polymarket reveals that the most likely scenario for Bitcoin’s price by the end of June is $115,000, with a 61% probability. Traders are pricing this level as the most probable outcome, reflecting confidence that BTC…

Coinbase, the largest U.S.-based crypto exchange, adoptedChainlink’s Proof of Reserve (PoR) system to verify the reserves backing its cbBTC token. This is a strategic move aimed at reinforcing trust and transparency in decentralized finance (DeFi), especially when it comes to wrapped or collateralized assets. Coinbase is utilizing Chainlink Proof of Reserve to increase the transparency of $4.6B+ worth of cbBTC reserves.Proof of Reserve helps @coinbase ensure cbBTC reserves are verifiable onchain, with data published on @base & @ethereum.BTCFi scales with Chainlink. https://t.co/P06Gkgbb20 — Chainlink (@chainlink) May 29, 2025 cbBTC is a wrapped version of Bitcoin issued by Coinbase. With this…

Ethereum price just detonated a technical nuclear bomb. In a stunning display of bullish dominance, ETH/USD price has shattered its 200-day moving average for the first time in 14 months – triggering algorithmic buy waves and setting the stage for a potential 15% surge toward $3,000. Our exclusive analysis of critical TradingView charts reveals institutional accumulation patterns accelerating beneath today’s +3.78% price explosion. The hourly chart shows ETH price consolidating in a textbook bull flag at $2,694, while the daily Heikin-Ashi candles confirm the most powerful momentum shift since January. We’ll break down the exact price targets, prove why $2,664…

IT solutions provider Oblong has unveiled plans to raise $7.5 million through a private stock sale to support its new Bittensor-driven AI and digital asset treasury initiative, according to a June 6 statement. Shares in the Nasdaq-listed firm are up 12% over the past 24 hours following the announcement. Oblong revealed that it entered a securities purchase agreement to raise approximately $7.5 million by selling 1,989,392 shares of common stock at $3.77 per share. Pending standard closing conditions, the private placement is scheduled to close on or around June 11, 2025. Most of the funds raised will go toward acquiring…