Author: NBTC
Michael Saylor, cofounder and executive chairman of Strategy, has dropped a stunning message about Bitcoin (BTC), the leading digital currency. In a post on his official X handle, Saylor stated, “If you have everything – you don’t need Bitcoin.” Bitcoin as lifeline for unprivileged Saylor’s message is provocative to critics of Bitcoin and its utility in the broader financial ecosystem. The executive chairman of Strategy opines that only those who have “everything” can afford to live without Bitcoin. Notably, this would imply that financially secure people enjoy freedom, economic and currency stability, and access to reliable banking systems. Such individuals…
Kenzo Labs, a leading player in DeFi innovation, has announced its new partnership with Crepe Finance, a rapidly expanding BNB Chain-based decentralized exchange. The collaboration underscores a notable move in offering advanced DeFi solutions along with latest benefits to the consumers. The platform took to social media to disclose this exclusive development. 🔈 We are excited to announce our new partnership with @crepedotfun!🥞 Crepe is the cornerstone DEX for BNB Chain, offering seamless trading, discretized liquidity, and real yield all within his intuitive and easy-to-navigate platform.We’re excited to partner with… pic.twitter.com/dxcWTBeRmY — Kenzo Labs (@Kenzo_Labs) May 29, 2025 Kenzo and…
Analysts are pointing out that Ethereum (ETH) has now gathered several key factors. These are the very catalysts investors have long awaited to trigger a powerful new rally. In June, these signals are becoming more evident, forming a solid foundation for short-term price expectations. So, what are these factors? Let’s dive in. Why ETH May Be on the Verge of Its Biggest Breakout Ever Axel Bitblaze, a well-known analyst on platform X, believes ETH is on the verge of its biggest breakout ever. According to him, four main catalysts are laying the groundwork for ETH’s upcoming strong growth. One major…
Two well-known ETF issuers are racing to bring funds to market that track the explosive rise of Circle’s newly public stock. Bitwise and ProShares late Friday each submitted applications with the U.S. Securities and Exchange Commission (SEC) to launch exchange-traded funds (ETFs) tied to Circle (CRCL). Both funds would give investors different ways to play the Circle’s surge, which has turned heads since the IPO late last week. Up another 9% today in volatile action, shares have nearly quadrupled from their $31 offering price. ProShares, a major name in leveraged ETFs, filed to create the ProShares Ultra CRCL ETF. The…
The Hedera Foundation, an open-source public ecosystem governed by top organizations across the globe, is collaborating with the technology partner EQTY Lab and Accenture (a renowned consulting firm). The partnership intends to provide transparent and tamper-proof oversight to artificial intelligence (AI) as well as generative AI systems in public and government environments. The platform revealed this development in a series of X posts shared on its official account. We’re excited to introduce a new AI solution with @Accenture and @EQTYLab that will help governments and public sector organizations manage AI-driven decisions with transparency, auditability, and trust via the @Hedera network…
The upper house of Japan’s National Diet passed the revised Payment Services Act (PSA) on Friday, resulting in big changes ahead for enterprises dealing with crypto. The new category of “intermediary business” alleviates the need for middleman companies in Japan to register as exchanges, but the bill has other implications, some of which bring stricter rules and greater centralization. Originally submitted to the Japan Diet back in March, the amendments to the Payment Services Act passed on Friday, and are being praised as pro-crypto. Perhaps drawing the most attention is the establishment of a new category of “intermediary business,” meaning…
Tencent Holdings Ltd. is reportedly considering an expansion of its gaming assets with a potential deal for Nexon Co. The potential acquisition for $15B is currently in the private talks stage. The international tech conglomerate Tencent Holdings Ltd. is considering an acquisition of the gaming company Nexon Co. Following the news, shares of Nexon rallied by 10%, valuing the company at over $15B. Nexon Co traded at over 2,640 JPY, up over 14.4% for the year to date. Nexon Co. is still held by its largest owner, Kim Jung-ju and his family, owning 44.4% of Nexon through NXS Corp. At…
WazirX Restructuring Blocked: Singapore court rejects WazirX’s repayment plan, stalling creditor payouts after $230M hack linked to Lazarus Group. Exchange Relocates to Panama: WazirX shifts operations under new entity Zensui Corporation, risking liquidation amid mounting legal troubles. India’s once-leading crypto exchange, WazirX, is facing fresh trouble after the Singapore High Court declined to approve its restructuring plan, throwing creditor repayments into indefinite uncertainty once again. The Honourable Singapore High Court issued an order declining to approve our proposed restructuring plan. While this outcome was not what we anticipated, we respect the Court’s decision and remain fully committed to complying with…
Soneium, the Ethereum overlay blockchain linked to 78-year-old Japanese electronics giant Sony, unveiled a new incubator program, Soneium For All, to accelerate consumer and gaming applications within its 7 million-user blockchain ecosystem. As crypto continues its march into the mainstream, traditional technology companies, the Apple’s and Ubers of this world, are looking to the tech to commercialize their future operations. Sony Block Solutions Labs (SBSL), the builder of Soneium, used the Optimism OP stack, a fast and cheap layer linked to Ethereum for “bridging the gap between Web2 and Web3 audiences, especially for the creators, fans and community,” SBSL said.…
Bitcoin traded between $107,029 to $107,290 over the last hour on June 12, 2025, with a market capitalization of $2.13 trillion and a 24-hour trade volume reaching $34.26 billion. The intraday price range stretched from $107,029 to $110,269, signaling a volatile session marked by bearish undertones across short- and mid-term timeframes. Bitcoin The 1-hour chart shows a sustained intraday downtrend, with bitcoin declining sharply since June 11. Bearish momentum dominates, characterized by extended red candles and negligible relief rallies. Support sits precariously at $107,229, while resistance is evident at $108,000. Notably, the relative strength index (RSI) is neutral at 55,…