Author: NBTC

Bitcoin is pushing past $119,000 on Wednesday, attempting to break out of the tight trading range that has defined its price action since setting an all-time high last week. The move is a direct challenge to the key $118,483 resistance level, a zone that analysts have been watching closely as the critical pivot for the next major move. Bitcoin has been trading within a narrow zone after its sharp rejection from above $123,000 last week. The 1-hour chart shows high volatility, but this is the first time the price has made a convincing push above the top of the range.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On the heels of July 4th celebrations, last Friday, July 18, President Donald Trump signed the GENIUS Act into law, making it the first federal law to regulate stablecoins. Approved by Congress on Thursday, July 17, the bill’s passage saw the digital asset industry assets surge past a $4 trillion market capitalization for the first time. Summary The GENIUS Act marks a turning point, becoming the first U.S. federal law to regulate stablecoins and boosting crypto’s market.…

SharpLink is making bold moves to ramp up its Ethereum treasury. According to data from Lookonchain, SharpLink transferred $145 million USDC to Galaxy Digital’s OTC wallet, which means that another big Ethereum buy is likely on the way. BitMine Immersion recently announced a massive Ethereum purchase, 566,776 ETH worth over $2 billion. It has now overtaken SharpLink’s ETH stash, claiming the top spot among corporate ETH holders. A total of 2.31 million ETH, worth $8.65 billion, is now held in strategic reserves by 63 participants, accounting for 1.92% of Ethereum’s total supply. Ethereum treasuries have skyrocketed from $23 million to…

The native token of Solana-based meme coin platform Pump.fun surged nearly 20% on July 16, briefly reaching a new all-time high following the launch of a large-scale buyback campaign. After reaching a high of $0.00681, PUMP is trading at about $0.0063 at the time of writing, up about 14% on the 24-hour timeframe. The rally was driven by news that Pump.fun has begun buying back tokens using platform-generated fee revenue. According to on-chain data shared by Lookonchain, the platform allocated 187,770 Solana (SOL), worth about $30.6 million, from its fee reserves to fund the buyback. So far, 118,351 SOL, about…

Today, Azoria Capital, a money manager, has sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. In its lawsuit, Azoria Capital asked the court to issue a temporary restraining order that forces the Federal Open Market Committee (FOMC) to make its meetings public beginning next Tuesday and Wednesday, when central bank policymakers meet in Washington to decide on the next move in interest rates. Azoria Capital uses Trump’s manuscript Azoria Capital is run by…

The UK-based Bitcoin treasury has continued its accumulation streak, this time topping up its portfolio with another multi-million-dollar purchase. On Wednesday, July 16, 2025, the Smarter Web Company revealed that it has increased its Bitcoin holdings by 325 BTC, acquired for £27.15 million ($36.45 million). The coins were purchased at an average price of £83,525, or $112,157 per bitcoin. This latest buy comes less than a week after the firm added 275 BTC at an average price of $108,182, as it ramps up its treasury growth strategy. With the new purchase, Smarter Web now holds a total of 1,600 BTC,…

The non-fungible token (NFT) market has climbed with massive shifts in terms of collection rankings over the past seven days. As per the new market data, CryptoPunks, f(x) wstETH position, and Pudgy Penguins have taken the top places among the prominent ten NFT collections of the week. This noteworthy progress of the NFT sector indicates the growing sentiment, ecosystem utility, and liquidity. Additionally, this robust performance also highlights that the NFT sector is continuously evolving over time. CryptoPunks, f(x) wstETH, and Pudgy Penguins Dominate NFT Collections Based on Weekly Sales Volume Particularly, CryptoPunks stands in the 1st position among the…

In the dynamic and often mysterious world of cryptocurrency, certain events capture the attention of investors and enthusiasts alike. One such event recently unfolded, spotlighting a newly established wallet that has rapidly ascended to the ranks of an Ethereum whale. This significant development, involving the accumulation of hundreds of millions of dollars in Ether (ETH), prompts crucial questions about market movements, institutional strategies, and the future trajectory of the second-largest cryptocurrency by market capitalization. Who is This Mysterious Ethereum Whale? On-chain analytics platform Onchain Lens recently brought to light a fascinating development: a newly created wallet received an additional 13,696…

An interview with Jed McCaleb, co-founder of both Ripple and Stellar, has resurfaced, reviving the argument around XRP and XLM. The interview, originally aired by CNBC in March 2018, was recently shared by Stellar community member “Stellar Expert.” Alongside the clip, he asked several questions about Ripple’s practices and XRP’s structure. McCaleb Reveals Why He Left Ripple In the interview, McCaleb explained that he left Ripple to build a network with a different philosophy. He said he wanted to create something more open, more decentralized, and less tied to a single organization. Building on this, Stellar Expert asked why Ripple…

The Ripple vs SEC lawsuit has taken center stage once again, this time not in court, but on X (formerly Twitter). Although Ripple CEO Brad Garlinghouse recently announced that the case is “behind them,” the legal battle is still not over on paper. Political Ties Spark Controversy What’s stirring even more chatter is a new round of political allegations around Ripple’s involvement in the 2024 U.S. presidential election. A user on Twitter recently claimed that Ripple and its top executives largely supported Vice President Kamala Harris during the election, while avoiding support for Donald Trump. The donations have led to…