Author: NBTC
Ethereum’s price is consolidating near $2,500 as institutions quietly ramp up their exposure to ETH. As of press time, Ethereum (ETH) is trading at $2,492, down 0.9% over the last day. The price is close to the lower end of its recent 7-day range between $2,419 and $2,666 and. Market activity appears to be picking up steam despite the slight decline. Ethereum’s 24-hour trading volume has increased by more than 25% to $11.42 billion, indicating a resurgence of investor interest. In line with this, Coinglass data shows that derivatives volume increased 21.9% to $37.36 billion, but a 1% decline in…
The U.S. Securities and Exchange Commission (SEC) will hold a public roundtable on June 9, 2025, focused on decentralized finance (DeFi). The event, titled “DeFi and the American Spirit,” will take place at the SEC headquarters in Washington, D.C., and will be livestreamed online. This roundtable continues the agency’s “Spring Sprint Toward Crypto Clarity” series. The event will run from 1:00 PM to 5:00 PM ET and is open to both in-person and virtual participants. Top Officials and Experts Join the Discussion SEC Chair Paul S. Atkins will attend alongside Commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M.…
Self Chain, a popular modular, intent-centric L1 blockchain, has commenced a new partnership with Crust Network, a Substrate-built layer 1 chain. The joint effort is focused on revolutionizing the decentralized storage by combining the strengths of both the companies. The platform took to its official X account to reveal this development. 📢 Partnership Announcement 📢We’re excited to welcome @CrustNetwork to the Self Chain ecosystem!Together, we’re enabling more seamless access to decentralized storage by combining Crust’s IPFS-based infrastructure with Self Chain’s intent-centric execution and keyless… pic.twitter.com/xEkAH4C6Z9 — Self Chain (@selfchainxyz) June 6, 2025 Self Chain and Crust Network Join Forces to…
Ethereum (ETH) has been experiencing ongoing sideways momentum, with the price struggling to make any sharp gains. Currently trading around $2,476, the altcoin king has been unable to break through key resistance levels. The situation is worsened by growing impatience among investors, particularly from key ETH holders, who are opting to sell rather than hold. Ethereum Selling Rises Ethereum’s exchange net position change indicates that ETH is starting to flow back into exchanges, which could be a bearish signal. In the past five days, around 350,000 ETH, worth over $870 million, have been sold by investors. This increase in selling…
Circle, the USDC stablecoin issuer, made a blockbuster debut on Wall Street this week, with shares soaring to as high as $123, briefly pushing its market capitalization close to $25 billion. At the close of its second trading day on the New York Stock Exchange (NYSE), the stock (CRCL) settled at $107, giving Circle a valuation of more than $21 billion — nearly quadrupling not only its IPO pricing of $31 per share but also a reported $5 billion buyout offer previously made by Ripple. “Now more than ever, USDC is the most trusted stablecoin. Building legitimate, regulated crypto products…
The technical development of cryptocurrency projects is evaluated not only by market prices but also by developer activity. In this context, a new analysis based on GitHub data revealed the 20 altcoins with the most intensive development process over the past year. Developer activity is measured by the number of commits (updates) a project has made on GitHub. This shows how active the technical team behind a project is. The data shows the details of open-source crypto projects. However, it should not be forgotten that the crypto industry is a constantly evolving field. The most active projects today may be…
The clock is ticking in the ongoing legal battle between Ripple and the SEC. With just a few days left until June 16, before the SEC must respond to the Appeal Court, all eyes are on what happens next. Bill Morgan shared in a recent X post that if nothing happens by then, the appeal and Ripple’s cross-appeal will move forward and Ripple will have to submit its next legal briefing. However, if a new motion is pending before Judge Torres, it could push the proceedings out by another 60 days. The count down to the date the SEC must…
OKX has announced the upcoming listing of Resolv (RESOLV), a stablecoin protocol that provides yield to holders through interest rate arbitrage and Ethereum staking. OKX to List Resolv (RESOLV) for Spot Trading on June 10 The platform has announced a detailed launch schedule that includes deposit, trading, and withdrawal times for the token. Important Listing Details RESOLV Deposit Transactions Start: June 4, 2025, 18:00 Pre-Market Auction (Call Auction): June 10, 2025, 20:00-21:00 Spot Trading Start (RESOLV/USDT): June 10, 2025, 21:00 Withdrawal Start Date: June 10, 2025, 23:00 To protect users from extreme price fluctuations during the initial listing, OKX will…
INTO, a Web3 community operation management platform, has formed a strategic partnership with Onmi. Onmi is an AAA+ augmented reality (AR) role-playing game that blends real-world exploration, fashion, and music through blockchain technology. https://twitter.com/intoverse_/status/1931010377942200450 The two companies want to increase user participation by bringing together INTO’s community resources and Onmi’s fun AR activities. Linking Social-Fi, Digital Identity, and AR Gaming With INTO INTO offers a complete Web3 solution that includes a wallet for different chains, social-Fi features, digital IDs, and AI innovations to encourage more people to use blockchain. After joining Onmi, users will only need to attach their wallets,…
During a recent interview with Fox Business, Galaxy Digital CEO Mike Novogratz opined that Bitcoin balance sheet companies were overhyped. “You see a whole new range of…balance sheet company plays. I think that’s probably getting a little overhyped,” Novogratz said. Novogratz is referring to the growing lists of imitators of Michael Saylor’s Strategy (formerly MicroStrategy). Video game retailer GameStop, for instance, announced that it was raising another $1.75 billion to potentially fund new Bitcoin buys. Some skeptics fear that debt‑funded Strategy copycats could potentially amplify another market downturn. A bullish Bitcoin price prediction Novogratz says that the Bitcoin price is…