Author: NBTC

zkSync recently announced its involvement in the modernization of American banking, highlighting a significant shift towards blockchain integration. This initiative is powered by Carinetwork and built on Prividium, signaling a crucial moment for institutional blockchain adoption, as noted in their official tweet. The Latest The broader crypto market is currently exhibiting mixed signals, with various assets reacting differently to recent developments. zkSync’s latest announcement indicates a concerted effort to enhance the role of blockchain technology in traditional banking systems. This evolution follows prior updates emphasizing zkSync’s support for unmodified EVM bytecode, further facilitating developer accessibility. As institutions increasingly seek to…

Bitcoin, the leading cryptocurrency, is currently trading around $62,700, having recovered from its lows last week after falling below $58,000, as ETF inflows began to improve market sentiment. While the direction of future price movement is a subject of speculation, analysis firm CryptoQuant has released a new analysis on what is needed for an upward trend. Bitcoin Needs $1 Trillion to Rise! According to CryptoQuant analysts, $BTC needs more than $1 trillion in new capital for its next surge. According to CryptoQuant’s analysis, Bitcoin’s capital efficiency has decreased, and it needs over $1 trillion in new funding to support its…

Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March. Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting services, according to Bitmine’s latest 10-Q filing. On Monday, Bitmine said it had staked 85% of its $ETH holdings, equating to around 4.9 million Ether ($ETH). “Bitmine has staked more $ETH than other entities in the world. At scale (when Bitmine’s $ETH is fully staked by…

Securitize, the tokenization specialist backed by BlackRock, moved a step closer to becoming a publicly traded company after the U.S. Securities and Exchange Commission approved a key filing tied to its planned merger with a special purpose acquisition company (SPAC). The agency declared Securitize’s registration statement for its proposed combination with Cantor Equity Partners II (CEPT) effective. The merger is with a blank-check company sponsored by an affiliate of Cantor Fitzgerald, the companies said Friday. The deal now heads to a shareholder vote scheduled for June 29. If approved, the transaction is expected to close shortly thereafter, with the combined…

Variant recently amplified a tweet from @Morpho, emphasizing the project’s significant growth, which reportedly exceeds 500% year-over-year, as noted in @AlanaDLevin’s Crypto Trends Report. This claim sheds light on Morpho’s increasing presence in the blockchain space, indicating a robust trend toward decentralized finance solutions. What Happened The crypto market currently exhibits mixed signals, with various assets displaying fluctuating momentum. Morpho, a project focused on decentralized finance, is gaining attention for its impressive growth metrics, especially highlighted by @AlanaDLevin in a widely shared report. The emphasis on Morpho’s 500%+ YoY growth suggests a strong adoption curve, potentially driven by increased staking…

Recently, negotiations among senators from both parties were said to hit a wall over the ethics provision, in which Democrats have demanded the president, vice president and members of Congress be restricted in their personal crypto ties. The disclosure from Trump that he’d made more than $1 billion from his industry involvement in 2025 added fuel to the critics. On Tuesday, a few Democratic senators held a press conference to call for Clarity Act opposition if it doesn’t sever Trump’s “corrupt” ties to the sector. But that vocal group didn’t include Senator Ruben Gallego, a Democrat who has been at…

Hyperliquid has added a pre-IPO perpetual market linked to ChangXin Memory Technologies, or CXMT, giving traders synthetic exposure to the Chinese chipmaker before its Shanghai debut. The contract, listed as xyz, traded near $8 on July 15, according to on-chain market data cited by Hyperinsight. Applied to CXMT’s expected post-IPO share count of 66.881 billion shares, that price implies a valuation near $535 billion, about 6.3 times its official IPO valuation. Hyperliquid opens a synthetic route to CXMT The CXMT contract operates through Hyperliquid’s HIP-3 framework, which allows outside deployers to create perpetual markets linked to assets beyond cryptocurrencies. These…

The Depository Trust & Clearing Corporation (DTCC), a prominent backbone for managing over $114 trillion in securities, has embarked on a groundbreaking journey to modernize financial markets. As of July 15, DTCC has commenced initial trading operations for tokenized securities, marking a pivotal step in financial evolution. Key participants include the likes of Ripple Prime, which plays a significant role in laying the foundations for this new frontier in trade. Is Ripple Prime Leading the Charge? Indeed, Ripple Prime has cemented its involvement by joining DTCC’s exclusive Industry Working Group, alongside financial powerhouses such as Goldman Sachs, J.P. Morgan, and…

Renowned cryptocurrency analyst Benjamin Cowen, in his latest market analysis, examined Bitcoin’s price movements. Cowen noted that despite recent criticism and ridicule, Bitcoin’s famous “four-year cycle” pattern continues to function flawlessly. An experienced analyst evaluating Bitcoin noted that the market cycle in 2026 is a less volatile replica of the 2018 bear market. Cowen’s charts show that price movements since the beginning of the year almost perfectly mirror those of 2018. According to the analyst, the local low in February, the rising lows in March and April, the rejection from the 200-day moving average in May, and the drop below…

Ethereum ($ETH) is showing strong technical signs of a short-term bottom reversal, with a projected surge to $2,163. Ethereum targets $2,163 following double bottom completion As shown in the chart below, $ETH has clearly formed a classic double-bottom reversal pattern near the $1,510 support. Even more, just two days ago, the coin broke above the $1,842 neckline resistance after a period of consolidation. At press time, $ETH was still sustaining this bullish momentum, trading at about $1,883 (+6.88% in the last 24 hours). Source: Tech Charts According to veteran chartist Aksel Kibar, this setup projects an upside target of $2,163…