Author: NBTC
Ether (ETH) ETH$2,613.82 traded firmly above $2,600 on Monday, up 3.71% over the last 24 hours, as global markets adopted a risk-on stance despite rising geopolitical tension in the Middle East. ETH hit an intraday high of $2,636.76 before settling around $2,614 during the early U.S. trading session.The move higher came as traditional markets showed surprising resilience in the face of conflict escalation. Per a report by CNBC, Israel’s defense minister warned on Monday that Tehran would “pay the price” after a renewed missile onslaught, marking the fourth straight day of heightened military activity. Yet global markets mostly absorbed the…
Data provided by public tracking service Shibburn has revealed that over the past day, the SHIB burn index has crashed by more than 23%, while the entire cryptocurrency market is down in the red zone. Still, there is a big silver lining in this cloud that the SHIB burn metric has entered. SHIB burns plunge, but here’s good thing According to the above-mentioned data source, the daily SHIB burn metric has plummeted by 23.40% by now. Still, a substantial amount of meme coins has been transferred out of circulation and into dead-end blockchain wallets: 13,856,089 SHIB. Three largest meme coin…
The Senate’s GENIUS Act, a key piece of U.S. stablecoin regulation, is to be voted on this week and should be passed into law in the next few months, Wall Street broker Bernstein said in a research report Monday. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U.S. dollar or gold. They play a major role in cryptocurrency markets, providing among other things a payment infrastructure, and are also used to transfer money internationally. Once the act is passed, Bernstein said it expects “stablecoins to evolve from the money rail of crypto to the money…
Cryptocurrency exchange OKX announced that it will delist some spot trading pairs of ALCX, NULS, MDT, BORA, CTXC, XNO, VENOM and RADAR tokens on June 20, 2025, in order to maintain a healthy trading environment on the platform. OKX Delisting Spot Trading Pairs of ALCX, VENOM and 6 Other Tokens OKX stated that in line with user feedback and the “Token Listing/Removal Guide,” trading pairs that do not meet performance criteria are regularly reviewed. Trading pairs to be delisted: ALCX/USDT, ALCX/USD NULS/USDT, NULS/USD MDT/USDT, MDT/USD BORA/USDT, BORA/USD CTXC/USDT, CTXC/USD XNO/USDT, XNO/USD VENOM/USDT, VENOM/USD RADAR/USDT, RADAR/USD Timing: Trading pairs will be…
Cardano-based decentralized cloud service Iagon has announced that legendary car manufacturer Ford will act as an advisor for the project that aims to tackle issues that are associated with handling documents. Large corporations of the likes of Ford produce large volumes of sensitive legal data that includes depositions, court records, and so on. However, such data tends to be scattered across different systems and teams. It is challenging to actually use that data due to inefficient management. Moreover, it tends to be vulnerable to potential security breaches. In collaboration with software company CloudCourt, Iagon is developing a proof of concept…
The 1inch Foundation, the organization behind 1inch.exchange, one of the largest decentralized exchange (DEX) aggregators by trading volume, has proposed a $768,000 reimbursement plan for users affected by a supply chain attack in October 2024. However, the proposal’s strict eligibility criteria appear unusual for a DeFi protocol. Under the 1IP-80 proposal, users must complete identity verification, provide verifiable proof of lost funds, file law enforcement reports, and sign a compensation agreement to qualify for reimbursement. Those who fail to meet any of these requirements are likely to be excluded from receiving compensation. The plan calls for transferring $768,026 in USDC…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.74% today against the US Dollar Ethereum is currently trading 8.63% below our prediction on Jun 21, 2025 Ethereum gained 5.11% in the last month and is down -27.01% since 1 year ago ETH price is expected to rise by 9.26% in…
The regolamentazione UE is pushing the giants of stablecoins towards the USA, leaving European users in a kind of digital limbo. The cryptocurrency ecosystem is going through a crucial phase in the regulatory process that could determine its future for the coming decades. At the center of this process are stablecoins, cryptocurrencies pegged to stable values like the dollar or the euro: an infrastructure now essential to the entire crypto market, with over 160 billion dollars in capitalization. The regulatory approaches of the EU and the USA are in contrast: rigid the European one of MiCAR, more flexible the American…
Senator Bill Hagerty (R-TN) has been in the headlines as of late as the GENIUS Act (S. 1582), a bill for which he was the primary sponsor, moves closer to passing in the U.S. Senate. The GENIUS Act is a bill that, if enacted into law, would create a federal regulatory framework for stablecoins so that the technology can be more widely adopted. (While some Bitcoin enthusiasts may not like this, they should still pay attention to the language in the bill, as it could have an impact on U.S. citizens’ ability to use Bitcoin wallets privately.) However, stablecoins aren’t…
South Korea-based cryptocurrency exchange Upbit has announced that it will offer trading support for two new digital assets, Altlayer (ALT) and Haedal Protocol (HAEDAL). Upbit Supports New Trading Pairs for Altlayer (ALT) and Haedal Protocol (HAEDAL) ALT will be listed on the KRW and USDT markets on June 16, 2025. On the same day, HAEDAL will be available for trading on BTC and USDT trading pairs. Altlayer (ALT) Listed on Ethereum Network Trading pairs: ALT/KRW and ALT/USDT Network: Ethereum Operation start time: June 16, 2025, 19:00 Altlayer is a Rollup-as-a-Service (RaaS) project that allows projects without coding or deep blockchain…