Author: NBTC

The price of Ethereum has soared above $3,150 for the first time in 23 weeks, and the betting markets are now pricing in a 74% probability that it will hit $3,300 before the end of July. This strong bullish conviction comes as a wave of institutional money continues to flood into the asset. The large-cap altcoin surged 5.53% in the past 24 hours to trade at about $3,141 on Wednesday. According to market data analysis from Coinglass, Ether price has recorded an average gain of 7% in July since 2016, despite posting more bearish monthly returns of July in the…

IOTA has become the only cryptocurrency named in an official Chinese government document, issued by the city of Kashgar. China usually supports homegrown tech, and if China is testing IOTA, it could become part of its digital infrastructure plans. Salima, a cryptocurrency enthusiast, recently shared an eye-catching post on X: “IOTA is the only cryptocurrency mentioned by name in an official Chinese government document. No Bitcoin. No Ethereum. Just IOTA.” The document she referred to was issued by the city of Kashgar in China’s Xinjiang region, a historically strategic hub with over 500,000 residents and a key gateway to Central…

Bitcoin’s price action in the past 24 hours has been nothing short of remarkable. After consolidating for several days in a tightening range, the market broke past the $105,503 support-turned-resistance zone earlier in the week and kicked off a steep climb in the past trading day. This has allowed Bitcoin to push into new all-time high levels, and is showing no signs of slowing down. Interestingly, technical analysis shows the rally comes off an approach of a golden cross between the 50 and 200-day moving averages, but FX_Professor offered a different take on the much-celebrated golden cross. Analyst Disputes Golden…

The cryptocurrency world is constantly buzzing with activity, and on-chain movements by major players often send ripples through the market. Recently, a significant ETH deposit from Trend Research, a secondary investment arm of the prominent crypto firm LD Capital, has captured the attention of analysts and investors alike. This move, involving 5,000 ETH valued at approximately $15.71 million, was transferred to Binance, one of the world’s largest cryptocurrency exchanges, according to astute on-chain analyst @EmberCN on X. This single transaction contributed to a staggering total of 22,289 ETH ($68.55 million) in exchange deposits for the day, prompting questions about the…

Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central Bank (ECB) has defended the emergence of its Europe-wide central bank digital currency (CBDC) as a cash alternative to maintain the autonomy and sovereignty of its payment system. In a recent speech at Ljubljana, ECB executive board member Piero Cipollone stressed that even 25 years…

Ripple USD stablecoin, RLUSD, is closing in fast on a $500 million market cap — just as 16 million new tokens were minted in just the last 24 hours. The total supply is now at 485.24 million RLUSD, so the crossing of the symbolic half a billion milestone is literally one “print” away. And momentum is here from all angles — volume, integrations and banking support. Over the past 24 hours, the trading volume of the stablecoin rocketed by more than 8%, reaching $40.71 million. The market cap at the same time increased by 3.43%, reaching $485.33 million. This puts…

Bitcoin trading volume for spot and futures exchanges has soared the past two days as the underlying asset pumped to new heights. Spot trading volume for the world’s largest crypto by market value hit the highest two-day total in nearly two months, $150 billion, according to crypto markets data provider CoinMarketCap. Meanwhile, BTC futures trading volume on Wednesday jumped to over $203 billion, the third-highest daily total of 2025, according to CoinGlass. Those figures come as BTC’s price climbed to all-time highs just shy of $112,000. Bitcoin was recent trading at about $111,100, up 2% over the past 24 hours…

Ethereum, the second-largest crypto asset, has been in a strong uptrend over the past week, rallying alongside the broader market. While much of the uptick has been tied to positive investor sentiment and favorable U.S. regulatory outlook, new data points to another key driver. According to a July 16 Matrixport report, nearly all of Ethereum’s recent upside is being driven by Asia-based traders. Out of the 20% ETH (ETH) has gained over the past month, 17 percent of that occurred during Asian trading hours. Ethereum’s demand by trading region | Source: Matrixport The data suggests that momentum in the asset’s…

Apart from Bitcoin (BTC), altcoins such as Ethereum, XRP and Solana also began to attract attention within the scope of the treasury strategy. At this point, while many companies have added altcoins such as ETH and XRP to their reserves, the latest move came from Thumzup, where US President Donald Trump’s son, Donald Trump Jr., is also a shareholder. The company announced in its official statement that it will expand its Bitcoin-focused treasury strategy to include Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), XRP, and USDC. 6 More Altcoins to Buy Besides Bitcoin! Thumzup Media Corporation, a Nasdaq-listed brand…

Decentralized identity and trust infrastructure provider cheqd has joined forces with The Artificial Superintelligence (ASI) Alliance to implement verifiable credentials and cryptographic identity checks for AI agents across its ecosystem, the teams announced Friday. The partnership targets the growing identity crisis in the AI agent landscape, where increasingly autonomous and persuasive agents are being rapidly adopted — 25% of enterprises using generative AI are expected to use AI agents by 2025, rising to 50% by 2027, with the market projected to grow from $5.3–5.7 billion to $47.1 billion by 2030, according to Deloitte’s 2025 Global Predictions Report. Yet despite this…