Author: NBTC

The minimum fees required for a Bitcoin transaction have been slashed by 90%. This news comes amid the debates over what the asset is best suited for. Some believe it is better for everyday payments, while others are still adamant that it satisfies the conditions to be a store of value. Over the past few years, there have been several enthusiasts who have felt Bitcoin is no longer a regular digital asset, considering the fact that the asset’s value has been quite stable since it launched. To make it more appealing, users of the biggest crypto network can now pay…

A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern. Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart. The pattern typically indicates that an asset is ready to spark a new uptrend after a period of consolidation. TechDev also points out that Bitcoin’s cup-and-handle breakout looks very similar to gold’s eruption over the past two years. “When cup-and-handles hit with precision. Bitcoin’s turn…” Source: TechDev/X Looking at the trader’s…

Ethereum (ETH), the world’s second-largest crypto by market cap, may finally be poised for a breakout after years of underwhelming performance. With both traders and the broader community expressing renewed confidence, the ETH price appears ready to close the gap between its leading technology and lagging price action. Renewed optimism reflecting in ETH price After more than three frustrating years of struggling way beneath its all-time highs, ETH price has been registering double-digit percentage hikes, rising over 20% in the last seven days, and investors are taking note. According to CoinGecko, 89% of the ETH community is bullish today, a…

Crypto inflows continue to extend their multi-week streak, with Bitcoin (BTC) and Ethereum (ETH) still leading despite broader market caution. However, Ethereum remains an outlier, demonstrating significantly higher investor interest or sentiment than Bitcoin. Crypto Inflows Surge to $1.03 Billion Last Week Crypto inflows hit $1.04 billion last week, and while this was significantly lower than the $2.6 billion crypto inflows for the week ending June 28, it marks the 12th straight week of positive flows. The latest CoinShares report indicates that last week’s crypto inflows pushed assets under management (AuM) to $188 billion. The US accounted for most of…

Ripple has carried out its monthly XRP escrow rebalancing, moving a substantial amount of XRP to escrow amid the July escrow unlock. Ripple carried out the rebalancing over multiple transactions on July 1, transferring substantial amounts of XRP across several wallets before moving them to escrow. Before then, the escrow account had released 500M XRP ($1.08 million) to a Ripple account. 500M XRP Unlocked from Ripple Address Whale Alert shared this transaction in a Tuesday tweet, which saw a Ripple account receive 500 million XRP from the escrow account. Specifically, the Ripple (27) wallet received the tokens. Whale Alert on…

Brian Armstrong, the CEO of the largest U.S.-based cryptocurrency exchange, Coinbase, has commented on the U.S. president, Trump, signing the so-called Genius Act earlier this week. This step, after passing this act, has now turned it into a law with all the positive aftermath for the crypto space that is expected to follow. Coinbase CEO underscores importance of stablecoin law This act acknowledges stablecoins as legal assets and provides regulation for their circulation and usage. Armstrong gave an interview to CNBC from the White House yard, stating that this passing of the Genius Act marks an important milestone for crypto…

SUI Surges 427% in 2024: SUI outperforms Bitcoin and Ethereum, reaching $4.09 amid growing DeFi adoption and strong fundamentals. FTX’s $6.4B SUI Miss: FTX sold its SUI stake for $96M in 2023—today that stash would be worth over $6.46 billion. SUI has become one of the hottest altcoins in the crypto space right now. In the past year alone, it has recorded a jaw-dropping gain of 389.3%, leaving even Bitcoin and Ethereum behind, which rose by 85.9% and 6.5%, respectively. The momentum hasn’t slowed down. In just the past 30 days, the SUI price surged by 41.2%, reaching $4.09 at…

Ethereum’s price jumped for six consecutive days, reaching its highest point since January 7. It has jumped by over 158% from its lowest point in May this year. Ethereum (ETH) jumped to around $3,580, making it one of the best-performing coins this week. SoSoValue data shows that the surge coincided with the robust spot Ethereum ETF inflows during the week. These funds added a record $2.1 billion in assets, the biggest weekly gains on record. The inflow was much higher than the previous week’s $907 million. It was also the tenth consecutive week of positive Ethereum ETF inflows, marking the…

Even as Russia gears up to launch its digital ruble, some of the country’s top bankers still aren’t sold on the idea. As Russia moves closer to launching its own digital currency, questions are starting to grow louder about whether the country really needs a central bank digital currency. And most importantly, these concerns are coming not from critics abroad, but from within the country’s own financial system. One of those questions is now being raised by one of the most influential bankers in Russia. German Gref, the CEO of Russia’s largest state-controlled lender Sberbank, reportedly told reporters on the…

Shiba Inu lead developer Shytoshi Kusama has provided a hint about what SHIB community members should expect in July. In a recent X post, Kusama suggested that July 2025 will not be just another month of the year, but one packed with several AI-driven initiatives. He renamed July as Jul-AI, signaling that the seventh month of the year will be all about artificial intelligence (AI) for Shiba Inu. Kusama teased that the community will see numerous announcements, releases, and discussions surrounding past developments and the blueprint for the next phase of the ecosystem. Based on his commentary, it is expected…