Author: NBTC
The Ethereum price today is trading near $2,630 after failing to sustain above short-term resistance at $2,700. Despite recent upside momentum, Ethereum price action is now showing signs of exhaustion, with multiple indicators flashing early warning signals of a pullback or consolidation phase. What’s Happening With Ethereum’s Price? ETHUSD price analysis (Source: TradingView) After a clean breakout from the descending wedge formation earlier this month, the Ethereum price rallied sharply from the $2,420 support zone, briefly tagging the $2,698 region. This surge aligned with broader altcoin strength and Bitcoin’s own rally past $110K. However, the bulls are now facing difficulty…
Adopting a cryptocurrency treasury has boosted the stock prices of many companies in recent months, but after making its first Bitcoin buy, video game retailer GameStop is seeing a much different result. The price of GameStop (GME) is down over 10% on the day, diving to a current price of $31.45 following word from the company that it completed its first purchase of Bitcoin. The price had fallen as low as $30.73 before ticking back up to the current level. Even with the daily dip, GME is up almost 10% over the last week and 14% over the past month.…
Siacoin holders are being urged to move funds ahead of the June fork. The Sia network is about to receive its biggest upgrade yet, with a major v2 hard fork scheduled for June 6, giving users just a little time to upgrade their wallets and software. Once launched, anyone using outdated software or storing their Siacoin on exchanges that haven’t upgraded will be disconnected. According to a Monday blog post, the fork introduces an entirely new architecture, reworking the core file-sharing protocol and breaking functionality into modular components. Calling it a “foundational overhaul” and even a “rebirth,” the Sia Foundation…
US Senator Cynthia Lummis announced at the Bitcoin 2025 Conference that President Donald Trump supports a new bill that requires the purchase of 1 million Bitcoins. According to Lummis’ statement, the bill in question will be on the Congressional agenda next week. Lummis said the US government currently believes it has around 200,000 Bitcoins, but that information was “covered up” after an audit mandated by the White House. The senator also noted that he was offered a special briefing on the matter. In Washington, activity regarding cryptocurrency laws continues. Senate Republicans, who have been working hard for stablecoin regulations for…
Dogecoin will see a slew of hypercasual mini-games released throughout the rests of the year via the DogeOS application layer, utilizing the DOGE network for the games’ reward system and more. Published by PlaysOut, approximately 15 Doge-themed games spanning various genres will be rolled out by the end of the year, with the first title expected in August. These casual mini-games will be playable via the MyDoge wallet and PlaysOut mobile app, with the hope that the games will find their way onto other platforms. The games are expected to utilize the Dogecoin blockchain, with leaderboards, quests, and competitions likely…
Binance, the world’s largest cryptocurrency exchange, announced the proof-of-reserve system to regain the decreasing trust in Bitcoin exchanges after the sudden bankruptcy of FTX. In this context, Binance, which publishes reserve reports at regular intervals, has published the 31st Report (snapshot date June 1) of its reserves. According to Binance’s official website, the reserve ratio (Binance holdings divided by user assets) for major cryptocurrencies is overcollateralized. Apart from Bitcoin (BTC), the report includes USDT, Ethereum (ETH), BNB, Solana (SOL), FDUSD, ENJ, 1INCH, CRV, MASK, HFT, BUSD, BOME, FORM, Hedera (HBAR), NEAR, Pepecoin (PEPE), S, SUI, WIF and TRUMP were featured.…
The Pakistani government just announced that it allocated 2,000 megawatts of electricity to power Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This campaign is designed to establish Pakistan as a major global player in Web3 infrastructure and the digital economy of the entire region. Pakistan deploys 2,000 MW of electricity for BTC mining According to the official statement of the country’s Finance Minister Muhammad Aurangzeb, Pakistan is committing 2,000 megawatts of energy for Bitcoin (BTC) proof-of-work mining and AI-specific data centers. This ambitious program is set to make Pakistan a leader in blockchain disruption for the entire Asian…
Less than a month after the first tokenized property was sold out, PRYPCO Mint, the joint initiative between the Dubai Land Department (DLD) and PRYPCO licensed by the Virtual Assets Regulatory Authority (VARA), is now offering its second tokenized property listing. The property at Kensington Waters is worth $653,000, and will go live tomorrow on June 11, 2025. The tokenized property to be listed will allow fractional property ownership on the blockchain technology. The new tokenized property is a one-bedroom apartment The new property listing features a one-bedroom apartment in Kensington Waters, Mohammed Bin Rashid City, with a total valuation…
As Bitcoin charges into all-time high territory in Q2 2025, one man and one company continue to dominate the narrative–Michael Saylor and his rebranded firm, Strategy Inc. Formerly MicroStrategy, the company is not just riding the crypto wave, it is powering it. As Wall Street races to engineer new Bitcoin-linked financial products, Saylor’s original “capital-markets hack” still reigns supreme. In an X post, CryptoQuant CEO Ki Young Ju summed it up nicely: “Saylor hacked the US capital markets and rerouted liquidity into Bitcoin.” Ki Young Ju likened Strategy Inc. to a kind of perpetual-motion engine—a Bitcoin treasury firm that simply…
The yield-bearing vault created by decentralized exchange HyperLiquid has grown from $163 million to $418 million over the past two months despite centralization concerns around the JELLY market fiasco in March, data from DefiLlama shows. The vault, which acts as an internal market maker and gives depositors a yield, was underwater by $13.5 million after a user manipulated the index price of JELLY in March. HyperLiquid minimized these losses by forcibly closing the JELLY market, settling it at $0.0095 as opposed to $0.50 that was being fed to oracles via decentralized exchanges. This led to an exodus of capital from…