Author: NBTC

HYPE, the token of leading decentralized perpetual exchange Hyperliquid, is now the fifth-largest digital asset by futures open interest. At the time of writing, the dollar value of the number of active or open bets in HYPE futures (perpetual and standard) traded worldwide was $2.06 billion, according to data source Coinglass. That placed HYPE ahead of dogecoin DOGE$0.17776 as futures tied to the meme token had an open interest of $1.83 billion. The payments-focused XRP cryptocurrency held ahead of HYPE with bitcoin BTC$107,192.18, ether ETH$2,628.95 and solana’s SOL SOL$156.95 leading the pack.HYPE’s futures market leadership over DOGE and many other…

Ethereum, the second-largest cryptocurrency by market cap, extended its climb past $2,500 in the early Tuesday session as the crypto market recovered from a sell-off that resulted in nearly $1 billion in liquidations over the weekend and on Monday. Ethereum reached an intraday high of $2,652 in a steady climb since June 1 before easing to $2,625, where it currently trades, up 4.16% in the last 24 hours, according to CoinMarketCap data. Aside from Solana, which rose 4.4%, ETH topped gains among the top 10 cryptocurrencies by market capitalization, as the Ethereum Foundation restructured its workforce to focus on protocol…

PlatON, a blockchain network focused on payments, has announced the integration of two stablecoins — XSGD and XUSD — issued by StraitsX. XSGD is pegged to the Singapore Dollar, and XUSD is pegged to the U.S. Dollar. Both are fully backed 1:1 by reserves held in regulated financial institutions such as DBS Bank and Standard Chartered. These stablecoins are now available on the PlatON Network, providing users and businesses with access to stable and programmable payment options. The integration supports various payment use cases across PlatON’s infrastructure. StraitsX, the issuer of XSGD and XUSD, has processed over USD 10 billion…

Nasdaq’s decision to submit a proposal to the Securities and Exchange Commission (SEC) seeking to update the Nasdaq Crypto Index (NCI) has received criticism. Willy Woo, a top analyst in the crypto space, opines that categorizing XRP with Bitcoin (BTC) is a flawed decision. Willy Woo calls for rethink over Nasdaq’s proposal on adding XRP For clarity, Nasdaq proposes updating the NCI to include XRP, Solana, Stellar and Cardano in the list of assets in the Hashdex Nasdaq Crypto ETF (NCIQ). In a post on X, Woo argues that Bitcoin should not exist in the same category as these other…

South Korea is gearing up to elect a new president on June 3. And while the election may be more dominated by other issues in Korean politics, such as the recent impeachment of the previous president, candidates have positioned digital assets as a key campaign issue in a nation where nearly one-third of citizens own crypto. Dr. Sangmin Seo, a South Korean technologist who leads the Kaia DLT Foundation, views crypto as becoming increasingly politically instrumental. “This election, Korean politics sees crypto as a narrative to gain voters’ favors, positioning it as another national growth engine besides AI and semiconductors,”…

$TOKEN gains 5.09% after Revolut adds support for over 50M users across 25+ currencies. Price jumps despite 11.9% drop in volume, hinting at shift toward holding behavior. Revolut listing boosts fiat access, widening $TOKEN’s reach beyond traditional exchanges. TokenFi’s native cryptocurrency, $TOKEN, has been added to Revolut, a leading European finance platform. The move expands $TOKEN’s availability to over 50 million users, who can now purchase the asset using more than 25 fiat currencies, including USD, EUR, and GBP. The integration will enable direct access through the Revolut app, a platform that processed over $1.3 trillion in volume and added…

Symbiotic, a universal staking protocol and EigenLayer rival, has launched Relay, a software development kit (SDK) that allows protocols to stake assets on Ethereum and verify that stake across any blockchain. Staking is a system for securing blockchains in exchange for rewards. In staking systems, so-called validators commit callateral — called “stake” — for a role in processing transactions. “Restaking” protocols like Symbiotic let users reuse stake across multiple blockchains at once, offering investors the opportunity to earn extra yield. Relay is, in essence, a generalized version of Symbiotic’s restaking tech — a toolkit that can bring Symbiotic-style restaking to…

A newly confirmed bearish shark harmonic pattern has formed on Bitcoin’s intraday chart, pointing to a potential retracement in the short term. With the value area high now under pressure and volume metrics signaling a lack of strong buyer commitment, Bitcoin may be setting up for a healthy pullback into deeper volume-supported zones. Bitcoin’s (BTC) latest move higher has brought it into technically significant territory, but not without warning signs. A bearish shark harmonic has emerged, suggesting a possible reversal following the recent grind to local highs. As price tests the value area high (VAH), a key inflection point is…

Singapore, Singapore, June 12th, 2025, Chainwire Defx, a new Layer 1 built for trading, has announced a $2.5 million seed round to launch a dark pool DEX for perpetual futures trading – where order flow, position sizes, leverage, long/short exposure, and liquidation thresholds are all fully encrypted using zero-knowledge tech, while transaction integrity remains publicly verifiable onchain. Investors include Pantera Capital, CMT Digital, Gumi Cryptos, CoinShares, Robot Ventures, Cadenza Ventures, Baboon VC, and angel investors like Sandeep Nailwal (Polygon) and Mahin Gupta (Liminal). The funding will support the development and launch of Defx’s Layer 1 blockchain for real-time, on-chain trading…

Ethereum Price to Hit $3K This Week? Vitalik’s Scaling Vision Sparks Bullish Momentum Ethereum ($ETH) is heating up once again. After weeks of sideways movement, the second-largest cryptocurrency is showing renewed strength—and it’s not just about the charts. Two major updates have triggered a wave of bullish sentiment that could push ETH past the $3,000 mark this week. Let’s break down what’s driving the momentum and whether Ethereum is finally ready to reclaim its position above this critical psychological and technical level. By TradingView – ETHUSD_2025-06-03 (YTD) Vitalik Buterin: Ethereum Layer 1 to Scale 10x in 12 Months In a…