Author: NBTC

Sky Protocol’s decentralized finance network has launched a new institutional-grade credit protocol with a $1 billion investment into tokenized credit. Grove, a DeFi credit infrastructure developed as part of the Sky (SKY) ecosystem, was announced in a press release on June 25. At launch, the Sky ecosystem allocated $1 billion to Grove for investments in the Janus Henderson Anemoy AAA CLO Strategy, a fully tokenized fund created in collaboration with Centrifuge. Run by the same team that manages Janus Henderson’s $21 billion AAA CLO ETF, the strategy provides DeFi with access to a traditionally off-chain asset class known for yield…

Ethereum price started a fresh decline below the $2,600 zone. ETH is now consolidating losses and might attempt to recover above the $2,550 resistance. Ethereum started a fresh decline below the $2,580 level. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,620 resistance zone in the near term. Ethereum Price Eyes Upside Break Ethereum price started a fresh decline below the $2,600 support level,…

Abu Dhabi government represented by the Department of Municipalities and Transport, Tawasul Transport, will be accepting AED stablecoin payments using the AE Coin for taxi services. The agreement was signed between Integrated Transport Center (ITC) of the Department of Municipalities and Transport, and Al Maryah Community Bank better known as MBank. According to the press release, stablecoin digital payments offer a seamless sustainable transportation experience while offering smart secure payment tools. A live AE Coin payment for a taxi service was carried out using the AEC Wallet and the AE Coin (AEC). The General Manager of Abu Dhabi Tawasul Transport…

Ark Investment’s CEO, Cathie Wood, has explained why Bitcoin price would continue to appreciate to unprecedented heights. In an interview, Wood identified that Bitcoin remains in an early growth phase. Despite its six-figure valuation, she emphasized that the premier crypto asset would continue to appreciate, citing its nascent institutional presence and favorable demand-supply dynamics. Still the Beginning for Bitcoin There are only 5.4% of Bitcoin’s 21 million total supply yet in circulation, which amounts to approximately 1.13 million BTC. Furthermore, the remaining Bitcoins have been spread across the next 115 years, a reality check for those yet to take the…

Ethereum price today: $2,510 Ethereum network grows steadily adding nearly 1 million new addresses per week since May. GENIUS bill, which passed the Senate in a 68-30 vote likely acted as a catalyst. ETH could suffer a strong breakdown if it fails to hold the lower boundary of a key channel.. Ethereum (ETH) is trading around $2,500 in the early Asian session on Friday despite a surge in new address growth over the past month. The development follows progress in digital assets regulations after the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) bill passed the Senate. Ethereum new…

While the FED is expected to start cutting interest rates, which it has been pausing since January, in order to trigger the long-awaited rally in Bitcoin (BTC) and altcoins, which have been overshadowed by the Israel-Iran tension, the good news of an interest rate cut came from FED Vice Chair Michelle Bowman. Speaking at a meeting in Prague, Czech Republic, Michelle Bowman Waller said the time to cut interest rates was approaching. This marks a major change for Bowman, who has emerged as one of the most hawkish members and has been skeptical of interest rate cuts in recent months.…

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is once again stating its primary mission loud and clear: market domination. This ambitious goal is front and center as the project works to significantly evolve beyond its initial identity as a meme coin. With a stated vision to compete with giants like Bitcoin (BTC) and Ethereum (ETH), Shiba Inu is doubling down on efforts to build a massive ecosystem and a highly active global community. The announcement follows a wave of optimism in the community and renewed focus on scaling up adoption, trading activity, and token utility. ShibArmy Strength: SHIB Holders Top…

NBA legend Scottie Pippen has sparked fresh conversation in the crypto space with a two-word tweet that’s getting attention: “Study Bitcoin.” The timing is interesting. His message came just as Bitcoin dipped nearly 2%, slipping from almost $107,000 to around $104,630. Some saw it as encouragement during a market pullback, others saw it as a continuation of his curious role in the Bitcoin conversation. This is not Pippen’s first post related to crypto. How does the player fit into the blockchain world? Let’s explore. A Growing Crypto Persona Pippen has built a light-hearted – yet increasingly noticeable – presence in…

Ethereum is witnessing a renewed wave of accumulation from institutional investors and smart money wallets. As of writing, Ethereum (ETH) was trading at $2,508, representing a gain of over 70% from its year-to-date low. Its market cap stood above $300 billion. While ETH remains 32% below its 2025 peak, analysts suggest it could be approaching a significant breakout. According to pseudo-anonymous analyst Crypto GEMs, who has over 422,000 followers on social media, Ethereum appears to have reentered a multi-week parallel channel on the daily chart. Source: X/cryptogems555 The structure resembles a similar pattern from earlier this year, which preceded an…

The Fed left interest rates unchanged last week, in line with expectations. Fed Chairman Jerome Powell said in a statement that he would act cautiously in reducing interest rates, citing concerns about tariffs. While the developments between the US and Iran following the interest rate decision negatively affected Bitcoin (BTC) and altcoins, the signing of a ceasefire between Iran and Israel brought the markets back to green. While the Iran-Israel ceasefire remained on the agenda, all eyes were on FED Chairman Jerome Powell’s speech. What Time Is FED Chairman Jerome Powell’s Speech? At this point, FED Chairman Jerome Powell will…