Author: NBTC
Ethereum continues to demonstrate strength, holding firm above key support levels and outperforming much of the crypto market despite growing macroeconomic uncertainty. Since its April lows, ETH has more than doubled in value, gaining over 100%, and shows no signs of slowing down. While many assets have faced heavy selling pressure amid volatility in global markets, Ethereum remains resilient, showing consistent buying interest and maintaining its upward trajectory. Top analyst Carl Runefelt shared a bullish perspective, noting that Ethereum price stays strong on the daily timeframe. According to Runefelt, if Bitcoin starts moving sideways, Ethereum could seize the opportunity to…
The FED, as one of the highest-level institutions that oversee the banking system, has made a critical appointment for the cryptocurrency world. Michelle Bowman has been confirmed as the Fed’s new vice chair of oversight by a 48-46 vote in the Senate. A Kansas Republican who previously served on the Fed’s board, Bowman will now be one of the top officials driving the agency’s regulatory agenda. Created in the wake of the 2008 global financial crisis, the role was designed to free the Fed from its regulatory role outside of monetary policy. Bowman’s appointment could also herald a new era…
Two wallets accumulated over $9M in HYPE within 24 hours using coordinated spot orders. Both wallets funded spot accounts from Arbitrum and PERP before large HYPE buys. Despite large holdings, both wallets show slight unrealized losses from post-buy price shifts. A surge in high-value HYPE token transactions was recorded between June 8 and 9, 2025, with two crypto wallets, identified as 0xd83 and 0x9E8, executing purchases exceeding $9 million. On-chain records show a clear pattern of structured accumulation, involving pre-funded spot accounts and synchronized execution of large buy orders. Wallet address 0xd83CfF88A32fFbf3951f2b13e4A0A37103b3193D made a major acquisition on June 9, beginning…
The SEC’s move to halt proposed crypto ETFs that would allow staking likely won’t help or hurt other issuers’ efforts to unlock that feature for their own funds, industry watchers argue. Registration statements for the Rex-Osprey ETH Staking ETF and the Rex-Osprey SOL Staking ETF went effective on May 30 “without resolution of staff comments,” the SEC wrote in a letter that day. The funds were structured as C-corporations, Bloomberg Intelligence analyst James Seyffart pointed out in a series of X posts. This “unique structure” would allow the funds to bypass the 19b-4 process, which requires self-regulatory organizations to propose…
Hong Kong-based trading platform HashKey Group has announced the listing of XRP XRP$2.19 for professional investors.The company said in a tweet that spot XRP/USD markets are now live, although the trading pair notched just $4,000 in volume in the first hour after listing. HashKey Group is licensed by the Hong Kong Securities and Futures Commission (SFC) and targets institutional investors in Asia. The listing comes after XPR was selected as one of five assets to be included in included in the U.S. strategic crypto reserve. HashKey Group cited XRP’s resurgence in late 2024 as a catalyst for this cycle’s first…
LayerEdge integrates edgenOS and Edgen Chain to enable decentralized zk-proof validation across multiple blockchain ecosystems. Cosmos architecture allows LayerEdge to connect with 115+ IBC chains and bridge trust across networks natively. LayerEdge has finally joined the Cosmos ecosystem. But it’s not just about a new chain. They’re bringing a different approach—two tightly coupled systems: edgenOS and Edgen Chain. Imagine a zk-proofing system that could run on millions of laptops, phones, or desktops in people’s homes, and then have the results aggregated and locked into many large blockchain networks. That’s more or less how LayerEdge works. edgenOS acts as a coordination…
What is an economic node? To understand that, you need to first conceptually understand how a user interacts with the Bitcoin network in the first place. Bitcoin is a database, and a network to facilitate the updating and synchronization of updates to that database, used for the primary purpose of people transacting bitcoin (entries in the database). The primary concern of a user making use of Bitcoin for this purpose is the validity of the transactions sent to them, i.e. is the money they have received valid in the sense that when they go forward in the future to spend…
Ethereum price started a fresh increase from the $2,470 zone. ETH is now facing resistance near the $2,650 and $2,660 levels. Ethereum started a fresh increase above the $2,500 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,545 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a decent recovery wave from the $2,470 zone, beating Bitcoin. ETH…
In recent statements, FED Board Member Adriana Kugler said that inflation currently poses a greater risk than weak employment. Kugler stated that the impact of customs duties on prices has not yet been fully seen, and said, “Inflation will be the primary effect, other effects will emerge over time.” Kugler said that the inflation experience during the pandemic period still has an impact on expectations, and noted that inflation resulting from customs duties may not be a one-time effect. “My focus right now is inflation. Once the tariffs are fully in place, we can start talking about other impacts, but…
Meme coin trading on the Avalanche blockchain is heating up with multiple multi-million dollar runners launched on SocialFi app The Arena. In fact, the platform’s native token, ARENA, has soared 127% to $58.7 million over the weekend. The biggest winner is Lambo, a meme coin only just created on Saturday that’s jumped to a $25.24 million market cap. That’s almost half of the market cap of the platform it was launched on. But it has since retracted 25.3% to $18.84 million. Other notable runners include Magic Internet Money, which peaked at a $5.4 million market cap on Friday and has…