Author: NBTC

The dollar index, which tracks the U.S. dollar’s value against a basket of fiat currencies, has seen a notable bounce following its worst six months in decades. Analysts, expected further gains in the short-term, but ruled out a full-blown bullish trend. The DXY has gained 1.40% to 98.30, bouncing off the three-year low of 96.37, according to TradingView. The recovery qualifies as a bullish technical breakout, as the index has topped the trendline connecting the series of lower highs from the February peak. A strong dollar typically leads to financial tightening worldwide, zapping investor risk appetite. Historically, bitcoin has mostly…

The SHIB community keeps up its regular attempts at diminishing the circulating SHIB supply. The SHIB burn metric has displayed an impressive four-digit growth since last morning with a smashing amount of SHIB transferred out of circulation. Hundred million SHIB disappears Data provided by the popular wallet tracker Shibburn, during the past day, the SHIB army has managed to dispose of a massive amount of SHIB. A total of 100,530,829 meme coins has been transferred to unspendable wallets. This was the largest SHIB amount destroyed over the past week in one day. The majority of the aforementioned crypto chunk was…

If you are confident in your trading skills, the lack of capital should not be the reason you are stuck on the sidelines. Especially not when crypto prop trading firms are there to put up the capital you need. These platforms fund your trades and let you keep a large share of the profits. The only catch is, you have to prove that you can manage risk and hit profit targets. This quick guide explores how crypto prop trading works and highlights the top platforms worth your attention in 2025. Table of Contents Top crypto prop trading firms compared What…

Bitcoin mining firm Bitfarms (BITF) surged on Tuesday as the company announced to buy back up to 10% of its common stock’s public float. The Toronto-based company said the buyback plan, beginning July 28, will let it acquire up to nearly 50 million shares on the open market through the Nasdaq and Toronto Stock Exchange over the next 12 months, with purchases subject to regulatory limits and daily volume caps. All repurchased shares will be cancelled. BITF shares rallied as much as 18% on the news before paring some the gains. Recently, it was up 8% even as most of…

The number of Bitcoin (BTC) millionaires has surged in the first half-year of Donald Trump’s second term as President, according to new data from Finbold Research. Between January 20 and July 20, 2025, a total of 15,841 new Bitcoin wallet addresses reached millionaire status, bringing the overall count to 192,205, representing a 9% increase in just six months, with an average of 88 new millionaire addresses added every day. Finbold Research analyzed the data using figures retrieved from BitInfoCharts, with historical snapshots verified through the Wayback Machine. The findings show a consistent increase across all tiers of high-value addresses, but…

This is a segment from The Drop newsletter. To read full editions, subscribe. Are we ever going to see NFTs boom again? Luca Netz thinks so. The Pudgy Penguins have become one of the most recognizable brands in crypto since Luca “Netz” Schnetzler took the helm in early 2022, ultimately becoming the CEO of Igloo Inc. and, later, the co-inventor of the Ethereum L2 Abstract. “I think you’ll see mania again,” Netz told me in an interview. “I think you’ll see a version of 2020, 2021, happen. I think you’ll see that again.” Netz also has the hot take that…

The Ethereum price today is holding above $3,430 after a steep rally that followed a breakout from a multi-month cup and handle pattern. Price surged past $3,100 earlier this week and is now approaching a key zone near $3,500. Traders are watching closely to see if this upside continuation holds or if a temporary pause sets in at resistance. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) The daily chart shows a clear breakout above the handle structure of the large cup and handle pattern, with Ethereum price climbing from the $3,100 neckline into open air. This pattern…

Wall Street was upbeat at the open on Friday, July 18, with stocks looking to extend gains after the S&P 500 and Nasdaq edged to record highs in recent sessions. Although the Dow Jones Industrial Average was down 20 points, the S&P 500 and the Nasdaq were up 0.2% and 0.3%, respectively. The positive start to the final trading day of the week for the S&P 500 came as Wall Street recorded fresh all-time highs, with the Nasdaq leading during the previous session. Better-than-expected quarterly earnings and upbeat economic data helped fuel broader optimism across risk assets. Cryptocurrencies and crypto…

For anyone navigating the dynamic world of cryptocurrencies, staying informed about exchange announcements is paramount. A recent development from South Korean crypto exchange Bithumb has caught the attention of OAS token holders, signaling a temporary but significant change. This isn’t just a routine update; it’s a crucial step designed to support the underlying technology of the Oasys blockchain. Understanding the implications of such announcements, especially regarding your OAS token holdings, is vital for ensuring your assets remain accessible and secure. Let’s delve into what this suspension means for you and the broader Oasys ecosystem. Understanding the Bithumb OAS Token Suspension…

Nasdaq-listed Bitcoin miner Mawson Infrastructure Group Inc. has reportedly dismissed its CEO, Rahul Mewawalla, amid allegations of fraud and breach of fiduciary duty. The lawsuit was initiated in the Delaware Court of Chancery, and the allegations range from suspected fraudulent activities to misconduct. Mewawalla denies wrongdoing, points to earlier achievements The dismissal of Rahul Mewawalla comes as a surprise to many as it is happening months after Mawson awarded him $2.5 million in cash bonuses, 1.2 million restricted stock units, and a base salary increase to $1.2 million, a reward for what it called “high-performing” executive performance. On May 30,…