Author: NBTC

While Bitcoin (BTC) and altcoins have experienced a pullback in recent days, the expectation of an increase continues despite the pullback. While Bitcoin continues to consolidate at critical levels, CoinShares published its weekly cryptocurrency report and said that there was an inflow of $ 286 million last week. “While there was an inflow of $286 million into cryptocurrency investment products last week, the total inflows over the 7 weeks reached $10.9 billion. Ethereum Rises, Bitcoin Stalls: Ethereum took the lead with an inflow of $ 321 million and showed its best 6-week performance since December 2024. Bitcoin, on the other…

The growing trend of public crypto treasuries has sparked a race among altcoins. Each one vies to be the top choice for companies and institutions looking to establish strategic reserves. In this race, the XRP community offers several arguments highlighting XRP’s superiority. What are those arguments? This article dives in and explains. More Companies are Listing XRP as a Treasury Asset Recently, Webus International, a China-based company, filed Form 6-K with the U.S. Securities and Exchange Commission (SEC). The filing confirmed a plan to build a $300 million strategic reserve focused on XRP. Webus is not alone. VivoPower International also…

According to a statement by Deputy Finance Minister Chulaphan Amornvivat on X, Thailand’s cabinet has approved tax measures that will exempt personal income tax on capital gains from digital asset sales through SEC-regulated platforms. The tax relief will be effective from January 1, 2025, through December 31, 2030, as part of Thailand’s initiative to establish itself as a digital asset hub. “The Cabinet has approved tax measures proposed by the Ministry of Finance to promote Thailand as a Digital Asset Hub,” Amornvivat said, adding that the policy aims to boost the country’s crypto market, attract foreign investment, and stimulate domestic…

B3, a prominent exchange in Brazil, opened trading on futures contracts for Ethereum and Solana today. This represents the first step in a plan to offer several altcoin futures contracts. Additionally, B3 also tweaked its pre-existing Bitcoin futures contracts, making them cheaper to appeal to domestic retail investors. These altcoin offerings, on the other hand, cater to an international clientele. Brazil’s New Altcoin Futures Contracts B3 made headlines two months ago when it became the world’s first exchange to offer an XRP ETF. This development became possible thanks to regulatory developments in Brazil, a nation that has aimed to become…

Bitcoin (BTC) currently trades around $107K, showing resilience above the $105K support zone. After a brief dip from its May all-time high, and with renewed institutional inflows, the market is speculating: can BTC reclaim $111K this week? By TradingView – BTCUSD_2025-06-09 (5D) Bitcoin Price Prediction: Will BTC Reach $111K? 1. Post-ATH Consolidation Bitcoin reached a high of around $111,889 before correcting into the $105K–$108K range. This pullback is considered healthy and part of a broader bullish structure, suggesting the next breakout may be forming. 2. Institutional Momentum Builds Spot BTC ETFs continue to attract major inflows, led by large institutions.…

June 2 (Reuters) – Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized initial public offering in the United States, underscoring growing momentum in the stablecoin market. The upsized IPO indicates strong investor appetite for crypto firms under U.S. President Donald Trump, who has not only promised friendlier regulations for the sector, but also has several crypto projects associated with him. New York-based stablecoin issuer Circle and some existing investors are now looking to raise up to $896 million from 32 million shares priced…

Pump.fun was quick to jump on the fallout of Donald Trump and Elon Musk over the claims of a bloated spending bill. The meme token platform offered Musk a chance to launch a new token and battle it out on the crypto market. Pump.fun called out to Elon Musk on Twitter, suggesting the launch of a new official meme token. The hypothetical new asset would battle it out with Official Trump (TRUMP) while the former partners split over disagreements on government spending. Pump.fun commented on the clash between Musk and Trump, suggesting the clash may rile up the trenches and…

A prominent legal expert has explained that the SEC vs. Ripple lawsuit is still relevant to a particular class of XRP investors. Despite the apparent wind-down of the U.S. Securities and Exchange Commission’s long-standing case against Ripple, Australian attorney Bill Morgan believes the matter still holds relevance for XRP investors, especially institutions. Are There Any More Legal Risks Around Trading XRP? His remarks came in response to a growing sentiment in the XRP community that the case is no longer significant. Notably, in the most recent update, Ripple and the SEC jointly asked the U.S. Court of Appeals for the…

The institutionalization of cryptocurrencies is accelerating rapidly. Crypto derivatives exchange Deribit’s on-demand liquidity tool, the Deribit Block Request-for-Quote (RFQ) interface, has registered a cumulative trading volume of over $23 billion in less than four months since its debut in early March. Deribit is a prominent derivatives exchange, offering the world’s largest options market for traders of bitcoin BTC$107,022.90, ether ETH$2,582.68, Solana SOL$153.57, and XRP XRP$2.24. It also offers futures and spot trading.The exchange introduced the block RFQ system in March, where participants (takers), typically institutions and high-volume traders, request pricing for a structure – a single instrument trade or a…

Analytics account on the X social media network, Lookonchain, has shared data about two recently awakened Ethereum wallets that had remained in hibernation for several years. Now that they are reactivated, they have begun selling their dormant ETH coins. Both these whales have sold a significant amount of Ethereum this week. Ethereum OG and ETH ICO whale return from dormancy Lookonchain has reported that this Ethereum OG continues to sell his ETH stash. Several hours ago, he sold first one ETH, as a test transfer, and then moved 500 ETH to be sold. This amount of Ethereum is worth an…