Author: NBTC

Cryptocurrency analyst Simeon Koch described the US Securities and Exchange Commission’s (SEC) approval of Solana spot ETFs as a historic turning point for the altcoin market. Solana Spot ETF Comes with Staking Feature With the official announcement following the initial announcement by REX Shares, Solana (SOL) became the third cryptocurrency to receive spot ETF approval in the US after Bitcoin and Ethereum. However, what makes Solana special is that these ETFs also offer staking income. This new fund, called the REX-Osprey Solana and Staking ETF, offers investors access not only to SOL price movements, but also to on-chain rewards earned…

The world of digital assets is no stranger to legal challenges, and South Korea is often at the forefront of regulatory developments. A significant new chapter has just unfolded in a high-profile case involving the WEMIX token and its former steward. South Korean prosecutors have launched a crucial appeal against the acquittal of Henry Chang, the former CEO of gaming giant Wemade and current head of blockchain firm NEXUS. This development reignites scrutiny over alleged manipulation of the WEMIX token’s circulation volume, sending ripples through the Korean crypto landscape. What Sparked the WEMIX Token Controversy? At the heart of this…

Bitcoin is once again pushing toward its all-time high after a strong continuation from the recent breakout. After breaking past $100K, the price is now consolidating below the ATH level, hinting at either a pause before further upside or potential exhaustion as funding and sentiment heat up. By ShayanMarkets The Daily Chart On the daily timeframe, BTC has broken cleanly out of the descending channel and is now pressing into the $108K ATH resistance zone. The price is confidently trading above both the 100-day (orange) and 200-day (blue) moving averages, reflecting strong macro bullishness. The uptrend remains supported by higher…

ArtGis Finance, a DeFi entity and asset-management platform leveraging AI and blockchain technologies, has partnered with XPayFi, a cutting-edge DeFi platform, to bolster programmable finance by merging decentralized and conventional finance. The collaboration aims to expedite the adoption of advanced programmable finance and unlock unique possibilities regarding innovation in the real-world asset (RWA) sector. The platform disclosed this endeavor on its official X account. ArtGis Finance Forges Partnership with XPayFi to Bolster RWA Innovation The collaboration between ArtGis Finance and XPayFi denotes a milestone in boosting the growth of the emerging programmable finance ecosystem. In addition to this, the respective…

The cryptocurrency world is abuzz with news of a monumental trade that could send ripples across the market. Imagine placing a bet worth $140 million on the future direction of one of the largest digital assets. That’s precisely what a prominent entity, AguilaTrades, has done, initiating a massive Ethereum short position. This isn’t just any trade; it’s a high-stakes move, leveraging a staggering amount of capital and potentially signaling a significant shift in market sentiment. What Just Happened with AguilaTrades’ Massive ETH Leverage Bet? In a move that has captured the attention of traders and analysts alike, AguilaTrades, a notable…

Labour member of parliament Pat McFadden said the UK should consider banning crypto political donations, citing concerns of illicit or foreign money funding campaigns. The call comes two months after Nigel Farage announced that his Reform UK party would become the first British party to accept donations in crypto. Ian Taylor, board advisor for digital asset advocacy group Crypto UK, told Decrypt that McFadden’s comments were “absolutely” a political move made to stunt Reform UK’s growing popularity. “If we want to clean up politics, we must root out the dark money, hidden money, and foreign money,” McFadden, who is the…

According to on-chain data analysts’ tracking, James Wynn, one of the well-known whales of the crypto market, has added to his Bitcoin (BTC) long positions again, bringing the total position value above $700 million. Wynn recently claimed to have earned $46 million from his Bitcoin positions to date. Here is Wynn’s current data from his last position: Position type: BTC/USD LONG Leverage: 40X (Cross) Total position: 7903.02 BTC (~$860.3 million) Unrealized profit: $8,248,466.99 Unrealized loss: -$1,390,093.14 However, let’s add that leveraged transactions are very risky, especially when done on decentralized cryptocurrency exchanges and with cryptocurrencies that are inherently highly volatile.…

According to data from DeFiLlama, the total value locked (TVL) in decentralized finance (DeFi) protocols has surged to its highest point since May 2022. This marks a major turning point for the sector, reflecting growing investor confidence, rising adoption, and a renewed appetite for on-chain financial services. It also potentially indicates a major bullish cycle for the market. DeFi TVL Jumps 57% Since April Low to $137 Billion As of press time, DeFiLlama data shows that DeFi protocols hold over $138 billion in total value locked (TVL). This represents a 57% increase from the April low of $87 billion. This…

After nearly a year in the shadow of memecoins and rival blockchains, Ethereum (ETH) is regaining momentum. Rising nearly 50% in the last 60 days, analysts say it still has growth potential. Mateusz Kara, CEO of crypto payment company Ari10, stated that the recent rise in the Ethereum chart is due to investors pricing in this growth in advance, adding, “Ethereum reaching $7,000 no longer seems unreal.” Ethereum traded at $3,600 today. Ethereum’s rise comes amid a general rally, with the crypto market cap surpassing $4 trillion for the first time. As the second-largest crypto asset after Bitcoin, Ethereum has…

The first U.S.-based Solana staking exchange-traded fund (ETF) will begin trading tomorrow. According to Presto Research, the launch will serve as a “litmus test” to gauge institutional investors’ interest in altcoin ETFs and staking. Market reaction to the Solana ETF will reveal whether the underperformance of U.S.-listed Ethereum ETFs is due to Ethereum-specific problems or a lack of interest in altcoin ETFs in general, Presto Research analysts Peter Chung and Min Jung wrote in a note today. “Strong interest in the Solana ETF could indicate that the challenges experienced by Ethereum ETFs are chain-specific and the investment thesis is not…