Author: NBTC

The massive surge in the Bitcoin price since April 2026 is still viewed as part of a broader bear market phase, according to on-chain analytics platform CryptoQuant. While some market experts believe the rebound could signal a new bull run, CryptoQuant’s unrealized profit data show the numbers are nowhere near bull-market levels. Notably, as $BTC’s value increases, rising selling pressure could threaten the cryptocurrency’s ongoing rally, potentially triggering a price breakdown. Profit-Taking Hits Three-Month Highs After Bitcoin Price Surge Bitcoin’s rally to $82,000 on May 6 came as a shock to the broader digital asset market, as that was the…

For years, DeFi’s growth strategy was to pull users on-chain, and the next institutional wave is testing where users may never know they’re touching DeFi at all. Matt Fisher, CEO of Katana, shared with CryptoSlate how the front end owns the user. If a credit card, a fintech app, or an exchange routes deposits into Morpho or another lending protocol, the customer remembers the card. The credibility problem underneath the optimism Fortune reported that Morpho closed a $175 million raise on June 9, backed by Paradigm, a16z crypto, Ribbit Capital, VanEck, Apollo Global Management, and Circle Ventures, among others spanning…

One of the notable developments in the cryptocurrency market was the sharp price movement in the Spark ($SPK) token and the statements made by prominent figures. F2Pool co-founder Wang Chun stated that he regretted selling 83.7 million $SPK tokens last year. Wang Chun stated today, “Last year I sold 83.7 million $SPK tokens, and now I regret it a little.” Shortly after this statement, Upbit, one of South Korea’s leading cryptocurrency exchanges, announced that it had listed the $SPK token. Later in the day, the Spark team reported that the total staked $SPK tokens had exceeded 500 million. Related News…

In brief Sens. Rubén Gallego (D-AZ) and Cynthia Lummis (R-WY)—the leaders of the Senate Banking Subcommittee on Digital Assets—have introduced a resolution opposing any presidential pardon or commutation for Sam Bankman-Fried. The non-binding measure casts the FTX founder as an unrepentant fraudster and rejects his claim that the prosecution was political persecution. It follows SBF’s formal pardon petition this month and comes despite President Trump ruling out clemency. A bipartisan pair of senators is moving to put Congress on record against any clemency for Sam Bankman-Fried, as the imprisoned FTX founder presses a long-shot bid for a presidential pardon. On…

Upbit, one of South Korea’s largest cryptocurrency exchanges, continues to expand its trading options. According to an official statement from the exchange, the following tokens will be listed on the BTC and $USDT trading markets: PEAQ, Litentry (LIT), Kamino Finance (KMNO), Morpho ($MORPHO), Gram ($GRAM), Lido DAO ($LDO), Pax Gold ($PAXG), Osmosis (OSMO), and Amp ($AMP). According to the announcement, trading for these assets will begin on June 19th at 3:00 PM. With the new listings, users will be able to buy and sell the relevant tokens using Bitcoin and Tether ($USDT) trading pairs. The listed projects include notable names…

Following a period of speculation-driven surges, bitcoin ($BTC) appears to be rallying due to spot demand. Within a short time, spot demand metrics have shifted from contraction to growth. This development comes as the crypto market digests U.S. economic data. According to the latest Bitfinex Alpha report, the ongoing bitcoin breakout reflects a widening gap between historical information about the U.S. economy and rapidly deteriorating sentiment evident in consumer data. This macro dynamic is significantly affecting risk assets like $BTC and driving their prices higher. $BTC Sees Structural Improvement Since the beginning of April, the crypto market capitalization has risen…

Bitcoin lending platform Ledn has expanded its services to include Tether Gold ($XAUt), allowing investors to hold the tokenized asset and borrow against it in much the same way they can borrow against Bitcoin. Ledn announced Thursday that clients can use $XAUt as collateral for loans instead of selling their holdings for cash. Under the company’s existing lending model, client collateral is held one-to-one and is not rehypothecated, lent out or used to generate yield. Loans are issued and repaid in Tether’s USDT or USAt stablecoins and can be repaid at any time without scheduled monthly payments. Tether launched USAt…

Tether has reduced its Bitdeer holdings by 627,000 shares after selling stock worth about $12.7 million, while retaining a 19.7% stake in the Bitcoin mining and AI infrastructure company. According to TheEnergyMag, the USDT issuer sold the shares on June 3 and 4 at roughly $20 per share. Following the transaction, Tether still owns 37.7 million Class A shares in Bitdeer, keeping its position as one of the company’s largest shareholders. Tether first invested in Bitdeer in May 2024, when it agreed to provide up to $150 million through a private placement. The deal made the stablecoin issuer one of…

Cryptocurrency analytics company Santiment has shared the most prominent projects based on developer activity over the past 30 days. Based on daily notable development activity on GitHub, the list revealed which projects within the ecosystem are experiencing the most intense technical progress. According to the data, MetaMask’s stablecoin project topped the list in terms of developer interest, followed by Hedera and Chainlink. Santiment has shared the following developer activity rankings and scores for the last 30 days: MetaMask USD (mUSD) – 911.13 Hedera (HBAR) – 218.43 Chainlink (LINK) – 212.3 Internet Computer ($ICP) – 209.93 Ethereum (ETH) – 144.5 DeepBook…

The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond Japan, and most of the coverage is getting the details wrong. On June 11, 2026, the lower house of Japan’s parliament passed a bill that begins one of the most consequential regulatory shifts in the country’s crypto history. The legislation reclassifies cryptocurrency from its current home under the Payment Services Act into the Financial Instruments and Exchange Act, the statute that governs stocks and bonds, and it sits alongside a closely linked tax proposal that…