Author: NBTC

As bitcoin $BTC$61,486.75 fell below $59,100 on Wednesday, the number held at a loss rose to a record 10.83 million $BTC, data from Glassnode shows. The largest cryptocurrency has tested the $60,000 level repeatedly since February, briefly falling below it several times. Four months ago, the supply in loss peaked at 9.8 million $BTC. It climbed to 10.78 million in early June. Looking at previous bear market bottoms, around 10.5 million $BTC in loss is broadly consistent with the levels seen near cycle lows in 2019, 2020 and 2022. Breaking this down further, 5.58 million $BTC are held at a…

The question of $XRP staking found its way into a discussion on X, of which Ripple CTO Emeritus David Schwartz was a part. An X user referred to a 2025 X discussion stemming from a clip from the $XRP Apex 2025 event in which Ripple CTO Emeritus responded to a question on a hypothetical protocol incentive model that could work with the XRPL and asked: “When/Can we stake our $XRP on the XRPL and earn yield from transaction fees on the network?” Schwartz answered this with an analogy: “Do you want to be your own bank or do you want…

Bitcoin has fallen below the $60,000 level before recovering to around $61,000, although several macroeconomic and market pressures have kept traders cautious about the flagship cryptocurrency’s next move. According to market data, Bitcoin briefly dropped to as low as $59,060 before rebounding above $60,800 over the past 24 hours. The decline retested the same support area near $59,000 that helped spark Bitcoin’s rebound earlier this month. Despite the bounce, sentiment has remained fragile as traders weigh corporate financing developments, ETF outflows, and upcoming US economic data. Strategy financing, ETF outflows add pressure to Bitcoin Strategy shares came under pressure after…

One of Shiba Inu’s early investors has made significant $SHIB sales in the past month. The giant investor, who in 2020 purchased 103 trillion $SHIB for only 37.8 ETH, or approximately $13,700 at the time, and held 17.4% of the total supply, has gradually sold 3.8 trillion $SHIB over the past month. The current value of these sales is estimated at approximately $20.73 million. The price of Shiba Inu dogs, however, has decreased by 14.5% during the same period. Related News A Major Update Has Been Announced for a Binance-Listed Altcoin The 103 trillion Shiba Inu purchased by the whale…

Tesla sold the dream of Full Self-Driving to Chinese consumers for as much as RMB 64,000 per vehicle. Years later, those buyers are still waiting for the car to actually drive itself. Ten Tesla owners in China have filed a lawsuit in Beijing’s Daxing District People’s Court, alleging deceptive advertising and consumer fraud tied to the company’s Full Self-Driving package. The plaintiffs purchased FSD between 2019 and 2021, paying between RMB 56,000 and RMB 64,000 (roughly $7,800 to $8,900) based on what they say were promises from Tesla and its sales staff that fully autonomous driving was right around the…

The 2026 market appears to be different from previous years. This, because the behavior of long-term Bitcoin [$BTC] holders (LTHs) has been significantly different from that of the 2024 ETF-driven rally. Back then, a lot of them took advantage of the spike in demand and rising prices to profit and sell their coins. However, with the price of Bitcoin falling, these same holders are now buying instead of selling. Source: Bitfinex/X 2026: A different year for long-term $BTC holders The fact that a record 83% of Bitcoin’s supply is currently held by long-term holders suggests that more Bitcoin is entering…

General Updates Neo Core released Neo-CLI v3.10.0, laying the groundwork for the upcoming Gorgon hard fork, alongside new developer tools, wallet enhancements, and an official Docker image for simplified node deployment. The update will mark a significant step toward readiness for the C# reference node, which must complete its dynamic opcode pricing implementation before the fork can proceed. The release was published on June 11, deployed to the T5 TestNet on June 12, and is planned for MainNet on June 26. Neo Global Development launched a “Rock Paper Scissors” game on the Neo X sidechain, allowing users to experience Neo’s…

A Rare Signal From the Mining Trenches The latest reading blends several miner-health indicators, including profitability and revenue gauges, into a single measure of how much pressure the network’s block producers are under. On the subject, prominent crypto analyst Wu Blockchain noted: “The Miner Cycle Stress Composite has fallen to a new 2026 low and entered its ‘undervalued’ range. Similar synchronized declines previously appeared near major Bitcoin bottoms in 2015, 2018, 2020.” Bitcoin Miner Stress has reached a historically low level. The individual components tell the same story. The Puell Multiple, a metric that compares daily miner revenue to its…

Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade below $59,000, claiming over $1.6 billion in long leverage is stacked in one zone around $58,000 based on CoinGlass data. “In all my years trading, I’ve never seen this much long-side liquidity stacked in one single zone,” they said on Wednesday. That liquidation zone is not far away, as Bitcoin fell to $59,175 on Wednesday, matching its early June low. Everyone will get liquidated The analyst continued to warn that “Every influencer who screamed ‘the bottom is already in’ is about to get liquidated.” They attached a liquidity heatmap video that…

Neo SPCC released NeoGo v0.120.0 “Amortization” on June 15 as an urgent update patching multiple security vulnerabilities while also delivering VM performance improvements. The release is fully compatible with Neo-CLI v3.10.0, which was recently deployed to MainNet. No blockchain resynchronization is required to upgrade. Neo SPCC characterized the release as urgent, stating that it “fixes a set of vulnerabilities that may affect the process of node functioning.” Security hardening across RPC, Oracle, and VM The release addresses five vulnerability patches spanning several components of the node stack. Most were ported from fixes already applied to the C# reference node, reflecting…