Author: NBTC

Two wallets accumulated over $9M in HYPE within 24 hours using coordinated spot orders. Both wallets funded spot accounts from Arbitrum and PERP before large HYPE buys. Despite large holdings, both wallets show slight unrealized losses from post-buy price shifts. A surge in high-value HYPE token transactions was recorded between June 8 and 9, 2025, with two crypto wallets, identified as 0xd83 and 0x9E8, executing purchases exceeding $9 million. On-chain records show a clear pattern of structured accumulation, involving pre-funded spot accounts and synchronized execution of large buy orders. Wallet address 0xd83CfF88A32fFbf3951f2b13e4A0A37103b3193D made a major acquisition on June 9, beginning…

The SEC’s move to halt proposed crypto ETFs that would allow staking likely won’t help or hurt other issuers’ efforts to unlock that feature for their own funds, industry watchers argue. Registration statements for the Rex-Osprey ETH Staking ETF and the Rex-Osprey SOL Staking ETF went effective on May 30 “without resolution of staff comments,” the SEC wrote in a letter that day. The funds were structured as C-corporations, Bloomberg Intelligence analyst James Seyffart pointed out in a series of X posts. This “unique structure” would allow the funds to bypass the 19b-4 process, which requires self-regulatory organizations to propose…

Hong Kong-based trading platform HashKey Group has announced the listing of XRP XRP$2.19 for professional investors.The company said in a tweet that spot XRP/USD markets are now live, although the trading pair notched just $4,000 in volume in the first hour after listing. HashKey Group is licensed by the Hong Kong Securities and Futures Commission (SFC) and targets institutional investors in Asia. The listing comes after XPR was selected as one of five assets to be included in included in the U.S. strategic crypto reserve. HashKey Group cited XRP’s resurgence in late 2024 as a catalyst for this cycle’s first…

LayerEdge integrates edgenOS and Edgen Chain to enable decentralized zk-proof validation across multiple blockchain ecosystems. Cosmos architecture allows LayerEdge to connect with 115+ IBC chains and bridge trust across networks natively. LayerEdge has finally joined the Cosmos ecosystem. But it’s not just about a new chain. They’re bringing a different approach—two tightly coupled systems: edgenOS and Edgen Chain. Imagine a zk-proofing system that could run on millions of laptops, phones, or desktops in people’s homes, and then have the results aggregated and locked into many large blockchain networks. That’s more or less how LayerEdge works. edgenOS acts as a coordination…

What is an economic node? To understand that, you need to first conceptually understand how a user interacts with the Bitcoin network in the first place. Bitcoin is a database, and a network to facilitate the updating and synchronization of updates to that database, used for the primary purpose of people transacting bitcoin (entries in the database). The primary concern of a user making use of Bitcoin for this purpose is the validity of the transactions sent to them, i.e. is the money they have received valid in the sense that when they go forward in the future to spend…

Ethereum price started a fresh increase from the $2,470 zone. ETH is now facing resistance near the $2,650 and $2,660 levels. Ethereum started a fresh increase above the $2,500 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,545 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a decent recovery wave from the $2,470 zone, beating Bitcoin. ETH…

In recent statements, FED Board Member Adriana Kugler said that inflation currently poses a greater risk than weak employment. Kugler stated that the impact of customs duties on prices has not yet been fully seen, and said, “Inflation will be the primary effect, other effects will emerge over time.” Kugler said that the inflation experience during the pandemic period still has an impact on expectations, and noted that inflation resulting from customs duties may not be a one-time effect. “My focus right now is inflation. Once the tariffs are fully in place, we can start talking about other impacts, but…

Meme coin trading on the Avalanche blockchain is heating up with multiple multi-million dollar runners launched on SocialFi app The Arena. In fact, the platform’s native token, ARENA, has soared 127% to $58.7 million over the weekend. The biggest winner is Lambo, a meme coin only just created on Saturday that’s jumped to a $25.24 million market cap. That’s almost half of the market cap of the platform it was launched on. But it has since retracted 25.3% to $18.84 million. Other notable runners include Magic Internet Money, which peaked at a $5.4 million market cap on Friday and has…

The U.S. Senate’s stablecoin bill is heading back into the final days of floor debate, and the crypto industry’s Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the debate. If the bill clears those potential obstacles and passes this week, it’ll mark the first time a major piece of crypto legislation has cleared the Senate. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is the Senate’s much-revised effort to regulate the issuers of stablecoins — the steady tokens generally based on the value of a U.S.…

Hey everyone! Get ready for some really significant news in the US crypto market. After facing some serious headwinds and temporary restrictions, Binance.US, one of the major players in the United States, has just made a crucial announcement that’s set to bring a sigh of relief to many users. Yes, you heard that right – Binance.US is officially resuming its U.S. dollar services! This means users can once again easily make USD deposits on Binance.US and subsequently use those funds to buy crypto on Binance.US, specifically through convenient bank transfers. Let’s dive into what this means for you and the…