Author: NBTC

Iran has turned to cryptocurrency mining and trading since 2019, as its local currency has been devalued due to years of harsh international sanctions and high inflation. But experts say it is still nearly impossible to give an accurate estimate of how much Bitcoin (BTC) the country has mined. According to data from the University of Cambridge’s Centre for Alternative Finance in March 2021, Iran accounted for 7.5% of the global Bitcoin mining hashrate. This fell to just 0.12% in January 2022. Andrew Scott Easton, CEO of Bitcoin mining investment firm Masterminded, estimates that Iran has historically mined around 60,000…

Cryptocurrencies are expected to experience significant fluctuations throughout June, as several major economic reports are scheduled to be issued during this period. These include the Employment Situation Report, CPI data, FOMC meeting, and more. Key Dates to Watch in June 🗓️• Jun 6 — Employment Situation Report• Jun 11 — CPI Data Release• Jun 12 — PPI Data Release• Jun 17 — FOMC Meeting• Jun 17 — U.S. Import and Export Price IndexesWhich dates are you watching? — CoinGecko (@coingecko) June 3, 2025 Key June Economic Reports to Shape the Crypto Market The U.S. labor market will be revealed through…

Just a day after the world’s largest asset manager, BlackRock, stunned the crypto community with a massive Ethereum sell-off attempt involving 8,172 ETH, the investment firm is back at it again with a new ETH buy, according to the latest update from data analytics platform Lookonchain. According to the data provider, BlackRock withdrew a total of 11,185 ETH from Coinbase Prime in less than an hour. The purchase, which happened in two separate transactions, was worth about $27.2M per ETH’s price at the time of purchase. The first-ever sell-off since BlackRock embarked on its deliberate decision to continuously acquire ETH…

The Fed is expected to resume the interest rate cuts it paused in order to ignite a new rally in Bitcoin (BTC) and altcoins. However, despite the positive economic data, the FED has kept interest rates constant since January due to the uncertainty created by the tariffs. While the Fed is determined to keep interest rates steady until it provides more clarity, US President Donald Trump frequently pressures the Fed and Chairman Jerome Powell to lower interest rates. Trump even wants Powell to resign from his position as FED chairman. At this point, Trump called on the FED to cut…

Hasbulla, the viral internet sensation, has launched his crypto token called $BULLA on the BNB Chain. The demand is massive, pulling in over $7 million in under six hours. But while the numbers sound impressive, experts are waving red flags. With a history of failed NFT projects and shady pump-and-dump tactics linked to him, many believe this could be another risky bet. Even though the token raised a huge amount, mostly in BNB and some in a Trump-backed stablecoin called USD1, experts believe much of the money isn’t real. A blockchain detective revealed that a large portion of the funds…

The Trump administration is considering a series of executive orders aimed at expanding the infrastructure necessary to support the growth of artificial intelligence, according to a report by Reuters on Friday. The proposed actions, still unconfirmed by the White House, reportedly include measures to ease access to the power grid, streamline permitting processes, and open federal land for the construction of large-scale data centers. Reuters, citing sources familiar with internal discussions, reported that one proposal would prioritize existing energy projects for faster grid connection. Another would allow the use of land managed by the Department of the Interior, potentially bypassing…

The Singapore High Court has rescheduled WazirX’s next hearing in case HC/SUM 940/2025 to July 15, 2025, at 7:30 AM IST, with a reserve date of July 16. This follows the court’s recent approval allowing WazirX to present further arguments regarding its restructuring plans. Originally set for July 10-11, the date change was confirmed by WazirX in a recent post on X, offering a small yet significant update to thousands of affected users awaiting clarity. 📢 Update on Proposed Scheme of ArrangementThe Singapore Court has scheduled the hearing for further arguments in HC/SUM 940/2025 on 15 July 2025 at 7:30…

After recovering from lows below $2,250, Ethereum price today is hovering near $2,445. The bounce has pushed ETH back into a heavy supply zone, but indicators suggest that bullish momentum is stalling just beneath the $2,505 resistance. With the broader crypto market stabilizing, Ethereum is now facing a critical test as it consolidates near short-term trendline resistance. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Ethereum price action shows a rising wedge structure on the lower timeframes, with the current consolidation forming just below the $2,465–$2,505 resistance band. On the 4-hour chart, ETH is trading just above the…

The pseudonymous SHIB marketing lead, known to the community as Lucie, has addressed the SHIB army with an important message about the current state of the cryptocurrency market. She stressed that despite turmoil and fear, the community is now going through a unique period full of hidden opportunities. “Markets in meltdown. Fear everywhere” Lucie published an animated SHIB-themed GIF generated by AI, which features the symbols of all four official tokens of Shibarium and the Shiba Inu ecosystem: SHIB, BONE, LEASH, and TREAT. The latter, TREAT, is to power the layer-3 solution Shiba Alpha Layer built on top of Shibarium,…

Bitcoin-focused investment firm Strategy (formerly MicroStrategy) is facing at least five separate class-action lawsuits over $6 billion in unrealized Bitcoin losses, alleging the company made misleading statements to investors about the risks and profitability of Bitcoin. The initial lawsuit was filed by Pomerantz LLP on May 16. However, four other law firms — Gross Law Firm, Bronstein Gewirtz & Grossman, Kessler Topaz Meltzer & Check and Levi & Korsinsky — have opted to file separate lawsuits with similar content rather than join the lawsuit. That’s not unusual, legal experts say. “In class-action securities litigation, law firms compete for the lead…