Author: NBTC

Key Takeaways Ethereum rebounded over 35% since Eric Trump’s bullish call, surpassing $3,700 from an April low. Institutional demand and ETF approval expectations fueled ETH’s recent surge. After catching heat earlier this year for bull-posting Ethereum ahead of a sharp decline, Eric Trump finally enjoys a turnaround as the coin bounces back nearly 35% from his promo high. Ethereum’s green candles prompted the US president’s son to celebrate. On Monday, Eric posted the iconic “Mic Drop” minion GIF from Despicable Me as he reshared his February post declaring, “It’s a great time to add $ETH.” https://t.co/MaEelzwY2m pic.twitter.com/YJUZ77qFKm — Eric Trump…

U.S. stocks traded slightly higher on Wednesday as investors digested strong earnings results from major banks and the latest producer price index data. The Dow Jones Industrial Average and S&P 500 were up 140 points and 0.16% respectively, while Nasdaq Composite hovered at the flatline with 0.04%. Slight upticks in the blue-chip and benchmark indices came as investors assessed earnings reports from top banks, including Bank of America, JPMorgan, Morgan Stanley, and Goldman Sachs. Bank of America’s second-quarter report showed revenue of $26.5 billion and adjusted earnings per share of $0.89, beating expectations of $0.85. Stocks,crypto up amid latest U.S.…

Bit Origin Ltd (NASDAQ: BTOG), a U.S.-based cryptocurrency mining company, has announced agreements with accredited investors to raise up to $500 million. The funding includes up to $400 million in Class A ordinary shares and up to $100 million in convertible debt. The company will use the funds to start a new strategy focused on accumulating Dogecoin (Doge) as a core asset. Bit Origin is the first publicly listed company on a major U.S. exchange to adopt Dogecoin as part of its treasury. It expects to become one of the largest public holders of Dogecoin and aims to increase the…

The world of cryptocurrency, often seen as a realm of innovation and rapid growth, is unfortunately no stranger to controversy and legal battles. Yet, few incidents have captured the public’s attention with such raw intensity as the recent development involving Haru Invest. A shocking turn of events saw a man receive a five-year prison sentence for a brazen act of violence against the CEO of a crypto firm, committed not in a dark alley, but within the confines of a South Korean courtroom during a trial. This isn’t just a headline; it’s a stark reminder of the high stakes and…

In the fast-paced world of cryptocurrency, staying informed about exchange announcements and network developments is absolutely crucial for every investor and trader. A significant update recently emerged from South Korea’s major crypto exchange, Bithumb, concerning the popular Aptos (APT) token. This announcement, directly related to an upcoming Aptos network upgrade, signals a temporary but important change for users. Let’s delve into the details of this development, understand its implications, and explore why such measures are essential for the health and security of the broader crypto ecosystem. What is the Aptos Network Upgrade and Why Does it Matter? Before we dive…

Bitcoin has reached a new milestone with its realized capitalization crossing the $1 trillion mark for the first time, according to on-chain analytics firm Glassnode. The surge comes just a few days after BTC’s spot price hit a fresh all-time high above $123,000, underlining the intensity of recent investor demand. Unlike traditional market capitalization, realized cap measures the value of Bitcoin based on the price each coin last moved on-chain. This approach offers a clearer picture of actual capital stored in the network and is widely regarded as a more accurate indicator of investor conviction. James Check, an on-chain analyst…

Blazpay, an advanced decentralized finance (DeFi) infrastructure provider, has partnered with OnlyLayer, a next-gen L2 solution that utilizes dual rollups to increase Ethereum scalability. The key objective of the collaboration is to provide a high-speed and seamless DeFi experience with ultra-efficient infrastructure to bolster interactive quests, user rewards, and token swaps. The platform took to its official X account to share the details of this development. We’re excited to announce our partnership with @onlylayer – a Layer 2 powerhouse redefining Ethereum scalability with dual rollups. 🤝Together, Blazpay x OnlyLayer are unlocking seamless, high-speed DeFi -where swaps, quests, and rewards meet…

Ethereum (ETH) price is making headlines again as it smashes through resistance levels with explosive momentum. The current price action shows ETH hovering around $3,731 with aggressive bullish sentiment across the board. With the Relative Strength Index (RSI) deep in the overbought zone and candles closing higher on the Heikin Ashi chart, the question now is—can Ethereum price break $4,000 this week, or is a correction on the horizon? Let’s dive deep into the chart to uncover what’s next. Ethereum Price Prediction: Why is ETH Price Surging Today? ETH/USD Daily Chart- TradingView Ethereum’s breakout is backed by strong bullish structure…

Caldera’s native token ERA staged a strong rally after securing listings on multiple exchanges, including Binance and Coinbase. According to data from crypto.news, Caldera (ERA) shot up 121% to reach an intraday high of $1.88 on Friday, July 18, pushing its market capitalization to approximately $278 million. The token rallied amid investor optimism after it secured listings on Binance, Coinbase, and Upbit. Binance remains the world’s largest cryptocurrency exchange by volume, Coinbase leads the market in the United States, and Upbit holds the top spot in South Korea. Bybit, KuCoin, Gate, MEXC, Bitget, and Bithumb are some other premier exchanges…

A race is on to influence Washington’s artificial intelligence policies as the industry continues to grow and the new administration encourages embracing the technology in the US. According to an analysis of federal disclosures by the Financial Times, more than 500 organizations have actively lobbied the US Congress and the White House on artificial intelligence policy since the beginning of the year. That number is consistent with the first half of 2024, but it is a twofold increase from similar interests in 2023, when about 566 organizations lobbied on AI-related issues. The lobbying is happening as AI stakes heighten The…