Author: NBTC

Bitcoin’s (BTC) recent momentum could lead to gains of over 50%, following the confirmation of a bullish golden cross technical formation. According to an analysis by TradingShot, the golden cross emerged as Bitcoin formed the fourth bullish leg within a long-term “channel up” pattern that began after the November 2022 bottom. In a May 28 post on X, the analyst pointed out that this channel has reliably guided Bitcoin’s price through multiple consolidation phases, often around the 0.5 Fibonacci retracement level, before each breakout. A golden cross typically occurs when the 50-day moving average (MA) crosses above the 200-day (MA).…

Welcome to CoinDesk’s weekly macro column, where analyst Omkar Godbole writes about his macro observations and analysis in the broader markets. The views expressed in this column aren’t investment advice.A major currency pair, which is barely considered volatile, is now rivaling notoriously explosive bitcoin’s price performance—unimaginable, right? Not anymore. In June, EUR/USD, the most liquid FX pair in the world, rose nearly 4% to 1.1786, outperforming bitcoin’s 2.4% gain. Remarkably, both assets are nearly neck and neck in year-to-date performance, each up over 13%.Some observers believe EUR/USD still has room to run higher, a positive sign for EUR-pegged stablecoins, which…

Moo Deng (MOODENG), a Solana-based meme coin, has emerged as the frontrunner in the cryptocurrency market’s latest rally, outperforming the top 1000 cryptocurrencies over the past day. Its daily trading volume has soared past $1 billion. The meme coin has also experienced a remarkable price increase. Over the past week, its value has skyrocketed by triple digits. Solana’s MOODENG Leads the Crypto Rally MOODENG, capitalizing on the viral appeal of a baby pygmy hippo, surged substantially after its launch in September 2024. The internet hype propelled its market capitalization over $100 million just weeks after its launch. However, after peaking…

While institutional interest in altcoins other than Bitcoin (BTC) and Ethereum (ETH) has increased, XRP has become one of these altcoins. At this point, while many companies announced that they would add XRP to their treasury reserves, another move came from the Brazilian cryptocurrency exchange Mercado Bitcoin. Mercado has announced a plan to tokenize real-world assets (RWA) such as Bitcoin, stocks, and bonds, Coindesk reported. Accordingly, Mercado Bitcoin, as the largest crypto platform in Latin America, has chosen XRP Ledger among many alternatives in its digitalization journey. Mercado Bitcoin has announced plans to tokenize an additional $200 million worth of…

Head of Funstrats Tom Lee has published a post on the X social media network, where he shared an ultra-bullish Bitcoin price prediction, hinting that he expects the world’s bellwether crypto’s price to reach a so-called “banana zone” at the end of this cycle. Bitcoin to enter “banana zone” Lee shared a tweet issued by Julien Bittel, the head of macro research at Global Macro Investor. Bittel’s X post features an infographic, showing four Bitcoin cycles which began in 2011. The first three already finished, each of them reaching a “banana zone.” Each of those cycles included two correction phases.…

Neo is among several blockchain projects participating in Binance’s #BinanceTurns8 campaign, a multi-phase event commemorating the exchange’s eighth anniversary. The celebration spans from July 1 through July 15, 2025, and includes interactive activities with more than US $2.8 million in total rewards. Binance and Neo share a longstanding relationship. Binance announced its exchange at the AntShares to Neo rebrand event in 2017, and NEO was one of the first assets listed on the platform. Binance also holds a seat on the Neo Council. The inclusion of Neo in this anniversary campaign underscores the early role it played in the exchange’s…

SBI Holdings, one of Japan’s largest financial services groups, has indicated that it will only recognize the valuation of its Ripple shares once the firm goes public or receives an equivalent formal valuation. As revealed by XRP community figure Eri, the disclosure came as part of SBI’s annual financial report for the year ended March 31, 2025, where the company detailed its crypto asset business ambitions and hinted at explosive growth potential tied to its longstanding investment in Ripple. SBI Reports Stellar Financial Year The report confirmed that SBI had a stellar year, with revenue surging 19.3% year-on-year to ¥1.44…

Rango Exchange, a cross-chain decentralized exchange (DEX), has announced its latest collaboration with Partner Hub of zkSyc, an L2 scaling solution developed on the Ethereum ecosystem. The partnership aims to fortify its commitment to unparalleled blockchain connectivity as well as advanced DeFi infrastructure. The platform revealed this initiative in a social media post shared on its official X account. 🚀 Rango Now Live on zkSync’s Partner Hub! 🚀We’re officially listed on @zksync! 🎉From day one, Rango has helped onboard users & liquidity from 70+ chains into #zkSync, making #crosschain access smooth and seamless!🌍🔁We stay aligned with zkSync’s latest tech upgrades…

BlackRock’s Bitcoin ETF hits $71B, becoming the best-performing ETF in history. MicroStrategy’s BTC stash grows to 580,250 coins, doubling down on corporate crypto. JPMorgan and Morgan Stanley now offer Bitcoin ETFs to their clients. Bitcoin has truly come a long way from being a fringe experiment in its early days to now commanding center stage within the global finance arena. To this point, over the last couple of years itself, it seems as though every Wall Street titan has quietly become a Bitcoin holder with BlackRock’s iShares Bitcoin Trust (IBIT), for instance, swelling to about $71 billion in assets (as of…

A highly leveraged trader on Hyperliquid, Qwatio, found himself facing 8 consecutive liquidations after betting against the market rally. This happened as the cryptocurrency market surged by 1.78% over the past 24 hours, fueled by a US-Vietnam trade deal. As Bitcoin (BTC) and Ethereum (ETH) rallied, Qwatio’s shorts took a hit, marking a rough day for his strategy. Hyperliquid Trader Hit with Liquidations Amid Market Surge According to the latest data from BeInCrypto, the market turned green following a rally sparked by eased tariffs on Vietnamese exports. Bitcoin rose 2.5%, reaching $108,766 at press time. Ethereum saw an even bigger…