Author: NBTC

The U.S. economy has had its first contraction since 2022, revised official statistics revealed on Thursday, as the economy shrank by an annualized 0.2% during the first quarter of 2025. If this sounds like déjà vu, it’s because the U.S. reported initial data at the end of April and published its final and revised report Thursday morning. Since the economic slowdown isn’t entirely a surprise, the response from the cryptocurrency market has largely been muted. At the time of writing, Bitcoin is trading flat, Ethereum bucked the trend by climbing 1.1%, and XRP dropped just 0.4% in the past day.…

As the crypto market returns to a decent rally, Solana whales are pulling big moves. A large crypto transaction involving 661,113 SOL was spotted by blockchain tracking platform, Whale Alert, on June 3rd. The massive transfer, which was executed in a single transaction, was sent from an unknown wallet to an unidentified destination, sparking concerns among the crypto community. Crypto holders are more curious about the reason behind such an unusual transaction. According to the data provided by the tracker, the mysterious large Solana transaction was worth a massive $106,313,218 per SOL’s price at the time it happened. Following the…

Ethereum token platform Zora has sued Deloitte to stop it from using the “Zora AI” name for its digital workforce AI platform, claiming trademark infringement. The company also filed a restraining order, which has yet to be granted, that would bar Deloitte from using “Zora,” “Zora AI,” or the Zora.ai domain until the conclusion of the lawsuit. The token launchpad is seeking actual and punitive damages, and for Deloitte to cover its attorney fees. It also wants Deloitte to transfer the Zora.ai domain. Zora gained steam during the NFT bull run of 2021-22, raising $50 million in funding in 2022…

Mira is excited to announce a strategic partnership with GoPlus Security to increase the accuracy and reliability of AI-generated responses within the Web3 context. This partnership is expected to increase the credibility of chatbot answers, particularly when users request information about security of the tokens and decentralized applications (dApps). We’re excited to partner with @GoPlusSecurity! 🤝Mira now powers their web chatbot, turning security data into clear answers. You can ask things like “Is this token safe?”.Our verification layer ensures the responses are accurate and reliable.See how it works👇 pic.twitter.com/x0NauDrpKY — Mira (@Mira_Network) June 13, 2025 GoPlus Security made a name…

After reclaiming the $105,000 level in early June, Bitcoin price today is showing signs of short-term hesitation. The broader market remains cautious, with Bitcoin price hovering around the mid-$105,000s as traders assess resistance just under $106,000. While bullish momentum remains intact on higher timeframes, key indicators hint at consolidation risks heading into June 10. What’s Happening With Bitcoin’s Price? BTCUSD price dynamics (Source: TradingView) The Bitcoin price action has seen a decisive rebound from the $102,000 region, recovering over 3% in just two sessions. This move followed a bounce from the confluence of dynamic support around the 100-EMA and horizontal…

Ethereum price today is holding near $2,755 after a volatile session on June 12, where bulls briefly reclaimed the $2,800 level before fading slightly into consolidation. While short-term momentum has cooled, the broader trend structure remains bullish as price holds above key moving averages and reclaims important breakout levels from earlier this month. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) The 4-hour chart shows that Ethereum price action has successfully broken out of a multi-week descending wedge and is now consolidating above the $2,700 demand block. This zone, previously a key resistance, has flipped into support after…

U.S.-listed spot crypto exchange-traded funds (ETFs) saw strong net inflows Wednesday, with both ether ETH$2,665.63 and bitcoin BTC$107,565.82 products continuing to draw investor interest despite declines in underlying asset prices, investment bank JPMorgan (JPM) said. U.S. spot ether ETFs logged an estimated $84 million in net inflows on May 28, as investor interest held firm even with ether falling 1.3%, the bank said in a report published on Thursday. Leading the pack was BlackRock’s iShares Ethereum Trust (ETHA), which brought in $52 million, followed by Fidelity’s Ethereum Fund (FETH) with $26 million. Grayscale’s mini ETH Trust and Invesco/Galaxy’s QETH added…

Trump-linked decentralized finance project World Liberty Financial is distributing 47 USD1 stablecoins to wallet addresses that participated in its presale. The airdrop was first flagged by blockchain analytics firm Lookonchain in a June 4 post on X, which noted that wallets involved in the WLFI token sale received 47 units of USD1. Several WLFI token holders on X have confirmed receiving the airdrop, which was conducted on the Ethereum (ETH) blockchain. Looks like Trump’s World Liberty (@worldlibertyfi) is airdropping 47 $USD1 to every wallet that participated in the $WLFI sale.https://t.co/kbyhK9usHQ pic.twitter.com/YT8Y7IpfpU — Lookonchain (@lookonchain) June 4, 2025 The number 47…

EU officials are growing concerned that Malta is developing a lax reputation for MiCA licensing, attracting crypto firms to the island. Nonetheless, Germany still leads the EU in MiCA license applications. There are no specific allegations that the country is flouting the law, but officials worry about possible negligence. Still, the EU needs to remain an attractive destination or risk getting abandoned by the crypto industry. Is Malta a Paradise for MiCA Compliance? MiCA, the European Union’s landmark piece of crypto regulation, has already caused dramatic shifts to the continent’s crypto ecosystem. For example, major industry players like Tether exit…

pGpu, a decentralized platform where people can acquire node and GPU resources, has announced a strategic collaboration with OpenPad AI, an investment network that utilizes decentralized AI to provide> 🚀 OpGPU x @Openpad_io | Unlocking Decentralized AI Investment & Computing Power 🚀We are excited to announce our strategic partnership with OpenPad AI, a trailblazer in decentralized AI analytics and collaborative intelligence for Web3 investments. Together, OpGPU and OpenPad… pic.twitter.com/2pXHJ33diS — OpGPU (@Op_GPU) June 14, 2025 OpenPad AI leverages OpGPU power The core of this collaboration lies in the integration of the two platform’s infrastructures. As per this alliance, OpGPU will…