Author: NBTC

Bitcoin reclaimed the high-timeframe range at $66K. $BTC repeats the setup seen before the 2015, 2019, and 2022 rallies. As of July 21, the Bitcoin ($BTC) price is trading at $66,286, breaking above and reclaiming the high-timeframe support range at $66K. It was a level the market has been watching for weeks. Moreover, last month, the largest asset corrected to $58,000 and triggered a precise technical trifecta that has historically marked major cycle bottoms. Monthly RSI dropped below 43.65. The Chande Momentum Oscillator dropped to -71. Also, Bitcoin tested its 50-month moving average, the same three-signal cluster that appeared at…

BitMine Immersion Technologies has amassed a staked $ETH position equivalent to almost 12% of Ethereum’s active stake, without disclosing who controls the validators behind it. The company reported 5.07 million $ETH staked as of Sept. 7, representing about 85% of its 5.93 million $ETH holdings and worth roughly $12.6 billion at prices used in its latest filing. Using the roughly 43.03 million $ETH actively securing Ethereum as of press time, BitMine’s position was equivalent to about 11.8% of the network’s active stake. That establishes the scale of BitMine’s economic exposure. Measuring its influence over Ethereum’s consensus requires another set of…

In a recent revelation, BUIDL, BlackRock’s USD Institutional Digital Liquidity Fund has become the second largest tokenized U.S. Treasury fund. This moment is important because BUILD has narrowly overtaken Circle’s USYC. However, besides the competition, the growing market for tokenized real-world assets (RWAs) is what is stealing the spotlight. BUILD vs. USYC According to Token Terminal’s data, the entire tokenized U.S. Treasury market is worth about $15.1 billion. In this, BUIDL has around $2.8 billion, giving it approximately 18.5% of the market. That means almost one-fifth of all tokenized Treasury assets are by BUIDL. Source: Token Terminal On the other…

Shiba Inu has recorded a sharp decline in its holder count over the past six days, raising fresh concerns about recent address growth and the health of the broader $SHIB community. According to Etherscan data, Shiba Inu’s total holder count climbed to 1,678,991 on August 5 after gaining significant momentum throughout July and finally surpassing the 1.67 million mark. However, the metric reversed the following day. Shiba Inu Holder Count Drops 1,424 Addresses in One Day Etherscan data shows that $SHIB’s holder count fell to 1,677,567 on August 6, representing a loss of 1,424 addresses within just 24 hours. Since…

His lawyers contend the Second Circuit Court of Appeals, which ruled in June that the trial judge had made reasonable decisions about evidence that could be raised in court, agreed with allowing evidence of customers losing “large sums of money” while stopping Bankman-Fried “from rebutting that suggestion — that is, showing that there were always more than enough assets available to repay customers (as they now have been repaid, with substantial interest).” The filing added that the appeals court’s “approval of the crushing fine here also warrants this Court’s consideration,” arguing that the Constitution’s language on excessive fines “enshrines the…

ThorWallet, a non-custodial cryptocurrency wallet, has launched a payment card that enables users to spend digital assets at millions of merchants worldwide through Mastercard’s payment network. The card is designed to preserve the core principle of self-custody, converting crypto into $USDC only at the point of sale. How the ThorWallet card works According to a report by Cointelegraph, the ThorWallet card integrates decentralized finance (DeFi) protocols directly into the wallet interface. When a user makes a purchase, the wallet automatically converts selected cryptocurrencies—such as Bitcoin ($BTC), Ethereum ($ETH), or Solana ($SOL)—into USD Coin ($USDC) via these integrated protocols. This conversion…

While the leading cryptocurrency Bitcoin has climbed above $66,000 with the upward momentum it has gained in recent days, the picture also looks positive for altcoins. However, Santiment warns against the rise in the short term for $BTC and some major altcoins. In this context, the cryptocurrency analysis platform Santiment examined MVRV ratios. As recovery signals for $BTC and altcoins strengthen, the 30-day MVRV ratio of the cryptocurrencies with the highest market capitalization has risen back above the neutral level. According to Santiment, major cryptocurrencies, including Bitcoin ($BTC), Ethereum, and $XRP, have entered profit-taking territory in the last 30 days.…

$ETH price is flashing a bullish signal, but a $160 million transfer from Wintermute makes the move harder to trust. Ethereum formed a golden cross between its 50-day and 200-day EMA bands, while $ETH spiked intraday to $2,665 before trading near $2,580. $ETH Price Rally Meets Heavy Exchange Deposits Over three hours, Wintermute deposited 61,847 $ETH worth about $160.3 million into Binance and Coinbase. That’s a sizeable transfer arriving while the chart is trying to look bullish. The question is straightforward: can $ETH price keep climbing if major exchange deposits continue? The transfer doesn’t prove those $ETH are being sold,…

According to a report by the Wall Street Journal (WSJ) on Monday, the US Securities and Exchange Commission (SEC) wants investment companies to provide proof that their products actually contain the private stock they claim to offer. In a private market dominated by popular AI companies like OpenAI and Anthropic—and where some forms of investment are traded in the form of blockchain tokens—the inquiry prompts the one question that investors are most concerned about: is the promised investment really there? According to Reuters, which refers to the WSJ’s article, the SEC has asked registered investment advisers to prove that the…

The Altcoin Market Index is at 53, meaning it is not yet the altcoin season. However, many projects are continuing to expand their use cases in DeFi, cross-chain transfers, tokenization, privacy, cybersecurity, and AI. Injective, Cardano, Chainlink, Solana, Bittensor, Avalanche, and $NEAR Protocol are developing new technologies that could strengthen their ecosystems in the coming months. Here are the top altcoins hard to ignore based on their latest network upgrades, adoption and real-world use cases. Injective and Cardano Build a Cross-Chain Bridge Injective ($INJ) and Cardano ($ADA) have connected through IBC, or Inter-Blockchain Communication, allowing assets and information to move…