Author: NBTC

In a significant move signaling continued confidence in digital assets, UK-listed firm Smarter Web Company has once again increased its Bitcoin reserves. This latest announcement underscores a broader trend of companies exploring and executing strategies to incorporate cryptocurrencies into their treasury management. Smarter Web Company Bitcoin: Expanding Digital Reserves Smarter Web Company recently took to the social media platform X to announce a notable addition to its balance sheet. The company confirmed the purchase of an additional 39.52 BTC. This acquisition wasn’t a one-off decision but fits within a previously stated long-term vision. With this latest purchase, Smarter Web Company’s…

Crypto financial services firm Matrixport noted in its latest analysis that Ethereum’s (ETH) recent price movements were largely driven by positioning in the futures market, but there was no strong fundamental dynamic to support this rise. Matrixport: Ethereum Price Rises on Futures Positions, Lacks Fundamental Support The report stated that Ethereum’s recent sharp pullback was a result of an overheated market structure due to the use of high leverage. Matrixport emphasized that leverage levels are still high, warning that this could create more selling pressure in the short term. On the other hand, the company stated that Bitcoin (BTC) has…

The DeFi Investor, one of the analysts who closely follows the cryptocurrency markets, shared its list of altcoins and important developments that may stand out in the new week. According to the analyst’s evaluations, both large projects and significant airdrops and token unlocks will be on the radar of investors. Here are the top 7 cryptocurrencies of the week according to The DeFi Investor and why they are worth following: Bitcoin (BTC): The US Senate will take up the Bitcoin Act bill, which includes a 1 million BTC purchase, next week. KAITO: Infinex will be conducting an airdrop for users…

The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax matters, thereby bypassing the institution’s mandate. Flat Cryptocurrency Tax Decree Contested in Brazilian Congress Cryptocurrency taxation is becoming a hot topic in Brazil, where it has become a central element in a legislative battle in Congress. Deputy Gustavo Gayer, from a party opposing Lula’s coalition, introduced a law project that would roll back the changes made by President Lula’s government on crypto taxation, under the premise of their…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For over a decade, blockchain developers have pursued one primary metric of performance: speed. Transactions per second (TPS) became the industry’s benchmark for technological advancement, as networks raced to outpace traditional financial systems. Yet, speed alone hasn’t delivered the kind of mass adoption once envisioned. Instead, high-TPS blockchains have repeatedly stumbled during periods of real-world demand. The root cause is a structural weakness rarely discussed in whitepapers: the bottleneck problem. You might also like: Warning to builders:…

Bitcoin (BTC) is suffering pressure from veteran holders securing gains and must hold the key $95,600 support level to remain bullish if it breaks below six-figures, according to a June 5 report by Glassnode. The report highlighted that after breaking below $103,700, the next major level of support is the psychological price level of $100,000 and failing that $95,600. For now, Bitcoin is holding above the six-figure mark and trading at $101,280 as of press time, down 3.8% over the past 24 hours. Glassnode’s Cumulative Volume Delta heatmap shows spot-driven accumulation clusters in the areas of $81,000 to $85,000, $93,000…

The price of Ethereum fell below the moving average lines and hit a low of $2,246. Ethereum price long-term analysis: bearish The largest altcoin fluctuated between $2,400 and $2,800 before its descent. Ether was trading in a range between $2,400 and $2,800 before its fall. Buyers tried unsuccessfully four times to keep the price above the $2,800 mark. On June 11, as reported by Coinidol.com, the altcoin came under heavy selling pressure when it fell below the moving average lines. There will be selling pressure if the bears break the 50-day SMA and the $2,400 price level. Ether is expected…

A wallet holding over 104 million DOGE valued at around $20 million emptied its entire balance straight into Coinbase late Saturday night. The move, first picked up by Whale Alert, wasn’t just large. It was from a wallet that’s been completely silent since 2021. The address, DNbYuLjGbdiqcv39grmE1ahkMU19Y5dFND, had no outgoing activity until this one full transfer. Blockchain data shows it received its first DOGE back in October 2021, with funds traced to Coinbase Pro withdrawal addresses. Since then, it collected DOGE in smaller deposits but never moved any out — until now. The full balance was transferred in one shot,…

South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal in the second half of the year. It will evaluate the implications of introducing crypto-based spot ETFs, including potential risks to financial stability, investor exposure, and the broader economy. The agency also intends to build the necessary infrastructure for listing and managing such ETFs while…

As blockchain adoption accelerates, scalability is becoming one of the ecosystem’s most pressing challenges. With the growth of decentralized applications (dApps), smart contracts, and higher transaction volumes, blockchains must scale to handle global demand. Two main approaches have emerged to address this: Layer-1 and Layer-2 scaling solutions. Layer-1 (L1) refers to the base protocol layer of a blockchain, such as Bitcoin or Ethereum, while Layer-2 (L2) refers to protocols that operate on top of Layer-1 to enhance throughput, reduce fees, and offload congestion. This guide explores how both layers contribute to the future of blockchain infrastructure. In this guide: Layer-1…