Author: NBTC

The mining difficulty on the Bitcoin network is expected to drop by approximately 9.55 percent in about eight hours. According to data reported by TheEnergyMag, this adjustment will be the second largest downward difficulty change seen in 2026. The expected decline is attributed to the sharp drop in network hashrate seen following the weakness in Bitcoin price at the beginning of June. The fall in $BTC price to around $63,000 put pressure on miners’ incomes, leading some miners, particularly those operating with older devices, to cease operations. Related News BREAKING: Donald Trump Announces That the Iran Deal Will Be Signed…

Pyth Network, a blockchain oracle and market data provider, has launched new pricing indexes for US stocks and commodities, a move aimed at supporting around-the-clock trading products across crypto exchanges. The company announced Wednesday that Coinbase, Kraken, dYdX and Nado are already using the indexes to power new trading markets. According to Pyth, the indexes are designed for perpetual futures, tokenized assets, prediction markets, derivatives settlement and exchange-traded product benchmarking, providing continuous reference prices even when traditional financial markets are closed. The initial lineup includes major US stocks such as Nvidia, Tesla, Apple, Circle and Strategy, as well as gold,…

Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction. Recovery Hopes Fade Unless Resistance Levels Break After failing to break above the $82,885 resistance peak, Bitcoin is experiencing selling pressure. According to crypto analyst Kamile Uray, the 4-hour chart still points to ongoing downside risk, with price action likely to remain weak as long as Bitcoin trades below the…

Ethereum could be showing early signs that the market is closing in on a major rally. The asset has bled capital since peaking in September 2025, with its market valuation falling by $373.83 billion—a drop larger than its present valuation. Data, however, shows Ethereum’s market capitalization could hold the answer to whether the downtrend remains in play or a reversal is near. Ethereum and Tether market caps converge for the first time Ethereum’s market capitalization and Tether’s have hit the same level for the first time ever, both reaching roughly $186.87 billion. While the convergence is a rare occurrence on…

Federal Reserve officials have shifted their attention back to inflation after fresh labor data showed the US job market remains stable despite mounting geopolitical and energy-related pressures. Strong hiring numbers in April strengthened the central bank’s confidence to keep interest rates unchanged while officials evaluate the long-term impact of rising prices tied to the Iran conflict and trade disruptions. Labor Market Strength Reduces Pressure for Rate Cuts The US economy added 115,000 jobs in April, surpassing market expectations and reinforcing signs of labor market resilience. Moreover, March payroll figures received an upward revision to 185,000 jobs, signaling stronger employment momentum…

A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million $BTC. Key Takeaways: On June 6, 47.26 $BTC dormant since 2011 moved onchain from defendant address No. 37923 in the Noah Doe case. NY attorney Ian R. Cohen filed an amicus brief on May 29, prompting a June 5 court stay in Index No. 153119/2026. The case targets 39,069 wallets worth ~$293B; a hearing will now decide if the…

A massive stablecoin transfer has caught the attention of the crypto market. Circle moved approximately $4.4 billion worth of $USDC to a Coinbase-controlled wallet through HyperEVM. This marks what analysts believe is the largest single on-chain $USDC transaction ever recorded. 🚨CIRCLE MOVED $4.3 BILLION $USDC, THE LARGEST TRANSFER IN HISTORYCircle moved 4.397B $USDC to Coinbase through HyperEVM, marking the largest single on-chain $USDC transfer in history, per Arkham.This likely ties directly to Coinbase becoming the official $USDC treasury deployer… pic.twitter.com/P8fucClF42 — Coin Bureau (@coinbureau) June 12, 2026 The transfer comes as Coinbase expands its role within the Hyperliquid ecosystem and…

TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost models can help frame downside risk, but they are not fixed price floors. Electricity costs, miner efficiency, difficulty adjustments and market liquidity all affect the usefulness of the model. Bitcoin never bottomed below the electrical cost. Current electrical cost: $47,000. Take notes. 📝 pic.twitter.com/8vCu53QVm1 — Crypto Rover (@cryptorover) June 12, 2026 Mining Cost Chart Puts Bitcoin’s Floor Near $47,000 Crypto Rover has shared a Bitcoin mining-cost chart claiming $BTC has never bottomed below its estimated electrical production cost, which the post places at…

KB Kookmin Bank has officially become the first South Korean bank to raise $100 million through a blockchain-based dollar bond. The company used HSBC’s Orion digital asset platform for the two-year note. HSBC is acting as the sole lead manager of the deal, as KB Kookmin Bank said it expects to offset some issuance costs through the HKMA’s Digital Bond Grant Scheme. What is a digital bond? A digital bond is the same as a traditional bond, except that it uses blockchain technology. Usually, when a bank issues a bond, the process involves many middlemen like custodians and registrars and…

Bitcoin has continued to struggle, with the asset recently dropping below the $80,000 support level it had consolidated around for at least 12 days. Structural signals are building to support a bullish outlook on the chart, but liquidation risk in the perpetual market is throwing up meaningful short-term headwinds that traders cannot dismiss. HODLers hit a 14-month high Long-term holders, the group of investors known to hold Bitcoin [BTC] for at least 155 days without selling, could prove central to Bitcoin’s performance from this point. The Bitcoin HODL Bank, which measures the unrealized profit level among Bitcoin holders, has reached…