Author: NBTC

Key takeaways Ether is up by more than 6% in the last 24 hours and briefly hit the $2,600 mark. The cryptocurrency could rally towards $2,900 amid strong technicals. ETH surges 6% to hit $2,600 Ether (ETH), the second-largest cryptocurrency by market cap, is one of the top performers among the top 10 cryptocurrencies. The coin added more than 6% to its value in the last 24 hours and now trades at $2,598 per coin. The positive performance comes amid a strong recovery by the broader crypto market. Bitcoin is heading towards the $110k mark after adding 3% to its…

According to Nate Geraci, president of The ETF Store, the Grayscale Digital Large Cap Fund (GDLC) ETF could be next in line to gain approval from the U.S. Securities and Exchange Commission (SEC). As reported by U.Today, the leading cryptocurrency-native asset manager originally filed to convert the fund into an ETF product last October. The filing was then acknowledged by the regulator in late 2024. Early on, ETF analysts were optimistic about its approval odds since it contains only a small portion of altcoins with lower liquidity. Bitcoin (BTC) accounts for the vast majority of its holdings (78.77%). Ethereum (ETH)…

The U.S. Securities and Exchange Commission (SEC) has postponed making a decision on 21Shares’s proposal to launch a spot-based XRP exchange-traded fund (ETF). The holders of the token should not read too much into this delay, given that this is simply a standard practice for the agency. The SEC actually has multiple windows to eventually make a decision regarding a certain ETF proposal. The review period can last up to a total of 240 days. During this period, the SEC collects opinions from the public and analyzes pertinent data. The 21Shares filing was originally submitted on March 11. This means…

Oregon’s Attorney General has pushed back against crypto exchange Coinbase’s attempt to move the securities violation lawsuit to federal court, marking the latest clash in state-versus-federal crypto enforcement. AG Dan Rayfield asked a federal judge to remand the case back to Multnomah County, where it was originally filed in April, in a motion filed Tuesday.  “This is a quintessential state law action that should be adjudicated by the state court in which the Attorney General filed it,” the motion said, calling Coinbase’s arguments a “removal gambit” and dismissing claims of a “regulatory land grab” as rhetoric that ignores nearly…

The Cyprus Securities and Exchange Commission (CySEC) announced on July 4, 2025, that it has recalled the suspension of the authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was made during a CySEC meeting on June 23, 2025. Trek Labs Europe Ltd was previously known as FTX (EU) Ltd. Its license was suspended in November 2022. The company was renamed and underwent a change of ownership. Earlier, it settled with CySEC by paying €200,000 for possible regulatory violations. These issues involved organisational and client information requirements. They took place before the rebranding and ownership change, covering the…

While the US is leading in Bitcoin accumulation and hashrate distribution, the UAE is starting to develop into a rather big player in the global Bitcoin ecosystem, especially in the Middle East. Officially, the US holds the most Bitcoin with more than 207k in its fold, but some reports suggest that the UAE holds approximately 420k Bitcoin, valued at around $46 billion. However, there are no official sources to support the claim, as this is more of a rumor that’s been spreading around. Even Changpeng Zhao (former CEO of Binance) shared this news last year on X but eventually deleted…

NFT trading volumes saw a quarter-on-quarter plunge of 45%, according to a new report—despite sales surging by 78%. DappRadar says there’s still a healthy interest in digital collectibles, but there’s been a “sharp drop” in the average prices paid. In a sign that multimillion-dollar Bored Ape Yacht Club and CryptoPunks sales are a distant memory, trading volume stood at $823 million in Q2—down from $4 billion a year ago. A total of 12.5 million sales took place over this three-month period. That compares with 15 million in Q2 2024, but it’s a huge jump from the 7 million seen in…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 5.43% today against the US Dollar ETH/BTC increased by 3.10% today Ethereum is currently trading 10.00% below our prediction on Jul 07, 2025 Ethereum dropped -2.84% in the last month and is down -24.76% since 1 year ago ETH price is expected…

Strategy (formerly MicroStrategy), the business intelligence firm and the largest public holder of Bitcoin (BTC), has recorded a new all-time high (ATH) in quarterly short interest. Analysts remain split on what this means for the price of MSTR. Some believe the ATH in short interest could be a precursor to a short squeeze. Meanwhile, others argue that it may reflect market makers hedging their positions in derivatives. MSTR Stock Short Interest Hits Record High For context, short interest refers to the total number of shares of a stock that investors have borrowed and sold in anticipation that the stock price…

According to Bloomberg ETF analyst James Seyffart, the U.S. Securities and Exchange Commission (SEC) is expected to delay its decisions on approving spot cryptocurrency exchange-traded funds (ETFs). In a recent post on X, Seyffart wrote that even though many XRP exchange-traded products (ETPs) have deadlines within the next few days, approvals for these and other crypto ETFs aren’t likely to happen until late June or early July. Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days.If we’re gonna see early approvals from the SEC on any of these assets — i…