Author: NBTC
Circle made its public market debut Wednesday on the New York Stock Exchange (NYSE) under the ticker “CRCL,” pricing its shares at $31 — above the expected $24 to $26 range. The company sold around 34 million shares in the offering, for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.2 billion. Circle initially planned to offer just 24 million Class A shares, with 9.6 million coming from the firm itself and the remainder from early stakeholders. But as demand soared, the offering ballooned to more than ten times the original amount. This…
Although the cryptocurrency market has been in a general downward trend this week, led by Bitcoin, the BTC price, which bottomed at around $ 100,000 on Friday, experienced a weekend recovery, climbing above $ 106,000 and is preparing to close the week in the green zone. The source of the decline during the week was the surprising debate between Elon Musk and Donald Trump and the subsequent decline in US stock prices. In addition, there will be a large number of token unlocks in many altcoins in the new week. Here is the token unlock calendar that we have prepared…
Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 million, earmarking the proceeds for victim-compensation funds and prison equipment. The donation resulted in opposition lawmakers questioning the propriety of receiving assets from a former offender. Additionally, police have launched an investigation into the provenance of the coins and the circumstances under which the ministry…
Sui has hit a $14.8 billion monthly DEX volume despite price stagnation. The $223 million Cetus exploit has shaken Sui’s market confidence. The price of SUI is currently struggling to break past the $3.87–$4.13 resistance range. Despite a weekly drop of 45.21%, Sui has reached a historic milestone, recording its highest-ever monthly decentralised exchange (DEX) volume at $13.596 billion, even as the Cetus security exploit cast a shadow over Sui’s surging DeFi momentum. The unprecedented spike in trading activity in May, which marked nearly a fourfold increase from Sui’s historical monthly average of $3.93 billion, signals intensifying interest in its…
Bitcoin BTC$107,709.17 miners are facing mounting pressure as the network’s hashrate and difficulty continue to climb, tightening margins even as bitcoin’s price holds steady, according to TheMinerMag’s monthly report.The network’s mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Transaction fees in June fell below 1% of block rewards, and hashprice dropped to $52 per PH/s before rebounding slightly. Escalating competition and energy costs are expected to drive production expenses above $70,000 per BTC, up from $64,000 in the first quarter of the year, the report said. To remain competitive,…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Stop right there. Hall pass? In a permissionless world, it’s an awkward question. Blockchains weren’t really built for access control; they were built to say yes to anyone with a private key. But as crypto collides more and more with life outside our little bubble, the need for permissions has become unavoidable. Who’s old enough to enter? Who lives in the correct country? Who has permission to vote, and how many times? Who isn’t a bot? For too long, the only answers have come from walled-off KYC…
In a speech at Bitcoin 2025, MicroStrategy Co-founder Michael Saylor proposed that the best way for people of every class and age to achieve financial freedom was through Bitcoin accumulation. Saylor added that, soon enough, the digital asset would represent half of the world’s value. According to experts, this vision can only be realized in an ideal world. Representatives from Fedrok AG, Bitget Wallet, and Brickken explained that for Bitcoin to absorb global wealth, it needs greater scalability, less institutional pushback, and more stability. Only when these factors align can Saylor’s fantasy become reality. Saylor on Bitcoin’s Path to Ultimate…
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 4.80% today against the US Dollar ETH/BTC increased by 3.63% today Ethereum is currently trading 5.40% below our prediction on Jun 07, 2025 Ethereum gained 44.40% in the last month and is down -29.65% since 1 year ago ETH price is expected…
Bitcoin is down Wednesday, but some major altcoins have fallen further on a lackluster day for risk-on assets, as investors weighed the beginning of heightened U.S. steel tariffs and sagging economic indicators. XRP and the token of smart contracts network Solana were off 2.2% and 1.2%, respectively, while popular meme coin Dogecoin declined by nearly 3%. Bitcoin was down a few fractions of a percentage point, seesawing with the $105,000 threshold as it has for parts of this week. “The global macro backdrop has not helped,” including the recent escalation of hostilities in the Ukraine war and steel tariffs “among…
Savvy investors always reposition themselves for the next big winners. Today, new data reported by CMC listed the 10 best-performing coins with the most significant gains noted over the past week. Top 10 gainers of the week Internet Computer (ICP) According to the data by CMC, Internet Computer (ICP) emerged as the top performer in the digital asset market this week. The altcoin added a price growth of 5.69% registered over the past seven days. The reasons for its positive, impressive week include the following. A wider bullishness in the crypto market, especially with Bitcoin’s ongoing bull run, triggers a…