Author: NBTC

SpaceX stock has remained under pressure after Susquehanna initiated coverage with a $170 price target while warning that the company’s valuation depends on aggressive growth assumptions. According to a research note from Susquehanna, the brokerage assigned SpaceX a neutral rating and set a $170 target for the stock as shares continue trading below their $150 debut price following a sharp post-listing rally and subsequent pullback. Susquehanna Initiates Coverage on $SPCX with Neutral Rating, PT $170Analyst comments: “Over the 2025-2028 timeframe, we are forecasting SpaceX to grow revenue at an 81% CAGR and adjusted EBITDA at a 76% CAGR. In our…

Cardano’s next protocol upgrade may be getting closer to reality, according to a recent update from Intersect, a member-based organization for the Cardano ecosystem. In a recent milestone, the van Rossem hard fork initiation governance action was submitted on Cardano Mainnet in the past week, beginning the on-chain governance process for an intra-era upgrade. In a fresh update, Intersect noted that ecosystem readiness made significant progress this week. For SPOs, Block production numbers on node version 11 remained stable, increasing slightly to 87% for epoch 639. Likewise, multiple major exchanges signaled readiness this week, pushing readiness by liquidity up to…

South Korea has taken a significant step toward integrating digital assets into its financial safety net. The government’s New Start Fund, a debt adjustment program designed to help small business owners and self-employed individuals, now includes cryptocurrency holdings in its assessment of an applicant’s repayment ability. This change, first reported by Yonhap News, marks a notable shift in how traditional debt relief programs view virtual assets. How the New Start Fund Works The New Start Fund was created to provide debt adjustment and relief for financially struggling small business owners and the self-employed. Under the revised system, the debt reduction…

As crypto markets mature, the lines between digital assets and traditional equities keep dissolving. BIT, a digital asset platform with seven years of institutional service experience, is pushing that boundary further. It has rolled out margin trading for US stocks, accompanied by a promotional offer of up to $2,000 cashback and a 30-day 0% interest margin loan, according to the original announcement. The move signals more than a product addition; it reflects a growing ambition among established crypto exchanges to capture retail equity traders by leveraging existing margin infrastructure. The Shift from Crypto to Equities BIT’s entry into US stock…

After yielding to heavy selling pressure and losing several key support levels over the past few weeks, Bitcoin is now holding at a key support level. The broader market structure continues to favor the sellers, but the market’s reaction to the $60k critical demand zone could determine the next major move. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, $BTC is trading below $60K after extending its decline from the rejection near the $82K region. The breakdown below the $74K resistance area, which also aligns with the 100-day moving average, confirmed a bearish shift in market structure and…

A technical signal appearing on Ethereum’s monthly chart has strengthened expectations that a significant bottom may be forming in the market. Crypto analyst and investor Ali Martinez stated in his assessment on the social media platform X that the TD Sequential indicator on Ethereum’s ($ETH) monthly chart has generated a new “buy” signal. According to the analyst, this development indicates that a strong bottom may be forming in $ETH. Martinez highlighted the significance of the current outlook, drawing attention to past signals given by the indicator. According to the analyst, TD Sequential generated a sell signal for Ethereum in September…

Blockchain infrastructure company Chainlink (LINK) announced it has partnered with 47 South Korean and European banks to enable real-time, stablecoin-based cross-border payments in international currency transactions. The initiative, called Project Pangea, brings together banks representing over $10 trillion in assets in total. Besides Chainlink, the project includes Qivalis, a euro stablecoin consortium supported by 37 European banks, and UniKA, a South Korean banking alliance representing more than 10 commercial banks. Chainlink’s Vice President for Asia-Pacific and the Middle East, Niki Ariyasinghe, stated today that Project Pangea aims to redefine global currency markets. The project’s goal is to make currency swap…

The Dogecoin X account highlighted a common misconception about the dog coin in a recent X interaction. Alex, MyDoge CTO, asked the question of who was building Dogecoin across market cycles. The post named the core Dogecoin team, the Dogecoin Foundation, House of Doge, MyDoge, and DogeOS, along with “hundreds of ecosystem projects” as those who continue to build Dogecoin across various market cycles. ‘But Dogecoin has no developers?’ The official Dogecoin X account responded, seeking to debunk a common misconception about the dog-themed cryptocurrency. BUT DoGeCo1n HaS No DeVs?!We salute all our BUIDLrs, past and present 🫡 https://t.co/8rqSUSUcAd —…

India’s Parliamentary Standing Committee on Finance is set to hold a crucial meeting on July 2 to discuss the future of Crypto Regulation in the country. The committee is chaired by BJP MP Bhartruhari Mahtab. It has summoned representatives from the Reserve Bank of India (RBI) and the Institute of Chartered Accountants of India (ICAI) for discussions on “A Study on Virtual Digital Assets (VDAs) and Way Forward.” According to the official schedule, the RBI will appear before the panel from 11:00 AM to 12:30 PM. Then, ICAI will appear from 12:30 PM to 1:30 PM at Parliament House Annexe…

Ondo Finance ($ONDO) introduced 24/7 minting and redemption for tokenized US stocks and exchange-traded funds (ETFs), extending always-on access beyond the previous five-day-a-week schedule that paused on weekends and US public holidays. The new capabilities are live across Ethereum and BNB Chain and will reach Solana soon, according to a 25 Jun statement from Ondo. Minting creates the tokenized stock or ETF from the underlying asset; redemption hands the token back for the underlying value. “With this upgrade, eligible users will be able to mint or redeem supported assets around the clock at the current prevailing price, creating a more…