Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Bitcoin at Risk of Breakdown if Major Support Level Fails, Says Trader Justin Bennett – Here Are His Targets

Cryptocurrency analyst and trader Justin Bennett is warning that Bitcoin (BTC) faces the risk of correcting by double-digit percentage points if a key support level crumbles. In a new strategy session, Bennett tells 63,300 subscribers of the Daily Price Action YouTube channel that Bitcoin is showing signs of a potential bearish reversal. According to Bennett, the support “level to watch” for Bitcoin is $106,000. On how low Bitcoin could go if the $106,000 support level breaks, Bennett says, “As far as targets go, if we do get that confirmed breakdown… …we do have this pocket back here that looks appealing.…

BitcoinJul 5

‘If I lose, DeFi dies with me:’ Tornado Cash co-founder doubles down on innocence ahead of trial

With his criminal trial just weeks away, Tornado Cash co-founder Roman Storm is speaking out and denying any wrongdoing. In a recent interview with Crypto in America, Storm said the U.S. government is prosecuting him for writing open-source code, not for any actual criminal conduct. Facing three felony charges, including conspiracy to commit money laundering and conspiracy to violate sanctions law, federal prosecutors allege that Tornado Cash, founded by Storm and two others, was used to launder more than $1 billion in illicit funds, including money linked to North Korea’s infamous hacker group Lazarus. Storm denies knowingly facilitating criminal activity.…

DeFiJul 5

Ethereum Price Pops Above $2,550 — Can It Avoid a Quick Reversal?

Ethereum price started a fresh increase from the $2,375 zone. ETH is now back above $2,550 and struggling to clear the $2,620 barrier. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $2,560 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains stable above the $2,550 zone in the near term. Ethereum Price Regains Traction Ethereum price started a fresh increase from the $2,375 zone, like Bitcoin.…

EthereumJul 5

Strong Uptake at 10-Year U.S. Debt Sale Eases Demand Concerns, 30-Year Sale's Up Next

Wednesday's auction of 10-year U.S. Treasury notes undermined the narrative that investors are moving away from U.S. government debt, the bedrock of global finance, and pouring money instead into bitcoin BTC$107,582.35 and gold. Thursday's sale of $22 billion of 30-year bonds may provide further clues to investor confidence in the fiscal policies of U.S. President Donald Trump since he initiated the global trade war in early April and help signal whether the notes are losing their shine as the premier fixed-income instrument backed by the deepest liquidity and low credit risk. At the June 11 auction, demand for the $39…

MarketsJul 5

Is Tron (TRX) Price Breakout To $0.3 Confirmed With Major Stablecoin Milestone

Key Insights: Stablecoin users have shifted attention from Ethereum to the Tron Network, can this affect TRX price. Analysts draw a correlation between Bitcoin and Tether’s growth, which may likely impact Tron. Sustaining trading volume on TRX could help push the price above $0.30. Tron (TRX) has gained dominance in the stablecoin space in the last 14 days, competing with notable names such as Solana and Ethereum. The performance against Ethereum in the last seven days has sparked conversation about Tron price’s chance to hit $0.30 in the crypto market. Tron Secures Stablecoin Dominance Notably, Tron price eyes breakout as…

AltcoinsJul 5

Hong Kong poised to benefit from Singapore’s ‘crypto crackdown’: report

Analysts say that Hong Kong could gain the upper hand in its expansion into a global crypto hub in the wake of Singapore’s regulatory crackdown on unlicensed firms in the region. A recent report by the South China Morning Post revealed that the special administrative region’s web3 industry could see more crypto firms migrating to the region after Singapore closes its doors to offshore actors operating without a license. Analysts believe that the move could even lead to a boost in liquidity for Hong Kong’s crypto sector. As Singapore moves to double-down on unlicensed crypto firms through the deadline set…

RegulationJul 5

Bluefin Pro Launches on Sui, Unveiling New Era of Perps Trading

Bluefin has officially launched a new perpetual futures (perps) trading platform on the Sui Network, Bluefin Pro. The Bluefin Perps Beta service has come to an end with 648 days of service and 118,000+ accounts and more than $55 billion in cumulative trading volume. Bluefin Governance Proposal 2 (BGP-2) will govern this transition and will set out the timeline of the migration, in phases. 1/ The Great Migration is here. Bluefin pioneered perps trading on @SuiNetwork, and over the past 648 days, Bluefin Perps Beta has processed over $55 billion in trading volume. With Bluefin Pro, we introduce a completely…

ExchangesJul 5

Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%

Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors. In addition to the $26 million offering from the base deal, management can expand the offer by up to 200% if books show stronger demand, but it did not activate that option at launch. Pricing will follow a book-building process that sets a single clearing…

BitcoinJul 5

Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks

Ondo Finance has taken a major step toward offering tokenized stocks to U.S. investors, throwing itself into a crowded ring of fintech heavyweights, including Robinhood, that aim to capitalize on the recent on-chain equities market boom. The Ethereum decentralized finance platform announced Friday on X its acquisition of Oasis Pro, an SEC-regulated digital assets infrastructure provider that operates as a broker-dealer, alternative trading system, and transfer agent. The deal will allow Ondo Finance to inherit Oasis Pro’s regulatory licenses, enabling it to offer U.S. investors access to tokenized stocks, according to Ondo’s statement. “This acquisition will empower us to realize…

DeFiJul 5

Why Tom Lee Believes Ethereum Price Could Reach $10,000

Popular market strategist Tom Lee, founder of Fundstrat, has explained why he believes Ethereum (ETH) has the potential to climb to $10,000. Ethereum’s price has been stuck around $2,400 for some time, without much movement. While some experts like Bitwise think it might not hit new all-time highs this year, Tom Lee remains positive about its future. In an interview with Coinage, said that even though Ethereum slowed down in innovation for a while, it’s now regaining momentum. One reason is the growing trend of tokenizing real-world assets. This means turning things like dollars, company shares, and other financial products…

EthereumJul 5