Author: NBTC

US-based BitGo, a crypto custody and infrastructure provider, unveiled plans for a decentralized finance (DeFi) vault product with Paris-based Morpho as its first partner, to meet institutional demand for access to onchain lending and yield strategies while providing regulated custody and oversight. When clients deposit into the vault, their funds are deployed to a third-party onchain strategy, a 22 Jun statement said. BitGo Bank & Trust, the firm’s national trust bank chartered by the US Office of the Comptroller of the Currency (OCC), holds a receipt token recording each client’s claim. External infrastructure providers and independent risk managers will execute…

Ethereum trades at $1,711.78 on June 23, down 0.83% and sitting well below every major moving average, as three prominent crypto strategists laid out long-term price targets ranging from $20,000 to $50,000 based on Ethereum’s role in the tokenization of real-world assets. $ETH Daily Chart: Price Trapped Below a Falling Supertrend $ETH Daily Price Action (Source: TradingView) The daily chart shows $ETH recovering from the June 5 crash low near $1,500 but struggling to clear the descending Supertrend at $1,850.22, which has rejected every bounce attempt since mid-June. All four EMAs sit overhead in bearish order: 20 at $1,757.17, 50…

Elon Musk’s SpaceX has officially set its initial public offering at a price of $135 per share on Thursday, setting projections of a $75 billion raise in the largest stock market debut in history and valuing Elon Musk’s rocket and satellite company at almost $1.77 trillion. The offering eclipses Saudi Aramco’s December 2019 IPO, which brought in $25.6 billion at a $1.71 trillion valuation, according to Reuters. SpaceX has currently sold 555.56 million shares and will begin trading on the Nasdaq on Friday. SpaceX debuts on Elon Musk’s terms SpaceX locked in its share price during a Thursday afternoon meeting…

Zcash’s second halving, which occurred on November 23, 2024, at block height 2,726,400, cut the block reward from 3.125 $ZEC to 1.5625 $ZEC. For miners, that meant an immediate 50% drop in $ZEC earned per block. For the broader market, it reduced the rate at which new $ZEC enters circulation, tightening supply in a network that mirrors Bitcoin’s hard cap of 21 million coins. As of June 19, 2026, $ZEC trades in the range of $448 to $481, with roughly 16.7 million $ZEC in circulation out of a maximum supply of 21 million. How Does the Zcash Halving Work? Zcash…

ETF inflows hit $630 million the day before Bitcoin flipped Tesla in market cap — and calling it a coincidence requires ignoring how markets actually work. On May 10, @LLuciano_$BTC , a well-known market enthusiast posted what became one of the most shared crypto milestones of the week: Bitcoin surpassing Tesla to become the world’s 12th largest asset globally. The post pulled 83,900 views in hours. Few people traced the fuel behind it back to May 1. Image Via X/@LLuciano_$BTC The $630M That Nobody Talked About Enough On May 1, U.S. spot Bitcoin ETFs attracted net inflows of $630 million…

Aave has launched new incentives for cbETH on its Aave V3 platform, as highlighted in a widely shared post by @aave. Users can earn these rewards by supplying cbETH to the Base market, enhancing its utility in the decentralized finance sector. You can view the announcement here. What Happened The recent introduction of incentives for cbETH on Aave V3 marks a significant development for users and the broader DeFi ecosystem. By supplying cbETH to the Base market, traders can unlock new earning potential, which may encourage more liquidity in the market. This initiative could also stimulate interest in cbETH, particularly…

On June 22, five former senior Ethereum Foundation researchers announced Ethlabs, an independent nonprofit R&D lab with a mission to make Ethereum the settlement layer of the global economy. The co-founders, Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma, framed the launch around Ethereum, the protocol, and $ETH, the asset. Their announcement names $ETH “the most valuable, programmable store of value” and lists research into $ETH monetary properties among Ethlabs’ early work areas, a posture the Foundation, in its traditional credible-neutrality framing, avoided taking directly. The backer list includes BitMine and SharpLink, two $ETH treasury companies whose…

Avalanche Treasury Co. had a weak first trading session on Nasdaq as its stock closed sharply lower under the ticker AVAT. Avalanche Treasury Co. closed at $1.85 on Thursday, down 38.13% in its Nasdaq debut. Google Finance data showed the stock opened at $2.99, reached a high of $3.00, and fell as low as $1.75 during the session. The stock later moved to $1.88 in after-hours trading, up 1.62%. Volume stood near 497,580 shares, while the company’s market value was listed at about $486.37 million. Avalanche Treasury Co. price chart, source: Google Finance The listing followed Avalanche Treasury’s merger with…

The S token, the native utility asset behind the Sonic blockchain, fell 5% on Friday after Sonic Labs, formerly known as the Fantom Foundation, announced the resignation of three former executives from its board. The S token fell to 0.031 on Friday, down 5% over 24 hours. The resignations include Michael Kong, a former CEO of the Fantom Foundation and director at Sonic Labs; David Richardson, who served as executive chairman of Sonic Labs; and Andre Cronje, who previously served as its chief technology officer. Statement from Andre Cronje about his resignation from the board. Source: Andre Cronje “These are…

Bitcoin’s price has fluctuated wildly since 2022. In 2022, the cryptocurrency market experienced “crypto winter,” falling from a $1.2 trillion market cap to $319 billion. The crypto market was under a lot of strain due to events like the Terra/Luna collapse, the aggressive Fed rate hikes, and the FTX bankruptcy. However, by 2024, the market capitalization had returned close to $2 trillion. Thanks to the introduction of the Spot Bitcoin [$BTC] and Ethereum exchange-traded funds, in 2024, the crypto market was able to pull back. Source: Ecoinometrics/X Now, in early 2026, the Middle East tensions had put further strain on…