Author: NBTC

Ethereum is positioned below the 200-hour SMA. $ETH price is hovering within the $1.6K range. The largest altcoin, Ethereum ($ETH), has slipped below its 200-hour Simple Moving Average (SMA). The break below this level suggests that bullish momentum is fading and that sellers are gaining greater control of the market. On the 1-hour chart, it recently lost support near the $1,720 region before falling to the mid-$1,600 range. As long as the price remains below the 200-hour SMA, the broader short-term structure remains weak. In this scenario, the $1,580 level stands out as the next significant support zone, where buyers…

HashKey Holdings Limited approved a share repurchase plan of up to HK$100 million as its Hong Kong-listed stock rebounded after recent pressure. HashKey clears HK$100M buyback plan HashKey Holdings Limited, listed under stock code 3887, said its board approved an on-market share repurchase plan after the mandate passed at its annual general meeting on June 11, 2026. The company plans to use up to HK$100 million of its own funds for the buyback. HashKey Holdings Limited (HashKey, stock code: 3887) said its board has approved a share repurchase plan under the mandate passed at its June 11, 2026 AGM. The…

For two years, Solana’s secret growth engine was memecoins. The endless churn of new tokens minted on Pump.fun generated a flood of transactions and fees that powered the network’s comeback. Now that engine is sputtering, and Solana’s fee revenue is feeling it. The slowdown exposes an uncomfortable truth about what has really been driving $SOL. Solana’s network activity is showing a notable shift in June 2026: a sharp drop in memecoin launches on Pump.fun, the platform that became synonymous with Solana’s speculative boom, is cutting into the network’s fee revenue (live $SOL price on CoinGecko). The cooldown highlights just how…

John Palmer, Head of Derivatives at Kraken, has predicted that the U.S. market for perpetual futures will follow a growth trajectory similar to that of spot Bitcoin ETFs. Speaking to industry observers, Palmer outlined a phased adoption pattern that mirrors the early days of Bitcoin ETF trading. Phased adoption mirrors spot Bitcoin ETF pattern Palmer noted that when spot Bitcoin ETFs launched, retail and professional investors entered the market first. Institutional capital followed sequentially, as compliance and due diligence processes took longer. He expects a similar pattern for the initial launch of regulated perpetual futures products in the United States.…

After reaching $65,000 yesterday, Bitcoin has fallen back to around $62,000 today, while Ethereum has also dropped below $1,700. While there is a risk of further decline for $ETH, popular cryptocurrency analyst Ali Martinez suggests Ethereum could experience further losses. Martinez noted that Ethereum is trading below its 200-hour simple moving average (SMA) on X, arguing that it could experience further declines if it fails to recover from current levels. He set the next major target for $ETH at $1,580. The 200-hour moving average (SMA) is an important technical indicator used to evaluate short-term trends. Prices trading below this level…

Grayscale Investments, a prominent digital asset management firm, has been recognized on Fortune’s first-ever ‘Crypto 100’ list, a ranking of the most influential companies shaping the cryptocurrency and blockchain ecosystem. The company announced the honor via its official X account, expressing gratitude for being included among the firms driving the future of the digital asset industry. Fortune’s New Benchmark for the Crypto Industry Fortune’s inaugural ‘Crypto 100’ list aims to identify and rank the most significant players in the digital asset space, spanning categories such as exchanges, custody providers, asset managers, infrastructure firms, and venture capital. The list represents a…

$XRP is returning to its main historical mission — serving as the fundamental base layer of the global financial system. Ashish Birla, CEO of the institutional company Evernorth, said this in an exclusive interview with Vet from the XRPL Foundation. Ahead of Evernorth’s long-awaited listing on Nasdaq under the ticker XRPN, Birla shared unique memories from 2013 and explained why $XRP’s technological “magic” is especially relevant today. A Spartan office on Second Street According to Birla, in late 2013, Ripple’s first team worked in extremely modest conditions on Second Street in San Francisco. The office had no air conditioning, so…

Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges, have seen remarkable trading volumes in some altcoins over the past 24 hours. When data from the two exchanges were analyzed together, it was observed that Worldcoin, Humanity, MegaETH, $XRP, and Official Trump tokens were particularly prominent in terms of trading volume. On Upbit, Worldcoin ranked first with a volume exceeding $68 million, while on Bithumb, Humanity stood out with a trading volume of approximately $71.7 million. According to the combined data from both exchanges, Worldcoin topped the list with a volume of $121.6 million. Related News List of the…

Bitmine Immersion Technologies, Sharplink and Ethereum cofounder Joe Lubin have backed the launch of Ethlabs, an independent nonprofit research organization focused on preparing Ethereum for broader institutional adoption. The funding effort also includes support from Anchorage, Octant, SNZ and other Ethereum ecosystem contributors. The announcement did not disclose how much funding the organization has secured. Ethlabs was cofounded by former senior Ethereum Foundation researchers Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz Schilling, Josh Rudolf and Julian Ma. The group includes researchers who have worked on Ethereum’s finality, scaling, data availability, virtual machine and protocol economics. Ethlabs said the organization will provide…

Major global institutions and asset managers are not waiting for a single stablecoin to dominate the market. Instead, they are pushing for a regulated, interoperable infrastructure that allows seamless movement between deposit tokens and money market funds (MMFs), according to Thomas Eichenberger, Chief Strategy Officer at digital asset bank Sygnum. Institutional Demands Are Clear Speaking with CoinDesk, Eichenberger outlined that institutional clients are calling for a hybrid infrastructure that enables the interchange of stablecoins, deposit tokens, and MMF tokens within a clear regulatory framework. This approach would allow large corporate treasury departments to conduct 24/7 cross-border payments while maintaining immediate…