Author: NBTC

Federal Reserve officials have shifted their attention back to inflation after fresh labor data showed the US job market remains stable despite mounting geopolitical and energy-related pressures. Strong hiring numbers in April strengthened the central bank’s confidence to keep interest rates unchanged while officials evaluate the long-term impact of rising prices tied to the Iran conflict and trade disruptions. Labor Market Strength Reduces Pressure for Rate Cuts The US economy added 115,000 jobs in April, surpassing market expectations and reinforcing signs of labor market resilience. Moreover, March payroll figures received an upward revision to 185,000 jobs, signaling stronger employment momentum…

A New York attorney intervened to stop what could have been the largest courtroom judgment in bitcoin in history, filing an amicus brief that persuaded a judge to freeze proceedings targeting nearly 40,000 dormant wallets collectively holding an estimated 3.8 million $BTC. Key Takeaways: On June 6, 47.26 $BTC dormant since 2011 moved onchain from defendant address No. 37923 in the Noah Doe case. NY attorney Ian R. Cohen filed an amicus brief on May 29, prompting a June 5 court stay in Index No. 153119/2026. The case targets 39,069 wallets worth ~$293B; a hearing will now decide if the…

A massive stablecoin transfer has caught the attention of the crypto market. Circle moved approximately $4.4 billion worth of $USDC to a Coinbase-controlled wallet through HyperEVM. This marks what analysts believe is the largest single on-chain $USDC transaction ever recorded. 🚨CIRCLE MOVED $4.3 BILLION $USDC, THE LARGEST TRANSFER IN HISTORYCircle moved 4.397B $USDC to Coinbase through HyperEVM, marking the largest single on-chain $USDC transfer in history, per Arkham.This likely ties directly to Coinbase becoming the official $USDC treasury deployer… pic.twitter.com/P8fucClF42 — Coin Bureau (@coinbureau) June 12, 2026 The transfer comes as Coinbase expands its role within the Hyperliquid ecosystem and…

TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost models can help frame downside risk, but they are not fixed price floors. Electricity costs, miner efficiency, difficulty adjustments and market liquidity all affect the usefulness of the model. Bitcoin never bottomed below the electrical cost. Current electrical cost: $47,000. Take notes. 📝 pic.twitter.com/8vCu53QVm1 — Crypto Rover (@cryptorover) June 12, 2026 Mining Cost Chart Puts Bitcoin’s Floor Near $47,000 Crypto Rover has shared a Bitcoin mining-cost chart claiming $BTC has never bottomed below its estimated electrical production cost, which the post places at…

KB Kookmin Bank has officially become the first South Korean bank to raise $100 million through a blockchain-based dollar bond. The company used HSBC’s Orion digital asset platform for the two-year note. HSBC is acting as the sole lead manager of the deal, as KB Kookmin Bank said it expects to offset some issuance costs through the HKMA’s Digital Bond Grant Scheme. What is a digital bond? A digital bond is the same as a traditional bond, except that it uses blockchain technology. Usually, when a bank issues a bond, the process involves many middlemen like custodians and registrars and…

Bitcoin has continued to struggle, with the asset recently dropping below the $80,000 support level it had consolidated around for at least 12 days. Structural signals are building to support a bullish outlook on the chart, but liquidation risk in the perpetual market is throwing up meaningful short-term headwinds that traders cannot dismiss. HODLers hit a 14-month high Long-term holders, the group of investors known to hold Bitcoin [BTC] for at least 155 days without selling, could prove central to Bitcoin’s performance from this point. The Bitcoin HODL Bank, which measures the unrealized profit level among Bitcoin holders, has reached…

Ethereum recovered toward $1,700 after falling close to $1,500 during last week’s sell-off. The move eased immediate pressure, but price remains within a broader downtrend and has not confirmed a lasting reversal. Ethereum traded near $1,691 at the time of writing, up about 1.4% over 24 hours (per crypto.news data). The token moved between roughly $1,656 and $1,713. Its next direction may depend on whether buyers reclaim $1,900 to $2,000 or sellers force another test of $1,500. Ethereum price rebound remains below major resistance The latest recovery started close to the recent low rather than after a clear break above…

In early May, BlackRock (NYSE: BLK) CEO Larry Fink made a case against the existence of an artificial intelligence (AI) bubble while proposing the creation of a new asset class to address infrastructure constraints. Specifically, the billionaire identified a series of shortages the U.S. is facing, highlighting that there is a significant deficit of energy and computing power relative to the alleged and expected AI-driven demand. Fink speculated that buying futures of compute could prove a new asset class in the near future. “We’re short power, we’re short compute, we’re short chips,” Fink said before adding, “I actually believe a…

Axelar (AXL) has successfully completed a proof of concept (PoC) for a won-based stablecoin, marking a significant step in South Korea’s digital asset evolution. This achievement, realized in partnership with $XRP Ledger Korea and Hana Financial TI, directly addresses the growing need for regulatory-compliant stablecoin infrastructure. The PoC tested the full lifecycle of issuing, distributing, and settling a stablecoin pegged to the South Korean won. Axelar Won-Based Stablecoin PoC: A Detailed Look According to a report from The Herald Business, the three organizations conducted this test to prepare for the potential formalization of stablecoin regulations in South Korea. The primary…

A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding $BTC prohibitively expensive for regulated banks. Key Takeaways: Senators urged regulators to revisit digital asset capital standards affecting banks. The disputed 1,250% risk weight can require capital equal to exposure. Potential rule changes could reshape institutional participation in bitcoin markets. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push to overhaul bank capital rules governing digital asset exposure. At the…