Author: NBTC

Ethereum ($ETH) selling pressure from miners has dropped to near historic lows, and two CryptoQuant analysts say this could create a favorable setup for a strong price recovery. The on-chain data comes as Ethereum trades at $1,912, down 0.65% over the past week but up 21% over the last month, according to CoinMarketCap data. Despite the recent rebound, $ETH remains 49.8% below its price from a year ago. Ethereum Miner Selling Pressure Hits Near-Record Lows CryptoQuant analyst PelinayPA said Ethereum miner transfers to Binance have fallen close to their lowest levels in the past year. The decline points to a…

Taken together, the Swift announcement one end and the Stripe PayPal bid on the other, are part of a greater trend that who that banks, fintechs and payment companies are increasingly competing to build the infrastructure for the next generation of digital payments, whether through blockchain settlement networks, stablecoins or consumer payment platforms. “It’s a race to control the next generation of global payment infrastructure,” said Ilies Larbi, founder and CEO of Ouinex. A Stripe-PayPal combination would allow more transactions to move across its own network, reducing dependency on intermediaries like Visa or Mastercard, apart from access to the latter’s…

Multiple cryptocurrency wallets linked to prominent trader Jordan Fish, widely known as Cobie, have transferred approximately 20 million Lido DAO ($LDO) tokens to major exchanges within the last 30 minutes. The total value of the deposits is estimated at $6.58 million, according to on-chain analytics firm EmberCN. Details of the Transfer The deposits were sent to Binance, OKX, and Kraken, three of the largest cryptocurrency exchanges by trading volume. Blockchain data indicates that the transfers originated from addresses previously associated with Fish, a well-known figure in the crypto community and co-founder of the $DEGEN meme coin. Large-scale movements of tokens…

South Korea should allow greater flexibility for stablecoin issuers, provide interim licensing guidance and phase in stablecoin regulation before completing its Digital Asset Basic Act, according to a policy report published Wednesday by Hashed Open Research and the Solana Policy Institute. The report summarizes a June 23 symposium attended by lawmakers, legal experts and industry participants. The Digital Asset Basic Act would establish South Korea’s first comprehensive digital asset framework, covering stablecoins, issuance, disclosures and market rules. However, lawmakers have yet to reconcile multiple bills, with disagreements over stablecoin issuance delaying the legislation. Democratic Party lawmaker Ahn Dogeol said policymakers…

Crypto exchanges have been handing out trading fee discounts and one-time airdrops for years. But the fight for user stickiness is entering a different phase. Bybit, the exchange that regularly claims the number two spot by trading volume, launched a unified rewards ecosystem on Tuesday that looks less like a promotional campaign and more like a structural moat. Dubbed Bybit Galaxy, the program ties together spot, derivatives, and likely other product lines under one loyalty umbrella, according to the official announcement. The language is vague on mechanics, but the intent is clear: make it harder for users to take their…

The move marks a notable reversal from the start of the year, when the curve was steepening, a sign markets were pricing in rate cuts, which were then cited as a tailwind for risk assets including cryptocurrencies. That tailwind now looks like it’s fading. Here’s why the curve matters Bonds serve as one of the channels through which monetary and fiscal policies are transmitted into markets and the economy. Hence, shifts in the bond market curve or spreads are often clearer and more reliable signals of impending policy changes than individual analyst commentary. The two-year yield moves closely with expectations…

Ethereum [$ETH] is bringing its ecosystem together as institutional interest in blockchain continues to grow. More than 100 participants have joined Ethereum Institutional to support wider enterprise adoption, rather than working separately. The group includes digital treasuries such as Bitmine and SharpLink along with Ethereum co-founders Joseph Lubin and Mihai Alisie. This coalition displays support from both industry leaders and Ethereum’s founding community. Source: X This coordinated approach makes it easier for banks, asset managers, custodians, and sovereign institutions to evaluate Ethereum. It also strengthens work around tokenization, stablecoins, and on-chain settlement. As more organizations align behind the same strategy,…

In brief Texas Tech has secured a $70 million, 15-year naming rights deal with Galaxy Digital to rebrand its football stadium. The partnership establishes Galaxy as the official digital assets partner and creates new NIL opportunities for student-athletes. This deal supports Galaxy’s strategic shift from crypto trading toward large-scale AI and high-performance computing infrastructure in Texas. Starting with the 2026 season, Texas Tech’s football stadium—currently Jones AT&T Stadium—will be rebranded Galaxy Stadium. Galaxy Digital, the Nasdaq-listed (GLXY) trading, asset-management and>The timing is convenient for the Red Raiders. Texas Tech just won the Big 12 and made the College Football Playoff.…

Injective ($INJ) has put forward a governance proposal for its Vulcan mainnet upgrade, now in the voting phase, with the network upgrade (version 1.20.0) scheduled for June 4. The update is designed to introduce a next-generation oracle engine that promises to reduce oracle gas fees by 90% while integrating Pyth Pro and SEDA oracles. What the Vulcan Upgrade Brings The Vulcan upgrade focuses on enhancing the efficiency and cost-effectiveness of Injective’s oracle infrastructure. By slashing oracle gas fees by an estimated 90%, the update aims to lower operational costs for developers and users relying on price feeds and external data.…

Coinbase CEO Brian Armstrong announced that the sweeping U.S. cryptocurrency regulation bill, the CLARITY Act, has entered the final stretch. “Clear rules are almost here — we’re on the one-yard line,” the head of the US crypto exchange wrote, sharing photos from his meetings with lawmakers on Capitol Hill. Armstrong called the preparation of the bill a genuine bipartisan effort and firmly stated the industry’s position: “It’s time to get CLARITY done.” Behind the Coinbase chief’s statement lies a severe time crunch: supporters of legalizing the crypto industry have only seven days left before the Senate leaves for its summer…