Author: NBTC
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may finally be approaching a turning point. While rumors are swirling that the SEC might dismiss the case today, experts advised not to jump to conclusions just yet. What’s Happening? Both Ripple and the SEC are currently in a legal holding pattern. The case is being held in abeyance (on pause) by the Second Circuit Court of Appeals, while everyone waits to see what the SEC will decide next. The court has asked the SEC to file a status update by August 15, 2025. Until then, nothing…
Cryptocurrency exchange giant Coinbase has revealed that XRP accounted for more of its trading revenue than Ethereum (ETH) in the second quarter of 2025. The XRP surprise in Coinbase’s Q2 Earnings 👀 https://t.co/Uk6IUP5mHk — Ryan Rasmussen (@RasterlyRock) July 31, 2025 Overall, the exchange recorded $764 million worth of revenue tied to transactions, which is slightly below analysts’ estimates. XRP’s big revenue share The Ripple-linked token had a 13% share of Coinbase’s transaction revenue. This places it in second place behind only Bitcoin, which had a 34% share. ETH, despite logging impressive price gains in the second quarter, comes in third…
The world of cryptocurrency is always buzzing with activity, and few areas capture attention quite like Bitcoin mining. It’s the engine that powers the entire Bitcoin network, creating new coins and validating transactions. Recently, a significant player in this space, Bitdeer, shared some exciting news that highlights the dynamic nature of digital asset accumulation. This development offers a fascinating glimpse into the operations of large-scale miners and their impact on the broader crypto ecosystem. Bitdeer, a prominent Bitcoin (BTC) cloud mining company, recently announced via X that it successfully mined a total of 63.1 BTC over the past week. This…
Strategy (MSTR), the largest publicly traded company holding bitcoin , increased its BTC reserves by acquiring 4,225 BTC for a total of $472.5 million last week.This latest addition brings Strategy’s total bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an average acquisition price of $71,268 per coin. At bitcoin’s current market price of around $121,500, the company’s BTC stack is valued at approximately $73 billion. Strategy financed the purchase through $330.9 million of net proceeds from common share sales under its at-the-market program, along with $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and…
Key highlights: Ethereum price nears towards the resistance level of $4,100 after a steady increase from the $2,400 level in early 2025. The record high open interest and solid uptrend momentum are cited by analysts as indicative that ETH may be about to breakout. A successful close above $4,100 would set the stage for $4,800–$6,000, this being according to technical predictions and prior trend configurations. Ethereum price prediction: Bulls eye $4,800 as ETH tests key resistance near $4,100 Ethereum is approaching key resistance levels at $4,100 after weeks of consistent gains. The move follows a breakout from a multi-month wedge…
Key Takeaways The Bank of England is reconsidering the need for a digital pound as private sector payment innovations advance. Global enthusiasm for retail central bank digital currencies is waning due to privacy concerns and industry alternatives. The Bank of England (BoE) is reassessing its plans for a digital pound, as officials question whether launching a new form of money is worth the effort, especially with the private sector rapidly advancing payment technologies. The Bank of England has been exploring the idea of a digital pound, often dubbed a “Britcoin,” as a government-backed digital version of the British pound. However,…
Crypto-skeptic US Senator Elizabeth Warren has led a letter to the Office of the Comptroller of the Currency expressing concerns over potential conflicts of interest involving the Trump family’s crypto business interests. Warren, along with Senators Chris Van Hollen and Ron Wyden, said in a letter to OCC head Jonathan Gould on Thursday that they’re concerned over “Trump and his family’s continued use of cryptocurrency business ventures to line their pockets.” They requested information on the steps the OCC will take to ensure that President Donald Trump’s “financial conflicts of interest do not influence the OCC’s efforts to ensure the…
In the fast-paced world of cryptocurrency, staying informed about critical updates is not just recommended, it’s essential. One such vital announcement comes from South Korean crypto giant Bithumb, signaling a temporary halt in services for the ZRC token. This isn’t just a minor blip; it’s a proactive measure designed to safeguard your assets and ensure the smooth evolution of the underlying blockchain technology. Understanding the implications of this Bithumb ZRC suspension is paramount for every token holder. What Does the Bithumb ZRC Suspension Entail? Bithumb, a prominent player in the global cryptocurrency exchange landscape, has officially communicated a temporary suspension…
Bitcoin has outpaced traditional benchmarks since 2020, registering gains exceeding 1,500%, while gold advanced roughly 115% and the U.S. Dollar Index remained nearly flat. The divergence in asset performance reflects a period of monetary expansion, persistent inflation concerns, and evolving perceptions of scarce, non-sovereign assets as institutional investors and sovereign entities re-evaluate reserves and portfolio allocations. Bitcoin climbed from price levels near $7,700 in early 2020 to intraday highs around $123,164 today, driven partly by a weak dollar and spot exchange-traded funds in the United States that removed barriers to institutional participation. As BlackRock’s iShares Bitcoin Trust exceeded 700,000 BTC…
Ethereum’s price is very close to making a new high in 2025, following Bitcoin’s recent record-breaking run. However, there are some signs of caution, as the market might be overheated, as momentum indicators suggest. Therefore, while the market structure is still bullish, this might not be a good time to buy ETH due to its riskiness. Technical Analysis By ShayanMarkets The Daily Chart As the daily chart shows, ETH’s price has been rallying aggressively since its rebound from the $2,100 support level. It has since broken above both the 100-day and 200-day moving averages. These daily MAs, located around the…