Author: NBTC

A Monday rally during the U.S. trading day put an end to what had been very muted crypto price action over the previous 72 hours, pushing bitcoin (BTC) above $68,000 for the first time in more than five weeks. At press time, the world’s largest crypto was changing hands at $68,250. Leading the rally in crypto was Solana’s (SOL), which has gained 7% over the past 24 hours, also to more than a five-week high. That outperformed both bitcoin’s 2.6% advance and the CoinDesk 20’s 2.8% rise. Read more: Solana’s SOL Could Hit $200 By Month End, Hedge Fund Founder…

The Ethereum price has been dropping since getting rejected from the $4,000 resistance level. In the past 24 hours, the selling intensified and the bears are seemingly targeting the important resistance level at $3,000. Technical Analysis By TradingRage The Daily Chart The daily chart shows that the price has dropped below the $3,600 level and is rapidly approaching the $3,000 support zone. The 200-day moving average is also around the $3,000 mark, further boosting the importance of this level. The Relative Strength Index has dropped below 50%, indicating that the momentum has shifted bearish. If the $3,000 level breaks down,…

Sygnum, the global digital asset group, has formed a new partnership with over 20 banks, offering a third of the population of Switzerland its regulated crypto services. Switzerland: Sygnum and 20 other banks together to offer crypto services Switzerland: Sygnum together with 20 banks to extend the adoption of crypto The opening of Swiss banks to the crypto sector Switzerland: Sygnum and 20 other banks together to offer crypto services The B2B banking platform of Sygnum Bank has announced that it has formed a new partnership with over 20 banks and international financial institutions. Now, a third of the population…

Meme coin BabyDoge, a rival of the two largest meme cryptocurrencies by market capitalization size – Dogecoin and Shiba Inu – has reported through its official X account that it has scored a major new listing. BabyDoge goes live on Toobit In light of this listing, the meme coin price went up by almost 4% today. However, a small decline pushed it back down and, as of this writing, BabyDoge is changing hands at $0.000000001927. BabyDoge has been listed on the Toobit crypto exchange – the 29th-ranked crypto trading platform, according to the CoinMarketCap scale. Currently, this exchange has a…

The Financial Supervisory Service (FSS) has emphasized that it is not directly involved in the listing review process. As the Virtual Asset User Protection Act implementation approaches, panic selling has surged among investors. Financial authorities in South Korea are set to begin a quarterly review of 600 domestic virtual assets next month. This impending review has sparked fear-driven selling among investors. Reports that numerous altcoins might be delisted under new regulations have fueled this panic. On June 18, Upbit reported that prices of roughly half of the coins listed on the KRW market had dropped between 10% and 20% due…

Some crypto options traders are bullish on a declining market by purchasing call options on Ethereum’s native token, Ethereum (ETH), despite its recent decline. Ethereum Investors Invest in $4K Options in Expectation of Record High According to Amberdata, investors are actively purchasing Ethereum call options on the Deribit exchange with a $4,000 strike price expiring in September. A call option allows the owner to purchase the underlying asset at a specific price within a specific time period. By purchasing these call options, investors are betting that the price of Ethereum will rise above $4,000 before the options expire. “Looking at…

With the recent approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator, Hitachi Payment Services is set to begin a new chapter in India’s financial technology narrative, one that promises to enhance the versatility and reach of digital payments across the nation. Hitachi Payment Services has long been a cornerstone in India’s digital payment infrastructure, processing over 2.5 billion digital transactions annually for leading banks and fintech firms. This new authorization allows the company to offer an expanded suite of payment options, including UPI, Netbanking, Cards, and Wallets, alongside innovative services such as EMI,…

Shiba Inu ecosystem marketing lead Lucie considers Shiba Inu as well as its ecosystem tokens BONE and LEASH to be 100% safe. Lucie made this assertion in a recent post on X, noting that she disclosed this to individuals asking her for recommendations on assets that are completely safe for investments. According to her, each time she received this question over the last week, she mentioned SHIB, BONE and LEASH. Whoever asked me in the past week what they should buy to be 100% safe in crypto, I said, ‘Buy $SHIB $BONE or $Leash .’True story 🤗 nfa pic.twitter.com/3YepPZR1oj —…

Kanav Kariya, the President of Jump Crypto, announced his resignation four days after reports surfaced that the Commodity Futures Trading Commission (CFTC) was investigating its Jump Trading subsidiary’s activities. Kariya stated, “Today marks the end of an incredible personal journey for me. It’s my last day at Jump, a moment I’m receiving with both a heavy heart and great excitement about the road ahead[…] I’m confident that Jump Crypto will continue to do great work in the industry.” Jump Crypto, a digital asset arm of the Chicago-based trading firm Jump, has reportedly come under scrutiny from the CFTC for its…

Investment management firm VanEck has set a fee of 0.2% for its proposed spot ether exchange-traded fund, Reuters reported. This announcement, detailed in a US Securities and Exchange Commission (SEC) filing, comes at a time of significant regulatory advancements for cryptocurrency ETFs. Last month, the SEC approved applications from major exchanges such as Nasdaq, CBOE, and NYSE to list ETFs tied to the price of ether, the second-largest cryptocurrency by market capitalization. This important approval could allow these products to begin trading by the end of the year, offering new opportunities for investors. VanEck is one of nine issuers, including…