Author: NBTC

Bitcoin continues to test investors’ nerves. While the price of the leading cryptocurrency slides toward local lows in the $62,400–$63,600 area, testing the important 200-week moving average, a powerful countertrend move is forming in the derivatives market. According to a fresh report from Glassnode, large players on the decentralized exchange Hyperliquid have launched a large-scale campaign to buy the dip. While the $BTC price chart continues to revisit local lows, the net volume of long positions on Hyperliquid, on the contrary, is steadily growing and has reached yearly highs. The main attraction of the week lies in the phenomenal stubbornness…

Tensor HQ recently made a notable announcement on Twitter, declaring that NFTs are forever. This statement has resonated with the community, evidenced by the tweet accumulating 82 likes and 23 retweets. The engagement highlights a growing interest in the $NFT space, particularly within the Tensor HQ community. The Story So Far The broader crypto market is currently showing mixed signals, which reflects varied momentum across major assets. In this context, Tensor HQ’s tweet about NFTs being eternal has sparked a surge of interest and engagement from its followers. This tweet aligns with ongoing conversations about the resilience of digital assets…

Solana’s official X account posted a redesigned image of Ferrari’s new Luce EV in the blockchain’s signature purple-to-teal gradient, captioning it “Fixed it.” The post landed hours after Ferrari unveiled the Luce in Rome as RACE stock fell more than 6% on the day. The fix was aesthetic rather than mechanical. Solana rebranded the car in its own colors, a playful flex that positioned the protocol as a cultural presence alongside one of the world’s most recognizable car brands. Ferrari’s $640,000 Electric Debut Falls Flat With Investors Ferrari unveiled the Luce, Italian for light, in Rome on May 25. The…

BitMEX co-founder Arthur Hayes has publicly denied purchasing the $HYPE token, pushing back against an on-chain analytics report that suggested otherwise. The denial, posted on X (formerly Twitter), came shortly after Onchain Lens reported that Hayes had withdrawn 33,979 $HYPE — worth approximately $2.09 million — from the exchange Bybit. What Happened: The On-Chain Report and the Denial On March 25, 2025, blockchain analytics platform Onchain Lens published a post stating that a wallet linked to Arthur Hayes had withdrawn a significant amount of $HYPE tokens from Bybit. The report quickly circulated across crypto social media, prompting speculation about Hayes’…

The Income Tax Return (ITR) filing deadline in India is coming closer, with investors having little room for mistakes. Before filing your ITR, you have to pay extra attention to how to report your digital asset transactions. Although India now has comprehensive crypto tax regulations, many investors are still unaware of these rules. Whether you have traded Bitcoin, participated in an airdrop, or bought an $NFT, you have to stay compliant with India’s crypto tax rules. Understanding India’s Crypto Tax Rules and ITR Filing In 2022, the Indian government introduced crypto tax rules, including cryptocurrencies and other virtual assets (VDAs)…

Global cryptocurrency exchange MEXC has published its July proof-of-reserves report, audited by blockchain security firm Hacken, revealing a notable increase in its Bitcoin reserve ratio. The report shows MEXC’s $BTC reserve ratio reached 281%, up 12 percentage points from 269% in June. Key Findings from the July Report According to the audit, MEXC maintains reserve ratios well above 100% for all major assets. The $USDT reserve ratio stands at 119%, $USDC at 115%, and $ETH at 114%. These figures indicate that the exchange holds significantly more assets in reserve than customer liabilities, a standard practice for demonstrating solvency and transparency…

Bitcoin continued to trade under pressure on Monday as weakening market participation and persistent exchange outflows reinforced a cautious outlook for the cryptocurrency. Despite a recent rebound from key support levels, technical indicators suggest that bulls still face significant obstacles before regaining control of the broader trend. The cryptocurrency traded near $62,854, remaining below its major exponential moving averages. This positioning highlights continued bearish sentiment across the market. Moreover, Bitcoin has struggled to recover from its sharp decline following the May peak near $82,833. The selloff established a clear pattern of lower highs and lower lows, which continues to favor…

Jupiter’s Gacha platform recently reported $20M in volume generated in less than 10 days. This notable achievement, highlighted by the CryptoTwitter commentator @JupiterExchange, underscores a resurgence of collector interest in the $NFT space. The implications of this momentum could signal further growth opportunities for the platform. The Story So Far The broader crypto market currently reflects mixed signals, with varying momentum across key assets. However, Jupiter’s impressive Gacha volume indicates a specific uptick in collector engagement, suggesting renewed enthusiasm for $NFT ecosystems. This surge in activity may influence market dynamics, drawing more participants and increasing overall liquidity in the space.…

The combination of an age-old UFO enigma in America with the crypto world has led to the holding of Bitcoins in Roswell, the capital of New Mexico, USA. In this regard, on-chain analytics company Arkham Intelligence has drawn attention to the entity that apparently holds 0.173 $BTC, worth $13,312.52. The timing and location of the event seem to have sparked discussions suggesting that aliens might be quietly collecting their Bitcoin hoard. Roswell’s UFO legacy revisited through Bitcoin Roswell became a global interest in 1947 when the United States Air Force issued a report stating that they found a “flying disc”…

A Solana-based memecoin tied to the upcoming World Cup has seen a dramatic price increase over the past 48 hours. The token, WORLDCUP, surged approximately 130%, with its market capitalization climbing to $9.5 million before settling around $8.8 million, according to BlockBeats. Rally Coincides with Tournament Proximity The rally began over the weekend, drawing attention from crypto traders and sports fans alike. The World Cup is scheduled to kick off on June 12, which may be contributing to speculative interest in the token. While the coin has no official affiliation with FIFA or the World Cup organizing body, its name…