Author: NBTC

A noteworthy analysis regarding Bitcoin’s short-term outlook in the cryptocurrency market has been published. Research firm BIT predicts that the leading cryptocurrency could continue its correction movement for approximately the next two months, with the bottom likely to be reached in September. According to the company’s assessment, while July has historically been one of the periods with strong performance for Bitcoin, past market data shows that this rise is usually followed by a two-month correction. BIT analysts state that current market conditions point to a similar scenario. The analysis noted that the optimistic expectations surrounding the Genius Act, one of…

Bitmine Immersion Technologies (BMNR), the largest Ethereum treasury company, bought 27,084 ether ($ETH) last week, extending its accumulation streak despite another slide in crypto prices. The purchase, worth roughly $43 million based on $ETH’s current price of around $1,580, lifted Bitmine’s holdings to 5.7 million $ETH, according to a Monday company update. The stash is worth about $8.9 billion and represents roughly 4.7% of Ethereum’s circulating supply, nearing the firm’s 5% goal. The company also held 206 bitcoin, $555 million in cash and marketable securities and stakes in Beast Industries and Eightco Holdings, bringing total crypto, cash and investment holdings…

While Bitcoin experienced sharp declines in 2026, Jimmy Song, a Bitcoin Core developer and known maximalist, made important statements about $BTC and altcoins. At this point, Jimmy Song argued in his latest interview that Bitcoin is a better currency, not technology, and described all altcoins as scams. Jimmy Song states that the biggest misconception about Bitcoin is viewing it simply as a technology. He argues that Bitcoin should be understood not as a better technology, but as a better form of money. Song, while having unwavering faith in Bitcoin, is vehemently critical of altcoins. He cites Ethereum and Solana as…

The Tron network delivered a remarkable performance in June, reaching its highest levels ever in both active users and transaction volume. According to data shared by the on-chain data analytics platform Lookonchain, the network recorded record levels of user activity and transaction volume throughout the past month. According to the data, the number of active accounts on the Tron network reached an all-time high of 26.97 million in June. The total number of transactions conducted on the network during the same period was recorded as 385.77 million. Thus, Tron achieved its strongest monthly performance to date in terms of both…

The blog comes as the Senate races to advance the Digital Asset Market Clarity Act before lawmakers break for their August recess. While the bill cleared the Senate Banking Committee, negotiators are still trying to resolve several contentious issues, including ethics rules for senior government officials with crypto ties, liability protections for decentralized finance developers, stablecoin yield provisions and concerns from Senate Agriculture Committee Democrats. Industry groups remain optimistic that the legislation can reach the Senate floor in July, but analysts have warned that failing to pass it before the August recess would sharply reduce its chances of becoming law…

Building secure obfuscation has proved brutally hard. An ideal version was proven impossible in 2001, which sent researchers after the weaker iO target instead, a roughly two-decade effort littered with broken attempts. The recent good news is that iO can now be built under reasonable security assumptions. However, the downside is that the runtimes are, in Buterin’s word, “galactic,” efficient on paper but absurdly slow in practice. Buterin compared the moment to where SNARKs, the zero-knowledge proofs now central to Ethereum’s scaling, sat around 2010, before years of optimization turned them from a curiosity into working infrastructure. The suggestion is…

At 10 a.m. EST on June 28, 2026, bitcoin traded at $60,041 per coin. The timing is not coincidental. Across Deribit, Binance, and OKX, max pain levels converge near $60,000, meaning that is the price at which the largest number of options contracts expire worthless, inflicting the maximum financial pain on options holders. Futures Open Interest Falls Across the Board Total bitcoin futures open interest (OI) across exchanges stands at approximately $42.6 billion in USD terms, well below the cycle peak near $95 billion hit in late 2025. The decline in OI mirrors bitcoin’s price retreat from its all-time high…

Amid the ongoing crypto weakness, Ethereum [$ETH] remains underwater, down 20%-45% YTD. Despite this drawdown, the leading altcoin continues to draw institutional interest. SharpLink resumed purchases after eight months, adding 5,000 $ETH, worth roughly $7.88 million at an average price of $1,576, through FalconX. Moments later, the crypto treasury reinforced the inflow with another 26.324K LSETH worth $45.54 million. These purchases pushed Sharplink’s total holdings to 876,285 $ETH, including 22,102 staked tokens. Source: Arkham Although the treasury holds nearly $1.71 billion in unrealized losses, accumulation suggests conviction in Ethereum’s long-term utility and staking income. If broader institutions continue absorbing weakness,…

GameStop will continue to pursue its unsolicited eBay takeover, weeks after the e-commerce company’s board dismissed the initial $56 billion cash and stock proposal from the retail gaming company as not attractive and borderline insulting. The video game retailer confirmed that it remained dedicated to completing the deal and said “additional materials regarding the proposed transaction are forthcoming,” according to Reuters. The company had promised to release a detailed presentation covering the strategic rationale and operational plan for combining the two companies earlier in the week, but the document had not been published by Friday’s close. GameStop’s first eBay bid…

California’s Digital Financial Assets Law will take effect on July 1. It requires any firm conducting digital asset business activity with state residents to hold a DFAL license, and have a completed application on file with the DFPI, or cease covered operations. Right now, as of public records, no Ripple entity appears among applicants. $XRP price has fallen below the $1.10 level at this moment of uncertainty. DFAL covers the exchange of digital assets for fiat or other digital assets, their transfer between persons, custody, and the issuance of reserve-backed instruments. It maps directly onto Ripple’s California-facing operations: payments infrastructure,…