Author: NBTC

The value of crypto-related investments held by Ivy League university Dartmouth College’s $9 billion endowment fell by more than $2 million in three months. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $12.4 million worth of the Bitwise Solana staking exchange-traded fund (ETF), the Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF as of June 30. The endowment held the same number of shares of each ETF, but the overall value dropped by about 15% since it reported holding $14.6 million as of…

Bitcoin.com has partnered with Universal Digital Intl. Limited to add UAE-regulated USDU to its self-custodial wallet, giving users access to a dollar-backed stablecoin with monthly reserve attestations. Bitcoin.com said USDU will be supported across its web and mobile wallet as an ERC-20 token on Ethereum, allowing users to hold, send, and receive the stablecoin while keeping control of their private keys. The integration brings USDU into a wallet used by millions of users globally and will also allow the token to be used for designated Bitcoin.com services. Bitcoin.com and Universal plan to work on USDU payments between users and merchants…

Bitcoin has spent weeks oscillating between roughly $60,000 support and $66,000-$67,000 resistance, frustrating both bullish and bearish traders. Even with all the macro news and ETF developments, the market has failed to establish a sustained trend. However, this points to an important lesson: some of the biggest trading losses occur not during crashes or rallies, but when investors mistake noise for a new trend. Why has Bitcoin Remained Trapped Between $60k and $67k? Buyers keep showing up when Bitcoin dips toward the bottom of its range, and sellers cash out when it nears the top, keeping things in a kind…

Former senior Fed advisor Jon Faust said he does not expect the Fed to raise interest rates at its Federal Open Market Committee (FOMC) meeting, which concludes today. Faust shared the view that the Fed would not try to gain credibility by deliberately surprising the market. In his assessment today, Faust noted that Fed Chairman Kevin Warsh has used strong rhetoric about restoring price stability but has largely failed to share details on how he plans to achieve it. Faust stated that this communication gap led to different scenarios being put forward in the markets, drawing attention to comments suggesting…

Crypto presales remain one of the earliest ways to invest in new blockchain projects, but they also carry some of the highest risks. Every year, investors lose funds to fake websites, unaudited contracts, and projects that never deliver after raising capital. As new crypto presales launch across Ethereum, Solana, Bitcoin Layer-2s, and $BNB Chain, understanding how to evaluate them has become just as important as finding the next opportunity. What to Check Before Buying Any Crypto Presale A good presale starts with transparency rather than promises of large returns. Before connecting a wallet or sending funds, investors should verify that…

In brief Ireland published its first National Anti-Money Laundering Strategy on Thursday, with crypto-asset rules among the reforms it sets out. The final elements of the EU Transfer of Funds Regulation will bring enhanced checks on transfers involving private crypto wallets and stricter due diligence on overseas crypto firms. The strategy builds on a 30-point action plan published in June that promised enhanced safeguards around crypto-assets and digital finance. Ireland published its first national anti-money laundering strategy on Thursday, including crypto measures targeting wallets held outside regulated firms. Most of the EU Transfer of Funds Regulation has already been implemented…

China has tripled the number of banks participating in its digital yuan network this year, bringing the total to 30 lenders, up from 10 at the beginning of the year. The central bank added eight new lenders, including Ping An Bank, Hengfeng Bank, Bank of Shanghai, and Bank of Hangzhou, this week. The banks have connected to the central e-CNY system but will start offering services only after completing operational and technical preparations. This was the second expansion this year. The People’s Bank of China (PBOC) added 12 institutions in April, increasing the total to 22 before the latest eight…

The U.S.-listed spot bitcoin exchange-traded funds have pulled in $754.69 million in investor funds this week, according to data source SoSoValue. That puts these funds on track for their best week since April. “The clearest shift has come in institutional flows,” Liya Kalchev, Analyst at Nexo, said, explaining the ETF inflows. “Spot Bitcoin ETFs have taken in more than half a billion dollars so far in August, with inflows building through the week and Wednesday alone contributing over $240 million — a sharp reversal from June, when the funds recorded their worst month on record,” Kalchev added. Note that despite…

Paxos-issued $USDG, a dollar-pegged stablecoin regulated by Singaporean authorities, has reached $929.2 million in decentralized finance (DeFi) deposits, according to data cited by Crypto Briefing. The figure represents roughly one-third of $USDG’s circulating supply, which stands at approximately $3 billion. On-Chain Expansion and Regulatory Backing $USDG’s rapid adoption in DeFi protocols underscores a broader trend of regulated stablecoins gaining traction in decentralized applications. Unlike many competitors, $USDG operates under the oversight of the Monetary Authority of Singapore (MAS), providing a compliance framework that appeals to institutional and retail users alike. Paxos, the issuer, has positioned $USDG as a transparent and…

Bernstein cut its price target on Circle Internet Group ) to $140 from $190 Wednesday but kept its Outperform rating, saying the Open USD consortium threat that hammered the stock will fade. Why Bernstein Cut The Target But Kept The Bull Case? Analyst Gautam Chhugani said in the note cited by The Block that Circle’s second quarter came in broadly flat, with $USDC supply ending Q2 at roughly $73 billion, down from $77 billion in Q1. Bernstein slashed its end-of-2026 $USDC supply estimate by 37% to $83 billion and its 2028 figure by 40% to roughly $170 billion, cutting its…