Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Rupee’s Six-Day Rally Could Give Indian Crypto Buyers a Hidden Advantage

The Indian rupee strengthened for a sixth consecutive session on Friday, closing at ₹95.35 against the US dollar, up 15 paise from Thursday’s ₹95.50 close, itself a 26 paise gain marking the fifth straight session of gains. Why the Rupee Keeps Rising Sustained RBI dollar selling combined with a shift in foreign portfolio investor behavior is reportedly driving the rally. FPIs bought ₹7,360 crore worth of Indian equities over the past three days, reversing a period of heavy selling. Analysts expect the rupee to trade between ₹95 and ₹95.60 near term, supported by a softer dollar and dovish Fed expectations.…

RegulationAug 17

Dash puts Zcash's Orchard privacy live on its mainnet

Dash, the decade-old payments coin, announced today that it activated a new privacy system called Orchard. The system uses Zcash’s zero-knowledge proof technology to hide transaction details. The launch comes at a difficult time for Zcash, which created the Orchard technology. The project is in the middle of fixing a serious bug that could have let attackers create fake Zcash tokens. What is different about Dash’s new privacy system? Dash has launched a new privacy system called Orchard that lets users send Dash without revealing the sender, receiver, or amount to the public. The old privacy method, PrivateSend, mixed coins…

AltcoinsAug 17

BIP-110 Splits Bitcoin as Rival Miners Clash at Block 961632

Rival Miners Split Bitcoin at Block 961632 Several monitoring sites, including forkwatch.tv and the web portal fork.observer, logged the chain split at block 961632 shortly after 4 p.m. EDT. On X, Mempool.space developer Mononaut wrote: “WE HAVE A BIP110 BLOCK. The race is on! Literally the entire rest of the network is still mining on the non-signaling chain tip though. Extremely divergent block templates, due to the differences in policy and the 40 minute wait between those blocks.” Difficulty Jumps as Competing Chains Collide The split landed at the exact moment Bitcoin underwent a difficulty adjustment, with mining difficulty climbing…

BitcoinAug 17

India Just Injected ₹1.09 Lakh Crore Into States. Could Crypto Benefit?

India’s Union government has released an additional ₹1,09,019 crore ($12.5 billion) in tax devolution to state governments. The early transfer gives states access to funds more than a week before the regular August payment. The move aims to accelerate infrastructure and development spending. However, the additional liquidity could also have indirect effects on financial markets, including cryptocurrencies. Centre Advances ₹1.09 Lakh Crore to States According to India’s Finance Ministry, the additional tax devolution was released on August 1, ahead of the regular monthly installment scheduled for August 10. The advance payment aims to strengthen state finances and accelerate capital expenditure…

RegulationAug 17

Is the Meme Coin Hype Over After 72% Crash?

The abrupt reversal in $CASHCAT has created both winners and losers across the market. One trader is sitting on more than $529,000 in unrealized gains from a short position. Meanwhile, others have suffered six-figure losses as the Robinhood Chain meme coin fell more than 70% from its recent high. Notably, trader 0xc36a opened a short position on $CASHCAT two days ago and has since accumulated $535,510 in unrealized profit as the token continued its steep decline. Trader 0xc36a account. Source: https://hypurrscan.io/ Long Traders Suffer Heavy Losses While short sellers benefited from the selloff, bullish traders were caught on the wrong…

AltcoinsAug 17

RLUSD's Next Big Move? Google and Mastercard Integration Fuel AI Payments

Chandler Fang, cofounder of t54ai, a company building an agentic economy on the $XRP Ledger, makes a prediction for Ripple USD ($RLUSD) stablecoin as agentic payments gain traction. According to Fang, given that $RLUSD natively supports x402 and all mainstream agentic protocols by Google and Mastercard, it has the potential to unlock hundreds (and, in the future, millions) of agentic merchants and services. $RLUSD natively support x402 and all mainstream agentic protocol by Google and Mastercard. Holding and using $RLUSD will unlock hundreds of (in the future millions of) agentic merchants and services. $RLUSD, the agent native stablecoin in Korea…

ExchangesAug 17

Is a price nuke ahead for Bitcoin’s price after rising OI meets soft spot demand?

A look at Bitcoin’s [$BTC] spot flows from exchanges revealed that $BTC worth $211.24 million moved into exchanges over the past week. On top of these inflows, analysis of the circulating supply in profit showed the market regime was between bottom discovery and liquidity accumulation. The market sentiment has been predominantly pessimistic in 2026. The Fear and Greed Index readings have ranged between 28 and 40, while Bitcoin has seen high short-term volatility since March. The $65K bottleneck has presented a considerable challenge to Bitcoin bulls lately. Additionally, capital inflows and fresh liquidity have been scarce. According to AMBCrypto, here…

BitcoinAug 17

Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction. Investors could lend money to Washington for seven years, collect regular interest, and lock in a return approaching 4.5% before the Federal Reserve announced its next rate decision. Bitcoin offered no comparable promise. It pays no contractual interest, can lose several percentage points in a day, and requires investors to believe future appreciation will justify the added volatility. The Treasury auction therefore raised Bitcoin’s hurdle…

RegulationAug 17

The good and the bad of perps, according to crypto traders

Talk about crypto trading with any savvy trader, and the first thing that comes up these days is perpetual futures, or “perps” — derivatives contracts that allow traders to control a much larger position than the money held in the account. Perps work like standard futures, but with one key advantage: there is no expiry. While bitcoin and ether traders can dabble in spot, futures, options, perpetual futures and even structured products, for traders of other altcoins, perps are perhaps the only avenue for derivatives available to them. Dated futures (those with expiry) for altcoins are illiquid, and the spot…

ExchangesAug 17

Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline

Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The original meeting date fell two days after the stated July 29 redemption deadline. DAAQ said in a July 31 filing that it would continue soliciting proxies but gave no reason for the delay. The postponement did not automatically reopen redemptions. DAAQ's final prospectus says investors could withdraw a redemption request through the deadline and afterward only with the company's consent before closing. The…

RegulationAug 17