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.

Bitcoin Takes 10 Bearish Blows in 2026 Yet Faces Its Mildest Bear Market

BitcoinAug 13

The leading crypto asset by market cap, bitcoin ($BTC), reached climbed over the $126,000 mark in early October before entering a prolonged decline. By August, it was trading mostly between $63,000 and $65,400, leaving buyers near the peak with heavy losses but producing a bear market that remains unusually shallow by bitcoin’s historical standards. Previous major downturns have routinely erased more than 75% to 80% of bitcoin’s value from the all-time high (ATH). To many veterans, this bear market still feels like a nothingburger. War and Oil Fail to Crack Bitcoin Few assets have had an easy macroeconomic backdrop in…

Ether.fi rolls out next-generation neobank services

DeFiAug 13

Ether.fi, one of the leading crypto neobanks, announced its Summer release, the next generation of its fintech product. The expansion will bring tools for savings, earning, trading, borrowing, and seamless spending, aiming to replace traditional banking services. The Summer release will use the capabilities of decentralized systems, going beyond the possibilities of traditional finance and not just replicating its services. The latest Ether.fi release will tap the latest trends in on-chain trading, to include tokenized stocks, metals, and the most active crypto assets. The user-facing app will integrate Aave, allowing users to lend their assets and borrow against their portfolio…

Ethereum price faces $1,850 risk after $1,900 loss

EthereumAug 13

Ethereum price fell 2.4% from $1,918 to an intraday low of $1,872 as traders sold the initial U.S. inflation reaction, leaving $ETH below $1,900 and testing a key daily support zone. Ethereum price action today According to data from crypto.news, Ethereum ($ETH) price traded near $1,879 at the time of writing after falling from an intraday high around $1,918 to $1,872. The decline erased the token’s initial response to the latest U.S. Consumer Price Index report and returned $ETH below the psychological $1,900 level. The U.S. Bureau of Labor Statistics reported that headline inflation rose 0.1% month over month and…

Russia legalizes crypto, but 69% see no practical use

RegulationAug 13

Nearly seven in ten Russians surveyed could not identify a practical reason to use cryptocurrency, even as the country prepares to open a regulated market for digital assets. A Rambler&Co survey published by TASS on Aug. 4 found that 69% of respondents saw no personal use case for crypto following legalization. Only 8% mentioned paying for foreign purchases, while 6% selected long-term investment and savings diversification. Another 4% cited business transfers and transactions. The findings arrived as President Vladimir Putin signed Russia’s new federal law “On Digital Currencies and Digital Rights” on Aug. 4. The law creates regulated channels for…

Selini Capital Moves to Unstake $31.7 Million in HYPE After Dreamcash Market Shutdown

AltcoinsAug 13

Crypto venture capital firm Selini Capital has initiated the unstaking of 504,000 $HYPE tokens, valued at approximately $31.7 million, according to data shared by Markets Alpha on X. The move follows the firm’s decision to close the Dreamcash market, a perpetual futures market it deployed on Hyperliquid’s HVM using the HIP-3 protocol. Background of the Unstaking Request The address involved, beginning with 0xffa8, was originally used to deploy the Dreamcash market under the HIP-3 framework. HIP-3 is a system on Hyperliquid’s HyperVM (HVM) that enables any user to create perpetual futures markets. Selini Capital had staked the $HYPE tokens as…

Taiwan plans Travel Rule for domestic crypto transfers from October

LegalAug 13

Taiwan’s financial regulator plans to require crypto platforms to transmit customer information on all domestic platform-to-platform transfers starting in October. On Tuesday, the Financial Supervisory Commission said its proposed amendments would apply the Financial Action Task Force’s (FATF) Travel Rule regardless of value. Transfers exceeding 30,000 New Taiwan dollars (about $930) would trigger additional data requirements, including an individual sender’s date of birth and residential address, or a corporate sender’s official identification number and registered address. Receiving VASPs would also be required to compare beneficiary information supplied by the originating platform with their own records. The FSC plans to extend…

Coinbase Announced It Has Delisted 6 Altcoin Trading Pairs

ExchangesAug 13

Coinbase, the largest cryptocurrency exchange in the US, announced it will delist six trading pairs to improve market health and concentrate liquidity in a smaller number of trading pairs. No further details were shared regarding the reasons for the delisting. According to an announcement by Coinbase Markets, trading on the LSETH-ETH, $MINA-EUR, $GRT-GBP, $MASK-GBP, $CHZ-$USDT, and $CRO-$USDT trading pairs will cease on August 6, 2026. Related News Jim Cramer Announced That He Will Sell All of His Bitcoin The exchange announced that the assets in question will continue to be supported, but the specified trading pairs will no longer be…

Riot Platforms Sells 4,300 BTC to Fund Operations

MiningAug 13

Riot Platforms, one of the largest publicly traded Bitcoin miners, sold 4,300 $BTC during the second quarter to help fund operations and its expanding data center business, according to the company’s latest earnings report. What Riot Still Holds Despite the sale, Riot still holds a substantial Bitcoin treasury. Riot still holds 11,380 $BTC, worth close to $666 million at the June 30 price, based on Bitcoin’s closing price of $58,527 that day. Of that total, 5,821 $BTC is currently pledged as collateral. The company ended the quarter with more than $1.2 billion in total liquid assets, including $548.9 million in…

Luke Dashjr removed as Bitcoin BIP editor after controversial BIP-110 fork stalls

BitcoinAug 13

Luke Dashjr, one of the key proponents of BIP-110 soft-fork attempt, has been removed from his position as an editor of such proposals for the development of the Bitcoin network. The motion’s forwarding and subsequent carrying followed shortly after the controversial BIP-110, an attempt to temporarily restrict use of the Bitcoin network for non-financial purposes, stalled almost immediately after entering a signaling period for miners and node operators to demonstrate their support. Dashjr, who was one of the most prominent Bitcoin developers driving the BIP-110 initiative, was accused of abusing his editorial authority in doing so, such as attempting to…

XRP Holders Can Now Trade Options Using Flare’s FXRP as Collateral

DeFiAug 13

In brief Derive now accepts Flare’s FXRP as collateral for $XRP options and perpetual futures. Users can trade through their own wallets without relying on a centralized exchange. Options settle in $USDC, exposing traders to margin and liquidation risks. $XRP holders can now use Flare’s FXRP as collateral to trade options and perpetual futures on decentralized exchange Derive, Flare announced on Thursday. According to Flare, users mint FXRP, a token representing $XRP on the Flare blockchain, through its FAssets bridge that converts tokens like Bitcoin, $XRP, and Dogecoin into ERC-20 tokens on the Flare network. They can then deposit the…