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.

BlackRock's income-paying bitcoin ETF nears launch at a fee that undercuts rivals

BitcoinAug 11

BlackRock is close to launching a bitcoin fund that pays an income. The world's largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the ticker BITA. The income comes from options. The fund holds bitcoin and shares of IBIT, BlackRock's $47 billion spot bitcoin ETF. Each month it sells call options on those IBIT shares. A call option gives the buyer the right to purchase the shares at a set price. The fund collects a fee, called a premium, for selling…

Ethereum Whale Adds Another $16.9M in ETH, Extending $227M Buying Spree

EthereumAug 11

An anonymous cryptocurrency whale has continued its aggressive accumulation of Ethereum, withdrawing another 9,000 $ETH—worth approximately $16.87 million—from the Gemini exchange, according to blockchain tracking platform The Data Nerd. This latest transaction brings the whale’s total purchases over the past month to roughly 121,000 $ETH, valued at about $227 million. Whale Accumulation Pattern The whale’s activity, which has been closely monitored by on-chain analysts, shows a consistent pattern of large-scale withdrawals from centralized exchanges. Such moves are often interpreted as a bullish signal, as they typically indicate that the investor intends to hold the assets long-term rather than trade them…

What is RippleX & Why Does it Matter for XRP Ledger?

AltcoinsAug 11

RippleX is the developer ecosystem team inside Ripple (@Ripple) that supports builders on the $XRP Ledger (XRPL). It is not a separate company and not a token, but the unit that writes tooling, proposes protocol upgrades, funds grants, and runs programs so outside developers can ship on XRPL faster. Here is the interesting part: the $XRP Ledger does not need Ripple's permission to run, yet a large share of what has shipped on the ledger since 2018 traces back to this one team. That makes RippleX one of the most consequential names in the $XRP ecosystem that casual holders rarely…

CLARITY Act Enactment Odds Hit 20% All-Time Low: Crypto Community Reacts

LegalAug 11

The chances of US lawmakers passing the CLARITY Act into law this year have hit a 20% all-time low on the Kalshi prediction platform. Despite passing the House in 2025 and the high expectations among crypto community members, unfolding events suggest that the bill, which currently lies in the Senate, is unlikely to pass before January 1, 2027. Source: X Delays in deciding on the CLARITY Act among US Senators have led to a steady decline in the probability of the bill’s passage. Opposing lawmakers have been stuck in arguments about sections of the bill, amid negotiations over issues including…

Kraken gave token holders a vote, and quietly solved tokenized equity’s biggest legal gap

ExchangesAug 11

A Jersey-law custody structure lets xStocks holders instruct real shareholder votes through an on-chain mechanism, closing a governance gap the tokenized equity industry has discussed for years but never shipped. When Kraken listed xStocks on June 30, 2025, the launch documentation was unusually candid about what the tokens did not do. Traders could not vote in shareholder meetings. Dividends were absent. The tokens were described as instruments for capturing price exposure, best suited to high-growth names like Nvidia and Tesla that paid no dividends anyway. Kraken had brought tokenized equity to retail holders across more than 110 countries. It had…

How Will Yesterday’s US CPI Data Affect Bitcoin and the Fed? JPMorgan and Expert Analysts Evaluate

BitcoinAug 11

Yesterday, US CPI data, which the Fed closely monitors when making its interest rate decisions, was released and came in at 4.2%. At this point, inflation in the US has officially risen above 4%, more than double the Fed’s ultimate target of 2%. This increases the likelihood of further Fed interest rate hikes. Related News BREAKING! Critical US Inflation Data Released! Here's Bitcoin's ($BTC) Initial Reaction! With rising oil prices due to the ongoing US-Iran war, inflation is expected to climb further, and according to JPMorgan, May’s CPI data may be near the peak of the inflation cycle. JPMorgan Chase…

Ethereum Whale Withdraws Another 50,000 ETH From Binance, Extending Accumulation Streak

EthereumAug 11

An anonymous cryptocurrency whale has moved an additional 50,000 Ether ($ETH), worth approximately $93.6 million, from Binance, according to on-chain data tracked by Onchain Lens. This latest withdrawal brings the whale’s total accumulation from the exchange to 90,000 $ETH, with 40,000 $ETH of that amount already staked. On-Chain Data Reveals Significant Accumulation The transaction was flagged by Onchain Lens, a blockchain analytics platform, which reported the whale’s address withdrawing the funds in a single move. The whale’s total holdings now reflect a deliberate strategy of moving assets off centralized exchanges, a practice often associated with long-term holding or staking intentions.…

The U.S. lost 23,000 jobs in July, far shy of forecasts for a gain of 80,000

RegulationAug 11

The U.S. labor market showed weakness for the second consecutive month in July, possibly giving the Federal Reserve room to hold rates in place despite high inflation. According to the government’s Nonfarm Payrolls Report released Friday morning, the U.S. lost 23,000 jobs last month. That was far below the consensus expectation of a gain of 80,000 jobs, and down from June’s addition of 20,000 (revised down from an originally reported 57,000). May’s job gains were also revised sizably lower — down to 63,000 from an originally reported 129,000. The last negative jobs print was in February, when the U.S. lost…

Aptos Labs Issues Urgent Hotfix for Mainnet Nodes

AltcoinsAug 11

Aptos Labs has released a critical hotfix, version v1.48.4, for its Aptos Node software on Mainnet. This urgent update requires validators and fullnodes to upgrade immediately to maintain network stability and security. The hotfix was made available via GitHub on July 22, 2026, addressing immediate infrastructure needs for the Aptos blockchain. This deployment follows Aptos Labs’ pattern of proactive maintenance. Hotfixes are typically deployed to address urgent issues in production environments, ensuring the continuous operation and integrity of the network. Node operators are routinely advised to update their software to the latest versions to remain synchronized with the network’s advancements…

Coinbase CEO Calls on U.S. Senate to Advance CLARITY Act Vote

LegalAug 11

Coinbase CEO Brian Armstrong has publicly urged the U.S. Senate to hold a vote on the CLARITY Act, a piece of legislation aimed at establishing a clear regulatory framework for digital assets. The call comes as the crypto industry faces increasing pressure from regulators and lawmakers to define how digital assets should be classified and overseen. What Is the CLARITY Act? The CLARITY Act, short for “Clearing Legitimacy and Advancing Regulatory Integrity for Tomorrow’s Yield,” is designed to provide a comprehensive market structure for digital assets. It seeks to distinguish between securities and commodities, clarify the jurisdiction of the Securities…