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’s Next Move Depends on Its Breakout From a Tight Range—Analysts

BitcoinAug 10

Bitcoin analysts observing the cryptocurrency’s recent behavior think a major move is imminent, but the direction of the move is yet uncertain. Bitcoin’s Symmetric Triangle Renowned cryptocurrency technical analyst, Ali Martinez, says Bitcoin is bound to break out of a symmetrical triangle soon. The analyst highlighted a pattern on Bitcoin’s 4-hour chart, showing how the cryptocurrency is testing the upper boundary of the triangle just below $63,000. A breakout is imminent for Bitcoin $BTC. I'm watching a symmetrical triangle, with resistance at $63,000 and support at $61,000 to determine the direction of the next move. A decisive hourly close outside…

Canary Funds Submits New Amendment for $TRXS ETF as SEC Movement Looms

AltcoinsAug 10

In a significant update for Tron supporters, James Seyffart announced that @CanaryFunds has filed its third amendment for the staked Tron ETF, which will trade under the ticker $TRXS. The amendment comes without any associated fees and signals potential movement with the SEC, as detailed in Seyffart’s tweet. The Story So Far The broader crypto market remains mixed, with various assets displaying fluctuating momentum. The filing of this ETF amendment by Canary Funds could be indicative of underlying shifts, especially as the SEC continues to evaluate cryptocurrency-related financial products. This development may attract attention from investors and traders, particularly those…

France Pushes Bill to Share Crypto Tax Data With 48 Nations

LegalAug 10

France Seeks Automatic Exchange of Crypto Data With New Bill France is tightening its oversight over crypto users, seeking to gain a larger degree of control and visibility on crypto operations. On July 17, Jean-Noël Barrot, the French Minister for Europe and Foreign Affairs, introduced text 921 in the Senate, seeking the implementation of a multilateral agreement to enable the automatic exchange of information as part of the Crypto-Asset Reporting Framework (CARF) developed by the Organization for Economic Co-operation and Development (OECD). The bill seeks to enshrine the CARF framework as law in France, enabling the exchange of specific crypto…

BDACS to Pilot KRW1 Stablecoin Payments at Life4Cuts Photo Booths

ExchangesAug 10

BDACS, a South Korean digital asset custodian, announced on Aug. 10 that it has signed a memorandum of understanding with cryptocurrency payment firm ZEKTO and LK Ventures, the operator of the self-photo booth brand Life4Cuts, to introduce a won-denominated stablecoin payment system. The pilot program will integrate BDACS-issued KRW1 stablecoin into payment and settlement processes at Life4Cuts offline retail stores, according to Yonhap News Agency. Stablecoin Payments Move Into Everyday Retail The collaboration marks one of the first attempts to bring a regulated, won-pegged stablecoin into a mainstream consumer setting in South Korea. Life4Cuts operates hundreds of self-photo booths across…

Is a $3,000 Breakout Finally Around the Corner?

EthereumAug 10

Ethereum ($ETH) is trading above $1,900 after reclaiming its long-term downtrend, putting the $3,000 level back in focus. While some analysts expect a slower recovery, prediction markets and technical indicators suggest $ETH could continue moving higher. When Will $ETH Price Hit $3000? #Ethereum / $ETH Still don't believe we see above $3K again until 2027. This is one where I'd honestly love to be wrong. You can countertrade me on Kalshi perps here ➡️ https://t.co/8O9rYuaiGf https://t.co/YflXt82QVY pic.twitter.com/HRE7JbONW1 — K A L E O (@CryptoKaleo) August 6, 2026 Crypto analyst Kaleo said he does not expect Ethereum to trade above $3,000…

Worldcoin Price Tumbles After $52.5M Funding Deal—Here’s What Happened

AltcoinsAug 10

Worldcoin price tumbled nearly 10% after the World Foundation closed a $52.5 million institutional funding round, shifting investor attention from long-term expansion to near-term token supply. While the Pantera Capital led-investment is set to accelerate the rollout of the project’s AI-powered World ID ecosystem, traders reacted to the accompanying $WLD token sale and renewed supply concerns. The sharp decline has also pushed $WLD below a key support level, putting the token’s recovery at risk. World Foundation Secures $52.5M to Scale World ID The World Foundation confirmed it had raised $52.5 million through a private sale of $WLD tokens to institutional…

White House crypto adviser blasts Senate Democrats as CLARITY Act hits September deadline

LegalAug 10

White House crypto adviser Patrick Witt called out Democrats for stalling the CLARITY Act’s progress. On X, he accused them of orchestrating a total blockade against a minor procedural vote on the bill prior to the August recess. He contended, “Chuck Schumer and the “pro-crypto Democrats” pulled out all the stops to block a mere procedural vote on the bill before recess, demanding yet another extension.” His remarks come after a lengthy overnight voting session where the bill missed its pre-summer vote, leaving it with low chances of passing in September. This Saturday, nonetheless, Republican John Thune, filed a motion…

Six New Tokens Added for BTC and USDT Trading

ExchangesAug 10

South Korean cryptocurrency exchange Upbit has announced the addition of six digital assets to its trading platform. Cysic ($CYS), Impossible Cloud Network ($ICNT), Anoma ($XAN), OpenEden (EDEN), $AIOZ Network ($AIOZ), and Allora ($ALLO) will be available for trading against Bitcoin ($BTC) and Tether ($USDT). The listings are scheduled to go live at 5:00 a.m. UTC today. Details of the New Listings According to Upbit’s official announcement, all six tokens will be paired with both $BTC and $USDT, providing traders with direct access to these assets against two of the most liquid trading pairs on the exchange. The move reflects Upbit’s…

“The Company Will Sell BTC If Necessary”

BitcoinAug 10

Michael Saylor, founder of Strategy, one of the world’s largest institutional Bitcoin investors, has clarified the long-debated “never sell” adage. Speaking at a Bitcoin event in Prague, Saylor stated that the company could sell some of its Bitcoin holdings if deemed necessary, emphasizing that his past statements were directed at individual investors. Responding to criticism directed at him on social media, Saylor stated that he never said Strategy would never sell its Bitcoins. The renowned executive explained that the “never sell” advice pertains to individual investors’ long-term investment strategies, while a publicly traded company has different financial responsibilities. In his…

Ethereum price clears key averages in push toward $2,000

EthereumAug 10

Ethereum price traded near $1,918 on Friday after reclaiming $1,900, as spot ETF inflows and improving short-term momentum supported another test of overhead resistance. Ethereum price action today According to data from crypto.news, Ethereum ($ETH) price traded at $1,918.26 at the time of writing, up 0.74% during the daily session. The token reached an intraday high of $1,918.88 after opening near $1,904. The move extended $ETH’s recovery from the $1,850 area and kept its weekly gain above 4%. Buyers have repeatedly defended the $1,840–$1,850 region since the start of August, preventing a deeper correction toward the July lows. Ethereum price…