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.

$77M in BEAT, EIGEN, ZETA hitting markets Aug. 1

AltcoinsAug 10

$BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled $BEAT, $EIGEN and $ZETA unlocks. RootData reported that Audiera will release 21.25 million $BEAT at 9 a.m. Beijing time, valuing the allocation at approximately $67.78 million. The data platform calculates that the release equals 6.87% of $BEAT’s circulating supply. EigenCloud will unlock 38.35 million $EIGEN worth about $7.87 million at 5 a.m. Beijing time, according to RootData. ZetaChain will add 44.43 million $ZETA worth $1.42 million at midnight, with RootData placing the releases at 5.18%…

Grayscale Reveals Whether the Clarity Act, a Crypto Bill Favoring the Bull Market, Will Pass This Year

LegalAug 10

Grayscale Research Director Zach Pandl said that the CLARITY Act, which aims to create a comprehensive regulatory framework for the cryptocurrency market in the US, now seems unlikely to pass Congress this year. Pandl noted that the Senate’s busy schedule and election year politics make it difficult to reach a bipartisan agreement on the bill. According to Pandl, the failure of the Clarity Act to become law will not directly impact the demand for Bitcoin as a store of value, the functioning of major blockchains, or the growth in stablecoin payments in the short term. The cryptocurrency sector has been…

With $0 in revenue and 35 idle machines in storage, an inactive Bitcoin miner printed 1.65 billion shares to stay alive

MiningAug 10

MGT issued about 1.65 billion shares by Aug. 6 as the inactive Bitcoin miner with no operating business reported no revenue for the first half of 2026 and held just $232,000 in cash while warning it needs more capital to restart operations. The company’s quarterly filing, submitted Aug. 7, shows that its outstanding common shares climbed to 6.29 billion by Aug. 6 from 4.64 billion at the end of 2025. That is an increase of about 1.65 billion shares, or 35.6%, while MGT remained without an active source of revenue. MGT’s primary hosting contract expired in March 2025, when it…

Bitwise Europe Research Head Expects Further Drop in Bitcoin! Here Are the Expected Price Levels

BitcoinAug 10

While the debate continues about whether Bitcoin has reached its bottom after the sharp sell-offs in the cryptocurrency market in recent weeks, André Dragosch, Head of Research at Bitwise Europe, made some noteworthy assessments. According to Dragosch, Bitcoin risks a further 20% drop from current levels, and in the worst-case scenario, the price could fall to $48,000. Speaking at the $BTC Prague event in Prague, Dragosch stated that there are significant technical support zones below Bitcoin’s spot price. According to the analyst, the 200-week moving average, around $61,000, stands out as the first major support. Below that is the actual…

Decoding ETHGas’s 36% surge amid Ethereum’s network activity rebound

EthereumAug 10

ETHGas [$GWEI], which tracks Ethereum [$ETH] gas fees, rose over 36% after a recent decline. $ETH also rebounded slowly, trading near $1,905. The rally lifted $GWEI’s weekly gains above 60%, outperforming Bitcoin [BTC] and the broader crypto market. Daily trading volume rose over 308%, reaching $30.72 million at press time. Speculative interest around the Ethereum ecosystem appeared to drive the surge. Why is ETHGas price rising? Ethereum gas fees rose over the past week, signaling increased network activity and possible congestion. Transaction data pointed to a similar rebound. As per Etherscan, the number of transactions in August was between 3,094…

Lookonchain Reports $16.91M Transfer by Trump Team

AltcoinsAug 10

The Trump team has recently transferred 10.84 million $TRUMP, valued at $16.91 million, likely for deposit into BitGo before moving to exchanges. This sizable transfer was reported on Twitter by Lookonchain and adds to the total of 48.25 million $TRUMP moved over the past five months, raising concerns among investors about the impact on price stability. The Key Development The latest transfer of $TRUMP coins comes amid a backdrop of mixed signals in the broader cryptocurrency market. As reported, the Trump team has been systematically withdrawing substantial amounts of $TRUMP, and after each transfer, the price has consistently declined, dropping…

XRP Already Meets Clarity Act Rules, Lawyer Says

LegalAug 10

$XRP may already satisfy the requirements that are needed to be treated as a digital commodity under the proposed CLARITY Act, according to analyst Bill Morgan. The lawyer has argued that the bill’s maturity framework goes beyond its 20% ownership threshold. The comments come in response to concerns over whether $XRP can qualify as a “mature blockchain system” under the aforementioned legislation. The CLARITY Act’s framework stipulates that no issuer or affiliated person beneficially owns 20% or more of a digital commodity. It also contains additional criteria pertaining to blockchain governance. However, the lawyer pointed to alternative provisions that could…

Gavin Andresen’s Bitcoin Faucet Giveaway Is Now Worth Over $1 Billion

BitcoinAug 10

A small Bitcoin website launched 16 years ago has returned to the spotlight after crypto accounts marked one of the earliest giveaways in the network’s history. The site, known as the Bitcoin faucet, gave free $BTC to users at a time when the asset had little market value and needed more people to test it. On this day in history, 16 years ago, a developer created a website giving away 5 bitcoin for free to anyone, anywhere. The ‘faucet’ only required a user to complete CAPTCHA, verifying you were not a bot, and distributed 19,700 bitcoin in total, worth more…

Wall Street put $7B into tokenized funds, but under 1% is actually being used in DeFi

DeFiAug 10

DeFi recorded 99 hacks in the second quarter of 2026, more than any quarter on record in DeFiLlama's database. Real-world tokenized assets in use inside DeFi protocols have since climbed to nearly $3.97 billion, a fresh all-time high. DeFi gives tokenized assets something to do on-chain, turning them into collateral, lending liquidity, or inputs that other protocols can build on. The record proves that a severe security shock has not stopped composable real-world asset value from reaching a new high. What the record measures DeFiLlama's dashboard puts total RWA active market cap at $33.9 billion and on-chain market cap at…

SharpLink Opposes Ethereum Proposal to Burn a Growing Share of Validator Rewards

EthereumAug 10

Joseph Chalom said SharpLink opposes EIP-8363, a draft Ethereum proposal that would burn part of validator rewards as the staking ratio climbs, in an article published on X on Friday. "Sharplink opposes it," he wrote. Chalom described the proposal, titled "Tapered Issuance Burn," as phasing in a reduced issuance schedule over about a year and a half, burning a growing share of validator yield as more $ETH is staked. "A growing share of that yield will be burned as more $ETH is staked, until roughly half of all $ETH staked, at which point yield goes down to 0%," he wrote.…