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.

An ETF Could Launch at Any Moment

AltcoinsAug 3

Bloomberg analyst James Seyffart, who is closely followed regarding cryptocurrency ETFs, stated that Grayscale’s new exchange-traded fund (ETF) based on Hyperliquid is expected to launch this week. Seyffart announced on social media that Grayscale has submitted the sixth amendment to its Hyperliquid ETF application, stating that the fund’s ticker symbol will be HYPG. The analyst added that the ETF’s launch is now quite close and he expects it to happen this week. Related News Pavel Durov Announces: Toncoin (TON) Is Changing Its Name – Price Reacts Positively According to the application documents, the ETF’s annual sponsorship fee is set at…

Robinhood CEO Vlad Tenev Says Trump Administration Crypto-Friendly, But Regulatory Clarity Needed So That the Floor Doesn't Shift 'Every Four Years'

LegalAug 3

Legislation Brings Regulatory Stability, Says Tenev During the company’s second-quarter earnings call, Tenev said that while the Trump administration has been “great” for the industry, regulatory stability is necessary. “We want the foundation of the industry in the U.S. to be durable,” Tenev added. “We don’t want the floor to be shifting out from under us every four, eight years, and new rules to be put in place.” The top executive viewed the Clarity Act as an “important step” in this direction and could boost many of the company’s offerings currently under development, . Record Revenue But Crypto Share Shrinks…

Robinhood Chain Launchpad Flips PumpSwap in Weekly Volume as Meme Coin Trading Expands

ExchangesAug 3

Meme coin trading has a new volume leader. Robinhood Chain’s suite of launchpads processed $1.23 billion in trading volume over the past seven days, edging out PumpSwap’s roughly $1.22 billion, according to the original report from WuBlockchain. The numbers appeared in on-chain data tracked by @Adam_Tehc. Robinhood Chain Overtakes PumpSwap in Weekly Meme Coin Volume The flip is a milestone for Robinhood’s attempt to build a native on-chain ecosystem, but the more telling signal is what didn’t happen. The surge in Robinhood Chain activity did not leach volume from Pump.fun, the Solana-based meme coin factory. Instead, total meme coin trading…

Bitcoin Eyes $70K Breakout as 21Shares Sees Path Toward $100K by Q3

BitcoinAug 2

21Shares Says Bitcoin’s Upside Case Starts With a $70K Break Bitcoin could climb to $100,000 by the end of the third quarter if it clears $70,000 resistance, according to Matt Mena, Senior Crypto Research Strategist at crypto asset manager 21Shares. The forecast comes after the Federal Reserve signaled a more hawkish policy outlook. Market reaction to the Fed decision pushed $BTC down roughly 2%, though Mena viewed the decline as consolidation rather than a change in direction. He said the next major test is whether buyers can reclaim $70,000. The 21Shares senior crypto research strategist stated: “ Bitcoin itself, while…

Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark

RegulationAug 2

Bitcoin, ether and every other major cryptocurrency fell on Friday, with many pointing to a Beijing startup that gave away a model that beat Anthropic's best at writing code. Moonshot AI released Kimi K3 on Thursday, and by Friday morning, AI and semiconductor stocks were selling off across Asia as traders dubbed it a "Kimi moment," an echo of the DeepSeek shock that erased roughly $600 billion from Nvidia's market value in a single session. What Moonshot built is a 2.8-trillion-parameter model with a one-million-token context window, roughly four times the size of its previous version. It runs on a…

Arbitrum Foundation Unveils $43.5M Budget Proposal for 2027, On-Chain Vote Set for June 8

AltcoinsAug 2

The Arbitrum Foundation has released a formal funding proposal outlining its operational budget for the 2027 fiscal year, signaling the next phase of financial planning for the Ethereum Layer-2 network. The proposal, which will go to an on-chain vote starting June 8, requests a total of $43.5 million in operating funds. Breaking Down the $43.5 Million Request According to the proposal, the foundation seeks funding composed of $16 million in real-world assets (RWA) and stablecoins, alongside 1,740 $ETH and 230 million $ARB tokens. The requested amount is deliberately lower than the foundation’s estimated total operating expenditures for 2027, which are…

Tennessee county passes another ban on crypto operations

LegalAug 2

The Hawkins County Commissioners in Tennessee passed their second ban related to digital assets, following a similar one in 2025. On Monday, the commission voted unanimously 12-0 to ban the establishment, construction, installation, expansion and operation of crypto mining facilities and data centers in unincorporated areas of the county. The government body had already banned similar activities in September 2025 as part of an effort to block the ExoticRidge mining company from establishing operations in the county, and passed a resolution in January affirming its authority to do so. ExoticRidge and Tennessee county officials proposed a settlement in January over…

Only 9 crypto exchanges shut down in 2026 – So where is Bitcoin’s real stress?

ExchangesAug 2

Crypto exchange shutdowns were once seen as an indicator of an impending market bottom. But that pattern may no longer hold. Today, Bitcoin’s weakness appears to be showing up elsewhere… particularly in Spot ETF flows. Considering ETFs were (and still are) considered a sign of institutional credibility, their recent red patch makes one wonder: have institutional flows become a better measure of market sentiment than exchange failures? Exchange shutdowns: A weak BTC bottom sign? Over the years, there’s been a strong impression that exchange shutdowns can help identify a market low. Recent data does not support that idea. Per data…

Bitcoin price prediction – How high can the U.S.-Iran peace deal push it?

BitcoinAug 2

The two-day meeting of the U.S. Federal Reserve’s open market committee (FOMC) will conclude on the 17th of June. The Fed’s new chair, Kevin Warsh, will make the rate-related decision on the same day. The FedWatch Tool showed that the market has all but decided that the Fed would hold the interest rate steady at 3.50%-3.75%. Some short-term Bitcoin [$BTC] price volatility around the hours of the announcement is still possible. Recently, AMBCrypto reported that the optimism around the U.S.-Iran peace deal helped fuel the recent move to the $65k level. This recovery was on thin ice because of declining…

Is This a Sign of a Bitcoin Rally?

RegulationAug 2

Digital asset investment products have begun to attract renewed investor interest after a record-breaking outflow streak that lasted eight weeks and totaled $8 billion. According to an assessment published by CoinShares, a net inflow of $287 million was recorded across all issuers last week. The company stated that it expects the current week to also end positively. Although the week started with fund outflows, the lower-than-expected consumer and producer inflation data released in the US changed investor sentiment in the middle of the week. The US Consumer Price Index, released on Tuesday, July 14, 2026, fell 0.4% on a monthly…