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 Rotation Bet Grows as Analyst Spots Market Shift Ahead

BitcoinAug 2

A potential signal in Bitcoin’s market behavior is drawing attention as investors look for clues about where money could move next. Analyst Pumponomics said he recently increased his crypto exposure after spotting a bullish divergence between Bitcoin and the S&P 500, a pattern he believes could indicate capital returning to digital assets. Pumponomics said he had previously favored fast-growing sectors such as artificial intelligence, quantum computing, and space technology over cryptocurrencies. However, his view changed after he noticed similarities between today’s stock market leaders and past crypto market cycles. He wrote, “the rotation is coming, and our coins are cheap…

Ethereum flashes alarming sell signal after 30% rally

EthereumAug 2

Following a roughly 30% rally that started as the cryptocurrency hit lows near $1,500, Ethereum ($ETH) is now threatening a bearish reversal based on a well-regarded technical indicator. Specifically, the top on-chain analyst on X, Ali Martinez, warned early on July 31 that TD Sequential flashed a sell signal as $ETH hit levels close to $1,980. Notably, the same indicator preceded the Ethereum rally that took the token from approximately $1,500 to the highs just under $2,000. The TD Sequential called the Ethereum rally. It flashed a buy signal near $1,500, just before a 31.5% move higher. Now, with $ETH…

South Korea’s stock market is officially more volatile than BTC

RegulationAug 2

$BTC is less volatile than South Korea’s stock market. Since the start of June, South Korea’s benchmark KOSPI has swung an average of 3.8% a day, more than double $BTC’s 1.7%. On Thursday alone, South Korea’s benchmark KOSPI fell 6.4% to 6,820, tripping its 37th program-trading halt of 2026, a five-minute regulatory pause to restore order to chaotic markets. However, that crash wasn’t even its worst session of the week. Meanwhile, $BTC and crypto indices appear to be sailing calmer waters by comparison. On a 12-month basis, KOSPI’s annualized volatility has climbed to 57% against $BTC’s 47% — still higher…

Top 3 AI crypto coins to buy ahead of the OpenAI and Anthropic IPOs

AltcoinsAug 2

Top AI crypto coins have continued their uptrend and are outperforming Bitcoin and other tokens this year as the artificial intelligence boom gains momentum and as top companies like OpenAI and Anthropic launch their initial public offerings (IPOs). Anthropic filed its IPO papers on Monday, a few days after it completed its fundraising that valued it at $900 billion. Its filings came shortly after OpenAI made its submissions to the Securities and Exchange Commission (SEC). These IPOs, as we have seen with space stocks, will likely lead to more gains among AI cryptocurrencies and stocks. This article looks at some…

South Korean prosecutors renew push for 20-year sentence for Delio CEO in $190M crypto fraud case

LegalAug 2

South Korean prosecutors have again requested a 20-year prison sentence for Jeong Sang-ho, the CEO of troubled crypto deposit service Delio, over allegations that he defrauded users of approximately 250 billion won (around $190 million) in virtual assets. The sentencing hearing is scheduled for August 13 at 5:00 a.m. UTC, according to a report by Digital Asset. Background of the case The case centers on events from June 2023, when Delio abruptly suspended withdrawals from its virtual asset deposit service. Prosecutors allege that Jeong fraudulently misappropriated about 250 billion won from users, violating the Act on the Aggravated Punishment of…

The inside story of how a hike in Hong Kong changed crypto trading forever

ExchangesAug 2

It was sometime in 2015, on a hiking trail in Hong Kong, that the perpetual swap — also called a perpetual future or a “perp” for short — was born. Ben Delo, the mathematician and co-founder of BitMEX, was walking with a friend called Bavik, a derivatives trader, wrestling with a problem that had been nagging at him for months. BitMEX had been trying everything. Quarterly futures, monthly futures, weekly futures, 48-hour futures, even a contract that lasted just 24 hours before resetting. Nothing was working. Customers kept complaining that their positions were closing without warning. They wanted something that…

Bitcoin Steadies Near $64K as Analysts Eye Floor After Hawkish Fed

BitcoinAug 2

In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, after the Federal Reserve's first meeting under new Chair Kevin Warsh. Warsh's hawkish signals, which included lifting the Fed's year-end rate projection and reviving July hike bets, cooled a relief rally tied to a U.S.-Iran de-escalation. Analysts argued that a firming $60,000 support level, slowing ETF outflows, and catalysts like the CLARITY Act give reason for cautious optimism. Bitcoin steadied near $64,100 on Thursday, down about 1% over the past 24 hours, as traders weighed a hawkish debut…

TD Cowen Adjusts SharpLink Price Target to $13, Maintains Buy Rating After Ethereum-Focused Strategy

EthereumAug 2

Global investment bank TD Cowen has adjusted its price target for SharpLink Gaming (SBET) to $13, down from the previous $16, while maintaining a Buy rating on the company. The revision follows SharpLink’s recent strategic moves, including a $75 million capital raise, the purchase of 10,000 Ethereum ($ETH), and a plan to repurchase 2.13 million shares of its own stock, as reported by The Block. SharpLink’s Strategic Shift Toward Ethereum SharpLink Gaming, originally known for its sports gaming technology, has pivoted to accumulate Ethereum as part of a broader financial strategy. The company’s recent $75 million raise, combined with the…

Apple overtook Nvidia as largest public company this morning

RegulationAug 2

Apple overtook Nvidia as the world’s most valuable publicly traded company after it hit an all-time high of $334.95 per share just 10 minutes into Friday’s trading session. This valuation put the company above $4.92 trillion. At the same time, Nvidia traded at $199.38, down 4% from Thursday’s close. This valued the company at $4.83 trillion — more than $100 billion behind Apple. Although it was an all-time high for Apple, it wasn’t its first time atop the world’s leaderboard. It was also the world’s most valuable publicly-traded company in April 2025. Nvidia has worn the crown for the vast…

MoneyGram Launches Dollar Stablecoin ‘MGUSD’ on Stellar Network for Cross-Border Transfers

AltcoinsAug 2

Global remittance giant MoneyGram has officially introduced a dollar-pegged stablecoin named MGUSD, built on the Stellar (XLM) blockchain network. The move, reported by CoinDesk, allows customers to hold a dollar balance directly within a non-custodial wallet embedded in the MoneyGram app, enabling seamless cross-border fund transfers. How MGUSD Works and What It Means for Users MGUSD is designed to function as a stable digital dollar, with its value pegged 1:1 to the US dollar. Users can deposit funds into the non-custodial wallet, convert them to MGUSD, and send money internationally without relying on traditional banking intermediaries. The Stellar network, known…