Author: NBTC
After enduring a drawdown of more than 55% earlier this year and lagging peers amid tariff-driven risk-off sentiment, ether (ETH) has staged a powerful comeback, Wall Street bank Citi (C) said in a research report on Tuesday. The second-largest cryptocurrency is now up nearly 30% year-to-date, testing bitcoin’s (BTC) dominance in a way not seen since late last year. This time, however, ether is taking market share rather than ceding it, the report said. Spot ether exchange-traded funds (ETFs) have seen a surge of demand. Cumulative net inflows now top $13 billion, up from just $2.6 billion in April, analysts…
Hawkish remarks from the Federal Open Market Committee’s late July meeting have — for the moment — put the kibosh on the crypto market’s modest attempt at a rally on Wednesday. “A majority of participants judged the upside risk to inflation as the greater of these two risks,” read the Fed minutes regarding the committee’s discussion of prices versus employment. “Regarding upside risks to inflation, participants pointed to the uncertain effects of tariffs and the possibility of inflation expectations becoming unanchored.” Crypto prices gave up some of their daily gains just following the release of the minutes, with bitcoin slipping…
The U.S. may soon start publishing key economic data on the blockchain, according to Department of Commerce Secretary Howard Lutnick. Summary U.S. Department of Commerce Secretary Howard Lutnick has confirmed plans to publish key economic data on the blockchain. No timeline for implementation has been disclosed. As he was addressing US President Donald Trump and other government officials during a White House cabinet meeting on Aug. 26, Lutwick said the Department of Commerce will start issuing its statistics on the blockchain. “Because you are the crypto president […] we are going to put our GDP on the blockchain so people…
A new ratification of revenue discloses that Axiom Exchange has become the most profitable decentralized exchanges (DEX), albeit on Solana blockchain and raked an impressive amount of 15M of revenue per week. The achievement highlights both the DeFi leadership of Axiom, but also the powerhouse and multiplicity of the Solana DeFi ecosystem. The newest report, summarized on X Blockworks Research, depicts a number of platforms succeeding beyond Axiom. Another five platforms exceed 1 million a week in earnings, demonstrating that the profitability of the sphere is not assigned to the one and only participant. Moreover, ten of the DEXes make…
Michael Twerpin, one of the earliest crypto thought leaders and influencers, whom CNBC has named the “Crypto Godfather,” has addressed the community, talking about the two largest cryptocurrencies — Bitcoin and Ethereum. In particular, Twerpin in his tweet highlighted a massive surge in Ethereum ETF inflows that have been taking place recently. Ethereum prepares to outperform Bitcoin in this cycle: Twerpin Twerpin mentioned the massive inflows into spot Ethereum ETFs this August, when they reached an all-time high of $1 billion for the first time in history on Aug. 11. The Ethereum price also continues to grow; by now, it…
The crypto trader who goes by the address 0x15b3 has been on the radar of the market, as he has generated a profit of over 48 million in the past four months. The successful trades he executed involved several tokens and demonstrated how lucrative this approach can be in a volatile crypto market when a well-timed trade is placed. Meet 0x15b3, a smart trader who has profited $48M+ over the past four months.Since April, he’s been long on 15 tokens on #Hyperliquid, including $ETH, $XRP, $SOL, and $LINK, for a total profit of over $38M.He also bought 309 $WBTC($24.68M) at…
Fans Can Compete for $25K at BLAST.tv Open London 2025 With No Crypto Purchase Required August 27, 2025 – The BLAST.tv Open London 2025 is taking fan engagement to the next level with the launch of Nova Shots, a free-to-play prediction game that transforms how esports fans experience live Counter-Strike matches. Developed by Nova Wallet in partnership with BLAST.tv and Polkadot, Nova Shots introduces a new way for fans to interact with the tournament in real time, no crypto purchase required. Here’s how it works: every fan starts with 1,000 free BLAST tokens. As matches unfold, players can trade team…
Gondor, a DeFi startup backed by Maven11 Capital and others, has completed an angel round to launch a lending protocol that lets traders borrow against their Polymarket positions. Summary Gondor is building a “DeFi layer for prediction markets,” starting with a borrowing protocol for Polymarket users. The platform enables trading on real-world events, but traders’ capital is locked until markets resolve. Gondor’s solution allows users to use open positions as collateral, unlocking liquidity and improving capital efficiency. Gondor, a decentralized finance startup building a “DeFi layer for prediction markets,” has announced the completion of its angel round of funding. The…
Wall Street is piling into ETH, with BitMine and SharpLink leading multi-billion dollar buys. Ethereum treasuries generate yield, setting them apart from Bitcoin’s store-of-value role. Institutional demand is rising, with $60K ETH forecasts and BlackRock exploring staking. Ethereum is getting a lot of attention from big companies. A recent Reddit discussion highlighted how Fundamental Global Inc., a Nasdaq-listed firm, plans to raise five billion US dollars and use most of it to buy Ethereum. The company wants to hold ETH for the long term, stake it, and use it in DeFi to earn more ETH. This puts them in the…
Shares in leading publicly traded crypto companies and digital asset treasuries like Strategy (MSTR) and Coinbase (COIN) dropped after the opening bell on Wednesday before rebounding to 1.95% and 0.5% gains, respectively. But over the last month the pair have experienced extended losses, falling nearly 20% and 27% respectively. They’re underperforming crypto majors like Bitcoin and Ethereum, which have respectively fallen 3.7% and gained 13.4% over that timeframe. For Strategy, it marks the lowest shares have traded since April. While the drops coincide with a broader crypto market selloff, potentially due to concerns over inflation and other macroeconomic data, crypto-related…