Author: NBTC
According to blockchain intelligence platform Arkham, a whale pulled almost $40 million worth of ETH from Coinbase. In a recent tweet, Arkham stated that a fresh address, which it simply refers to as “0x98E,” withdrew 11,370 ETH from Coinbase Prime at an average price of $3,811 per coin. The move quickly put the whale in profit, with gains of over $400,000 within an hour. This whale just bought $40M of ETH from Coinbase.Fresh address 0x98E withdrew 11.37K ETH from Coinbase Prime at an average price of $3811.He is up $400K in the past hour. Have whales started coming for ETH?Address:…
Scott Bessent calls for a full review of the Federal Reserve’s expanding role, warning that “mandate creep” and controversial spending could threaten its independence. With Trump increasing pressure and Powell under fire, the debate over the Fed’s priorities and accountability has entered a new phase. U.S. Treasury Secretary Scott Bessent has reignited scrutiny of the Federal Reserve, urging a deep review of its operations beyond monetary policy. His sharp criticism, shared in a post on X, warns that the central bank’s growing involvement in non-core functions could threaten its independence. Fed’s Expanding Role Sparks Debate Bessent’s remarks come at a…
A group of U.S. lawmakers traveled to Argentina and met with President Javier Milei and other local crypto organizations to examine how the local ecosystem operates. The trip aimed to discuss regulation and identify joint challenges related to stablecoin adoption. U.S. Lawmakers Visit Argentina to Study Crypto Regulation and Discuss Adoption Argentina, a country known for its citizens’ embrace of crypto as a means of countering devaluation and crippling inflation, was visited by a group of U.S. lawmakers to examine the dynamics of its local markets and regulatory framework. The group, led by French Hill, Chairman of the House Financial…
Coinbase (COIN) reported worse than expected second-quarter results on Thursday, sending its shares down 7% in post-market trading. The crypto exchange posted total revenue of $1.5 billion, up from $1.45 billion in the same quarter last year but slightly lower than FactSet estimates of $1.59 billion. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) came in at $512 million, down from $596 million a year ago. The results show Coinbase’s continued sensitivity to crypto market cycles. Even though bitcoin and ether (ETH) rallied to new yearly highs during the second quarter, transaction volume fell from a quarter-to-quarter basis, Coinbase…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.80% today against the US Dollar Bitcoin is currently trading 13.96% below our prediction on Jul 19, 2025 Bitcoin gained 16.08% in the last month and is up 104.71% since 1 year ago BTC price is expected to rise by 19.31% in…
In 2021, during the NFT boom, four university students launched a collection of 8,888 digital penguins on Ethereum. In just 19 minutes, the Pudgy Penguins were sold out at 0.03 ETH each. In a few months, the floor price exceeded 2.5 ETH and the project seemed destined to enter the history of PFP. Then came the crisis: roadmaps not followed, accusations of poor management, and the feeling that Pudgy Penguins could become “yet another failed JPEG.” At the beginning of 2022, the community removed the founders. Was it the end? In reality, it was just the beginning. Luca Netz and…
10 years ago, Ethereum launched with a promise to reinvent the internet. Today, it is the engine behind a $75 billion decentralized economy, powering everything from meme coins to multi-billion-dollar institutional finance. What began as a whitepaper by a teenage cryptographer is now the world’s programmable financial backbone. This retrospective traces Ethereum’s defining breakthroughs, crises, and transformations—and asks what the next decade holds for the chain that never sleeps. The Ethereum Genesis: Building a World Computer Ethereum’s story began in 2013, when Vitalik Buterin envisioned a blockchain far more versatile than Bitcoin. Alongside Gavin Wood, Charles Hoskinson, Anthony Di Iorio,…
Crypto companies in the U.K. have almost certainly been under-reporting breaches of financial sanctions since as far back as 2022, the Office of Financial Sanctions Implementation (OFSI) said in a Monday report, as the nation imposed more sanctions on Russia. The report, which is a sanctions threat assessment focused entirely on crypto, said most of the non-compliance by U.K. crypto firms was likely to be inadvertent and resulted from exposure to a named, or designated, person. Exposure could be both direct, in which there is a clear link to the person’s wallet address, or indirect, where the crypto’s origin has…
Tim Draper backed the SEC’s Project Crypto, calling it a breakthrough toward an all-bitcoin economy powered by blockchain-based accounting, smart contracts, and tokenized finance. SEC’s Project Crypto May Realize Tim Draper’s Dream of All-Bitcoin Market Systems Venture capitalist Tim Draper praised “Project Crypto” on social media platform X on July 31, shortly after U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins introduced the initiative during remarks in Washington, D.C. Draper, a longtime proponent of decentralized finance, endorsed the SEC’s direction, stating: Project Crypto looks awesome! My hopes to raise a fund all in bitcoin, invest it all in…
What JPMorgan and Coinbase are building could outlast both crypto narratives and banking interfaces
JPMorgan and Coinbase are launching a multi-phase integration that brings crypto access and payments directly into the core of U.S. consumer banking. What’s cooking? Summary In July 2025, JPMorgan and Coinbase announced a phased rollout to integrate crypto access, payments, and rewards directly into JPMorgan’s consumer banking ecosystem. The partnership allows Chase users to buy crypto with credit cards, link bank accounts to Coinbase wallets, and convert reward points to USDC. Alongside this, JPMorgan launched a blockchain-based deposit token pilot on Base, targeting faster settlement and programmability for institutional clients. Analysts view the move as part of a deeper shift,…