Author: NBTC

Short seller Culper Research is betting against ether ($ETH) and $ETH-linked stocks such as BitMine (BMNR), arguing that the network’s economics deteriorated following Ethereum’s latest network upgrade. The firm said in a Thursday report that the December 2025 upgrade dubbed Fusaka flooded the network with excess blockspace and has “impaired $ETH tokenomics.” That drove transaction fees sharply lower. Because validators earn part of their income from those fees, the drop has reduced staking yields. That dynamic could create a negative feedback loop, the report said, where declining validator yields reduce staking demand and network security. The report also highlighted that…

US mortgage lender Rate has launched a nationwide program that allows qualified borrowers to use verified cryptocurrency holdings to help meet underwriting requirements without liquidating their assets, marking a formal step toward integrating digital assets into traditional home financing. The product, called RateFi, operates within the lender’s existing non-qualified mortgage framework and permits borrowers to count verified crypto assets as qualifying reserves and, in some cases, as an income source. Kate Amor, EVP and head of enterprise products at Rate, told Cointelegraph that for underwriting purposes, RateFi assesses digital asset holdings through a proprietary valuation framework that factors in market…

South Korea is preparing a new system to monitor crypto transactions. The government wants to track trading activity more closely. They want to make sure investors pay the correct taxes. The project will be developed by the National Tax Service (NTS). It is called the Virtual Asset Comprehensive Analysis System. The system will use artificial intelligence to study crypto transaction data and detect unusual activity. 据韩国时报，韩国国税厅（NTS）已启动“虚拟资产综合分析系统”招标（约 30 亿韩元），计划 4 月开始系统设计、11 月试运行，并在 11—12 月上线；NTS 称将使用 AI 机器学习追踪异常交易模式，并与关税厅等部门共享疑似违规线索。政府拟自 2027 年 1 月起对虚拟资产收益征税，超过 250 万韩元部分适用 22%… — 吴说区块链 (@wublockchain12) March 12, 2026 Officials say the project will cost about ₩3 billion (around $2…

Binance, the world’s largest cryptocurrency exchange, and other exchanges announced the proof-of-reserve system to try and restore confidence in crypto exchanges following the sudden bankruptcy of FTX. In this context, Binance and leading exchanges publish reserve reports at regular intervals. As these reports continue to emerge, CryproQuant has revealed itself to be the most transparent exchange in terms of reserves. According to CryptoQuant data, KuCoin received the highest proof-of-reserve (PoR) transparency score among major cryptocurrency exchanges. CryptoQuant based its ranking on criteria such as reserves, trading volume, and transparency, while KuCoin scored 96.7 out of 100. The ranking also revealed…

Network News ETHEREUM FOUNDATION STARTS EXPERIMENTING WITH DVT-LITE TECH: The Ethereum Foundation is testing a method for running validators that could make it significantly easier for institutions holding large amounts of ether to set up staking infrastructure, widening the pool of participants and creating a more decentralized network. In a post on X, blockchain co-founder Vitalik Buterin said the foundation is using a simplified version of distributed validator technology, or “DVT-lite,” to stake 72,000 $ETH. The experiment aims to make running validators across multiple machines less complicated. Buterin said the goal is to reduce the process to something close to…

The Ethereum price faces key resistance at $2,142 and $2.648 levels U.S. SEC submitted a formal interpretation on how federal securities laws could apply to specific crypto assets and related transactions. The crypto fear and greed sentiment at 22% suggest an intact bearish sentiment among market participants. $ETH, the second largest cryptocurrency by market capitalization, bounced over 7% during Wednesday’s to current exchange hands at $2.129. The buying pressure aligns with broader market recovery amid the massive short-liquidation and Securities and Exchange Commission submitting a Commission-level interpretation to OIRA clarifying how federal securities laws apply to crypto assets and transactions.…

Bitcoin and altcoins started the new week lower, affected by US-Iran tensions and President Donald Trump’s tariffs. While some see this dip as a buying opportunity and others as a signal of further declines, Bitcoin ($BTC) and Ethereum ($ETH) bulls made additional purchases of Strategy and BitMine. Accordingly, Strategy, the largest institutional Bitcoin bull, did not let the past week go to waste either, purchasing an additional 592 $BTC. Accordingly, Strategy announced that it purchased an additional 592 million $BTC last week for approximately $39.8 million. The company’s average purchase price was $67,286 per coin. Strategy also added that as…

ASUNCIÓN, Paraguay – February 2025: Paraguay’s National Directorate of Tax Revenue (DNIT) has implemented sweeping cryptocurrency regulation measures that fundamentally transform how digital assets operate within the nation’s financial ecosystem. This decisive action establishes comprehensive reporting requirements for all cryptocurrency platforms operating in Paraguay, marking a significant evolution in the country’s approach to digital finance oversight. Paraguay Crypto Regulation Framework Details The DNIT resolution, published in late January 2025, creates mandatory reporting obligations for cryptocurrency exchanges and trading platforms. These entities must now submit detailed transaction information for all user activities occurring on their systems. The regulation specifically requires platforms…

Crypto trading surged on Japan’s Bitflyer on Monday as the Nikkei slid, with the Tokyo-based exchange posting a larger jump in volume than global platforms such as Binance and Coinbase during a sharp selloff in Asian equities. According to CoinGecko data, Bitflyer’s 24 hour trading volume is up 200% compared to 112% on Coinbase, and 75% on Binance. Activity on Korean exchanges was more muted, with Upbit volumes rising 27.1% and Bithumb up 49.0%. The surge in Japanese crypto trading coincided with a sharp selloff in regional equities, as Japan’s Nikkei slid alongside declines in Korea and Taiwan amid an…

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the day due to increased solar power usage. The Solar Paradox In a shift that seemed impossible only two years ago, South African state-owned power utility company, Eskom, is reportedly pursuing the exact demographic it once had to avoid: power-hungry, high-intensity energy consumers. Speaking at a recent conference, Eskom Chairman Mteto Nyati reportedly revealed that the state-owned utility is planning to sell excess daytime electricity to bitcoin mining companies. The strategy…