Author: NBTC

Spot Ethereum exchange-traded funds (ETFs) available in the US saw $152.3 million in outflows on Aug. 1, ending their longest streak of inflows. According to Farside Investors’ data, the outflow amount was the largest since Jan. 8. It ended the 20-day streak of positive netflows for Ethereum ETFs, which have accumulated nearly $5.4 billion during the period. The ended streak is not only the largest in duration, but also in total amount of inflows and average daily flow, which was approximately $270 million. The previous record in duration was 19 days straight, which ended on June 13 and resulted in…

By Omkar Godbole (All times ET unless indicated otherwise) In the world of rock climbing, athletes don’t simply grab a new ledge and reach out for the next one. First, they put their full weight on the new ledge to ensure it’s solid before aiming higher. Bitcoin has followed a similar pattern since Friday’s U.S. jobs data, which triggered concerns of a recession in the world’s largest economy. The cryptocurrency’s price came under pressure, dropping almost to $111,965, testing support at the then-record high set in May, over the weekend. It recovered to trade recently around $114,700.The decline resulted in…

SUP, the native token of meme-perp app Superp, will be listed on multiple exchanges today, including Binance Alpha and Bitget. Summary SUP, the native token of Superp, is set to debut on Binance Alpha today at 10:00 AM UTC, followed by listings on Bitget, KuCoin, and MEXC an hour later. A total of 1 billion SUP tokens will be minted at TGE, with 5% allocated for airdrops. Formerly known as Vanilla Finance, Superp is a meme-focused perpetual DEX on BNB Chain. In an official X announcement, Binance said it would list SUP for trading on Binance Alpha, a spotlight section…

As is well known, the Fed announced its interest rate decision for July last week. In line with expectations, it once again left interest rates unchanged. While FED Chairman Jerome Powell and other members, except for two members, are cautious about interest rate cuts, US President Donald Trump continues to press for interest rate cuts. As the tension between Trump and Powell over interest rates continues, Trump has been harshly criticizing Powell, whose term expires in 2026, while also beginning talks with potential replacements. While the turmoil at the Fed continues, Trump has made a welcome move. According to Reuters,…

The United States Commodities Futures Trading Commission (CFTC) has announced a new initiative that will improve crypto regulations in the country. According to reports, the CTFC will, through its new Crypto Sprint Initiative, enter a collaboration with the United States Securities and Exchange Commission (SEC) to advance crypto regulations. The collaboration between the SEC and CFTC is expected to help the United States’ goal of dominating and leading the global market. In addition, the initiative will also improve regulatory clarity and foster blockchain innovation. This means that the crypto market landscape in the United States is expected to be affected,…

Uniswap, one of the world’s largest decentralized exchanges (DEXs), could rival traditional financial institutions in scale if regulatory conditions were different. That’s the view of Matt Hougan, Chief Investment Officer at Bitwise Asset Management, who argued that Uniswap’s current $6 billion market capitalization understates its true value. Uniswap at $6 billion feels too small. If it were a company, it would be the 400th largest financial services business in the world — roughly the same size as Storebrand, a savings and insurance business in Norway. — Matt Hougan (@Matt_Hougan) August 4, 2025 In a series of posts on X (formerly…

SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether. SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplink’s co-CEO, Joseph Chalom discusses the rationale behind this strategic overhaul, why Ethereum was chosen over other assets, and how the company plans to activate its ETH beyond simple buy-and-hold. The pivot was led by a $425 million private placement led by ConsenSys, founded by Ethereum co-creator Joseph Lubin, who also chairs SharpLink’s board of…

Ripple’s partner SBI Japan is seeking to launch two exchange-traded funds tied to XRP, Bitcoin, and gold. The company made this known in its Q2 2025 report, published on July 31. In a tweet, popular XRP community figure Eri drew attention to the proposed funds, dubbed Digital Gold Crypto ETF and Crypto Asset ETF. SBI Proposed ETFs According to SBI, the Digital Gold Crypto ETF will directly invest in gold and Bitcoin ETFs. Notably, more than 51% of the fund will be allocated to gold, while up to 49% will be in Bitcoin ETF, specifically the Franklin Bitcoin ETF (EZBC).…

The Texas State Securities Board (TSSB) has formally dropped its case against the Apertum Foundation and its senior advisor, Josip Heit, a move that could shape the future of cryptocurrency litigation. Notably, the decision ends claims that Apertum’s DAO1 platform and APTM token were unregistered securities, while affirming they do not qualify as investment contracts under U.S. law. Represented by Quinn Emanuel Urquhart & Sullivan, LLP, the Apertum Foundation successfully argued that its platform operates outside the scope of traditional securities regulations. Legal observers view the dismissal as a landmark moment, at a time when the regulatory landscape is increasingly…

Exciting news often dominates the crypto space, but sometimes, important operational updates take center stage. Crypto users are currently buzzing about a significant announcement from Binance regarding USDC withdrawals. The world’s largest crypto exchange, Binance, recently informed its users about a temporary suspension of USDC withdrawals on several popular blockchain networks. This move is a direct result of scheduled wallet maintenance, a routine but crucial part of ensuring the platform’s stability and security. Why Are USDC Withdrawals Temporarily Paused on Binance? Binance announced on its official website that it will temporarily suspend USDC withdrawals across five prominent networks. These include…