Author: NBTC

Ethereum is already showing early signs of recovery. Since a recent low near $1,840, Ethereum has climbed nearly 4%, signaling that buyers are beginning to step back in. This rebound is not happening randomly. The bounce setup has been quietly building for weeks. Several underlying signals now point to a shift. Selling pressure has collapsed sharply. Derivatives traders have turned aggressively bearish without adding new positions. At the same time, long-term holders have started buying again after weeks of selling. Together, these forces suggest the current Ethereum bounce could extend further. Ethereum Bounce Setup Emerges As Bullish Divergence Builds Ethereum’s…

Real estate mogul Grant Cardone is preparing to tokenize his firm’s $5 billion real estate portfolio, the latest property heavyweight to explore blockchain-based ownership. In a Thursday X post, the investor said that Cardone Capital plans to tokenize its holdings to give investors “collateral and liquidity in the secondary markets.” He added that the firm aims to become a market leader in tokenizing assets at scale. Cardone Capital manages multi-family and commercial properties across the U.S. In January, CoinDesk reported that Cardone was planning to use real estate cash flow to buy bitcoin $BTC$67,392.18 as part of a long-term crypto…

Representatives Scott Fitzgerald, Ben Cline, and Zoe Lofgren today introduced the Promoting Innovation in Blockchain Development Act of 2026, a bipartisan measure designed to shield software developers from criminal liability under federal money transmission laws. The legislation aims to narrow the scope of 18 U.S.C. Section 1960, clarifying that the statute targets entities with custody over user funds rather than programmers who merely write or maintain open-source code. Backers of the bill contend that Section 1960 was crafted decades ago for traditional financial intermediaries, not decentralized protocols. Enforcement agencies have increasingly applied it to noncustodial tools, creating uncertainty across the…

Bitget, the largest Universal Exchange (UEX) globally, has suspended the withdrawal function for Ripple’s USD stablecoin ($RLUSD). In an announcement shared by Bitget support center, the platform explained that the suspension of withdrawals of RLUD on the XRP Ledger was a temporary move. Is Bitget wallet upgrade aimed at security optimization? According to Bitget, the suspension, which takes effect on Feb. 26, 2026, at 11:20 a.m (UTC +8) is to allow for wallet maintenance. Bitget did not state how long this maintenance would last. However, throughout the duration, users of the exchange will not be able to make withdrawals on…

Ethereum price today trades near $1,824, down 0.35% in the past 4 hours as the token breaks below critical ascending trendline support. The move comes as BitMine Immersion Technologies continues aggressive accumulation despite sitting on over $8 billion in unrealized losses, while Ethereum spot ETFs recorded $49.48 million in net outflows. ETF Outflows Hit $49.48M As Institutional Selling Continues According to SoSoValue data, Ethereum spot ETFs recorded $49.48 million in net outflows on February 23, extending the pattern of institutional selling. Cumulative total net inflow stands at $11.48 billion, with total net assets at $10.46 billion, representing 4.66% of Ethereum’s…

Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the company restructures around artificial intelligence and a leaner operating model. The layoffs, announced Thursday in a shareholder letter, will shrink headcount from more than 10,000 to just under 6,000. Co-founder and CEO Jack Dorsey said the move reflects a shift in how the company builds products and runs teams as it integrates internal AI tools across the business. “Today we’re making one of the hardest decisions in the history of…

While some U.S. lawmakers have backed the crypto market structure bill—the Clarity Act—and are seeking broader support, senators from both sides of the aisle made it clear this week that they do not want it from disgraced crypto entrepreneur Sam Bankman-Fried. The imprisoned founder and former CEO of collapsed crypto exchange FTX had posted on X in support of the bill (via a proxy), but Republican Senator Cynthia Lummis and Democrat Senator Elizabeth Warren separately condemned his message. “Someone’s looking for a pardon and doesn’t realize the Clarity Act would have you locked up for much longer than 25 years,”…

Ethereum co-founder Vitalik Buterin has accelerated his selling spree. He has now offloaded nearly $7.3 million worth of Ether in just 72 hours, according to on-chain analytics. Data from the blockchain tracking firm Lookonchain reveals that Buterin sold a total of 3,788.57 $ETH over the past three days. This aggressive liquidation comes amidst a broader market correction, fueling debate over whether the founder’s actions are contributing to the asset’s bearish momentum. The “mild austerity” sell-off Earlier this month, Buterin announced that the Ethereum Foundation and his affiliated entities (such as Kanro) would be entering a period of “mild austerity.” This…

Blockchain intelligence firm Arkham recently identified a public Ethereum address belonging to the LinkedIn co-founder and venture capitalist, Reid Hoffman. Their tracking data shows that Hoffman holds a substantial $6.1 million strictly in $ETH. This shows that he has a heavily concentrated “long” position on the asset. On top of his liquid $ETH holdings, Hoffman is the owner of a highly coveted CryptoPunk NFT, which Arkham noted he purchased for 150 $ETH. A long-time crypto aficionado Hoffman has been a vocal observer and active investor in the cryptocurrency space for over a decade. Last year, he revealed that his investment…

A bipartisan group of lawmakers in the US House of Representatives has introduced legislation aimed at halting prosecution of software developers who do not have custody or control of others’ crypto assets. In a Thursday notice, Representatives Scott Fitzgerald, Ben Cline and Zoe Lofgren said that they would be sponsoring the Promoting Innovation in Blockchain Development Act in an effort to change how to handle criminal cases potentially involving blockchain developers. The bill would clarify that Section 1960 under US federal law, on the “prohibition of illegal money transmitting businesses,” would apply only to actors with control of others’ digital…