Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Social NFT marketplace Rodeo has become the second NFT platform this week to announce its closure amid a tough market climate for nonfungible tokens. Rodeo launched via Apple’s iOS store in March last year and was designed to be a social-media-focused NFT collecting platform, with an emphasis on creators getting rewarded for posting over purely buying and selling NFTs. It utilized complex crypto and blockchain features to make it simple for mainstream users. However, Rodeo CEO and co-founder Kayvon Tehranian said in an X post on Tuesday that the platform had struggled to scale enough to become sustainable. “We believed…
Agora, a startup founded by entrepreneur and VanEck heir Nick van Eck, is positioning itself for a stablecoin market that’s moving beyond crypto-native trading. While decentralized finance (DeFi) remains a key growth engine – Agora’s total value locked (TVL) grew 60% last month from DeFi launches, he said — his focus is shifting toward a longer-term bet: stablecoin-powered enterprise payments. “We’re spending a lot of time across payroll, business-to-business, cross-border payments. Problems real companies actually need to solve,” van Eck, who will be speaking at CoinDesk’s Consensus Hong Kong conference next month, said in a recent interview. He believes adoption…
The White House praised President Donald Trump for making the United States the “crypto capital of the world,” and cast the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act as the catalyst in making the country the “global leader in cryptocurrency.” In a recent post on X, an official communication added, “promises made, promises kept,” to Trump ending the Biden era “crusade to crush crypto.” Moving beyond the rhetoric, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced a joint event on Thursday to discuss “harmonization between the two agencies and their…
Ethereum’s head‑and‑shoulders points to 20% downside toward $2,300 if $2,780 fails, but crowded shorts mean a break above $3,020–$3,270 could trigger a sharp squeeze. Summary Ethereum price has activated a large daily head‑and‑shoulders after losing its $2,880 neckline, projecting over 20% downside toward roughly $2,300 if $2,780 support breaks cleanly. WLFI rotated about $8.08m from BTC into 2,868 ETH, whales trimmed holdings on the bounce, and 6–12 month holders increased their share, stabilizing price but not reversing trend. Binance ETH‑USDT perps show roughly $1.69b of shorts versus $700m of longs set up for liquidations, with $3,020–$3,270 as squeeze zones and…
Mining stocks are back on top, and this time, copper, silver, and nickel are dragging them there. Since the beginning of 2025, the MSCI Metals and Mining Index has jumped nearly 90%, crushing semiconductors, banks, and even tech giants. Wall Street fund managers who once ignored these stocks are now going heavy. They’re not doing it for fun. The demand for metals is exploding, and supply can’t keep up. This rally isn’t slowing down. Copper is already up 50% this year. That’s because it’s essential for energy infrastructure, EVs, and AI data centers. But it’s not just copper. Silver, nickel,…
The digital asset market is facing a critical fork in the road, according to crypto asset management firm Bitwise. In a Monday blog post, the investment manager warned that the stalling of the Clarity Act in Congress could shift the market from a speculative bull run into a grueling “show me” phase. The Senate Agriculture Committee postponed its crypto market structure markup hearing from today to Thursday, citing the winter storm that hit much of the U.S. over the weekend. According to Bitwise CIO Matt Hougan the Clarity Act is essential for cementing a current pro-crypto regulatory environment into permanent…
Ethereum price is down about 1.3% over the past 24 hours and nearly 10% over the past week. This is no longer just short-term volatility. On the daily chart, the ETH price has already broken below a key neckline, activating a bearish structure that warns of a potential 20% downside if support fails. At the same time, a new variable has entered the picture. Capital appears to be rotating from Bitcoin into Ethereum, helping spark a short-term rebound. Whether that rotation can turn this breakdown into a bear trap now depends on who is actually buying, who is selling into…
Seven days after the stablecoin sector printed a record $310.426 billion on Jan. 17, the market has given back $3.327 billion—proof that even “stable” capital has a sense of timing. Post-Peak Pause: Stablecoins Step Back Starting with the heavyweight contender, tether ( USDT) sits at roughly $186.59 billion in market cap and posted zero activity over the past seven days—in terms of reductions or issuance. USDT currently captures 60.76% of the entire stablecoin economy’s net value this weekend. The stability at the top matters because USDT remains the sector’s liquidity spine, even as the broader category trims size. Right behind…
Since U.S. President Donald Trump’s return to public office, the Securities and Exchange Commission has scaled back its crypto enforcement agenda. It has dropped cases, closed investigations, and changed what it prioritizes for enforcement. The most prominent case to fall out of the docket so far is the SEC’s lawsuit against Gemini Trust Company. Earlier this week, the SEC, alongside Gemini’s exchange now operating as Gemini Space Station, filed a joint stipulation to dismiss the Earn case after a “100 percent in-kind return” of investors’ crypto assets. The case was filed in early 2023 over its high-yield lending product, Gemini…
Whale Dumps ETH, Buys 7,546 XAUT Tokens Worth $36.04 Million Amid Craze for Digital Gold for Safe Haven
A prominent whale, identified today by market analyst Lookonchain, has completely dumped his ETH holdings after experiencing an $18.8 million loss over the past two weeks, now decided to pump his entire Ether funds into XAUT (Tether Gold). XAUT, also commonly known as Tether Gold, is a digital (tokenized) gold backed by physical gold. The digital token was launched by Tether, the firm behind the operation of the USDT stablecoin, in January 2020. With the move to tokenize the hard asset on blockchain, Tether aims to make gold more accessible and convenient for both institutional investors and even retail customers.…