Author: NBTC

The Ethereum price prediction is turning into an $ETH/$BTC story as much as a price story. The ratio just touched 0.0296, its best 30-day run in months, closing in on a level $ETH hasn’t held since last year, while spot $ETH ETFs quietly logged a fifth straight week of inflows. $ETH itself is stuck at $1,923.55, pressing the same descending trendline that’s rejected price twice this month, with $2,042 on the table if it finally breaks and $1,837 the fallback if it doesn’t. $ETH Price Analysis: Pressing the Descending Trendline as SAR Flips the Key Test $ETH Price Action (Source:…

Large Cardano investors significantly increased their holdings over the past week, signaling growing confidence in $ADA’s near-term outlook. According to on-chain data from Santiment, Cardano wallets controlled by large holders accumulated more than 30 million $ADA over the past seven days. The data also shows that whale holdings steadily climbed to 5.69 billion $ADA, suggesting consistent accumulation rather than isolated purchases. Whale accumulation often draws market attention because these investors have the financial resources to influence price trends. Although sustained buying does not guarantee an immediate price rally, it generally reflects growing confidence among major market participants and is often…

Senator Tim Scott, who chairs the Senate Banking Committee, said that the chamber would vote on the Digital Asset Market Clarity (CLARITY) Act before it broke for an August recess, giving lawmakers just a few days to take action on the crypto bill. In a Thursday Fox Business interview, Scott said that the Senate “should have the first vote” on the CLARITY Act before lawmakers leave for state work periods this week. He added that Senate Majority Leader John Thune, who has the authority to set the agenda and schedule floor votes, still had time to announce a cloture vote…

Billionaire venture capitalist Tim Draper has once again delivered an extremely bullish prediction for Bitcoin. He has argued that the cryptocurrency could eventually go “infinite” against the U.S. dollar due to accelerating adoption. Draper made the prediction on X after commenting on the growing adoption of Bitcoin payments. “First they’ll say, ‘We accept Bitcoin.’ Then they’ll say, “We only accept Bitcoin,'” he wrote. He then predicted that a run on banks would follow, eventually leading to a fundamental transformation of the financial system. The venture capitalist concluded that Bitcoin could “go infinite against the US dollar.” In the meantime, Bitcoin…

Ethereum staking has reached a record 41.7 million $ETH, locking more than one-third of the cryptocurrency’s circulating supply despite a sharp decline in its market price. Ethereum staking climbs despite price decline A CryptoQuant chart shared by cryptocurrency exchange Bitfinex on Aug. 10 showed that the amount of Ethereum ($ETH) committed to staking had reached an all-time high of 41.7 million $ETH. Staked $ETH has climbed to a record 41.7 million, a third of all $ETH in existence, while price fell from $3,400 in January to $1,900.As the amount staked grows, the rewards do not run out, which is why…

BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world’s investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for BlackRock’s iShares Staked Ethereum Trust (ETHB). The prospectus says the fund can stake 70% to 95% of its holdings under normal conditions. Two of Wall Street’s largest names now route institutional crypto staking through the same infrastructure provider. Galaxy also runs staking for Solana and…

In brief Nine Democratic senators urged the CFTC to prohibit prediction market contracts tied to wildfires. Lawmakers said the markets could create incentives for arson, insider trading, and profiting from natural disasters. The request comes as prediction markets face growing legal and political scrutiny across the U.S. Nine Democratic senators are urging the Commodity Futures Trading Commission to crack down on prediction markets that let users bet on wildfires, arguing the contracts create dangerous incentives to profit from natural disasters. In a letter earlier this week to CFTC Chair Michael Selig, Sen. Jeff Merkley (D-Ore.), Sen. Alex Padilla (D-Calif.), Sen.…

Unusual on-chain activity has been unfolding on the Bitcoin network since the beginning of this week, with wallets that had remained dormant for more than 12 years coming back to life for the second consecutive day. The pattern of these movements is identical: coins acquired during the “post-Satoshi” era are being transferred to wallets that support P2SH scripts, while the owners’ returns are already approaching 8,000%. The history of on-chain observations shows that such awakenings of ancient whales rarely lead to an immediate rally. Rather, they often precede a decline in the $BTC price. Inside the synchronous awakening of 2014…

Ethereum price consolidated near $1,917 on Aug. 10 as buyers defended the $1,900 area, but weakening short-term momentum and dense liquidity near $1,950 kept $ETH inside a narrow range. Ethereum price holds above $1,900 According to data from crypto.news, Ethereum ($ETH) price was trading at approximately $1,917 at the time of writing, after moving between $1,906 and $1,931 during the latest daily session. $ETH has consolidated above $1,900 since recovering from lows near $1,800 earlier in August. The move followed renewed spot demand, short liquidations and a broader risk-asset rally after weak U.S. employment data reduced expectations for another near-term…

Vangrid, a decentralized physical infrastructure network (DePIN) project, has raised $9 million in seed funding, as reported by The Block. The round saw participation from notable investors including HashKey, Borderless Capital, Crypto.com, Animoca Brands, Gate Labs, and Mapleblock Capital. The project is developing a smartphone-based 3D spatial data collection and on-chain verification network, aiming to bridge the gap between real-world data and blockchain infrastructure. Funding and Strategic Backing The seed round brings together a mix of crypto-native funds and strategic investors. HashKey and Animoca Brands are known for their focus on Web3 infrastructure and gaming, while Crypto.com and Gate Labs…