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.
NTU Singapore and Zero Gravity Launch S$5 Million Research Hub for Decentralized AI Innovation
The objective of the initiative is to establish a connection between university research and scalable infrastructure for open artificial intelligence systems. Workshops, hackathons, student scholarships, and open-source projects will also be a part of the effort, which will last for four years. Nanyang Technological University, Singapore (NTU Singapore) and Zero Gravity (0G), a decentralized artificial intelligence (AI) infrastructure company, have announced a partnership worth S$5 million to establish a joint research hub for the advancement of blockchain-based artificial intelligence (AI) technologies that will be more accessible and accountable. Multiple initiatives that explore decentralized artificial intelligence training, blockchain-integrated model alignment, and…
Ethereum price today trades near $3,325 after losing its multi month trendline and slipping below the 20, 50 and 100 day moving averages. The breakdown shifted momentum to sellers and opened the door toward the high liquidity zone around $3,000 to $2,800, an area highlighted by market structure, historical demand, and recent liquidity heatmaps. Buyers Step Back As Spot Outflows Rise ETH Netflows (Source: Coinglass) Spot flow data from Coinglass reveals why the decline accelerated. On November 5, Ethereum recorded $154.2 million in net outflows, signaling active distribution as tokens moved from wallets to exchanges. Outflows of this size typically…
Is This the Reason Behind Today’s Drop in Bitcoin and Altcoins? Critical Development at the FED
The Fed lost access to critical employment data due to the government shutdown. According to the Washington Post, Fed officials cannot access data from ADP, which provides private sector employment data. This development creates additional difficulties for the Fed in making interest rate policy decisions, as it is currently unable to access much economic data due to the ongoing partial government shutdown in the US. The uncertainty created by the lack of data also led to a sharp decline in cryptocurrency markets. Total cryptocurrency market capitalization fell 4.79% in the last 24 hours to $3.65 trillion. Bitcoin, meanwhile, fell 3.87%…
Bitpanda Enters UK Crypto Market With 600+ Digital Assets and Major Institutional Partnerships
Europe’s crypto momentum is exploding as the United Kingdom emerges as the next powerhouse for digital asset growth, with Bitpanda igniting a new wave of institutional and retail investment through its massive crypto offering and innovative UK expansion. Bitpanda’s UK Launch Highlights Growing Crypto Demand and Expanding Institutional Integration Institutional and retail enthusiasm for digital assets continues to strengthen across Europe, positioning the United Kingdom as a vital growth market for crypto investment. Austrian-based cryptoasset platform Bitpanda announced on Oct. 31 that it has officially entered the UK market, unveiling what it describes as the nation’s largest cryptoasset offering. With…
Ethereum’s price in 2025 has been stuck in a pattern that is neither bullish nor bearish. It has been moving in a tight range, high enough to scare off new buyers but stable enough to avoid panic. ETH has been rejected just below $3,900 for months, and its key support at $2,900 has held. Between those levels, liquidity fades, momentum stalls and direction becomes uncertain. Each rise in price above $3,600-$3,900 has met resistance from short-term traders, while every fall into the low $3,000s meets only half-hearted bids. The result is a standstill. Ethereum’s credibility is not in question, but…
The Counter-Strike 2 skins market is notorious for rapid ascensions, ridiculous prices for in-game items and extreme volatility. It might sound familiar to anyone who has ever traded crypto. The traits of both markets are often compared — speculation, hype and sudden crashes — and that is why what just happened in the CS2 market looks strikingly similar to a crypto meltdown. What caused crash? In just 24 hours, the market capitalization of CS2 skins nosedived by $1.784 billion, falling from nearly $6 billion to $4.27 billion, a drop of over 28%. The cause? An unexpected update from Valve, the…
Ethereum is facing mounting pressure as investors continue to pull funds from Ethereum ETFs amid market pullback. Summary Ethereum ETFs saw $219.37 million in outflows, marking the fifth straight day of redemptions. BlackRock’s ETHA led the exit with $111.08 million, followed by Grayscale’s ETH with $68.64 million. Ethereum price trades at $3,300, with a 33.8% rise in trading volume signaling renewed interest. Ethereum ETFs have now recorded five consecutive days of outflows, highlighting a persistent wave of investor pessimism amid worsening market sentiment. According to data from SoSoValue, over $219.37 million was withdrawn from Ethereum-based exchange-traded funds in the past…
The Fed is expected to cut rates again on October 29 to support a slowing economy. Most Americans remain indifferent, with inflation still their biggest concern. Crypto markets brace for volatility, with Bitcoin already pricing in the expected cut. The Federal Reserve is seemingly ready to slash interest rates again on October 29, yet most Americans don’t seem to care. WalletHub reports that 65% of people say another quarter-point cut won’t make a difference, even though it could save consumers billions in interest. 65% of Americans feel indifferent or upset about the Fed cutting interest rates. Learn more about people’s…
FTX creditors may receive far less than initially believed once payouts are adjusted for today’s inflated crypto valuations, according to Sunil, a prominent FTX creditor representative. In a Sunday post on X, Sunil estimated that the real crypto recovery rate for FTX creditors ranges between 9% and 46%, noting that the actual value could be even lower as Bitcoin (BTC), Ether (ETH) and Solana (SOL) prices have surged since the exchange’s collapse in 2022. “FTX creditors are not whole,” he wrote, adding that the exchange’s planned 143% fiat repayment doesn’t reflect losses in crypto-denominated terms. According to a table shared…
Re7 Labs is under fire for sharing a report summarizing the events of the past couple of days rather than providing a solution
Re7 Labs, a DeFi risk curation and research arm of the London-based hedge fund Re7 Capital, has taken significant heat after releasing a lengthy thread on X, formerly Twitter, that contained its own version of events stemming from the Stream Finance insolvency. It called the post an “update regarding previous and ongoing efforts to address and mitigate” the current issues. However, rather than soothe already hot tempers, the post has backfired, triggering a new wave of criticism. Details from Re7 Labs’ post The long post from Re7 Labs details the steps the team has been taking to mitigate risk and,…