Author: NBTC

The price of Ether has nowhere to go but up, according to an analyst, with 40% of Ether now out of circulation amid record institutional demand. “Ethereum has never experienced a market cycle with all three supply vacuums active at once,” said analyst “Crypto Gucci” on Tuesday. Crypto Gucci noted that digital asset treasuries (DATs) did not exist in the last market cycle. Over the past few months, DATs have amassed a whopping 5.9 million ETH, worth around $24 billion and equivalent to 4.9% of the total supply, according to StrategicEthReserve. These entities will hold the asset for long-term yields.…

Key Takeaways The European Central Bank (ECB) is targeting a mid-2029 timeline for potentially launching the digital euro, their proposed central bank digital currency (CBDC). The digital euro is intended to function as an electronic equivalent to cash for daily transactions throughout the eurozone. The European Central Bank, the central bank responsible for monetary policy in the 20 eurozone countries, is targeting mid-2029 for a potential release of its digital euro, according to Executive Board member Piero Cipollone. The timeline represents a concrete milestone for the proposed central bank digital currency that would serve as an electronic version of euro…

Estonia has recently adopted an unprecedented strategy to counter financial support for Russian military operations in Ukraine. A cryptocurrency investor was forced to donate a sum of 1,638 euros to a Ukrainian organization, after sending 54 euros to a pro-Russian group.The decision, made by the State Prosecutor’s Office, represents an example of how the Baltic country is refining its legal tools to respond to the challenges posed by the current international scenario. The Case: Crypto Donations and the Reaction of Estonian Authorities Transfers Under the Lens The Intervention of the Prosecutor and the Choice of Opportunity An Exemplary Penalty: Donation…

In a passive-aggressive social media exchange, the leaders of Coinbase and Binance seized the opportunity to critique each other’s distinct approaches to token listing standards. The core of the dispute involved Coinbase’s Jesse Pollak, who criticized Binance’s high listing fees, and Binance’s Changpeng Zhao, who fired back by questioning Coinbase’s failure to list BNB. Ironically, Coinbase announced the listing of BNB today. Listing Fees and Ecosystem Rivalry Coinbase’s Jesse Pollak and Binance’s Changpeng Zhao (CZ) publicly clashed on social media today, trading indirect jabs over their respective exchanges’ token listing standards. It all started when a Base developer turned to…

Quack AI, an AI-powered Web3 and crypto research and analytics platform, has partnered with the Singapore-based Nanyang Technological University (NTU). The partnership aims to accelerate the advanced AI research endeavors and development to drive innovation and AI governance on-chain. As per Quack AI’s official announcement on X, the collaboration is now included in the Capsone Program of NTU. Thus, the development underscores a critical step in transforming the tech ecosystem. We’re excited to announce our partnership with @NTUsgQuack AI is now an official partner project in NTU’s Capstone Program, where 8 selected students will work with us under our mentorship…

During D.C. Fintech Week in Washington, D.C. this past week, I moderated a conversation about how decentralized finance (DeFi) projects could be compliant with different regulations. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Are developers liable for how their projects are used? Can they prevent criminals from using their projects? In other words, is regulation-compliant decentralized finance an oxymoron? Why it matters Developers’ liability for how their decentralized projects are used has already been the subject of multiple criminal cases in…

The crypto world is watching Bitcoin closely as it nears important cycle highs. The performance of altcoins could depend heavily on how Bitcoin and Ethereum move in the coming months. Crypto analyst Benjamin Cowen has restated his prediction that Bitcoin may reach a cycle top in Q4 2025, with prices ranging from $130,000 to $155,000. His comments come as the market debates whether Bitcoin’s next major rally is already behind us or still has room to grow. Bitcoin at a Crossroads Cowen explained that Bitcoin is at a critical point. “We’ve gotten close to $130K already, with a recent peak…

Key Takeaways Fed’s Bostic says employment risks are now as significant as inflation risks. Labor market stability is becoming a concern as the Fed weighs its dual mandate of maximum employment and price stability. Federal Reserve Bank of Atlanta President Raphael Bostic today signaled that employment risks now pose threats equivalent to inflation pressures. The statement reflects growing concerns about labor market stability as the Fed navigates between its goals of maximum employment and price stability. Bostic serves as a voting member of the Federal Open Market Committee, which sets national monetary policy. U.S. core inflation hovers around 3.1% according…

California passes bill to protect unclaimed crypto from forced liquidation The law prevents automatic liquidation of dormant Bitcoin, Ethereum and other cryptocurrencies Unclaimed crypto will now be transferred to the state in its original form California is setting a new precedent in how governments handle digital money. Governor Gavin Newsom recently signed a new law that makes it the first U.S. state to ensure unclaimed cryptocurrencies are not automatically converted into cash. Under the law, these digital assets will stay in their original form when they are handed over to the state, giving owners a better chance to reclaim what…

Brevis is now knocking on the door of the Ethereum Foundation’s ultimate proving goals. Its latest numbers show 96.8% real-time coverage, putting it a whisper away from the sub-ten-second target that would redefine base-layer security. Summary Brevis’s Pico Prism zkVM has reached 99.6% proving coverage for Ethereum blocks under 12 seconds, with 96.8% verified in real time under 10 seconds. The milestone halves GPU hardware costs and positions Brevis within 2.2% of the Ethereum Foundation’s 2025 proving benchmarks. By scaling verification through cryptographic proofs, Brevis tackles Ethereum’s redundancy problem, enabling faster, cheaper, and more secure base-layer validation. According to a…