Author: NBTC

Despite the recent heavy downturn in the crypto market, the world’s leading cryptocurrency exchange Binance has continued to purchase Bitcoin in large quantities amid efforts to expand its user protection services. Following a post providing an update on Binance’s SAFU fund asset conversion, the exchange’s founder and former CEO Changpeng Zhao (CZ) has publicly acknowledged the exchange’s ongoing conversion of its SAFU reserves from stablecoins into Bitcoin. While the exchange had specifically revealed its plans to completely convert its stablecoin holding to Bitcoin within the space of one month, Binance CZ says the plan has fallen within the perfect time.…

The crypto market uses a variety of indicators; however, MVRV price bands consistently provide indications of key turning points. Analyst Ali Charts has provided MVRV data that suggests Ethereum may be nearing another support area, which may indicate a potential cycle bottom of $1,959. Currently trading at $2,322, $ETH is over 50% down from where it was at its peak, and, therefore, investors are considering if history is giving them an opportunity to act upon those signs of a buying opportunity. Understanding MVRV Pricing Bands and Their Historical Accuracy The current MVRV (Market Value vs. Realized Value) ratio of Ethereum…

Bitpanda, the EU-based crypto brokerage, has raised the potential for an IPO. The public sale was considered for months in 2025, and may happen by the first half of the year. Bitpanda GmbH, a crypto trading and brokerage platform, is viewing Frankfurt as the possible venue for its initial public offering. According to sources familiar with the deal cited by Bloomberg, the sale may be completed by the end of H1. The decision arrives months after Bitpanda decided against a London listing, instead tapping a growing IPO season in the Euro Area. In August 2025, the exchange considered either New…

Bithumb, South Korea’s second-largest cryptocurrency exchange, announced that a total of 620,000 Bitcoin was sent to 695 users due to an operational error during the event reward distribution. Contrary to previous estimates of 2,000 $BTC circulating in the market, the extent of the erroneous distribution turned out to be much larger. The exchange management announced that it froze transactions and withdrawals for the 695 accounts involved within 35 minutes of detecting the overpayment. According to the statement, 618,212 $BTC (99.7%) of the total 620,000 $BTC were recovered. It was also stated that 93% of the assets corresponding to the 1,788…

Ethereum price today trades near $2,240 after stabilizing above the $2,100 support zone tested earlier this week. The session shows a divergence in flows, with ETF channels recording their first inflows in three days while spot markets continue heavy distribution, creating mixed signals for near-term direction. ETF Inflows Flip Positive After Three Day Drought Ethereum spot ETFs recorded $14.06 million in net inflows on February 3, breaking a three-day streak of outflows that saw $408 million exit the funds. BlackRock’s ETHA led with $42.85 million in inflows, while Grayscale’s ETHE and Fidelity’s FETH recorded smaller outflows of $8.25 million and…

A pawnshop chain in Russia may soon start offering loans using cryptocurrency as collateral, with plans to accept other digital assets in the future. The announcement comes amid efforts to properly regulate crypto transactions in the country, which already recognizes Bitcoin as property but intends to expand the legal definition. Russian pawnbrokers mull launching loans secured by crypto Mosgorlombard (MGKL) group, a pawnshop operator in the Russian Federation, unveiled that it is considering issuing crypto-backed loans. It intends to start lending against cryptocurrency and eventually add similar assets to the list of accepted collateral, such as tokens, digital collectibles, in-game…

South Korean crypto exchange Bithumb announced today it will fully compensate customers affected by an incident in which 620,000 Bitcoin worth over $40 billion was mistakenly distributed to 695 users during an event reward payment. The error occurred on February 6 when an input mistake during the reward process led to the massive overpayment. Bithumb said it detected the issue within 20 minutes and blocked all transactions and withdrawals. Bithumb recovered nearly all of the overpaid Bitcoin, amounting to 618,212 BTC or 99.7% of the total. In addition, 93% of the assets that recipients had already sold have been reclaimed,…

Ethereum struggles at key support levels but continues to see strong long positions, suggesting potential for a rebound if resistance is cleared. Ethereum ($ETH) is facing a turbulent time, with the price down by 1.88% in the last 24 hours, trading at $2,280. Despite the recent dip, Ethereum has seen notable volatility, with its price fluctuating within a narrow range between $2,117.03 and $2,329. Trading volume remains high, with spot volume sitting at $8.2 billion, while futures have clocked $104.8 billion, suggesting heightened participation from leveraged traders. Looking at Ethereum’s broader performance, it has struggled over the past week, down…

Blockratize, the parent company of cryptocurrency prediction platform Polymarket, has filed trademark applications in the US for the terms “POLY” and “$POLY”. The applications are seen as a significant step formalizing the legal process for the company’s previously announced plans to issue a native POLY token and conduct an airdrop. According to USPTO (U.S. Patent and Trademark Office) records, applications filed on February 4th became visible in the system earlier this week. The files are currently categorized as “active” and “pending review.” The USPTO states that the applications meet the minimum requirements but have not yet been assigned to an…

For years, Ethereum’s layer-2 networks have marketed themselves as extensions of Ethereum itself. “Arbitrum is Ethereum,” Offchain Labs co-founder Steven Goldfeder wrote on X in March 2024. “Base is Ethereum,” Coinbase’s layer-2 team posted in April 2025. But following recent comments from Ethereum co-founder Vitalik Buterin questioning whether Ethereum still needs a dedicated layer-2 roadmap, many of those same teams are now emphasizing something different: that rollups are not Ethereum at all. Goldfeder, for one, struck a noticeably different tone after Buterin’s post, writing on X instead: “Arbitrum is not Ethereum.” “It’s a core part of the ecosystem, a close-knit…