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.
Ripple CTO David Schwartz, known as much for his massive XRPL contributions as for his viral internet moments regarding XRP and crypto, recently provided another such moment. Many probably did not understood his latest post featuring solar panels, but this one has deep lore directly tied to crypto. “Post a pic only your fandom would understand” was the challenge Schwartz attached a confusing photo to, and for those not familiar, this connects to what he spent 40,000 ETH on. Those Ethereum coins were bought at the ICO of the biggest altcoin back in 2015 for $0.311 each. Later, when the…
Day traders pull $7 billion from high-risk leveraged ETFs in September, the biggest outflow since 2019
Stock markets remain near record highs and economic numbers keep beating expectations, but a closer look reveals traders are starting to step away from the riskiest bets that drove much of this year’s gains. Day traders who fueled rallies in everything from tech stocks to cryptocurrency are now pulling money out of the most speculative investments. This shift comes even as the Federal Reserve continues supporting markets and major indexes hover close to recent peaks.The clearest sign of this change shows up in leveraged exchange-traded funds, which use borrowed money to amplify daily stock moves by two or three times.…
Binance, the world’s largest cryptocurrency exchange, announced that it has reimbursed customers for a total of $283 million after a volatile Friday, during which several tokens on the exchange depegged or experienced unnatural price crashes. The compensatory measure was taken in the midst of the worst-ever single-day liquidation, which erased around $20 billion worth of leveraged exposure and sent shivers throughout the digital asset space.According to Binance customers, many altcoins dropped to $0 on Friday’s pullback, a trend observed across the entire trading platform. This event, which included IoTeX (IOTX), Cosmos (ATOM), and Enjin, caused widespread panic. However, Binance has…
Yuma, a development studio and accelerator for decentralized AI (deAI) network Bittensor created by Barry Silbert of Digital Currency Group, has introduced Yuman Asset Management, to allow institutional and accredited investors easy access to the deAI ecosystem. Bittensor is a decentralized network for AI that rewards people for contributing data and computing power to a range of activities in the form of distinct use case-driven entities called “subnets,” that can include things like text translation, fraud detection, image recognition to more esoteric goals like predicting the structure of complex protein chains. Powered by its native token, TAO, Bittensor aspires to…
Introduction For progress and development, evolution is the key. Cryptocurrencies with idle communities and networks meet bitter end. In terms of reliability, the coin which comes to our mind after Bitcoin is none other than Ethereum. Launched on 30th July 2015 by Vitalik Buterin and a team of co-founders, Ethereum has impressed traders all over the world with continuous activity. More than ten years ago, no one would have imagined that $ETH would boast a staggering market cap of $544 billion. With this much amount, it proudly sits at 22nd spot on the list of global asses by market cap.…
Coinbase is turbocharging crypto usability with plans to raise transaction limits to as much as $100,000, igniting mainstream adoption momentum and reshaping how digital assets are spent. Coinbase to Test Higher Spending Limits, Eyes Mainstream Crypto Payments Growing demand for greater flexibility in digital asset payments is prompting major exchanges to revisit transaction limits. Coinbase (Nasdaq: COIN) chief executive officer Brian Armstrong shared on social media platform X on Oct. 11 that the company plans to test higher customer spending thresholds next week. The initiative is part of a broader effort to enhance the platform’s usability for everyday payments and…
Apex Fusion announced the launch of its NEXUS chain integration with Layerzero, enabling connections to more than 145 blockchain networks, including Solana and Ethereum-compatible ecosystems. Apex Fusion Simplifies Omnichain Development With Layerzero The collaboration positions Apex Fusion as the first ecosystem to unite Cardano’s UTxO liquidity with Ethereum’s EVM framework via Layerzero, forging a new bridge between historically separate blockchain systems. Developers can now deploy omnichain applications (OApps) and tokens (OFTs) on NEXUS while reaching over 60 Layerzero-connected ecosystems without bespoke bridge integrations. This reduces friction, broadens access, and introduces native interoperability between EVM, Solana, and Cardano environments. Christopher Greenwood,…
Ethereum continues to show strength, currently trading around $4,670 as it edges closer to the midline of its ascending channel. The market has maintained a steady recovery since late September, but signs of local exhaustion are beginning to appear, suggesting a potential short-term pullback before another push higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains firmly within its rising channel structure, supported by the 100-day moving average near $3,900 and the 200-day around $3,000. The price is approaching the $4,800 resistance zone, a key level that has repeatedly capped rallies over the past couple…
Key Takeaways T-Rex’s 2X BitMine ETF (BMNU) recorded $32 million in trading volume on its first day, making it the third-best ETF launch of 2025. BMNU offers investors 2X leveraged daily exposure to BitMine’s stock performance, appealing to those seeking amplified returns tied to cryptocurrency-related firms. T-Rex launched its 2X BitMine ETF (BMNU) today, generating $32 million in first-day trading volume and ranking as the third-best ETF debut of 2025, according to Bloomberg ETF analyst Eric Balchunas. The fund provides 2x daily leveraged exposure to BitMine Immersion Technologies (BMNR), which holds 2.4 million ETH valued at $9.6 billion. The product…
The second-largest cryptocurrency experienced a 12% price surge over the past week, reaching around $4,700. The question now is whether it can continue its positive performance throughout the ongoing month and tap a new record valuation. The Odds are Looking Good Many analysts are confident that Ethereum could break past its previous all-time high of almost $5,000 as early as this October. To add an interesting twist to the discussion, we consulted three leading AI-powered chatbots for their forecasts and interpretations. ChatGPT claimed ETH has a realistic chance to do so. It noted that Grayscale recently launched the first Ether…