Author: NBTC

Ethereum price has weakened sharply over the past several sessions, extending losses as market sentiment deteriorated. The recent dip reflects broader bearish conditions and also deliberate investor actions. Increased selling pressure has made recovery more challenging. At the same time, continued distribution risks push $ETH further lower before meaningful stabilization occurs. Ethereum Holders Move To Sell Their Holdings Whale activity has played a significant role in Ethereum’s latest decline. Over the past week, addresses holding between 10,000 and 100,000 $ETH reduced exposure aggressively. These large holders sold more than 1.1 million $ETH during this period. At current prices, the value…

A new crypto platform headed by China has emerged in the spotlight after hitting $55 billion in cross-border transactions. The value was reportedly attained from over 4,000 transactions from central banks in Asian countries such as China, Saudi Arabia, and Thailand. A new Chinese-led crypto platform has seen a significant surge in transaction volume to over $55 billion, according to a new report by the Washington-based Atlantic Council. The report explained that the prototype ‘mBridge’ platform is being spearheaded by central banks in Asian countries such as Saudi Arabia, China, the United Arab Emirates, and Thailand. mBridge transaction volume has…

Johnny Ng is not interested in zero-sum crypto politics. As regulators in Washington, Beijing and elsewhere in Asia chart their own paths for digital assets, the Hong Kong legislator is focused on something else entirely: building connective tissue between markets, technologies, and jurisdictions that rarely move in sync. Representing the technology sector in Hong Kong’s Legislative Council – the city’s parliament – Ng, who will be speaking at CoinDesk’s Consensus Hong Kong conference next month, has emerged as one of the city’s most vocal advocates for Web3 and digital assets. Over the past two years, he has pushed through stablecoin…

Wirex is facilitating the eventual launch of the Chimera Card, a Bitcoin-funded debit card that will allow spending money easily in over 80 million outlets across the globe. Developed by Chimera Wallet and powered through the Banking-as-a-Service (BaaS) platform of Wirex, the card enables the user to directly fund transactions at the expense of their own wallet and still maintain a self-custodial environment. https://t.co/DY19umCIMq — Wirex (@wirexapp) February 3, 2026 The rate of adoption of Bitcoin has increased quite faster in the last decade but the challenge has been the regular use of Bitcoin as a payment method. Attempting to…

The number of tokens launched on AI agent launchpad Clanker, which runs on Coinbase’s Ethereum Layer 2 Base, skyrocketed to new daily highs following the recent rise of AI-only social media platform, Moltbook. Yesterday, Feb. 2, the number of tokens created on Clanker reached 21,870, breaking its previous all-time highs from over the weekend, per data from Dune Analytics. Daily trading volumes on the AI-powered Base launchpad also surged, reaching an all-time high of over $364 million on Jan. 31. Clanker daily trading volume. Source: Dune The surge in AI agent token activity on Base coincided with the launch and…

OKX, a prominent crypto exchange, has announced the expansion of its centralized decentralized finance (CeDeFi) model ecosystem. OKX CeDeFi now supports Arbitrum and Ethereum networks, permitting consumers to trade numerous on-chain tokens with cross-sector compatibility. As OKX asserted in its official X announcement, the development lets consumers trade across real-world assets (RWAs), AI-powered finance, and perpetuals (perps). At the same time, the platform is also offering a zero-gas experience to increase user engagement. OKX CeDeFi now supports Ethereum + Arbitrum. Zero gas. Millions of onchain tokens from projects across RWAs, perps, AI finance, and more.We handle wallets + routing, you…

BitMine Immersion Technologies, a publicly traded cryptocurrency treasury company linked to investor Tom Lee, is carrying significant unrealized losses on its Ether holdings following the latest wave of market liquidations, underscoring the risks facing crypto balance-sheet strategies during sharp downturns. After acquiring an additional 40,302 Ether ($ETH) last week and increasing its total holdings to more than 4.24 million $ETH, BitMine’s unrealized losses have grown to over $6 billion, according to data from Dropstab, a platform that tracks digital asset prices and portfolio valuations. Based on current market prices, BitMine’s Ether holdings are valued at roughly $9.6 billion, down from…

In much of the West, access to credit is taken for granted. Banks rely on long credit histories, stable wages, and government datasets to determine who qualifies for loans. But for billions of people globally, those systems do not exist or do not work. Builders working on Solana say crypto based lending models are forcing a rethink of how credit risk is actually measured. During a recent interview with TheStreet Roundtable at Solana Breakpoint, Nicolas Cabrera, chief product officer at Tala, explained that many of the customers his company serves are not high risk by choice, but by circumstance. A…

The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. According to reports from local media outlets such as RBK and Kommersant on Sunday, Runets was detained on Jan. 30 and is facing three charges for allegedly concealing assets to evade taxes. The outlets cite court documents from the Zamoskvoretsky Court of Moscow, which indicate that Runets was charged on Jan. 31 and ordered to be placed under house arrest on the same day. Runets’ legal team now has a small window to appeal the house…

Three large wallets bought about $16 million worth of tokenized gold within a few hours on February 4. On-chain tracker Lookonchain shared the moves in real time. One wallet withdrew 1,500 XAUT worth about $7.58 million from OKX. Whales are buying gold.0x2788 withdrew 1,500 $XAUT($7.58M) from #OKX 2 hours ago.0x4E3c withdrew 931.33 $PAXG($4.75M) from #Binance 4 hours ago.0xDea3 bought 732.8 $PAXG($3.74M) 1 hour ago.https://t.co/qJ6krFEk9ohttps://t.co/vG4ilPIR9jhttps://t.co/wDzfNwjYh5 pic.twitter.com/2wtRXkC9x8 — Lookonchain (@lookonchain) February 4, 2026 Second one pulled 931.33 $PAXG worth around $4.75 million from Binance. Additionally, the third one bought 732.8 $PAXG for around $3.74 million. These three actions happened close together. Which…