Author: NBTC

Worldcoin price tumbled nearly 10% after the World Foundation closed a $52.5 million institutional funding round, shifting investor attention from long-term expansion to near-term token supply. While the Pantera Capital led-investment is set to accelerate the rollout of the project’s AI-powered World ID ecosystem, traders reacted to the accompanying $WLD token sale and renewed supply concerns. The sharp decline has also pushed $WLD below a key support level, putting the token’s recovery at risk. World Foundation Secures $52.5M to Scale World ID The World Foundation confirmed it had raised $52.5 million through a private sale of $WLD tokens to institutional…

White House crypto adviser Patrick Witt called out Democrats for stalling the CLARITY Act’s progress. On X, he accused them of orchestrating a total blockade against a minor procedural vote on the bill prior to the August recess. He contended, “Chuck Schumer and the “pro-crypto Democrats” pulled out all the stops to block a mere procedural vote on the bill before recess, demanding yet another extension.” His remarks come after a lengthy overnight voting session where the bill missed its pre-summer vote, leaving it with low chances of passing in September. This Saturday, nonetheless, Republican John Thune, filed a motion…

South Korean cryptocurrency exchange Upbit has announced the addition of six digital assets to its trading platform. Cysic ($CYS), Impossible Cloud Network ($ICNT), Anoma ($XAN), OpenEden (EDEN), $AIOZ Network ($AIOZ), and Allora ($ALLO) will be available for trading against Bitcoin ($BTC) and Tether ($USDT). The listings are scheduled to go live at 5:00 a.m. UTC today. Details of the New Listings According to Upbit’s official announcement, all six tokens will be paired with both $BTC and $USDT, providing traders with direct access to these assets against two of the most liquid trading pairs on the exchange. The move reflects Upbit’s…

Michael Saylor, founder of Strategy, one of the world’s largest institutional Bitcoin investors, has clarified the long-debated “never sell” adage. Speaking at a Bitcoin event in Prague, Saylor stated that the company could sell some of its Bitcoin holdings if deemed necessary, emphasizing that his past statements were directed at individual investors. Responding to criticism directed at him on social media, Saylor stated that he never said Strategy would never sell its Bitcoins. The renowned executive explained that the “never sell” advice pertains to individual investors’ long-term investment strategies, while a publicly traded company has different financial responsibilities. In his…

Ethereum price traded near $1,918 on Friday after reclaiming $1,900, as spot ETF inflows and improving short-term momentum supported another test of overhead resistance. Ethereum price action today According to data from crypto.news, Ethereum ($ETH) price traded at $1,918.26 at the time of writing, up 0.74% during the daily session. The token reached an intraday high of $1,918.88 after opening near $1,904. The move extended $ETH’s recovery from the $1,850 area and kept its weekly gain above 4%. Buyers have repeatedly defended the $1,840–$1,850 region since the start of August, preventing a deeper correction toward the July lows. Ethereum price…

$BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled $BEAT, $EIGEN and $ZETA unlocks. RootData reported that Audiera will release 21.25 million $BEAT at 9 a.m. Beijing time, valuing the allocation at approximately $67.78 million. The data platform calculates that the release equals 6.87% of $BEAT’s circulating supply. EigenCloud will unlock 38.35 million $EIGEN worth about $7.87 million at 5 a.m. Beijing time, according to RootData. ZetaChain will add 44.43 million $ZETA worth $1.42 million at midnight, with RootData placing the releases at 5.18%…

Grayscale Research Director Zach Pandl said that the CLARITY Act, which aims to create a comprehensive regulatory framework for the cryptocurrency market in the US, now seems unlikely to pass Congress this year. Pandl noted that the Senate’s busy schedule and election year politics make it difficult to reach a bipartisan agreement on the bill. According to Pandl, the failure of the Clarity Act to become law will not directly impact the demand for Bitcoin as a store of value, the functioning of major blockchains, or the growth in stablecoin payments in the short term. The cryptocurrency sector has been…

MGT issued about 1.65 billion shares by Aug. 6 as the inactive Bitcoin miner with no operating business reported no revenue for the first half of 2026 and held just $232,000 in cash while warning it needs more capital to restart operations. The company’s quarterly filing, submitted Aug. 7, shows that its outstanding common shares climbed to 6.29 billion by Aug. 6 from 4.64 billion at the end of 2025. That is an increase of about 1.65 billion shares, or 35.6%, while MGT remained without an active source of revenue. MGT’s primary hosting contract expired in March 2025, when it…

While the debate continues about whether Bitcoin has reached its bottom after the sharp sell-offs in the cryptocurrency market in recent weeks, André Dragosch, Head of Research at Bitwise Europe, made some noteworthy assessments. According to Dragosch, Bitcoin risks a further 20% drop from current levels, and in the worst-case scenario, the price could fall to $48,000. Speaking at the $BTC Prague event in Prague, Dragosch stated that there are significant technical support zones below Bitcoin’s spot price. According to the analyst, the 200-week moving average, around $61,000, stands out as the first major support. Below that is the actual…

ETHGas [$GWEI], which tracks Ethereum [$ETH] gas fees, rose over 36% after a recent decline. $ETH also rebounded slowly, trading near $1,905. The rally lifted $GWEI’s weekly gains above 60%, outperforming Bitcoin [BTC] and the broader crypto market. Daily trading volume rose over 308%, reaching $30.72 million at press time. Speculative interest around the Ethereum ecosystem appeared to drive the surge. Why is ETHGas price rising? Ethereum gas fees rose over the past week, signaling increased network activity and possible congestion. Transaction data pointed to a similar rebound. As per Etherscan, the number of transactions in August was between 3,094…