Author: NBTC

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…

The Trump team has recently transferred 10.84 million $TRUMP, valued at $16.91 million, likely for deposit into BitGo before moving to exchanges. This sizable transfer was reported on Twitter by Lookonchain and adds to the total of 48.25 million $TRUMP moved over the past five months, raising concerns among investors about the impact on price stability. The Key Development The latest transfer of $TRUMP coins comes amid a backdrop of mixed signals in the broader cryptocurrency market. As reported, the Trump team has been systematically withdrawing substantial amounts of $TRUMP, and after each transfer, the price has consistently declined, dropping…

$XRP may already satisfy the requirements that are needed to be treated as a digital commodity under the proposed CLARITY Act, according to analyst Bill Morgan. The lawyer has argued that the bill’s maturity framework goes beyond its 20% ownership threshold. The comments come in response to concerns over whether $XRP can qualify as a “mature blockchain system” under the aforementioned legislation. The CLARITY Act’s framework stipulates that no issuer or affiliated person beneficially owns 20% or more of a digital commodity. It also contains additional criteria pertaining to blockchain governance. However, the lawyer pointed to alternative provisions that could…

A small Bitcoin website launched 16 years ago has returned to the spotlight after crypto accounts marked one of the earliest giveaways in the network’s history. The site, known as the Bitcoin faucet, gave free $BTC to users at a time when the asset had little market value and needed more people to test it. On this day in history, 16 years ago, a developer created a website giving away 5 bitcoin for free to anyone, anywhere. The ‘faucet’ only required a user to complete CAPTCHA, verifying you were not a bot, and distributed 19,700 bitcoin in total, worth more…

DeFi recorded 99 hacks in the second quarter of 2026, more than any quarter on record in DeFiLlama’s database. Real-world tokenized assets in use inside DeFi protocols have since climbed to nearly $3.97 billion, a fresh all-time high. DeFi gives tokenized assets something to do on-chain, turning them into collateral, lending liquidity, or inputs that other protocols can build on. The record proves that a severe security shock has not stopped composable real-world asset value from reaching a new high. What the record measures DeFiLlama’s dashboard puts total RWA active market cap at $33.9 billion and on-chain market cap at…

Joseph Chalom said SharpLink opposes EIP-8363, a draft Ethereum proposal that would burn part of validator rewards as the staking ratio climbs, in an article published on X on Friday. “Sharplink opposes it,” he wrote. Chalom described the proposal, titled “Tapered Issuance Burn,” as phasing in a reduced issuance schedule over about a year and a half, burning a growing share of validator yield as more $ETH is staked. “A growing share of that yield will be burned as more $ETH is staked, until roughly half of all $ETH staked, at which point yield goes down to 0%,” he wrote.…

The World Foundation raised $52.5 million through a strategic $WLD token sale aimed at expanding the global use of World ID technology. Pantera Capital led the investment round. Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto were also among the investors participating in the token sale. All purchased $WLD tokens will be locked for one year. The World Foundation announced that the funds raised will be used to develop and expand the World ID infrastructure globally for businesses, individual users, and AI agents. Related News An Altcoin Is Experiencing Unbelievable Price Swings: It Dropped 88 Percent in the…

While the crypto industry wanted a vote on the Clarity Act, it would probably be better for the industry if that vote were successful. If the bill had failed a cloture vote last week, it may well have just ended the process until the next Congress. And it is unclear whether the Senate would have voted to advance Clarity before the August recess, given ongoing concerns about President Donald Trump’s crypto business ties, renewed debates about stablecoin yields and rewards and other outstanding issues being negotiated. Breaking it down There is a lot to unpack about the crypto industry’s failed…

Geoff Kendrick, head of digital asset research at Standard Chartered, believes that following the recent sharp pullback in Bitcoin, the market may have largely passed its bottom. According to Kendrick’s assessment, Bitcoin’s decline to around $59,000 marks the weakest point in the cryptocurrency market in recent times. Recalling that the leading cryptocurrency has lost over 50% of its value since reaching its record high of $126,000 approximately eight months ago, Kendrick argued that the current situation indicates that the selling pressure is nearing its end. Market Recovery Depends on These Factors Kendrick noted that the market needs some key developments…