Author: NBTC

Eleven Ethereum wallets accumulated nearly 296,000 Ether, valued at $1.19 billion on Wednesday, in some of the largest single-day on-chain transfers this year. According to blockchain analytics firm Lookonchain, the buying spree came from five exchanges, on the backdrop of price slumps and heavy liquidations in the broader crypto market. Lookonchain reported that the wallets received funds from Kraken, Galaxy Digital OTC, BitGo, and FalconX. The largest single inflow was 41,039 ETH, worth roughly $165 million, sent from FalconX to one address. Whale wallets buy ETH as price correction wipes out weekly gains According to chart data from Arkham Intelligence,…

Bitcoin’s mining difficulty climbed 5% to a record 150.84 trillion on Wednesday, marking the seventh straight upward adjustment, according to Glassnode. Difficulty, which resets every 2016 blocks (approximately every two weeks), measures how challenging it is for miners to find new blocks and maintains the average block time at around 10 minutes. The increase reflects continued growth in the network’s hash rate, now above one zettahash at 1.05 ZH/s. A higher hash rate signals more machines competing to secure the network, boosting security while raising the bar for profitability. That pressure is showing up in hashprice, miner revenue per unit…

Ethereum falls below $4K amid whale liquidations, ETF outflows, and weak institutional demand, with next support around $3,800. ETH market shows declining dominance, lower on-chain activity, and oversold RSI, signaling potential further drop but long-term accumulation opportunity. Ethereum ($ETH) has recently fallen below the key $4,000 support level, raising concerns among investors about how low the Ethereum price might go in the short term. Several factors, including macroeconomic uncertainty, slowing ETF inflows, and low exchange liquidity, are contributing to the recent drop. Ethereum Liquidation Heatmap According to Coinglass, in the past hour, $100 million in Ethereum long positions were liquidated.…

Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and what it means for shareholders. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining and crypto treasury strategies. Originally published on Oct. 1, 2025, by Cindy Feng. Cipher Mining recently announced its first hyperscale deal, revealing Fluidstack as its HPC client, the same Google-backed partner TeraWulf signed earlier this year. This marks the fourth major HPC hosting contract among…

Ethereum price has slipped under the $4,200 support zone, triggering a sharp correction that has rattled the broader altcoin market. With ETF flows weakening, macro uncertainty growing, and technical breakdowns appearing on the daily chart, investors are asking the same question: is ETH price headed for a deeper correction or just a temporary shakeout? Ethereum News: Why Ethereum Price Fell Below $4,200? The latest dip was triggered when Ethereum lost its $4,200 support, a level that had previously served as a strong defensive line. This breakdown coincided with cascading liquidations worth over $1.7 billion across altcoins, of which $212.9 million…

Bitcoin mining equipment maker Canaan (CAN) has secured its biggest hardware order in three years, selling over 50,000 of its Avalon A15 Pro bitcoin miners to a U.S.-based mining firm. The machines are set to ship in the fourth quarter of 2025, the Singapore-based company said. The name of the buyer wasn’t named, although the scale of the purchases points to a major mining operations. “This milestone order represents a significant win for Canaan and reflects the robust resurgence of the U.S. market,” Canaan CEO Nangeng Zhang said in a statement. The order also points to miners’ continued bets on…

SharpLink Gaming (SBET), the Ethereum treasury firm led by Joseph Lubin, unveiled plans on Thursday to tokenize its equity on the Ethereum blockchain as the stock tokenization trend is gaining steam. The Minnesota-based firm said it has tapped tokenization specialist Superstate as its digital transfer agent, while its equity token will be natively issued through Superstate’s Opening Bell platform, a system designed to issue SEC-registered shares directly on blockchain rails. The move comes as tokenization of financial instruments such as equity is gaining momentum across crypto markets. A slew of tokenized equity offerings debuted in the past few months predominantly…

Canaan Inc., a Singapore-based cryptocurrency mining equipment manufacturer, announced Wednesday it has landed its largest order in three years: more than 50,000 Avalon A15 Pro Bitcoin mining machines from an unnamed U.S. customer. The firm’s shares, listed on Nasdaq under the ticker CAN, quickly spiked in price to a recent mark of $1.30, per Yahoo Finance—a 25% jump on the day, and the highest price seen since February. The purchase order, disclosed in a company statement, marks a notable milestone for the firm as institutional demand for Bitcoin mining infrastructure rebounds. The machines are scheduled for delivery in the fourth…

One of the most closely watched accounts in crypto trading circles has racked up more than $44 million in losses in just 40 days. According to EmberCN data, the individual first saw $35.8 million vanish on an Ethereum long, then followed with a $7.5 million loss shorting Bitcoin. Despite the string of setbacks, he has returned to the market with another aggressive bet, a massive Ethereum long. The move highlights both the scale of volatility in crypto and the risks of narrow-margin leverage. Pattern of Costly Missteps The trader’s strategy has repeatedly ended in liquidation. His long on Ethereum lasted…

This is a segment from The Breakdown newsletter. To read more editions, subscribe “The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence.” — Charles Bukowski Crypto bros are from Mars… An academic study flagged by Tyler Cowen might inadvertently explain why the cryptosphere is so male dominated. The researchers report their findings that the advantage men sometimes have in intelligence testing is eliminated (or reversed) when the tests are adjusted for confidence levels. Men and women, they find, differ primarily in how sure they’re right: Men are…