Author: NBTC

Bitmain has accused Orb Energy Co. of gross mismanagement weeks after the company filed for Chapter 11 bankruptcy. The bankruptcy filing came after Bitmain secured injunctions in a Texas state court. Bitmain wants the U.S. bankruptcy court to allow it to reclaim thousands of Bitcoin miners from Orb Energy, citing various reasons ranging from the misappropriation of digital assets and obstructing access to equipment to damaging thousands of Bitcoin mining machines worth millions of dollars. Bitmain motions to reclaim BTC miners In an emergency motion filed on August 27 in the Southern District of Texas, Bitmain argued that the automatic…

Zypher Network has revealed that its native token, the $POP, will be listed on KuCoin on September 10, 2025, at 12:00 UTC. The token has already opened its deposits on the BSC-BEP20 network, and the POP/USDT trading pair is validated. The announcement is a significant milestone in the history of Zypher Network, a project focused on building a high-tech AI layer of security. The platform aims to guard the application of AI to decentralized finance, financial services, productivity tools, and broader technology ecosystems through decentralized prompting, auditing, and verification. Advancing AI Safety in Blockchain Applications One of the most burning…

Ethereum price today is trading around $4,298, consolidating inside a tightening symmetrical triangle on the 4-hour chart. Support is close to $4,250, and resistance is at $4,370. This means that ETH is at a key point where it could either break out or go down even more. Ethereum Price Compresses In Triangle Structure ETH price forecast (Source: TradingView) Ethereum price action shows repeated defenses of the $4,250 zone, where the 200-EMA aligns with trendline support. Overhead, the 20-EMA near $4,312 and the 50-EMA around $4,351 continue to cap rallies, creating a narrow trading range. Related: Dogecoin (DOGE) Price Prediction: Rising…

A patchwork of crypto executives is teaming up to raise $200 million to take their blank-check company public amid a boom in crypto public debuts. The Cayman Islands-based Bitcoin Infrastructure Acquisition Corp Ltd, a special purpose acquisition company (SPAC), plans to offer 20 million shares for $10 each on the Nasdaq under the ticker “BIXIU,” it said in a regulatory filing on Wednesday. The firm plans to merge with an existing company to take it public, but has yet to determine a target. It will focus on those involved in “digital assets, Web3 technologies, financial services infrastructure, and other blockchain-driven…

A truly colossal event has captured the attention of the cryptocurrency world: a Whale Alert report revealed a staggering USDT transfer of 930,000,000 USDT. This monumental transaction, valued at approximately $930 million, originated from the HTX exchange and found its new home on the decentralized lending protocol, Aave. Such a significant move by a major crypto whale often signals deeper market dynamics at play, prompting the community to question the motivations and potential ripple effects of this enormous shift. What Exactly Happened with This Massive USDT Transfer? On a recent day, the blockchain tracking service Whale Alert detected and reported…

Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,350 level in the near term. Ethereum Price Remains At Risk Ethereum price started a recovery wave after it…

Key Takeaways Stephen Miran, Trump’s nominee for Federal Reserve Governor, is set for a Senate confirmation hearing on September 4. Miran’s confirmation is likely, despite opposition, ahead of the Federal Reserve’s key rate-setting meeting. <?xml encoding=”UTF-8″> The Senate Banking Committee will hold a confirmation hearing for Stephen Miran, Trump’s nominee to the Federal Reserve Board, on September 4, as the administration aims to fast-track his approval ahead of the central bank’s next policy gathering. Miran, presently chairing the Council of Economic Advisers and known for his pro-crypto stance, was chosen by Trump to take over the Fed seat left open…

A significant event recently caught the attention of the crypto community: a substantial Metalpha ETH deposit. An address linked to Hong Kong-based digital asset manager Metalpha moved 11,500 ETH, valued at a staggering $49.34 million, from Aave directly to Binance. This massive transfer, first reported by Lookonchain, has sparked considerable discussion regarding its potential market implications and Metalpha’s strategic moves. What Happened with the Metalpha ETH Deposit? Just a short while ago, crypto analytics firm Lookonchain highlighted a crucial transaction. An address identified as belonging to or closely associated with Metalpha executed a notable withdrawal. The funds, consisting of 11,500…

HONG KONG — Binance founder Changpeng “CZ” Zhao believes the convergence of equity markets and crypto is ushering in a new era for digital assets, one that expands access to institutional capital and broadens crypto’s global reach. But he cautions that the sector still faces significant risks, especially as it enters its first major bull cycle since these structures gained traction. Speaking at BTC Asia in Hong Kong, CZ said moves by public companies to hold bitcoin BTC$111,379.45 and other cryptocurrencies on their balance sheets — following the example set by MicroStrategy — mark a breakthrough moment. “In the world’s…

Cryptocurrency exchange Binance is making a significant change to its commission discount system as of September 9, 2025. The company announced that it will completely remove the discount mechanism applied based on the amount of BNB held by users. With the new regulation: Users holding 500 BNB or more will no longer be eligible for the 40% spot trading fee discount or the 20% futures fee discount. The changes will also apply to all other users. Discount rates will now be determined based on the invitation program and transaction performance. The number of people invited by users, the volume of…