Author: NBTC

Ethereum’s NFT activity has witnessed a significant downturn. Data revealed that just 1,127 NFTs were recorded on August 1, 2025. This figure is the lowest in the network’s history. Ethereum NFT Collapses In its latest analysis, CryptoQuant noted that this sharp decline demonstrated how far the sector has fallen since the 2021-2022 boom, when NFTs dominated headlines and trading volumes soared. Even as crypto markets showed signs of recovery in 2024 and 2025, NFTs remained unable to capture the same momentum. Analysts attribute the collapse to several factors, such as fading investor enthusiasm, an oversupply of low-quality collections, and a…

Ethereum price started a fresh decline below the $4,650 zone. ETH is now showing bearish signs and might gain bearish momentum if it drops below $4,340. Ethereum is still struggling to settle above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses and dive if there is a close below $4,340 in the near term. Ethereum Price Dips Again Ethereum price started a recovery wave after it…

A trader who made $38 million trading last week’s plasma (XPL) volatility secured another heft payday on Monday, profiting $250 million on the release world liberty financial (WLFI), a decentralized finance (DeFi) token linked to U.S. president Donald Trump’s family. Etherscan data shows that the wallet in question, belonging to a trader known on derivatives platform HyperLiquid and X as Techno Revenant, invested $15 million in the WLFI token sale last year before being distributed 1% of the total supply on Monday, worth around $250 million. The nine-digit score comes after the trader made $38 million on HyperLiquid last week,…

The price of Ethereum has recently come under pressure, dipping to $4,200 just days after reaching an all-time high of nearly $5,000. This price drop can be explained by recent on-chain data, which reveals a divergence in market behavior. Liquidity metrics such as stablecoin supply and DeFi deposits have fallen to multi-month lows. Meanwhile, adoption indicators, including active addresses and transactions, are at record highs. This suggests that Ethereum may be shifting from a yield-driven market to a utility-led ecosystem, with potential rate cuts in September possibly acting as a catalyst for the next price breakout. Stablecoin on Ethereum Drops…

Gold rose to a record high of over $3,500 per ounce early Tuesday as bitcoin BTC$109,436.20 continued to trade in a lackluster fashion. Data tracked by Lookonchain showed that a whale address 0xFf15 offloaded 425 BTC, worth $46.5 million, in exchange for over 10,500 ETH in the past four days. Meanwhile, Glassnode said that long-term holders have stepped up profit-taking, spending 97,000 BTC on Friday. Derivatives Positioning By Omkar Godbole Crypto futures bets worth $370 million have been liquidated by exchanges in the past 24 hours as the bitcoin price bounced, confounding expectations for a move lower. The liquidation led…

Key takeaways ETH has bounced back from the $4,250 low and is now trading around $4,470 per coin. The coin could rally towards the $4,700 mark soon as bulls intensify recovery efforts. ETH bounces back above $4,400 The cryptocurrency market closed August bearish as Bitcoin and Ether tested new lows. Bitcoin, the leading cryptocurrency by market cap, tested the $107k low before bouncing back to now trade above $108k. Ether also dropped to the $4,200 level, finding support around $4,250. It has now recovered nicely and is trading at $4,480 per coin. The bearish performance comes just a few days…

SmartGold, a gold-backed individual retirement account (IRA) provider, has partnered with tokenization platform Chintai Nexus to let U.S. investors put their gold holdings on blockchain rails and earn a yield in decentralized finance (DeFi) protocols. With the structure, IRA-held gold is tokenized 1:1 on Chintai’s regulated platform, then can be put to work as collateral on DeFi lending markets such as Morpho and Kamino. That collateral can unlock liquidity, which may be reinvested elsewhere while the underlying gold stays vaulted and insured. The account’s tax-deferred status remains intact, according to the press release shared with CoinDesk. The move addresses a…

A Bitcoin whale has been accumulating billions of dollars’ worth of Ether, surpassing the second-largest corporate treasury firm, signaling a growing rotation among large investors seeking cryptocurrencies with more upside potential. A Bitcoin whale worth over $11 billion sold another $215 million worth of Bitcoin (BTC) to buy $216 million worth of spot Ether (ETH) on the decentralized exchange Hyperliquid. With the latest acquisition, the whale now holds 886,371 Ether, worth over $4 billion, according to blockchain data platform Lookonchain, in a Monday X post. The growing whale demand for Ether is signaling the market’s “natural rotation” into Ether and…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Reflect Money announced today a $3.75 million seed round led by a16z crypto’s CSX accelerator, with participation from Solana Ventures, Equilibrium, BigBrain Holdings and Colosseum. Reflect won Grand Champion in Colosseum’s 2024 Solana Radar hackathon. The new capital will fund a “software-as-a-stablecoin” infrastructure that lets any app issue yield-bearing dollars without lockups or operational complexity, the team told Blockworks. Reflect’s pitch is straightforward: Idle stablecoin balances should be put into productive DeFi yield strategies. “Every idle asset represents dead capital…which should be earning while you sleep, while…

Ethereum price is consolidating near its all-time high, with the monthly candle turning green. Market structure remains bullish as long as $3,900 support holds. Summary Ethereum consolidates near all-time highs, showing strong bullish structure. $3,900 support is the critical level backed by confluence. Upside potential targets $5,000+ on continuation. Ethereum (ETH) continues to trade with strength, maintaining consolidation at elevated levels near its all-time high. The latest monthly close has set the stage for further upside potential, as the chart reflects strong market structure and technical confluence. Investor flows reinforce this outlook, with Ethereum spot ETFs now drawing more capital…