Author: NBTC

Exciting news from the world of cryptocurrency! South Korea’s leading crypto exchange, Bithumb, has just announced a significant step forward in enhancing market integrity. They’ve officially added Deepcoin to their esteemed list of exchanges that are fully integrated with their robust Travel Rule compliance solution, CODE. This development marks a crucial advancement in achieving greater regulatory adherence across the digital asset ecosystem. This isn’t Deepcoin’s first rodeo when it comes to regulatory adherence. With this latest integration, Deepcoin has now successfully achieved Travel Rule compliance with three major South Korean exchanges: Bithumb, Coinone, and Gopax. Furthermore, it supports deposits and…

Speculators have built the largest leveraged short position in Ethereum (ETH) history, raising concerns about the cryptocurrency’s near-term outlook. According to the latest CME CFTC data shared on August 18, net leveraged short positions on Ether have surged to a record -18,438 contracts. The data highlighted a sharp rise in bearish bets throughout 2024 and into 2025, as institutional traders appear to be positioning against Ethereum more aggressively than ever before. Notably, the surge in shorts points to growing skepticism about ETH’s ability to sustain its valuation. While such extreme positioning often signals deep bearish sentiment, it can also set…

One of the top Strategy (formerly MicroStrategy) influencers has sold his position and called founder Michael Saylor a liar. Josh Mandell, who has over 140,000 followers on X and is frequently praised in subreddits like r/MSTR as a key voice on the company, went viral today after claiming that Strategy executives have reneged on solemn forward guidance. As previously reported by Protos, Saylor decided to modify slide 96 of the company’s July 31 earnings presentation. Critically, he changed the company’s guidance to not dilute common (MSTR) shareholders while MSTR trades at a multiple-to-Net Asset Value (mNAV) between 1x and 2.5x.…

Law firm Fenwick & West has denied accusations from an updated class-action lawsuit alleging it was central to the crypto exchange’s fraud and eventual collapse. Earlier this month, FTX users asked to update their suit against Fenwick, first filed in 2023, claiming new information from a bankruptcy and criminal case shared evidence that the law firm “played a key and crucial role in the most important aspects of why and how the FTX fraud was accomplished.” Fenwick told a Florida federal judge in a filing on Monday that the court should deny FTX users’ request to update a suit against…

Binance, one of the world’s largest cryptocurrency exchanges, continues to periodically review the trading pairs it lists in order to maintain transaction quality and protect its users from possible risks. Binance to Delist Three Spot Trading Pairs on August 29th The exchange announced that some spot trading pairs will be removed from the platform, citing factors such as low liquidity and insufficient trading volume. According to the statement, the following spot trading pairs will be delisted from the exchange at 09:00 on August 29, 2025: BABY/BNB NXPC/FDUSD SXT/FDUSD Binance emphasized that the delistings in question only cover the relevant trading…

A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his Ether (ETH) long position. Despite the market downturn, the savvy trader closed all his positions, locking in a net profit of $6.86 million on Monday, generating an impressive 55-fold return on his initial investment, according to blockchain data platform Lookonchain. After depositing the initial $125,000…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. More crypto IPO filings from Gemini and Figure affirm investors will soon have a more complex investment universe to navigate. Circle’s IPO turned heads in June. Bullish followed suit with its own NYSE listing two months later. It’s safe to say we’re just getting started. I’m a journalist, so I won’t tell you which stocks to pick. I also don’t know; that would depend on the specific exposure you’re looking for. You must know by now that crypto companies are not a monolith.You have your miners,…

The Trump administration is considering at least 11 candidates to potentially replace Jerome Powell when his term as Federal Reserve Chair expires in May — at least three of them have publicly shown a positive stance toward crypto. Treasury Secretary Scott Bessent told Fox News on Wednesday that there are 11 “very strong candidates” for Fed chair, which he’ll begin to vet and shortlist starting next month. The list of candidates, as CNBC reported on Aug. 13, citing two administration officials, includes Dallas Fed president Lorie Logan, former St. Louis Fed president James Bullard, Fed vice chair Philip Jefferson, Fed…

Mastercard and Circle partnered to enable stablecoin settlements for merchants across Europe, the Middle East, and Africa. Summary Mastercard and Circle will enable settlement across the EEMEA region USDC and EURC settlements happen instantly, with lower fees Credit card giant Mastercard is deepening its involvement in stablecoins. On Tuesday, August 26, Mastercard and Circle partnered to enable USDC and EURC settlement for acquirers across Eastern Europe, the Middle East, and Africa. “This is a key move for Mastercard. Our strategic goal is to integrate stablecoins into the financial mainstream by investing in the infrastructure, governance, and partnerships to support this…

Bitcoin’s hashrate just blasted past the 976 exahash per second (EH/s) record it hit on Aug. 8, 2025, according to the latest metrics. As of now, the network’s computational firepower is hovering between a fierce 979 and 986 EH/s. While the upward trend has remained steady, current metrics suggest the hashrate may still have plenty of room to climb from this point forward. Record Hashrate Puts Spotlight on Bitcoin’s Next ASIC Supermachines The top cryptocurrency by market capitalization has pushed its network hashrate to a brand-new all-time high. As of press time, the hashrate hovers between 979 and 986 EH/s,…