Author: NBTC

As Ethereum (ETH) pushes toward the $4,500 resistance level, the Rainbow Chart has offered insights into how the second-largest cryptocurrency by market cap could trade at the start of October. At press time, Ethereum was trading at $4,480, posting modest gains of less than 0.1% in the past 24 hours. On the weekly timeframe, however, the asset has corrected by nearly 3%. Notably, Etheruem is sitting above both its 50-day SMA of $4,298.89 and its 200-day SMA of $2,935.01. This alignment indicates a strong bullish trend, as the price remains comfortably above key support levels on both the short- and…

Bitcoin bounced back from Tuesday’s low of $110,714 and topped $114,000 Thursday morning, reaching its highest level since August 24, per CoinGecko data. Its price movement comes as U.S. spot Bitcoin ETFs notched inflows of $757.1 million Wednesday, per SoSoValue, an eight-week high. In total, U.S. ETFs have accumulated $1.39 billion worth of Bitcoin in September. “These inflows were largely driven by the excellent news from the PPI numbers, which came in much better than expected,” DarkFrost, a pseudonymous verified analyst at CryptoQuant, told Decrypt. Bitcoin’s recent push beyond $113,000 is an “encouraging sign,” according to DarkFrost, who noted that…

Australia has released draft legislation to regulate digital asset platforms, proposing a framework that extends financial services laws to crypto businesses in an effort to bolster consumer protections and provide clarity for the industry. Assistant Treasurer Daniel Mulino announced the reforms on Wednesday at the Digital Economy Council of Australia’s Global Digital Asset Regulatory Summit.  He described the bill as the “cornerstone” of the government’s digital asset roadmap, published in March, and said it would align Australia with international peers.   “This is about legitimizing the good actors and shutting out the bad,” Mulino said. “It is about giving businesses…

Washington is finally paying attention to the full spectrum of crypto issues; earlier this week, it was the Bitcoin reserve, and soon it’s privacy. On October 17, the United States Securities and Exchange Commission (SEC) will hold a public roundtable on financial surveillance and privacy. This is a rare chance to change how privacy is treated in economic regulation. When people use blockchains today, they expose drastically more than they realize. Link a social identity to a wallet, and an economic life becomes a public feed. This level of data exposure can’t be overlooked in the upcoming public roundtable.. Zero-knowledge…

Key Takeaways Kamino, Solana’s top lending protocol, launched a dedicated security transparency page. The security page details protections for over $4 billion in user deposits on Kamino. Kamino, Solana’s leading lending protocol, launched a security page today detailing protections for over $4 billion in user deposits. The page highlights the protocol’s comprehensive security framework, including formal verification partnerships and extensive audit history. The security page showcases Kamino’s collaboration with Certora, a formal verification firm that conducted three security verifications for the protocol. Recent checks on lending vaults confirmed zero critical vulnerabilities as of September 2025. Kamino recently completed an advanced…

A significant development has captured the crypto community’s attention: a massive ETH transfer. Whale Alert recently reported the movement of 70,000 Ethereum (ETH) from Binance to its Beacon Deposit wallet. This substantial transaction, valued at approximately $312 million, signals strategic shifts from a major player. What does this intriguing ETH transfer mean for Binance, Ethereum, and the broader crypto market? Let’s explore its potential implications. What Does This Massive ETH Transfer Signify? This recent ETH transfer to a Beacon Deposit wallet clearly indicates Binance’s commitment to the Ethereum 2.0 (Consensus Layer) upgrade. The Beacon Deposit contract is the gateway for…

Strategy’s (MSTR) bid to join the S&P 500 index was rejected, despite meeting technical eligibility criteria, in what JPMorgan (JPM) calls a sign of growing caution toward companies that function as de facto bitcoin BTC$114,120.44 funds. The index committee’s discretionary decision is a setback not only for Strategy but for the growing number of corporate crypto treasuries emulating its strategy of using balance sheets to accumulate bitcoin, analysts led by Nikolaos Panigirtzoglou wrote. Strategy’s inclusion in other major benchmarks, from the Nasdaq 100 to MSCI indices, has quietly given bitcoin a backdoor into retail and institutional portfolios, the analysts wrote…

South Korea’s Democratic Party has introduced a new task force dedicated to cryptocurrency and blockchain policy. The task force will foster growth in the crypto and blockchain sector by developing friendly policies. Its leaders unveiled the task force on September 24 in the National Assembly. They promised much quicker action, even suggesting that the country might pass its first pro-crypto regulations by the end of 2025. Han Jeong-ae, the policy committee chair, said South Korea needed a system to keep pace with global financial transformations. She added that they expected stable and sustainable innovation, noting that the first major focus…

Google is diving deeper into the Bitcoin mining world after backing a deal that gives the tech giant a more than 5% stake in Nasdaq-listed miner Cipher.  Cipher announced Thursday that it signed a 10-year high-performance computing colocation agreement with AI cloud platform Fluidstack, a premier AI cloud platform. The deal will see Cipher deliver 168 MW of critical IT load, supported by a maximum of 244 MW of gross capacity, at its Barber Lake site in Colorado City, Texas. Google said it will backstop $1.4 billion of Fluidstack’s lease obligations to support project-related debt financing and will receive warrants…

Atleta Network, a sports-focused Layer-1 blockchain, announced a strategic collaboration with Okratech, a multi-chain infrastructure enabling people to access Web3 applications. Using this partnership, Atleta utilizes Okratech’s cross-chain abstraction to introduce advanced DeFi, AI, and decentralized technologies into its sports-based network to help enhance its digital sports engagement and participation. Atleta Network is a Layer-1 blockchain platform aiming to safeguard and expand the digitization of sports, tokenization of traditional sports products, and conversion of private sports markets into public ones. Using its decentralized blockchain, the Atleta Network addresses challenges of fragmented sports data and dishonest transactions/deals in sports. Built for…