Author: NBTC

The IMF has revealed El Salvador isn’t buying more bitcoin (BTC) despite claims from its BTC office, but rather topping up its holdings with BTC from various other government wallets. That’s according to a footnote in the IMF’s review of the Extended Fund Facility (EFF) that states, “Increases in Bitcoin holdings in the Strategic Bitcoin Reserve Fund reflect the consolidation of Bitcoin across various government-owned wallets.” The IMF’s “Extended Fund Facility” gave El Salvador a $1.4 billion loan and was approved last February. Loan conditions stipulated that El Salvador’s government, run by the tyrannical bitcoin maximalist Nayib Bukele, should wind…

For a year, Ethereum, the second largest blockchain, has lived in the shadows of its competitors, as cryptocurrencies like bitcoin and solana jumped in price and dominated the conversation. Amid criticism from investors and some community members, ETH languished at levels below $1500 as recently as April. But on Monday ETH was near $3800, up 13% year-to-date, and analysts pointed to numerous signs of a turning point for the project. Some have pointed out that the momentum of the ecosystem has returned partially thanks to the explosion of stablecoins and tokenization on Ethereum. “For institutions looking to get exposure, Ethereum…

The US housing sector may be moving toward recognizing crypto in mortgage underwriting, but Redfin’s chief economist urges caution. Daryl Fairweather warned that crypto poses risks traditional finance models may not fully capture, pointing to volatility, custody concerns, and cyber threats. “There are unknown risks in crypto that maybe will not be fully accounted for,” she said. Her comments follow a new directive from the Federal Housing Finance Agency (FHFA), which ordered Fannie Mae and Freddie Mac to study whether digital assets held on US-regulated exchanges could be factored into mortgage risk assessments. The review is in early stages and…

Prediction markets offer users the opportunity to test their knowledge about real-world events spanning diverse topics like crypto, politics, pop culture, and sports.  On Myriad Markets, users can place predictions in these categories using USDC or points, collecting their share of profits if and when they predict correctly.  This week, some of the top markets on Myriad involve the next move for the surging XRP, whether Ethereum (ETH) is poised to spike to a new all-time high price, and whether the newly launched Pump.fun (PUMP) token will be airdropped to users this month. (Disclaimer: Myriad Markets is a product of…

The US Securities and Exchange Commission (SEC) met with industry players to discuss a token standard to support the compliant issuance and transfer of tokenized securities. The SEC’s Crypto Task Force met with Ethereum-aligned organizations on Thursday, including the ERC-3643 Association, Chainlink Labs, the Enterprise Ethereum Alliance and Linux Foundation (LF) Decentralized Trust. During the meeting, the blockchain proponents and the SEC explored how open standards like ERC-3643 and compliance frameworks like Chainlink’s Automated Compliance Engine (ACE) could help bridge onchain technology with traditional regulatory requirements. ERC-3643 is a token standard aiming to become the foundation for compliant capital markets…

Nasdaq-listed biotech firm Windtree Therapeutics has entered into a strategic partnership with crypto exchange Kraken to manage its BNB-focused crypto treasury program, the companies announced Tuesday. The deal will see Kraken handle custody, trading and over-the-counter (OTC) execution of BNB assets for Windtree. So far $60 million has been raised, and another $140 million could be on the cards for the BNB treasury strategy, so potentially a $200 million deal, a Kraken representative said via email. Crypto treasury plays are all rage right now. Windtree says this is the first treasury strategy focused on BNB, the native asset of the…

DigitalX Limited, an Australian-based digital asset investment firm, announced the purchase of an additional 57.5% of Bitcoin as part of its Bitcoin-focused treasury strategy. The company completed the purchase at an average price of $118,275. DigitalX Continues Bitcoin Purchases: 167 BTC in July, Exceeding $78 Million Highlights: New purchase: 57.5 BTC – 118,275 USD Toplam varlık: 425.1 BTC, yaklaşık 78.2 milyon dolar değerinde 232.1 BTC are held directly. 193 BTC are held through the ASX-listed DigitalX Bitcoin ETF (BTXX). July total: 167 BTC received, worth approximately $30.7 million This latest acquisition was funded by a reallocation from the company’s existing…

After weeks of steady buildup, the Ethereum price today is trading near $3,759, marking a 51 percent monthly surge and testing a multi-year triangle resistance on the monthly chart. This move comes as ETH challenges the upper boundary of a long-standing consolidation pattern, suggesting the potential for a macro breakout if the $3,800–$4,100 zone is cleared convincingly. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) Ethereum has pushed firmly into the apex zone of a multi-year triangle structure visible on the monthly chart. Price is now attempting to break out of this formation, with $4,095 acting as the…

Lido DAO (LDO) price rose more than 11% in a short period of time, temporarily reaching $1.03. This sudden increase is thought to be due to BlackRock’s application to add a staking feature to its Ethereum ETF. Chart showing the rise in LDO price following the news. Lido DAO operates as a liquid staking derivative provider for Ethereum. Users lock up their ETH with Lido DAO, assuming a certain amount of additional risk, and in return receive a token called stETH, considered equivalent to ETH. This allows users to both lock up their tokens and still have liquid use of…

A federal judge overseeing Tornado Cash co-founder and developer Roman Storm’s criminal trial will allow jurors to hear testimony claiming he could have modified the platform “to deter criminals from using it.” In a Sunday order, Judge Katherine Failla denied a defense motion requesting to preclude testimony from a government witness over modifications Storm allegedly could have made to Tornado Cash. The witness, Philip Werlau, an investigator at the fraud investigation and Anti-Money Laundering compliance company AnChain.AI, will be allowed to offer testimony that Storm allegedly had the means to stop Tornado Cash from laundering the proceeds of crimes using…