Author: NBTC

Trump urges the Fed to cut rates after Q2 GDP jumps 3%, beating expectations. Markets now price in a 65% chance of a September rate cut as inflation cools. Crypto markets remain optimistic, seeing upside whether or not the Fed acts today. Trump really doesn’t hold back! The U.S. economy grew faster than expected last quarter and President Donald Trump wasted no time turning up the pressure on the Federal Reserve. In a post on Truth Social, the President called out Fed Chair Jerome Powell once again: “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! ‘Too Late’ MUST NOW…

Recently, famous crypto trader AguilaTrades, a popular, mysterious crypto whale, returned with another large position in Ethereum. This time, AguilaTrades has taken a short position with 25x leverage, amounting to $84 million and comprising 20,000 ETH. The “Mysterious Whale” @AguilaTrades is back, but this time he has opened an $ETH short position with 25x leverage.The current position is valued at $84M with 20,000 $ETH.https://t.co/KvY5js9vTV pic.twitter.com/9LMQQAhU5M — Onchain Lens (@OnchainLens) August 10, 2025 This action coincides with a time when Ethereum has a high bullish momentum, when it has gained 22% in one week. The current price of ETH is $4,202,…

New Zealand-based investment platform Sharesies is entering the crypto market. Co-CEO Leighton Roberts announced the company will roll out retail cryptocurrency trading in August. This comes amidst increased user demand and all-time high crypto market rallies driven by Bitcoin. “At Sharesies, we see an opportunity to make crypto investment more straightforward and less overwhelming for New Zealanders -whether they are new to crypto or seasoned investors who want to reduce complexity.” Co-CEO Leighton Roberts The platform intends to make investing in digital assets easier by removing popular obstacles associated with wallets and personal keys. Early access can be obtained via…

Flare, the EVM-compatible interoperative chain has unveiled its new product—a seedless wallet, along with some other upcoming plans. It is steadily increasing in user engagement, as evidenced by certain metrics. Shiny New Wallet In a press release shared with CryptoPotato, Flare announced the launch of its seedless, non‑custodial wallet Luminite. Turnkey’s embedded wallet technology was used to create Luminite, which allows users to set up their wallet using familiar sign-in methods such as passkeys, biometrics, or email, without needing to write down and store a seed phrase. Funds can be added via built-in fiat on‑ramp partners (including Topper) to purchase…

Bitcoin’s share of the crypto market is falling while Ethereum has surged past $4,300, leading many experts to predict it could overtake BTC in value within a year. Strong chart patterns and rising corporate interest add weight to the idea of a possible “flippening,” where Ethereum becomes the top cryptocurrency. Ethereum’s rapid growth comes as Bitcoin’s market dominance breaks from a trend that started in late 2022. Analyst Lark Davis notes that the last similar drop sent ETH to its all-time high of $4,900, and with the price already above $4,000, analysts now expect an even larger rally ahead. Analysts…

Coinbase’s Ethereum layer-2 network Base has overtaken Solana as the top ecosystem for launching memecoins, buoyed by a surge in token creations on the Zora platform in recent weeks. On Wednesday, Zora alone accounted for 23,419 newly launched tokens, surpassing both LetsBonk and Pump.fun, two of Solana’s most active launchpads, according to blockchain data tracked by @sealaunch_team on Dune Analytics. the majority of new coins are now created on @base pic.twitter.com/RjGhbX9MwV — jesse.base.eth (@jessepollak) July 29, 2025 In total, 52,507 tokens were launched on several platforms, but Zora was responsible for 44.6% of that activity. LetsBonk followed with 19,593 tokens,…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Chronicle, the oracle infrastructure provider powering secure, scalable onchain financial data, has been named the exclusive partner to Grove Protocol, an institutional-grade credit platform with a $1 billion tokenized asset allocation strategy. Grove, part of the Sky ecosystem known as a ‘Star’, the name Sky uses for units in its network, launched in June with a $1…

Crypto markets began Monday on a high note, with ether (ETH) up more than 21% over the past seven days to $4,300 and bitcoin climbing 3% to within touching distance of record highs.BTC led gains among majors in the past 24 hours, with Solana’s SOL (SOL), XRP , dogecoin , and BNB Chain’s BNB (BNB) rising nearly 1%, but reversing all profit-taking from the weekend to start the week in green. The S&P 500 recovered from last week’s post-payrolls dip to near all-time highs, while the Nasdaq set a new record on strong earnings, shrugging off political noise and fresh…

As the Fed prepares to announce its interest rate decision this evening, it finds itself under historically intense political pressure. US Treasury Secretary Scott Bessent, speaking ahead of the meeting, said the Fed was not expected to cut interest rates today. He also said the Fed needed to “show some imagination” and reiterated that it had made mistakes regarding inflation, particularly regarding tariffs. Bessent also offered important messages regarding trade talks in his remarks. He stated that if an agreement isn’t reached by August 1st, negotiations could continue beyond that date. “I urge people not to panic before August 1st,”…

At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power, Profit, and Precision: Today’s Top 50 BTC Mining Machines The economics of bitcoin (BTC) mining can shift overnight, but for operators with ultra-low electricity costs, some machines stand out as clear profit leaders. The following ranking captures the most profitable miners this weekend between Aug. 9 to 10, 2025, based on metrics from asicminervalue.com, BTC’s price, the current network difficulty, and…