Author: NBTC

Ethereum’s price stands at $4,403 on Aug. 12, 2025, at 10:45 a.m. Eastern time, supported by a market capitalization of $530.27 billion and a 24-hour trading volume of $43.98 billion. The day’s intraday range spanned $4,196 to $4,435, underscoring heightened volatility as traders tested key resistance levels. Ethereum On the daily chart, ethereum (ETH) maintains a robust bullish trend, with the price having surged from approximately $2,112 to its recent high of $4,435. Higher highs and higher lows reinforce the upward trajectory, but small-bodied candles near the top hint at short-term indecision. The $4,000 level remains a strong support zone,…

San Francisco Fed President Mary Daly said today that the Fed will need to cut interest rates soon, given the slowing labor market and the impact of tariffs on inflation, which she believes will be short-term. Daly said, “Inflation is gradually declining even without customs duties. As the economy slows and monetary policy remains tight, we anticipate inflation will continue its downward trend.” While acknowledging that customs duties will push inflation up in the short term, Daly noted that this effect will not be permanent. Daly also highlighted the weakening labor market, saying, “The labor market is already weak. A…

The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin law into effect. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — the first major U.S. law to erect a regulatory system in the crypto space — called for government action on limiting dangers from bad actors in digital assets, and the Treasury Department is asking for public comments “to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity,…

AGI Open Network, a popular decentralized AI infrastructure provider, has collaborated with Staynex, a top Travel ecosystem using AI and Web3. The partnership focuses on advancing Web3-driven travel with the integration of robust AI technology. As AGI Open Network mentioned in its exclusive X announcement, the mutual endeavor attempts to bridge cutting-edge decentralized AI agents with unique real-world travel use cases. Keeping this in view, the objective of this move is to unite the decentralized AI as well as the travel market. 🥳 We’re excited to announce our strategic partnership with @Staynex!🎯 Staynex is a Web3 & AI-powered travel ecosystem…

Data provider RedStone has released a new report on Hyperliquid, the decentralized perpetuals exchange that has quickly become the category leader. In just a year, Hyperliquid has grown to capture more than 80% of the decentralized perps market, with daily trading volumes now topping $30 billion, rivaling some of the largest centralized exchanges, according to the report. RedStone highlighted three structural advantages that underpin Hyperliquid’s surge. The first is its fully on-chain order book that now delivers spreads and execution speeds on par with centralized platforms. Second, HIP-3, Hyperliquid’s new permissionless market creation framework, has created one of the most…

Digital asset manager Parataxis Holdings is officially going public through a SPAC deal with SilverBox Corp IV, confirming earlier plans to list, it announced in a press release on Wednesday. The new entity will be called Parataxis Holdings Inc. and aims to trade under the ticker “PRTX” on the New York Stock Exchange (NYSE). At a $10 share price, the deal values the combined company at $400 million, with the potential to double that figure if Parataxis exercises the right to raise an additional $400 million through a share purchase agreement. About $31 million has already been raised and earmarked…

A $30 million plan to buy a presidential pardon for Roger Ver, a.k.a Bitcoin Jesus, charged with tax evasion, collapsed earlier this year before it even made it past the planning stage, according to Bloomberg. The effort was led by two self-styled operatives: Matt Argall, a supplement salesman from Florida who now calls himself “Lord Argall,” and Brock Pierce, a child actor-turned-crypto figure. The scheme took shape during a lobster dinner in Puerto Rico, where Argall and Pierce agreed they could sell Roger a path to clemency. Trump had just won his second term, and they assumed Roger, known as…

Singapore’s largest bank is extending its blockchain strategy by offering tokenized structured notes on the Ethereum public blockchain, in a move that broadens access to complex financial products once reserved for its private clients. DBS said Thursday in a release that it will distribute the instruments through local Singapore exchanges ADDX, DigiFT and HydraX, marking its first time offering tokenized products to accredited and institutional investors outside its own client base. The debut product is a crypto-linked participation note that pays out in cash when digital asset prices rise, while limiting downside exposure. Structured notes traditionally carry minimum investments of…

The announcement of the Kadena DeFi Gateway on August 20, 2025, equips the Kadena blockchain with tools for cross-chain asset transfers and trading, potentially enhancing its integration with other networks and expanding user access to Decentralized Finance (DeFi) applications. The new initiative focuses on bridging Kadena’s native KDA token to Ethereum as kb-KDA, listing it on Uniswap, and setting up the Kinesis Bridge for secure transfers. These steps address interoperability limitations, enabling Kadena users to interact with Ethereum’s ecosystem while preserving the platform’s security features. As a result, the gateway opens pathways for asset movement and liquidity provision, potentially drawing…

Ether (ETH) has climbed 5% in the past 24 hours to $4,470, its highest price since December 2021. Helping the bullish action in crypto in general was Tuesday morning’s Consumer Price Index report. While the data was mixed and inflation remains above the Federal Reserve’s 2% target, market participants lifted bets on the U.S. central bank trimming interest rates at its next meeting in September. Boosting ether in particular was a new massive leg higher in the growing corporate treasury strategy movement. Already the owner of roughly $5 billion in ETH, Tom Lee’s Bitmine Immersion Technologies (BMNR) disclosed plans to…