Author: NBTC

Ether (ETH) has outperformed bitcoin over the past month, buoyed by strong inflows into spot exchange-traded funds (ETFs) and growing corporate treasury allocations, Wall Street bank JPMorgan (JPM) said in a report on Wednesday.The move comes in the wake of U.S. stablecoin legislation (the GENIUS Act) and ahead of an anticipated vote on a broader crypto market structure bill by the end of September, the report said. In July, spot ether ETFs saw record inflows of $5.4 billion, nearly matching bitcoin ETF inflows over the same period. While bitcoin ETFs have posted modest outflows in August, ether funds continue to…

The Aptos Foundation has announced a partnership with Bitso, a leading cryptocurrency-based financial services company in Latin America, to improve cross-border payments in the region. The collaboration will allow Bitso’s 9 million customers to use USDT and USDC on the Aptos network, with a particular focus on remittances between the United States and Mexico. Stablecoin usage in Latin America is growing, supported by use cases such as remittances, small business payments, and treasury operations. According to Bitso, 46% of all transactions on its platform in the first half of 2025 involved U.S. dollar-pegged stablecoins, up 10% from the previous year.…

Kyrgyz-issued stablecoin A7A5 lost its peg to the Russian ruble after it was targeted with sweeping new sanctions by the U.S. and the U.K. The team behind the project announced through social media it’s replacing the crypto’s smart contract with a new one to achieve “fair and accurate pricing.” A7A5 swaps smart contract as stablecoin’s price drops Ruble-backed A7A5, issued by a Kyrgyzstan-registered company, has briefly lost its peg to Russia’s fiat currency, following the imposing of new sanctions by U.S. and U.K. authorities against entities and persons linked to the stablecoin. “On the evening of Aug. 21, the rate…

The growing soccer talk among active crypto traders is not just due to the return of the English Premier League (EPL), but also thanks in large part to Football.fun—a growing on-chain ecosystem that has provided sizable returns to early participants and soccer fans alike.  The newly established protocol built on Coinbase’s Ethereum layer-2 network, Base, allows users to buy shares in their favorite soccer players like Lamine Yamal and Kylian Mbappe across the world’s top professional leagues—like the EPL, La Liga, and Bundesliga—and be rewarded based on their actual performance.  The game blends the experience of opening trading cards with…

Ethereum’s perpetual futures trading volume share hit a historic high of 67% over the past week. In other words, two-thirds of all crypto perpetual futures trading involved Ethereum. This indicates that crypto investors are unusually favoring high-risk investments, even amid a market downtrend caused mainly by concerns over rising US inflation. BTC-ETH Open Interest is Very Close Glassnode released its weekly report, “A Derivatives-Led Market,” on Wednesday. It explained that while Bitcoin’s price recently hit a new all-time high before correcting, the crypto derivatives market primarily drove the market’s direction. Despite the correction, Glassnode pointed out that market participants still…

A new United States bill is in the works to allow the US President to issue letters to private personnel to enforce crypto seizures. According to reports, Arizona lawmaker David Schweikert introduced the bill, Scam Farms Marque and Reprisal Authorization Act of 2025, in August. The bill proposes the use of state-sanctioned pirates to target cybercriminals wreaking havoc in the United States. Under the bill, these privately armed and equipped personnel contacted by the government will be authorized to employ all means reasonably necessary to seize property, detain, or punish cybercriminals that the president sees as a threat. United States…

A majority of investors who hold both cryptocurrencies and stocks say digital assets will outperform equities in the long term, according to a new survey from crypto exchange Kraken. The survey of more than 1,000 U.S. adults, published Thursday, found that 65% of dual-asset investors expect crypto to deliver stronger growth than stocks over the next 10 years. Just 35% favored equities. Nearly 70% said they plan to increase their crypto allocations in the coming year, with men showing stronger conviction than women (74% versus 59%). Over the past 12 months, digital assets have also outperformed for many investors: 42%…

Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition. The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company has created widespread market confusion, damaging Xai’s brand. Ex Populus, the Delaware corporation behind Xai, said it has used the XAI trademark in US commerce since June 2023, including through its blockchain gaming ecosystem and the $XAI token. “This is a classic case of trademark infringement that requires the Court’s intervention to remedy,” the filing said. Ex Populus operates the Xai ecosystem,…

Hut 8 (HUT) is set to spin out most of its bitcoin BTC$111,187.10 mining operations into American Bitcoin (ABTC) within the next week, a move that Benchmark analyst Mark Palmer said could re-rate the company’s shares. Yesterday, Hut 8 unveiled plans to develop 1.53 gigawatts (GW) of new capacity across four U.S. sites, in Louisiana, Texas and Illinois, more than doubling its power under management to 2.55 GW. Palmer raised Hut 8’s price target to $36 from $33 and reiterated his buy rating on the stock. The new price target suggests nearly 40% upside from yesterday’s close just below $26.…

With over $80 billion in trading volume over the past day, Ethereum shows mind-blowing activity you would not expect. This spike in activity is accompanied by $291,600,000,000 in open interest in ETH derivatives, showing that the derivatives market absolutely dominates. Ethereum’s strong interest According to the daily ETH/USDT chart, Ethereum reinforced strong buyer interest by rapidly rebounding near $4,280 after recently pulling back from the $4,800 region. Even though it is a sharp correction, it fits the pattern of a healthy uptrend in which retracements are absorbed before new legs rise. Throughout the recovery, spot volume has remained high, which…