Author: NBTC

Globally, there are now 241,700 people whose crypto holdings put them in the millionaire ranks, up 40% in a year, as digital assets start to influence how the rich transfer funds or secure residency and citizenship. Henley & Partners’ Crypto Wealth Report 2025 estimates that, by June, the tally of Bitcoin millionaires rose 70% year over year to 145,100. From the Caribbean to the Gulf, authorities are beginning to accept cryptocurrency for residency and citizenship-by-investment programs. “While the percentage of clients actually transacting in cryptocurrency remains relatively small due to current program limitations, we’re seeing significant interest and inquiries about…

U.S. crypto exchange Coinbase says it is deepening its presence in emerging markets with a fresh investment in CoinDCX, citing India and the Middle East as key drivers of future global crypto adoption. The deal values the Indian exchange at $2.45 billion post-money and marks Coinbase’s latest move to expand its international footprint, according to Coinbase’s Wednesday statement.  “Beyond capital, this partnership brings strategic alignment—not just on what we’re building, but how we’re building it,” CoinDCX CEO Sumit Gupta told Decrypt. “A compliance-first approach to business, rooted in transparency and trust.”  “This investment aligns strongly with our strategic focus…

The largest ether ETH$4,109.67 treasury company BitMine Technologies (BMNR) bought last week’s dip in crypto prices, adding 202,037 tokens, $828 million at current prices, to its holdings, the firm reported on Monday. “The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of,” Bitmine chairman Thomas Lee said in a statement. “Volatility creates deleveraging and this can cause assets to trade at substantial discounts to fundamentals, or as we say, ‘substantial discount to the future’ and this creates advantages for investors, at the expense of traders,” he added. That purchase brought the…

Zerohash secures $104M in Series D, valuing the crypto startup at $1B. Interactive Brokers leads raise; Apollo and other strategic investors join. Zerohash expands crypto trading, stablecoins, and tokenization services. Crypto infrastructure startup Zerohash has secured $104 million in fresh funding, drawing support from some of the world’s most prominent financial institutions, including Morgan Stanley and SoFi. The Series D round, led by global automated trading firm Interactive Brokers, values the Chicago-based company at $1 billion, according to founder and CEO Edward Woodford in an interview with CNBC. Interactive Brokers leads round with strategic investors The latest funding round underscores…

South Korea-based cryptocurrency exchange Upbit has announced a new listing. The exchange will begin supporting the Yield Guild Games (YGG) token in KRW and USDT trading pairs. Upbit to List Yield Guild Games (YGG) Token on KRW and USDT Markets YGG transactions will open on the Ethereum network at 2:30 PM on October 15, 2025. Upbit cautioned investors to complete network verification before trading. Deposits and withdrawals made outside the specified network (YGG–Ethereum) will not be supported. The exchange will implement temporary trading restrictions for investor protection during the listing. Buy orders will be limited for the first five minutes…

Following last week’s macro-driven liquidation cascade, Ethereum has stabilized and is showing early signs of structural recovery. Despite the sharp selloff that swept through the crypto market, ETH has successfully defended a major demand zone and is now attempting to reclaim critical levels that will determine whether this rebound evolves into a full continuation or remains a temporary relief rally. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum rebounded strongly from the $3.4K demand zone, which aligns with the 200-day moving average and the lower boundary of the ascending channel that has guided the price since…

The Fed cut interest rates by 25 basis points last week, in line with expectations. Expectations for a further rate cut are diminishing due to inflation concerns. While FED members have different opinions on interest rate cuts, two FED members made warm statements. Accordingly, Fed Vice Chair for Supervision Michelle Bowman stated that it is time to take decisive steps regarding interest rate cuts. Speaking at the Kentucky Bankers Association Annual Convention, Bowman also expressed concern that the central bank was responding too slowly to the weakening labor market. Bowman said the Fed may be slow to support the labor…

Over-the-counter (OTC) desks played a crucial role in stabilizing trading during the recent crypto market crash by acting as shock absorbers that contained volatility and limited broader systemic risks, according to a note from Finery Markets, a leading crypto ECN and trading SaaS provider ranked among the top 30 digital asset firms globally. On Friday, bitcoin BTC$112,461.31, the leading cryptocurrency by market value, plunged from around $122,000 to $103,000, with most of the losses occurring in the late hours. The broader market wilted, marked massive losses in alternative cryptocurrencies and volatility in otherwise stable cryptocurrencies such as Ethena’s synthetic dollar…

Market Recap & Chart Read $Ethereum daily chart shows a classic shakeout-and-reclaim: The selloff knifed through mid-range support, tagging the $3,840–$3,500 demand zone (multiple green arrows), then reversed hard. Price has reclaimed the $4,000 handle and is pressing into the $4,350 area, which aligns with the 50-day SMA (~$4,354) and prior horizontal resistance (~$4,356–$4,357). Candles show long lower wicks on the lows, hinting at aggressive dip buying. Momentum now hinges on whether bulls can convert $4,350 into support. ETH/USD 1-day chart – TradingView Key levels from the chart Resistance: $4,350–4,360 (50D SMA & prior horizontal), $4,500, $4,800, $5,000 (psychological). Support:…

U.S. stocks remained near record highs on Tuesday but saw a largely muted opening as the previous session’s spike cooled amid gold’s surge to a new all-time high. Summary Dow Jones Industrial Average opened higher, but stocks were largely muted in early trading Tuesday. Gold surged to new highs above $3,800, with investor sentiment upbeat ahead of Federal Reserve chair Jerome Powell’s speech. The Dow Jones Industrial Average opened higher and added nearly 200 points, while the S&P 500 and the tech-heavy Nasdaq Composite both showed subdued action at the open. A cooldown for the primary gauges followed an explosive…