Author: NBTC

Ethereum price is going up today, Aug. 23, and is hovering at its all-time high, continuing a strong comeback that started in April when it bottomed at $1,383. Summary Ethereum price jumped to a record high after Jerome Powell’s speech at the Jackson Hole Symposium. It also jumped after retesting a crucial support level, its highest point in December last year. Ethereum ETF inflows resumed on Thursday and continued on Friday. Ethereum (ETH) jumped to a record high of $4,877, bringing its market capitalization to $572 billion. This article explores some of the top reasons the ETH price is soaring.…

Fed Chair Jerome Powell announced today an updated monetary policy approach that prioritizes price stability and leaves some elements of the previous framework behind. Powell’s speech at the annual conference in Jackson Hole indicated that the Fed’s new framework moves away from its “make-shift” strategy and emphasis on low interest rates in 2020. The new strategy includes a return to flexible inflation targeting. In his speech, Powell stated, “We believe monetary policy should be forward-looking and take into account lags in its impact on the economy,” adding that the balance of risks would be considered between both employment and inflation…

Stakin, a well-known platform for staking services, has announced the termination of its operations on the Agoric blockchain. In this respect, Stakin will no more operate on the Agoric Blockchain from the 1st of October onwards. As the platform revealed in its recent social media announcement, this termination of operations is a part of its restructuring plan concerning validator services. Parallel to this announcement, Stakin has persuaded delegates to redelegate stake they own to alternative validators ahead of the deadline. Stakin will be sunsetting operations on @agoric as of October 1, 2025.We kindly ask all delegators to redelegate their stake…

Ether (ETH) is trading near record highs and bullish forecasts like Tom Lee’s $15,000 year-end target have put a spotlight on how investors can best gain exposure to ETH. Market Context According to CoinDesk Data, ether, the second-largest cryptocurrency, is trading at about $4,783 at the time of writing, near its all-time highs, reflecting strong investor demand amid growing institutional adoption. Tom Lee, head of research at Fundstrat, CIO of Fundstrat Capital and chairman of BitMine Immersion Technologies (BMNR), told CoinDesk last month that ETH could reach $15,000 by the end of 2025. His comments highlight renewed optimism around Ethereum’s…

After a report surfaced this week alleging that the SEC was investigating Jon Isaac for fraudulent practices in a billion-dollar deal between Alt5 Sigma and World Liberty Financial, Isaac rebuked these statements, dissociating himself from the company’s leadership team. Looking into the matter, BeInCrypto uncovered that Isaac and Alt5 Sigma, which used to be branded as JanOne Incorporated, are part of another ongoing SEC investigation. In 2021, the regulator charged Isaac with financial and disclosure fraud. An Investigation into Alt5 Sigma Earlier this week, news broke that Alt5 Sigma, a company involved in a $1.5 billion deal with US President…

DataVLT, a data analytics platform secured by its blockchain network, today announced a strategic collaboration with DIN Iol, an AI agent Blockchain. With this partnership, DIN aims to power its AI agents and dAI-Apps. By integrating DataVLT’s data analytics infrastructure, DIN blockchain wants to support AI-driven functions of its AI agents and dAI-Apps. DataVLT is a cost-friendly data analytics blockchain platform operating to simplify the sophistication of data science. It helps businesses to leverage their big data meaningfully and scale it cost-effectively. On the other hand, DIN is an AI agent blockchain network that offers wide-ranging solutions and an ecosystem…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. There will soon be a lot more avenues to get crypto exposure. Like, a lot. That’s good for choice, sure — even if those options will be consolidated down the line once we get a better sense of where the space is headed. I wrote earlier this week about the demand for crypto equities (and how some are evaluating those) as more such stocks (like Circle and Bullish) hit major exchanges. This IPO chapter is set to collide with regulatory clarity around more crypto ETFs, setting…

ATT Global, a renowned platform to bridge RWAs with blockchain technology, has partnered with Staynex, a popular travel firm for AI-driven bookings. The collaboration attempts to combine the expertise of ATT in Web3 with Staynex’s ecosystem of over 2.6M hotels, apartments, and resorts. As disclosed in ATT Global’s official announcement on social media, the partnership denotes a landmark in merging blockchain technology as well as travel experiences. Keeping this in view, the joint effort seeks to broaden opportunities, revolutionize connectivity, and offer lasting value to broader communities. 🌐 Unlocking New Dimensions in Travel!ATT Global is thrilled to announce our strategic…

Bitcoin (BTC) failed to capitalize on the rally it experienced on Friday following Fed Chair Jermoe Powell’s subdued speech in Jackson Hole. That rally reversed over the weekend, with the price falling to $112,000. While the upward trend in BTC weakened, Ethereum (ETH) reached a new ATH over the weekend, and it is stated that giant whales are behind this rise in ETH. At this point, analysts said that Bitcoin OG whales are selling BTC and buying ETH, which is shifting capital to Ethereum and creating volatility in the market. WhaleWire CEO Jacob King said Bitcoin’s price crashed due to…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. Wings of a Dove Crypto stocks (and the rest of the crypto and stock market) are soaring thanks to a big boost from Federal Reserve Chair Jerome Powell’s dovish speech at the Jackson Hole Symposium on Friday morning. Crypto and stocks tend to get a boost when the Fed lowers rates because it triggers a rotation of funds from treasury bonds and into risk-on assets. During his remarks, Powell said the “shifting balance of risks may warrant adjusting our policy stance.” In other words,…