Author: NBTC

Bitcoin retreated from Monday’s record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in profit over the past 24 hours, with the majority going to long-term holders — defined as those who bought more than 155 days ago, who accounted for 56% of the total. The largest cryptocurrency’s rapid rally from $108,000 to $123,000 left a notable supply gap because the swift price action meant little…

Newly launched crypto exchange Etherex aims to be home to all of Linea’s Ethereum capital, building on the promise of Ethereum’s decentralized network by committing to a full incentive alignment with its users.  Etherex—which gets its name from the 2014 Ethereum decentralized exchange, or DEX, idea called “EtherEX”—soft-launched on Monday, preceding the Tuesday announcement from its network and partner Linea that details the Ethereum layer-2’s token plans and alignment with Ethereum mainnet. (Disclaimer: Linea is a product of Consensys, one of 22 investors in an editorially independent Decrypt.)  “Etherex was first imagined in 2014—when decentralized exchanges were still a dream.…

The ink on the GENIUS Act is barely dry, but its ripple effects are already visible across the crypto industry. In just seven days, the sector added nearly $4 billion, pushing the stablecoin market cap above $264 billion and fueling corporate interest in related ventures. The surge is no surprise. The landmark legislation provides banks, asset managers, and other institutional investors with a federal framework for fiat-backed stablecoins without the looming threat of enforcement actions by the Securities and Exchange Commission (SEC). With regulatory clarity comes new capital, new players, and intensified competition. Signs of this shift had already emerged…

South Korea’s leading cryptocurrency exchanges Upbit and Bithumb announced that they will end trading support for Pundi AI (PUNDIAI) on August 28, 2025. The decision was based on security vulnerabilities and a lack of transparency. Users will be able to withdraw their assets from exchanges until September 29, 2025. According to Upbit’s official announcement, this decision was made based on assessments by the Joint Advisory Board of Digital Asset Exchanges (DAXA). DAXA member exchanges can issue trading alerts for certain assets, place them on a “watch list,” or completely discontinue trading support to ensure user safety. PUNDIAI was classified as…

Samson Mow, a vocal Bitcoin supporter and the CEO at JAN3 company that is focused on helping nation-states to adopt BTC, has addressed the crypto community with an important Bitcoin-ATH message on his X profile. Mow is also widely known as one of those bulls who predict Bitcoin to reach $1 million “soon”, expecting it to go up not in regular small movements but in giant Omega candles. Mow’s thoughts on current BTC bull run Mow compared a real inflation rate of 11% (taking egg as an example of a popular basis product’s price surge) to the all-time high reached…

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space:GENIUS Act drives $4 billion stablecoin inflows. Christie’s launches crypto real estate division while Korean asset managers retreat from Bitcoin ETF plans amid regulatory concerns. Meanwhile, Injective tokenizes equity stakes, signaling institutional blockchain adoption acceleration. $4 Billion Flows Into Stablecoins Following GENIUS Act Passage Stablecoin markets captured $4 billion in capital inflows within one week of the GENIUS Act’s final passage, according to DeFiLlama data. Total stablecoin market capitalization surpassed $264 billion, representing 26.9%…

Law enforcement authorities in Turkey have detained the founder of a cryptocurrency exchange, who allegedly funded a prominent journalist, himself recently arrested for criticizing the ruling elite. The businessman is under investigation for allegedly supplying narcotics to a victim whom he is also accused of trying to kill. The coin trading platform he was managing has been geared for global expansion, the Turkish press noted. Crypto executive jailed in Turkey on drug and murder charges Gökalp İçer, chair of the Board of Directors of the Turkish digital asset exchange ICRYPEX, has been detained in Istanbul, Hürriyet Daily News and Türkiye…

FalconX, a global institutional digital asset prime broker, announced its expansion into Latin America, partnering with some of the region’s largest financial institutions, including BTG Pactual and Mercado Bitcoin. This move aims to provide Latin America’s fastest-growing institutional crypto market with comprehensive prime brokerage services, including deep global liquidity, capital efficiency tools, and enterprise-grade infrastructure. Hub for Institutional Crypto Adoption Latin America has become a hotspot for institutional crypto adoption, driven by a tech-forward financial sector, early regulatory frameworks, and substantial economic demand. FalconX’s platform is designed to help banks and regional asset managers scale their digital asset businesses with…

Analysts at investment firm Compass Point reiterated a “neutral” rating for Marathon Digital on Wednesday, arguing that the firm’s focus on preparing for Bitcoin’s next halving relies on unproven strategies that may be hard for investors to immediately assess. On Tuesday, the Miami-based firm disclosed $238 million in second quarter revenue, a 64% jump from a year prior. Net income rose 505% to a record $808 million, partly due to a $1.2 billion gain in the fair value of Marathon’s Bitcoin holdings. Compass Point analysts noted that most Bitcoin miners are focused on opportunities in high-performance computing, prioritizing the space…

After breaking above $122,000 earlier this week, Bitcoin price faced rejection near the upper boundary of a major volume resistance zone. The move follows President Donald Trump’s 30% tariff announcement on EU and Mexican imports, triggering mixed reactions across risk assets. As of writing, Bitcoin price today is trading around $117,200, down over 4.8% from its recent highs. Bitcoin Price Forecast Table: July 16, 2025 What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) Bitcoin broke out of its range on July 11, rallying over $15,000 to test $123,236 which is a key supply zone marked by a red…