Author: NBTC

Another diamond-handed Ethereum whale has reactivated from dormancy to massive portfolio gains after holding onto his ETH for over 10 years. Whale Alert drew the crypto community’s attention to this whale activity on Saturday, August 16. Notably, this was a pre-mine whale who had been dormant for 10 years and a month, with the recent transaction being his first. Ethereum Whale Awakens from Slumber For context, the address “0x61b9” was among the early Ethereum adopters and received 334.7 ETH at the genesis block. Etherscan shows it received the ETH 3,669 days ago, which is approximately 10 years and a few…

Key Takeaways Peter Thiel has disclosed a 7.5% stake in ETHZilla, which trades under the ticker ATNF. Thiel and his investor group reported beneficial ownership of over 11 million shares of 180 Life Sciences. Peter Thiel, the billionaire tech investor and co-founder of PayPal and Palantir, is part of an investor group that holds a 7.5% stake in 180 Life Sciences, which is rebranding as ETHZilla, an Ethereum-focused corporate treasury vehicle, according to a new SEC disclosure. Shares of 180 Life Sciences (ATNF) jumped over 11% at Monday’s close and surged roughly 57% in overnight trading, Yahoo Finance data shows.…

Deribit, the world’s largest crypto derivatives exchange, announced that it will launch Bitcoin (BTC) and Ethereum (ETH) options settled in USDC. Deribit, recently acquired by Coinbase, the largest cryptocurrency exchange in the United States, announced on August 19 that it will launch linear Bitcoin and Ethereum options priced and settled in USDC, in addition to futures, according to The Block. Deribit’s announcement of USDC for BTC and ETH comes just over a year after integrating USDC-calculated linear options for altcoins like Solana (SOL) and XRP. Deribit CEO Luuk Strijers commented on the latest announcement: The positive response and growing demand…

This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to decentralize mining hardware and software. End of Disposable Miners? Block’s Proto Rig Adds 10-Year Lifespan The announcement at Core Scientific’s facility — where operational Proto Rigs are already deployed — signals Block’s entry into the competitive ASIC mining market under its Proto division, following its initial bitcoin mining chip sales. Proto Rig replaces disposable hardware models with upgradeable infrastructure. Its modular design enables operators to swap individual hashboards instead of…

Unilabs Finance has been able to raise more than 12.6 million dollars in initial coin offering (ICO). The active involvement of such investors evidences the growing popularity as an AI-based DeFi platform with leading-edge technologies, Unilabs Finance. It is especially interesting that it comes while Ethereum is busy and inflows in Ethereum ETFs have raised significantly. ETH Whales Momentum In this ICO, ethereum whales played an important role since they can influence prices considerably by their holdings. They are involved as an indication of high confidence in the potential of Unilabs Finance. When whales bet on this project, they are…

Crypto ETFs are dominating new fund launches, attracting billions as investors flock to regulated bitcoin and ethereum exposure, eclipsing traditional offerings and reshaping Wall Street’s growth narrative. Wall Street Turns to Crypto ETFs as Investors Demand Regulated Exposure Cryptocurrency exchange-traded funds (ETFs) have emerged as dominant players in the market for newly launched funds, drawing billions in investor capital since early last year. Nate Geraci, president of Novadius Wealth Management, host of ETF Prime, and co-founder of the ETF Institute, stated on social media platform X on Aug. 10: 1,300+ ETFs have launched since beginning of last yr… 10 of…

Major crypto exchange Binance has revealed the addition of two cryptocurrencies, Hedera (HBAR) and Sui (SUI), to the BNB Smart Chain (BSC) network. In a new official post today, Aug. 15, Binance stated it has completed the integration of Hedera (HBAR) and Sui (SUI) on the BNB Smart Chain (BSC) Network, with deposits and withdrawals now open. Hedera (HBAR) is the 17th largest cryptocurrency with a market capitalization of $10.45 billion and trading at $0.246. SUI ranks as the 14th largest cryptocurrency with a market valuation of $10.45 billion and trading at $3.69. The move remains significant since it expands…

After Ethereum (ETH) came within touching distance of its $4,878 all-time high last week before pulling back to around $4,448, on-chain flows reveal a stark divide in behavior. It suggests that retail is panicking, while institutions are quietly hoarding. Bitcoin and Ether both cooled off after last week’s highs. BTC price dropped around 5% from its fresh ATH of above $124,400 to the $117,000 zone. This moved the cumulative crypto market to print red indexes on Saturday morning and to drag below the $4 trillion cap. Its 24-hour trading volume is down by 32% to stand at $180 billion. ICO…

A recent working paper from the Central Bank of Malaysia has identified XRP and bitcoin as potential alternatives to traditional monetary and payment systems. Digital Assets Could Replace Bank Deposits A recent working paper from the Central Bank of Malaysia (CBM) has identified XRP alongside bitcoin ( BTC) as potential “alternatives to the current monetary and payment instruments.” The paper, which examines the fundamentals of what the CBM calls modern money and its application to a central bank digital currency (CBDC), posits that these digital assets could eventually replace currency in circulation (CIC) or bank deposits if they become widely…

Anyone tracking XRP’s on-chain flows over the past few weeks would have noticed a consistent pattern: anonymous wallets have been sending millions of XRP to Coinbase, and these transfers have been massive. The latest transfer happened earlier today when 16.71 million XRP — just over $51.8 million — moved from an address with no public ties to Coinbase. This amount is not random; it is nearly identical to the “slice size” that has repeatedly appeared in major U.S. exchange’s recent wallet reshuffles. The backstory begins in June when an “XRPWallets” account mapped 52 cold wallets linked to Coinbase. Ten of…