Author: NBTC

Key Takeaways Ethereum hit $4,600 for the first time since November 2021, approaching its $4,800 all-time high. Treasury and ETF inflows totaling billions are fueling the rally alongside a $120M short squeeze. Ether, the second-largest crypto asset by market cap, is now less than 5% away from its all-time high of $4,800 set in November 2021. It traded above $4,600 on Tuesday afternoon, its highest level in nearly four years, as traders anticipate a potential breakout and the start of an alt season. Bitcoin dominance has fallen below 60% as ETH gains ground. The rally triggered more than $120 million…

Leading stablecoin issuer Tether has acquired a minority stake in Spanish crypto exchange Bit2Me, leading a €30 million (about $35 million) investment round to support the exchange’s growth in Europe and Latin America. Bit2Me said it recently became the first Spanish-speaking fintech to be authorized by Spain’s securities regulator under the EU’s new MiCA framework. The approval opens the door for operations across the European Union. Tether’s investment comes through its El Salvador-based venture arm, Tether Ventures, which deploys profits and reserves into tech infrastructure and other projects. The firm has invested in numerous companies in a wide range of…

Ethereum (ETH) has logged nearly 20% gains in the past week as it outperformed many crypto assets. After reclaiming the $4,200 price level for the first time since 2021, ETH has managed to stay above this level. Beyond price action, on-chain data reveals a telling change in how the leading altcoin’s most dedicated holders are behaving. From “Capitulation” To “Belief” There has been a significant shift in sentiment among long-term Ethereum holders over the past four months. In fact, crypto analyst Ali Martinez found that this cohort of investors is moving from a phase of “capitulation” to one of “belief.”…

JACKSON HOLE, Wyo. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, anticipates up to 18 Democrats may vote in favor of the Senate’s answer to the Digital Asset Market Clarity Act. “I believe that we’ll have between 12 and 18 Democrats at least open to voting for market structure,” Scott said on stage at the SALT conference in Jackson Hole, Wyoming on Tuesday. “The forces against it, let me just say clearly, like Sen. Elizabeth Warren, standing in the way of Democrats wanting to participate, it is a real force to overcome,” he said. While Congress…

The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by ongoing US-China trade tensions. With the White House modifying tariff rates on several Asian countries, the effective duty now stands at 57.6% on China-origin mining machines and 21.6% on those from Indonesia, Malaysia and Thailand, according to the report. The Miner Mag also revealed that…

Good Morning, Asia. Here’s what’s making news in the markets: As Asia begins its trading day, ETH is trading above $4600, up 10% in the last 24 hours, as the possibility of a rate cut in September works its way through the market. Some traders see it likely that ETH could quickly challenge its all-time high of $4876 set in 2021. Polymarket bettors are going a step further; they believe that $5000 is possible before the end of August, and they are also giving a 28% chance of the asset’s price crossing $5800 before the month ends. The surge has…

Bili Capital is quietly placing its trust in some of the world’s biggest fund managers. According to Bloomberg, the investment firm has made over two dozen strategic investments in funds run by financial giants like BlackRock and Ares Management. While the move wasn’t announced with fanfare, it signals a clear change in direction. Instead of chasing risk, Bili Capital is aiming for long-term stability. A Steady Approach in Uncertain Times Markets around the world remain unpredictable. Inflation, rising interest rates, and global tensions have made many investors nervous. In response, Bili Capital is choosing a more careful path. Bili Capital…

The cryptocurrency world is buzzing with anticipation! U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins is set to discuss ‘Project Crypto’ today at the Wyoming Blockchain Symposium. This announcement, shared by Watcher Guru on X, has ignited significant interest across the digital asset landscape. It signals a potentially pivotal moment for understanding the future direction of crypto regulation. What is ‘Project Crypto’ and Why Does it Matter? While the specifics of ‘Project Crypto’ remain somewhat under wraps, its very mention by a high-ranking SEC official suggests a significant initiative. Historically, the SEC plays a crucial role in shaping the…

Bitcoin mining remains the backbone of the crypto economy. In the Asia-Pacific (APAC) region, abundant hydropower, gas reserves, and surplus electricity create opportunities and friction. The region offers “green hash” potential yet faces high electricity costs and fragmented rules. For global investors, APAC bitcoin miners now sit at the center of debates over energy use, transparency, and capital access. APAC Bitcoin Mining Overview Latest Update – In July 2025, Bitdeer expanded hydropower mining capacity in Bhutan to more than 1,200MW, positioning the country as a renewable mining hub. Marathon Digital and Zero Two began operating a 200MW immersion-cooled site in…

President Donald Trump is scheduled to sign an executive order on Thursday, August 7, allowing 401(k) retirement plans to include private equity, real estate, and cryptocurrencies, among other similar assets. The order will instruct the U.S. Department of Labor to review and possibly revise the existing guidelines on the inclusion of alternative investments in retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA), as reported by Bloomberg. In addition, the department will also have to clarify how exactly fiduciary duties apply when asset allocation funds offer exposure to newly included holdings. What does Trump’s new 401(k)…