Author: NBTC

While top-tier bitcoin miners have largely paused or slowed their fleet expansions, a group of smaller competitors accelerated growth in August, posting the strongest gains in bitcoin production. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. According to their monthly updates, HIVE, Bitdeer, Cipher, and Canaan all reported double-digit increases in realized hashrate last month, in contrast to the more reserved stance taken by the largest operators. HIVE grew its realized hashrate by 27.9% to 16.2 EH/s in August, producing 247 bitcoin. The…

Blockchain shortcut provider Enso and stablecoin issuer Reservoir have teamed up with Stargate and LayerZero to launch OneStable, a protocol for cross-chain stablecoin minting. OneStable enables “one-click omnichain minting,” according to a press release viewed by The Defiant, which empowers multi-chain DeFi users to bypass manual swaps or bridging, which can be tedious based on the networks and protocols being used. The feature is an Enso shortcut and will debut with Reservoir and its rUSD stablecoin ecosystem, which offers two yield-bearing options, srUSD and wsrUSD. Through the integration, users can access cross-chain yield and liquidity from a single chain, potentially…

Ethereum price started a fresh recovery wave above the $4,350 zone but failed. ETH is still struggling and might slide below the $4,270 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $4,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong decline if it settles below the $4,220 level in the near term. Ethereum Price Could Slide Further Ethereum price started a recovery wave after it…

Gryphon Digital Mining, a publicly traded Bitcoin miner based in Las Vegas, Nevada, has received final shareholder approval to merge with American Bitcoin, a mining company linked to US President Donald Trump’s family. Shareholders approved the stock-for-stock merger on Wednesday, with the company announcing the decision on Friday. As part of the deal, a reverse five-to-one stock split and new listing are scheduled for 5:00 pm ET on Sept. 2. Once the reverse split is complete, the combined entity will adopt the American Bitcoin name and begin trading under the ticker symbol “ABTC.” The reverse stock split will cut the…

GameFi.org, a popular Web3 gaming entity, has partnered with Somnia, a next-gen, EVM-compatible L1 blockchain. The partnership endeavors to utilize Somnia’s efficient blockchain for the provision of cutting-edge blockchain gaming experiences. GameFi.org’s official X announcement discloses that the development is anticipated to drive the expansion of blockchain-led entertainment. In addition to this, the integration underscores a landmark development to evolve developer and user access to the wider Web3 technologies. 🔥 https://t.co/IYrBuYJr4Y x @Somnia_Network: Partnership Announcement 🔥We’re delighted to have Somnia as a key partner of https://t.co/IYrBuYJr4Y!Somnia is an EVM-compatible Layer 1 blockchain – Designed for mass-consumer applications with 1M+ TPS,…

A market pundit has suggested that Coinbase may be manipulating the XRP price, alleging that this event is contributing to the price struggles. For context, XRP has struggled to climb above the $3 level despite signs of recovery in the wider crypto market. It currently trades around $2.90 after more than a week of sideways movement, and some analysts believe exchange activity may be holding it back. Coinbase XRP Holdings Drop by 69% Market commentator Stern Drew recently made these allegations. He called attention to XRPScan data showing that Coinbase cut its reserves from 780 million XRP to 199 million…

WorldAssets, a platform of RWA tokenization, announced a strategic collaboration with AutoStaking, an AI-powered DeFi stablecoin yield aggregator. Together, the two companies are bringing a seamless trading environment for tokenized real-world assets, beginning with digital gold, stocks, and many others, powered through WorldAssets’ infrastructure. This integration enables customers on the AutoStaking DeFi platform to use their stablecoins to invest in tokenized assets from WorldAssets’ network. This is a major achievement in developing DeFi’s usage with real-world benefits and regulated asset frameworks. WorldAssets is a cutting-edge financial service platform for the tokenization of RWA. The platform transforms real estate, stocks, bonds,…

At about $4,363, Ethereum (ETH) is once again trading in a critical area. There are indications that Ethereum might be preparing for another leg higher, possibly toward the $5,000 mark in September, even though price action has cooled off from the July rally’s explosive surge. These three factors could lead the second-biggest cryptocurrency to make that move: Solid technical base: At $4,164, ETH has successfully defended the 50-day EMA, making it a dynamic support level. Notwithstanding the general market uncertainty, consolidation above $4,000 indicates that buyers are defending the base. The path toward retesting the $4,600-$4,800 resistance becomes very likely…

Spot Bitcoin and Ether ETFs recorded outflows on Friday as the Federal Reserve released key inflation data showing price pressures are creeping higher under President Donald Trump’s trade policies. According to SoSoValue data, Ether (ETH) ETFs saw a net outflow of $164.64 million, reversing five straight days of inflows that had added more than $1.5 billion to the asset class. Bitcoin (BTC) ETFs also turned negative with $126.64 million in net outflows, their first daily loss since Aug. 22. Total assets under management dropped to $28.58 billion for Ethereum and $139.95 billion for Bitcoin. Fidelity’s FBTC recorded the steepest single-day…

Key Takeaways KaleidoSwap received pre-seed funding from Bitfinex Ventures and Fulgur Ventures to develop the first Bitcoin-native decentralized exchange. The platform will leverage RGB and Lightning Network to enable trustless BTC-USDT trading and expand Bitcoin DeFi capabilities. KaleidoSwap, a decentralized exchange built on Bitcoin and the Lightning Network, announced Monday it has secured pre-seed funding from Bitfinex Ventures and Fulgur Ventures. The investment will support the development of KaleidoSwap’s RGB-based DEX on Lightning, aiming to establish the first native decentralized exchange for Bitcoin. The funding announcement follows Tether’s recent commitment to bring USD₮ to RGB on August 28, 2025. KaleidoSwap…