Author: NBTC

Ethereum hovers above $4,400 amid a resilient display. Bitmine’s aggressive accumulation comes as institutional demand grows, fueling predictions of ETH price hitting a new all-time high. Traders are thus likely to closely monitor the $4,200–$4,500 range. Ethereum signals resilience as its price gains to near $4,500, with institutional interest surging as the ETH “microstrategy” firm Bitmine Immersion Technologies bolstered its crypto treasury. With whale accumulation and technical support levels pointing to potential upside, traders are eyeing a recovery above $4,500. The top altcoin reached an all-time high near $5,000 in August. But what’s the outlook today? Whales buy ETH and…

VanEck’s crypto-focused ETF has reached $500 million in AUM, with European expansion playing a major role. Summary VanEck Crypto and Blockchain Innovators UCITS ETF reached $500M in AUM The growth of interest in digital assets in Europe played a significant role The fund invests primarily in companies with more than 50% in crypto revenue Institutional interest in digital assets is steadily growing. On Wednesday, Aug. 27, global financial firm VanEck revealed to crypto.news that its Crypto and Blockchain Innovators UCITS ETF surpassed $500 million in assets under management. This ETF invests in companies that generate at least 50% of their…

President Donald Trump’s new crypto guy, Patrick Witt, is picking up the baton from his predecessor Bo Hines in goading lawmakers to finish sweeping U.S. crypto policies and pushing regulators to put the new stablecoin law into practice, he said in an interview with CoinDesk. Working under the administration’s crypto czar, David Sacks, Witt is the new point of contact for crypto matters in the White House, having taken over after the brief tenure of his predecessor, Hines, who went on to work for stablecoin giant Tether. While Hines saw the conversion of Congress’ stablecoin effort into law and was…

Cryptocurrency exchange giant Coinbase has finally lifted the curtain on how specific tokens end up getting listed on the exchange. The exchange has outlined a slew of criteria that range from legal compliance to the size of the token’s community. Three reviews Potential listing candidates have to go through three reviews (legal, compliance mitigation, and technical security). First of all, Coinbase has to find out whether a certain token would be considered a security based on the existing legal framework. The exchange, for instance, suspended XRP trading after the SEC labeled the token as an unregistered security. However, it became…

Ethereum is gaining strong conviction from Joseph Chalom, the former head of crypto at BlackRock. Chalom says Ethereum (ETH) is not only undervalued today but has the potential to become what he describes as “high-octane money” in the financial system of the future. He argues Ethereum is different from Bitcoin because of its programmability. While Bitcoin is often seen as a store of value, Ethereum powers applications, decentralized finance, and tokenized real-world assets. “Institutions should think of ETH not just as an asset but as the strongest collateral to hold on a balance sheet,” he said in an interview with…

Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately, the pilot requires crypto transactions — from issuance to trading and payments — to be carried out in Vietnamese dong. The resolution also specifies that issuers must be Vietnamese enterprises, registered as either limited liability companies or joint stock companies under the Law…

Cryptocurrency analysis platform Santiment has shared the largest altcoin transfers made by whales to centralized exchanges (CEX) in the last 24 hours. According to the data, while many investors focused on coins with large market capitalizations, some altcoins experienced remarkable activity. One of the largest transfers was $10.8 million in Global Dollar (USDG). This was followed by $5.9 million in Ethena-USDT (EUSD) and $4.1 million in Ondo Finance (ONDO). Additionally, significant inflows of $3.4 million were recorded for PAX Gold (PAXG) and $2 million for Curve (CRV). Other notable movements included Yield Guild Games (YGG), Uniswap (UNI), Pepe (PEPE), Worldcoin…

Good Morning, Asia. Here’s what’s making news in the markets: China’s growing focus on stablecoins is less about embracing crypto and more about defending its currency from U.S. dollar dominance, says Dr. Vera Yuen of Hong Kong University’s Business School, who argues the shift highlights offshore opportunities but also deep domestic limits. Beijing’s shift comes as Washington moved first to create a regulatory framework for the stablecoin industry in the U.S. Reuters recently reported that China’s State Council is reviewing a roadmap for yuan-backed stablecoins later this month, with Hong Kong and Shanghai expected to fast-track adoption. In an earlier…

Senate Democrats unveiled their own framework for market structure legislation to define how cryptocurrencies fit into current or future regulatory frameworks in the U.S., including how the Securities and Exchange Commission and Commodity Futures Trading Commission should oversee the digital asset sector. The lawmakers’ framework, published Tuesday, listed seven “key pillars,” including calling for fair regulation that protects consumers and investors, defining how digital assets fit into different regulators’ jurisdictions and “preventing corruption and abuse.” Republicans on the Senate Banking Committee have already released multiple drafts of their own market structure bill, which Committee Chairman Tim Scott said should be…

After Bitcoin’s recent price surge saw it breach a two-week high amid multi-week record inflows to U.S. spot Bitcoin ETFs, hash rate and difficulty have also hit new all-time highs. Bitcoin’s hash rate, which is the measure of the network’s total computational power, hit 1.12 billion TH/s on September 12, per Bitinfocharts data. The network’s difficulty, a measure of how computationally hard it is for miners to find a new block on the blockchain, also touched a record high of 136.04T.  Hash rate is the total computational power of all miners that secures the Bitcoin blockchain. The difficulty in…