Author: NBTC

Crypto markets began Monday on a high note, with ether (ETH) up more than 21% over the past seven days to $4,300 and bitcoin climbing 3% to within touching distance of record highs.BTC led gains among majors in the past 24 hours, with Solana’s SOL (SOL), XRP , dogecoin , and BNB Chain’s BNB (BNB) rising nearly 1%, but reversing all profit-taking from the weekend to start the week in green. The S&P 500 recovered from last week’s post-payrolls dip to near all-time highs, while the Nasdaq set a new record on strong earnings, shrugging off political noise and fresh…

As the Fed prepares to announce its interest rate decision this evening, it finds itself under historically intense political pressure. US Treasury Secretary Scott Bessent, speaking ahead of the meeting, said the Fed was not expected to cut interest rates today. He also said the Fed needed to “show some imagination” and reiterated that it had made mistakes regarding inflation, particularly regarding tariffs. Bessent also offered important messages regarding trade talks in his remarks. He stated that if an agreement isn’t reached by August 1st, negotiations could continue beyond that date. “I urge people not to panic before August 1st,”…

At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power, Profit, and Precision: Today’s Top 50 BTC Mining Machines The economics of bitcoin (BTC) mining can shift overnight, but for operators with ultra-low electricity costs, some machines stand out as clear profit leaders. The following ranking captures the most profitable miners this weekend between Aug. 9 to 10, 2025, based on metrics from asicminervalue.com, BTC’s price, the current network difficulty, and…

Bitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. However, historical market cycle patterns could indicate otherwise. “Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm JAN3 on Sunday. He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.” “No one wants ETH in the…

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum At 10: Where Next For The World Computer? Linea to Burn ETH With Every Transaction in Bold L2 Upgrade Solana Players Unveil ‘Internet Capital Markets’ Roadmap Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026 Network news 10 YEARS OF ETHEREUM: When Ethereum launched on July 30, 2015, it set out to be more than just another cryptocurrency. It aimed to expand the boundaries of blockchain technology itself.…

Bitcoin remains stable around $118,000 ahead of the Fed’s interest rate decision to be announced today. Markets are widely expected to hold interest rates steady at this meeting, with the focus on Fed Chair Jerome Powell’s remarks and Personal Consumption Expenditures (PCE) inflation data due tomorrow. While the CME FedWatch tool shows a very high probability of no change in interest rates, “no change” contracts on the Polymarket were traded at over 90% before the meeting. “Markets are bracing for a double whammy this week: a Fed decision that is expected to remain largely steady, and a critical PCE data…

New data from Visa and blockchain analytics firm Allium shows that stablecoins transactions have eclipsed $5 trillion across one billion payments this year. These tokens are now jointly worth 47% more at a value of $255 billion since Donald Trump was declared the victor in the 2024 U.S. presidential election last November. Analysts linked the jump to investor excitement, greater regulatory clarity, and new corporate use cases. Stablecoins are finally delivering on their long-touted promise: offering a faster, simpler, and cheaper alternative to outdated payment systems. This shift is especially transformative for countries sidelined by major banks and payment networks,…

Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major U.S. banks, according to a note on Wednesday from brokerage firm Bernstein. Rather than competing with crypto platforms, JPMorgan is choosing to integrate with them, signaling a shift in how legacy institutions approach digital assets, analysts led by Gautam Chhugani wrote. The move is especially notable given JPMorgan CEO Jamie Dimon’s past criticism of crypto, marking a broader…

Leading U.S. exchange Gemini has announced plans to give away XRP tokens to one lucky follower. This announcement came via Gemini’s official social media handle on X, revealing plans to give away 305 XRP tokens — equivalent to $1,000 — to one person. According to the post, the exchange is organizing this giveaway to “celebrate the future of finance.” Context of the XRP Giveaway Celebration Notably, this move came as the price of XRP surged back into the $3 range, reaching $3.36 after previously dipping to $2.90 this week. Gemini stated that it would select and notify the winner by…

Bitcoin traded ticked down slightly after the U.S. central bank left the Federal funds rate intact as analysts had widely expected amid uncertain inflation readings and the Fed’s cautious rhetoric in recent months. BTC was recently trading at $117,777, off 0.1% over the past hour, according to crypto markets data provider CoinGecko. The largest cryptocurrency by market capitalization is down about 4% since hitting a record high near $123,000 two weeks ago. Ethereum, the second largest digital asset by market value, was changing hands at 3,809, a 0.4% increase since Tuesday, same time. ETH has been outperforming BTC and other…