Author: NBTC

A prominent market analyst insists Ethereum still has more room to grow, calling attention to a confluence factor that could trigger the next leg up. Notably, Ethereum finds itself at a decisive point after reaching a new all-time high of $4,955 in August. Since then, the price has dropped 13%, but it continues to hold above $4,300 despite doubts about whether the bull run still has legs. Ethereum Still Has More Upside Potential Interestingly, market analyst EGRAG Crypto believes the rally has not ended. In his latest analysis, he argued that Ethereum could still climb much higher, even reaching $22,000,…

Investor nerves over U.S. monetary policy drove the largest weekly withdrawals from digital-asset investment products since March, CoinShares reported Monday. This happened even as trading volumes in exchange-traded products (ETPs) jumped sharply, showing how polarised markets have become. Overall, digital asset funds saw $1.43 billion in outflows last week while ETP trading volumes surged to about $38 billion. The pullback was led by Bitcoin, which accounted for roughly $1 billion of the outflows. Ethereum, by contrast, proved more resilient: it registered $440 million in weekly outflows but staged a mid-week recovery that left it month-to-date with roughly $2.5 billion of…

The White House wants Congress to move quickly on cryptocurrency market structure legislation. When it comes to ironing out the details, though, lawmakers and industry stakeholders have their work cut out for them. Speaking at an industry event in Washington, D.C. Thursday, Patrick Witt — the newly-appointed executive director of the President’s Council of Advisors on Digital Assets — said getting the bill over the finish line is a top priority. Senate Republicans last week unveiled an updated draft of their crypto market structure bill, the Responsible Financial Innovation Act of 2025. The legislation is notably different from the CLARITY…

Exciting news from the South Korean crypto scene! Major exchange Bithumb has just announced significant Bithumb listings, bringing OpenLedger (OPEN) and Linea (LINEA) to its highly active South Korean Won (KRW) market. This move is poised to create new trading opportunities for investors and further expand the accessibility of these promising digital assets. What Do These Bithumb Listings Mean for Traders? Bithumb, a leading cryptocurrency exchange in South Korea, confirmed that it will be adding OPEN and LINEA to its trading pairs. For OPEN, trading is set to kick off at 8:00 a.m. UTC on September 10th. However, the specific…

After Bitcoin, corporate focus is shifting to Ethereum. Institutional ETH treasury firms continue to proliferate, with the largest being Bitmine and SharpLink Gaming, which are acquiring massive amounts of Ethereum (ETH). According to the latest data, the largest ETH treasury company, Bitmine, announced that it acquired 153,075 ETH last week. SharpLink Gaming, the second-largest ETH treasury company, also announced the purchase of 39,008 ETH. Bitmine Maintains First Place! According to the official statement, Bitmine, the world’s largest ETH treasury, said it purchased an additional 153,075 ETH worth $668 million last week, bringing its total Ethereum holdings to 1.866 million ETH.…

Pantera Capital is reportedly seeking to raise up to $1.25 billion to convert a Nasdaq-listed company into “Solana Co.,” a public vehicle designed to accumulate Solana tokens as a treasury asset. Plans for the conversion were first detailed in a report from The Information on Tuesday, which claimed that Pantera would begin with a $500 million raise, followed by $750 million through warrants.  It follows Pantera’s disclosure earlier this month that it has quietly deployed around $300 million into digital asset treasury (DAT) firms “across various tokens and geographies” to generate yield and grow net asset value.   “The most…

Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday. In a filing, Attorney General Andrea Joy Campbell alleged that sports event contracts, which Kalshi introduced in January 2025, violate the state’s sports wagering laws, which require operators to be licensed. Campbell is asking for a court to block Kalshi from offering sports prediction markets in the state without a license, as well as monetary and other relief. Prediction markets have grown in popularity over the past few years, with crypto-focused companies like Polymarket and firms like Kalshi seeing immense interest over questions…

Cryptocurrency users, an important update from Upbit has just emerged. The leading South Korean exchange has announced a temporary Upbit Polygon suspension, halting all deposits and withdrawals on the Polygon network. This critical development, citing an unspecified network issue, impacts users relying on Polygon for their transactions. What Exactly Caused the Urgent Upbit Polygon Suspension? Upbit’s official statement points to an ‘unspecified network issue’ as the primary reason for the temporary halt. While the exact technical details remain undisclosed, such suspensions are often a precautionary measure. Exchanges implement these to safeguard user funds and maintain network integrity when they detect…

Yunfeng Financial Group (0376) joined the ranks of publicly listed firms to adopt an ether treasury strategy, buying 10,000 ETH for $44 million. Hong Kong-based Yunfeng Financial, a provider of financial services such as insurance, brokerage and asset management, is majority owned by Shanghai-based private equity firm Yunfeng Capital, which was co-founded in 2010 by Jack Ma, who also co-founded Ant Group and Alibaba. The ETH purchase, announced on Tuesday, forms part of Yunfeng’s expansion into Web3, real-world assets (RWAs), digital currency and artificial intelligence (AI), which it unveiled in July. Yunfeng Financial said the ether will reduce its reliance…

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Chinese institutions rapidly adopt MicroStrategy-style digital asset treasuries despite regulatory complexities. Gate Exchange plans a compliant Japanese market entry by year-end, targeting high-penetration regions. Web3 finance transformation accelerates across APAC markets with institutional backing. Has China Joined Crypto Treasury Strategy? ABCDE co-founder Du Jun noted that Chinese institutions were half a beat slow on Digital Asset Treasury strategies, also dubbed as MicroStrategy models. However, he said that they have rapidly caught up and…