Author: NBTC

Ethereum, the flagship alternative cryptocurrency, is on a tear, surpassing the key $4,400 level for the first time since December 2021. The red-hot altcoin is currently changing hands at $4,445 on the Bitstamp exchange. It is now up by 20% during this month after surging by a whopping 49% in July. Monster ETF inflows The most recent surge comes after Ethereum exchange-traded funds (ETFs) topped $1 billion in one-day inflows for the first time on Monday, marking a milestone for the products that officially began trading a little over a year ago. Notably, Ethereum ETFs now consistently outperform their Bitcoin…

Trump’s tariff threat on semiconductors appears to be accelerating tech reshoring, with Apple pledging substantial investment in U.S. investments to sidestep penalties and align with the White House’s manufacturing goals. Apple will invest an additional $100 billion in U.S. manufacturing, bringing its total domestic spending to $600 billion, CEO Tim Cook announced Wednesday alongside President Donald Trump at the White House. The latest investment follows Apple’s earlier commitment in February to invest $500 billion in U.S. infrastructure. The expanded commitment includes a new American Manufacturing Program aimed at ramping up domestic production of key components used in Apple devices. …

Jeremy Allaire, cofounder of Circle, the company behind USDC stablecoin, has dropped a motivational post on X. Allaire emphasized the importance of persistence in the cryptocurrency industry in the post. He did this by highlighting his role in the birth of the GENIUS Act. Jeremy Allaire reflects on Circle’s early struggles The Circle CEO recalled how many stakeholders, including investors, regulators and even family members, doubted him when he conceived the idea of Circle in 2013. According to him, the idea that money could move just like information on the internet, cheaply, instantly and globally, was unbelievable to many. However,…

REI Network, an EVM-compatible decentralized blockchain, has partnered with Orochi Network, a Verifiable Data Layer for real-world assets (RWAs). The partnership aims to integrate advanced technologies to improve data efficiency, privacy, and integrity for users and developers. In line with REI Network’s official social media announcement, the partnership intends to transform decentralized applications (dApps). Keeping this in view, the development is poised to expedite the development of streamlined> Meet @OrochiNetwork — our newest partner bringing verifiable data to Web3!With ZKPs, FHE, and TEEs, Orochi turns real-world data into privacy-preserving proofs. Together, we’ll explore how their verifiable data pipeline and ZK-data-rollups…

Ethereum’s powerful rally continues, with the price surging to a new multi-year high of $4,400 on Tuesday following the release of favorable CPI data. But even as the market turns bullish, one top analyst is laying out the key levels to watch if a healthy pullback does occur. Analyst: A Pullback to $3,600 Would Be a Buying Opportunity In his latest analysis, Michaël van de Poppe noted that while ETH has broken out, a healthy retrace to the $3,600 – $3,800 range would present a prime opportunity to accumulate more. He gives this zone a 70% chance of acting as…

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. Vietnam launches an international financial center with a crypto exchange pilot program by year-end. Bakkt enters Japan with bitcoin.jp rebrand. Chainlink launches US equities data. Nomura’s Dubai derivatives license secured. Vietnam to Pilot Crypto-Asset Exchange at International Financial Center Vietnam advances crypto regulation as Prime Minister Pham Minh Chinh announced the International Financial Center will be operational by year-end 2025, featuring digital asset trading platforms. Deputy Governor Pham Tien Dung revealed Vietnam has…

Former Ohio Senator Sherrod Brown, who lost his US Senate seat in 2024 to Republican Bernie Moreno amid more than $40 million in spending backed by the crypto industry, has launched an election bid for 2026. In a Saturday notice, Brown said he will run for Republican Senator Jon Husted’s seat in the 2026 US midterm elections — Moreno, who defeated Brown in 2024, won’t be up for reelection until 2030. The former senator, who was one of the more outspoken voices on crypto in the previous session of Congress, lost to Moreno with more than 46% of the vote…

The Government of India is taking blockchain technology into some of the country’s most critical systems, including land records, supply chains, and digital commerce. The Ministry of Electronics and Information Technology has positioned blockchain not as a side project but as part of the core digital infrastructure, supported by the National Blockchain Framework and the Vishvasya-Blockchain Technology Stack. Few countries have attempted this level of adoption, and India’s approach signals long-term intent. National Blockchain Framework and Vishvasya Tech Stack On the blockchain front, the National Blockchain Framework, launched last year, is now supported by the Vishvasya-Blockchain Technology Stack, essentially a…

Ethereum (ETH) briefly tested the $5,000 level today, continuing its strong uptrend in recent days. At the time of writing, ETH is trading at $4,470.96, up 4.12% intraday, bringing its market capitalization to $539.92 billion. This level is just 8.05% away from its all-time high of $4,891.70 recorded in November 2021. Chart showing the rise in ETH price. According to market data, 24-hour trading volume increased by 7.59% to $161.06 billion, while open interest in futures increased by 5.38% to $61.34 billion. A total of $420.31 million in positions were liquidated in the crypto market over the past 24 hours.…

A month after halting the second phase of its central bank digital currency (CBDC) pilot, South Korea’s central bank is shifting its focus to stablecoins and other digital asset developments. In the latest development, it has launched a new committee to monitor the market and repurposed its CBDC team to explore the wider digital currency sector. The team was previously called the “Digital Currency Research Lab” and operated under the Financial Settlement Bureau (FSB), which oversees payment and settlement systems within the Bank of Korea (BOK). It will now be known as the Digital Currency Team, dropping “Research” to indicate…