Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Ethereum TXs Smash Records with 27.16 Million as Layer 2 Ecosystems evoke unprecedented expansion
The Ethereum environment made another history when it recorded 27.16 million transactions per day which is a historic record by the network. The network had 313 transactions per second, demonstrating the capability that Layer 2 solutions have changed in terms of its capacity to support mass adoption and institutional demand. Ethereum had done merely 2 Million transactions, which amounted to 7.4 per cent of the volume on its mainnet. This brings out the significance of the Layer 2 networks in the existing Ethereum transaction processing and scaling system. Layer 2 Solutions Drive Ecosystem Growth The Layer 2 networks have contributed…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. No one is really arguing whether the Federal Reserve will cut rates next week. The conversation has become: by how much? And how will that impact crypto markets? It’s perfect timing for such a question, as more data dropped today. The Consumer Price Index (CPI) increased 0.4% in August (on a seasonally adjusted basis) — up from a 0.2% rise in July. It rose 2.9% for the 12 months ending August, slightly up from the 2.7% annualized figure last month. Core CPI (excludes food and energy)…
MoonPay, a renowned crypto payments platform, has partnered with Arbitrum, the Ethereum L2 scaling solution. The main purpose of this partnership is to simplify how consumers purchase crypto and bridge assets within any platform or application with Arbitrum Bridge integration. As MoonPay disclosed in its official social media announcement on X, the interaction improves consumer accessibility with the integration of seamless buyout options into dApps. Hence, this move is anticipated to boost the mainstream adoption of crypto by minimizing entry barriers while enhancing the onboarding procedure. onramping into @Arbitrum just got easierMoonPay has partnered with Arbitrum to make it simple…
Oracle tumbled by 6% on Thursday after touching an all-time high just a day before. The drop came fast after a brutal reality check: nearly all of its hyped growth is tied to just one client, OpenAI, as Cryptopolitan reported. The sharp reversal hit right after CEO Safra Catz told investors on Tuesday that Oracle had locked in “four multi-billion-dollar contracts with three different customers.” That announcement pushed shares up 30% in after-hours trading, followed by another spike that closed Wednesday with a record high of $328.33. But as soon as the market learned that most of the backlog might…
IREN (IREN), one of the largest self-operated BTC$113,075.06 miners in the U.S., is breaking away from the pack, and Wall Street is taking notice. Bernstein analysts raised their price target on IREN to $75 from $20, implying about 80% upside, as the miner doubles down on building its own AI cloud business rather than relying on co-location deals with partners like CoreWeave (CRWV). IREN has already had a major move, ahead more than eight-fold from its 52-week low of $5.13 hit in April. The shares are higher by 365% year-over-year. The broker now sees IREN’s AI pivot as credible, despite…
Digital asset investment products logged their second straight week of inflows as they collectively pulled in $1.9 billion. The surge followed the US Federal Reserve’s long-anticipated interest rate cut last week. Investors were initially hesitant and treated the move as a “hawkish cut,” but sentiment improved as the week progressed. By Thursday and Friday, inflows accelerated, adding $746 million as markets reassessed the rate decision’s impact on crypto. Solana and XRP See Inflows According to the latest edition of ‘Digital Asset Fund Flows Weekly Report,’ by CoinShares, total assets under management climbed to a new year-to-date peak of $40.4 billion…
‘We’re Toast’—Tesla CEO Elon Musk Issues Serious $37 Trillion Warning As Fed Bitcoin Price Boom Predicted
09/11 update below. This post was originally published on September 10 Elon Musk, the Tesla billionaire who tops Forbes’ rankings of the world’s richest people (at least for now), has flung himself back into his day job since leaving president Donald Trump’s White House. Musk, who now holds $1.3 billion worth of bitcoin on Tesla’s balance sheet, helped Trump get reelected with his campaign rally warnings of looming financial disaster before quitting the administration amid a row over government spending and promising to create his own bitcoin-backing political party. Now, after quietly signaling support for his “only” cryptocurrency, Musk has…
In a significant development for the institutional cryptocurrency landscape, Parataxis Korea, a prominent South Korean Bitcoin treasury platform, has announced a pivotal acquisition. The company has secured substantial Bitcoin mining infrastructure in the United States through a strategic asset purchase agreement, as reported by Kyunghyang Games. This move signals a growing trend of institutional players deepening their involvement in the foundational aspects of the crypto ecosystem. What’s Driving Parataxis Korea’s Investment in US Bitcoin Mining Infrastructure? Parataxis Korea’s core business revolves around providing Bitcoin treasury solutions for institutional investors. This acquisition directly enhances its capabilities and strengthens its position in…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -6.27% today against the US Dollar ETH/BTC decreased by -4.08% today Ethereum is currently trading 8.39% below our prediction on Sep 27, 2025 Ethereum dropped -11.69% in the last month and is up 62.69% since 1 year ago ETH price is expected…
Bitcoin (BTC) and altcoins experienced a major crash yesterday, with $1.7 billion worth of leveraged trades being liquidated. As the market faced its biggest wave of liquidations this year, Bitcoin fell to $112,000 and Ethereum to $4,200. While this decline has made investors nervous, one analyst said that $4,000 is critical for Ethereum (ETH). According to analysis by Adam, an analyst at crypto options analysis firm Greeks.live, a drop below $4,000 could trigger a broader decline in ETH. The analyst noted that Bitcoin has declined alongside Ethereum, but ETH’s volatility has declined relatively less. Conversely, concerns about downside risk for…