Author: NBTC

Following the US budget crisis that has been talked about for days, the US federal government has officially shut down. As the 2025 financial year draws to a close, no agreement has been reached on a budget to fund the federal government, the BBC reported. As a result, the US federal government went into shutdown (temporary work stoppage) on the morning of October 1st, after the US Congress definitively rejected the budget deal. Senators rejected the Democratic-backed bill, which included government funding and nearly $1 trillion in health care regulations, while the Republican-backed bill was also put to a vote…

The Bank of Korea has proposed that issuers of won-based stablecoins must deposit reserve assets directly at the central bank. The proposal appeared in documents the bank submitted to the National Assembly’s finance committee on October 1. The government plans to publish its first draft bill on won-pegged stablecoins in October. Policymakers argue that tighter controls will protect users and stop private issuers from exploiting seigniorage-like profits. Bank of Korea Pushes for Stricter Controls According to the South Korean economic daily Herald Economy report and the submission, the BOK said that “if deemed necessary by the central bank, mandatory deposit…

Laos is leveraging its hydropower surplus to explore cryptocurrency mining amid rising national debt. The government seeks to monetize excess electricity, generating foreign currency while diversifying state revenue sources. Monetizing Hydropower Surplus to Service National Debt Laos faces one of the highest debt-to-GDP ratios in Southeast Asia, largely due to large-scale hydropower projects financed through international loans, primarily from China. Dubbed the “Battery of Southeast Asia,” the country produces more electricity than domestic demand and export capacity can absorb. Peak rainy seasons exacerbate the surplus, leaving the state utility, Électricité du Laos (EDL), with underutilized energy. In response, the Ministry…

Ethereum price today is trading at $4,202, recovering from last week’s dip into the $4,120–$4,150 support band. Sellers failed to push price below the 200-day EMA at $3,874, while buyers are now testing resistance at the 20-day EMA near $4,263. The key question is whether ETH can reclaim higher ground and trigger a short squeeze above $4,359. Ethereum Price Holds Support But Faces Compression ETH Key Technical Levels (Source: TradingView) The daily chart shows ETH caught inside a descending structure since July, capped by lower highs near $4,600. Support has been established around $4,120, where the 100-day EMA converges with…

For a new generation of American investors, the familiar world of retirement savings, defined by 401(k)s, IRAs, and a focus on stocks and bonds, is on the cusp of a profound transformation. The rise of digital assets, from Bitcoin to a new wave of innovative blockchain protocols, is forcing a re-evaluation of what constitutes a responsible, long-term retirement strategy. This isn’t just about adding a new asset class, it’s about a fundamental shift in how we approach wealth building, risk, and security in a decentralized era. For financial platforms and institutional players, the challenge is not just to offer access…

Competition in the Bitcoin mining sector intensified in September 2025 as mining difficulty reached new all-time highs, while production across most major miners declined. Large-scale companies with strong balance sheets and accumulation strategies continued to thrive in this environment, whereas smaller miners faced growing pressure from operational costs and technical volatility. Bitcoin Production Declines as Difficulty Rises According to publicly released reports compiled by BeInCrypto, Cango mined around 616 BTC in September, down from 663 BTC in August. CleanSpark produced 629 BTC, a slight dip from the previous month. Riot Platforms generated 445 BTC, compared to 477 BTC in August.…

Crypto investor Huang Licheng, aka Machi Big Brother, has taken an aggressive position on the decentralized derivatives platform Hyperliquid. On-chain monitoring from EmberCN shows Huang has established the largest long positions in Ethereum and XPL on the platform, with exposure also to HYPE. The combined value of his holdings stands at more than $176 million. This signals one of the boldest leveraged bets in the market this month. 吴说获悉，据 @EmberCN 监测，麻吉大哥黄立成在 Hyperliquid 平台建立大额多头仓位，成为平台最大 ETH 和 XPL 多头持仓者。具体包括：ETH：30,780 枚（约 1.28 亿美元），开仓价 4,278 美元；XPL：2,655 万枚（约 2,990 万美元），开仓价 1.4 美元；HYPE：41 万枚（约 1,847 万美元），开仓价 44.4… — 吴说区块链 (@wublockchain12) September 30, 2025 Heavyweight Positions on…

Canaan Inc. has secured a purchase order from a U.S.-based bitcoin miner for more than 50,000 of its latest Avalon A15 Pro mining machines, marking its largest order in three years. Canaan Inks Deal for Over 50,000 Units The Nasdaq-listed company announced the milestone agreement earlier this week, which it says points to the strength of its technology and shared confidence in the long-term growth of the bitcoin mining sector. This significant demand highlights the market’s ongoing shift toward highly efficient, next-generation mining infrastructure. “This milestone order represents a significant win for Canaan and reflects the robust resurgence of the…

Cryptocurrency analysis firm Matrixport reported in its daily market assessment dated September 30 that Ethereum (ETH) has rebounded after stabilizing within the upper band of its multi-year ascending triangle formation. The company stated that the current trend has entered a critical observation period and that whether this is the beginning of a new upward wave or another “false breakout” will become clear in the coming days. Matrixport noted that in past false breakouts, downward pressure remained limited and prices recovered quickly, and noted that similar characteristics are evident in the current trend. The company argued that investors should be prepared…

A crypto trader turned a modest $125,000 deposit into more than $43 million on paper in just four months through compounding on Ethereum longs. A market pullback hit the portfolio, but they still walked away with $6.86 million in realized profits. According to blockchain analytics platform Lookonchain, the trader opened their position in May with two accounts on Hyperliquid. They began compounding every gain back into a single long bet on Ether, rolling profits into larger trades as the rally continued. During the first week of May, Ethereum was trading around $1,800, 143% less than its price when the trader…