Author: NBTC

Today marked one of the busiest days yet for corporate crypto finance, as companies from New York to Hong Kong unveiled major treasury allocations, IPO filings and strategic acquisitions. SharpLink disclosed it had acquired 39,008 ether, worth roughly $177 million at the end of August, through an at-the-market equity program. The company framed the move as a diversification strategy and left open the option of staking its holdings. Ether Machine announced a $654 million raise, including a 150,000 ETH contribution from Ethereum supporter Jeffrey Berns, bringing its holdings to nearly half a million ETH. The firm will merge with Dynamix…

Ukraine has begun formal steps to legalize the crypto industry, shifting from a largely unregulated market to one with a defined legal status. On Sept. 3, Ukrainian lawmaker Yaroslav Zhelezniak revealed that he and his colleagues approved a bill that legalizes and taxes the use of digital assets in the country. According to him, the draft bill introduces a tax framework that makes transactions subject to an 18% income levy and a 5% military contribution. To encourage compliance, the bill offers a one-year window during which withdrawals converted to fiat currency would be taxed at just 5%. He added that…

Bybit, one of the world’s largest cryptocurrency exchanges, has launched its debit card across the European Economic Area (EEA), offering users a way to spend digital assets at merchants connected to the Mastercard payment network. Bybit EU’s card supports spending in bitcoin, USDC and other cryptocurrencies and allows users to link the card to Apple Pay and Google Pay or withdraw cash at ATMs, according to a press release, Wednesday. The exchange says the card is designed under Europe’s Markets in Crypto-Assets (MiCAR) regulatory framework. To mark the rollout, Bybit is offering new customers a 20% cashback on purchases in…

Bitget exchange and Bitget Wallet have integrated with Ondo Finance to enable trading of more than 100 tokenized stocks and ETFs. The partnership provides global users with around-the-clock access to traditional financial assets through blockchain-based tokens. Ondo’s Tokenized Stocks, ETFs Go Live on Bitget Exchange and Wallet Through a new real-world asset (RWA) module, users can browse, analyze, and trade tokenized versions of major equities and funds. Bitget explained on Wednesday that each token is fully backed by real-world assets, offers exposure to price appreciation and dividends, and requires a minimum investment of just $1. In the release shared with…

Ethereum (ETH) has staged a strong comeback against Bitcoin (BTC) today. The key ETH/BTC chart, as highlighted in CoinEdition’s analysis, has broken a long-term downtrend after a massive 48% rally. Notably, Ethereum had broken its all-time high, surging to nearly $5,000 on Sunday. ETH climbed to $4,950, surpassing its previous record of $4,867 set on November 8, 2021. This marks an important milestone for ETH as it enters a price discovery phase, where the asset reaches new highs without any resistance. Ethereum’s comeback rally closely follows Bitcoin’s fall in dominance to 57.91%, down from around 63% just a month ago.…

Adding crypto to Ukraine’s reserves is not a good idea, according to the country’s monetary authority, which indicated it has no intention to support it. Such a move may undermine the Eastern European nation’s integration with the EU and clash with IMF requirements, warned a member of the regulator’s management. NBU turns back on crypto reserve initiative The National Bank of Ukraine (NBU) does not back a proposal to include virtual assets (VAs) in the country’s foreign currency reserves, which it views as premature, First Deputy Governor Serhiy Nikolaychuk has made it clear. The vast majority of cryptocurrencies remain high-risk…

While the importance of Seychelles-based cryptocurrency exchange BitMEX has waxed and waned over the last decade, one thing that won’t change is the fact that its founders — and the exchange itself — were charged with and pled guilty to violating the Bank Secrecy Act. In fact, the crimes, as outlined by the Department of Justice, actually suggested that the founders had specifically designed the exchange “to flout US anti-money laundering rules.” However, despite this, in March, founders Arthur Hayes, Samuel Reed, and Ben Delo, and, for the first time in history, a company itself (BitMEX), were pardoned by President…

Paradigm co-founder and CEO Anand has revealed how his team rebuilt after the FTX collapse and detailed their strategic push to build Paradex, an on-chain exchange designed to remove the risks of centralized settlement. Speaking on a podcast, he recounted losing personal funds and watching the firm’s half-a-billion-dollar-a-day futures business at FTX “disappear overnight.” FTX creditors will succeed. Light shines brightest after the darkest timesPleasure to sponsored by Paradex and doing my best to help FTX creditors get what we deserveFTX creditors please sign up – airdropshttps://t.co/MhYf7YAdgmOptions, Perps are risky. Not FA, DYOR https://t.co/rqKvELbzOb — Sunil (FTX Creditor Champion) (@sunil_trades)…

The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the total number of hashes per second from all miners on the network, has fallen to 967 billion hashes per second, down from the all-time high of over 1 trillion hashes per second recorded on August 4, according to CryptoQuant. Bitcoin mining difficulty climbs to new…

Crypto analyst Astronomer (@astronomer_zero) says his long-standing bottom thesis on the ETH/BTC pair has played out and published explicit cycle targets anchored to the cross. In a chart shared on X, he reiterated that “ETH bottom call” is in and framed the roadmap entirely through ETH/BTC levels rather than ETH/USD, arguing that Ether’s outperformance typically follows Bitcoin’s impulse and that “all major liquidity comes from BTC.” How High Can Ethereum Go This Cycle? Astronomer’s post centers on a multi-month “zone” on ETH/BTC that he had marked in advance as a potential cyclical inflection. He writes that the call looked “delusional”…