Author: NBTC

Coinbase’s XRP reserves have been dropping for months, and new on-chain data show the decline has hit 57.4% since early June. The exchange used to hold almost a billion XRP across 52 cold wallets, but now it is down to about half that, with more big transfers this week. Right now, 10 wallets still hold about 26.8 million XRP each, and another 42 wallets hold about 16.8 million XRP. One of the latest moves saw 16.69 million XRP – worth about $54.83 million – moved from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10. It was an internal transfer.…

After rising above $3,800 in July, Ethereum price is consolidating just below a key supply zone that previously triggered steep rejections. The Ethereum price today is holding steady around $3,692, with buyers attempting to re-establish short-term dominance near a local demand zone. The key question now is whether bulls can sustain this strength and retest the $4,000 mark. Ethereum Price Forecast Table: August 8, 2025 What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the daily chart, ETH continues to respect its aggressive uptrend, which started from the April low near $1,800. Price remains supported above a rising…

Strategy, formerly MicroStrategy, misrepresented its business to investors when measuring itself against S&P 500 firms last month, according to Damped Spring Advisors CEO and CIO Andy Constan. It is “100% fraudulent” that the Bitcoin-buying firm compared its price-to-earnings ratio to the likes of Apple and NVIDIA on a slide during its second-quarter earnings presentation, the Wall Street veteran said during an episode of the What Bitcoin Did podcast released on Monday. The slide implied that Strategy’s earnings are recurring, when the performance was driven by a “one-off, market-to-market” increase in the value of its Bitcoin holdings, Constan argued.  “They are…

Khurram Dara, a former policy counsel at cryptocurrency exchange Coinbase, is considering a run for New York State Attorney General in 2026, aiming to replace Letitia James. In comments to Cointelegraph, Dara said he had not yet decided whether to run for the state’s law enforcement office, but hinted that digital assets could play a role in his campaign if he chooses to do so. With more than a year until the election, the Columbia Law School graduate has already posted to social media in support of Tornado Cash co-founder Roman Storm, found guilty in New York’s federal court in…

Brian Armstrong, the chief executive officer of the largest (and the only public-trading so far) cryptocurrency exchange based in the U.S., has shared an optimistic take about the future merging of crypto and conventional market assets. Crypto can make all assets more efficient: Armstrong The Coinbase CEO has shared an excerpt from a recent podcast where he was invited to be interviewed. There, Armstrong expressed an opinion which, perhaps, many average crypto holders and top executives share. Armstrong believes that sooner or later all asset classes and all capital formation will go on-chain. Armstrong is certain that this mass transition…

The cryptocurrency world is buzzing after a significant event: a presumed DFG founder ETH dump. This major move by an address linked to James Wo, founder of the crypto venture capital firm DFG, has caught the attention of many, especially given the staggering crypto whale profit involved. This transaction highlights the dynamic nature of digital asset markets and the substantial gains possible for long-term holders. Unpacking the Massive James Wo ETH Sale: What Happened? An address believed to belong to James Wo has offloaded all its Ethereum holdings, marking a substantial transaction. Over the past two days, a total of…

Key Takeaways Justin Sun challenges Bloomberg over intent to publish sensitive financial information. The lawsuit centers on alleged violations of confidentiality agreements and concerns over personal security risks. TRON founder Justin Sun filed a lawsuit against Bloomberg in Delaware federal court, seeking to block the media company from publishing a detailed breakdown of his crypto holdings. The lawsuit, filed August 1, 2025, arose after Bloomberg sought to include Sun in its Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest individuals, according to software engineer and crypto researcher Molly White, who first shared the filing. Sun claims he shared…

Major crypto exchange Coinbase has unveiled new listings in the last 24 hours. In a recent tweet, Coinbase stated that “Sends and receives” of USDC on Base are now available to New York residents on Coinbase in the Coinbase iOS and Android apps. Sends and receives of USDC on Base are now available to New York residents on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. — Coinbase Assets 🛡️ (@CoinbaseAssets) August 13, 2025 The move is boosted by Coinbase’s Virtual Currency Business Activity license from the New York State Department of Financial Services. In another announcement, Coinbase stated…

Fundstrat’s Tom Lee acknowledges research suggesting Ethereum may reach its record high if it returns to the 2017 price ratio against Bitcoin. The prediction came during a CNBC interview on Bitmine’s increasing ETH accumulation. Fundstrat’s Tom Lee cited internal research suggesting Ethereum’s value could quadruple and reach $16,000 if it returns to its 2017 price ratio against Bitcoin. Analyst Ties Ethereum Price to Historic Ratio Tom Lee referred to a new presentation by Sean Farrell, Fundstrat’s head of digital asset strategy. Farrell’s analysis suggests Ethereum could reach $16,000 if it regains its 2017 ETH/BTC ratio peak of 0.14. While Tom…

The SEC continues to chug along nicely under the crypto-friendly regime led by new chair Paul Atkins. The agency’s latest regulatory greenlight came in as it accepted the filing for the Invesco Galaxy Spot Solana ETF, a proposed exchange-traded fund (ETF) designed to track the spot price of Solana (SOL). The SEC has said it has received and is reviewing the application for the Invesco Galaxy Spot Solana ETF, which means it is not too far from making a decision that many expect to be an approval. The acknowledgement comes after Cboe BZX Exchange submitted a Form 19b-4 to propose…