Author: NBTC

The NFT movement appears to be gaining momentum once again, projected to grow substantially over the coming years, driven by increasing adoption levels. Certain metrics indicate a steady rejuvenation, but we remain far from the glory years experienced not long ago. Forecasted for Growth According to a report from analysis platform Coinlaw.io, the non-fungible token (NFT) market is showing signs of a revival. It is projected to grow by hundreds of billions by the end of the decade, by moving away from speculative art to an interconnected ecosystem spanning fashion, gaming, and even legal matters. Current projections see the 2025…

Ethereum’s price is at a critical juncture, with technical signals pointing to both a massively bullish long-term picture and a need for short-term caution. While analysts tracking historical patterns see a path for ETH toward targets as high as $15,650, the immediate market data shows volatility has returned. The long-term bull case is based on a simple comparison to the last cycle. After Ethereum broke its previous all-time high in 2021, it rallied over 211%, peaking near the 3.618 Fibonacci extension level. According to analyst Mags, if that history repeats, the same 3.618 extension in the current market structure sits…

Bitcoin evangelist Pierre Rochard has argued that Strategy co-founder Michael Saylor is currently outperforming Federal Reserve Chair Jerome Powell. Rochard believes that the Fed needs to own the largest cryptocurrency. “Full reserve banking” The Fed runs a fractional reserve system that allows banks to keep only a small portion of deposits while lending out the rest. The interest rate the Fed pays on reserves or Treasuries currently stands at 4.5%. Hence, Rochard argues that the Fed system carries a lot of risk while offering a relatively low return. In the meantime, STRC, Strategy’s preferred stock, is backed by Bitcoin reserves.…

Japan’s Financial Services Agency (FSA) presented a proposal that would significantly tighten crypto regulation. A Tuesday FSA report recommends regulating cryptocurrencies under the Financial Instruments and Exchange Act (FIEA), moving them from under the Payment Services Act. This aims to strengthen investor protection and align crypto oversight with securities regulation. The regulator said that many issues within crypto resemble those traditionally addressed under the FIEA, so it may be appropriate to apply similar mechanisms and enforcement. Key problems in crypto investment highlighted in the report include unclear white papers, inaccurate disclosures, unregistered operations, investment scams, low risk tolerances and security…

Justin Sun clarified doubts over HTX’s high- interest products The platforms stablecoins are now offering higher yields, and deposits can be withdrawn anytime. HTX also launched a Stablecoin Earning Zone with up to 20% APY Justin Sun, the founder of TRON and adviser to HTX (formerly Huobi) has addressed questions about HTX’s high-interest financial products. He explains the platform’s approach to subsidies, fund transparency, and unlimited deposits, offering insight into the platform’s growth strategy. Here’s insight into HTX’s strategy. Justin Sun Explains Subsidies, Competition, and Transparency Sun clarified that these products are fully subsidized by the group and is just…

After vaulting past the 1 zettahash per second (ZH/s) threshold, Bitcoin’s mining difficulty climbed 4.89% to reach an all-time pinnacle of 136.04 trillion. This adjustment, paired with softened bitcoin prices, has tightened the squeeze on mining participants. Mining Just Got Harder: Bitcoin Pushes Difficulty to Lifetime Peak According to the seven-day simple moving average (SMA) tracked by hashrateindex.com, Bitcoin’s total hashrate reached 1,013 exahash per second (EH/s) on Sept. 2, surpassing the symbolic threshold where 1,000 EH/s equals a single zettahash. Total hashrate SMA 7 days via hashrateindex.com. Yet three days later, at block 913248, difficulty adjusted higher as average…

Fintech giant Stripe today officially announced its partnership with venture capital firm Paradigm and revealed that the firms are launching a Layer 1 blockchain, Tempo. Tempo is an Ethereum-Virtual Machine (EVM)-compatible blockchain designed for high-volume payment use cases with a built-in stablecoin automated market maker (AMM), and claims high throughput, low latency, and opt-in private transactions. According to an X post from Tempo’s official account, the chain will feature 100,000+ transactions per second (TPS) and sub-second finality. The news of the partnership and plans to launch Tempo were first reported by Fortune a little over a month ago, citing anonymous…

SyrupUSDC – a yield-bearing stablecoin issued by asset manager Maple Finance, which oversees more than $3.5 billion – surpassed $1 billion in supply on Wednesday, Sept. 3. The stablecoin’s market capitalization jumped from $970 million early Wednesday to $1.01 billion at the time of writing. The surge marks an 18% increase from one month ago, and a 59% increase since the beginning of summer. syrupUSDC Market Capitalization “Crossing the $1 billion mark in syrupUSDC supply shows just how quickly demand for institutional-grade yield is scaling in [decentralized finance],” Maple’s CEO Sidney Powell told The Defiant. “It’s a signal that allocators…

Bitmine, chaired by market oracle Tom Lee, announced that it purchased more than $800 million worth of Etheruem (ETH) over the past week. In an official statement, the company reported that it had $8.82 billion in crypto and cash assets as of August 24. The company stated that it holds 1,713,899 Ethereum, 192 Bitcoin, and $562 million in cash, worth $4,808 per token. The company’s holdings added more than 190,500 Ethereum, up $2.2 billion from the $6.6 billion reported the previous week. BitMine’s cryptocurrency holdings rank it the number one Ethereum treasury firm and the second global crypto treasury firm…

Crypto infrastructure provider Utila raised $22 million in its latest fundraising round nearly tripling its valuation in the last six six months, the firm told CoinDesk. The round was led by Red Dot Capital Partners with Nyca, Wing VC, DCG and Cerca Partners among investors also participating, extending the March Series A funding round to $40 million. Founded in New York and Tel Aviv, Utila provides a digital asset operations platform tailored for enterprises working with stablecoins. The system handles payments, treasury and trading functions, while offering compliance and continuity features for businesses. The firm’s customers include payment providers, neobanks…