Author: NBTC

Ethereum is showing renewed strength. The price is up nearly 7% over the past 24 hours and has extended its recent recovery, pushing decisively higher on the 12-hour chart. That move was not random. Ethereum has now broken out of a cup-and-handle pattern, a structure that often signals trend continuation when confirmed with volume. The breakout places the $4,000 level back into focus. Still, while the structure looks constructive, several momentum and on-chain signals suggest the possible rally might not be risk-free. Ethereum Confirms Cup-and-Handle Breakout as Volume Supports the Move On the 12-hour chart, Ethereum has completed a cup-and-handle…

The on‑chain trading volume of xStocks stock tokens has now passed $3 billion. Over $500 million of that came from trading on decentralized exchanges. Altogether, the total trading volume across both CEXs and DEXs has hit more than $17 billion. And there are 57,718 wallet addresses currently holding one or more xStocks tokens. Each of these tokens tracks a real-world stock or ETF. The most traded are tied to Tesla, NVIDIA, and Circle. Tesla, NVIDIA, and Circle tokens dominate both holders and value According to Dune’s data, TSLAx, the Tesla-linked token, has the highest number of holders at 18,350. It…

Staking activity on the Ethereum network has reached a historic high. The amount of Ethereum (ETH) locked under the Proof-of-Stake (PoS) mechanism has hit an all-time high, driven by increasing interest from institutional investors. This growth is noteworthy despite the generally more selective liquidity in the cryptocurrency market. According to data, the amount of ETH staked on Ethereum’s Beacon Chain has exceeded 36 million, reaching approximately 30% of the circulating supply. This figure indicates a staked market capitalization of over $118 billion. The previous record was set in July 2025 at 29.54%. While the price of Ether has risen by…

The Fed is expected to cut the policy rate by 25 basis points at its December 9-10 meeting. A strong majority of Reuters poll of more than 100 economists suggests the Fed will cut interest rates again to support a cooling labor market. This expectation aligns with the likelihood of a near-85% discount priced in futures markets. However, despite this clear consensus among analysts, there is a significant divide within the Fed regarding the decision to be taken. Following the 25 basis point cut at the October meeting, Fed Chair Jerome Powell warned that inflation could climb again and said…

Ondo Finance is planning to make BitGo’s (BTGO) stock available on blockchain rails Thursday, the same day of its public listing on the New York Stock Exchange, giving global investors faster access to the newly public crypto custodian. The tokenized shares will be tradable on Ethereum, Solana and BNB Chain through Ondo Global Markets, the company’s platform for trading traditional financial assets onchain, shortly after it starts trading on NYSE. Ondo claimed the bragging rights of being one of the first instances of tokenizing a U.S. company’s stock so quickly after its IPO. BitGo has not yet begun trading but…

The Kingsport Board of Mayor and Aldermen has advanced a new ordinance establishing zoning rules for crypto mining operations and data centers in the city, according to WJHL. Passed on first reading Tuesday, the ordinance sets standards for data centers and crypto mining, including setbacks, noise limits and zoning restrictions, while allowing the uses under strict oversight. Manager Ken Weems said it would protect existing property owners. Under the ordinance, mining crypto assets, like Bitcoin, would be permitted only in heavy industrial zones and would require special exception approval and ongoing sound and vibration studies due to noise concerns. Several…

Vivek Raman stated that Ethereum is at a critical juncture in terms of adoption, similar to where Bitcoin was in the previous cycle. According to Raman, Co-Founder and Managing Partner of Resinvest, while the liquidity flowing into the system could push Bitcoin higher, Ethereum’s performance may be stronger. In his assessment, Raman stated, “ETH is at the adoption breaking point that BTC was at in the last cycle. Bitcoin will perform well as liquidity enters the system. However, Ethereum will perform even better as it becomes the best blockchain for doing business and as ETH transforms into a productive treasury…

Key Takeaways Huaxia Bank issued $637 million in blockchain-based bonds settled exclusively with digital yuan, China’s central bank digital currency (CBDC). This bond issuance demonstrates the practical use of blockchain technology in China’s regulated financial markets. Huaxia Bank, a major state-owned Chinese lender, issued $637 million in blockchain-based bonds settled exclusively in digital yuan. The issuance was carried out through Huaxia Financial Leasing, a subsidiary of Huaxia Bank. The digital yuan, operated by the People’s Bank of China, enables real-time, on-chain recording of the bond issuance process and simplified settlement. The issuance demonstrates the practical application of blockchain technology in…

Kraken has activated support for the USDC Algorand pair, giving clients faster and cheaper stablecoin transfers across the exchange’s funding infrastructure. USDC deposits and withdrawals now live on Algorand How to fund your Kraken account with USDC on Algorand What is USDC and how is it backed? Algorand’s role in scaling USDC transfers Future asset listings and availability on Kraken Key takeaways USDC deposits and withdrawals now live on Algorand Kraken has enabled USDC deposits and withdrawals on the Algorand network, expanding its multi-chain support for the dollar-pegged asset. Moreover, this integration is designed to offer faster confirmations and lower…

If an investor were to read the SEC filings of VCI Global, they may find it difficult to understand its risky ties to Tether and Solana. Amid a sort of information vacuum and other executive disappointments in 2025, holding shares of VCI Global since their open of trading on a “100 million OOB token digital-asset-treasury transaction” announcement would have earned a 31% loss in less than four weeks. Longer term shareholders have performed even worse. Anyone’s investment since the start of the year has suffered a catastrophic, 99.9% loss. Year-to-date chart of VCI Global. Source: TradingView Oobit (OOB) is a…