Author: NBTC

A trader has turned a modest $125,000 into a staggering $300 million through a bold Ethereum long strategy on decentralized exchange Hyperliquid. Blockchain monitoring by @EmberCN revealed the account first funded two addresses in April, withdrawing from ChangeNOW and KuCoin to begin building a leveraged position. The first trade opened at $1,490, right at Ethereum’s yearly low. By steadily adding to positions with profits, a technique traders describe as “rolling” or snowballing. The account grew its holdings from a few hundred ETH to 66,000 ETH. The most recent increase was added just yesterday morning. At today’s levels, the trader sits…

The U.S. debt continues to grow steadily, reaching $37 trillion. The White House’s attempts to cut spending and boost revenue through tariffs have yet to slow the pace of this growth. Cryptocurrency advocates suggest that digital assets could play a role in tackling the national debt problem. But what are the chances the U.S. can pay it off, and can crypto help? Summary U.S. national debt reached $37 trillion, while Congress raised the debt limit by $4 trillion Tariff revenues and spending cuts in several spheres don’t seem to impact the U.S. debt situation that much Proposed Bitcoin Act and…

According to a new analysis released by DWF Ventures on August 15, 2025, Hyperliquid’s decentralized perpetual exchange has reached an all-time high market share of 6.1% against centralized exchanges (CEXs), becoming a major competitor to traditional futures trading platforms. The report from DWF Ventures, the investment arm of DWF Labs, charts Hyperliquid’s evolution from an Arbitrum-based PerpDEX to its current Layer 1 platform following migration to HyperEVM and the HYPE token airdrop. Community-first strategy DWF Ventures attributes Hyperliquid’s success to its absence of early-stage VC funding, instead focusing on refining UX and organically growing its community. This approach was rewarded…

Samson Mow, a vocal Bitcoin advocate and the CEO at JAN3, has addressed Ethereum holders to talk to them about ETH and Bitcoin. Mow has offered them the last chance to save their investments by moving them into the largest digital currency. “Last chance to sell ETH above 0.03 BTC” Samson Mow often criticizes Ethereum. Earlier this week, he stated that contrary to Tom Lee’s recent statement, he does not believe that ETH will ever flip BTC. The JAN3 boss also reminded the community that currently there is 768,400 ETH is waiting to be unstaked from the Ethereum network. This…

Snail, Inc., the publicly traded U.S. subsidiary of one of the first online video game developers in China, said it plans to raise funds to explore digital assets, including the launch of its own USD-pegged stablecoin. In a press release published on Thursday, Snail said it has entered an agreement with investment bank H.C. Wainwright & Co. to sell up to $4.5 million worth of its Class A common stock in an at-the-market offering. The company said the proceeds would primarily support its “digital asset initiative,” including evaluating and potentially launching a proprietary U.S. dollar-backed stablecoin. Some funds would also…

August 12, 2025 – Road Town, British Virgin Islands – NovaEx, a next-generation cryptocurrency exchange, launched earlier this year, is now raising the bar for precision trading with a suite of groundbreaking features. These include Zero-Slippage Stop-Loss/Take-Profit, Market Order Protection, and Full Trade Execution Guarantees, all backed by a dedicated insurance fund designed to ensure reliability even in volatile market conditions. Building on its security-first foundation, NovaEx now offers professional and everyday traders an unmatched level of control, transparency, and reliability in every trade, even during periods of extreme market volatility. “We believe serious trading deserves serious protection,” said the…

Another diamond-handed Ethereum whale has reactivated from dormancy to massive portfolio gains after holding onto his ETH for over 10 years. Whale Alert drew the crypto community’s attention to this whale activity on Saturday, August 16. Notably, this was a pre-mine whale who had been dormant for 10 years and a month, with the recent transaction being his first. Ethereum Whale Awakens from Slumber For context, the address “0x61b9” was among the early Ethereum adopters and received 334.7 ETH at the genesis block. Etherscan shows it received the ETH 3,669 days ago, which is approximately 10 years and a few…

Key Takeaways Peter Thiel has disclosed a 7.5% stake in ETHZilla, which trades under the ticker ATNF. Thiel and his investor group reported beneficial ownership of over 11 million shares of 180 Life Sciences. Peter Thiel, the billionaire tech investor and co-founder of PayPal and Palantir, is part of an investor group that holds a 7.5% stake in 180 Life Sciences, which is rebranding as ETHZilla, an Ethereum-focused corporate treasury vehicle, according to a new SEC disclosure. Shares of 180 Life Sciences (ATNF) jumped over 11% at Monday’s close and surged roughly 57% in overnight trading, Yahoo Finance data shows.…

Deribit, the world’s largest crypto derivatives exchange, announced that it will launch Bitcoin (BTC) and Ethereum (ETH) options settled in USDC. Deribit, recently acquired by Coinbase, the largest cryptocurrency exchange in the United States, announced on August 19 that it will launch linear Bitcoin and Ethereum options priced and settled in USDC, in addition to futures, according to The Block. Deribit’s announcement of USDC for BTC and ETH comes just over a year after integrating USDC-calculated linear options for altcoins like Solana (SOL) and XRP. Deribit CEO Luuk Strijers commented on the latest announcement: The positive response and growing demand…

This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to decentralize mining hardware and software. End of Disposable Miners? Block’s Proto Rig Adds 10-Year Lifespan The announcement at Core Scientific’s facility — where operational Proto Rigs are already deployed — signals Block’s entry into the competitive ASIC mining market under its Proto division, following its initial bitcoin mining chip sales. Proto Rig replaces disposable hardware models with upgradeable infrastructure. Its modular design enables operators to swap individual hashboards instead of…