Author: NBTC

Crypto markets quickly sold off in mid-morning U.S. Friday hours even as August employment data argued for a quick pace of monetary easing from the Federal Reserve. At first, news that the U.S. added just 22,000 jobs last month had all markets – crypto, stocks, bonds and gold — in rally mode amid anticipation of the Fed cutting its benchmark interest rate 25 or even 50 basis points later in September. Things, however, quickly reversed following the opening of the stock market. Leading the way lower, was ether (ETH), which shed nearly 4% in a manner of minutes and is…

Telegram founder Pavel Durov has accused French intelligence of previously exploiting his legal troubles to censor opposition voices in Moldova’s presidential elections last year, pointing to a broader action by governments on digital privacy. In a Sunday statement posted to Telegram and X, Durov said French intelligence had contacted him through an intermediary while he was being detailed in Paris roughly a year ago, requesting that he remove specific Telegram channels ahead of Moldova’s presidential elections in 2024. Durov said that after Telegram removed channels violating its rules, an intermediary informed him that French intelligence would favorably address the judge…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -6.49% today against the US Dollar ETH/BTC decreased by -2.85% today Ethereum is currently trading 8.34% below our prediction on Sep 30, 2025 Ethereum dropped -15.31% in the last month and is up 50.99% since 1 year ago ETH price is expected…

The share price of electric vehicle manufacturer Tesla (NASDAQ: TSLA) is rising after the company announced a new pay package for CEO Elon Musk. By press time, TSLA stock was trading at $354, up about 4.5% for the day. Investors appear to be reacting to the proposed compensation plan for Musk, potentially valued at about $1 trillion, in what would be the largest executive pay package in corporate history. The proposal, disclosed in Tesla’s proxy filing, is structured to keep Musk at the helm for the next decade. It outlined a series of ambitious performance targets that Musk must meet…

Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. Ethereum Dips Below $4,000, Analyst Explains Why According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent below $4,000 can be blamed on a complex mix of factors. First, a strong US dollar, coupled with the Federal Reserve’s (Fed) cautious stance following its September rate cut, dampened risk appetite. Furthermore, rising bond yields and the increasing risk of a US government shutdown…

U.S. stocks rose as investors reacted to the softer-than-expected jobs report, with the S&P 500 and Nasdaq inching higher to lead the bounce for major gauges. Summary S&P 500 and Nasdaq rose after latest jobs report showed a labor market in slowdown. Cryptoccurrencies also gained as Bitcoin jumped above $113,000. The S&P 500 gained 0.4% to a record 6,537, and the Dow Jones Industrial Average added 50 points as the tech-heavy Nasdaq opened up 0.9% as August’s soft labor data further ignited Wall Street’s bets on a Federal Reserve interest rate cut in September. Gains across the stock market also…

A federal judge ruled Thursday that “Pharma Bro” Martin Shkreli can be sued for allegedly copying and distributing Wu-Tang Clan’s one-of-a-kind album “Once Upon a Time in Shaolin,” handing a partial victory to the digital art collective that owns the exclusive recording. U.S. District Judge Pamela Chen allowed PleasrDAO to move forward with trade secret misappropriation and property recovery claims against the former pharmaceutical executive in a 32-page decision, while dismissing other allegations on copyright preemption grounds. PleasrDAO’s lawsuit alleges Shkreli retained digital copies of the album after forfeiting it in 2018 to partially satisfy a $7.36 million judgment from…

Ethereum NFT collection Doodles commenced its collaboration with Kellogg’s cereal brand Froot Loops on Wednesday, selling custom boxes pairing the brand’s famous rainbow toucan with Doodles’ colorful pastel characters.  Only 500 custom boxes were available priced at $50 each, though the Froot Loops cereal is not included. Each limited-edition box comes with a digital collectible that will be provided to purchasers via an NFT minted on Coinbase’s Ethereum layer-2 network, Base.  “For a lot of us, Froot Loops isn’t just cereal, but a brand that’s reminiscent of Saturday mornings, cartoons, and that carefree feeling of being a kid,” Doodles CEO…

Ether fell below the psychologically significant level of $4,000 on Thursday, September 25 as substantial selling activity drove the digital currency lower. The world’s second-largest cryptocurrency by total market value dropped to roughly $3,825 during the day, according to Coinbase data from Tradingview. At this point, the digital asset was trading at its lowest point since early August. “Ethereum’s slide below $4,000 was driven by a wave of leveraged liquidations after key support broke, with over $300 million in longs wiped out in 24 hours,” Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, stated via email. Dipasquale emphasized…

The blockchain analytics specialist Elliptic has released a due diligence toolset for stablecoins. According to Elliptic, the product can scrutinize wallets and track assets moving from one blockchain to another. According to James Smith, the founder of Elliptic, Companies in mainstream finance can use the tracking tools and dashboard. The tools can be used by stablecoin issuers like Tether and Circle, which are the two biggest in an industry worth almost $300 billion, as well as their major suppliers and counterparties. In addition, the product is relevant to all stablecoin issuers operating today, not just the major ones. Smith revealed…