Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Just a few short years ago, the crypto hype was strong. VCs were eager to pour money into solutions for scalability, data availability, and any number of buzzwords. Since then, the advent of powerful AI models and prolonged bear markets have taken the wind out of crypto’s sails and many chains which promised the future are now as good as forgotten. One keen-eyed X user, crypto marketer Stacy Muur, noted the staggering $500 million invested across six blockchain projects which, together, have produced a total of just $360 in blockchain fees in the past 24 hours. These projects raised more…
Historical Signal Finding Four Previous Bottoms in Bitcoin Sounds Alarm! Is the Bottom Near? Analyst Evaluates!
While Bitcoin and the cryptocurrency market in general continue to trade with high volatility, a signal that accurately indicated the bottoms has been analyzed. According to a CryptoQuant analyst report, Bitcoin is likely to experience further declines in the current bear market. At this point, the analyst, examining the Net Unrealized Profit/Loss (NUPL) indicator, noted that Bitcoin’s NUPL indicator is currently at 0.158. The 30-day NUPL moving average has fallen to 0.155, while the 100-day EMA is at 0.215. With the 30-day average below the 100-day average, a bottom would require the 100-day EMA to also fall below zero. Because…
Coinbase began offering a High Yield tier on its USDC lending product paying about 7.02% APY, roughly double the 3.63% APY on its standard Core tier, days after Robinhood Earn launched a competing 7% campaign. Both products route deposits through Morpho, a decentralized lending protocol with $7.11 billion in total value locked, and both are curated by Steakhouse Financial. But the two rates are built differently, according to a breakdown from analyst account Pink Brains. Robinhood’s headline number blends several pieces: borrower interest, reserve yield from its $USDG stablecoin’s T-bill backing, zero vault fees and a top-up campaign run through…
Ethereum is testing resistance as a TD Sequential sell signal and a broader corrective structure raise the risk of another decline. $ETH could first sweep liquidity above recent highs, but failure to hold the move may expose $1,770, $1,700 and eventually $1,505. Ethereum Sell Signal Raises Risk of Drop Toward $1,700 Ethereum is testing the upper boundary of its price channel as the TD Sequential indicator flashes a sell signal, according to analyst Ali Charts. The overlap of technical resistance and weakening momentum increases the risk of a short-term pullback. The channel top acts as resistance because previous advances have…
Memory and semiconductor stocks lose momentum, bitcoin rebounds in sign of changing investor focus
In recent days, there have been signs of a reevaluation. The Roundhill Memory ETF has fallen roughly 25% from its June 22 record high, while VanEck Semiconductor ETF has dropped 12%. Bitcoin, which dipped below $58,000 on July 1, is back trading above $61,000. The AI-related selling pressure accelerated on Wednesday after Bloomberg reported that Meta Platforms (META) is creating a business unit called Meta Compute, which will sell excess GPU (graphic processing unit) computing capacity to third parties. The news rattled companies that have benefited from the AI compute boom, particularly “neocloud” providers that lease GPU infrastructure to AI…
Blockchain investigator ZachXBT said several meme coins used his likeness across multiple chains during the past week. He said he did not promote, support, or launch any of the tokens. The investigator posted the update on his Telegram channel after traders created ZACHXBT-themed tokens tied to his public name. “I have always stated I will never support or launch a meme coin,” he wrote. ZachXBT said all tokens sent to his donation wallet were sold on the market. He then sent the full amount, worth about $41,000, to charity through The Giving Block. The funds went to Direct Relief and…
DTCC has begun testing the tokenization of stocks and Treasurys with nearly 40 financial firms, marking a huge step toward blockchain-based settlement on Wall Street. The program will allow eligible securities to move between traditional and tokenized formats while retaining full legal rights. The pilot includes participants such as JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the New York Stock Exchange, which will tokenize selected assets held at DTCC before settling transactions on blockchain networks. The first basket includes Microsoft shares, Circle stock, major ETFs including QQQ and SPY, Treasury ETFs, and US government bonds. DTCC plans to officially launch the…
QuickSwap is making a significant bet on the future of decentralized derivatives. Following an overwhelming community vote, one of DeFi’s longest-running decentralized exchanges has selected Orbs’ Perpetual Hub Ultra 2.0 as its default perpetual futures infrastructure, replacing its previous Orderly-powered solution and consolidating all future perpetual trading on Orbs’ Layer-3 network. The governance proposal, titled “Full Shift of Decentralized Perpetuals to Orbs Network,” passed with 81.8% support from QUICK token holders, signaling strong community backing for the transition. A Community-Driven Upgrade The integration replaces the Falkor perpetuals platform previously running on Polygon PoS while expanding on the existing partnership between…
Russia’s central bank governor, Elvira Nabiullina, confirmed that the country was prepared to roll out its central bank digital currency (CBDC) in two months, following the timeline it laid out last year. According to a Thursday report from Russian state media outlet RIA Novosti, Nabiullina said that “everyone is ready” for a Sept. 1 digital ruble launch. The CBDC will launch as a complement to Russia’s fiat currency, the ruble, and will initially be accepted by financial and credit institutions. “We want the digital ruble to be in demand by people and businesses, to be convenient, and, of course, we’re…
Altcoins with the Highest Number of Active Users in the Past Week Revealed – There’s a Surprise at the Top
The latest list of cryptocurrency platforms based on weekly active user numbers has been released. The data reveals the networks and protocols with the highest user engagement over the past 7 days, with Solana topping the list with a strong increase. According to the list, Solana ranked first with 15.3 million weekly active users. Solana’s active user count increased by 106.9 percent in the last 30 days. $BNB Chain came in second with 13 million weekly active users, but recorded a 12.5 percent decrease in the last 30 days. Tron ranked third with 8.7 million active users. Related News The…