Author: NBTC

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.

Legal

India to begin sharing cross-border crypto data under global framework in April 2027

By NBTC08/02/2026

India will start swapping information about cryptocurrency transactions with tax departments in other countries starting April 1, 2027. The move comes as the government tightens its grip on digital currency dealings, particularly those happening through foreign platforms. Officials are already laying the foundation for this information-sharing agreement, according to The Economic Times. Once India joins this global exchange system, the government intends to apply severe penalties to make sure that cryptocurrency platforms and intermediaries adhere to the new reporting rules. Joining the global reporting framework The data sharing will occur through something called the Crypto-Asset Reporting Framework, or CARF for…

Ethereum

Ethereum price eyes capitulation toward $900 as the trading range remains intact

By NBTC08/02/2026

Ethereum price remains under bearish pressure, with price rotating lower within a high-timeframe range and downside risk building toward the $900 support zone. Summary Loss of value area high confirms bearish structure, keeping sellers in control Point of control is the final support, before a possible range-low test $900 range low is critical, historically triggering strong bullish reversals Ethereum ($ETH) price action has turned increasingly bearish following the loss of key value levels, signaling a shift in short- to medium-term market control. After failing to hold above the value area high, $ETH has continued to print consecutive lower highs and…

Regulation

Someone just bet $100k on Polymarket that Trump will buy Greenland

By NBTC08/02/2026

A single Polymarket trader has placed a $100,000 wager on the unlikely outcome that U.S. President Donald Trump will acquire Greenland before the end of 2026. If the bet pays out, the trader stands to collect roughly $586,000, implying a strong conviction in a scenario most governments involved have publicly dismissed. Data from the market shows that the bet was made at an implied probability of about 16%, reflecting relatively low expectations but offering an asymmetric payoff. Since then, the market price has climbed, with Polymarket now assigning an 18% chance to the outcome. Rising odds of Greenland acquisition Notably,…

Legal

Brazil lawmakers move to outlaw algorithmic stablecoins like USDe, Frax

By NBTC08/02/2026

Brazil advances a bill to ban algorithmic stablecoins and force all domestic issuers to fully collateralize tokens, tightening rules in a market where stablecoins drive 90% of crypto flows. Summary Bill 4.308/2024 would prohibit issuance or trading of uncollateralized, code-based stablecoins and introduce prison terms of up to eight years for minting unbacked tokens. Foreign issuers like $USDT and $USDC would need Brazilian authorization, while local exchanges must verify comparable compliance standards or assume direct risk responsibility. The proposal, still subject to further committee and Senate approvals, could force algorithmic projects to redesign or exit a market processing $6b–$8b in…

Ethereum

Ethereum Price Closes Sub-$2,000 Support As Crypto Rout Intensifies

By NBTC08/02/2026

Ethereum price extended its decline below $2,000 and $1,950. $ETH is now attempting to recover from $1,750 but faces many hurdles near $2,200. Ethereum failed to stay above $2,000 and started a fresh decline. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,200 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 zone. Ethereum Price Dips Over 15% Ethereum price failed to remain stable above $2,200 and extended losses, like Bitcoin.…

Regulation

Data reveals the new "sweet spot" for crypto in your portfolio as financial advisors flip aggressive on Bitcoin

By NBTC08/02/2026

Financial advisors held crypto allocations below 1% for years, treating Bitcoin as a speculative footnote rather than a portfolio component. That era is ending. According to Bitwise and VettaFi's 2026 benchmark survey, 47% of advisor portfolios with crypto exposure now allocate more than 2%, while 83% cap exposure below 5%. The distribution tells a more precise story: 47% of advisors with crypto exposure sit in the 2% to 5% range, while 17% have pushed beyond 5%. Despite being a minority, these advisors are meaningful, as they have moved past the “toe dip” and are constructing what asset allocators would recognize…

Ethereum

Attention! Analysis Company Identifies Three Risky Zones for Ethereum (ETH)! $1.7 Billion at Risk!

By NBTC08/02/2026

The downward trend in Bitcoin (BTC) and altcoins that began in October continues, with prices falling to levels not seen for a long time. Bitcoin fell to $60,000, a level not seen since October 2024, while the largest altcoin, Ethereum ($ETH), also dropped below $2,000. Analysts argue that the market is in a bear market and prices could fall further, identifying three risky areas for Ethereum. At this point, the cryptocurrency analysis platform Lookonchain announced that there are three liquidation zones in Ethereum, putting $1.76 billion in assets at risk. Lookonchain, through its X account, identified three major on-chain liquidation…

Regulation

Strategy ($MSTR) Stock Soars 10% Above $189 as Bitcoin Nears $100,000

By NBTC08/02/2026

Shares of Strategy ($MSTR) surged more than 10% Wednesday morning, briefly climbing above $189 per share, as investors piled back into the bitcoin treasury trade. The move caps a volatile stretch for the stock following sharp drawdowns earlier this month. Strategy, which holds the largest bitcoin position of any public company, has seen its equity trade as a high-beta proxy for bitcoin, with gains and losses often magnified relative to spot price movements. As bitcoin pushed toward the upper end of its recent range near $97,000, MSTR followed with a rapid upside move that outpaced the broader equity market. The…

Legal

Crypto firms push new compromises to save key market structure bill

By NBTC08/02/2026

Crypto firms are pushing new compromises on stablecoins to win over skeptical banks and keep the crypto market structure legislation alive. New proposals under private negotiations indicate that community banks could take on a larger role in the stablecoin system, from holding part of issuers’ reserves to issuing their own stablecoins through partnerships, Bloomberg reported Thursday, citing people familiar with the matter. The effort follows a Monday White House meeting between crypto executives and banking trade groups regarding stablecoin yields, the central friction point that has reignited industry tensions in recent weeks. However, the session concluded without a resolution on…

Ethereum

Ethereum Hyperscaling Aims to Fix Rising State Costs: Buterin

By NBTC08/02/2026

Ethereum’s co-founder Vitalik Buterin has shared a new research idea that has the possibility to change how Ethereum scaling. On February 6, 2026, he proposed a concept called “hyperscaling,” which is basically a simple goal. That Ethereum should grow but without becoming heavy, expensive or hard to run. The main focus for him is on fixing one of Ethereum’s biggest problems which is state bloat. https://twitter.com/cointelegraph/status/2019629821244923951?s=46 Why Ethereum’s State Is a Problem Ethereum’s “state” is the data that every node must have. Which includes account balances, smart contracts, NFTs and even token holdings. Moreover, the more people using Ethereum, the…