Author: NBTC

Ethereum trades at $1,856.19 on August 3, down 1.44%, consolidating inside a Fibonacci range between $1,837 and $1,939 as a descending trendline from the May peak continues to cap recovery attempts. $ETH Holds the 0.382 Fibonacci but the Descending Trendline Has Not Broken Ethereum Price Analysis (Source: TradingView) $ETH is trading between the 0.382 Fibonacci at $1,837.76 and the 0.5 level at $1,939.99, with today’s session sliding from a high of $1,883.97 to close at $1,856.19. The 20-day EMA at $1,867.85 sits just above as the immediate ceiling, while the 50-day at $1,848.92 is the first support below. A descending…

Solana’s ecosystem is experiencing significant developments, with a notable 66% increase in block capacity following the activation of SIMD-0286. Additionally, Morgan Stanley’s $MSOL ETF has launched, achieving a trading volume of $19 million on its debut. These advancements could enhance Solana’s appeal to institutional investors and traders alike, as reported by SolanaFloor. Inside the Move The broader crypto market is showing mixed signals, but Solana stands out with its recent technological advancements. The 66% increase in block capacity is expected to enhance network performance and scalability, making it more efficient for transactions. Moreover, the launch of Morgan Stanley’s ETF signals…

South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a government-backed proposal covering stablecoins and the broader cryptocurrency market after months of delays. According to an Edaily report published Wednesday, the FSC told the National Assembly ahead of a policy briefing that it intends to introduce a consolidated bill. The proposal would reportedly cover stablecoin issuance and circulation, digital asset business rules, exchange entry requirements, disclosures, internal controls and system-resilience standards. A consolidated government-ruling party proposal could provide a central framework for negotiations. At the moment,…

PancakeSwap has launched five new tokenized assets, including $AAPLon, $DRAMon, and $GLWon, allowing traders to engage in 24/7 trading. This development, highlighted by the Twitter account @PancakeSwap, opens the door to more accessible investment opportunities. The ability to trade these assets without a closing bell marks a significant shift in how users can interact with popular financial instruments. Breaking It Down In a strategic move to enhance its platform, PancakeSwap has rolled out five tokenized assets that can now be traded around the clock. This launch comes as the broader cryptocurrency market experiences mixed signals, with various assets displaying fluctuating…

On-chain data in the Bitcoin market has begun to generate signals similar to the lows seen in past cycles. The Sharpe ratio, a key indicator measuring Bitcoin’s risk-return performance, has historically fallen to levels consistent with the end of bear markets. Sharpe ratio According to data from the crypto analytics platform CryptoQuant, the Bitcoin Sharpe ratio dropped to -20 on June 11th. This value is similar to market lows previously seen in 2015, 2018-2019, and 2022-2023. Analysts point out that while this indicator is considered a positive sign for long-term investors, past examples show that prices haven’t immediately surged. Historical…

Bitmine Immersion (BMNR), the largest Ethereum treasury company, bought 10,399 ether ($ETH) during last week as Chairman Tom Lee pointed to ether’s strongest monthly performance against the Nasdaq in a year as evidence that crypto is recovering. The purchase, worth roughly $19.1 million at $ETH’s current price of $1,840, lifted Bitmine’s holdings to almost 5.8 million $ETH, or about 4.8% of Ethereum’s circulating supply, according to the company’s Monday update. The latest acquisition was broadly in line with the previous week’s 9,946 $ETH purchase, extending Bitmine’s streak of weekly ether buys since adopting its Ethereum treasury strategy in June 2025.…

Cryptocurrency payment infrastructure firm Glacis Labs has raised $6.8 million in a seed funding round, with participation from major institutional investors including Franklin Templeton and Coinbase Ventures. The round was led by Lightspeed Faction, with additional support from A.GAIN (formerly IDC Ventures) and Protein Capital, according to a report from The Block. ZeroDelta Platform Expansion The company plans to deploy the new capital toward scaling ZeroDelta, its multi-chain payment platform designed for stablecoin transactions. ZeroDelta aims to simplify how businesses and users send, receive, and settle stablecoin payments across different blockchain networks, addressing a growing need for interoperability in the…

The gap between how crypto-native and traditional financial minds see market structure widened this week, after DRW CEO Don Wilson directly challenged regulatory narratives that cast perpetual futures as little more than speculative gambling instruments. In a rare public pushback from a Wall Street veteran running a major trading operation, Wilson reframed the instrument as a practical innovation that legacy markets should be adopting, not suppressing. The remarks, detailed in the original report, put fresh pressure on the regulatory conversation at a moment when Washington itself is wrestling with how to classify and oversee crypto derivatives. The Instrument Regulators Keep…

Crypto.com, the famous crypto exchange, has recently integrated $XYO, a decentralized cryptographic proof network. With this development, Crypto.com is set to broaden its custody services for institutional users. As Crypto.com revealed in its official announcement, $XYO is joining it as the earliest DePIN network for institutional consumers. Hence, the development permits qualified high-net-worth individuals and institutional investors to use secure management and custody services for $XL1 and $XYO tokens via Crypto.com Custody. Crypto.com Expands Custody Solutions for Institutions via $XYO Integration $XYO’s integration into Crypto.com as the first DePIN network underscores the platform’s wider strategy to fortify institutional-scale digital asset…

Q3 is shaping up to be the most bullish phase of the 2026 cycle so far. From a technical lens, the total crypto market cap has gained 6%+ this quarter, putting the market on track for its first bullish quarterly close since Q3 2025. Since then, crypto has failed to close a single quarter in the green. The key question now is whether this momentum can be sustained through the rest of Q3. Bitcoin dominance, however, has yet to reclaim the 60% level. Unless $BTC.D breaks above that resistance, calling for a sustained crypto rally through the rest of Q3,…