Author: NBTC

Ethereum price is still in an uptrend and has reclaimed a key milestone as it continues its push higher. Summary Ethereum price has again climbed above $4,700, gaining 4% in 24 hours amid a broader “Uptober” market rally. The asset has risen 11% over the past week, with a market cap of about $570 billion and daily volume near $40 billion. Ethereum ETFs in the U.S. saw $177 million in new inflows, totaling $1.47 billion over a six-day streak. The asset’s price has broken out of a short-term descending channel, forming a new ascending structure. At the time of writing,…

South Korean YoungHoon Kim, who describes himself as the person with the highest IQ in the world with 276, made an intriguing prediction in the cryptocurrency world. Kim predicted that Bitcoin would increase in value at least 100 times over the next 10 years and become a universal reserve asset. He also claimed that his company, “American Bitcoin (ABTC),” would become the world’s largest company by market capitalization. However, Kim’s claim of having the “highest IQ” has long been disputed. No official, independent, or concrete evidence based on test results or academic documents has yet been made public. Some experts…

As markets reeled from President Trump’s tariff escalation, Binance — the world’s largest crypto exchange — is facing widespread outrage after users reported frozen accounts, failed stop-loss orders, and flash crashes that sent multiple coins to near zero. Social media erupted late Friday after traders claimed that Binance’s systems locked up during the heaviest liquidation wave of the year. Multiple Altcoins Crashed To Zero On Binance Coins such as Enjin (ENJ) and Cosmos (ATOM) briefly showed prices crashing to $0.0000 and $0.001, respectively, before rebounding. Some traders reported being unable to close or hedge positions as losses spiraled. Binance has…

Goldman Sachs has significantly increased its investment in Ethereum Exchange-Traded Funds (ETFs), as shared by Coinvo. The firm now holds $721.8 million, or roughly 288,294 ETH. This makes Goldman Sachs one of the top institutional holders of Ethereum. BULLISH:GOLDMAN SACHS SAYS BIG INSTITUTIONS ARE NOW LEANING TOWARDS ETHEREUM! pic.twitter.com/zrqZUodn9c — Coinvo (@ByCoinvo) October 7, 2025 This move shows that major financial institutions are now paying more attention to Ethereum. With other firms, like Jane Street and Millennium Management investing in it too. However, Goldman Sachs is taking a leading role. Its growing exposure is attracting attention from both investors and…

Tech-focused investment companies SoftBank and Ark Invest are among the firms in early stage talks to invest in Tether, issuer of the world’s largest stablecoin USDT (USDT), Bloomberg reported on Friday. The report follows this week’s news about Tether looking to raise up to $20 billion in a fundraising round that would value the firm at around $500 billion, which would make it one of the world’s most valuable private companies. The fundraising and the hefty valuation underscores the red-hot stablecoin trend, a fast-growing crypto sector with a potential to disrupt global payment flows. Stablecoins are a class of cryptocurrencies…

Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours. In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash. “Regulators should look into the exchanges that had most liquidations in the last 24 hours,” he wrote. “Any of them slowing down to a halt, effectively not allowing people to trade?…

An Ethereum community figure has revealed where he believes the XRP price could reach in the current quarter, Q4 2025. This presentation came from Leshka (leshka.eth), a prominent trader and market commentator who has persistently maintained a bullish stance on Ethereum. Most recently, Leshka turned his attention to XRP, and his outlook is especially noteworthy. According to him, XRP could hit a maximum price of $9 in the current quarter, Q4 2025. Leshka’s prediction is audacious, considering it comes at a time when XRP has underperformed. Specifically, XRP is trailing in the ongoing recovery effort across the broader market. Notably,…

FED member Michelle Bowman said in her assessments of monetary policy that the neutral interest rate is higher than before the pandemic. Bowman argued that the Fed’s inflation is within its target range, but that risks to the labor market outweigh the risks. Bowman stated that he favors a gradual approach to interest rate adjustments, saying, “It is critical to protect employment by taking decisive and proactive steps now.” He noted that the impact of monetary policy on the economy will be evident over time, emphasizing the importance of the central bank’s ability to make independent decisions. Bowman said the…

Sberbank is reporting high demand for crypto derivative instruments on the Russian market, after selling well over a billion rubles’ worth of digital asset financial products. The banking giant plans to expand the portfolio of these products and expects a strong convergence between traditional and decentralized finance in the future, according to a top executive. Sberbank raises 1.3 billion rubles from nine derivative offerings Sber, the largest Russian bank by assets, has been quite successful in placing financial instruments based on the value of cryptocurrencies in the months since the Central Bank of Russia (CBR) approved them. The monetary authority…

Nearly $6B from Korean retail investors is currently supporting Ethereum’s surprising market strength. Around 68 firms hold 5.66 million ETH, controlling nearly 4.7% total supply. Analyst notes that ethereum breakout from a daily bullish flag sets sights on a $6,650 price target. Ethereum dominance is growing strong against Bitcoin, and recent data suggests that South Korean retail investors are playing a key role in keeping the price strong. Samson Mow, CEO of JAN3, revealed that nearly $6 billion from Korean retail capital is tied up in Ethereum treasuries, acting as the primary support behind the ETH’s surge. South Korean Retail…