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

Crypto Advocates Round on Democrats’ ‘Crypto Crash’ Message

By NBTC08/02/2026

Crypto industry leaders fired back at Democrats on Friday after the party's official X account posted "yikes" alongside a graphic mocking crypto market losses, drawing accusations of partisan insensitivity as Bitcoin plunged and investors lost billions. The Democratic Party's tweet featured a chart showing Bitcoin's slide alongside an image of President Donald Trump wearing a MAGA hat, triggering immediate backlash from executives, lawyers, and government advisors who said the message dismissed widespread financial pain affecting investors across party lines. Yikes pic.twitter.com/dfvbKMSRou — Democrats (@TheDemocrats) February 5, 2026 The controversial social media activity came as Bitcoin dropped 8.1% over the past…

Ethereum

Is It Ethereum's Sunset? ETH Sold by Top-Tier Whales and Funds

By NBTC08/02/2026

Ethereum is going through one of its most aggressive sell-off periods in recent memory as funds, ecosystem insiders and major holders all try to limit their exposure. As volatility increases and $ETH moves closer to the psychologically crucial $2,000 zone, on-chain data now reveals a wave of forced selling and liquidation avoidance from some of the largest market players. Large holders start selling The founder of Aave, Stani Kulechov, sent out the most recent signal just hours ago when he sold 4,503 $ETH for about $8.36 million at about $1,857. These actions by prominent ecosystem players are rarely ignored and…

Regulation

JPMorgan says institutions will push crypto inflows higher after $130B record year

By NBTC08/02/2026

Wall Street banking giant JPMorgan is forecasting a continuation — and potential acceleration — of capital inflows into the cryptocurrency market in 2026, driven increasingly by institutional investors following a record year in 2025. Analysts at the firm say the trend underscores growing confidence in digital assets as a legitimate investment class. According to JPMorgan’s latest research, total capital flowing into crypto markets reached nearly $130 billion in 2025, marking a roughly one-third increase from 2024 and setting a new annual record. This announcement followed Nikolaos Panigirtzoglou, Managing Director of Global Market Strategy at JPMorgan, and his team’s public assertion…

Legal

China moves to block offshore yuan-backed stablecoin issuance

By NBTC08/02/2026

Beijing has moved to prohibit the unapproved overseas issuance of yuan-linked stablecoins, reinforcing its hardline stance on crypto assets. According to a joint notice issued on Friday by eight departments, including the People’s Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC), entities and individuals are not allowed to issue yuan-pegged stablecoins overseas unless they have lawful approval from the relevant authorities. Domestic firms are also banned from participating in or facilitating such activities through overseas affiliates. The move is aimed at addressing renewed risks from virtual asset speculation and real-world asset tokenization. Regulators said the unauthorized issuance…

Ethereum

How Low Can ETH Go From Here?

By NBTC08/02/2026

Table of Contents What Does The $ETH Price Chart Show Right Now?Where Are The Key $ETH Support Levels?Why Is $ETH Falling Despite Record Network Activity?How Are Institutions And Large Holders Impacting $ETH Price?What Is Happening With BitMine And Why It Matters?Are ETFs Adding More Downside Pressure?Is Anyone Accumulating $ETH Right Now?How Low $ETH Can Go From HereResourcesFrequently Asked Questions Ethereum can still fall toward the $1,500 to $1,800 range if selling pressure continues and demand remains weak. $ETH is trading below $2,000 after losing about 30% over the last seven days. This drop is happening even as the Ethereum network…

Regulation

Blockchain firm eyes $200M in tokenized water projects across SEA

By NBTC08/02/2026

Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets. Real-world asset tokenization involves minting financial and other tangible assets on the blockchain to increase investor accessibility and trading opportunities. The initial pilot targets eight government-contracted water treatment sites in Jakarta for tokenization, aiming to raise up to $35 million for upgrading the facilities and expanding the water network in the area, according to a statement on Wednesday. As part…

Legal

China Reminds Us of Its Bitcoin (BTC) Ban, Announces New Bans! Here Are the Details

By NBTC08/02/2026

China, known for its strict bans on Bitcoin and cryptocurrencies, has introduced yet another ban. According to Bloomberg, China has banned the export of yuan-backed stablecoins that have not received government approval. Accordingly, China has tightened restrictions on cryptocurrencies and tokenized real-world assets. It has banned domestic entities from issuing digital tokens abroad without approval and has blocked the export of yuan-backed stablecoins overseas. The People’s Bank of China (PBOC) and seven Chinese institutions announced in a joint statement on Friday that mainland Chinese companies and their overseas subsidiaries cannot issue cryptocurrency abroad unless authorized by the relevant authorities. Regulators…

Ethereum

RSI Near Historic Low, $7K Potential

By NBTC08/02/2026

Ethereum’s charts tightened into key levels this week, with a weekly inverse head and shoulders setup in focus. At the same time, $ETH’s 14 day RSI moved toward a historical low zone. Ethereum Weekly Chart Shows Inverse Head and Shoulders Structure Ethereum's weekly chart shows a developing inverse head and shoulders structure, based on a TradingView snapshot shared by market analyst Bitcoinsensus. The pattern forms after a long decline, with price carving a left shoulder in mid 2024, a deeper low marked as the head in early 2025, and a rebound that may be shaping a right shoulder in early…

Regulation

Amazon’s $475M Saks Global investment at risk after bankruptcy filing

By NBTC08/02/2026

Key Takeaways Amazon challenges Saks Global Enterprises' Chapter 11 bankruptcy filing, arguing against the proposed $1.75 billion financing. Amazon had invested $475 million in Saks as part of their 2024 acquisition of Neiman Marcus for $2.65 billion. Amazon is fighting to salvage a stake in Saks Global after the luxury retailer entered Chapter 11 and sought financing that could subordinate the tech giant’s equity. In 2024, Amazon invested $475 million in preferred equity to help Saks complete its $2.65 billion acquisition of Neiman Marcus. Under a commercial agreement between the two companies, Saks agreed to sell its products on Amazon,…

Regulation

Amazon’s $475M Saks Global investment at risk after bankruptcy filing

By NBTC08/02/2026