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.

Swiss private bank Maerki Baumann gains approval for UAE crypto business unit

The Swiss private bank Maerki Baumann & Co. Ltd. is now regulated in the UAE by the Financial Services Regulatory Authority (FSRA) of ADGM. Its Middle East Hub branch in Abu Dhabi aims to support blockchain and crypto companies by offering access to essential financial infrastructure and by acting as a reliable banking partner. The bank entered the digital asset space back in 2019. As per the press release, Maerki Baumann seeks to be the financial partner for tech and blockchain ventures as well as crypto companies and entrepreneurs. The Middle East branch will operate under the ARCHIP Brand, uniting…

LegalFeb 8

Pudgy Penguins Hit New York City With Valentine's Day Pop-Up Event

The Pudgy Penguins team is helping fans celebrate Valentine’s Day in the real world with Pudgy Petals, a three-day immersive pop-up event in New York City that highlights gifting and connection via its colorful characters. Running February 12-14, the activation invites guests into the love story of Polly and Pengu (aka Pax), core characters in the Pudgy Penguins universe. The team told Decrypt that the brand—which has expanded from NFTs to games, real-world toys, and beyond—is using Valentine’s Day as a cultural entry point to continue to translate its internet-native IP into a broader brand. At the center of the…

NFTFeb 8

Bitcoin OG Garrett Jin withdraws 80,000 Ethereum from Binance

Garrett Jin, a prominent crypto trader commonly known as Bitcoin OG “1011short,” withdrew 80,000 Ethereum worth approximately $168 million from Binance on Thursday, according to on-chain data. The transfers took place during a market-wide selloff that pushed most crypto assets lower, with Bitcoin falling below $71,000 and Ethereum dropping under $2,100. The total crypto market capitalization shed 6% to $2.4 trillion, per CoinGecko. Heads up: Garrett Jin(#BitcoinOG1011short) has started buying back $ETH! He just withdrew 80,000 $ETH ($167.8M) from #Binance.https://t.co/LyveMqUKoj pic.twitter.com/K18mvT4aoj — Lookonchain (@lookonchain) February 5, 2026 The move signals a renewed interest in buying Ethereum, as Jin recently deposited…

EthereumFeb 8

India crypto reporting under CARF to begin in 2027 as Budget 2026 sets new penalties

India is preparing a major overhaul of its regulatory stance on digital assets, with india crypto reporting reforms tied to global standards and fresh domestic penalties. India to join global crypto transaction reporting network in 2027 Budget 2026 introduces daily and flat penalties for non-compliance Investor behavior shifts amid market volatility Retail and institutional growth broaden crypto adoption Outlook for India’s crypto regulatory landscape India to join global crypto transaction reporting network in 2027 India will start sharing and receiving data on cross-border crypto transactions from April 1, 2027, under the Crypto-Asset Reporting Framework (CARF). The framework, developed by the…

LegalFeb 8

ETH Coin Might Sink Below $2,000 After Bitcoin's 70K Breach

The crypto market is currently witnessing a significant "bloodbath" as we navigate through February 2026. Ethereum ($ETH) has seen a sharp decline, fueled by $Bitcoin losing its critical $70,000 foothold. This downward momentum has left the second-largest cryptocurrency by market cap fighting for survival at the $2,000 psychological level. Vitalik Buterin Selling Spree Adds to Fear Adding fuel to the bearish fire, on-chain reports from Coinpaper and other analytics platforms have confirmed that Ethereum co-founder Vitalik Buterin sold 2,972 $ETH (worth approximately $6.69 million) over the last three days. While these sales are often associated with philanthropy via the Kanro…

EthereumFeb 8

SoftBank and Nvidia back Skild AI in $1.4B robotics investment

Key Takeaways Skild AI’s new funding round, led by SoftBank, raised about $1.4 billion. The company is now valued at over $14 billion. Robotics startup Skild AI has secured nearly $1.4 billion in a funding round, with contributions from NVentures, Nvidia’s venture capital arm, Macquarie Capital, Jeff Bezos through Bezos Expeditions, Disruptive, and Trump-linked 1789 Capital, among others. Skild AI’s valuation has climbed to over $14 billion following the latest round. The financing attracted high-profile new backers, including Samsung and Salesforce Ventures, while long-time supporters, such as Sequoia and Lightspeed, also doubled down on their investment. Founded in 2023, the…

RegulationFeb 8

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

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…

LegalFeb 8

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

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…

EthereumFeb 8

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

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,…

RegulationFeb 8

Brazil lawmakers move to outlaw algorithmic stablecoins like USDe, Frax

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…

LegalFeb 8