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.

Ethereum Crashes 29% in a Week, but Reversal Signals Start to Appear

Ethereum has suffered a sharp correction, with price falling nearly 29% over the past week and slipping below the $2,000 mark. $ETH is now trading at levels last seen nine months ago, reflecting severe weakness across the market. Diminishing buyer support has worsened conditions, with on-chain data confirming growing stress among Ethereum holders. Ethereum Holders Move Back To Selling Ethereum holders have increasingly resorted to panic selling as broader market conditions deteriorated. On-chain data from the Realized Profit/Loss indicator shows investors selling despite being underwater. Realized losses surged past $1.2 billion within 24 hours, highlighting widespread capitulation as holders prioritize…

EthereumFeb 8

EACC head promotes AI, blockchain tech to African anti-corruption commissions

The Ethics and Anti-Corruption Commission (EACC) has urged African anti-corruption and oversight institutions to strengthen the use of digital technologies, including AI, blockchain, and data mining tools, to fight corruption and financial crimes more effectively. EACC Chief Executive Officer Abdi Mohamud stated that emerging technologies are important for detecting, investigating, and preventing corruption-related offenses. He noted that digital platforms can reduce human discretion and improve traceability, making it harder for corrupt practices to go unnoticed. EACC moves toward full digitization to fight corruption The EACC has already automated 58% of its processes and is working toward full digitization of its…

LegalFeb 8

Multiliquid, Metalayer launch instant redemption backstop for RWAs on Solana

Multiliquid and Metalayer Ventures have launched an institutional liquidity facility to provide instant redemptions for tokenized real-world assets (RWAs) on Solana. The facility allows holders of tokenized assets to convert positions into stablecoins instantly. The vehicle is raised and managed by Metalayer Ventures, with infrastructure and market support provided by Uniform Labs, the developer behind the Multiliquid protocol, according to an announcement shared with Cointelegraph. “Traditional finance has repo markets, prime brokerage and overnight lending facilities. Tokenized markets have had nothing comparable, until now,” said Will Beeson, founder and CEO at Uniform Labs. “This is the liquidity infrastructure that institutional…

BlockchainFeb 8

Ether's recent crash below $2,000 leaves $686 million gaping hole in trading firm's book

An ether $ETH$2,048.66 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million dollar horror story. That bull is Trend Research, a trading firm headed by Liquid Capital founder Jack Yi. The firm spent recent months building a bullish (long) bet worth $2 billion on ether by borrowing stablecoins from DeFi giant Aave, which were reportedly collateralized by ether. The position blew up this week, leaving the firm with a $686 million loss, according to Arkham. The blow up underscores the crypto market's unchanged reality: Volatility can still make…

EthereumFeb 8

S&P 500 Pullback Extends as Market Momentum Slows

The S&P 500 pullback continued for a second consecutive session as investors turned cautious across US equities. Technology stocks led losses, reversing part of the strong rally seen earlier this month. Market sentiment weakened as traders responded to renewed geopolitical and trade related risks. These pressures arrived at a time when valuations already reflected high expectations for growth. Investors entered the session with growing concern over whether technology stocks could maintain recent momentum. The S&P 500 pullback reflected a broader pause as traders reassessed risk exposure. Semiconductor stocks remained at the center of selling activity due to their global supply…

RegulationFeb 8

Animoca Brands Launches Animoca Minds to Open Access to AI Agents

Animoca Brands, a prominent digital asset investment firm, has partnered with Ethoswarm, a blockchain-based platform for AI agents. The partnership is launching Animoca Minds, a cutting-edge service to let consumers deploy and run AI agents. As Animoca Brands pointed out in its official press release, the initiative attempts to democratize agentic web access, enabling users to seamlessly deploy independent AI agents. We are announcing a strategic partnership with @cryptoslamio’s @Ethoswarm, which generates persistent AI minds with their own identity, memory, and cognition, to launch Animoca Minds, a new service that enables users to deploy and operate persistent AI agents. Powered…

BlockchainFeb 8

Ethereum Derivatives Data Shows Heavy Positioning Near $2,000

Ethereum traded above the $2,000 per coin range on Friday afternoon, as derivatives markets flashed a mix of caution and crowding across futures and options. Futures open interest edged lower intraday while options data showed traders clustering around key strikes, setting the stage for potential price compression. Ethereum Options Positioning Points to Compression Near Max Pain Zones Ethereum had a wild ride yesterday, and on Friday, things are way calmer. According to coinglass.com stats, ethereum futures open interest remains substantial across major venues, with CME leading in dollar terms at roughly $3.45 billion, representing about 14.1% of total tracked exposure.…

EthereumFeb 7

Argentina Pushes Crypto Deeper Into Everyday Finance

Argentina continues to lead global crypto adoption as citizens look for alternatives to fragile financial systems. High inflation, currency depreciation, and strict banking requirements have pushed millions to explore digital assets. Bitcoin has already become a popular store of value, yet using it for daily spending often forces users to sell assets they prefer to hold. Lemon’s latest move directly addresses this gap by connecting Bitcoin holdings with real-world credit access. The launch arrives at a time when traditional credit remains inaccessible for a large section of the population. Banks still demand credit history, formal income proof, and long approval…

RegulationFeb 7

South Korea Sees Trading Volume Surge in 17 Altcoins – Seen After Major Drop, Here’s the List

Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen a noticeable increase in trading volume for some altcoins over the past 24 hours. The strong South Korean Won pairings seen particularly in projects like $XRP, ZKsync, Zora, and Enso indicate a resurgence in local investor interest. When the data is combined, it is seen that the total trading volumes of the leading altcoins on the two exchanges reach hundreds of millions of dollars. Here are the altcoins with the highest trading volume on South Korea’s largest cryptocurrency exchanges in the last 24 hours: $XRP – $495.98 million Bitcoin…

ExchangesFeb 7

Solana’s Lily Liu Calls for Finance-Focused Blockchain Reset

As digital asset markets face renewed pressure, a senior voice from the Solana Foundation has called for a reset in how blockchains define their purpose. Lily Liu, a key figure at the foundation, argued that the industry drifted too far from its financial roots. Consequently, she urged builders and investors to narrow their focus toward financial infrastructure rather than experimental consumer narratives. Liu’s comments arrive during a period of falling token prices and shrinking risk appetite. Besides market volatility, the industry also faces growing skepticism about real-world value creation. She framed blockchains as tools designed for finance from the start.…

BlockchainFeb 7