Author: NBTC

Binance US now supports Abstract Chain, letting U.S. users deposit and withdraw ETH on the Layer 2 network without bridging. Summary The integration is part of Binance US’s broader expansion of Ethereum Layer 2 support, following earlier adoption of the Base network for ETH and USDC transactions. Abstract Chain, developed by Igloo Inc. and backed by investors including Peter Thiel’s Founders Fund, delivers scalable, low-cost transactions with features like account abstraction and social login. Binance US has integrated Abstract Chain, a recently launched Ethereum Layer 2 network, allowing U.S. users to deposit and withdraw Ethereum (ETH) without the need for…

Cryptocurrency analytics firm CryptoQuant has released a compelling report on the current market outlook for Ethereum (ETH). The firm notes that Ethereum is experiencing one of its strongest periods in history in terms of institutional demand, staking participation, and on-chain activity. According to the report, Ethereum fund holdings have doubled since April 2025, reaching 6.5 million ETH. Furthermore, the total holdings of whale wallets with balances between 10,000 and 100,000 ETH have surpassed 20 million ETH. While this indicates strong institutional interest, it also suggests significant “smart money” positioning and limited short-term upside potential. Ethereum staking also hit a new…

Shares in the livestreaming and e-commerce company GD Culture Group fell 28% on Tuesday after announcing a share deal to acquire all the assets from Pallas Capital Holding, including 7,500 Bitcoin. GD Culture will issue nearly 39.2 million shares of its common stock in exchange for all Pallas Capital’s assets, including $875.4 million worth of Bitcoin (BTC), the firm said on Tuesday. The deal was made last Wednesday. GD Culture’s CEO and chairman, Xiaojian Wang, said the deal would “directly support” its plan to build a “strong and diversified crypto asset reserve” while benefiting from Bitcoin’s growing institutional acceptance as…

Online trading platform IG Group has acquired a majority stake in Australian cryptocurrency exchange Independent Reserve for 109.6 million Australian dollars ($72.4 million). The deal, the company said, aims to strengthen IG’s position in Asia-Pacific’s fast-growing crypto markets and complements its recent crypto rollouts in the U.K. and U.S. Independent Reserve is one of Australia’s oldest regulated crypto platforms, IG’s managing director for Asia Pacific and the Middle East, Matt Macklin, said. It also supports trading in 34 cryptocurrencies across Australian and Singaporean markets. IG will initially acquire 70% of the company, with the option to buy the remaining 30%…

Novastro, a renowned Web3 platform for real-world assets (RWAs), has partnered with Stability World AI, an AI entity merging generative AI and Web3. The collaboration seeks to strengthen the Web3 creators at the intersection of AI and crypto ecosystems. As Novastro’s official social media announcement points out, the development reinforces Web3 innovation with AI-led avatars, NFTs, tokenized digital experiences, and animations. Hence, the partnership is poised to redefine consumer participation and ownership by improving monetization and broadening opportunities. Partnership Announcement @StabilityW_AI joins the Novastro Ecosystem.A generative AI platform built for Web3 creators and communities, Stability enables users to build, train,…

Ethereum price today is trading near $4,518, extending gains after rebounding from the $4,300–$4,370 support zone. Price action now presses against the descending resistance trendline, with bulls eyeing a move toward the $4,584–$4,672 Fibonacci cluster. The question is whether inflows and institutional accumulation can drive a decisive breakout. Ethereum Price Tests Resistance Zone ETH price dynamics (Source: TradingView) The 4-hour chart shows ETH climbing steadily through its EMA cluster, with the 20-, 50-, and 100-period EMAs all flipping supportive near $4,372–$4,399. A push above the 0.5 Fibonacci retracement at $4,584 and the overhead descending trendline would confirm bullish momentum. The…

Former SEC Chair Gary Gensler has broken his silence on how he views the U.S. Securities and Exchange Commission’s (SEC) current direction under Paul Atkins. Speaking in a recent interview with CNBC, Gensler reflected on his own time in office, the reforms he led, and the challenges of regulating the fast-moving world of crypto. Gensler Defends His Record at the SEC Gensler said he remains proud of his work during his tenure, pointing to reforms such as shortening the stock market settlement cycle from two days to one. He argued that this move increased efficiency and that Europe is now…

The cryptocurrency world is always buzzing with activity, and recent on-chain data has highlighted a significant move from the Pendle project. A substantial Pendle Binance deposit has captured the attention of investors and analysts alike, sparking discussions about its potential implications for the PENDLE token and the broader DeFi ecosystem. This isn’t just a routine transfer; it’s a multi-million dollar transaction that warrants a closer look. What Exactly Happened with the Pendle Binance Deposit? Just recently, a multi-signature address associated with the Pendle (PENDLE) project executed a notable transaction. Approximately 1.2 million PENDLE tokens, with an estimated value of $6.44…

Coral Protocol has launched Coral v1, introducing Remote Agents to streamline how developers deploy and coordinate multi-agent systems, as per reports shared with Finbold on September 19. The update provides access to production-ready Remote Agents on demand, designed to reduce infrastructure overhead and speed up deployment. For the first time, developers can rent ready-to-use Remote Agents and combine them with their own local agents in a single session, with activity tracked and optimized in Coral Studio through threads and telemetry. Agent developers can list their Remote Agents in the Coral Registry and receive automatic payouts whenever their agents are used.…

The cryptocurrency world is buzzing once again, as prominent BitMEX co-founder Arthur Hayes has made another notable move. Recent on-chain data reveals an intriguing Arthur Hayes ETH purchase, signaling continued activity from one of the industry’s most influential voices. This development has caught the eye of market observers and sparked discussions about his strategic positioning. What Triggered This Arthur Hayes ETH Purchase? According to data from Arkham, an address associated with Arthur Hayes received a deposit of 110 ETH. This transaction followed a transfer of 500,000 USDC to a Wintermute address. Wintermute is a leading global algorithmic market maker, often…