Author: NBTC

Non-fungible token collection Moonbirds has been one of the digital collectible market’s standout performers over the last quarter. The collection crossed the 3 ETH threshold this morning after a tweet from Mike Dudas, a crypto investor and co-founder of The Block, said that holders can expect a “token soon.” The collection, which was originally launched by Kevin Rose in the Proof ecosystem in 2021, has a colorful past, perhaps best represented by its floor price volatility — the price of a Moonbirds NFT reached 40 ETH shortly after its mint in 2022, and fell as low as 0.5 ETH earlier…

Ether (ETH) jumped to $4,200 on Binance early Saturday, its highest since December 2021, after a two-day rally fueled by heavy trading and $207 million in short liquidations. The move followed Friday’s breakout above $4,000 for the first time since December 2024, a technical milestone that drew in fresh buying and set the stage for Saturday’s push higher. Miles Deutscher said these forced buybacks helped accelerate the rally. In an earlier post, he described an “on-chain wealth effect”: as ETH’s price rises, both large holders and retail investors see their positions turn profitable, prompting them to reallocate capital into smaller,…

Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. South Korea advances stablecoin regulation through competing parliamentary bills, Interactive Brokers explores customer stablecoin services, China’s money supply surge signals inflation risks, and PayPal revolutionizes cross-border payments with comprehensive crypto integration. Korea’s Stablecoin Legislative Race Heats Up South Korea’s parliament witnessed competing stablecoin bills accelerating regulatory momentum. Democratic Party’s Ahn Do-geol proposed comprehensive legislation requiring 5 billion won issuer capital. His bill emphasizes monetary-foreign exchange characteristics through inter-agency coordination. The framework establishes collaborative…

The crypto world is buzzing with anticipation as Binance Wallet prepares to host a significant event: the Cherry AI TGE. This isn’t just another token launch; it marks the 33rd Token Generation Event facilitated by Binance Wallet, underscoring its pivotal role in the decentralized finance (DeFi) ecosystem. Set for August 14, this event introduces Cherry AI (AIBOT) to the broader market via PancakeSwap, a leading decentralized exchange. For enthusiasts and investors alike, understanding the implications of this AIBOT token launch is crucial. What is the Cherry AI TGE All About? A Token Generation Event (TGE) is essentially the public debut…

MARA Holdings (MARA) is making a surprise pivot from its bitcoin mining roots, announcing late Monday that it will acquire a 64% stake in Exaion, a high-performance computing (HPC) subsidiary of French energy giant EDF, broker H.C. Wainwright said in a research report Tuesday.While MARA has long floated the idea of helping power companies balance grid loads, H.C. Wainwright analyst Kevin Dede said he expected that to remain within a mining-centric strategy, not a direct plunge into HPC buildouts. But with bitcoin halving events looming in 2028 and 2032, and artificial intelligence (AI) demand driving premium returns on compute power,…

The Avalanche Foundation and Helika, a leading provider of technical and creative solutions for the video games industry, have officially launched their joint video game accelerator program and opened applications for the first cohort. The newly announced strategic partnership is designed to engage both Web3-native studios and traditional game developers exploring blockchain integration. The accelerator aims to identify and support the next generation of studios building at the frontier of blockchain-based gaming. The program is focused on product interaction and is designed to discover, support, and fast-track promising studios and projects building on the Avalanche blockchain. It will provide selected…

Ethereum price today is trading around $4,177 after a strong bullish run that has seen the asset climb from $3,520 earlier this month. The move has been supported by rising spot inflows and a decisive break from recent consolidation, signaling that buyers are firmly in control. Market participants are now watching the $4,200–$4,220 zone, a historically significant resistance area that could determine whether ETH continues its rally or pauses for consolidation. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour chart, Ethereum price action shows a clean breakout from an ascending channel that began near $3,520.…

Ethereum investment products saw $1.59 billion in inflows last week. This was the second-largest weekly total on record as it led all digital assets in fund attraction. The broader digital asset market logged $1.9 billion in total inflows for the week, extending its positive run to 15 straight weeks. Month-to-date flows reached $11.2 billion, which was well above the $7.6 billion seen post-US election in December 2024. Is Altcoin Season Finally Here? According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Ethereum investment products have seen $7.79 billion in inflows so far this year, surpassing the…

South Korea is pushing forward to revive its cryptocurrency market, presenting an exchange-traded funds (ETF) roadmap and stablecoin plans. In the major development, the country intends to move away from its past crypto policies and enter into a new era. According to reports, South Korea intends to bring spot crypto ETFs and stablecoin into the heart of its financial system, releasing a proposal to that effect this week. The proposal, submitted by the country’s top regulator, the Financial Services Commission (FSC), will see the government lay out detailed plans to regulate crypto investment products in the market before the end…

Malaysia to innovate traditional finance by allowing XRP and Bitcoin payment tools. The bank stated it is crucial to overcome barriers in crypto space before using it as national payment tool. Malaysia’s central bank, officially known as Bank Negara Malaysia (BNM), published a working paper that explores the possibility of Bitcoin and XRP serving as future monetary alternatives. Is Malaysia Allowing XRP & Bitcoin As Payment? As the world is currently pushing toward a pro-crypto stance, the Southeast Asian country, Malaysia, also took the initiative to shape its traditional infrastructure. The country is planning to innovate the traditional banking system…