Author: 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.
According to SoSoValue data, remarkable net inflows were recorded in Ethereum and Bitcoin spot ETFs on September 30. Strong Entry into Ethereum and Bitcoin Spot ETFs: BlackRock Takes Leading Position Ethereum spot ETFs saw a total of $127 million in net inflows, while none of the nine listed funds experienced net outflows. The biggest inflow of the day was into BlackRock’s ETHA ETF. ETHA alone attracted $127 million, bringing its historical total net inflow to $13.44 billion. This brings the total net asset value of Ethereum spot ETFs to $27.396 billion, equivalent to 5.41% of Ethereum’s market capitalization. The historical…
A first-of-its-kind study into the factors that influence Ethereum perception and momentum has found that psychology plays just as crucial a role as any other. The results of “Project Mirror,” a deep dive into perceptions of Ethereum commissioned by Optimism and Espresso, were shared by the Ethereum Foundation (EF) on Monday. WE3.co Researchers Valeria Salazar and Jill Gunter found that perception and psychology drive momentum as much as technical and fundamental influences. They found that while Ethereum is known for its technical excellence, it lacks narrative clarity, active market engagement, and builder support — hurting its chances when builders are…
CoinShares, the European digital asset manager with roughly $10 billion under management, said Wednesday it will acquire Financial Conduct Authority-regulated Bastion Asset Management. The financial details of the deal, which is subject to UK regulatory approval, were not disclosed in press materials. The move is intended to deepen CoinShares’ capabilities in actively managed crypto strategies and support its U.S. expansion. London-based Bastion specializes in systematic investment strategies for digital assets. The firm has focused on market neutral and quantitative approaches aimed at institutional clients. Under the agreement, Bastion’s team, including CEO Philip Scott and CIO Fred Desobry, will join CoinShares.…
Ethereum, the second-largest cryptocurrency, recently bounced back after hitting a seven-week low. The altcoin king is trading near key levels, but investors remain cautious as signals from the market appear mixed. While short-term relief has arrived, uncertainty still clouds Ethereum’s trajectory in the coming sessions. Ethereum Needs Stronger Support On-chain data shows new Ethereum addresses are at a two-month low, reflecting weaker network growth. New addresses often indicate the level of market traction, and the decline suggests hesitation among participants. Many investors appear unwilling to commit fresh capital until stronger recovery signs emerge in ETH. The fall in new addresses…
Crypto will be necessary for artificial intelligence-powered agents to operate effectively in the financial market, as the infrastructure for the traditional finance system is outdated, says John D’Agostino, the head of institutional strategy at Coinbase. If AI agents are going to operate on behalf of people, then they need to operate on “true sources of information,” because it would be “disastrous if they didn’t,” D’Agostino told CNBC’s Squawk Box on Tuesday. “Artificial intelligence is infinitely scalable intelligence, and if you think of blockchain, which is the underlying technology for crypto, as an infinitely scalable source of truth, then those two…
Major digital asset firms are stepping up their Ethereum (ETH) exposure as the cryptocurrency rebounds from recent lows. BitMine Immersion Technology has grown its Ethereum treasury to over $11 billion, while Bit Digital plans to raise $100 million to expand its ETH reserves. The moves signal rising institutional confidence in the asset amid a broader market recovery. ETH Bet Drives DAT Firms’ Stock Higher In a recent press release, Bit Digital, the seventh largest corporate holder of ETH, revealed that it plans to raise $100 million through a public offering of convertible senior notes set to mature in 2030. The…
The Fears Have Come True! After 7 Years, the US Government Has Officially Shut Down! How Will Bitcoin (BTC) and Cryptocurrencies Be Affected?
Following the US budget crisis that has been talked about for days, the US federal government has officially shut down. As the 2025 financial year draws to a close, no agreement has been reached on a budget to fund the federal government, the BBC reported. As a result, the US federal government went into shutdown (temporary work stoppage) on the morning of October 1st, after the US Congress definitively rejected the budget deal. Senators rejected the Democratic-backed bill, which included government funding and nearly $1 trillion in health care regulations, while the Republican-backed bill was also put to a vote…
The Bank of Korea has proposed that issuers of won-based stablecoins must deposit reserve assets directly at the central bank. The proposal appeared in documents the bank submitted to the National Assembly’s finance committee on October 1. The government plans to publish its first draft bill on won-pegged stablecoins in October. Policymakers argue that tighter controls will protect users and stop private issuers from exploiting seigniorage-like profits. Bank of Korea Pushes for Stricter Controls According to the South Korean economic daily Herald Economy report and the submission, the BOK said that “if deemed necessary by the central bank, mandatory deposit…
Laos is leveraging its hydropower surplus to explore cryptocurrency mining amid rising national debt. The government seeks to monetize excess electricity, generating foreign currency while diversifying state revenue sources. Monetizing Hydropower Surplus to Service National Debt Laos faces one of the highest debt-to-GDP ratios in Southeast Asia, largely due to large-scale hydropower projects financed through international loans, primarily from China. Dubbed the “Battery of Southeast Asia,” the country produces more electricity than domestic demand and export capacity can absorb. Peak rainy seasons exacerbate the surplus, leaving the state utility, Électricité du Laos (EDL), with underutilized energy. In response, the Ministry…
Ethereum price today is trading at $4,202, recovering from last week’s dip into the $4,120–$4,150 support band. Sellers failed to push price below the 200-day EMA at $3,874, while buyers are now testing resistance at the 20-day EMA near $4,263. The key question is whether ETH can reclaim higher ground and trigger a short squeeze above $4,359. Ethereum Price Holds Support But Faces Compression ETH Key Technical Levels (Source: TradingView) The daily chart shows ETH caught inside a descending structure since July, capped by lower highs near $4,600. Support has been established around $4,120, where the 100-day EMA converges with…