Author: NBTC

Flagship altcoin Ethereum (ETH) is currently having its best quarter ever, which might come as a surprise considering that the cryptocurrency has been around since 2016. According to data provided by cryptocurrency analytics firm CoinGlass, ETH is currently up by more than 80% during the current quarter. It has substantially outperformed Bitcoin, which has so far added only 10% during the current quarter. As reported by U.Today, Fundstrat’s Tom Lee previously claimed that Bitcoin is having its “Bitcoin 2017 moment.” Outperforming “DeFi summer” The cryptocurrency’s previous best-performing Q3 was logged in 2020. Back then, the cryptocurrency spiked by 59.5%. This…

The NFT market has staged a strong recovery NFTs are staging a comeback, with buyer activity nearly tripling and sales volume rising by 30.09% to $173.2 million. New data from CryptoSlam reveals that NFT buyers and sellers surged, while total transactions declined. This suggests renewed market participation is concentrated in higher-value trades. Ethereum led the pack with an 85% weekly gain—though it also saw wash trading soar 354%. Collections like CryptoPunks and Bored Ape Yacht Club posted eye-catching sales spikes, underscoring how blue-chip NFTs continue to drive the market even in a turbulent crypto backdrop. Read on for more: Summary…

The cryptocurrency world constantly evolves, and companies are finding innovative ways to integrate digital assets into their core operations. A significant development recently emerged as Upexi, a Nasdaq-listed e-commerce company, made a strategic move concerning its Upexi Solana treasury. This involves a pivotal appointment that could redefine its approach to digital asset management. Why is the Arthur Hayes Advisory Significant for Upexi? Upexi announced the formation of an advisory committee for its Solana (SOL) treasury. As a groundbreaking first step, they named Arthur Hayes, the renowned co-founder of the BitMEX crypto exchange, as its inaugural member. This move signals a…

Bitcoin mining profitability increased 2% in July as the price of the world’s largest cryptocurrency rose 7% while the network hashrate jumped 5%, investment bank Jefferies said in a research report on Friday.”We see positive BTC price momentum as most favorable for Galaxy’s (GLXY) digital assets business, while miners fight a rising network hashrate,” analyst Jonathan Petersen wrote. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. It is measured in exahashes per second (EH/s). U.S.-listed mining companies…

ProCap CEO and VC investor Anthony Pompliano (also known within the X financial community as Pomp) has taken to his X account to comment on the just-released inflation report – the Consumer Price Index (CPI). CPI comes in low, Kiyosaki’s gloomy forecast opposed The CPI has come out slightly below the expectations of analysts – 2.7% versus 2.8%. This may indicate that in September the Federal Reserve will finally agree to reduce the interest rate – something many financial experts, traders and even the US president Trump have been longing for recently. Based on this development, Anthony Pompliano addressed the…

The highly anticipated Bullish IPO will take place on Wednesday, Aug. 13, giving investors the opportunity to buy into one of the fastest-growing cryptocurrency exchanges, crypto publishers, and data providers. Summary The Bullish IPO will happen in the NYSE on Aug. 13. The IPO roadshow has been successful and oversubscribed. It is likely that the BLSH stock will surge after the IPO. Bullish IPO to test demand for crypto companies Bullish, a company associated with Peter Thiel, has concluded its roadshow, with its initial public offering set for Wednesday. There are signs that the roadshow has been highly successful, as…

The U.S. Department of Treasury’s Office of Foreign Asset Control sanctioned a Russian crypto exchange on Thursday, according to its statement, a sign some federal authorities are continuing to scrutinize digital asset firms, despite U.S. President Donald Trump’s directives to ease up on the industry. The exchange, Garantex Europe OU, “directly facilitated ransomware actors and other cybercriminals,” processing more than $100 million in transactions tied to illegal activities since 2019, OFAC said Thursday in the statement. The agency added that it is also sanctioning the trading platform’s successor, Grinex, in addition to blacklisting three Garantex executives and six companies linked…

BounceBit, a CeDefi protocol and crypto staking platform, announced a strategic collaboration with Franklin Templeton, an established traditional asset manager issuing tokenized funds on public blockchains. BounceBit runs a multi-asset strategies CeDeFi network that allows people to participate in various investment opportunities and earn yields. On the other hand, Franklin Templeton is recognized as the first conventional asset management firm to tokenize a U.S. money market fund in 2021, laying the foundation for infusing managed real asset yields into the decentralized finance ecosystem. By launching its BB Prime platform on Franklin’s tokenized money market fund, BounceBit provides its institutional clients…

Tensions continue between US President Donald Trump and Fed Chair Jerome Powell over interest rates. Trump frequently insults Powell, accusing him of being late to cut interest rates. Following the inflation figures announced hours ago, Trump made a new post on his Truth Social account and once again stated that Fed Chair Powell should lower interest rates. As the feud between the two continues, Trump also announced that he is considering filing a lawsuit against Powell over the Fed building costs. At this point, Trump has stated that he is considering allowing a major lawsuit against Powell, accusing her of…

Jarett Dunn, a former Pump.fun senior developer, has signed a document affirming his guilt on charges related to draining an estimated $2 million worth of Solana (SOL) from the prominent token launchpad. The formal admission of guilt was made from behind bars in London, after he was imprisoned for breaking bail conditions. The latest twist in the saga comes as Pump.fun has reasserted its dominance over rival token launchpads that recently stole market share. On Wednesday, it accounted for 77% of Solana tokens created via launchpads, per Dune, and generated more than $2.28 million in revenue—a five-month high. Almost exactly…