Author: NBTC

South Korea’s largest crypto exchange, Upbit, carried out a large-scale transfer of 864 billion $SHIB tokens, worth about $4 million, between its addresses. Previously, such a reorganization of Shiba Inu tokens on the exchange would hardly have attracted attention, but the events of last Sunday are forcing market participants to examine such movements much more closely. The sudden wallet activity was recorded in the aftermath of the 36% rally that was entirely driven by strong local demand. This time, according to data from the Arkham platform, the movement of funds between the exchange’s wallets took place in two stages: From…

Bitcoin miners entered one of their longest periods of contraction by July 31, even as shares of several listed operators climbed on expectations for AI target=”_blank” rel=”nofollow”>calculated that mining difficulty had fallen 19.9% from its peak, making the decline the third deepest since application-specific integrated circuits replaced graphics processors as the industry’s main hardware. Bitcoin miner difficulty, source: Bitcoin Magazine Pro Independent network data confirm the broader contraction. Bitcoin’s difficulty fell 0.74% on July 25 to 126.23 trillion after a larger 5% cut on July 11. The current level is about 19% below the record of roughly 156 trillion set…

Bitcoin is still under heavy selling pressure after breaking below a significant rising channel that had been guiding the price action since February, and there seems to be little stopping the asset from dropping lower. The latest rejection from a short-term resistance has accelerated downside momentum once again and is pushing $BTC back toward the key demand zone around $60K. Meanwhile, on-chain data suggest that long-term holders are realizing losses, reflecting a notable shift in market dynamics. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken below the large ascending channel that contained the price…

Ethereum price fell 5% from $1,973 to $1,873 on July 28 after another rejection below $2,000 triggered forced selling and pushed $ETH into a key technical support zone. Ethereum price dropped below $1,900 after buyers failed to break the $1,975–$2,000 resistance zone. Leveraged positions accelerated the decline as $ETH moved through several long-liquidation clusters. $ETH is testing the lower boundary of a rising wedge near $1,870 on the 4-hour chart. The next large concentration of downside liquidity sits around $1,840–$1,850. Ethereum price falls below $1,900 after $2,000 rejection According to data from crypto.news, Ethereum ($ETH) price traded near $1,875 at…

U.S. President Donald Trump’s net worth has increased by 183% since the beginning of his second term, with the vast majority of gains attributed to business ventures launched after he returned to office, according to data shared by Wall Street financier Steve Rattner on X. Wealth Breakdown: New Ventures Dominate Gains Rattner’s chart indicates that roughly 74% of Trump’s second-term wealth increase comes from newly established enterprises, including the cryptocurrencies $WLFI and $TRUMP, Trump Media & Technology Group (parent of Truth Social), and various licensing deals. The remaining 26% stems from appreciation of preexisting assets such as real estate holdings…

Key Takeaways AI intelligence is not limited to biological entities; non-biological beings may also possess consciousness. Humanity often overestimates its uniqueness compared to other forms of intelligence. AI advancements have outpaced expectations, exemplified by a chatbot solving a mathematical conjecture. Superintelligence is anticipated to emerge within the next two decades. AI can independently generate and prove mathematical concepts without external data. Current AI is nearing AGI but still exhibits uneven capabilities across different tasks. The rapid progress in AI is fueled by substantial funding, improved engineering, and a growing talent pool. Chatbots demonstrate a level of understanding that challenges their…

Robinhood’s event-contract revenue increased more than tenfold year on year to $156 million in the second quarter of 2026, making the product its fastest-growing disclosed transaction category. Event contracts generated more revenue than equities and cryptocurrencies during the quarter, although options remained the largest disclosed trading category. Activity also reached a quarterly record, with 13.6 billion event contracts traded through Robinhood’s Prediction Markets Hub, more than ten times the prior-year level. Total net revenue rose 32% year on year to $1.31 billion for the three months ended 30 June. Transaction-based revenue increased 44% to $776 million, with Robinhood identifying event…

Buying the Dip, Every Day El Salvador has once again added to its Strategic Bitcoin Reserve, summing up its strategy in four words, i.e. “Buying the dip, every day.” The latest buy continues a routine that has become a defining feature of President Nayib Bukele’s economic policy. Image source: X The country’s reserve now stands at 7,687 $BTC, valued at more than $510 million, according to recent counts. Bitcoin.com News reported that El Salvador has been treating market weakness as an invitation to add to the national stack, scooping up coins even as bitcoin slid close to $66,000. Between January…

Where the startup differs is that it plans to advise institutions on privacy architecture, build custom infrastructure where needed, and publish open-source research on institutional blockchain adoption. It says it’s not looking to compete with existing privacy projects, but intends to work alongside them, recommending and integrating technologies based on customers’ needs. “We don’t have one specific product, we have several, and we’ll work with the existing privacy ecosystem rather than rebuild the entire privacy stack,” Jalil said. EthSystems started as one of several organizations to emerge from the Ethereum Foundation amid a broader restructuring aimed at distributing responsibilities previously…

USCR crypto, the memecoin tracking portfolio of the official U.S. crypto reserve updates, is showing signs of a recovery attempt after dropping to a two-month low. In May, the memecoin exploded by over 65% from $0.0022 to $0.0036. But it crashed hard in June and extended the losses to 37%. The pullback has eased near the May low of $0.0022. As of writing, the memecoin was green and seemed poised to climb above key short-term moving averages. If bulls succeed in mounting above the moving averages, further upside momentum could be possible with an immediate target at the 50% Fibonacci…