Author: NBTC

Zerohash secures $104M in Series D, valuing the crypto startup at $1B. Interactive Brokers leads raise; Apollo and other strategic investors join. Zerohash expands crypto trading, stablecoins, and tokenization services. Crypto infrastructure startup Zerohash has secured $104 million in fresh funding, drawing support from some of the world’s most prominent financial institutions, including Morgan Stanley and SoFi. The Series D round, led by global automated trading firm Interactive Brokers, values the Chicago-based company at $1 billion, according to founder and CEO Edward Woodford in an interview with CNBC. Interactive Brokers leads round with strategic investors The latest funding round underscores…

South Korea-based cryptocurrency exchange Upbit has announced a new listing. The exchange will begin supporting the Yield Guild Games (YGG) token in KRW and USDT trading pairs. Upbit to List Yield Guild Games (YGG) Token on KRW and USDT Markets YGG transactions will open on the Ethereum network at 2:30 PM on October 15, 2025. Upbit cautioned investors to complete network verification before trading. Deposits and withdrawals made outside the specified network (YGG–Ethereum) will not be supported. The exchange will implement temporary trading restrictions for investor protection during the listing. Buy orders will be limited for the first five minutes…

Following last week’s macro-driven liquidation cascade, Ethereum has stabilized and is showing early signs of structural recovery. Despite the sharp selloff that swept through the crypto market, ETH has successfully defended a major demand zone and is now attempting to reclaim critical levels that will determine whether this rebound evolves into a full continuation or remains a temporary relief rally. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum rebounded strongly from the $3.4K demand zone, which aligns with the 200-day moving average and the lower boundary of the ascending channel that has guided the price since…

The Fed cut interest rates by 25 basis points last week, in line with expectations. Expectations for a further rate cut are diminishing due to inflation concerns. While FED members have different opinions on interest rate cuts, two FED members made warm statements. Accordingly, Fed Vice Chair for Supervision Michelle Bowman stated that it is time to take decisive steps regarding interest rate cuts. Speaking at the Kentucky Bankers Association Annual Convention, Bowman also expressed concern that the central bank was responding too slowly to the weakening labor market. Bowman said the Fed may be slow to support the labor…

Over-the-counter (OTC) desks played a crucial role in stabilizing trading during the recent crypto market crash by acting as shock absorbers that contained volatility and limited broader systemic risks, according to a note from Finery Markets, a leading crypto ECN and trading SaaS provider ranked among the top 30 digital asset firms globally. On Friday, bitcoin BTC$112,461.31, the leading cryptocurrency by market value, plunged from around $122,000 to $103,000, with most of the losses occurring in the late hours. The broader market wilted, marked massive losses in alternative cryptocurrencies and volatility in otherwise stable cryptocurrencies such as Ethena’s synthetic dollar…

Market Recap & Chart Read $Ethereum daily chart shows a classic shakeout-and-reclaim: The selloff knifed through mid-range support, tagging the $3,840–$3,500 demand zone (multiple green arrows), then reversed hard. Price has reclaimed the $4,000 handle and is pressing into the $4,350 area, which aligns with the 50-day SMA (~$4,354) and prior horizontal resistance (~$4,356–$4,357). Candles show long lower wicks on the lows, hinting at aggressive dip buying. Momentum now hinges on whether bulls can convert $4,350 into support. ETH/USD 1-day chart – TradingView Key levels from the chart Resistance: $4,350–4,360 (50D SMA & prior horizontal), $4,500, $4,800, $5,000 (psychological). Support:…

U.S. stocks remained near record highs on Tuesday but saw a largely muted opening as the previous session’s spike cooled amid gold’s surge to a new all-time high. Summary Dow Jones Industrial Average opened higher, but stocks were largely muted in early trading Tuesday. Gold surged to new highs above $3,800, with investor sentiment upbeat ahead of Federal Reserve chair Jerome Powell’s speech. The Dow Jones Industrial Average opened higher and added nearly 200 points, while the S&P 500 and the tech-heavy Nasdaq Composite both showed subdued action at the open. A cooldown for the primary gauges followed an explosive…

Ripple is extending its institutional custody infrastructure to Africa through a new partnership with Absa Bank, one of South Africa’s largest financial institutions. The deal makes Absa Ripple’s first major custody client on the continent and reflects growing institutional interest in tokenized assets across emerging markets. Absa will use Ripple’s digital asset custody technology to store and manage cryptocurrencies and tokenized assets for its clients, per a release. The integration will allow the bank to offer secure, compliant custody infrastructure at a time when regulatory clarity around digital assets in Africa is improving. The move follows a broader strategy by…

Ethereum (ETH) has moved back above key support after a brief breakdown, with the asset recovering toward $4,150. The move comes after a 24-hour gain of over 8%, though ETH remains down more than 8% over the past week. Pattern Repeats After False Breakdown A chart shared by Trader Tardigrade outlines a recurring price pattern: a false breakdown, followed by a reclaim of support, and then a rally. $ETH/daily#Ethereum has reclaimed above the previous low, which was marked as a support, after a false breakdown. It’s following this pattern:🔴 False breakdown🟡 Reclaim🟢 Rally We might see a Rally moving above…

Safello AB, the subsidiary of Safello — the leading cryptocurrency exchange in the Nordics with over 410,000 users — has been authorized by the Swedish Financial Supervisory Authority (Finansinspektionen) as a crypto-asset service provider under the EU’s Markets in Crypto-Assets regulation (MiCA). The authorization, following Safello’s April application, covers a full suite of crypto asset services: transfer services, custody and administration, execution and reception/transmission of orders, and exchanges of crypto-assets for funds and for other crypto-assets. MiCA, fully in force since December 2024, harmonizes EU rules to strengthen consumer and investor protection, market integrity and financial stability; authorised entities must…