Author: NBTC

Bitcoin’s recent price action has continued its upward trajectory, with the asset trading as high as above the $120,000 price mark in the past 24 hours. The move suggests persistent bullish momentum following a period of sharp decline earlier this week. As the price inches closer to its all-time high, on-chain data is starting to paint a picture of solid transactional support behind the price movement. In particular, analysts have begun highlighting a divergence between Bitcoin’s market value and its underlying network activity. One such observation comes from CryptoQuant analyst Sunflowr Quant, who shared insights in a recent QuickTake post…

As traditional finance (TradFi) eyes the crypto lending market, community members explained how decentralized finance (DeFi) lending protocols can compete with what mainstream financial institutions bring to the table. On Tuesday, JPMorgan Chase, the largest bank in the United States, was reported to be exploring lending directly against crypto assets like Bitcoin (BTC) and Ether (ETH), according to the Financial Times. An unidentified source said the bank may launch the offering as soon as 2026, though the plan is still in its early stages. With a major TradFi player eyeing the crypto lending market, the pressure on DeFi lenders to…

The recent Ethereum (ETH) rally turned into a withdrawal rush for Lido DAO and a price slide for wrapped stETH. The protocol saw a peak level of unprocessed withdrawals, while wstETH fell from its recent highs. The recent Ethereum (ETH) rally was favorable for some DeFi protocols. In the case of Lido DAO, the ETH rally caused a drive to withdraw the tokens from liquid staking. The spike in withdrawals arrived after ETH rallied above $3,800 for the first time in months. Later, ETH sank to $3,692.72 as the overall market rally paused for consolidation. A total of 228,992 ETH…

US President Donald Trump plans to fire Fed Chair Jerome Powell soon, according to a senior White House official. It was also learned that Trump brought up this possibility in his meeting with Republican members of Congress last night. While the majority of lawmakers attending the meeting supported this move, the official noted that Trump hasn’t made a final decision yet and could change his mind. Trump, who has long been critical of Powell over the Fed’s decision to keep interest rates steady, has reportedly launched a search for a replacement. Powell’s term would normally run until May 2026. This…

Shiba Inu has failed to attract the interest of any mainstream asset manager for ETF applications despite being the second-largest meme coin in the market. Notably, Shiba Inu secures this spot with a market cap of over $9 billion, much larger than the rest of the assets below it. Yet, no asset manager has filed for a Shiba Inu ETF. This has triggered concerns, especially as the smaller meme coins continue to secure ETF filings. Shiba Inu Lacks ETF Interest Despite Current Position Since January 2025, asset managers have rushed to file ETF applications tied to meme coins. Dogecoin (DOGE)…

Companies looking to issue stablecoins should rein in their enthusiasm, especially when their main business is unrelated to digital assets, Hong Kong Monetary Authority (HKMA) CEO Eddie Yue, wrote in a blog post on the central bank’s website. Some companies that don’t have a business that is related to stablecoins — tokens whose value is pegged to other assets such as fiat currencies — or digital assets have announced their intention to develop a stablecoin business. As a result, “stock prices have risen, stock trading volume has increased, and the company’s reputation has also been greatly improved,” Yue said in…

In a significant development for cryptocurrency investors, South Korean crypto exchange Upbit recently announced a crucial decision impacting holders of Horizen (ZEN) tokens. The platform has officially suspended ZEN withdrawals, citing the termination of the Horizen network as the primary reason, rendering transaction processing unavailable. This news has understandably sent ripples through the community, prompting questions about the future of Horizen and the safety of digital assets on centralized exchanges. Understanding the Impact of Suspended ZEN Withdrawals When a major exchange like Upbit halts withdrawals for a specific asset, it’s a serious event. For users holding Horizen (ZEN) on Upbit,…

Bitcoin’s cryptographic security is under serious threat with the rise of quantum computers. Casa CTO Jameson Lopp and five developers have proposed a new defensive shield for the BTC network to counter this threat. The new Bitcoin Improvement Proposal (BIP), presented in San Francisco, aims to create a post-quantum address security system. Its most notable proposal: freezing the approximately 1 million Bitcoins believed to belong to Satoshi Nakamoto, which have been dormant for years. Experts say that with the development of quantum computers, methods like Shor’s algorithm could reverse-engineer private keys once sufficient processing power is available. According to Deloitte…

AILayer is excited to announce its groundbreaking collaboration with DotSwap to revolutionize the future of decentralized finance (DeFi). This partnership represents a remarkable step forward to infuse artificial intelligence (AI) with the next-generation protocols of blockchain. This initiative aims to redefine the interaction of users with Bitcoin DeFi. 🤝 #AILayer is excited to announce a partnership with @dot_swap!DotSwap is the next evolution of decentralized trading — a one-stop DeFi hub for all Bitcoin-native assets: Runes, BRC-20, ARC20, and CAT20.Together, we’re unlocking the future of AI-powered Bitcoin DeFi. 🚀… pic.twitter.com/6C3ILUAE5F — AILayer (@AILayerXYZ) July 23, 2025 AILayer, an AI infrastructure for…

Ethereum may have just temporarily halted its ambitious ascent to the $5,000 mark. The second-largest cryptocurrency has shown signs of a sharp reversal candle on the daily chart following weeks of unbroken growth, which has sparked worries that the momentum driving its parabolic rise may finally be waning. Overheated technicals, such as an RSI well above 80 – which is usually a sign that the asset is substantially overbought – are in line with the most recent rejection at about $3,800. As a classic indicator of waning bullish conviction, volume, which had been increasing steadily throughout the breakout, has also…