Author: NBTC

Key takeaways: Top traders boosted their Bitcoin long-to-short ratios, strengthening the $76,000 support floor. Macroeconomic pressures and persistent Bitcoin ETF outflows are capping immediate Bitcoin breakout potential to $82,000. Bitcoin ($BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum after a disappointing outlook from US retailer Walmart and growing signs of a more restrictive US monetary policy. Despite weakening macroeconomic conditions, professional Bitcoin traders increased their bullish exposure. Is a rally to $82,000 the next step? Top traders’ Bitcoin long-to-short position at Binance & OKX. Source: CoinGlass Top traders’ long-to-short ratio jumped to its highest level…

Tom Lehman, co-founder of the Layer 2 scaling solution Facet, has formally proposed the inclusion of EIP-8182 in Ethereum’s upcoming Hegota upgrade. The proposal, first reported by The Block, introduces a privacy transfer feature designed to enable confidential transactions of $ETH and ERC-20 tokens directly on Ethereum’s base layer. How EIP-8182 Aims to Enhance On-Chain Privacy EIP-8182 leverages a UTXO-based structure combined with Groth16 zero-knowledge proofs to facilitate private transfers. According to Lehman, the feature is engineered to operate without admin keys, proxy contracts, or pause functions — a design choice intended to minimize centralization risks and potential points of…

National trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and other firms. Bitgo CEO Mike Belshe countered that fiduciary custody separates client property from lending risks. Key Takeaways: Senator Warren’s scrutiny over OCC trust charters intensified as crypto custody regulation drew broader attention. Crypto custody protections remained central as Belshe said client assets stay segregated from lending activity. Belshe argued that trust banks and fractional reserve banks should be classified under clearer terminology. OCC Charter Fight Puts Digital Asset Custody Under Scrutiny The…

Two newly created Solana ($SOL) wallets, both less than 24 hours old, have collectively accumulated approximately $9.67 million worth of the cryptocurrency, according to blockchain tracking firm Onchain Lens. The rapid accumulation has drawn attention from market observers monitoring large wallet activity on the Solana network. Details of the Accumulation Onchain Lens identified one wallet address beginning with 8qBMv that received 88,004 $SOL, valued at roughly $7.56 million, from the institutional trading platform FalconX. The funds were subsequently transferred to another address. A second wallet, starting with ECgwn, withdrew 24,560 $SOL (approximately $2.11 million) from the Binance exchange and later…

The U.K.’s ambitions to become a dominant global digital asset hub is running into a wall of political inertia and regulatory gridlock, Jonny Fry, a blockchain and global banking researcher, founder of Digital Bites and CEO at TeamBlockchain Ltd., told CoinDesk. Despite outward assurances of progress from the Financial Conduct Authority (FCA), industry insiders suggest that nagging bureaucratic barriers and legislative friction behind closed doors are severely delaying the implementation of a unified crypto framework. The slow progress is creating rising concern that Britain is conceding critical economic ground to regimes in Washington and Brussels. Fry said the U.K. should…

TeraWulf (WULF) surged 13% early Tuesday as the company unveiled plans for a new large-scale AI and high-performance computing (HPC) campus in Kentucky. The company said it acquired a hyperscale development site capable of supporting more than 1 gigawatt of AI and HPC infrastructure over time. The so-called Muskie Data Campus is expected to deliver an initial 500 megawatts starting in the second half of 2028, with another 500 megawatts targeted by 2030. The firm said the Kentucky project underscores how access to electricity and transmission infrastructure has become one of the key battlegrounds in the AI boom. “The defining…

Decentralized prediction landscape is on the rise, and Eventra Market, a Web-based prediction market platform, today entered into a strategic partnership with Presens Network, a DEPIN ecosystem, to make it more accessible, affordable, and secure. This collaboration enabled Eventra Market to combine with Presens Network, an integration that aims to enable its prediction market platform to meet its existing computational demand using Presens’ DEPIN infrastructure. Eventra Market is a decentralized prediction market that allows users to bet on the future of real-world events like crypto, politics, sports, economics, cultural changes, and many others, and profit from their knowledge. The platform…

The chance of Bitcoin ($BTC) falling below $60,000 is “extremely slim,” according to data showing that $BTC long-term holders increased their holdings to 71.6% of the total supply. In addition to this data, a key technical signal turned bullish for the first time since February. $BTC price may avoid fresh new lows, says analyst Crypto analyst Sykodelic said the possibility of Bitcoin revisiting fresh lows has “become extremely slim” after the weekly relative strength index (RS) retested the 50 level. Historically, Bitcoin has entered long-term expansion phases after the RSI recovered above that threshold following an oversold position. $BTC/USD, one-week…

Ethereum traded within a descending channel after its uptrend stalled at $2.3k two weeks ago. During this decline, the altcoin dropped to $2,009 before rebounding slightly. At press time, Ethereum [$ETH] traded at $2,106 after falling 0.62% over the past day. With $ETH hovering near $2k, whale activity reflected growing bearish sentiment. Why are whales turning bearish? Onchain Lens reported that a whale sold 15,000 $ETH for $31.12 million. This whale has been aggressively selling over the past day. Over this period, the whale has offloaded 35,000 $ETH for $72.3 million at an average price of $2,066 per $ETH. When…

AI Financial, formerly known as Alt5 Sigma, wants the market to know that it’s more than just its token holdings, and calling it a $WLFI treasury company isn’t the right way to describe it. “AiFi continues to operate an active fintech and digital payments business while executing on a broader long-term strategy across digital assets, settlement infrastructure, tokenization, and next-generation financial technologies,” a company spokesperson told CoinDesk in an email. “Characterizing the company solely as a ‘treasury company’ does not accurately reflect the breadth of AiFi’s operating business.” AI Financial operates ALT5 Pay, its crypto payments platform, and ALT5 Prime,…