Author: NBTC

The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on Friday. According to a Wednesday report by local news outlet Radio Television Hong Kong, the HKMA will introduce a six-month transitional arrangement as the new stablecoin framework becomes active. The provisional rules also include the issuance of temporary licenses to issuers capable of complying with regulatory requirements. However, if a Hong Kong stablecoin issuer fails to comply with the new rules within three months, they will be required to wind…

Bitcoin mining profits reached their highest monthly level since the last halving in 2024 in July. JP Morgan analysts examined this intriguing data in a note. According to the report, miners earned an average of $57,400 per EH/s (exahash/second) in daily block rewards. “July was another strong month for Bitcoin miners. Mining profitability reached its highest level since the last halving (April 2024), and ten of the thirteen miners we track outperformed the BTC price increase by 8%,” analysts Reginald L. Smith and Charles Pearce wrote. Bitcoin reached a record high of $122,838 in July, capping a relatively steady rally…

MistTrack, a multi-chain leading platform for crypto tracking and analytics, has expanded its reach by supporting a total of 18 blockchain networks. HashKey is the latest addition to this list, which is a rapidly growing ecosystem, focusing on stablecoins and real-world assets (RWA). 🚀We’re excited to announce that MistTrack now supports 18 blockchain networks, with the latest addition being @HSKChain!🔍Effortlessly track and analyze funds on HashKey Chain, including its thriving #stablecoin and #RWA ecosystem — all with MistTrack.🕵️We’ll continue… pic.twitter.com/DkSeBhrSzb — MistTrack🕵️ (@MistTrack_io) July 31, 2025 Through this milestone, MistTrack aims to cement its reputation in the evolving landscape of…

Bitcoin rose past $120,000 for the first time on record, taking the year-to-date gain to 28%. BTC is currently trading above $121,000 as of midday Hong Kong time, according to CoinDesk market data. The move follows President Donald Trump’s decision to impose a 30% tariff on the EU and Mexico, starting Aug. 1, and marks a bullish resolution to roughly 48 hours of choppy price action that allowed overbought signals from short-duration indicators to reset to bullish. The focus now shifts to the U.S. inflation data due this week, which is expected to show the cost of living ticked up…

A popular pseudonymous crypto analyst on X known as “Wolf has outlined a bullish roadmap for ether, predicting the second-largest cryptocurrency could hit $13,000 as early as the fourth quarter. While $13,000 is his optimistic scenario, Wolf’s conservative target still places ETH above $8,000 — more than double its current level. In a chart-based post shared Friday, Wolf said he expects ether to continue rising sharply after reaching new all-time highs, though he warned of a 20%–25% correction following that breakout. He characterized this pullback as a “final shakeout” before a longer-term rally resumes. Supporting the bullish outlook, institutional activity…

The world of digital assets is a whirlwind of innovation, constantly evolving at a pace that often leaves traditional legal frameworks scrambling to catch up. For the United Kingdom, a nation with a rich history of financial leadership, navigating this dynamic landscape and fostering innovation while ensuring stability in the burgeoning crypto sector is paramount. This is precisely where the recent relaunch of the All-Party Parliamentary Group (APPG) for Crypto and Digital Assets steps in, signaling a renewed, proactive commitment to establishing vital UK crypto regulation and clarity. This move is not just a bureaucratic formality; it’s a significant step…

Bitcoin’s mining difficulty surged to an all-time high of 127.6 trillion in August 2025. The move reflects a continued expansion of global computational power, securing the network. However, despite the increased technical challenge, miner profitability is quietly climbing, a rare dynamic analysts say could signal a new phase in the Bitcoin (BTC) market cycle. Bitcoin Mining Difficulty Hits Record High The next mining difficulty adjustment, expected on August 9, is projected to lower the metric slightly to around 124.71 trillion. Bitcoin Mining Difficulty. Source: Coinwarz This adjustment aims to bring the average block time back to the 10-minute target, down…

Ice Open Network (ION), a cutting-edge L1 blockchain network, has announced its latest collaboration with CoreNet Coin. The partnership aims to advance the accessibility of the decentralized AI ecosystem for creators. As per ION’s social media announcement, the development focuses on strengthening the creator-led digital decentralized network. In this respect, the mutual effort offers a wide range of exclusive AI tools to bolster creator experience. 🤝 We’re excited to welcome @CoreNet_Coin to the Online+ and Ice Open Network ecosystem.CoreNet is reimagining how we access AI—no logins, no subscriptions, no centralized control. Just a wallet, and you’re in.With CoreNet’s decentralized protocol,…

Bitcoin is continuing its ascent into unexplored territory as a set of macroeconomic and fiscal policies converge.  The largest crypto by market cap swelled to a record $121,800 on Sunday and is on track to set a new high in the early Asian session on Monday. Singapore firm QCP Capital attributed the milestone to “both exuberance and structural strength” in its latest market note. Two forces dominate the macroeconomic landscape—President Donald Trump’s Tariffs and the U.S.’s dominant fiscal position.  QCP called it “just-in-case financing” as global supply chains continue frontloading imports and production ahead of anticipated U.S. tariffs. This has…

The recovery in cryptocurrencies over the weekend revived the upward trend in the market and breathed new life into the bulls. As interest in Ethereum increases, price expectations also rise. At this point, Ethereum (ETH) has come into focus as activity in the options market suggests an explosive end to the year. Accordingly, investors have set a price target of $6,000 for Ethereum by the end of 2025 and are increasingly confident in it. Speaking to Decrypt, Nick Forster, founder of options platform Derive, stated that the main driver of the positive sentiment in the market is the stabilization of…