Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Blockchain

Citadel Wallet unveils Suiball, a hardware wallet built for the Sui blockchain

By NBTC03/10/2025

Citadel Wallet has unveiled Suiball, the first hardware wallet designed specifically for the Sui blockchain. Summary Suiball uses clear signing to display all transaction details in a human-readable format, reducing the risks of blind signing. The wallet supports native Sui assets such as WAL, DEEP, NS, and NFTs, and integrates with DeFi platforms including Suilend, Bluefin, Cetus, and Ika. Suiball provides native Bitcoin support and will expand in the future to include gaming and payment applications. Citadel Wallet, a leading developer of crypto hardware solutions, has unveiled Suiball, the first hardware wallet built specifically for the Sui (SUI) blockchain. Announced…

Blockchain

Lighter opens public mainnet with Ethereum-settled zk perps

By NBTC03/10/2025

The perpetuals race has a new entrant in open beta. Lighter has opened its public mainnet after roughly eight months in private testing, positioning itself as an Ethereum-settled alternative to the current leaders. Under the hood, Lighter is a zk-rollup purpose-built for perps. A centralized sequencer batches orders, but state transitions — price-time-priority matching, liquidations, funding and risk checks — are verified by custom zero-knowledge circuits. Ethereum smart contracts custody user funds, track the canonical state root, and advance state only after a proof verifies on L1. If the sequencer stalls or censors, users can submit priority operations on-chain or…

Blockchain

Ripple CTO Addresses Speculation on Web Monetization Platform Coil: Details

By NBTC03/10/2025

Ripple CTO David Schwartz recently announced he was stepping back from his role as Ripple's chief technology officer, sparking reactions from the XRP and broader crypto community. An X user, in reaction to Schwartz's announcement of his resignation, pleaded with the Ripple CTO to "kindly continue working on Coil." Kindly continue working on "coil" Its still part of something great ~Sats Naka https://t.co/mIRlxTdfpn — Unbearable Guy 321 (@Petrol_Holic_KE) October 2, 2025 Coil is a platform that provides an alternative method for creators to monetize their content online. As subscribed fans consume content, the platform utilized an open API called Web…

Ethereum

$178M Liquidated as ETH Drops Below $4,000 — Whales Scoop up Millions

By NBTC03/10/2025

Ethereum dips below $4,000 amid market turbulence, triggering major liquidations and whale buying activity. Bulls See the Dip as a Buying Opportunity Ethereum ( ETH) dipped below the $4,000 mark for the first time in over a month, as bearish sentiment continued to ripple through the broader crypto market. According to Bitstamp data, ETH fell to $3,967 (Sept. 24, 10:45 p.m. EST) before rebounding slightly to close just above $4,000, marking a 24-hour loss of 4.4%. This retreat pushed ETH’s seven-day losses to 12.5%, positioning it among the worst-performing high-cap altcoins. Since peaking above $4,750 on Sept. 13, ETH has…

Ethereum

Ethereum price dips below $4K as spot ETH ETFs see net outflow for 3rd straight day

By NBTC03/10/2025

Under pressure from exchange-traded fund outflows and macro headwinds, Ethereum fell below the $4,000 mark for the first time since early August. Summary Ethereum price drops below $4K for first time since August. Spot ETH ETFs see $79.4M outflow for third straight day. Whales accumulate $862M in ETH, hinting at possible rebound. Ethereum was trading at $3,988 at press time, down roughly 4% from the previous day. The asset has retreated 13% in the past week, is down 10% over the past month, and sits 19% below its all-time high of $4,946 set on Aug. 24. The drop forced more…

Ethereum

Ethereum extends dip, attacking long positions accumulated under $4,000

By NBTC03/10/2025

Ethereum (ETH) extended its drawdown, this time attacking long positions accumulated under $4,000. The token broke down below support levels, fulfilling previous predictions for revisiting the $3,900 range. Ethereum dipped under the $4,000 level after breaking previous support levels. The slide occurred during a general market drawdown, where BTC dipped to the $111,000 range. The recent dip was once again caused by derivative trading, wiping out long liquidity. In the past 24 hours, ETH saw over $71M in long liquidations, with over $36M happening on Bybit. The recent ETH drawdown happened despite recent signs of accumulation and growing staking. Derivative…

Legal

Trump to Hold Emergency Meeting Tomorrow – Here’s What You Need to Know

By NBTC03/10/2025

US President Donald Trump reacted strongly to a federal appeals court ruling that found many tariffs illegal. The Trump administration plans to appeal the decision to the Supreme Court to have it overturned. Last week, the court ruled in a 7-4 decision that Trump's global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), enacted in the 1970s, were excessive. The court postponed the ruling until October 14, giving the White House time to appeal. Trump, in a statement on social media, said, “Without tariffs and the TRILLIONS of dollars we collect, our country would be destroyed, our military…

Ethereum

Ethereum Price Retreats to 7-Week Low as Whales Balance Buying and Selling

By NBTC02/10/2025

Ethereum (ETH) fell below $4,000 in early Asian trading today, hitting a nearly seven-week low. The sharp decline triggered notable liquidations, further denting traders’ portfolios. Furthermore, in September, the second-largest cryptocurrency has displayed heightened volatility, with whale activity split between aggressive buying and selling. Ethereum Price Drops Below $4,000 BeInCrypto Markets data showed that the altcoin reached a low of $3,965—its weakest level since early August. This drop came amid a broader downtrend that has dragged the asset down 12.4% over the past week. By midday, the price had partially recovered to $4,032, reflecting a 2.93% daily decline. Ethereum (ETH)…

NFT

NFTStrategy Ecosystem Surpasses $200 Million Market Cap

By NBTC02/10/2025

The NFTStrategy ecosystem of NFT-linked tokens has reached a $202 million market capitalization and $10.7 million in daily trading volume. Data from Dexscreener shows PunkStrategy (PUNKSTR) leading at $152 million following a 37% increase over the past 24 hours. PudgyStrategy (PUDGYSTR) followed with a 45% gain to $11.25 million. The momentum also spilled over into the other tokens with ApeStrategy (APESTR) rising 29% to $8.3 million and ToadzStrategy ($TOADSTR) advancing 20% to $3.7 million. PNKSTR Chart All eight TokenWorks NFTStrategy tokens were listed on OpenSea on Sept. 30. The launch was accompanied by a 20 ETH reward pool distributed across…

Ethereum

Ethereum wallets accumulate 296,000K ETH as price tests $4,000 level

By NBTC02/10/2025

Eleven Ethereum wallets accumulated nearly 296,000 Ether, valued at $1.19 billion on Wednesday, in some of the largest single-day on-chain transfers this year. According to blockchain analytics firm Lookonchain, the buying spree came from five exchanges, on the backdrop of price slumps and heavy liquidations in the broader crypto market. Lookonchain reported that the wallets received funds from Kraken, Galaxy Digital OTC, BitGo, and FalconX. The largest single inflow was 41,039 ETH, worth roughly $165 million, sent from FalconX to one address. Whale wallets buy ETH as price correction wipes out weekly gains According to chart data from Arkham Intelligence,…