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.

How Low Can ETH Go if $4K Support Is Permanently Lost?

EthereumOct 2

Ethereum has been under pressure recently after a strong rally that took the price to nearly $5K. While the uptrend remains intact on the higher timeframe, the recent rejection and sharp pullback have raised concerns about a deeper correction. This price action has led to a change in market tone, with traders closely watching key support zones to determine whether this is just a dip or the start of a broader trend shift. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH had been climbing inside a clean ascending channel since April, making higher highs and higher…

Justin Sun’s Bold $20M Bet on Undervalued Equities

RegulationOct 2

The cryptocurrency world is buzzing with news of Tron founder Justin Sun’s latest move: a significant plan to invest $20 million in what he believes are undervalued US crypto stocks. This bold declaration has sent ripples across the market, signaling a strong vote of confidence from a prominent industry figure. Investors are now keenly watching to understand the potential implications of such a substantial investment in crypto-themed equities. What’s Driving Justin Sun’s Confidence in US Crypto Stocks? Justin Sun, known for his strategic investments and entrepreneurial spirit, firmly believes that US crypto stocks are currently trading below their true value.…

Bitcoin Miners’ Revenue Fell 4.23% in September as Difficulty Hike Nears

MiningOct 2

Bitcoin miners had a modest September slump, watching revenue shrink 4.23%—that’s $69 million gone compared to August’s haul. September Slide for Bitcoin Mining Revenue At the time of publication, hashrateindex.com data shows the spot valuation of one petahash per second (PH/s) of SHA256 hashrate stands at $52.10—a modest decline from the $53.15 figure documented on Sept. 1. September wasn’t exactly golden for bitcoin miners—revenue slipped by $69 million from August, landing at $1.564 billion. Nearly all of it ($1.550 billion) came from good old block rewards, while a modest $14 million trickled in from onchain fees, according to figures collected…

Arizona rolls out new rules to curb crypto ATM scams

LegalOct 2

Arizona has announced that regulations concerning crypto ATMs are set to go into effect this week. The main intention of the regulation will be to tackle scams carried out with the machines. This way, residents and users of the ATMs would have an extra layer of protection when carrying out their transactions. The scam in question involves the use of crypto kiosks, which allow users to convert cash into Bitcoin and other digital assets. They are often located in some businesses or shopping malls. The scammers just have to use various con methods, including pretending to be a government official,…

Crypto miners flock to Brazil on major clean energy surplus

MiningOct 2

Crypto miners are looking to use Brazil’s clean energy surplus without putting a strain on the grid. Summary Crypto miners are looking to exploit the overabundant clean energy in Brazil Tether is among the companies that are looking to leverage surplus power Brazil is experiencing a glut of solar and wind power due to subsidies Crypto mining might solve a peculiar problem with renewable energy. Mining firms are negotiating contracts with Brazilian power companies, looking to exploit the oversupply of clean energy, according to a September 30 report by Reuters. At least six crypto mining firms are now negotiating contracts…

Here’s Why This Drop Feels Different

EthereumOct 2

Ethereum’s latest liquidation event may look similar on the surface to August’s flush-out, but the underlying market pattern tells a very different story. Data suggest that the previous wipeout reset leverage in a buyer-controlled uptrend, while this week’s crash unfolded in a seller-dominated, bearish setup. Ethereum Flashback? Not Quite In the past two months, the network has witnessed only two major long liquidations above $400 million. On August 14, Ethereum’s $444 million in long liquidations came amid a buyer-dominated environment. Open interest stood at $29 billion, and funding rates were positive at +0.013. This indicated aggressive long positioning and high…

Ross Ulbricht sets the record straight as Kamala Harris’s critique misses the mark

LegalOct 2

Ross Ulbricht, creator of Silk Road and one of Bitcoin’s earliest public champions, didn’t waste time calling out Kamala Harris after she labeled him “the fentanyl dealer” in her new book, also criticizing President Trump for commuting his sentence. Ulbricht set the record straight: he was never prosecuted for dealing drugs personally, and fentanyl wasn’t part of his charges. Harris’s book claim sparks pushback Ulbricht’s post pulls no punches. His message is clear: Harris’s assertion was factually inaccurate, and the motivation behind it appears political, painting both Ulbricht and President Trump in a negative light. Ulbricht wrote: “The truth has…

Bitcoin Miners' Market Cap Soared in September to Record High

MiningOct 2

The market cap of Bitcoin miners soared in September as firms in the space benefited from pivots to high-powered computing that feeds the burgeoning artificial intelligence sector, according to a report from JP Morgan. Analysts at the banking giant highlighted the surge in a Wednesday report, noting that the combined value of the 14 top publicly traded miners it tracks passed $50 billion for the first time ever. Top mining stocks this week have jumped in value with the price of the leading cryptocurrency, too, with Mara, Riot, and CleanSpark all up significantly over the week—and the past month. Those…

Peter Schiff Slams Ethereum into Bear Market Territory

EthereumOct 2

Ethereum dipped below $4,000 on Thursday, kicking off a technical bear market and causing Peter Schiff to sound the alarm once again. The move took ETH more than 20% off its August peak, where the token briefly touched $4,850 and marked the sharpest correction since early summer. The sell-off got worse once ETH hit $4,150. A heavy session dragged the major altcoin down to the $3,930 zone, canceling out weeks of gains and putting a damper on corporate treasury purchases that had been promoted as a stabilizing force. The latest breakdown means we are now looking at whether the second-biggest…

Tokenization Is 'Mutual Fund 3.0,' Bank of America Says

RegulationOct 2

Bank of America (BAC) sees tokenization, the creation of a virtual investment vehicle on the blockchain linked to a tangible asset, as the next phase in the evolution of investment products, describing it as “mutual fund 3.0,” the Wall Street bank said in a Friday report. Just as mutual funds first emerged in 1924 and exchange-traded funds (ETFs) reshaped investing in the 2000s, blockchain technology could underpin a new generation of financial vehicles, analysts led by Craig Siegenthaler wrote. Real-world asset (RWA) tokenization is advancing quickly. The bank noted that firms like Securitize are working with managers including BlackRock (BLK),…