Author: NBTC

Trading platform eToro plans to acquire US online brokerage TradeZero as part of its US expansion plans, the company announced Tuesday. In its second-quarter report, eToro reported $1.59 billion in revenue, down from $2 billion in the comparable 2025 period. Of that, $1.34 billion was revenue from crypto assets, down about 30% from $1.9 billion in Q2 of 2025. However, eToro reported $1.35 billion in crypto-related cost of revenue and $19.7 million in net income from crypto assets. Total net income was $53.4 million. Equities and commodities-related trading generated $141 million in net income for the platform. The company has…

Shiba Inu is yet to recover from its recent volatility, but its network activity has continued to intensify, signaling growing participation in the Shiba Inu ecosystem. According to the latest data from Santiment, Shiba Inu has achieved a substantial increase in the number of active addresses participating in its network over the last week. Shiba Inu key metric up 26% Notably, the data shows that active addresses on Shiba Inu have surged from the 1,983 registered on August 12, to a massive 2,506 on August 18. This shows an addition of 523 active addresses within the 7-day period, marking an…

South Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in early September, according to a report from The Herald Business. The legislation, sponsored by Rep. Yoo Dong-soo of the ruling Democratic Party, who chairs the National Assembly’s Political Affairs Committee, aims to introduce a uniform ownership cap for major shareholders of virtual asset exchanges. Key Provisions of the Proposed Act The proposal is reportedly centered on applying the same major shareholder ownership cap to all virtual asset exchange operators, regardless of exchange size or market share. A 20% ceiling is…

Binance has launched Agent OS, a developer platform that brings AI agents closer to a full financial workflow rather than a single trading API. The platform connects compatible AI applications to Binance’s market data, trading functions, wallet tools, payment infrastructure and on-chain capabilities through user-controlled permissions, according to the company’s announcement. That makes Binance’s exchange infrastructure available as a base layer for agent-powered applications, not just as an execution venue. Agent OS brings together Binance APIs, the Binance Wallet Agentic Hub, Binance x402, Binance Skill Hub and support for the Model Context Protocol. Binance says MCP connects compatible AI applications…

Chainlink has launched a groundbreaking service called DataLink, which provides continuous foreign exchange (FX) data for major and emerging currencies, including the Indian Rupee. This service is particularly significant as it supports 24/7 pricing, reflecting the growing importance of India’s FX market. As global markets increasingly operate around the clock, this innovation enhances access for traders and on-chain applications. For more details, visit Chainlink’s announcement. Inside the Move Chainlink DataLink supplies bid, offer, and mid-rates for a wide range of currency pairs, ensuring uninterrupted FX data availability crucial for global markets. This continuous access is important given that many trading…

Bitcoin price has returned to the $63,000 region after surrendering Monday’s geopolitical relief rally, leaving the cryptocurrency down about 3% over the past day. According to CoinGecko data, Bitcoin ($BTC) was trading around $63,270 at the time of writing, down roughly 3% over the past 24 hours after briefly climbing above $65,500 during Monday’s session. The decline has left the world’s largest cryptocurrency back near levels seen before the geopolitical relief rally. Why did Bitcoin give back Monday’s gains? Monday’s advance came after financial markets reacted positively to reports that military strikes between the United States and Iran had paused,…

1inch introduces Aqua, a new tool designed for managing multiple liquidity positions, as the crypto market experiences fluctuations. This launch comes in response to the ongoing demand for efficient solutions in DeFi, providing users with greater control over their liquidity strategies. The implications for users are significant as they can now set rates and let their limit orders wait without constant monitoring, enhancing their trading experience. For more information, visit the official announcement here. Inside the Move The broader crypto market is currently showing mixed signals, which has increased the need for innovative liquidity management tools like Aqua. This new…

In the past 12 hours, Abraxas Capital has acquired 16,554 $ETH, amounting to $39.8 million. This acquisition comes at a time when the firm holds $291.4 million in short positions across two accounts on Hyperliquid. As reported by crypto commentator @lookonchain, this move reflects a complex strategy that could influence Ethereum’s market dynamics moving forward. The Story So Far Abraxas Capital’s recent purchase of 16,554 $ETH adds to their significant presence in the market. The total value of their short positions now stands at $291.4 million, indicating a dual strategy that could impact liquidity and price movements. The broader cryptocurrency…

Nvidia (NVDA) is reportedly seeking to attract more than $500 billion in outside funding to build out AI computing infrastructure, a move that could significantly widen the gap between centralized, high-performance data centers and blockchain-based decentralized computing networks such as Render and Akash. The initiative, involving major Wall Street financial firms, underscores the growing demand for massive computational power to train advanced AI models. Centralized vs. Decentralized: The Growing Divide According to data from Epoch AI, even the largest decentralized AI training network currently operates at roughly one-300th the processing capacity of cutting-edge data centers. This disparity highlights the immense…

$SOL Strategies may sell part of its Solana treasury to meet obligations, as much of its holdings remain pledged against debt. According to an SEC filing, the company said it had C$1.87 million in cash as of June 30 and that roughly C$22 million of digital assets were unencumbered and available for conversion into fiat. $SOL Strategies also reported C$37.33 million of current liabilities, although those obligations are staggered and do not represent a single payment due immediately. The financial statements show those obligations include about C$3.31 million of accounts payable, a C$7.75 million HoudiniSwap acquisition note, C$784,000 owed to…