Crypto, markets and policy.
NBTCNEWS

Author: 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.

2.64M ETH Exodus — Ethereum’s Validator Exit Line Swells 188% Since Mid-August

A mountain of ethereum is lining up to bail from validating, with 2.64 million ETH filing voluntary exit requests to stop staking. Ethereum Stakers Confront Record Queue As of this weekend, 2,642,006 ETH—worth about $12.34 billion—are lined up in the validator queue, ready to bow out of the staking process. Bitcoin.com News highlighted the queue 25 days ago when it hovered between 898,000 and 916,000 ETH, marking a 188% climb since mid-August. If you’re new to ethereum’s staking game, here’s a quick rundown on how the exit queue operates. When a validator decides to stop staking, it files a voluntary…

FOMC Statement Released Following the Fed Interest Rate Decision – Here Are All the Details of the Full Text

The Fed has resumed interest rate cuts after a nine-month hiatus, lowering the federal funds rate by 25 basis points to a range of 4% to 4.25%. According to the “dot plot” projection reflected in the decision text, two additional interest rate cuts are envisaged in 2025. While 9 out of 19 officials expected two more interest rate cuts this year, 2 predicted a single cut, and 6 predicted no additional cuts. Newly appointed Fed Board member Stephen I. Miran dissented from the decision, voting for a stronger 50 basis point cut. The decision noted that economic growth slowed in…

Ethereum Nears $5,000 as ETFs and Staking Reshape Market Demand

Ethereum’s rally toward the $5,000 mark is reframing its role in global markets. The asset is transitioning from a speculative token into a reserve choice for institutions and large-scale investors. A CryptoQuant report revealed that surging ETF inflows, aggressive whale accumulation, and record staking levels are driving this change. Ethereum ETFs Anchor Institutional Demand According to the report, Ethereum ETFs have emerged as a defining catalyst in this rally. The nine US-listed funds now hold roughly 6.7 million ETH—almost double the level seen when the market rally began in April. This expansion followed record inflows of nearly $10 billion between…

ETH/BTC ratio remains below 0.05 despite institutional adoption and ATH

The Ether-Bitcoin (ETH/BTC) ratio, which measures the price of Ether (ETH) against the price of Bitcoin (BTC), has failed to reclaim 0.05, despite adoption of ETH by institutions and the historic price rally in July and August that took ETH to new all-time highs. ETH/BTC has remained below the 0.05 level since July 2024, and the ratio peaked in June 2017 when it hit the all-time high of 0.14, according to CoinGecko. The ratio current sits at 0.039, down from the 0.04 reached in August. The ratio fell to a 5-year low in March, collapsing to 0.02, amid macroeconomic uncertainty…

Russia completes first salary payment in digital ruble

The Russian government has paid a monthly salary in digital rubles for the first time, indicating it’s ready to continue to do that upon request. The news comes almost a full year in advance of the planned launch of Russia’s coin for public use, which will be carried out in stages, beginning next fall. Russia starts paying digital ruble salaries on request Russia has for the first time employed its central bank digital currency (CBDC) to pay a salary, the Ministry of Finance (Minfin) announced. “The first budget payment in digital rubles has been successfully completed,” the department stated in…

SharpLink Gaming’s ETH Treasury Reports $976 Million Unrealized Profit, and Why This Matters

SharpLink Gaming is gaining widespread attention for its brave approach to corporate financial management. SharpLink Gaming is a publicly listed firm that changed from a sports betting company into the second-biggest institutional Ethereum holder under the leadership of Ethereum co-founder Joseph Lubin, who serves as the company’s chairman. According to data shared today by market analyst Crypto Patel, SharpLink Gaming currently holds an unrealized profit of $976 million in its ETH treasury pool. The firm embraces Ethereum as a key reserve asset in its balance sheet, making it one of the innovative companies to watch in the virtual currency landscape.…

Nvidia to Invest $5B in Intel and Develop Data Centers, PCs

Nvidia (NVDA), the world's largest public company by market cap, said it will invest $5 billion in Intel (INTC) and work with the chipmaker on developing custom data-center and PC products as artificial intelligence becomes more pervasive. The Santa Clara, California-based maker of the graphic processing units (GPUs) that underpin AI computing will buy shares of its neighbor at $23.28 each, 6.5% lower than Wednesday's closing price of $24.90, according to an announcement on Thursday. While Nvidia is known for its GPU production, Intel was a leader in developing microprocessors and entered public consciousness as the provider of central processing…

Ethereum (ETH) Price Prediction For September 16

Ethereum price today is trading around $4,661, consolidating after a strong rally from $4,300 earlier this month. The token is holding above short-term supports, with traders watching whether momentum can carry ETH toward the critical $4,800 resistance zone. Ethereum Holds Strong After Breakout ETH Price Analysis (Source: TradingView) The 4-hour chart shows ETH breaking free from a descending triangle earlier this week, with price reclaiming levels above $4,600. Resistance now sits at $4,665, while the upper Bollinger Band around $4,812 marks the next supply zone. Related: XRP (XRP) Price Prediction For September 16 Support remains layered between $4,490 and $4,440,…

Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win

Wall Street bank Citi (C) has raised its price target on Bullish (BLSH), the owner of CoinDesk, to $70 from $66 after the crypto exchange’s second quarter results came in slightly ahead of expectations. The long-anticipated NYDFS BitLicense approval removes a key regulatory overhang, strengthening investor confidence heading into FY 2026, Citi said. But the biggest surprise, according to the bank, was Bullish’s accelerating Subscription, Services and Other (SS&O) growth pipeline, an inflection it attributes in part to momentum from the firm’s recent IPO. Citi reiterated its buy rating, citing the firm's "highly attractive operating leverage." Meeting high expectations Broker…

Cardano Founder Reacts as Ethereum Unveils New Privacy Roadmap

Cardano founder Charles Hoskinson has sparked debate within the crypto community following his response to Ethereum’s recently unveiled privacy initiative. Over the weekend, the Ethereum Foundation unveiled an ambitious roadmap to introduce end-to-end privacy features to the network. Ethereum New Privacy Push A core part of this initiative involves rebranding the network’s existing Privacy & Scaling Exploration initiative as Privacy Steward of Ethereum (PSE). The development comes at a time when the U.S. is exploring proposals to embed government identity checks directly into smart contracts. However, the crypto community kicked against the proposal, with Ethereum’s co-founder Vitalik Buterin referring to…