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.

What It Means for the Market

EthereumSep 17

A significant event recently unfolded in the crypto world, capturing the attention of investors and analysts alike. An address associated with the prominent crypto market maker Cumberland executed a substantial Cumberland ETH transfer, moving 12,706 ETH, valued at an astonishing $57.16 million, to Coinbase Institutional. This massive transaction, flagged by the on-chain analytics service Whale Alert, immediately sparked discussions about its potential implications for the Ethereum market and broader crypto sentiment. When large amounts of cryptocurrency are moved to exchanges, it often signals a potential shift from holding to selling, rather than a strategy for long-term storage. Understanding the Cumberland…

700M USDT Shifts from Aave to HTX

ExchangesSep 17

A colossal movement of digital assets has recently captured the attention of the cryptocurrency world. Whale Alert, a prominent blockchain tracking service, reported a monumental crypto whale transaction involving 700,000,000 USDT. This staggering sum, valued at approximately $701 million, was transferred from the decentralized finance (DeFi) protocol Aave to the centralized exchange HTX. Such a significant shift in capital often sparks questions and speculation among investors and market watchers alike. What Exactly Happened in This Crypto Whale Transaction? On a recent day, the blockchain registered an enormous transfer that sent ripples through the crypto community. A single address initiated the…

Massive $60.45M Impact Rocks Crypto Market

EthereumSep 17

The cryptocurrency market is a dynamic arena, often characterized by rapid shifts and significant events. Recently, one particular event has captured the attention of traders and investors alike: ETH liquidations. Over the past 24 hours, Ethereum (ETH) has unfortunately led the charge in crypto liquidations, experiencing a staggering $60.45 million wiped out from perpetual futures positions. This substantial figure underscores the volatile nature of digital assets and highlights crucial market dynamics that every participant should understand. What Are ETH Liquidations and Why Do They Matter? For those new to the crypto derivatives space, the term "liquidation" can sound intimidating. Simply…

Crypto business operators face prison time in new bill proposed in Poland

LegalSep 17

Anyone providing crypto services without permission may spend time in prison, on top of a hefty fine, according to a draft provision put forward by lawmakers in Poland. The proposal comes ahead of a second reading of the country’s upcoming cryptocurrency legislation that has already drawn serious criticism for threatening the survival of domestic platforms. Controversial text set to enter Poland’s crypto law Dealing with cryptocurrencies may soon become a risky undertaking in Poland, where a proposed legislative amendment seeks to hit unlicensed crypto operations with monetary penalties and even prison sentences. The new provision, suggested by three parliamentarians from…

AI predicts Ethereum price for October 1, 2025

EthereumSep 17

Ethereum (ETH) could potentially trade below the crucial $5,000 level on October 1, according to insights from OpenAI’s ChatGPT model. Indeed, this insight comes after Ethereum hit a new record high near $5,000 in late August, but has since retreated, with the $4,500 zone remaining a key level to watch. As of press time, ETH was trading at $4,492, having gained over 6% in the past seven days. ETH price prediction According to ChatGPT, the second-ranked cryptocurrency by market cap is most likely to trade in a range of $4,800 to $5,200 by October 1. Notably, this scenario carries the…

SEC, Gemini Trust reach agreement over crypto lending dispute

LegalSep 17

The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint. In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed. The filing stated that both parties would file another status report if the case weren’t…

Uphold XRP Reserves Belong to Customers, Not Us, as This ‘Holding’ Is Built on Trust, Not Hype: Uphold CEO

ExchangesSep 17

Simon McLoughlin, CEO of the American exchange Uphold, has praised XRP holders for their trust and dedication to the platform. He remarked that XRP holders are maintaining their position on Uphold solely based on trust, not hype. McLoughlin expressed this view in a tweet over the weekend when clarifying a report about the massive amount of XRP tokens under Uphold’s custody. You’ll see @UpholdInc listed among the biggest $XRP holders. But those assets belong to our customers, not us. People remember who stood strong in difficult times. This “holding” is built on trust, not hype. Big difference. pic.twitter.com/RoB8SBN2CF — Simon…

Unveils Ambitious SPAC Merger Plans

EthereumSep 17

Exciting news is brewing in the cryptocurrency world! The Ether Machine, a company already known for its significant accumulation of Ethereum (ETH), is making a monumental leap towards a U.S. stock market listing. This bold move could reshape how crypto-centric companies engage with traditional finance. The journey for the Ether Machine US listing is officially underway, promising a new chapter for the firm and potentially the broader digital asset space. What Does the Ether Machine US Listing Through a SPAC Merger Entail? The Ether Machine is pursuing its public debut through a merger with Dynamix Corporation, a special purpose acquisition…

Hong Kong-Singapore Are Quietly Building A Regulated Token Corridor

LegalSep 17

If you want to see where tokenised money becomes real infrastructure, look to Hong Kong and Singapore. Each market now has the policy plumbing to take “digital cash” out of the lab and put it into everyday cross-border finance: Hong Kong’s new licensing regime for fiat-referenced stablecoin issuers took effect on August 1, 2025, with the HKMA targeting the first licenses in early 2026, while Singapore’s MAS locked in a stablecoin framework as far back as August 2023 and has spent the past two years scaling Project Guardian, a cross-border tokenisation program with major banks. Together with Hong Kong’s Project…

Luno Now Lets Nigerians Invest in Big US Stocks

ExchangesSep 17

Luno is a massive African crypto exchange which has recently been announced. The Nigerians can now invest in some of the best stocks and ETFs in the world. It is associated with such popular companies as Apple, Tesla, and S and P 500 ETF. It is a welcome development to Nigeria. Previously it was not easy to invest in the international stocks. Prices were a major concern and foreign currency shortage. Luno will rectify that with its new service. Easy Access to Global Stocks Luno made it easier to sell and purchase stocks to the Nigerians. They can now invest…