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.

Ethereum ETFs Shed $788M Over Four Days in Institutional Exodus

U.S. spot Ethereum exchange-traded funds suffered a four-day outflow streak totaling $787.6 million last week, marking one of the most severe capital flights since the products launched. Grayscale's ETHE suffered the largest single-day outflow with $309.9 million exiting on September 5, while Fidelity's FETH saw $216.7 million flee on September 4. BlackRock's ETHA posted mixed flows, recording $148.8 million in inflows on September 4 before reversing to $309.9 million in outflows the following day. The bloodletting culminated in Thursday's $446.8 million exodus, the largest single-day outflow since August 4, according to Farside Investors. Meanwhile, Bitcoin ETFs recorded $332.8 million in…

EthereumSep 10

China Is One Step Further Into Yuan Stablecoin: Oil Trade

China is reportedly exploring the possibility of using yuan stablecoins for oil transactions, a move that could significantly advance the international use of its currency. China National Petroleum Corporation (CNPC), one of the world’s largest energy companies, recently disclosed plans to begin a feasibility study on using stablecoins for cross-border settlements and payments. CNPC Mentions Stablecoin Payments According to Reuters, China’s State Council will discuss expanding the use of yuan stablecoins at the upcoming Shanghai Cooperation Organization (SCO) summit. The Chinese government sees stablecoins as a promising tool for expanding the yuan’s global influence. The yuan accounts for just 2.88%…

RegulationSep 10

Binance Alpha LINEA Listing Unveils Exciting Opportunities for Early Tokens

Get ready for a significant development in the crypto world! The highly anticipated Binance Alpha LINEA listing is set to take place on September 10th. This announcement marks a pivotal moment for traders seeking access to promising early-stage tokens directly within their Binance Wallet. Binance Alpha, known for its innovative on-chain trading service, continues to expand its offerings, and the addition of LINEA is sure to generate considerable interest. What Makes the Binance Alpha LINEA Listing So Significant? Binance Alpha operates as a specialized on-chain trading platform, uniquely positioned within the broader Binance ecosystem. Its primary mission is to connect…

ExchangesSep 10

Is $4,200 about to collapse?

Summary ETH trades near $4,300, but faces critical support at $4,200, with $236M in liquidation risk if it breaks lower. Current range: $4,200–$4,500, with major resistance at $4,400–$4,500 and key liquidation levels around $4,170. Bullish projection targets $4,550–$4,800 if ETH breaks above $4,500 and ETF/deFi momentum returns. Downside risk includes a drop to $4,000 or $3,600 if support fails, driven by cascading liquidations and macro pressure. Ethereum price prediction is neutral, with high short-term volatility and a longer-term bullish bias based on fundamentals. Ethereum is barely hanging on around $4,300, slipping just 0.1% today. But the big concern for Ethereum…

EthereumSep 10

Backpack Opens Regulated Perpetuals Exchange in Europe After FTX EU Acquisition

Backpack Exchange, a global cryptocurrency trading platform, said Monday that its European division, Backpack EU, is officially live. Operating out of Cyprus and licensed under the European Union’s MiFID II framework, the exchange is positioning itself as one of the first fully regulated venues in Europe to offer crypto derivatives, starting with perpetual futures. “As far as I'm aware, it's just going to be us and Kraken” in Europe offering perpetual futures, Armani Ferrante, the CEO of Backpack, said in an interview with CoinDesk. The debut follows Backpack’s acquisition of FTX EU earlier this year. In January, the FTX bankruptcy…

ExchangesSep 10

Will This Key Support Hold as ETH Prepares for Breakout?

Ethereum continues to trade sideways, with little to no price action reflecting a lack of decisive demand or supply. Neither buyers nor sellers are in control, leaving the market stagnant within well-defined ranges and awaiting a catalyst to break the equilibrium. ETH Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains confined within its ascending channel, though momentum has stalled in the upper half of the structure. After failing to extend higher toward the $5K resistance zone, the asset has settled into a narrow consolidation around the $4.2K mid-range support. This zone has acted as a…

EthereumSep 10

The Fed's PCE Data Used to Measure Inflation Has Been Released! Here's Bitcoin's (BTC) First Reaction!

Leading cryptocurrency Bitcoin (BTC) has been trading within a certain range after breaking a new record by exceeding $124,000 in mid-August. While the Fed was expected to cut interest rates for Bitcoin to rise, it never made the expected interest rate cut in June and July. At this point, interest rate cut hopes have been postponed until September. Fed Chair Jerome Powell recently signaled a moderate approach to interest rate cuts in his statement in Jackson Hole. Powell noted that the balance of risks has shifted, adding that policy remains in restrictive territory and the changing balance of fundamental outlook…

RegulationSep 10

Circle Expands Hyperliquid with USDC and CCTP V2 Rollout

Native USDC will bring secure on- and off-ramps to Hyperliquid with Circle Mint. CCTP V2 enables efficient cross-chain USDC transfers, supporting faster trading activity. Hyperliquid volume shows USDC as dominant, with $398B in derivatives already active. Circle announced today that it will deploy native USDC and the upgraded Cross-Chain Transfer Protocol (CCTP V2) on Hyperliquid, a decentralized exchange built with HyperCore and HyperEVM. The rollout will introduce seamless USDC transfers, unlock deeper liquidity, and provide institutional on-ramps through Circle Mint. With this integration, Hyperliquid is positioned to expand its infrastructure and strengthen adoption across the decentralized finance market. .@circle announces…

ExchangesSep 10

From CPU to ASIC Era

Introduction Mining pools have been pivotal in shaping the cryptocurrency mining landscape since Bitcoin’s early days. As mining hardware evolved from CPUs to GPUs, then to ASICs, mining pools simultaneously adapted to these technological advances. This article explores how mining machines and mining pools grew alongside each other and the evolution of the mainstream mining pool models that define today’s mining industry. From CPU Mining to the Birth of Pools At Bitcoin’s inception in 2009, mining was done solo using conventional CPUs on personal computers. Mining difficulty was low, enabling individuals to find blocks and earn Bitcoin independently. However, as…

MiningSep 10

Tokenized Pokémon Cards Are Hot. Lending Them for Crypto Is a Different Story

A pseudonymous developer in Canada knows that his project’s target demographic cares little about crypto or decentralized finance. For the most part, Pokémon card collectors are a skeptical group, according to the individual who goes by Keef on X. “These people don’t really want to go on-chain,” he told Decrypt, in reference to NFTs that are redeemable for trading cards from the globally recognized media franchise. “I think a lot of people that aren’t already here are very apprehensive.” A bigger task than he initially anticipated, Keef is working on a platform that will one day allow people to use…

NFTSep 10