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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.

Ethereum-Based Assets Hit $2.2 Billion

The world of digital assets is constantly evolving, and a fascinating trend is taking center stage: the remarkable growth of tokenized gold. These innovative assets are bridging the gap between traditional safe-haven investments and the cutting-edge technology of blockchain. Recently, the combined market capitalization of two prominent Ethereum-based tokenized gold assets, Tether Gold (XAUT) and Pax Gold (PAXG), soared to an impressive $2.2 billion. This significant milestone, reported by Unfolded citing data from Token Terminal, highlights a growing investor appetite for digital representations of physical gold. What Exactly is Tokenized Gold, and How Does it Work? You might be wondering,…

Regulation

Bybit Resumes Full Crypto Trading in India After Paying $1M Fine, Securing Compliance

Bybit has announced it’s resuming full crypto trading services in India after months of regulatory friction, after paying a $1 million fine and registering with the country’s financial watchdog to regain compliance. The Dubai-based crypto exchange said in a press release that Indian users now have full access to its mobile app via the App Store and Google Play, with phased restoration of its website expected over the coming days. This follows the platform’s suspension of most services in January 2025, excluding withdrawals, after the Financial Intelligence Unit-India (FIU-IND) determined it had been operating without proper registration under anti-money laundering…

Exchanges

Here’s why Ethereum price is preparing a monster move

Ethereum’s price has pulled back in the past few days, moving from the year-to-date high of $4,945 to the current $4,335. Summary Ethereum price could be on the cusp of a strong bullish breakout this month. It is attempting to retest an important support level on the weekly chart. Ethereum has strong fundamentals, including growing market share in key industries. Ethereum (ETH) token remains about 210% above its lowest point this year. Still, technical analysis points to an eventual rebound while spot ETH ETF inflows have risen. Ethereum price technicals points to a rebound The weekly chart shows that ETH’s…

Ethereum

Crypto.com provides custody solutions to Axelar Foundation and Frax

Crypto.com, a major cryptocurrency exchange, has forged two new institutional partnerships with the Axelar Foundation and Frax, according to the information shared with Finbold on Monday, September 8. As part of the deal, the exchange will provide Axelar Foundation with custody support for AXL, the native token of the cross-chain network. At the same time, Frax will use Crypto.com’s custody solutions to secure and manage FRAX, its own native asset and gas token on the Fraxtal blockchain. The two collaborations underscore Crypto.com’s role as a leading provider of high-grade security, compliance, and liquidity solutions to institutional clients. “Institutional custody is…

Exchanges

Codex Seeks to Defend Ethereum from Centralized Stablechain ‘Attack’

Stablecoins have been thrust into the limelight as one of crypto’s killer use cases in 2025, sparking growing institutional adoption, but Codex founder Haonan Li vows to maintain Ethereum’s position as the home of stablecoins. Ethereum currently dominates the stablecoin supply race with $153 billion in stablecoin market capitalization, followed by Tron with $81 billion. Together, Ethereum and Tron command more than 81% of the total stablecoin market, but upcoming competitors such as Plasma, Stable, Arc, and Tempo are looking to challenge their dominance. In particular, the Ethereum community has been up in arms since the announcement of Tempo, a…

Ethereum

European Union will follow Trump’s lead on crypto regulation: VanEck

VanEck’s Alessandro Valentino believes that the “Crypto President” Trump is setting a precendent for other countries. Summary VanEck product manager Alessandro Valentino says U.S. has opened the doors for crypto Several European countries are already following the U.S. example. Trump needs the crypto industry more than it needs him, he added. Donald Trump’s administration has opened the doors for crypto businesses to expand into tradFi. Now, other countries are following by example. In an interview with crypto.news, Alessandro Valentino, a product manager for investment management firm VanEck, shared his view of European investors and regulators view crypto. Interest in digital…

Regulation

Binance Reports Major Shift in XRP, BTC, ETH Proof of Reserves

Major crypto exchange Binance has published its 34th Proof-of-Reserves Snapshot. These include major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL) and BNB, as well as stablecoins Tether (USDT), First Digital USD (FDUSD) and USDC. As of Sept. 1, Binance reports 608,017 BTC held for users, representing 2.85% growth, or 16,858 BTC added from August. Binance Publishes 34th Proof-of-Reserves Snapshot. As of Sept 1, Binance reports 608,017 BTC held for users (+2.85%, +16,853 BTC), 4.34 million ETH (−4.70%, −214,079 ETH), and 31.25 billion USDT (+4.69%, +1.4B USDT) compared to the Aug 1. pic.twitter.com/d0WjSIuLO2 — Wu Blockchain (@WuBlockchain) September 8, 2025…

Exchanges

Ethereum Whale Shifts $207M to New Wallets, Sparks Market Speculation

A dormant Ethereum whale has resurfaced, transferring a large bundle of ETH following years of dormancy. Lookonchain reports that on September 8, 2025, the wallet with the address going by the name 0x67f7f deposited 47,507 ETH, which is equivalent to 207 million dollars, to 2 new wallets. Whale 0x67f7 just transferred 47,507 $ETH($207M) to 2 new wallets after 4 years of inactivity. The whale received 123,687 $ETH($19.04M then, $540M now) from #Bitfinex 6 years ago, when the price of $ETH was $154. He also deposited 2,900 $ETH into https://t.co/11PfRBP2j2.… pic.twitter.com/Vf2l93G7pl — Lookonchain (@lookonchain) September 8, 2025 This unexpected action has…

Ethereum

What This Means for Crypto

Effective today, the Trump administration eliminated the de minimis exemption. US importers must now pay taxes on their packages regardless of their overall cost. For crypto, the end of duty-free imports will largely affect smaller businesses focused on hardware development and Bitcoin mining. A Major Shift for E-Commerce Today, the Trump administration ended duty-free imports of packages worth less than $800. Known as the “de minimis” exemption, this rule will likely affect small- and medium-sized businesses that relied on this duty-free status to lower overall costs. In the following weeks, shoppers expect elevated prices and fewer market options. The threshold…

Regulation

$4,000,000,000 Flowed Into Ethereum ETPs in Just One Month As ETH Outperforms Bitcoin and Other Major Asset Classes: VanEck

Ethereum’s recent outperformance was accompanied by enormous flows into ETH exchange-traded products (ETPs), the asset manager VanEck reports. In a new market update, VanEck says that ETH ETPs pulled in $4 billion while Bitcoin saw $600 million in outflows in the month of August, helping to push BTC dominance down from 65% to 57%. “Ethereum ETP inflows continued in August, building on the network’s record-breaking institutional adoption in July. While dollar-denominated inflows declined from $5.5 billion in July to $4.0 billion in August, Ethereum still sharply diverged from Bitcoin, whose ETP inflows fell from $6.1 billion in July to -$600…

Ethereum