Author: NBTC

Ethereum price remained trapped between $2,400 support and $2,500 resistance on Sept. 1, with weak trend strength and fading momentum raising the risk of another liquidity-driven pullback. According to data from crypto.news, Ethereum ($ETH) price was trading near $2,460 at press time, little changed over the previous 24 hours and down about 1% over the past week. The token had retreated from an Aug. 27 high near $2,564 after buyers failed to extend its late-August breakout. Trading activity has also cooled. CoinGecko data showed that Ethereum’s 24-hour volume had fallen by about 21% to approximately $11.35 billion, indicating lower participation…

A new U.S. survey has found that 79% of prediction-market users lost money during the past year, while 51% used borrowed funds to place bets. Prediction market losses rise among borrowers BadCredit.org surveyed 1,000 U.S. adults and found that 15% had used a platform such as Kalshi, Polymarket, or PredictIt, placing the consumer findings against a period of rapid trading growth and continued regulatory debate. Among self-reported users, 79% said they had lost money on prediction markets in the past year. More than one-quarter, or 27%, reported losses above $500, including 9% who lost over $1,000. Only 21% said they…

Asset manager T. Rowe Price has quietly added Cardano to its Active Crypto ETF, placing the cryptocurrency alongside major assets such as Bitcoin and Ethereum. The move follows the fund’s initial launch without Cardano, despite earlier filings indicating that T. Rowe Price could support the asset. TKNZ began trading on NYSE Arca in mid-July after the U.S. SEC approved the fund in June. At launch, TKNZ held Bitcoin, Ethereum, BNB, Solana, XRP, Hyperliquid, Stellar, Dogecoin, USD Coin, and cash equivalents. Although T. Rowe Price had previously indicated that Cardano could qualify for inclusion, $ADA was absent from the fund’s initial…

ACT Proposes New Rule For Digital Assets In Campaign Reform Pledge Cryptocurrency assets are becoming relevant in public policy, taking a role in campaign pledges internationally from parties seeking to garner support from crypto investors. On Thursday, the Association of Consumers and Taxpayers (ACT) party unveiled a proposal to modernize the treatment of digital assets in New Zealand, unlocking the benefits of tokenization, stablecoin payments, and crypto-linked tax exemption measures into its economic structure. The right-wing conservative party, which holds 11 seats in the New Zealand Parliament, proposed waiving capital gains tax for taxpayers holding these assets for over a…

The catastrophic implosion of Zondacrypto, once a titan of the Eastern and Central European cryptocurrency market, has cast a dark shadow over the crypto industry. It has also produced a bizarre true-crime saga: the disappearance of two consecutive chief executives in the span of four years, according to a report by the New York Times. Going dark The exchange’s website went completely dark in April. Its proprietary digital token, the ZND, has lost 99.9 percent of its value. Sylwester Suszek, Zondacrypto’s founder, was born to a coal miner in Katowice, Poland. He then transformed himself into a flashy “crypto king.”…

Bitcoin price recovered 2.8% from an intraday low of $62,850 to around $64,650 on July 29 as traders positioned for the Federal Reserve’s interest rate decision. Bitcoin price recovers before the Fed decision According to data from crypto.news, Bitcoin ($BTC) price rose from $62,850 to an intraday high near $64,775 before settling around $64,650. The recovery followed several sessions of selling across cryptocurrencies and technology stocks. The $62,850 low aligned with Bitcoin’s 200-day EMA, making the level an important test of its broader market structure. Short-term momentum indicators had also entered oversold territory following $BTC’s decline from last week’s high…

TapTools has abandoned a community $NFT sale intended to help bring its Cardano analytics platform back online after users reacted angrily to its return, with every participant refunded in full. The backlash quickly reached Charles Hoskinson, who responded by sharing a South Park parody of BP’s repeated “we’re sorry” apology. TapTools Pulls Sale After Community Backlash TapTools shut down in June after four years of operating in the Cardano ecosystem. In its announcement then, the team said two co-founders, including its CTO and COO, had left earlier in the year, while its replacement CTO later decided to leave as well.…

Tron founder Justin Sun has withdrawn 5,000 $ETH from the liquid staking protocol Lido, according to blockchain analyst ai_9684xtpa. The move, which occurred on [date], is part of a series of significant transfers that have drawn attention to Sun’s already substantial Ethereum holdings. Details of the Withdrawal On-chain data shared by ai_9684xtpa shows that of the 5,000 $ETH withdrawn, 3,500 $ETH was routed through the crypto exchange Poloniex before being sent to a hot wallet address. The specific purpose of this transfer remains unidentified. The remaining 1,500 $ETH was deposited into Morpho, a decentralized lending protocol, suggesting possible DeFi yield…

Bank of America (NYSE: BAC) has announced that it plans to spend $250 billion building US infrastructure in the next 18 months. The bank plans to focus on data centers, chips and power generation. The plan lands as a major boost for stakeholders of the AI and computing buildout, even as data centers ramp up pressure on the electrical grid. What will Bank of America fund with $250B commitment? The bank has named the program its Critical Infrastructure Finance Initiative, in time for the 250th anniversary of America. It will run from January 1, 2026, to July 4, 2027. It…

Bitwise crypto investment products recorded about $300 million in combined trading volume on Aug. 19, with the Bitwise $XRP ETF making up roughly 6% of the total. This comes as the broader crypto market remains under pressure, with the market losing about $580 billion in value this year. Despite the consistent decline, crypto investment products have continued to draw renewed investor attention. Bitwise ETFs Post $300 Million in Volume Hunter Horsley, CEO of Bitwise, revealed the figures in a recent disclosure on X and highlighted the top five contributors to the company’s total ETF volume. Specifically, the Bitwise Bitcoin ETF…