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.

ETH Price Targets $4,070 CME Gap After Hitting Key Zone

TL;DR Whales are buying Ethereum aggressively while retail holders continue to offload during the current dip. Ethereum’s exchange reserves hit 3-year lows, signaling reduced sell pressure and rising long-term confidence. The price hovers near the $4,070 CME gap, a zone that traders are watching for a breakout or reversal. Price Pulls Back Near Technical Gap Ethereum (ETH) is now trading close to $4,350, after falling from recent highs near $4,800. The focus is on a CME futures gap between $4,050 and $4,100. These gaps occur when futures markets reopen after weekends and can often act as magnet levels for the…

EthereumAug 30

Crucial Day Today as Fed Minutes Are Released – Here’s the Time and What the Experts Are Saying

Fed officials have long been unusually divided on the issue of interest rate cuts. The minutes of the July meeting, to be released today, will reveal just how deep this division runs. The Fed minutes will be released today at 9:00 PM (UTC+3). Bitcoinsistemi.com will be providing all the information immediately. At the Federal Open Market Committee (FOMC) meeting held on July 29-30, interest rates were held steady at 4.25%-4.5%. However, the decision was made with the opposition of two board members, the first in over 30 years. Michelle Bowman and Christopher Waller had previously announced their support for a…

RegulationAug 30

Urgent Call for Clear Rules to Prevent Exodus

The world of digital assets is dynamic, and countries globally are scrambling to create frameworks that foster innovation while ensuring stability. In the UK, a crucial conversation is unfolding, with key figures emphasizing the urgent need for robust UK crypto regulations. This isn’t just about compliance; it’s about securing the nation’s place in the future of finance. Why Are Clear UK Crypto Regulations So Vital? The UK’s All-Party Parliamentary Group (APPG) on Crypto and Digital Assets, under the new co-chairs Gurinder Singh Josan and Edward Vaizey, has issued a stark warning to lawmakers. They argue that without a distinct regulatory…

LegalAug 30

Dash and Nym Team Up to Power Private Payments for Snowden-Endorsed NymVPN

Dash, one of crypto’s earliest privacy-focused projects, has partnered with Nym, the privacy infrastructure provider behind the Snowden-endorsed NymVPN, to deliver truly private payments for advanced internet privacy services. — The integration allows NymVPN users to pay for subscriptions using Dash, combining fast, low-cost, censorship-resistant transactions with Nym’s metadata-shielding VPN technology. The collaboration represents a powerful step forward in the effort to secure not only online communications but also the financial rails used to pay for privacy services. Private Payments Meet Metadata Protection NymVPN offers two distinct modes: Fast Mode: A 2-hop WireGuard-based VPN optimized for browsing and streaming. Anonymous…

ExchangesAug 30

One year into Sky, adoption lags behind vision

On August 27, 2024, MakerDAO formally transitioned into Sky, a new identity meant to signal a fresh era of modular governance, ecosystem scaling, and real-world integrations. One year later, the core pillars of that transformation are in place, but the adoption story remains mixed. The renamed protocol now oversees over $7.8 billion in stablecoin liabilities across DAI and its successor USDS. But despite heavy investments in marketing incentives and ecosystem spinoffs, Sky’s headline stablecoin metrics have flatlined, or in some cases, reversed. Meanwhile, capital restructuring efforts and a sweeping token migration have begun reshaping protocol governance entirely. The organizations’ financials…

DeFiAug 30

Ethereum (ETH) Price Prediction for Today

Ethereum price today is trading near $4,245, holding a modest 0.6 percent gain in the past 24 hours. The move comes after ETH slipped out of its recent triangle structure on the 4-hour chart, placing immediate resistance near $4,380 and support around $4,200. ETH Price Testing Key Support Levels ETH price dynamics (Source: TradingView) The Smart Money Concepts indicator shows a Change of Character (ChoCH) after ETH couldn’t go any higher earlier this week. This was followed by a Break of Structure (BOS) that showed short-term weakness. Around $4,205, equal lows are forming, making a liquidity pool where sellers might…

EthereumAug 30

It Could Affect the Market – Here’s What We Know

Fed Chair Jerome Powell faces a critical dilemma ahead of his Jackson Hole speech on Friday. Citi Director and Global Economist Robert Sockin told Bloomberg Surveillance that the impact of higher tariffs on inflation worries Powell and that recent labor market data raises the possibility of a September rate cut. Sockin noted that it was difficult for Powell to establish a clear direction in his speech, saying, “Powell is currently under political pressure. There is a lot of data to be released before the September meeting. Therefore, it is unlikely he will lean strongly in one direction in his speech.”…

RegulationAug 30

FED Member Cook, Fired by Trump, Files Lawsuit Against the Decision – So What Happens Now?

Federal Reserve Board member Lisa Cook filed a lawsuit today challenging President Donald Trump's decision to remove her from office. Cook argued that the White House lacked the authority to do so and insisted she wanted to keep her position. Cook's lawsuit, filed in U.S. District Court in Washington, called the dismissal “unprecedented and illegal.” Cook described Trump's move as an attempt to put political pressure on the independent Federal Reserve to cut interest rates. This case is seen as the start of a critical legal process for the future of the Fed, an independent institution. Trump has long criticized…

LegalAug 30

Circle and Paxos Launch Revolutionary Trust Initiative

In a significant move poised to reshape the digital asset landscape, leading stablecoin issuers Circle and Paxos are embarking on a groundbreaking pilot program. They are introducing a robust stablecoin verification system designed to bring unprecedented transparency and trust to the market. This initiative could mark a pivotal moment for the future of stablecoins, setting new benchmarks for issuer accountability. Unveiling the Stablecoin Verification System Pilot Bloomberg recently reported on this exciting development, highlighting the collaboration between two major players in the stablecoin space: Circle, issuer of USDC, and Paxos, known for USDP and BUSD. These industry giants have partnered…

ExchangesAug 29

SNAI, PAAL, AIXBT, CGPT, ALPHA, EMP, and Others; Why DeFAI Tokens Trending?

DeFAI tokens continue displaying remarkable performance as several projects are getting broader attention when it comes to social activity, an indicator that people are buying these crypto coins. Fresh data reported today by market analyst Phoenix Group listed top-performing DeFAI projects based on market sentiment. DeFAI coins are projects that utilize AI agents to simplify and automate DeFi activities. By taking advantage of AI algorithms, DeFAI assets provide clients with automated trading solutions and improved investment opportunities. DeFAI, the combination of DeFi and AI, is not just another blockchain trend, but a development towards flexible-data-driven finance that functions more intelligently.…

DeFiAug 29