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 Price Eyes Recovery as New Buyers Step In, Yet One Major Risk Looms

After coming close to its all-time high near $4,878 just days ago, the Ethereum price is now trading below $4,300. Despite the dip, it has managed to hold onto strong monthly gains of 15.3%, showing some resilience. But while many short-term holders are jumping in to “buy the dip,” things aren’t all good for near-term traders. A key bearish signal is starting to show up on the 4-hour chart. Short-Term Buyers Are Growing, While Reserves Stay Near Lows The Ethereum HODL wave chart shows that new buyers have been slowly loading up over the past 30 days. Ethereum price and…

EthereumAug 29

Goldman Sachs Predicts Explosive 40% Annual Surge

A major shift is on the horizon for the financial world, according to a recent analysis from investment banking giant Goldman Sachs. They foresee remarkable USDC growth, projecting that this leading stablecoin could expand by a staggering 40% annually. This optimistic outlook highlights the transformative potential stablecoins hold for global financial infrastructure, moving beyond just consumer payments. What is Driving This Impressive USDC Growth? Goldman Sachs believes that upcoming U.S. regulatory clarity will be a significant catalyst for this predicted USDC growth. New legislation could provide the certainty needed for institutions to more widely adopt stablecoins. Investopedia reports that the…

RegulationAug 29

EdgeX Joins Hyperliquid in Redefining the Future of Perps Trading

In a stunning turn of events, EdgeX, a decentralized perpetual futures exchange platform, has cemented its place among the crypto elite, becoming the second exchange after Hyperliquid to break the $40 billion mark in monthly perps trading volume. This milestone moment instantly propels EdgeX into the spotlight as the world’s 2nd perps exchange, signalling a seismic shift in the global derivative landscape. A Two-Titan Race in Perps Until recently, Hyperliquid stood as the undisputed leader in perpetual trading, which boasts unmatched scalability and liquidity. With EdgeX crossing the $40 billion threshold, the global perps market is now entering a new…

ExchangesAug 29

Animoca joins Antler to bring Japanese anime, manga IP onchain

Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X. Animoca’s co-founder and chairman, Yat Siu, senior adviser Keyvan Peymani, and Ibex Japan partner Sandeep Casi outlined the project during the conference, according to a report by Japanese crypto news outlet CoinPost. Per the report, Casi noted that “90% to 99% of Japan’s IP is lying dormant on the…

BlockchainAug 29

Ethereum Whales Buy Dip With $200 Million in ETH Acquired

With Ethereum joining Bitcoin to lead the broad crypto market downturn, the altcoin has seen its price plunge deeper over the past days. However, whale activity on the coin appears to remain on the high side as data from Arkham Intelligence firm shows two whales loading up heavily on Ethereum. The data shows that two newly created whale addresses have collectively acquired approximately $200 million worth of Ethereum (ETH) in a single purchase, sparking discussions across the crypto community. The transaction saw Ethereum birthing new whales despite the market slump, as the source revealed that the fresh wallets acquired about…

EthereumAug 29

Unpacking His Astounding $15.5M Ethereum Ecosystem Strategy

BitMEX co-founder Arthur Hayes has once again captured the attention of the crypto world with his recent, significant moves. His latest spree highlights a remarkable focus on the Ethereum ecosystem, signaling a strategic direction that many investors are keen to understand. These notable Arthur Hayes crypto investments offer a fascinating glimpse into the mind of a prominent industry figure. What Are Arthur Hayes’ Latest Crypto Investments? On-chain analysis reveals Arthur Hayes recently acquired 7.66 million BIO tokens, a purchase valued at approximately $1.1 million. This specific acquisition is just one part of a much larger investment strategy. Since August 10,…

RegulationAug 29

Kaia-based USDT: Oobit Revolutionizes Digital Payments

The world of cryptocurrency payments is constantly evolving, always seeking faster, cheaper, and more efficient ways to transact. A significant step forward has just been announced, set to transform how we think about digital money. Oobit, a prominent cryptocurrency payment application, now proudly supports Kaia-based USDT, opening up exciting new possibilities for users globally. This pivotal integration means that Tether’s widely used stablecoin, USDT, can now leverage the high-performance Kaia network directly within the Oobit app. This development promises to streamline digital currency transactions, making them more accessible and user-friendly than ever before. What Does Kaia-based USDT Support Mean for…

ExchangesAug 29

Rally Could Trigger Massive Liquidations

Ethereum is under pressure as volatility spikes, with the price recently slipping below the $4,300 mark. After weeks of strong momentum and multi-year highs, bulls are now struggling to defend support zones. The loss of this level raises concerns about a potential deeper correction, though fundamentals remain firmly bullish. Institutional adoption continues to provide strong tailwinds, with major firms increasing exposure to Ethereum through ETFs, treasury strategies, and on-chain accumulation. This steady demand reflects growing confidence in ETH’s long-term role within the digital asset ecosystem. At the same time, Open Interest has been rising sharply, highlighting a surge in speculation…

EthereumAug 29

Nasdaq opens lower after tech stock rout, Bitcoin dips

Nasdaq opened lower on Wednesday as stocks looked to steady after tech stocks led a rout that had major gauges slipping ahead of Federal Reserve meeting minutes and a key economic event this week. Summary Nasdaq Composite opened lower on Wednesday, with the tech heavy index shedding 0.5% in early trades. Stocks were showing weakness as investors awaited Federal Reserve’s minutes. Bitcoin traded near $113,000 having fallen sharply along tech stocks. The Dow Jones Industrial Average opened about 60 points higher and the S&P 500 hovered just below the flat line, down 0.15%. However, the tech-heavy Nasdaq Composite opened more…

RegulationAug 29

XRP Becomes Top 3 Coin on Major US Exchange Kraken's Top Crypto List

Major U.S.-based cryptocurrency exchange Kraken has published a list of its top six most popular cryptos among customers. XRP is among those six, surpassing Solana and Binance Coin in this metric. XRP beats other top altcoins on Kraken According to a recent X post published by U.S.-based Kraken crypto trading platform, XRP now brags about getting on the top six list of most popular coins on it. While the first two places are traditionally occupied by Bitcoin and Ethereum, XRP follows ETH, getting ahead of such prominent assets as BNB and SOL. Most popular on Kraken today 💜 pic.twitter.com/zXCb3emUIO —…

ExchangesAug 29