Author: NBTC

Ether traders on social media are more optimistic after the token’s price saw a slight bump on Thursday, even as the rest of the crypto market remained fearful amid a wider downturn. The uptick in bullish comments on social media was sparked after Ether (ETH) nearly reached $3,500 on Thursday, which traders interpreted as a positive sign that the token was back on track, market intelligence platform Santiment said in an X post. On average, Santiment recorded 2.7 bullish comments for every one bearish comment on Ether, which was the highest positive bias since July. “Ethereum traders have quickly pivoted…

The United States is reportedly in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests. Department of Commerce officials are exploring investing in quantum computer technology using funds earmarked for the CHIPS Act to remain competitive with China, Bloomberg reported on Thursday. The officials signaled that the government wants something in exchange for the financing, which could include a stake in the companies, the sources said. The US government offered a similar deal to chip manufacturer Intel in August 2025, when it took a 10% stake in the company, CNBC reported. However,…

Canada is set to introduce legislation regulating fiat-backed stablecoins under its federal budget for 2025, following the footsteps of the US, which passed landmark stablecoin laws in July. Stablecoin issuers will be required to hold sufficient reserves, establish redemption policies and implement various risk management frameworks, including measures to protect personal and financial data, according to the government’s 2025 budget released on Tuesday. The Bank of Canada would allocate $10 million over two years, starting in the 2026-2027 fiscal year, to ensure everything runs smoothly, followed by an estimated $5 million in annual costs that will be offset from stablecoin…

On-chain analysts suggest October’s $19B crypto crash may have been triggered, or targeted, through Binance’s own pricing system. Key assets like USDe, wBETH, and BnSOL collapsed only on Binance. Some experts now believe the event was a coordinated hit exploiting Binance’s margin structure, not just a system glitch. A 40-minute window on October 10 turned into one of the biggest crypto liquidations ever – over $19.3 billion wiped out in hours. Prices of wrapped assets on Binance suddenly collapsed, triggering mass liquidations and confusion across the market. Binance called it a technical glitch. But on-chain analysts say the timing, data,…

Equilibria, a DeFi yield-optimization platform, has unveiled the mRe7YIELD pool. With the launch of the mRe7YIELD pool, which comes from Midas RWA, Equilibria is offering the peak $vePENDLE boost with the provision of over 20% APY to benefit stablecoin investors. As mentioned by Equilibria on its official X account, the new offering permits investors to seamlessly monitor the performance of yield strategies that are deployed in on-chain markets. Additionally, with the integration of the $vePENDLE boost, clients can leverage substantially improved returns, making the pool distinct from the normal yield offerings. mRe7YIELD from @MidasRWA has landed on Equilibria with maximum…

According to CoinDesk Research’s technical analysis data model, ether ETH$3,372.41 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers overwhelmed buyers at crucial price points. ETH posted a lower-high structure, with rejection near $3,415, followed by a sharp breakdown below $3,400. Volume spiked as bears took control, reinforcing the bearish technical setup. Yet on-chain data revealed a surprising divergence: large holders accumulated 394,682 ETH—worth approximately $1.37 billion—during the decline. Whale activity occurred between $3,247…

The U.S. Commerce Department said on Thursday it’s not in talks with quantum computing companies about taking any ownership in exchange for federal money. A spokesperson told CNBC, “The Commerce Department is not currently negotiating equity stakes with quantum computing companies.” That flat-out denial came after the Wall Street Journal reported that the Trump administration had supposedly opened talks with companies like IonQ, Rigetti Computing, and D-Wave Quantum. Despite the denial, traders didn’t wait. They hit the buy button. On Thursday, Rigetti and IonQ shares jumped 7% each. D-Wave Quantum flew even higher with a 13% gain. Quantum Computing Inc.…

Key Highlights Senator Lummis declared that new digital asset market structure legislation is a historic and “the most important piece of digital asset legislation” Comprehensive legislation, including the CLARITY Act in the House and a draft bill in the Senate, aims to create clear rules by dividing oversight between the SEC and CFTC This new regulatory development is expected to trigger massive integration of digital assets by traditional financial institutions In the latest post on X, Senator Cynthia Lummis of Wyoming declared that a new digital asset market structure bill is “the most important piece of digital asset legislation in…

In a new announcement to its users, Binance announced that some margin trading pairs will be removed from the platform as of 09:00 on November 6, 2025. Binance to Remove Five Margin Trading Pairs on November 6th Cross margin pairs to be removed include PEOPLE/BTC, SCR/FDUSD, and IOTX/BTC, while isolated margin pairs include PEOPLE/BTC, SCR/FDUSD, RARE/BTC, OM/BTC, and IOTX/BTC. According to Binance’s statement, effective immediately, users will no longer be able to transfer their holdings in these currency pairs to isolated margin accounts, either manually or automatically. However, users with outstanding debt will only be able to transfer funds up…

Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse. MN Trading Capital founder Michael van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a “little deeper than expected.” “Still a great area to accumulate positions on ETH,” he added. Ether traders eye $5,000 before year-end Ether is down 13.61% over the past seven days, falling as low as $3,099 on Tuesday before recovering to $3,337 at the time of publication, according to CoinMarketCap. Pseudonymous crypto trader Ash Crypto said ETH’s price “looks…