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 Liquidations Top $294 Million As ETH Approaches New All-Time High

Ethereum doubters continued to get rekt Wednesday, with ETH’s continued, remarkable rally triggering hundreds of millions of dollars in short position liquidations. ETH neared $4,700 early Wednesday for the first time since late 2021, pressing on with a surge that has endured, nearly unabated, since the beginning of August. The token has evened out to $4,694 at writing, capping a 7.9% climb in the last 24 hours, and a remarkable 52.7% leap since just a month ago, per data from CoinGecko. Those moves have spelled doom for investors betting on the cryptocurrency’s near-term misfortune. In the last 24 hours alone,…

EthereumAug 20

Donald Trump’s Choice for Vacant Seat on the Fed Has Been Revealed – Here Are His Views on Bitcoin

The White House announced that President Donald Trump is preparing to nominate a new member of the Federal Reserve's board of governors. According to Bloomberg, Trump is considering Stephen Miran, known for his pro-cryptocurrency views, for the critical position. Trump previously appointed Miran to chair the Council of Economic Advisers, a key institution that directly advises the President on domestic and foreign economic policy. Miran's new appointment is seen as a strong signal that a second Trump term will see cryptocurrency technologies more integrated into economic policies. In his past statements, Miran has highlighted the potential of digital assets in…

RegulationAug 20

Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law

The crypto industry is mounting a counteroffensive against Wall Street bankers’ bid to rewrite the U.S.’ new stablecoin law, arguing that attempts to roll back core provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act would tilt the field toward traditional banks. In a letter to Senate Banking Committee leaders dated Aug. 19, the Crypto Council for Innovation and the Blockchain Association urged lawmakers to reject proposals from the American Bankers Association, Bank Policy Institute and state banking groups that called for stripping out Section 16(d) of the law and banning yield programs offered by affiliates…

LegalAug 20

Deposits and Withdrawals Cease October 15

Are you holding Binance NEO tokens? If so, there’s a crucial update you need to know. Leading crypto exchange Binance has officially announced that it will cease all deposits and withdrawals for tokens on the Neo Legacy (NEO) network. This significant change takes effect at 08:00 UTC on October 15. It’s vital for all Binance NEO users to understand the implications and take timely action. What’s Happening with Binance NEO Services? Binance, a global leader in cryptocurrency trading, confirmed its plan to halt support for Neo Legacy network transactions. This means that after the specified date and time, you will…

ExchangesAug 20

Ethereum (ETH) Could Hit $25,000 by 2028, Predicts Standard Chartered

Standard Chartered has upped its Ethereum price targets, according to Walter Bloomberg, setting a new projection of $7,500 for the end of 2025, up from $4,000, and lifting its 2028 year-end forecast from $7,500 to $25,000. The reasoning for the new outlook may be in recently disclosed corporate reserve accumulation plans. Combined targets from several of these companies total $30.4 billion in ETH, compared with $7.59 billion that has already been held. Bitmine is the biggest planned allocation at $22 billion, aiming for about 5% of the total ETH supply. Other companies, like SharpLink Gaming, BTCS Inc., The Ether Machine,…

EthereumAug 20

Billionaire Warren Buffett’s Berkshire Hathaway Dumps $42,867,000,000 in US Treasury Bills – Here’s One Stock He’s Just Piled Into

Warren Buffett has reduced Berkshire Hathaway’s stake in short-term Treasury bills by tens of billions of dollars and is doubling down on one broadcasting company’s stock. New SEC filings show Buffett’s short-term Treasury bill holdings declined by $42.867 billion at the close of the second quarter of the year when compared to December 2024, with total holdings of T-bills now at $243.605 billion. Meanwhile, Berkshire Hathaway purchased 5,030,425 more shares of Sirius XM Holdings (SIRI) last month at around $21 per share, bringing its total holdings of SIRI to 124,807,117 shares. SIRI is trading for $20.97 per share at the…

RegulationAug 20

A Surprising Confession About Bitcoin After 7 Years! "From $100 to $100,000…"

Harvard economist Kenneth Rogoff admitted that the Bitcoin (BTC) predictions he announced in 2018 did not come true. Harvard economist Kenneth Rogoff, who said in 2018 that Bitcoin was more likely to fall to $100 than to rise to $10,000, has admitted he was wrong. “BTC is more likely to fall to $100 than to reach $100,000 in the next decade,” Rogoff told CNBC in an interview in early 2018. “Because BTC is used for money laundering and tax evasion and doesn't function as a transaction medium. If regulations start coming in worldwide, the price will collapse.” However, Rogoff admitted…

LegalAug 20

Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

Immutable and Koin Games today unveiled Project O, a fast, competitive trading card game (TCG) designed from the ground up for mobile play. The title marries deep collection mechanics and character-driven lore with quick, strategy-first matches meant to slot neatly into a player’s day, think the tactical satisfaction of a classic card battler, but at a mobile pace. “Project O is shaping up to be one of the most anticipated releases in gaming, and I think players everywhere have been waiting for something like this,” said Robbie Ferguson, Cofounder & President of Immutable. “It represents a new generation of AAA…

GameFiAug 20

Crypto Exchange Gemini's Losses Explode 580% Before Going Public

Cryptocurrency exchange Gemini revealed a visible surge in losses for the first half of 2025, posting a net loss of $282.5 million compared to $41.4 million in the same period last year, according to its initial public offering (IPO) filing released last Friday. The results paint a challenging financial picture for the company led by billionaire twins Tyler and Cameron Winklevoss, even as they seek to capitalize on a wave of crypto companies going public on Wall Street this year. Revenue also declined during the six-month period, falling to $68.6 million from $74.3 million a year earlier. The widening losses…

ExchangesAug 20

ETH Soars as BMNR Files to Buy $25B

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today's top news: Crypto majors soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH +9% to $4,700 ETHZilla stock (ATNF) pops 300% after ETH buys & Peter Thiel disclosure OKX’s OKB token jumps 130% after announcing a new buyback program Coinbase introduces stablecoin fund to deepen DeFi liquidity and help protocols grow 💰 Tom Lee’s…

EthereumAug 20