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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.

BTC Mining Industry Not Worried About New Round of Trump Tariffs

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Manufacturers of bitcoin mining equipment won't be feeling the pinch of a new round of tariffs the White House has imposed on the semiconductor industry, as the largest chip manufacturers like TSMC and Samsung have an exemption from the new rules due to their investments in the U.S. Officials in Taiwan confirmed to local press that…

Regulation

OKX Hires Former Kraken Regulatory Strategist Marcus Hughes

Cryptocurrency exchange OKX has hired Marcus Hughes as its new vice president and global head of government relations, the company announced on Wednesday. Hughes, who has over two decades of experience scaling regulated businesses, most recently held the role of global head of regulatory strategy at crypto exchange Kraken. Prior to that, he was managing director for Europe and international general counsel at Coinbase. He also serves as a venture partner with U.S. venture capital fund Sentinel Global. A concerted embrace of crypto and blockchain-based assets around the world means large players are faced with navigating a complex web of…

Legal

CMB International Launches 24/7 BTC, ETH, USDT Trading in Hong Kong

CMB International Securities, a unit of China Merchants Bank, has launched virtual asset trading. The service, available through its mobile app, lets qualified investors trade Bitcoin, Ethereum, and USDT anytime. The round-the-clock feature mirrors the nonstop pace of crypto markets. It also marks CMBI’s first major step into digital finance. Investors can now access three of the world’s most traded digital assets directly and securely. First Chinese Bank-Linked Firm with License CMBI is the first securities arm of a Chinese bank to secure a license in Hong Kong for crypto trading. This milestone reflects a clear shift. Traditional finance is…

Exchanges

Analyst Shares Major Bullish Prediction for Ethereum (ETH), Offers Four Scenarios and Four Price Targets

Bitcoin (BTC) has long surpassed its previous ATH of 2021 and is breaking record after record. While BTC is at the center of the market with its performance, Ethereum (ETH) fell behind not only Bitcoin but also other altcoins with its weak performance. While Ethereum still hasn't surpassed its previous ATH of 2021, it has seen a massive rally in recent months. This rise strengthens expectations of ETH reaching a new ATH soon, with one analyst announcing a major bullish forecast for ETH. Pseudonymous cryptocurrency analyst Yashasedu said that based on past bull market trends, Ethereum could surge above $8,500…

Ethereum

Block shares jump 8% as cash app fuels higher profit forecast

Block Inc., led by Jack Dorsey, lifted its full-year gross profit outlook after delivering a stronger-than-expected second quarter. The jump was powered by Cash App’s lending growth and steady payment volumes across its platforms. The company had previously forecast $9.96 billion in gross profit for 2025. News of the appointment caused Block shares to rise 8% in after-market trade in New York on Thursday. Cash App, Block’s peer-to-peer payment and banking platform, pulled in $1.50 billion gross profit for the quarter—an increase of 16% YoY—topping an expected $1.42 billion by analysts. The signature player here was Borrow, a short-term lending…

Regulation

SEC Chairman Paul Atkins Says Few Cryptocurrencies Can Be Considered Securities! Here Are the Details

US Securities and Exchange Commission (SEC) Chairman Paul Atkins reiterated that he is taking a more moderate approach to cryptocurrency regulation compared to the previous administration. SEC Chairman Paul Atkins: “Very Few Token Securities” Atkins noted that only a “very small number” of crypto assets could be considered securities. “The token itself is not a security, and probably not. In my opinion, very few tokens are securities. The key here is how the token is packaged and presented to investors,” Atkins said at the Wyoming Blockchain Symposium on Tuesday. This announcement follows the SEC's launch last month of its “Project…

Legal

Coinbase Team Works 9 a.m. to 9 p.m. on Crucial New Initiative: Brian Armstrong

Brian Armstrong, the chief executive officer of the largest US-based cryptocurrency exchange, Coinbase, has made a significant statement for the crypto community. It seems that Armstrong is copying Elon Musk’s playbook, applying it to Coinbase. Working hard on building "the everything exchange" The Coinbase CEO took to his account on the X social media platform to announce that the team continues to work hard on building the “Everything Exchange,” as he referred to the platform he plans to transform Coinbase into. According to Armstrong, the Coinbase team “surged” in New York, making “progress on the Everything Exchange.” They worked from…

Exchanges

Machine learning algorithm predicts Ethereum price on August 31, 2025

Ethereum (ETH) could be on the verge of smashing its all-time high this month, with advanced AI models forecasting prices above $5,000 by August 31, 2025. Finbold’s AI price prediction tool powered by machine learning models GPT-5, Claude 3.5 Sonnet, and Grok 3 Vision, alongside a suite of technical indicators including MACD, RSI, stochastic oscillators, and both the 50-day and 200-day moving averages, now places Ethereum’s average projected price at $5,067. That represents an 8.42% upside from the current market level of $4,696.5. Each of the models shows strong conviction that Ethereum will maintain its bullish momentum. Claude 3.5 Sonnet…

Ethereum

What Does Adding Bitcoin and Altcoins to Retirement Plans in the US Mean? Analysts Explain

United States President Donald Trump has signed an executive order that will allow Americans to add digital assets like Bitcoin and Ethereum to their 401(k)s, which are retirement accounts. While this development caused a rise in the cryptocurrency markets, analysts say that this could open the door to a long-term rally. Tom Dunleavy, Head of Ventures at Varys Capital, stated that this decision could generate billions of dollars in investment flows into digital assets. “When Americans receive their biweekly paychecks, typically a 1% to 10% cut is transferred to their 401(k) accounts,” Dunleavy said, noting that this money has traditionally…

Regulation

Bithumb Announces Crucial Suspension for Network Upgrade

In the fast-paced world of digital assets, staying informed about exchange announcements is paramount. A significant update for Injective (INJ) holders has emerged from South Korean crypto exchange Bithumb, which recently announced a temporary suspension of INJ deposits and INJ withdrawals. This measure supports an upcoming network upgrade for the Injective blockchain, aiming to enhance its performance and security. Understanding the Injective (INJ) Suspension on Bithumb Bithumb, a prominent crypto exchange, made this announcement via its official website, detailing the specific timeline for the service interruption. Starting at 09:00 UTC on August 19, users will temporarily be unable to move…

Exchanges