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 Oracle Tom Lee Shares New Record Prediction for ETH Price

Fundstrat co-founder Tom Lee, while evaluating the rise in the markets after the Consumer Price Index (CPI) data announced in the US came in better than expected, said that Ethereum has the potential to even surpass Bitcoin in the long run. Speaking to CNBC, Lee stated that the strong liquidity environment will be positive for the financial sector, small-cap stocks, and cryptocurrencies, saying, “Ethereum has surged 28% this year, outperforming Bitcoin. According to our research, Ethereum could be the biggest macro trade of the next 10-15 years.” Lee explained that this optimism stems from the growth of the stablecoin ecosystem…

EthereumAug 20

Brokers are losing clients by ignoring cryptocurrencies

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As cryptocurrencies are coming out of the shadows, brokers’ clients become more interested in crypto investing than ever before — nearly all surveyed financial advisors report that customers are asking about crypto investments. Among wealthy investors, in particular, high-net-worth individuals, this interest is even stronger — оn average, they already put around 15% of their portfolios into alternative assets like cryptocurrencies. Summary Most brokers are missing the mark on crypto — only 35% offer direct access, despite…

RegulationAug 20

Backpack Exchange Launches Daily Proof of Reserves Verified by OtterSec

Key Highlights: Backpack Exchange to publish Proof of Reserve daily. The reserve ratio is 100.42%, this indicates that there are more reserves than customer balances. The assets are diversified across SOL, USD, BTC and ETH, which ensure strong liquidity. Backpack Exchange, a well-known name in the field of cryptocurrency after the collapse of FTX, has announced that it will be publishing its Proof of Reserves every single day, verified and built by the acclaimed blockchain security firm OtterSec. This development will shape the way exchanges develop transparency and trust amongst its users. This move by Backpack Exchange shows that it…

ExchangesAug 20

Bitcoin Hashrate, Mining Difficulty Soar While Fees Sink: BlocksBridge

Even as Bitcoin cools off from its new all-time high, activity on the network has surged, pushing mining difficulty to fresh highs. The Bitcoin network difficulty now stands at a record high of 129 trillion. That’s a 6.4% increase over the past 90 days, according to CoinWarz. The difficulty was nearly this high in early June, when it inched past 126 trillion for the first time ever. The higher the difficulty the harder it becomes for miners to successfully add new blocks and earn rewards. There may be some relief coming. The difficulty, which adjusts automatically roughly every two weeks,…

MiningAug 20

Circle Acquires Malachite to Power Its Upcoming Arc Blockchain

Stablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from software development firm Informal Systems, according to a Monday press release. Several people from Informal Systems will join Circle as part of the acquisition. The firms didn't reveal details about pricing. The deal comes as Circle, the company behind the $65 billion USDC (USDC) token, announced last week it's building its own layer-1 blockchain designed for stablecoin finances, a recent trend among asset issuers aiming to capitalize on the booming sector. Stablecoins, a set of cryptocurrencies with prices tied to an…

BlockchainAug 20

Major Ethereum ICO Whale Goes on Selling Spree Amid $18,970,000 Profit

An early Ethereum ICO investor has moved to sell a fresh batch of his stash as prices trade near multiyear highs. Blockchain records show the wallet, which bought 100,000 ETH during the 2014 ICO for about $31,000, sold 4,283 ETH. This recent transaction, according to Lookonchain data, is worth roughly $18.97 million. Ethereum whale's sales since 2021 It is worth noting that the same address has been selling consistently since 2021. In total, it has offloaded 44,284 ETH over the last few years at an average price of $2,378. These sales have brought in around $105 million in profit. Despite…

EthereumAug 20

Here’s what Trump executive orders has in store for crypto

The order dubbed ‘401k crypto Trump’ have raised the crypto market by 2.7%, as the bill would allow retirement accounts to invest in digital assets alongside other types such as real estate and private equity. Summary 401k crypto Trump’ has allowed for cryptocurrency and other digital assets to be added to American retirement accounts. President Trump’s executive order could unlock part of the nearly $9 trillion invested by U.S. citizens, injecting long-term capital into the market Although the order is still fresh, the executive order managed to boost the overall crypto market cap by 2.7% On August 7, President Donald…

RegulationAug 20

OpenEden and Binance Wallet Launch Six-Week, 20 Million EDEN Token Airdrop

Key Notes OpenEden's airdrop allocates 2% of total supply through a three-phase program requiring 61+ Binance Alpha Points. The real-world asset tokenization company founded in 2022 specializes in tokenized US Treasury Bills partnerships. Eden Network's dormant EDEN token surged 251% from confusion despite being completely separate from OpenEden's project. OpenEden and Binance Wallet have launched a six-week airdrop campaign for the EDEN token. The program allocates 20,000,000 EDEN tokens, equivalent to 2% of the token’s total supply, to Binance Wallet users who complete specific tasks. The campaign starts on August 18, 2025. Also, the token price of a crypto project…

ExchangesAug 20

What Are Gas Fees in Crypto and Why Are They Necessary?

Introduction A large majority of people in the cryptocurrency market use centralized exchanges to buy and sell coins or to perform trades. On these exchanges, transactions follow the order books and exchanges charge fees when the orders are filled. This is not the case on decentralized exchanges like Uniswap, PancakeSwap, etc. There is no concept of order books on these exchanges. Buying and selling occurs through Automated Market Makers (AMMs). Transactions are charged for a fixed amount, which is called the gas fee. What is Gas Fee? Gas fee is the amount of cryptocurrency you pay to a blockchain network…

BlockchainAug 20

Massive $33.86M Ethereum Transfer Sparks Market Interest

The cryptocurrency world is abuzz with recent large-scale movements from a wallet believed to belong to HashKey Capital. Just hours ago, a significant Ethereum transfer caught the attention of market observers. This particular wallet moved 7,300 ETH, valued at a staggering $33.86 million, directly to Binance. Such substantial ETH movement often signals potential shifts in market dynamics, prompting many to wonder about the underlying intentions behind these transactions. What Triggered This Significant HashKey Capital Wallet Activity? According to blockchain analytics firm EmberCN on X, the latest transaction involved a wallet strongly suspected of being linked to HashKey Capital. This single…

EthereumAug 20