Making sense of crypto.
NBTCNEWS

Author: 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.

Etherlink Bridges Bitcoin and Stablecoins to Ignite a Tezos-Centric DeFi Revolution

The past year or two have seen Etherlink (an EVM compatible L2) catalyze a major growth spurt across the Tezos ecosystem; thanks, in large part, to its inheritance of the latter’s security and governance framework alongside several Ethereum-like development tools. Most recently, Etherlink announced a series of collaborations to help spur DeFi activity on Tezos, with one of the most important ones being its partnership with Bitcoin capital markets provider Lombard Finance. To elaborate, the firm deployed its flagship offering (a liquid staking token called ‘$LBTC’) atop the network, enabling holders to maintain their Bitcoin exposure while earning staking rewards…

Ethereum (ETH) Is Close to Breaking a New Record, But Analysts Warn: "Don't Believe Too Much!"

Ethereum (ETH) has undoubtedly been the most notable crypto asset in recent days, as its rally has pushed it past $4,700, approaching its highest level since 2021. Analysts say that the reason behind Ethereum's recent rise is the growing expectation that the Fed will make its first interest rate cut of the year in September. However, one analyst warned investors about the ETH rally. Swyftx chief analyst Pav Hundal warned that Ethereum investors are overly optimistic about US interest rate cuts, but that this optimism may already be priced in and could result in a decline. “The current Ethereum price…

Majority of America’s top 25 banks now signal crypto plans

Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital asset offerings are steadily entering mainstream wealth and capital-markets pipelines. Concrete moves since early 2024 help explain the shift. Morgan Stanley considered letting its 15,000 brokers recommend spot Bitcoin exchange-traded funds (ETFs) to clients, working on guardrails for suitability and allocations, a sign of expanding…

Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets

Robinhood (HOOD) has partnered with Kalshi, a Commodity Futures Trading Commission (CFTC)-regulated and blockchain-based prediction market, to let users trade on the outcomes of NFL and college football games. The betting market will be available through Robinhood's Prediction Markets Hub, available across the U.S. through Kalshi, the popular trading platform said in a blog post on Wednesday. "Customers can now trade on the outcomes of the most popular pro and college football games, including all regular season pro matchups, and all college Power 4 schools and independents," according to the post. Robinhood is positioning the move as an alternative to…

BOB Expands Bitcoin DeFi Access With Reown and WalletConnect Integration

London, UK — BOB (Build on Bitcoin), the gateway to Bitcoin DeFi, has teamed up with Reown and WalletConnect to unlock native Bitcoin wallet support for more than 200 million users worldwide. — The collaboration adds Binance Web3 Wallet, Bitget Wallet, and Unisat Wallet directly into Reown’s open-source AppKit SDK—alongside the 500+ wallets already supported, such as Phantom, Ledger, Leather, and Xverse. The result: a smoother, more scalable user experience for developers and a massive expansion of Bitcoin DeFi’s reach. A UX Upgrade for Bitcoin DeFi Reown’s AppKit SDK already serves as a critical toolkit for Web3 builders, enabling apps…

What Happens if Ethereum Reaches $100,000?

Ethereum is already the backbone of decentralized finance, NFTs, and blockchain-based applications. At the current price of $4,740 and a market cap of $572 billion, it’s the world’s second-largest cryptocurrency. But what if ETH price skyrockets to $100,000? This isn’t just a price milestone — it would reshape global finance, technology, and even macroeconomics. Ethereum Price Prediction: Current Ethereum Snapshot The Ethereum Blockchain Explorer : Etherscan From the latest blockchain data: Price: $4,740.35 (0.038954 BTC, +2.47%) Market Cap: ~$572.2B Transactions: 2.94B total, averaging 19.2 transactions per second Median Gas Price: 0.882 Gwei (~$0.09), indicating highly efficient network performance Transaction Activity:…

South Korea Halts Crypto Lending as Market Leverage Sparks Regulatory Concern

South Korean financial authorities have temporarily suspended new crypto lending services in a direct response to a major liquidation event at a local exchange. This move highlights growing global concerns over excessive leverage in the digital asset market. The decision by the country’s Financial Services Commission (FSC) follows a recent incident at Bithumb, where regulators noted that more than 27,000 customers tapped lending services in June. As market prices swung against them, a full 13% of these users were forced into liquidation. The authorities stated that this pause will last until formal "Virtual Asset Rental Service Guidelines" can be prepared.…

1inch launches Solana-to-EVM crosschain swaps without bridges

Decentralized finance (DeFi) exchange platform 1inch launched crosschain swaps between the Solana network and Ethereum Virtual Machine (EVM) networks, eliminating the need for bridges or messaging protocols in transferring assets across networks. The upgrade went live on Tuesday, launching on 1inch’s decentralized application (DApp), wallet and Fusion+ API, according to an announcement sent to Cointelegraph. The DeFi platform said the new feature allows users to swap assets directly between Solana and over 12 EVM chains in a secure, efficient and MEV-protected manner. The new feature can be described as “industry-first native decentralized crosschain swaps,” according to 1inch. Its co-founder, Sergej…

Ethereum is the ‘biggest macro trade’ for next 10-15 years: Fundstrat

Market strategy and research firm Fundstrat says Ether will be the “biggest macro trade” over the next ten years, as it predicted Ether to rally to as much as $15,000 by the end of 2025. “ETH is arguably the biggest macro trade for the next 10 to 15 years as AI creates a token economy on the blockchain and as Wall Street financializes on the blockchain,” said Fundstrat Capital chief information officer Thomas Lee on Wednesday. Meanwhile, head of digital asset research for Fundstrat, Sean Farrell, said ETH could go as high as $12,000 to $15,000 by year-end, “so there…

Billionaire Ken Griffin Buys Massive Stake in Asset That’s Soared 124% This Year

Billionaire investor Ken Griffin is placing a major bet on a company that’s far outperformed expectations this year. According to a filing with the U.S. Securities and Exchange Commission (SEC), Griffin’s hedge fund Citadel has acquired 3,824,329 shares of NioCorp Developments Ltd (NB), a company advancing critical minerals development in the United States. NioCorp’s flagship project in Nebraska aims to produce rare earth minerals like niobium, scandium and titanium. Citadel’s holdings of NB represent 5.4% of its total portfolio, and 5.2% of the total outstanding shares. NB, with a market cap of just $229 million, is trading at $3.16 after…