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.

Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin

A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the SSA in stablecoin adoption, while Ethiopia, Zambia, Mauritius, Kenya, and Ghana saw the biggest increases in stablecoin use. Ethiopia and Zambia both recorded year-on-year (YOY) growth in stablecoin use exceeding 100%. The report cites the Ethiopian birr’s devaluation by 30% in July of last year…

RegulationAug 17

Stunning $10.2M Move from Binance by New Wallet

A significant event recently captured the attention of the cryptocurrency community: a new wallet executed a substantial Chainlink (LINK) withdrawal from the Binance exchange. This particular transaction involved a staggering 455,298 LINK tokens, valued at approximately $10.2 million, moved within a short four-hour window. This LINK whale transaction, as reported by blockchain analytics firm Lookonchain, immediately sparked discussions about its potential implications for the broader crypto market. Understanding such large movements is crucial for anyone tracking digital asset trends, as they often signal shifts in investor sentiment or strategic positioning. What Does a Large Chainlink (LINK) Withdrawal Signify? When a…

ExchangesAug 17

Vitalik Buterin Jokingly Praises US Government for its Role in Ethereum Adoption

Ethereum co-founder Vitalik Buterin recently shared his perspective on the role of treasury companies in the ecosystem, highlighting both their potential benefits and risks. In an interview with the Bankless podcast, Buterin jokingly referred to the U.S. government as his favorite “treasury company,” noting his appreciation for the times when authorities confiscated stolen Ethereum. The pros and cons of treasuries Ethereum treasuries involve companies allocating part of their corporate reserves to Ether (ETH), giving investors indirect exposure to the cryptocurrency. Buterin acknowledged the benefits of this practice, saying treasury firms provide an alternative vehicle for people to access ETH. “Having…

EthereumAug 17

Famed Crypto Whale Machi Big Brother’s $30M Profit on ETH, HYPE, and PUMP

The trading portfolio of famed crypto whale “Machi Big Brother” is back in the black, now showing over $30 million in profit. A look at his top three holdings, Ethereum, Hyperliquid, and PUMP, reveals a mixed bag of performance that perfectly captures the current state of the crypto market. Machi Big Brother(@machibigbrother)’s profits are back — now exceeding $30M. He is long on $ETH, $HYPE, and $PUMP. Current positions: 11,900 $ETH($51M) 500,000 $HYPE($21.68M) 250M $PUMP($907.5K)https://t.co/fk2wRZjZpx pic.twitter.com/PkYpMZzLOM — Lookonchain (@lookonchain) August 12, 2025 Ethereum (ETH): The Stable Anchor Ethereum continues to be the anchor of Machi’s portfolio, with his 11,900 ETH…

RegulationAug 17

Blazpay Partners with Coconut Protocol to Boost Private, Scalable Web3 Payments

Blazpay, an advanced DeFi platform offering next-gen financial services with AI, has partnered with Coconut, a LINE-native L2 blockchain solution. The main purpose of this collaboration is to merge the AI-led DeFi capabilities of Blazpay with the privacy-first, scalable, and rapid L2 infrastructure of Coconut to advance social payments in the Web3 sector. Blazpay’s social media announcement discloses that the development will incorporate stablecoin support for the provision of borderless and seamless payment experiences. Hence, the users can anticipate improved accessibility, scalability, and privacy in DeFi transfers with this move. We’re excited to announce our partnership with@coconutsL2 – the LINE-native…

ExchangesAug 17

Billions in Ethereum Waiting to Be Unstaked Could Add Sell Pressure to ETH: Analyst

Ethereum holders are increasingly lining up to unstake their tokens, a trend that could put significant sell pressure on the cryptocurrency, according to one crypto expert. The Ethereum blockchain's validator exit queue hit 855,158 ETH on Friday—the highest it's ever been, according to validatorqueue.com. The tokens were worth a combined $3.7 billion as of late Friday, according to data provider CoinGecko. Staking is a process by which digital asset holders lock up their tokens to secure a blockchain network and earn rewards. Stakers may choose to unlock and reclaim their crypto amid uncertain market conditions, transferring them to comparatively risk-off…

EthereumAug 17

BREAKING! US Inflation Data Released! What Was Bitcoin's (BTC) Initial Reaction?

The past week has been bullish for leading cryptocurrency Bitcoin (BTC) and altcoins. However, after BTC surged above $122,000 yesterday and failed to hold, BTC and altcoins have experienced significant declines in the last 24 hours. While experts stated that the continuation of the rise in Bitcoin and the market will depend on critical data from the USA, today the critical inflation data that the FED attaches importance to when making interest rate decisions was announced. Here is the data disclosed: Consumer Price Index Annual: Announced 2.7% – Expected 2.8% – Previous 2.7% Consumer Price Index Monthly: Announced 0.2% –…

RegulationAug 17

Someone Moved 3,000,000,000,000 Shiba Inu from Coinbase: Details

Amid the sideways trend of the prominent meme coin Shiba Inu, a user has withdrawn trillions of SHIB from Coinbase, America’s largest crypto exchange. Shiba Inu is down 4% in the past seven days, but for this user, this might just be a temporary corrective phase. His on-chain activities prove so, as data shows he accumulated Shiba Inu worth millions of dollars at a go. Transaction Details Whale Alert highlighted this transaction in a Friday tweet, one that would trigger bullish sentiments around the Shiba Inu ecosystem. Notably, the whale moved 3 trillion SHIB from Coinbase Prime to a self-custody…

ExchangesAug 17

Is It Too Risky to Hold Ethereum at These Levels?

Ethereum is edging close to its all-time high after a powerful rally, but well-known trader Michaël van de Poppe is urging investors to be cautious. In a new market update, he outlined why ETH may be overextended in the short term and why taking partial profits could be the smarter move. Ethereum’s Rally and Mispricing Risks Ethereum has surged over 120% in less than two months, climbing from around $1,500 to above $4,700. Van de Poppe compared the current surge to Ethereum’s 2022 lows when the asset was trading near $1,300 after crashing from $4,800. At that time, the downside…

EthereumAug 17

Crypto captures half of top 20 spots in ETFs launched since 2024

Half of the top 20 exchange-traded funds (ETFs) in the United States are linked to digital assets, underscoring the sector’s growing appeal to investors. On Monday, ETF analyst Nate Geraci said more than 1,300 ETFs have launched since the start of 2024, and crypto-linked assets dominated the top 20 investment products in inflows. These include Bitcoin (BTC) and Ether (ETH) ETFs, funds tracking leveraged ETH positions and Strategy (MSTR) exposure products. Geraci shared data that the top four overall assets by inflows are crypto-related, including BlackRock’s iShares Bitcoin Trust ETF (IBIT), which leads the pack with over $57.4 billion in…

RegulationAug 17