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.

Stocks largely flat as Citi raises S&P 500 target

Stocks saw an upbeat opening on Monday, with markets showing further resilience amid a fresh forecast for the S&P 500 by strategists at Citigroup. Summary Stocks were mixed on Monday, with major indices hovering near the flatline as investors targeted more gains. Citigroup Inc. strategists have raised the 2025 target for the S&P 500 to 6,600 and 6,900 for mid-2026. Dow Jones Industrial Average opened 67 points up, while the S&P 500 added 0.01% and Nasdaq Composite hovered at the flatline. While stocks are largely flat, the slightly upbeat opening puts Wall Street on course for a winning start to…

RegulationAug 18

MoonPay to Power Trust Wallet’s ‘Buy Crypto’ Flow Under New Multi-Year Agreement

MoonPay, the global crypto payments firm, and Trust Wallet, the world’s leading self-custody wallet, announced a multi-year strategic partnership today that will make it easier for millions of users to move between fiat and crypto inside the Trust Wallet app. Under the deal, MoonPay will serve as a primary provider for Trust Wallet’s “Buy Crypto” function for the next two years, starting with the United States. The arrangement builds on a relationship that began in 2020, when Trust Wallet first integrated MoonPay’s on-ramp, and later expanded to off-ramp capabilities in 2023. The expanded integration is already live for users. Making…

ExchangesAug 18

BitMine becomes the first company to surpass 1M ETH holdings worth over $5B

BitMine has become the first corporate treasury to surpass 1 million Ethereum (ETH) in holdings after its stash climbed to 1.17 million ETH on Aug. 15, valued at over $5 billion. The firm added 317,126 tokens worth approximately $2 billion in a single week. BitMine chairman Tom Lee said on August 4 that the firm intends to move with “lightning speed” in its pursuit to acquire 5% of ETH’s total supply. Notably, the company launched its treasury strategy on June 30, growing from zero to over 1 million ETH in a little over a month. Treasury competition accelerates BitMine now…

EthereumAug 18

Circle Stock ETF Unleashes Powerful 2x Leveraged Opportunity for Crypto Investors

A groundbreaking development has just hit the financial world, particularly for those eyeing the burgeoning digital economy. U.S. asset managers Rex Shares and Tuttle Capital Management have officially launched the T-REX 2X Long CRCL Daily Target ETF, trading under the ticker CBOE: CCUP. This new fund offers a unique opportunity for investors seeking amplified exposure to Circle Internet Group’s stock. It is indeed a significant step for the Circle stock ETF landscape. What Does a Leveraged Crypto ETF Offer? The T-REX 2X Long CRCL Daily Target ETF is designed to deliver twice the daily return of Circle Internet Group’s stock.…

RegulationAug 18

Bitcoin's Rise Also Reflected on Crypto Exchanges! Significant Increases in Trading Volumes! Here Are the Details

Coingecko data revealed that Binance's spot trading volume rose 61.4% to $698.3 billion in July compared to the previous month. Binance Spot Trading Volume Increases 61.4% in July, Reaching $698.3 Billion This surge came at a time when Bitcoin reached an all-time high, pushing Binance's share of the global spot trading market to nearly 40%. Binance's performance far surpassed its closest competitors. In July, MEXC ranked second with an 8.6% market share and $150.4 billion in trading volume, while Gate came in third with a 7.8% market share and $137.2 billion in trading volume. Binance's trading volume even surpassed the…

ExchangesAug 18

Spot Ether ETFs post outflows after 8-day $3.7B inflow streak

Spot Ether exchange-traded funds (ETFs) closed the week with outflows after a nearly two-week streak of significant inflows. On Friday, US-spot Ether (ETH) ETFs saw $59.3 million in outflows, bringing an end to their eight-day inflow streak that added roughly $3.7 billion to the products, according to Farside data. ETFs are an important analyst signal for Ether price It comes as Ether fell just 1.94% short of reclaiming its 2021 all-time high of $4,878 on Thursday, before retracing down to $4,448 at the time of publication, according to CoinMarketCap. The end of the eight-day inflow streak is a key indicator…

EthereumAug 18

Billionaire Ray Dalio names one investment to avoid in 2025

Billionaire investor and Bridgewater Associates founder Ray Dalio has cautioned that real estate may not be an effective investment in 2025, warning the sector could struggle to deliver strong returns. According to Dalio, the current economic climate makes property ownership less attractive compared to other investment options. In an X post on August 11, he pointed to the asset’s heightened sensitivity to interest rates, noting that rising or elevated rates could erode values in real terms despite persistent inflation concerns. Dalio also highlighted the tax burden as a key drawback. Since real estate is a fixed and tangible asset, it…

RegulationAug 18

Next Distribution Set on 30th Sep After Today’s Record Date

Ahead of the September 30, 2025, next distribution for FTX funds, the set date for the record date by FTX Recovery Trust is today, August 15. Popular FTX creditor advocate Sunil urged the creditors to look into and confirm the status of their claims. The distribution applies to holders of Class 5 Customer Entitlement Claims, Class 6 General Unsecured Claims, and outstanding Convenience Claims. The FTX victims must pass today’s record date to receive resolved disputed claims. Notably, the Bankruptcy Court authorized the FTX Recovery Trust to slash the disputed claims by nearly $2 billion to about $4.3 billion. Next…

ExchangesAug 18

ETH Whale Grows $125K to $300M Through Hyperliquid Long Strategy

A trader has turned a modest $125,000 into a staggering $300 million through a bold Ethereum long strategy on decentralized exchange Hyperliquid. Blockchain monitoring by @EmberCN revealed the account first funded two addresses in April, withdrawing from ChangeNOW and KuCoin to begin building a leveraged position. The first trade opened at $1,490, right at Ethereum’s yearly low. By steadily adding to positions with profits, a technique traders describe as “rolling” or snowballing. The account grew its holdings from a few hundred ETH to 66,000 ETH. The most recent increase was added just yesterday morning. At today’s levels, the trader sits…

EthereumAug 18

U.S. national debt crossed the $37 trillion mark. Will the U.S. pay it off? Can crypto help?

The U.S. debt continues to grow steadily, reaching $37 trillion. The White House’s attempts to cut spending and boost revenue through tariffs have yet to slow the pace of this growth. Cryptocurrency advocates suggest that digital assets could play a role in tackling the national debt problem. But what are the chances the U.S. can pay it off, and can crypto help? Summary U.S. national debt reached $37 trillion, while Congress raised the debt limit by $4 trillion Tariff revenues and spending cuts in several spheres don’t seem to impact the U.S. debt situation that much Proposed Bitcoin Act and…

RegulationAug 18