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.

Hyperliquid’s 79% DeFi-perps share; Circle’s Arc L1; Paxos wins OCC nod

A weekly chart of Crypto.com Research indicates that Hyperliquid will have ~79% of all the volume of patient sovereign, substantially more than the competitors like Jupiter, Drift, GMX, and dYdX at the beginning of July 2025. Its share growth follows a wider derivatives surge on-chain and decentralized perps volume has reached a record high of about $319B in the month with a monthly increase of about a third. Market and context of DeFi volume July step up will occur as a continuation of an upward trend that has persisted after late 2024 as more flow shifting takes place out of…

ExchangesAug 15

Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war

American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per second (EH/s) of computing power, for about $314 million, according to TheMinerMag. The deal also excluded any potential price increases from the Trump administration’s sweeping trade tariffs and import duties, which will impact Bitmain mining hardware manufactured in China. In response to the tariff pressures,…

MiningAug 15

ETH holds $3.6K as Ethereum daily transactions near all-time high

Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical indicators show neutral momentum, with price consolidating between $3,450 and $3,920. The price remains 30% higher than it was a month ago, even though it has slipped 4.7% over the past week. As buyers and sellers balance out, the current weekly range of $3,380 to…

EthereumAug 15

$ENA, $BR, $SEI Lead Investment Volumes

OKX Ventures has released its newest report on its crypto investment, which details the movement of capital involving big caps and newbies in the crypto space. According to the report conducted by $ENA, the company led in the number of weekly investments with an investment volume of 5.54 million, with a 19.4% price rise, and a market value of $1.86 billion. 💰 @OKX_VENTURES INVESTMENTS BY WEEKLY VOLUME $ENA $BR $SEI $ETHFI $ZRO $ZKJ $USUAL $MYX $ZK $ALT $BB $UXLINK $SHELL $REZ $CARV pic.twitter.com/uTliZnpAdN — PHOENIX – Crypto News & Analytics (@pnxgrp) August 14, 2025 Next $BR recorded a weekly volume…

RegulationAug 15

The Biggest Crypto Cases Dumped by Trump's SEC

The momentum has shifted in the yearslong battle between top crypto companies and protocols and the U.S. Securities and Exchange Commission under the new Trump administration. The regulator, which now has a crypto-friendly chairman in Paul Atkins and a crypto task force led by longtime industry advocate Hester Peirce, is moving away from what Pierce and others have called “regulation by enforcement” to less hostile engagements with crypto. Thus far, those words have rung true with the SEC recently backing away from fights with multiple top crypto companies. Here are the SEC's biggest pivots, reversals, and exits so far under…

LegalAug 15

Spar rolls out nationwide stablecoin and crypto payments in Switzerland

Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the retail sector. The grocery chain is partnering with Binance Pay and Swiss fintech firm DFX.swiss to allow customers to pay with more than 100 cryptocurrencies and stablecoins, according to a Thursday announcement shared with Cointelegraph. The service is already live in 100 Spar stores and will expand to the remaining locations in coming months. A full rollout across the country’s Spar network has no confirmed timeline, a Spar…

ExchangesAug 15

Galaxy's Alex Thorn calls Ethereum L2s 'ETH extractive' amid fee retention concerns

Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1. Thorn added that most L2s are controlled by single companies or foundations, which means “very little value accrues to ETH holders,” and “most L2s don’t even stake back the ETH they collect in fees.” Post EIP-4844 Pointing to post-EIP-4844 dynamics, Thorn noted that aggregate L2 blob confirmation costs and L1 gas spend have…

EthereumAug 15

Is Crypto Market Ready for Rebound?

More than $1 billion was liquidated from the crypto leveraged market today following hotter-than-expected producer cost data. Bitcoin price is likely to rebound to a new ATH after filling the CME gap at around $117.5k. Kalshi traders have made a bet on a Fed rate cut in September despite the hotter-than-expected PPI data. President Donald Trump has discredited the inflation fears caused by Thursday’s hotter-than-expected Producer Price Index (PPI). Trump told reporters on Thursday that inflation is down to a ‘perfect number’ thus rejuvenating hopes for a Fed rate cut in September. “Hardly any inflation at all. 401(k) s and…

RegulationAug 15

Trump Admin Silent as Tornado Cash Verdict Threatens Bitcoin Privacy

Major developments in both the Tornado Cash and Samourai Wallet trials that took place earlier this month may set dangerous precedents for the Bitcoin and crypto industry as a whole. The two defendants who developed Samourai Wallet, a popular Bitcoin privacy app, made a plea deal accepting the charges of being an unlicensed money services business, while Roman Storm, developer of Tornado Cash, an Ethereum smart contract that also unlocked financial privacy for its users, was found guilty on one of three charges — that of being an unlicensed money services business. The irony? Both of these companies were started…

LegalAug 15

Coinbase XRP Holdings Continue to Decline, Now Down 57.4% Since June

Coinbase's XRP reserves have been dropping for months, and new on-chain data show the decline has hit 57.4% since early June. The exchange used to hold almost a billion XRP across 52 cold wallets, but now it is down to about half that, with more big transfers this week. Right now, 10 wallets still hold about 26.8 million XRP each, and another 42 wallets hold about 16.8 million XRP. One of the latest moves saw 16.69 million XRP - worth about $54.83 million - moved from Coinbase Cold Wallet 155 to Coinbase Cold Wallet 10. It was an internal transfer.…

ExchangesAug 15