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.

Binance Joins Mainnet for Crucial Decentralization

The cryptocurrency world is buzzing with a significant development: Mantra, a pioneering real-world asset (RWA) tokenization platform, has announced that Binance, one of the largest cryptocurrency exchanges globally, has officially joined its mainnet as a Mantra validator. This strategic move marks a pivotal moment for Mantra, signaling a strengthened commitment to robust infrastructure and broader decentralization within the blockchain ecosystem. For those unfamiliar, Mantra is at the forefront of bringing traditional assets like real estate, art, and commodities onto the blockchain, transforming them into digital tokens. This process, known as RWA tokenization, aims to unlock liquidity, enhance transparency, and enable…

BlockchainAug 11

Next Ethereum (ETH) Wave to $5,600? Price Wave Theory

After a strong breakout from the consolidation range, Ethereum rose above $4,200, creating a possibility of entering the third wave of its price cycle, which is frequently the most aggressive and prolonged stage in Elliott Wave Theory. If this scenario turns into reality, ETH may be aiming for a run toward $5,600, which is in line with Fibonacci projections and typical wave extension targets. Technically speaking, the rally in ETH has been bolstered by a clear break above the psychological $4,000 barrier and a robust volume spike that is among the highest daily trading spikes in months. While the RSI…

EthereumAug 11

Kyrgyzstan registers crypto transactions worth $7 billion

The volume of crypto asset transactions in Kyrgyzstan has reached $7 billion, according to the head of the nation’s state-controlled investment agency. The official announced the figure at a meeting with the top U.S. representative in his country, during which cryptocurrency was among the main topics. The news comes after recent reports indicating the former Soviet Republic is being used by Russia to bypass war-related sanctions, including by trading through its crypto exchanges. Kyrgyzstan unveils total value of domestic crypto transactions The digital economy, and the crypto market in particular, was the focus of recent talks between the Director of…

RegulationAug 11

Bridging Blockchain and IoT Across Industries

Jasmy, a Japanese blockchain platform centered on secure data management and Internet of Things (IoT) integration, has forged a series of partnerships that anchor its position in the decentralized technology landscape. By collaborating with established corporations and innovative players, Jasmy extends its reach across industries like automotive, consumer electronics, and customer service. This article examines some of Jasmy’s most significant partnerships, detailing their scope, objectives, and potential impact on the platform’s ecosystem. Each collaboration reflects Jasmy’s focus on leveraging blockchain for secure, user-centric data solutions. Panasonic: Building a Web3 IoT Platform In March 2024, Jasmy announced a partnership with Panasonic…

BlockchainAug 11

Ethereum (ETH) 200% Rally Stuns Legendary Trader Peter Brandt: Details

Ethereum (ETH), the second largest cryptocurrency by market capitalization, hit $4,326 on Saturday, its highest since December 2021, in a four-day rally fueled by massive short liquidations. Ethereum saw a breakout above $4,000 for the first time since December 2024 on Friday, which set the stage for a higher move. The second-largest cryptocurrency was trading at $4,190 at press time, marking a 20% weekly gain. Taken from its April 9 low of $1,383 to Saturday's high of $4,326, the ETH price is up nearly 213%, boosted by surging investor flows into Ethereum spot exchange-traded funds and growing demand from companies…

EthereumAug 11

Cango’s Bold $19.5M Georgia Acquisition Signals Massive Growth

The world of digital assets just got a significant shake-up! Cango Inc. (NYSE: CANG), a company traditionally known for its automotive services, has made a bold move, stepping firmly into the realm of cryptocurrency with a major acquisition. They recently announced the purchase of a fully operational 50-megawatt Bitcoin mining facility in Georgia for a substantial $19.5 million. This strategic investment, often referred to as a landmark Cango Bitcoin acquisition, marks a pivotal moment for the company, signaling a clear push towards owning energy infrastructure and expanding its footprint in the burgeoning crypto sector. Why Cango’s Bitcoin Mining Facility Acquisition…

MiningAug 11

Chainlink Teams Up With NYSE-Parent ICE to Bring Forex, Precious Metals Data On-Chain

Chainlink has teamed up with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to bring foreign exchange and precious metals pricing data to blockchain networks. The partnership adds ICE’s Consolidated Feed, a dataset sourced from over 300 exchanges and marketplaces worldwide, to Chainlink Data Streams, which serve over 2,000 on-chain applications, financial institutions and infrastructure providers. By incorporating ICE’s data, Chainlink aims to deliver pricing feeds that meet the accuracy and latency requirements of traditional capital markets. That standard could help support a new generation of tokenized assets, automated settlement systems and other institutional-grade blockchain applications.…

BlockchainAug 11

Ethereum Supply Reaches All-Time High – Here’s What It Means and What to Expect

Cryptocurrency analysis firm CryptoQuant announced that Ethereum's circulating supply has reached a historic record, exceeding 121 million ETH. This level came almost three years after the network reached a supply of 120 million ETH on August 22, 2022. Ethereum currently generates approximately 2,500–3,000 ETH per day. This indicates a stable issuance rate despite protocol changes and upgrades over time. However, the circulating supply is determined not only by issuance but also by the staking mechanism. Every ETH deposited into a staking contract is removed from circulation, slowing net supply growth and acting as a brake on token inflation. Currently, the…

EthereumAug 11

Tax Shock to Bitcoin from a Country with Millions of Cryptocurrency Users!

According to Reuters, the Indonesian Ministry of Finance announced that the tax rate on cryptocurrency transactions will be increased starting August 1. According to new regulations from the Indonesian Ministry of Finance, cryptocurrency transactions will be taxed starting August 1, and transactions made on overseas exchanges will be taxed at a higher rate. The tax rate for sellers on domestic platforms will be increased from 0.1% to 0.21%, and for sellers on international platforms, the rate will be increased from 0.2% to 1%. The value added tax (VAT) on Bitcoin and cryptocurrency mining will also rise from 1.1% to 2.2%.…

RegulationAug 11

Will $4,300 Resistance Cap the Next Leg Up?

At 3:15 p.m. Eastern time, ethereum’s price stands at $4,250, supported by a market capitalization of $510.70 billion and a 24-hour trading volume of $32.21 billion. The day’s intraday range has fluctuated between $4,172.29 and $4,315.64, reflecting the heightened volatility and active participation across time frames. Ethereum The daily ethereum (ETH) chart reveals a strong bullish rally extending from approximately $2,500 to the recent peak at $4,336. However, the current price action shows a small red candle after this significant upward movement, suggesting possible short-term exhaustion. Key support lies between $4,000 and $4,050, marking the last consolidation area, while resistance…

EthereumAug 11