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.

Ethereum bag holders will rotate back to Bitcoin: Samson Mow

Bitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. However, historical market cycle patterns could indicate otherwise. “Most ETH holders have a lot of BTC (ICO/insiders) and they are rotating that BTC into ETH to pump it on new narratives (Ethereum Treasury co’s),” said the CEO of Bitcoin adoption firm JAN3 on Sunday. He added that once Ether (ETH) is high enough, “they’ll dump their ETH, creating new generational bagholders, and then rotate the gains back into BTC.” “No one wants ETH in the…

EthereumAug 11

The Protocol: Ethereum Turns Ten

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum At 10: Where Next For The World Computer? Linea to Burn ETH With Every Transaction in Bold L2 Upgrade Solana Players Unveil ‘Internet Capital Markets’ Roadmap Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026 Network news 10 YEARS OF ETHEREUM: When Ethereum launched on July 30, 2015, it set out to be more than just another cryptocurrency. It aimed to expand the boundaries of blockchain technology itself.…

RegulationAug 11

What Will Happen to Bitcoin Price After Today’s FED Decision and Tomorrow’s PCE Data Release?

Bitcoin remains stable around $118,000 ahead of the Fed's interest rate decision to be announced today. Markets are widely expected to hold interest rates steady at this meeting, with the focus on Fed Chair Jerome Powell's remarks and Personal Consumption Expenditures (PCE) inflation data due tomorrow. While the CME FedWatch tool shows a very high probability of no change in interest rates, “no change” contracts on the Polymarket were traded at over 90% before the meeting. “Markets are bracing for a double whammy this week: a Fed decision that is expected to remain largely steady, and a critical PCE data…

RegulationAug 11

Stablecoin payments soar past $5T while FX fees fall behind

New data from Visa and blockchain analytics firm Allium shows that stablecoins transactions have eclipsed $5 trillion across one billion payments this year. These tokens are now jointly worth 47% more at a value of $255 billion since Donald Trump was declared the victor in the 2024 U.S. presidential election last November. Analysts linked the jump to investor excitement, greater regulatory clarity, and new corporate use cases. Stablecoins are finally delivering on their long-touted promise: offering a faster, simpler, and cheaper alternative to outdated payment systems. This shift is especially transformative for countries sidelined by major banks and payment networks,…

ExchangesAug 11

Coinbase/JPMorgan Deal Signals Shift in Institutional Posture Towards Crypto: Bernstein

Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major U.S. banks, according to a note on Wednesday from brokerage firm Bernstein. Rather than competing with crypto platforms, JPMorgan is choosing to integrate with them, signaling a shift in how legacy institutions approach digital assets, analysts led by Gautam Chhugani wrote. The move is especially notable given JPMorgan CEO Jamie Dimon’s past criticism of crypto, marking a broader…

RegulationAug 11

Top U.S. Exchange to Give Away XRP to One Lucky Winner, Hints at Something Big Coming in Weeks

Leading U.S. exchange Gemini has announced plans to give away XRP tokens to one lucky follower. This announcement came via Gemini’s official social media handle on X, revealing plans to give away 305 XRP tokens — equivalent to $1,000 — to one person. According to the post, the exchange is organizing this giveaway to “celebrate the future of finance.” Context of the XRP Giveaway Celebration Notably, this move came as the price of XRP surged back into the $3 range, reaching $3.36 after previously dipping to $2.90 this week. Gemini stated that it would select and notify the winner by…

ExchangesAug 11

Bitcoin Holds Steady as Fed Leaves Interest Rate Intact

Bitcoin traded ticked down slightly after the U.S. central bank left the Federal funds rate intact as analysts had widely expected amid uncertain inflation readings and the Fed's cautious rhetoric in recent months. BTC was recently trading at $117,777, off 0.1% over the past hour, according to crypto markets data provider CoinGecko. The largest cryptocurrency by market capitalization is down about 4% since hitting a record high near $123,000 two weeks ago. Ethereum, the second largest digital asset by market value, was changing hands at 3,809, a 0.4% increase since Tuesday, same time. ETH has been outperforming BTC and other…

RegulationAug 11

BanXchange Teases Major Platform Upgrade on XRP Ledger

BanXchange has suggested a significant new improvement. The XRP Ledger will form the basis of the company. This ledger is also fast, secure and cheap to transact in. The initiative focuses on the advantage of the retail and institutional users. There is anticipation of an official announcement of the same in coming week. Anticipations are growing by day to day. Market analysts hold the view that this update could trigger increased rates of adoption. Investors have already speculated on the potential effect. There are hopes that the upgrade will introduce new token usages. BanXchange has not disclosed the entire technical…

ExchangesAug 11

Source Close to the Fed Comments on Interest Rate Decision and FOMC Statement – Here’s What You Need to Know

The Fed held its policy rate steady at 4.50% at its July meeting, in line with expectations. This marked the fifth consecutive meeting where the Fed kept interest rates unchanged. Following the interest rate decision, short-term fluctuations in spot gold, silver, and the US dollar index (DXY) were limited. Markets interpreted the Fed's statements as cautious but without surprises. The Fed's Open Market Committee (FOMC) statement stated, “Inflation remains elevated.” Furthermore, the phrase “decreasing uncertainty” from the previous meeting's statement was removed. This change was interpreted as a message that uncertainty in the economic outlook persists. Other important highlights are…

RegulationAug 11

Fed Chairman Jerome Powell Makes Statement Following Interest Rate Decision – LIVE

After the Fed left interest rates unchanged and two Fed members voted against it, Chairman Jerome Powell made a statement and answered questions live on air. Here are all the highlights from Powell's speech: The economy is in a solid position. Inflation is slightly above targets. The current policy stance puts us in an advantageous position. The Fed remains focused on its dual mandate objectives. Indicators show that economic growth is slowing. The slowdown in growth reflects a slowdown in consumer spending. Housing sector activity remains weak. The unemployment rate remains low and within a narrow range. Labor market conditions…

RegulationAug 11