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Author: 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.

ETH at a “Fork in the Road” Between ETFs and Utility

As Ethereum marks its tenth anniversary, Jamie Elkaleh, the CMO of Bitget Wallet, believes Ethereum’s next decade won’t be defined just by ETFs or institutional adoption alone, but by how accessible Ethereum becomes for everyday users through their crypto wallets. In a recently published op-ed, Elkaleh explores Ethereum’s transformation from a revolutionary smart contract platform to a globally traded financial asset. However, he warned that without a major change in user experience, the protocol risks becoming detached from its original mission. Ethereum’s “quiet pivot” from utility to a commodity Ethereum has undeniably reshaped the blockchain landscape. It has secured over…

Ethereum

What Does the Latest US Nonfarm Payroll Data Tell Us? Experts Weigh In

US nonfarm payrolls rose by only 73,000 in July, the weakest increase since October 2023. The unemployment rate rose to 4.2 percent. Employment growth in the last three months has been limited to an average of only 35,000 jobs. The labor force participation rate also declined for the second consecutive month. Employment data based on the household survey pointed to a contraction in July. According to experts, this data points to the weakest employment growth since the beginning of the COVID-19 pandemic. The rising unemployment rate, particularly despite declining labor force participation, highlights the weakening of the labor market. Average…

Regulation

Ethereum Foundation Pledges to Match $500K for Roman Storm’s Legal Defense

The Ethereum Foundation announced Thursday it will match up to another $500,000 in donations for Roman Storm's legal defense, just days after the Tornado Cash co-founder was convicted on one of three federal charges that experts say could criminalize code development. "Privacy is normal, and writing code is not a crime,” Wei Wang, co-executive director of the Ethereum Foundation, tweeted. The matching pledge comes as a Manhattan jury on Wednesday found Storm guilty of conspiring to operate an unlicensed money transmitter but remained deadlocked on separate conspiracy charges for money laundering and sanctions evasion after four days of deliberation. The…

Legal

Coinbase Adds DEX Trading to U.S. Platform in Push Toward Becoming an ‘Everything App’

Coinbase (COIN) is rolling out decentralized exchange (DEX) trading inside its main app for customers across the U.S., with the exception of New York State, the company said Friday. The move is part of its broader ambition to turn the platform into an “everything app” for crypto. The new feature will route trades on-chain through DEX aggregators such as 0x and 1inch, pulling liquidity from decentralized markets including Uniswap and Aerodrome, said Max Branzburg, Coinbase’s vice president of product. By integrating DEX trading, Coinbase is giving users the ability to interact directly with blockchain-based liquidity pools without moving funds off-platform.…

Exchanges

Ethereum (ETH) Price Prediction for August 2

After a multi-week rally that lifted Ethereum price toward the $4,000 psychological barrier, bears have re-emerged, pressing ETH below key short-term supports. With momentum oscillators pointing lower and rising outflows, Ethereum price today sits at $3,630, teetering near the lower boundary of a key ascending channel. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the 4-hour timeframe, Ethereum price action has broken beneath the midline of its rising channel and is now testing the lower boundary near $3,625. The Supertrend has flipped bearish at $3,899, suggesting momentum has shifted to sellers for the first time since mid-July.…

Ethereum

Bitcoin, Ethereum Sink as Tariff Gloom Tops Rate Cut Optimism

The price of Bitcoin and other cryptocurrencies wavered on Friday as investors weighed the White House’s latest round of tariffs against fresh signs of a weakening U.S. labor market. Bitcoin was recently changing hands around $115,500, a 2.1% decrease over the past day, according to crypto data provider CoinGecko. Ethereum fell 3.8% to $3,630, while XRP and Solana showed similar losses at $3.05 and $169, respectively. Stock indices swooned, with the S&P 500 falling 1.5% midday. The tech-heavy Nasdaq dropped 2%, while the Dow Jones Industrial Average tumbled over 570 points. On Thursday night, the Trump administration refreshed rates for…

Regulation

Donald Trump Signs Another Crypto-Friendly Executive Order

United States President Donald Trump has taken an important step against banking practices targeting the cryptocurrency sector. President Trump aims to end what he calls “unfair” practices by federal regulators against financial institutions working with the cryptocurrency sector with the new executive order he signed today. “The digital assets industry has been targeted by unfair banking disruptions. Such practices undermine public trust in the banking system and regulators, jeopardize livelihoods, freeze wages, and impose serious economic burdens on honest Americans,” the White House said in a memo. The decree removes the concept of reputational risk, which the US Federal Reserve…

Legal

Stablecoin to settle $5 trillion and challenge SWIFT in 2026 amid $3.3T July volume

Stablecoin rails are on pace to challenge incumbent cross-border networks by 2026, as monthly on-chain dollar settlement already runs in the trillions and merchant access widens through mainstream processors. Per RWA.xyz’s live dashboard, stablecoins moved about $3.3 trillion on chain in July, with roughly 39.7 million monthly active addresses, while total stablecoin value sits near $259 billion. The crossover case rests on three levers. First, payments access is improving. Stripe said it has reintroduced crypto payments, starting with USDC on Solana, Ethereum, and Polygon, putting stablecoins back into standard checkout flows with further feature rollouts in 2025. Coinbase and PayPal…

Exchanges

Hyperliquid tops $319B July volume, a record for any DeFi perp DEX

Trading volume on decentralized exchange Hyperliquid surged to a new monthly all-time high in July, marking a record for decentralized finance (DeFi) perpetual futures exchanges as more traders flocked to them. Hyperliquid hit $319 billion of trading volume during July, marking a new monthly record high across all DeFi perpetual futures exchanges, according to DefiLlama data. Hyperliquid’s record is a sign of more traders using decentralized exchanges, which are starting to cut into the market share of centralized cryptocurrency exchanges (CEXs). Hyperliquid earned 35% of all blockchain revenue during July, capturing significant value at the expense of Solana, Ethereum and…

DeFi

Are Traders Done With Ether? Options Market Now Prices Higher Risk for ETH Than BTC

It's become more expensive to use derivatives to insure against a decline in ether (ETH) than in bitcoin , indicating that market sentiment has shifted against the second-largest cryptocurrency by market cap, data from Deribit shows. The sentiment shift comes after weeks of big money favoring ether over its larger peer. According to data from Amberdata, ether's 25-delta risk reversals for options expiring in August and September were trading at -2% to -7%. That means put options, which provide protection against drops in price, carry a 2% to 7% premium over call options, reflecting an apparent concern about a potential…

Ethereum