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.

As Bitcoin Rushes Past $122K, What's Next for Ether, XRP, Dogecoin?

Bitcoin extended its breakout to a new all-time high of $122,000 on Monday, triggering a broad crypto rally as ETF inflows, short liquidations, and policy optimism from Washington continued to buoy a bullish mood. Ether (ETH) broke through $3,000, supported by $383 million in ETF inflows on Friday. Majors tokens have surged in the past week amid BTC’s strength. XRP trading near $2.95, up 30% on a weekly basis, Solana’s SOL reclaiming the $167 level, and dogecoin jumping over 20%, fueled by retail rotations and memecoin chatter. This mirrors patterns observed in previous cycles, where a BTC rally acts as…

BitcoinAug 3

Robinhood’s 2% Incentive Triggers Massive ETH Unstaking as Investors Embrace Alternative

Ethereum unstaking surged in July, and Ark Invest CEO Cathie Wood links it to a growing preference for an alternative offering from Robinhood, a versatile crypto trading platform. According to Wood, Robinhood offers a 2% match for crypto transfers, which has become an incentive for many Ethereum users to opt for the service over staking. Investors found a new way to double profits In her latest post on X, Wood noted that Venture Capitalists (VCs) and other investors are exploring the profitable opportunity provided by Robinhood by shifting staked ETH into Treasury companies via Direct Access Trading (DAT). That system…

EthereumAug 3

Robinhood CEO Acknowledges OpenAI Crypto Stock 'Controversy'—But Is Doubling Down

Robinhood CEO Vlad Tenev conceded his company’s recent foray into offering tokenized stocks has been contentious, to say the least—but remained steadfast in his commitment to expanding the initiative. “Being the first to actually tokenize those great companies is a big milestone,” Tenev told Decrypt in an interview Friday. “Of course, every time you're the first to do something interesting, it has some element of controversy.” Earlier this month, Robinhood rolled out a giveaway of tokens, issued on Ethereum layer-2 network Arbitrum, representing stock in private companies including OpenAI. The OpenAI stock token, however, was not actually authorized by the…

MarketsAug 3

Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

Staffers at the European Central Bank (ECB) are reportedly revolting against what they say are “anti-democratic” practices at the Frankfurt-based institution. The Financial Times reports that the bank’s staff committee sent a letter to ECB President Christine Lagarde that addressed “widespread complaints of favoritism, high burnout rates and the vulnerability of many colleagues working under temporary contracts.” Carlos Bowles, the chair of the staff committee, penned the letter, accusing the ECB of becoming an “unaccountable legal fortress.” Bowles also criticizes Lagarde’s public support for Europe’s rule of law, accusing her of failing to promote the same standards. “We regret to…

RegulationAug 3

Bitcoin mining difficulty hits all-time high

Bitcoin’s (BTC) mining difficulty surged to an all-time high of 127.6 trillion this week, underscoring the network’s growing computational power. However, a downward adjustment is expected on August 9, with projections pointing to a roughly 3% decrease, bringing difficulty down to 123.7 trillion, according to data from CoinWarz. Currently, the average block time sits at approximately 10 minutes and 20 seconds, slightly above the protocol’s 10-minute target. Difficulty adjustments help bring this time back in line by responding to changes in the total computing power, or hashrate, dedicated to mining. CryptoQuant data shows that mining difficulty declined throughout June, hitting…

MiningAug 3

DFINITY Teams Up with Omnity Network to Trigger Bitcoin 2.0 Revolution at Runes Asia

DFINITY, the prominent blockchain project at the back of Internet Computer Protocol, has joined forces with Omnity Network, an omnichain interoperability forum. The partnership aims to provide groundwork for an exclusive era of Bitcoin-native innovation. As DFINITY mentioned in its social media announcement, this development merges its ChainFusion technology with the cross-chain protocol of Omnity Network. Hence, this joint effort is a noteworthy move to lead toward a relatively programmable and dynamic Bitcoin ($BTC) ecosystem. Exciting times ahead ⤵️@OmnityNetwork is pushing the boundaries of innovation with Runes, and @dfinity is thrilled to support as their tech partner. ChainFusion ➕ Omnity…

BlockchainAug 3

El Salvador’s Bitcoin Stash Tops $760M as BTC Breaks Above $122K

President Nayib Bukele's Bitcoin bet is paying off with El Salvador's crypto holdings soaring beyond $760 million as the digital asset crossed $122,000 on Sunday, vindicating a strategy that global financial institutions previously dismissed as reckless. The Central American nation now holds more than 6,237 BTC worth over $762 million, according to Arkham Intelligence data. El Salvador Strategic Bitcoin Reserve absolutely rockets past $750M USD value 💰 $754,262,678 https://t.co/TxEHMsY7So pic.twitter.com/8i8blcddvN — The Bitcoin Office (@bitcoinofficesv) July 14, 2025 With Bitcoin trading at $122,121, up 3.7% in 24 hours, as per CoinGecko data, the country's estimated $42,000 cost basis means its…

BitcoinAug 3

New All-Time High In Sight? What To Expect From Ethereum In August

Ethereum (ETH) price is flirting with the $4,000 level once again, rising over 2.5% in the past 24 hours and trading near $3,877. That has reignited hopes of a new leg higher and possibly a fresh all-time high. The setup might feel familiar, but the backdrop this time is very different. As July draws to a close, ETH finds itself caught in a web of converging catalysts: heavy leveraged bets, deep-pocketed ETF inflows, thinning exchange supply, and rising strength versus Bitcoin. And all of it sets the stage for a potentially explosive August. Fingers crossed! Leverage Stack is Heavy Below:…

EthereumAug 3

Why Dave Portnoy Fumbled His XRP Bag Before the Boom

Just days after Dave Portnoy said he’d have “no further comments” on selling off his XRP stash before the recent price surge, the Barstool Sports founder discussed the move further on his daily “Davey Day Trader Global” stream, sharing more about the misplay. Last week, Portnoy said that he’d missed out on “millions” of dollars by selling his bag of XRP at a price of $2.40—not long before the Ripple-linked cryptocurrency surged in value, reaching a new all-time high price of $3.65 last week per data from CoinGecko. On Monday, Portnoy provided more detail about why he sold off the…

MarketsAug 3

US Senator Declares ‘Year for Digital Assets’—Crypto Legislation Set to Reshape Markets

A U.S. senator has declared “this is the year for digital assets,” endorsing landmark federal efforts poised to transform crypto regulation, boost innovation and reshape financial markets. Senate Leadership Aligns With White House to Champion Crypto Revolution U.S. Senator Cynthia Lummis (R-WY) praised the President’s Working Group on Digital Asset Markets on July 30, describing the group’s latest report as a major advancement for U.S. leadership in financial innovation. Speaking in her role as Chair of the U.S. Senate Banking Subcommittee on Digital Assets, Lummis stated: “I’m overjoyed we finally have a president who understands the transformative power of digital…

RegulationAug 3