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.

Does Kraken’s fundraise value Binance above $100B?

Jesse Powell’s crypto exchange Kraken is seeking $500 million at a $15 billion valuation, a 36% increase from its $11 billion valuation in 2022. That price anchors a comp for the world’s largest crypto exchange, Changpeng Zhao’s Binance, at more than $100 billion. Using a traditional price-to-sales (P/S) ratio, Kraken is seeking a 10x multiple of its $1.5 billion in 2024 revenue. Powell wants that valuation ahead of his initial public offering (IPO) in 2026. Unfortunately, Kraken has been seeking a $15 billion valuation for many years. As early as winter 2021, Powell was fundraising in the $10-20 billion range.…

ExchangesAug 3

Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice With July Windfall Bitcoin’s price action gave miners a much-needed boost last month, with July clocking in as their best payday since the April 20, 2024 halving. Back then—more than a year ago—miners raked in $1.79 billion. This July, they pulled in a solid $1.66 billion in total earnings from fees and block rewards, according to data from theblock.co. In June 2025, miners hauled in $1.39 billion, so July’s total…

MiningAug 3

Spheron Supports Warden Protocol Ahead of Beta App and Token Generation Event

Spheron Network, a famous decentralized compute platform, has partnered with Warden Protocol, a cutting-edge L1 blockchain to offer intelligent, AI-native applications. The collaboration is mainly focused on conducting a joint interactive campaign via Galxe, a well-known Web3 identity and credential platform. As per Spheron’s official announcement, the campaign takes into account several rewards and quests before the beta launch and Token Generation Event (TGE) of Warden Protocol. Thus, the development is a notable step to expedite the Web3 management layer. Spheron x @WardenProtocol Quests are LIVE on Galxe! We're excited to celebrate our partnership, Warden's Pre-Road to TGE, and Warden…

BlockchainAug 3

BTC Hits $122K as ETF Inflows and Geopolitical Risk Drive Breakout

After a brief consolidation phase near $118K, Bitcoin price has broken decisively higher, climbing to a new multi-week high above $122,000. This move follows renewed ETF inflows, strong on-chain accumulation, and geopolitical uncertainty triggered by President Trump’s 30% tariffs on the EU and Mexico. Traders are now eyeing the $125K–$130K resistance range as the next key hurdle. Bitcoin Price Forecast Table: July 15, 2025 What’s Happening With Bitcoin’s Price? BTC price dynamics (Source: TradingView) The breakout comes after a textbook bull flag resolution visible on the daily and 4-hour charts. Price has surged from the $114K–$115K support zone and now…

BitcoinAug 3

Will ETH Price Reach $60K? Tom Lee’s Bitmine Thinks So

Ether prices have skyrocketed 150% since their April lows below $1,500 to come just shy of $4,000 this week. The massive move has been driven by institutional exchange-traded products and a new wave of treasury companies scooping up the asset, and one of those firms thinks ETH is extremely undervalued. Tom Lee’s ETH treasury firm Bitmine Immersion Technologies has posted its first presentation titled “The Alchemy of 5%” on Monday, and in it are some wild predictions. ETH Valuation at $60K “Many on Wall Street say Ethereum is the ‘biggest macro trade over the next decade’,” the firm stated. It…

EthereumAug 3

U.S. BTC ETF Inflows Dwarf Hong Kong's as Local Investors Stick With Stocks

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Data from CoinShares continues to highlight the gap in investor enthusiasm between the U.S. and Hong Kong when it comes to bitcoin ETFs and other listed digital asset products. Digital asset products in the U.S. generated $4.36 billion in inflows last week, accounting for nearly the entire global total of $4.39 billion, according to CoinShares. In…

MarketsAug 3

OKX’s $28.8b reserves are flawless. So why are Bitcoin holders fleeing?

As OKX releases its latest proof of reserves, holding $28.8 billion in assets, a curious trend emerges: Bitcoin withdrawals persist while Ethereum deposits climb. What’s driving the shift, and does it signal deeper market dynamics? Summary OKX’s 33rd proof of reserves confirms full backing of $28.8B in user assets, with BTC at 106% and ETH at 101%. Despite robust reserves, user-held Bitcoin dropped by 8,395 BTC since May, a nearly $1B outflow. Ethereum deposits surged 6%, signaling shifting sentiment as traders embrace ETH’s growing on-chain utility. On July 30, crypto exchange OKX published its 33rd proof of reserves, verifying it…

ExchangesAug 3

tokenization and revolution in USA trading

eToro prepares for a turning point: Yoni Assia, CEO of the platform listed since May on Nasdaq, confirmed in an interview on Fortune the opening towards its own blockchain to support millions of monthly transactions and accelerate the offering of new digital assets such as tokenized stocks on Ethereum. What is eToro’s proprietary blockchain and why is it needed? What changes for users with the tokenization of stocks? How does eToro fit into the race for the tokenization of Wall Street? What is the market response: Is ETOR losing ground? What are the risks and advantages for eToro clients? What…

BlockchainAug 3

What’s Next For BTC Price?

Bitcoin has once again hit a new all-time high, briefly moving above $121,000 before stabilizing near $120,500. The price is up 2.54% today, continuing a strong trend that started earlier this month. But is this rally sustainable, or nearing a slowdown? Key indicators suggest the trend might not be done just yet. Holders Aren’t Taking Profits Yet The adjusted Spent Output Profit Ratio (aSOPR) currently sits at 1.03, well below the early July 2025 levels, where aggressive profit-taking pushed the ratio much higher. This time, despite Bitcoin making new highs, traders appear to be holding instead of selling. BTC price…

BitcoinAug 3

SharpLink’s Joe Lubin wants to buy ETH faster than any other firm

Joe Lubin, one of the orchestrators of SharpLink Gaming’s Ethereum treasury strategy, wants his company to stack Ether as fast as possible for shareholders — a war cry as firms clamber to lead the ETH accumulation race. “We believe that we’ll be able to accumulate more Ether — per fully diluted share — much faster than any other Ethereum-based project, or certainly faster than the Bitcoin-based projects,” the company’s chairman told Bloomberg Television on Monday. SharpLink is accumulating capital “every single day” through at-the-market facilities to expand its Ether (ETH) reserves, while simultaneously staking its existing holdings to earn yield…

EthereumAug 3