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.

Legendary Economist El-Erian Speaks Out on Fed Chair Jerome Powell's Resignation! "This Is the Most Logical Solution!"

US President Donald Trump continues to pressure Fed Chair Jerome Powell to cut interest rates, while also calling for Powell's resignation. Trump has already begun discussions on Powell's replacement as his term approaches. At this point, while Powell's resignation continues to be a hot topic in the market, new statements came from famous economist Mohammed El-Erian, who frequently criticizes the FED and Powell regarding inflation. El-Erian, who thinks that the FED and Powell are responsible for inflation reaching these levels, said in his latest statement that Powell should resign. El-Erian, who shared a long post from his X account, said…

MarketsAug 2

Michael Saylor joins chorus for clarity as US works to legally define crypto

Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity. “My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor said during Strategy’s second-quarter earnings call on Thursday. “Under what circumstances can you tokenize a security? What’s a digital security? If they can clarify a digital commodity, what’s an asset without an issuer versus a digital token?” The crypto industry has pushed the Trump administration to clear up…

RegulationAug 2

Coinbase Announces Plans for a Strong New Push into Cryptocurrencies – Here Are the Details

Cryptocurrency exchange giant Coinbase is expanding its services beyond crypto assets, preparing to launch tokenized stocks and prediction markets for its users in the United States. These new services will launch over the next few months, initially for US users, followed by a phased rollout internationally, subject to regulatory approvals, the company told CNBC today. “We’re building an all-encompassing exchange,” Coinbase Vice President of Product Max Branzburg said, explaining the company’s vision. “We’re bringing all assets on-chain: stocks, prediction markets, and more.” He added, “We’re building an on-chain, one-stop-shop for everything tradable.” The new services will include tokenized real-world assets,…

ExchangesAug 2

Bitcoin hit a new all-time high of $123,400 on Monday after massive ETF inflows

Bitcoin broke through $123,000 on Monday, setting a fresh all-time high as the crypto market added over $1.2 trillion in value since April 9th, when President Donald Trump ordered a pause on reciprocal tariffs. The price of the OG crypto reached $123,400, based on data from CoinGecko, with the rally fueled by aggressive inflows into Bitcoin ETFs and growing bets from institutional players. The way it’s been moving, it’s literally been printing all-time highs multiple times a day. The biggest jolt came Thursday, when Bitcoin ETFs recorded $1.18 billion in daily inflows, the highest of the year so far. Investors…

BitcoinAug 2

11,370 ETH Withdrawal Stuns Coinbase: Bullish Signal?

According to blockchain intelligence platform Arkham, a whale pulled almost $40 million worth of ETH from Coinbase. In a recent tweet, Arkham stated that a fresh address, which it simply refers to as "0x98E," withdrew 11,370 ETH from Coinbase Prime at an average price of $3,811 per coin. The move quickly put the whale in profit, with gains of over $400,000 within an hour. This whale just bought $40M of ETH from Coinbase. Fresh address 0x98E withdrew 11.37K ETH from Coinbase Prime at an average price of $3811. He is up $400K in the past hour. Have whales started coming…

EthereumAug 2

Will Scott Bessent Replace Powell as Fed Chair? $2.5B Fed Fallout Sparks Speculation

Scott Bessent calls for a full review of the Federal Reserve’s expanding role, warning that “mandate creep” and controversial spending could threaten its independence. With Trump increasing pressure and Powell under fire, the debate over the Fed’s priorities and accountability has entered a new phase. U.S. Treasury Secretary Scott Bessent has reignited scrutiny of the Federal Reserve, urging a deep review of its operations beyond monetary policy. His sharp criticism, shared in a post on X, warns that the central bank’s growing involvement in non-core functions could threaten its independence. Fed’s Expanding Role Sparks Debate Bessent’s remarks come at a…

MarketsAug 2

US Lawmakers Travel to Argentina: Local Crypto Ecosystem Examined

A group of U.S. lawmakers traveled to Argentina and met with President Javier Milei and other local crypto organizations to examine how the local ecosystem operates. The trip aimed to discuss regulation and identify joint challenges related to stablecoin adoption. U.S. Lawmakers Visit Argentina to Study Crypto Regulation and Discuss Adoption Argentina, a country known for its citizens’ embrace of crypto as a means of countering devaluation and crippling inflation, was visited by a group of U.S. lawmakers to examine the dynamics of its local markets and regulatory framework. The group, led by French Hill, Chairman of the House Financial…

RegulationAug 2

Coinbase Stock Tumbles 7% After Disappointing Q2 Results

Coinbase (COIN) reported worse than expected second-quarter results on Thursday, sending its shares down 7% in post-market trading. The crypto exchange posted total revenue of $1.5 billion, up from $1.45 billion in the same quarter last year but slightly lower than FactSet estimates of $1.59 billion. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) came in at $512 million, down from $596 million a year ago. The results show Coinbase’s continued sensitivity to crypto market cycles. Even though bitcoin and ether (ETH) rallied to new yearly highs during the second quarter, transaction volume fell from a quarter-to-quarter basis, Coinbase…

ExchangesAug 2

Bitcoin Price Prediction – BTC Price Estimated to Reach $ 142,085 By Jul 19, 2025

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.80% today against the US Dollar Bitcoin is currently trading 13.96% below our prediction on Jul 19, 2025 Bitcoin gained 16.08% in the last month and is up 104.71% since 1 year ago BTC price is expected to rise by 19.31% in…

BitcoinAug 2

how NFTs became a global brand and a Web3 “social currency”

In 2021, during the NFT boom, four university students launched a collection of 8,888 digital penguins on Ethereum. In just 19 minutes, the Pudgy Penguins were sold out at 0.03 ETH each. In a few months, the floor price exceeded 2.5 ETH and the project seemed destined to enter the history of PFP. Then came the crisis: roadmaps not followed, accusations of poor management, and the feeling that Pudgy Penguins could become “yet another failed JPEG.” At the beginning of 2022, the community removed the founders. Was it the end? In reality, it was just the beginning. Luca Netz and…

NFTAug 2