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.

Bernstein predicts Bitcoin to reach $200,000 by early 2026

As Bitcoin climbed to yet another all-time high above $123,000 on Monday. Bernstein expects regulatory clarity in the US to be a major catalyst going forward. “Our conviction in blockchain and digital assets has never been higher,” the analysts wrote. As Bitcoin climbed to yet another all-time high above $123,000 on Monday, analysts at brokerage and research firm Bernstein reiterated their bullish outlook for the cryptocurrency, forecasting a prolonged market upcycle that could take Bitcoin to $200,000 by the end of 2025 or early 2026. In a note to clients released Monday, the analysts—led by Gautam Chhugani—characterised the current bull…

BitcoinAug 2

Ethereum (ETH) Nears Critical $4,000 Level, but Profit-Taking Risk Looms: Market Top?

Ethereum (ETH) has recently surged to a 7-month high, yet the cryptocurrency has yet to breach the psychological $4,000 level. The altcoin has shown impressive growth, but overcoming this significant barrier may prove challenging. As investors watch closely, ETH’s next moves could determine the future price direction. Ethereum is Noting A Market Top Currently, 94% of Ethereum’s total supply is in profit. Historically, when the profitable supply surpasses 95%, it signals a market top. This has been followed by price corrections as investors begin to secure profits. As a result, Ethereum’s price could face a pullback if the trend continues,…

EthereumAug 2

Ripple Rival Circle Downgraded by Compass Point: Details

American financial services company Compass Point, which is primarily known for specializing in equity research, has downgraded USDC issuer Circle to a Sell rating. This comes after the GENIUS Act, the groundbreaking stablecoin legislation that provides much-needed clarity for the sector, was recently signed into law in the US. Compass Point expects the Circle (CLRC) stock to plunge to just $130 (a whopping 37% reduction). The shares of the leading stablecoin issuer are currently down by nearly 9% following the massive downgrade. According to Compass Point, Circle's current valuation cannot be justified by its revenue model and competitive positioning. The…

MarketsAug 2

Andreessen Horowitz warns of loopholes in draft crypto rules

Venture capital firm Andreessen Horowitz (a16z) is calling on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections. In a Thursday open letter to the US Senate Banking Committee, the investment firm suggests that the regulators should close loopholes in the draft crypto legislation. The letter is a response to the discussion draft released in late July. The discussion draft in question builds on the 21st Century Financial Innovation and Technology Act (CLARITY Act) and seeks industry input on the ongoing crypto regulation. A16z points to the…

RegulationAug 2

Urgent Alert for Four Trading Pairs on August 8

In the fast-paced world of cryptocurrency, staying informed is paramount. Major announcements from exchanges can significantly impact your digital asset portfolio. Today, we bring you an urgent update from Bybit, a prominent crypto exchange, regarding an upcoming change that could affect some traders. Bybit has officially announced its decision to proceed with a Bybit delisting of four specific spot trading pairs from its platform. This move, scheduled for August 8, 2024, at 08:00 UTC, requires immediate attention from users holding these assets. What’s Happening: The Specifics of the Bybit Delisting Bybit, a leading global cryptocurrency exchange, has made a decisive…

ExchangesAug 2

DigitalX Unveils Massive Bitcoin Acquisition: Total Holdings Soar

In the dynamic world of digital assets, strategic moves by key players often signal shifting tides and growing confidence. Recently, DigitalX, a prominent Australia-based digital investment manager, made headlines with a significant announcement that underscores its deepening commitment to the cryptocurrency space. The firm revealed it has acquired an additional 109.3 BTC, substantially increasing its Bitcoin holdings and reinforcing its position as a serious contender in the evolving landscape of institutional crypto adoption. What’s Behind DigitalX’s Strategic Bitcoin Acquisition? The announcement, made public on DigitalX’s official website, confirms the firm’s latest expansion of its digital asset treasury. This recent BTC…

BitcoinAug 2

Ethereum Price Rally on the Way?

Whales have purchased nearly $850 million worth of ETH in just two days. Other bullish signals for the cryptocurrency include the declining supply of tokens on exchanges and the solid interest in spot Ethereum ETFs. The Largest Whales on the Move Despite not posting any major gains in the past 24 hours, Ethereum (ETH) remains among the top-performing cryptocurrencies over the last month, with its price soaring by 54% to the current $3,800 (according to CoinGecko’s data). Moreover, the recent whale activity suggests that the valuation may pump even more in the short term. The popular X user Ali Martinez…

EthereumAug 2

US stocks largely flat as investors weigh earnings, tariffs

Stocks are little changed in early trading on Tuesday as investors pay attention to corporate earnings and the latest tariffs news. Dow Jones Industrial Average hovered 25 points up while S&P 500 and Nasdaq Composite hugged the flatline at 0.03% and -0.13% respectively. Tech stocks had previously bolstered the latter’s push to a sixth straight winning session on Monday. The less upbeat Wall Street was likely a reaction to the corporate earnings, with results of General Motors unimpressive. The automaker reported a 32% drop in core profit. The firm announced results before markets opened on Tuesday and showed a $1.1…

MarketsAug 2

UK FCA to allow retail investors to buy Bitcoin and crypto ETNs

Key Takeaways The Financial Conduct Authority (FCA) reaffirmed its ban on retail investors trading crypto derivatives in the UK. This restriction aims to protect individual investors from the high risks associated with crypto-linked derivative products. The Financial Conduct Authority (FCA), the UK’s top financial regulator, is set to open the door for retail investors to access crypto exchange-traded notes (cETNs) after more than three years of restricting such products over concerns about consumer risk and market volatility, according to a Friday press release. David Geale, executive director of payments and digital finance at the FCA, said in a statement that…

RegulationAug 2

Assetera Opens Tokenized Securities Market to Crypto Exchanges With MiFID-Compliant API

Assetera, a regulated trading platform based in Austria, introduced an API that allows cryptocurrency exchanges to offer tokenized financial products like stocks and government bonds without applying for their own MiFID license. The tool is designed to plug a gap in the European market, where strict financial rules have made it difficult for crypto platforms to support tokenized securities. It allows exchanges to integrate these offerings directly into their platforms while Assetera manages all compliance, including know-your-customer (KYC) and anti-money laundering checks. The API supports over 60 tokenized securities at launch, including U.S. Treasury bonds, blue-chip equities and ETFs. It’s…

ExchangesAug 2