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.

Ethereum Whale Activity Surges as Fresh Wallets Add $2.43B

Ethereum’s market is witnessing a major surge in whale activity. Since July 9, nine fresh wallets have acquired a total of 640,646 ETH, valued at approximately $2.43 billion. These large scale purchases have drawn the attention of traders and analysts across the crypto space. Blockchain tracking platform Lookonchain has closely monitored these movements. The data highlights consistent inflows to newly created wallets, indicating deliberate accumulation strategies. Most notably, wallet 0x3dF3 recently received 12,000 ETH, worth around $45 million, from Galaxy Digital’s over-the-counter (OTC) wallet. Wallet Activity Raises Strategic Questions The steady increase in whale holdings suggests growing confidence in Ethereum’s…

EthereumAug 2

Boom in RWA tokenization expected after passing of GENIUS Act — Aptos exec

Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the landmark passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, Tesfaye emphasized the legislation’s appeal to institutional players increasingly signaling intent to enter the crypto space. “We’re seeing more open dialogue between policymakers and Web3 leaders that is shaping legislation and…

MarketsAug 2

Fed Governor Kugler to step down on August 8, giving Trump chance to name replacement

Key Takeaways Fed Governor Adriana Kugler will resign on August 8 to rejoin Georgetown University. Her departure opens a Board vacancy that must be filled by a new nomination from President Trump. Federal Reserve Governor Adriana Kugler will depart the Board of Governors next Friday, August 8, to return to a faculty position at Georgetown University, the central bank said in a Friday press release. Kugler, who has served as governor since September 13, 2023, submitted her resignation letter to President Trump. During her tenure, she served on multiple committees, including the Financial Stability Committee, Federal Reserve Bank Affairs Committee,…

RegulationAug 2

Two Bitcoin Whales Face Massive $190.61 Million Losses in Short Positions as BTC Climbs to New ATH of $122,838

In an unexpected change in events, the Bitcoin market has experienced a significant liquidation event sparked by a sudden rise in BTC’s value, as market analyst Onchain Lens disclosed. As #Bitcoin made a new ATH, surpassing $122,000: 2 whales faced liquidations totaling $190.61M: – Whale 1 faced a liquidation of $98.10M on $BTC/$USDT on #Binance – Whale 2 faced a liquidation of $92.51M on $BTC/$USDT on #HTXhttps://t.co/IEZZttgp4P pic.twitter.com/JdcfemNn2S — Onchain Lens (@OnchainLens) July 14, 2025 Short Positions Face Losses As Bitcoin surged to a new ATH of $122,000 today, two whales experienced massive liquidations totaling $190.61 million, a new revelation…

BitcoinAug 2

Why This DeFi Dip Might Be the Start of a Major Rotation?

The decentralized finance (DeFi) market just shed over $4 billion in Total Value Locked (TVL) within a single day. That kind of drop usually spooks people. But zoom out, and something more strategic comes into focus. The data from DeFiLlama reveals not a collapse, but a recalibration across protocols, categories, and capital flows. Let’s unpack what’s really happening, what matters in these charts, and where things may be heading next in the crypto market. Total Value Locked Takes a Hit, but Momentum Remains Intact TVL: Image Source: DefiLlama According to DefiLlama, TVL across all DeFi protocols now stands at $135.81…

DeFiAug 2

50% of non-investors don’t understand it well enough to buy

A new report released Tuesday reveals that lack of information remains a major barrier to digital asset adoption among US consumers. The study, commissioned by the National Cryptocurrency Association (NCA), found that nearly 70% of 2,000 non-crypto holders surveyed said they needed more information before they would consider using digital assets. About half of those polled said they lacked understanding about how crypto works, while many others expressed concerns about security and fraud, as well as the individuals behind projects. The survey found that 34% of participants were open to learning more about digital assets. “Curiosity is high, but confidence…

MarketsAug 2

The SEC launches new project to engage small crypto startups

The Securities and Exchange Commission (SEC) has announced that its Crypto Task Force will hold a series of roundtables nationwide. The watchdog wants to allow more stakeholders to engage directly with Commissioner Hester Peirce, who is leading the initiative. The announcement comes on the heels of Project Crypto — a bold new program introduced by SEC Chair Paul Atkins to rethink how crypto assets are regulated in the US. The initiative seeks to transition more of the financial system “on-chain” and craft a regulatory framework that aligns with rapid digital innovation. Revealed during a livestreamed press conference, the initiative marks…

RegulationAug 2

BTC Nearing Exhaustion or Gearing Up for $130K Next?

Bitcoin has officially entered price discovery once again, trading just below $122,000 at the time of writing. After months of consolidation and multiple failed breakout attempts, the bulls have finally regained full control. The breakout above the previous all-time high around $112,000 was followed by explosive momentum, and investors are wondering how much further BTC will run. By ShayanMarkets The Daily Chart The daily chart shows that the asset is still respecting the long-term ascending channel, as it rebounded from its lower boundary and is currently rallying toward the mid-line. The price decisively closed above the $112,000 previous all-time high,…

BitcoinAug 2

Lido cuts staff, Curve rethinks L2s

Two of the decentralized finance (DeFi) sector’s best known platforms, liquid staking protocol Lido and decentralized exchange Curve Finance, are considering slimming down. Despite a recent resurgence in DeFi markets, Lido co-founder Vasiliy Shapovalov announced a 15% cut of contributors, and a fresh Curve governance proposal suggests cutting development on Layer Two (L2) networks. Read more: DeFi is paying big to accumulate USDC A drop in the ocean Lido is the second largest DeFi protocol by total value locked (TVL) at $32 billion according to DeFiLlama, the sector’s leading data dashboard. While it’s active on other chains, 99.9% of its…

DeFiAug 2

Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

Non-fungible token (NFT) company Pixel Vault is under fire for its involvement in what appears to be a roughly $3.5 million rug pull scheme involving its founder and former CEO. In the latest turn of events, the company announced on Wednesday that it has removed Sean Gearin, also known as GFunk, from his position as CEO. The project did not provide details about the alleged rug pull, but stated that the now ex-CEO’s “actions are under review.” GFunk has been accused by multiple NFT community commentators and former partners on X of misleading investors for personal profit. Specifically, GFunk allegedly…

NFTAug 2