Author: NBTC

Cryptocurrency exchange Coinbase announced it will suspend futures contracts for 10 crypto assets, including Memecoin ($MEME), The Sandbox ($SAND), and Moonbirds (BIRB). According to Coinbase, trading in these futures contracts will be halted on August 26th at approximately 9:00 PM Turkish time. The contracts that will be suspended and delisted are as follows: Memecoin ($MEME-PERP) The Sandbox ($SAND-PERP) Moonbirds (BIRB-PERP) Blur (BLUR-PERP) Katana (KAT-PERP) SPX6900 ($SPX-PERP) ZORA (ZORA-PERP) Axie Infinity (AXS-PERP) Gensyn (AI-PERP) LayerZero (ZRO-PERP) Coinbase stated that positions that are still open at the end of trading hours will be automatically settled. According to the exchange’s statement, the final…

Ethereum price traded near $2,300 on Thursday after a derivatives-driven breakout pushed $ETH above its three-month range, though overbought signals now raise the risk of a pullback. Ethereum price action today According to data from crypto.news, Ethereum ($ETH) price traded at about $2,285 at press time on Aug. 20, up 1.4% on the daily candle after briefly reaching $2,298. The latest advance extended a breakout that began Wednesday, when $ETH surged from below $1,950 and cleared several resistance levels in a matter of hours. At its highest point, the move represented a gain of roughly 20%. Before the rally, Ethereum…

BitMart’s missing proof-of-reserves report and withdrawal complaints from two crypto projects have raised fresh questions about how customer assets are held during the exchange’s wind-down. BitMart concerns expose verification problem Arch Lending co-founder and CTO Himanshu Sahay said questions about withdrawals and exchange closures expose the difference between assurances offered by a platform and financial information that customers can independently check. “Whenever questions arise around withdrawal processing or exchange wind-downs, it points to a structural gap across digital asset markets: the difference between platform-level statements and independent verification,” Sahay said in a statement to crypto.news. Customers often have no real-time…

Strategy sold 1,638 bitcoin last week for $105 million, reduced its holdings to 842,138 $BTC, and began tracking the 200-week moving average on its website, marking the clearest shift yet from accumulation to active treasury management. Introduction For four years, the Michael Saylor bitcoin thesis had one direction: buy. From August 2020, when Strategy (then MicroStrategy) made its first $250 million bitcoin purchase, through early 2026, the company acquired over 843,000 coins through a combination of cash purchases, convertible note issuances, common stock sales, and preferred stock offerings. Saylor told Bloomberg in February 2024 that he had “no plans to…

Ethereum [$ETH] led the broader altcoin market after surging by more than 18% in the past hours, at press time. Ethereum surges back above the $2,000 level as bullish momentum continues to push it to higher zones. Leverage, new investors, supply dynamics, and a breakout from an accumulation pattern influenced this sudden uptick. Can bulls sustain this uptrend and stay above $2K? $ETH exchange supply falls 15% For leverage, a whale created a fresh wallet and loaded $20 million in USDC on the Hyperliquid exchange. The amount was deposited in three transactions of $10 million, $9.41 million, and $589K. Then,…

The x402 standard revives a dormant corner of the web’s original design, the 402 Payment Required status code, to let AI agents pay for services autonomously, per call, with no accounts and no cards. Ripple has moved to put the $XRP Ledger and $RLUSD inside that standard, betting that when machines become the economy’s newest customers, they will settle on its rails. This is the honest examination of the machine-to-machine thesis: what x402 actually is, what Ripple is actually doing, which asset captures the flow, and how large the agent economy really is today. Buried in the original specification of…

A former US defense secretary has urged the Senate to pass the CLARITY Act, arguing that weak digital asset rules create openings for North Korea and China to undermine American financial power. In an op-ed in the Financial Times on Saturday, former US Secretary of Defense Mark Esper said Beijing is already investing in state-directed payment systems to sidestep American supervision and erode the US dollar’s central role. “I have long argued that China is the greatest strategic threat of our lifetime,” said Esper, who also serves as a member of the Coinbase Global Advisory Council. He also said the…

A wave of launchpads on Robinhood Chain took most of pump.fun’s share of the token-launch business in the first two weeks of July. Still, pump.fun is now earning more per week than before they arrived. The launchpad business grew faster than pump.fun lost ground in it. Weekly fees across the launchpads DefiLlama reports went from about $7 million in late June to roughly $18 million by mid-July and have stayed there, while pump.fun’s own weekly take climbed to a 90-day high. Growth in the memecoin space came almost entirely from Robinhood Chain, whose mainnet opened six weeks ago, and it…

NYSE-listed French semiconductor company Sequans Communications (SQNS) has sold 344 Bitcoin, reducing its holdings to 314 $BTC. The sale, announced today, marks a significant step in the company’s exit from its Bitcoin accumulation strategy, which it first revealed in May. Sequans is pivoting its full attention to its core Internet of Things (IoT) business, aiming to simplify its capital structure and streamline operations. Background: Sequans’ Bitcoin Journey Sequans, a fabless semiconductor provider specializing in 5G/4G chips for IoT devices, initially began acquiring Bitcoin in 2021 as part of a corporate treasury diversification strategy. At its peak, the company held over…

Nasdaq-listed Ethereum treasury company SharpLink (SBET) has staked an additional 39,319 $ETH, valued at approximately $91 million, according to blockchain tracking firm Lookonchain. The transaction was reported on X (formerly Twitter) about four hours ago, marking a significant expansion of the company’s digital asset holdings. Details of the Staking Move The staking transaction brings SharpLink’s total Ethereum holdings to a substantial level, reinforcing its position as a dedicated Ethereum treasury company. Staking involves locking up $ETH to support network operations in exchange for rewards, typically offering yields that can generate additional returns for the company and its shareholders. This move…