Author: NBTC

With the Digital Asset Market Clarity (CLARITY) Act now set for a cloture vote in September, many advocates and industry leaders are frustrated and disappointed at lawmakers’ failure to act before the US Senate broke for a month-long recess. On Saturday, the Senate Daily Press reported that Majority Leader John Thune filed cloture on a motion for the CLARITY Act to go to the chamber floor for consideration, ending speculation that lawmakers would address the bill more than a year after it was passed by the House of Representatives. The CLARITY vote is now expected when the Senate reconvenes in…

Mirae Asset Group is preparing to inject 50 billion won, roughly $35 million, into the operator of South Korean crypto exchange Korbit less than a month after completing its takeover of the company. Digital X’s board approved the capital increase on Aug. 12, with payment scheduled for Aug. 27, News1 reported Thursday. Digital X will issue 10,078,614 common shares at 4,961 won each through a third party allotment. All new shares will go to Mirae Asset Consulting, the Mirae affiliate that already controls 97.15% of the company. Digital X said the proceeds are intended to improve its financial structure and…

Bitcoin saw new August highs into Tuesday’s Wall Street open as markets bet on US-Iran tensions again easing. Key points: Bitcoin ($BTC) edges higher as optimism over the Strait of Hormuz reopening pushes stocks to new all-time highs. Oil prices drop to their lowest levels since July 13 with oil traffic potentially returning on Wednesday. $BTC acts between two daily moving averages as analysis sees “strong accumulation.” S&P 500 tops $70 trillion market cap to new high Data from TradingView showed $BTC/USD climbing to $64,176 on Bitstamp, marking maximum daily gains of around 1%. $BTC/USD one-hour chart. Source: Cointelegraph/TradingView Oil…

Ethereum whales intensified profit-taking after a two-day rally exceeding 20%, placing fresh selling pressure against still-strong market demand. According to Lookonchain, 7 Siblings sold 14,000 $ETH worth $32.85 million at an average price of $2,346. Another whale sold 11,252 stETH worth $26.5 million and 1,824 $ETH worth another $4.26 million. The transactions coincided with $ETH’s sharp rise and profit-taking was a probable reason for the selling by large holders. However, the distribution came as $ETH was still trading close to the whales’ average selling points. The positioning raised the significance of demand at $2,346, with sellers converting massive amounts of…

Cardano founder Charles Hoskinson has expressed strong confidence in the network’s long-term outlook, arguing that Cardano will end 2026 in a much stronger position than it is today. According to Hoskinson, Cardano is on track to regain a spot among the top 10 cryptocurrencies by market capitalization and could climb even higher. Looking further ahead, he projected that the network will become a “rocket ship” heading into 2027, reflecting his optimism about Cardano’s growth trajectory. Cardano Continues Climbing the Crypto Rankings Although Cardano spent years among the top 10 cryptocurrencies, it currently sits outside that elite group. However, the token…

An EU transaction ban will take effect on Aug. 23 against the entity listed as “$HTX (HUOBI GLOBAL SA),” giving people and businesses subject to the bloc’s Russia sanctions regime a deadline to establish whether that company is involved in their dealings with the online exchange. The restriction follows the jurisdictional reach of Regulation 833/2014. It covers conduct in EU territory, transactions by member-state nationals and entities constituted under member-state law wherever they operate, and activities of legal entities conducting business wholly or partly within the bloc. The new measure adds $HTX’s combined label to Annex XLV Part A, whose…

Bitcoin is showing significant price stability after the recent bearish pressure that saw it fall below $58,000 for the first time in 20 months. TradingView data shows the cryptocurrency traded at $63,823 at the time of writing, reflecting a 10% recovery from the $57,735 yearly low it recorded about one month ago. The current $BTC price also reflects an approximately 50% pullback from the cryptocurrency’s all-time high of $126,198 achieved in October 2025. However, the price is locked in a tight consolidation range as institutional outflows compete against long-term holder accumulation. Bitcoin’s Technical Perspective (Fibonacci) From a technical perspective, Bitcoin…

Ethereum ($ETH) has delivered a major breakout that could create a shift across crypto, according to a recent market analysis. $ETH hit $2,370, surging 25% as $4 billion in short positions were liquidated, marking what was described as the largest crypto short squeeze in history. $ETH Sentiment Turns Bullish Ethereum’s broader trend has turned bullish after breaking out of the prolonged range it had been stuck in. The move is being compared with Ethereum’s breakout in early 2023, which was followed by a much larger bull phase. However, the recent rally has been extremely strong, so a pause or pullback…

On July 10, Lighter burned 15,638,702 $LIT tokens it had amassed through its automated buyback program by the end of the second quarter of 2026. The importance of the action stems not from the quantity of tokens that are being destroyed, but from the fact that it signifies a bigger trend within the crypto industry. After having practically vanished amid years of regulatory uncertainty, templates for revenue-based buybacks and the burn of tokens have regained popularity in 2025 and 2026. A report by Tiger Research published in November 2025 cites Hyperliquid and Pump.fun as among those working on similar approaches.…

In brief Brazil ranks 5th worldwide for crypto use and pulled in $318.8 billion on-chain in a year, according to a new report from CertiK. Virtual asset firms must file for Central Bank authorization by October 30, 2026, with an independent audit attached. Hackers and thieves took $1.32 billion from crypto in the first half of 2026 alone. Brazil is one of the world’s largest crypto markets, and its regulator has just set a hard date for pulling it under formal supervision. A new report from blockchain security firm CertiK lays out what the rules require and why they matter…