Author: NBTC

Ethereum ($ETH) is approaching a major decision zone around $1,900-$2,000. After more than a year of sideways movement across the Others/$BTC chart, the next Ethereum move could determine whether altcoins finally begin a broader recovery or remain under pressure. Bull Case: $ETH Breaks $2,000, $3,000 Comes Into Focus The bullish scenario depends on Ethereum breaking through the $1,900-$2,000 resistance zone with strong momentum. $ETH already broke above a long-term descending trendline in July, creating a setup similar to the 2022-23 recovery. If buyers push $ETH firmly above $2,000, it could strengthen the case for a larger trend reversal. A sustained…

Galaxy Digital reported an $85 million net loss for the second quarter of 2026 as cryptocurrency valuations declined in the period. That resulted in a $0.09 loss per share posted on Wednesday which Galaxy attributed to the depreciation of digital asset prices during the quarter. Revenue at $8.7 billion was down 15% from $10.2 billion in the first quarter of 2026. Analysts had forecast a consensus of $12.7 billion, according to estimates compiled by Yahoo Finance. Galaxy’s shares fell 6.2% in premarket activity on Wednesday to $20.70, set to extend a nearly 10% decline over the past month. The total…

Jimothy ($JIMOTHY) is a Solana-based memecoin named after a real raccoon filmed in Seattle, whose unusual short and stocky body made it an overnight internet sensation in mid-July, 2026. Anonymous developers launched the token on Pumpfun within days of the animal’s videos spreading online, and it briefly passed a $22 million market cap before falling sharply as trading cooled. Who Is Jimothy the Raccoon? Jimothy is a raccoon living in Seattle’s Ballard neighborhood, filmed by local resident Kiana Hall near a Goodwill store. The animal moves normally but has an unusually short, compact body. Why Jimothy Looks the Way It…

Jay Clayton, who led the U.S. Securities and Exchange Commission (SEC) from 2017 to 2020, has been officially sworn in as director of national intelligence. The ceremony took place earlier this week, marking a significant transition for the former Wall Street regulator into a key national security role. From SEC to Intelligence Community Clayton’s appointment comes after a Senate confirmation that saw bipartisan support, reflecting his reputation as a measured and experienced attorney. As SEC chair, Clayton oversaw major regulatory actions, including the agency’s lawsuit against Ripple Labs, which was filed in December 2020, just days before he left office.…

Crypto analytics platform DefiLlama has integrated Forgd’s market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime. In an announcement sent to Cointelegraph, Forgd said that the dashboard ranks crypto market makers using standardized measures of pricing, depth, reliability and execution quality. The data comes from more than 500 token projects and 35 market-making firms that use Forgd’s tools to monitor liquidity across active engagements, according to the company. The integration allows DefiLlama users to compare market makers across exchanges and assess the liquidity supporting individual tokens. Forgd first launched the leaderboard in May as…

Bitcoin Policy Institute and more than 40 digital-asset organizations have called on leading AI laboratories to give qualified open-source security researchers controlled access to frontier models as AI-assisted cyberattacks grow more capable. Bitcoin coalition asks AI labs for controlled access Bitcoin Policy Institute announced the initiative in an Aug. 10 X post, saying the coalition represents organizations from across the digital-asset ecosystem. Today, Bitcoin Policy Institute and a broad coalition from across the digital-asset ecosystem are publishing an open letter calling on the world’s leading AI labs to provide qualified open-source defenders with trusted access to frontier AI models.The past…

Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network. “I don’t think DeFi exists anymore outside of those very small niches,” Cronje told Cointelegraph during Thursday’s Chain Reaction X Spaces show. He argued that “true DeFi” needs to be decentralized, immutable and without an intermediary, adding: “That statement isn’t really true for pretty much any other protocols running today.” It’s an idea that Cronje has been raising for months. Earlier this year, he said much of DeFi is “no longer DeFi” in the strict…

In July, spot Ethereum ETFs pulled in more than twice the capital that Bitcoin ETFs attracted. The gap is not an anomaly. It is the first evidence that institutional money is repricing Ethereum as infrastructure rather than an alternative to Bitcoin. For most of the past two years, the conversation about crypto ETFs has been a conversation about Bitcoin. The launch of spot Bitcoin ETFs in January 2024 attracted more than $30 billion in net inflows within the first year. The products became the fastest growing ETF category in history. BlackRock’s IBIT alone gathered more assets in its first six…

Bernstein analysts have maintained an outperform rating on Bitcoin miner Cipher Digital, keeping a price target of $32 per share even after the company’s stock fell 15.7% following the disclosure of a wider second-quarter loss. The research firm noted that the three contracted AI data center projects are progressing as planned, which underpins their confidence in the company’s strategic direction. Context: Cipher Digital’s Stock Drop and Q2 Performance Cipher Digital, a U.S.-based Bitcoin mining company, has been expanding into AI data center infrastructure to diversify revenue streams beyond cryptocurrency mining. The wider Q2 loss, reported in early August, reflects increased…

$ENS DAO has activated a new eight-member Security Council with limited power to cancel malicious governance proposals before they execute. The council will operate for two years under a five-of-eight multisig structure, meaning at least five members must agree before blocking a transaction. The move creates a final security check during $ENS governance’s two-day timelock. Successful proposals do not execute immediately after voting closes. Instead, they enter the waiting period, giving the community time to inspect the queued transactions and allowing the council to intervene when a proposal meets defined emergency conditions. The council’s term runs until July 16, 2028.…