Author: NBTC

According to on-chain data, a large Bitcoin whale completely closed its position of 1,105 $BTC today, which it had held for approximately 7 months. The current value of these Bitcoins is estimated at around $69.43 million, meaning the whale incurred a loss of $26.9 million from this transaction. According to the data, the whale withdrew $BTC from Binance and OKX exchanges between November last year and February this year at an average cost of $87,181, transferring the assets to its on-chain wallet. However, today all of these $BTC were sent back to Binance. This transfer was interpreted as the whale…

Ethereum price rose nearly 2% on July 29 as US spot ETF inflows and short liquidations helped $ETH defend its rising support structure before the Federal Reserve’s rate decision. Ethereum price returns above $1,900 According to data from crypto.news, Ethereum ($ETH) price was trading near $1,913 at the time of writing, up about 2% over the past 24 hours. The token had traded between approximately $1,856 and $1,926 during the session. The recovery followed a successful defense of the $1,850–$1,880 region. $ETH first reclaimed the daily Bollinger Band midpoint at $1,874 before moving back above the psychological $1,900 level. Ethereum’s…

S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a new benchmark that selects digital assets using revenue, market size and liquidity measures. The firms announced the product on July 21, while S&P index materials list July 20 as its official launch date. The index currently holds 18 digital assets and targets institutional investors seeking a structured way to track a broader part of the crypto market, according to the official announcement. The five largest constituents are Ether ($ETH), $BNB, Solana ($SOL), TRON ($TRX) and Hyperliquid ($HYPE), according to S&P Dow Jones Indices. The…

In the 1990s, exchange-traded funds (ETFs) were a novel idea. Many saw them simply as a new wrapper for traditional assets – a convenient repackaging of mutual funds. In reality, ETFs triggered a market structure revolution. By introducing creation/redemption mechanisms and arbitrage-driven liquidity, ETFs fundamentally changed how markets functioned and how investors accessed assets. ETFs blurred the line between primary and secondary markets and turned arbitrage into the mechanism for holding the system together. How does tokenization mirror the ETFs market structure revolution? In almost every key aspect. A robust tokenized asset isn’t simply “issued” once like a stock or…

LuLu Financial Holdings, a financial services group headquartered in Abu Dhabi, and CreataChain have signed a Memorandum of Understanding (MoU) to explore the integration of CreataChain’s blockchain infrastructure in a controlled sandbox environment. The evaluation will focus on the technical capabilities of CreataChain’s core ledger, smart contracts, interoperability tools, and developer infrastructure. The companies may test node deployment, wallet and SDK integrations, smart contracts, transaction verification, and communication between different blockchain networks. The tests will use only synthetic data, test accounts, and simulated transactions. No live customer data, production systems, payments, remittances, settlements, or customer assets will be involved. LuLuFin…

Binance founder Changpeng Zhao (CZ) made noteworthy statements regarding how Bitcoin ($BTC) could be protected against quantum computers in the future and how the $BTC believed to belong to Satoshi Nakamoto should be handled. Appearing on the Galaxy Brains podcast hosted by Galaxy Research President Alex Thorn, CZ stated that quantum computing is not an insurmountable problem for Bitcoin. According to CZ, quantum-resistant encryption algorithms already exist to counter the risks that quantum computers could pose. The crucial point is whether the Bitcoin community can make such a transition in a coordinated manner. CZ argued that “doing nothing” regarding the…

Doppler Brings $XRP Infrastructure to Base Doppler Finance, an institutional-grade yield infrastructure built natively on the $XRP Ledger (XRPL), announced on July 29 that its infrastructure is expanding to Base, beginning with Coinbase Wrapped $XRP (cbXRP) and later extending to other tokenized financial products. The announcement outlines the phased deployment as one of the first steps in the protocol’s broader multichain strategy, enabling tokenized assets to gain institutional-grade onchain utility through lending, borrowing, collateral, and other decentralized financial applications. Doppler Finance stated: “Initially, the expansion will focus on supporting cbXRP, with additional support for tokenized assets planned as the Base…

Ethereum trades at $1,898.91 on July 29, down 1.09%, pulling back from its intraday high of $1,926.52 after Morgan Stanley launched regulated $ETH exposure products and whales redistributed $430M worth of the token in a single session. $ETH Is Holding Between The 0.382 Fibonacci And The Descending Trendline $ETH 1D Price Action (Source: TradingView) $ETH at $1,898 is sitting in a tight zone. The 0.382 Fibonacci at $1,837 holds as support below. The descending trendline from May’s peak sits above, converging with the 0.5 Fibonacci at $1,939 and the 100-day EMA at $1,931 into a resistance cluster that has rejected…

Hut 8, a company that has strategically repositioned itself from a Bitcoin mining operation to an artificial intelligence infrastructure provider, has seen its stock price surge dramatically in 2025. According to data from TradingView, as reported by BeInCrypto, Hut 8 shares rose from $44 to $133 at their peak this year, representing a gain of nearly 200%. The rally was significantly influenced by a landmark $9.8 billion, 15-year AI data center lease agreement with a large private technology firm, underscoring the market’s confidence in the company’s new direction. A Strategic Pivot from Mining to AI The transformation of Hut 8…

Grayscale’s Head of Research, Zach Pandl, recently suggested that $XRP ETFs could take up about 5% to 6% of $XRP’s circulating supply in the near future. He made this projection during a recent appearance on the Paul Barron Podcast, where both speakers discussed the impressive rise of $XRP-based investment products. Key Points Grayscale’s Zach Pandl says ETFs could hold 5-6% of $XRP’s circulating supply over time. $XRP ETFs have attracted $1.42 billion in total cumulative inflows since launching in Q4 2025. Current ETF holdings represent about 1.4% of $XRP’s $71.2 billion market cap. If these products capture 5-6% of the…