Author: NBTC

Ki Young Ju, the founder and chief executive of the on-chain data aggregator CryptoQuant, has made an epic statement on Bitcoin whales and their recent massive BTC purchase. “Secret Bitcoin plan” of whales spotted Ki Young Ju tweeted that he is “pretty sure something is happening behind the scenes.” What pushed him to this conclusion is, according to the tweet, that a staggering Bitcoin amount has been transferred to permanent holder wallets during the last 30 days — close to half a million coins (404,448 BTC). That is the equivalent of $22,942,919,472. “We’ll know within a year,” Ju concluded meaningfully.…

Aave DAO presented a proposal to integrate the Coinbase exchange’s cbBTC into its V3 on Base and Ethereum mainnet. СbBTC, Coinbase’s new Bitcoin wrapper offering, is slated for launch in the coming weeks. The exchange initiated plans for the product after the Wrapped Bitcoin (WBTC) controversy involving BitGo and Justin Sun. Aave to Bring cbBTC On its V3 Protocol Stani Kulechov, the founder and CEO of Aave and ETHLend, recently shared a proposal on X. He explained that Aave aims to become the “preferred protocol for supporting Tier-1 asset launches.” The proposal outlines how cbBTC (cross-chain Bitcoin) would offer more…

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices. However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are eight major token unlocks to watch next week. Yield Guild Games Unlock date: August 27 Number of tokens unlocked: 14.08 million YGG Current circulating supply: 380.83 million YGG Yield Guild Games (YGG) is a gaming community that operates on a play-to-earn model. It brings together gamers worldwide, enabling them to earn cryptocurrency rewards by…

The US wants access to the detained Binance executive Tigran Gambaryan, citing concern for his health as he remains imprisoned in Nigeria, according to a senior Nigerian official speaking to local media. Punch media reported yesterday that a senior official from the Nigerian Ministry of Foreign Affairs spoke to the outlet on the condition of anonymity. The unnamed official claimed that the US is concerned about Gambaryan’s health, “especially now that his family has gone public in the US with the matter,” (emphasis ours) and is seeking consular access. They said, “I would not say they are lobbying, they are…

Orochi Network, a prominent zk modular layer, has recently announced an exclusive partnership with Backpack Wallet. As per Orochi Network, the latest collaboration will see the integration of Backpack into the impending “CONTRIBUTE TO EARN” platform, assisting in an unparalleled interaction between the wallet and the platform to enhance user security and experience. The platform took to its official X account to provide the details of this development. We’re happy to share that @Backpack wallet is now integrated with the upcoming ‘CONTRIBUTE TO EARN’ platform! ✅Orochians will be able to use #backpackwallet to check-in seamlessly, complete tasks, and store X-ORO…

Bitcoin’s price action is rebounding from oversold levels and this rebound suggests a potential short-term trend reversal, as Bitcoin’s price appears to be replicating historical patterns. Analyst Josh of Crypto World pointed out that these movements, combined with other signals, could impact the entire crypto market. He said that the SuperTrend indicator remains in the green zone, with Bitcoin currently trading above the crucial $56,000 level—often considered the reversal threshold for the ongoing bullish trend. The analyst said that for a confirmed bearish reversal, a 4-day candle must close below this level. Important Price Levels: The next candle close, expected…

Ellipsis Labs has launched the private testnet for Atlas, a blockchain aiming to combine the high performance required by financial institutions with the transparency and security offered by DeFi. Atlas is optimized for financial applications that require low transaction costs, high availability, fast pre-confirmations and frequent oracle updates, prerequisites for what the team calls “verifiable finance.” The platform is expected to attract use cases like spot and programmable orderbooks, margin trading, orderbook-based lending and efficient credit markets, building upon the team’s experience as developers of the Phoenix DEX on Solana. Phoenix, an orderbook-based spot exchange on Solana, has processed over…

Kalshi may be basking in the glory of a court victory over regulators, but it will have to wait at least until Friday to list its long-sought prediction markets on the upcoming U.S. election. On Monday afternoon, Judge Jia Cobb of the U.S. District Court for the District of Columbia called for a Thursday hearing. In the meantime, she stayed her Friday order clearing the way for Kalshi to list event contracts on which party will control each house of Congress after the election. Last year, the U.S. Commodity Futures Trading Commission barred Kalshi from listing such contracts. Among other…

The Shiba Inu ecosystem team spotlights the 15-Day Shiba Eternity Tournaments, highlighting how participants can boost their ratings and win rewards like NFTs and other tokens. Shiba Inu’s marketing lead, Lucie, confirmed the development on X yesterday, emphasizing that the 15-Day Shiba Eternity Web3 Tournaments are where the real action occurs. Mastering Shiba Eternity: 🎮 Your Guide to the 15-Day Web3 Tournaments👾 Shiba Eternity’s 15-day tournaments are where the real action happens. Every 15 days, the tournament resets, and players compete to climb the ranks and earn rewards. This isn’t a casual card game—it’s… pic.twitter.com/dU8xRRFcXB — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 10,…

Spanish telecom giant Telefónica has joined Privado ID as a systems integrator to develop new digital identity solutions using decentralized technology. According to a press release shared with crypto.news, Telefónica Tech, Telefónica’s digital business unit will work with Privado ID to create secure, privacy-centric services that comply with the latest European regulations on digital identity. Privado ID, previously known as Polygon ID, was spun off from Polygon Labs in June 2024. The project specializes in privacy-focused digital identity solutions, enabling on-chain verification while safeguarding user privacy. The partnership comes as the EU’s new digital identity rules, eIDAS 2.0, mandate that…