Author: NBTC

Treasuries rallied across the curve as the oil move eased inflation worries, taking the 10-year yield down four basis points to 4.69% after it hit its highest since January 2025 last week. Nasdaq 100 futures and European share futures both gained 0.8%. Gold added 0.3% to about $4,060 an ounce. Falling oil, falling yields and rising stock futures usually give crypto a lift. This time bitcoin ignored all three — because the pressure on it is coming from a broken hardware wallet rather than from the macro. As CoinDesk reported Sunday, a third wave of sweeps against Coldcard-generated addresses were…

Ethereum developer Eric Conner has proposed a common status interface for tokenized assets, as onchain stocks trade continuously while the New York Stock Exchange opens for only 32.5 hours each week. ERC-8392 separates market closures from feed failures EthHub founder Eric Conner introduced the proposal in an Aug. 24 X post, describing it as an asset status interface for tokenized stocks and real-world assets. Conner referred to the proposal as ERC-8391 in the post. However, the subsequent Ethereum Magicians discussion and associated draft identify it as ERC-8392, titled “Asset Status Interface for Tokenized Assets.” The proposal addresses a mismatch between…

Point72, the hedge fund founded by billionaire investor Steven Cohen, has liquidated its entire stake in Strategy (MSTR) and established a new position in Strive (ASST), according to a recent 13F filing with the U.S. Securities and Exchange Commission. The filing, which covers holdings as of June 30, shows Point72 sold all 72,431 shares of Strategy it previously held. In a parallel move, the fund initiated a position of 163,419 shares in Strive, valued at approximately $2.1 million. Understanding the 13F Filing Institutional investment managers with at least $100 million in assets under management are required to file Form 13F…

Trail of Bits disclosed a Provenance Blockchain authorization flaw that it said exposed 82 live mainnet asset accounts to takeover. A successful abuse could let someone mint an affected token or withdraw assets held in escrow. Those special asset accounts, called markers, govern a token’s supply, permissions, and escrow balance. The security firm said the flaw allowed a user who held none of a marker’s tokens to take its admin, mint, and withdrawal permissions, then act on them in a second transaction. The bug came from a mismatch between two records of token supply. For non-fixed markers, Provenance’s bank module…

The global demand for Tether’s $USDT stablecoin appears to be holding steady, even as the token faces delistings from cryptocurrency platforms within the European Union following the implementation of the Markets in Crypto-Assets (MiCA) framework. Despite regulatory pressure in one of the world’s major economic blocs, market data suggests that the stablecoin’s utility and adoption remain resilient, particularly in emerging economies where it serves as a critical financial tool. MiCA’s Impact on $USDT: A Closer Look MiCA, which came into full effect in December 2024, introduced comprehensive regulatory requirements for crypto-asset issuers and service providers operating in the EU. Under…

Bloomberg Intelligence senior ETF analyst Eric Balchunas said on Aug. 2 that the Coldcard security failure strengthens the case for U.S. spot Bitcoin ETFs, especially for investors who want long-term price exposure without managing private keys. His comments followed Galaxy Research’s estimate that three suspected attack waves drained 1,367.05 $BTC, worth about $88.6 million, from 4,585 addresses. Balchunas wrote, “Yes, an ETF fixes this,” while noting that some self-custody advocates dismiss the funds as “paper bitcoin.” That is his view on custody, not evidence that investors have moved money into ETFs because of the incident. U.S. markets were closed when…

Ethereum saw one of its biggest weekly moves in years after staging an impressive 30% rally. The altcoin crossed $2,500 briefly, then slipped back slightly below that level. New data shared by crypto analyst Ali Martinez suggests that $ETH could be on a path toward $5,000 if it clears a major resistance zone. Growing Buying Pressure On August 19, Ethereum’s MVRV Ratio formed a golden cross above its 160-day moving average. Martinez also pointed to stronger whale accumulation. The number of addresses holding more than 10,000 $ETH has increased by 1.74%. In fact, 17 new whale addresses joined the network…

$XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and heavy whale activity test the durability of the rally. CryptoSlate’s data shows the token trading near $1.40 as of press time, down about 5% over the past 24 hours, after climbing as high as $1.70 during last week’s broader crypto market surge. This price performance contrasts with the fact that $XRP is on track for a roughly 32% gain in August, per CryptoRank’s data. This would mark its best monthly performance since July 2025, when…

Bitcoin is pulling back after a strong July, and one analyst says the current dip could still be corrective rather than the start of the next major decline in this bear market. July’s expected seasonal rally played out, hitting resistance near $66,200 now. Historically, July tends to be the strongest month of a bear market year, averaging around 10% gains, while August has historically been one of the weakest. Bitcoin’s move into the $66,200 to $76,600 resistance zone followed that seasonal pattern closely before getting rejected. Where Support Sits Now Bitcoin’s support zone currently sits between $59,317 and $62,530, per…

A newly merged Ethereum proposal would retire the network’s 512-validator sync committee, remove its rewards, and make the current Altair light-client interface obsolete by replacing it with offchain zero-knowledge proofs. The Draft EIP-8390 estimates that deleting the committee’s reward weight would reduce annual consensus issuance by roughly 33,800 $ETH. Ethereum would give up an in-protocol mechanism that lets lightweight clients follow the beacon chain before the proposed replacement proving service, migration interface, and economic support have been specified. A sync committee is a 512-validator sample whose messages give light clients a compact way to track Ethereum without processing the full…