Author: NBTC
Shares of Opendoor Technologies (OPEN) have skyrocketed more than 170% over the past five trading days after being crowned this season’s meme stock by traders on Reddit’s WallStreetBets. Shares of the online real estate marketplace have seen an upsurge in speculative interest and trading volumes over the past month after gaining traction among traders on Reddit’s WallStreetBets — a community known for spotlighting meme stocks. Previously a penny stock, Opendoor shares have soared more than 500% over the past 30 days, trading at $3.11 at the time of writing. The surge in interest is underscored by a dramatic spike in…
The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California. According to an Aug. 1 statement, the tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two years old, face time with the Commission outside Washington, D.C. Crypto Task Force lead Hester Peirce stated the agency wants to hear from stakeholders who could not attend prior sessions, adding: “The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching…
Major crypto exchange Coinbase has sent a tweet out into the world that has caught the attention of the crypto community as Bitcoin surpassed the $120,000 mark. Coinbase’s tweet, though brief, highlights Bitcoin’s historic milestone of surpassing $120,000 in a sleek, eye-catching format that caught the attention of traders, investors and enthusiasts alike. On social media platform X, Coinbase posted, “1 BTC = $0.12 million,” representing Bitcoin’s price in millions rather than the usual “$120,000.” 1 BTC = $0.12M — Coinbase 🛡️ (@coinbase) July 14, 2025 Coinbase’s tweet highlights how Bitcoin is edging closer to the million-dollar mark, a subtle…
Chainlink has announced a new pricing methodology purpose-built to offer reliable pricing for cryptocurrency and tokenized assets primarily traded on decentralized exchanges. Summary Chainlink has introduced State Pricing, a new asset pricing solution for assets primarily traded on decentralized exchanges. Initial support includes for assets such as Lido’s wrapped staked Ethereum and Coinbase wrapped Bitcoin. An announcement Chainlink (LINK) shared on August 1 states that Chainlink State Pricing targets assets that show limited trading volumes on centralized exchanges, but have robust liquidity onchain. The new solution, accessible on the Chainlink mainnet via the platform’s Data Feeds and Data Streams features,…
Ethereum’s market is witnessing a major surge in whale activity. Since July 9, nine fresh wallets have acquired a total of 640,646 ETH, valued at approximately $2.43 billion. These large scale purchases have drawn the attention of traders and analysts across the crypto space. Blockchain tracking platform Lookonchain has closely monitored these movements. The data highlights consistent inflows to newly created wallets, indicating deliberate accumulation strategies. Most notably, wallet 0x3dF3 recently received 12,000 ETH, worth around $45 million, from Galaxy Digital’s over-the-counter (OTC) wallet. Wallet Activity Raises Strategic Questions The steady increase in whale holdings suggests growing confidence in Ethereum’s…
Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the landmark passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, Tesfaye emphasized the legislation’s appeal to institutional players increasingly signaling intent to enter the crypto space. “We’re seeing more open dialogue between policymakers and Web3 leaders that is shaping legislation and…
Key Takeaways Fed Governor Adriana Kugler will resign on August 8 to rejoin Georgetown University. Her departure opens a Board vacancy that must be filled by a new nomination from President Trump. Federal Reserve Governor Adriana Kugler will depart the Board of Governors next Friday, August 8, to return to a faculty position at Georgetown University, the central bank said in a Friday press release. Kugler, who has served as governor since September 13, 2023, submitted her resignation letter to President Trump. During her tenure, she served on multiple committees, including the Financial Stability Committee, Federal Reserve Bank Affairs Committee,…
In an unexpected change in events, the Bitcoin market has experienced a significant liquidation event sparked by a sudden rise in BTC’s value, as market analyst Onchain Lens disclosed. As #Bitcoin made a new ATH, surpassing $122,000:2 whales faced liquidations totaling $190.61M:– Whale 1 faced a liquidation of $98.10M on $BTC/$USDT on #Binance– Whale 2 faced a liquidation of $92.51M on $BTC/$USDT on #HTXhttps://t.co/IEZZttgp4P pic.twitter.com/JdcfemNn2S — Onchain Lens (@OnchainLens) July 14, 2025 Short Positions Face Losses As Bitcoin surged to a new ATH of $122,000 today, two whales experienced massive liquidations totaling $190.61 million, a new revelation reported by the…
The decentralized finance (DeFi) market just shed over $4 billion in Total Value Locked (TVL) within a single day. That kind of drop usually spooks people. But zoom out, and something more strategic comes into focus. The data from DeFiLlama reveals not a collapse, but a recalibration across protocols, categories, and capital flows. Let’s unpack what’s really happening, what matters in these charts, and where things may be heading next in the crypto market. Total Value Locked Takes a Hit, but Momentum Remains Intact TVL: Image Source: DefiLlama According to DefiLlama, TVL across all DeFi protocols now stands at $135.81…
A new report released Tuesday reveals that lack of information remains a major barrier to digital asset adoption among US consumers. The study, commissioned by the National Cryptocurrency Association (NCA), found that nearly 70% of 2,000 non-crypto holders surveyed said they needed more information before they would consider using digital assets. About half of those polled said they lacked understanding about how crypto works, while many others expressed concerns about security and fraud, as well as the individuals behind projects. The survey found that 34% of participants were open to learning more about digital assets. “Curiosity is high, but confidence…