Author: NBTC

Ethereum (ETH) has maintained upward momentum in recent weeks, with the asset briefly touching $4,774 last week, just shy of its 2021 all-time high of over $4,800. Although ETH has since corrected to around $4,306, the asset remains positive in terms of weekly performance, showing a 0.7% increase. This price action shows ongoing investor interest at a time when Ethereum’s relative performance against Bitcoin is attracting attention. Analysts have pointed to Ethereum’s growing strength in both spot and derivatives markets, where ETH is showing resilience against BTC. On CryptoQuant’s QuickTake platform, contributor EgyHash noted that the ETH/BTC trading pair has…

Offchain Labs is making a zero-knowledge play for Arbitrum. Its venture studio Tandem has entered a one-year exclusive partnership with Succinct to build a zkVM tailored to the Arbitrum ecosystem. The agreement, announced Tuesday, binds both companies to collaborate solely with each other on this effort. “For one year, Tandem by Offchain Labs has an exclusive commercial agreement with Succinct to create zkVM for Arbitrum chains,” an Offchain Labs spokesperson told Blockworks. The team declined to comment on whether the partnership represents an all-cash deal, or includes token swaps. The Succinct Foundation, launched its PROVE token earlier this month. This…

Ethereum faces mounting macroeconomic uncertainty ahead of a major staking supply unlock that could add additional headwinds to an already fragile crypto market. The second-largest cryptocurrency by market capitalization has shed 4.5% from its Tuesday high of $4,350 to $4,150, marking a near two-week low, CoinGecko data shows. The move aligns with Bitcoin’s recent correction to $112,000. Ethereum ETFs also noted two consecutive outflows late last week and on Monday, following two weeks of significant inflows, suggesting a slowdown in investor interest ahead of the Federal Reserve’s Jackson Hole meeting on Friday and a staking supply exit.  The current…

BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell firm following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory fire, has been a regular patient at the stem cell firm’s clinics in Mexico and Bangkok for over a year, he told Bloomberg. “I want to live as long as possible, as healthy as possible,” Hayes said, noting that more countries are relaxing rules around…

Circle is partnering with the XDC Foundation to integrate its USDC stablecoin and the advanced V2 Cross-Chain Transfer Protocol (CCTP V2) into the XDC network. This integration enhances the XDC network’s capabilities for dollar-denominated transactions, real-world asset (RWA) tokenization, and decentralized finance (DeFi). The collaboration provides developers and institutions with secure and programmable USDC transfers, facilitating on-chain liquidity and settlements. Circle has today announced a strategic collaboration with the XDC Foundation, bringing its USDC stablecoin and the advanced V2 Cross-Chain Transfer Protocol (CCTP V2) to the XDC network. This initiative marks a crucial moment for enterprise-focused blockchains, as it enhances…

Key takeaways ETH is down 1.6% in the last 24 hours and has dropped below $4,200. The bears are aiming for $4k as the broader crypto market experiences a sell-off. ETH fails to defend its price above $4,200 Ether, the second-largest cryptocurrency by market cap, failed to hit a new all-time high last week and has since lost 10% of its value. It is currently down by 1.6% in the last 24 hours and now trades at $4,170 per coin. The bearish performance comes as the broader cryptocurrency market experiences a sell-off. Bitcoin is down 8% since its all-time high…

Crypto analysts believe the current market conditions suggest that the US Federal Reserve will cut interest rates by September. According to one analyst, the overall market trend reflects the 81% probability of a cut that is now widely priced in by traders. UPDATE: 🇺🇸 Markets are still pricing in an 81% chance of a Federal Reserve rate cut in September. pic.twitter.com/mvcFRaCich — Crypto Rover (@rovercrc) August 21, 2025 The Fed will announce interest rate decisions on September 17-18 The Fed will provide its next update on the interest rate decisions in the US between September 17 and 18, after the…

OpenPad AI has recently announced a strategic partnership with Fireverse, a next-generation music platform incorporating the use of artificial intelligence and intersecting with blockchain technology. The two projects have in common the vision of transforming the relationship between communities and digital assets and creative content. Fireverse has established itself as an innovative environment in which music crosses with Web3. The platform allows artists and fans to experiment with ownership, engagement, and building value. By utilizing OpenPad AI, Fireverse will be able to scale and introduce more users to decentralized entertainment featuring music. Building Together with $FIR and $OPAD Both platforms…

Ethereum (ETH) extended its downward trend today, leading to widespread liquidations and millions in losses for crypto traders. This comes amid a broader decline in the crypto market. Major cryptocurrencies are continuing to suffer losses, and today is no exception. Ethereum’s Market Correction Hits Traders Hard BeInCrypto Markets data showed that ETH has slipped 7.3% since the beginning of the week. This dip follows the second-largest cryptocurrency’s rise to multi-year highs. Ethereum’s value has decreased 1.54% over the past day alone. At the time of writing, it was trading at $4,166. Ethereum (ETH) Price Performance. Source: BeInCrypto Markets While corrections…

Bank of America’s (BAC) rates strategy team said the U.S. Treasury market is increasingly shaped by two emerging forces: stablecoin demand for T-bills and the tokenization of government debt-related assets. BofA views stablecoins as less of a game-changer for Treasuries than for money market mutual funds (MMFs), where their higher-yield potential represents a competitive challenge, the Wall Street bank said in a report Monday. The bank’s analysts expects stablecoin demand for Treasury bills to grow gradually, in the order of $25 billion to $75 billion over the next 12 months, but not enough to meaningfully shift bill market dynamics. Stablecoins…