Author: NBTC

Uniswap [$UNI] has opened community voting on a proposal that could introduce the protocol’s first sustained $UNI burn mechanism. The initiative spans three governance votes. They include protocol fee activation on Robinhood Chain, v4 deployment, and bridge infrastructure across all other chains. If Uniswap members approve the proposals, the protocol will begin depositing fees into TokenJar accounts. At press time, the voting stood at 74% in support of the proposal. Once there, users can acquire an amount of $UNI sufficient to burn it completely and in turn collect their $UNI from the TokenJar account. Source: X The proposal will link…

The Commodity Futures Trading Commission (CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and regulates market activities against manipulation, fraud, and abuse trade practices and promotes fairness in futures contracts. The CEA also included the Sad-Johnson Agreement, which defined the authority and responsibilities for the monitoring of financial contracts between the Commodity Futures Trading Commission and the Securities and Exchange Commiss The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and regulates market activities against…

Bitfinex users holding 13 recently delisted cryptocurrencies must withdraw their assets by 10 a.m. UTC on Aug. 31 or become dependent on a restricted, fee-bearing recovery process. Following the deadline, the crypto exchange will disable standard withdrawals for the affected tokens. Any subsequent retrieval attempts will be handled entirely at Bitfinex’s discretion during a two-month window. The exchange noted that this manual recovery is not guaranteed to succeed, incurs additional fees deducted from the recovered amount, and lacks a fixed completion timeline. Affected assets and platform exceptions The withdrawal mandate applies to Cosmos (ATOM), Bit2Me (B2M), Bitget Token (BGB), EigenLayer…

Bitcoin ($BTC) institutional investment vehicles have shed 10% of their $BTC holdings since May as analysis warns of a “breaking” sector. Key points: Bitcoin institutional funds see a blanket 10% reduction in holdings over three months. Analysis says that the Bitcoin treasury model is “breaking” as company valuations fall below net asset value. Coinbase premium has been negative for a record 93 days. Fund exposure drops as Bitcoin treasury companies face squeeze Data from onchain analytics platform CryptoQuant shows that combined institutional $BTC exposure, which includes trusts, exchange-traded funds (ETFs) and closed-end funds, has fallen from 1.33 million to 1.20…

The Ethereum price is currently chopping below a key resistance area, holding around the $1,900 level after its recent recovery. On the 4-hour chart, the structure still shows a series of higher lows, which suggests buyers are slowly stepping in, but overall price action remains range-bound as both sides wait for a clear direction. Currently, the important level to watch is the $1,935–$1,945 zone. If $ETH manages to break above this area, it could open the door for a move above $2000. $ETH Consolidates Below Key Resistance $ETH is currently moving sideways just below a key resistance area, holding around…

Visa is reducing its workforce by about 2,600 employees, or roughly 7%, in an effort to improve operational efficiency as competition in digital payments intensifies. CEO Ryan McInerney said in a company memo obtained by Bloomberg that the layoffs would largely affect the technology and product teams. Visa employed about 34,100 people at the close of its last fiscal year. McInerney said the company is reshaping how it operates to better position itself for future growth, arguing that greater efficiency will enable Visa to reinvest in higher-potential businesses. He noted that AI is accelerating software development and changing how employees…

Circle minted another roughly $750 million worth of $USDC on Solana on July 13, pushing its cumulative issuance on the network this year to around $68.26 billion, according to blockchain tracker Onchain Lens. The action emphasizes Solana’s position as one of the major crypto platforms for dollar liquidity as the market participants continue to observe $USDC minting as an early sign of capital movements. $USDC is a significant asset in the digital economy. It is commonly used to settle trades, provide collateral for lending and derivatives usage, and execute transactions relating to real-world assets in their tokenized form. As a…

South Korea’s Financial Services Commission (FSC) has resumed efforts to advance a second-stage virtual asset law, commonly referred to as the Digital Asset Basic Act, according to a report from Yonhap Infomax. The move signals a renewed push to establish a comprehensive regulatory framework for digital assets, building on the country’s first-phase legislation that took effect in July 2024. Private Talks Aim to Smooth Legislative Path Financial authorities and the National Assembly revealed on Aug. 13 that the FSC held private discussions late last month with Yoo Dong-soo, chair of the National Assembly’s Political Affairs Committee and a member of…

Bitcoin is testing a major resistance zone after its four-hour SuperTrend indicator produced a fresh bullish signal near $64,700. A confirmed move above $65,600 could send $BTC toward $67,000-$69,000, while another rejection would raise the risk of a decline toward $61,300. Bitcoin SuperTrend Flips Bullish Near $64,700 Bitcoin’s four-hour chart shows a fresh SuperTrend buy signal as $BTC trades near $64,656. The indicator’s previous bullish signal on July 3 preceded a 16% advance from $57,700 to $68,900, according to Ali Charts. Bitcoin 4-Hour SuperTrend Buy Signal Near $64,656. Source: Ali Charts (@alicharts) The latest signal suggests short-term momentum has shifted…

Ethereum price traded near $1,905 on Aug. 18 as tightening daily and 4-hour ranges placed the $1,920 resistance level at the center of its next major move. Ethereum price tightens inside a symmetrical triangle According to data from crypto.news, Ethereum ($ETH) price was trading at $1,904.89 after moving between an intraday low of $1,885.78 and a high of $1,914.38. The price was down about 0.5% on the day but remained inside the narrow range established since late July. Ether’s recent lower highs and higher lows have created a symmetrical triangle on the daily chart. The upper trendline has fallen from…