Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
As prices in Bitcoin and altcoins continue to fluctuate, this has also been reflected in spot ETFs. At this point, there was an outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a net inflow. According to Farside Investors data, US spot Bitcoin ETFs recorded a net outflow of approximately $11.6 million yesterday, July 27. This marks the third consecutive day of outflows from $BTC ETFs, although the rate of outflows has begun to slow. BlackRock’s IBIT fund led the way in Bitcoin ETF outflows with $8.8 million, followed by Fidelity’s FBTC fund with $2.8 million. While no outflows were…
Long-time crypto trader Ogle warned on July 13 that small meme coins with limited liquidity can collapse within minutes when a few large holders decide to sell. Pointing to recent losses around the latest sensation in the space, $CASHCAT, the market watcher reiterated the risks in chasing fast-moving tokens, where paper gains can disappear really fast when leverage, thin markets, and concentrated ownership collide. Why a Few Wallets Can Move the Whole Market In a post on X, Ogle made a basic observation about this market: that a lot of people are sitting on hundreds of thousands, sometimes millions of…
The SEC votes August 14 on its first formal crypto rulemaking. The proposal creates three exemption pathways, a decentralization off ramp for tokens, and a framework that could make congressional legislation optional. Here is what each provision means in practice. Summary The SEC will hold an open meeting on August 14 to vote on publishing Regulation Crypto, a roughly 400 page proposed rule that would create a tailored offering regime for investment contracts involving crypto assets, the first time the agency has attempted formal rulemaking for digital assets rather than regulating through enforcement. The proposal includes three distinct pathways: a…
Bitcoin is breaking out of a textbook cup and handle at $64,742 on August 6, with spot ETFs already logging their best week since May and a cycle bottom signal flashing on Net Capital Flows. $BTC Breaks the Cup and Handle With RSI Above 50 $BTC Price Action (Source: TradingView) The daily chart shows $BTC completing a cup and handle pattern that formed between the June low near $57,700 and the August recovery. The cup base formed through June and early July, price recovered to retest the neckline near $65,000, pulled back to form the handle between $62,000 and $64,500,…
The Ethereum Foundation has issued a warning to developers of wallet services, gas-fee calculators, and blockchain explorers ahead of the upcoming Glamsterdam hard fork. The long-standing rule that a simple $ETH transfer always costs 21,000 gas will no longer universally apply, according to a report from CoinDesk. What Changes with the Glamsterdam Upgrade Transfers to existing addresses will still require 21,000 gas. However, transfers to new addresses will incur an additional state gas fee of approximately 183,600 gas. This extra cost arises because the network must create and permanently store new state data when an address is first used. The…
“Digital assets are becoming an increasingly important component of diversified investment portfolios,” Amy Oldenburg, head of digital asset strategy at Morgan Stanley, said in a press release. “As client interest in digital assets continues to grow, we’re focused on providing a range of digital asset solutions that allow investors to diversify their portfolios across traditional and decentralized asset classes while also adhering to Morgan Stanley’s standards for governance, infrastructure and risk management.” Both products charge a 0.14% expense ratio — the lowest on the market — and plan to stake a portion of their ether or $SOL holdings, with any…
Probe on Banking Barriers for Crypto Access in the UK Deepens U.K. lawmakers are stepping up scrutiny of banks’ treatment of crypto companies as the United Kingdom prepares to bring more of the digital asset industry under formal regulation. Gurinder Singh Josan MP and Lord Vaizey of Didcot, co-chairs of the Crypto and Digital Assets All-Party Parliamentary Group, wrote to the chief executives of major UK banks and banking service providers on Aug. 11. The letter asks lenders to explain whether they provide accounts to crypto firms, what restrictions they impose on digital asset transactions, and whether those policies will…
US-based crypto exchange ABFinance, founded by ByBit’s former CEO Helen Liu, closed its doors last week before it ever opened. ABFinance announced last Friday that the exchange’s planned launch will no longer go forward and that it is “winding down in an orderly manner.” ABFinance lasted six months Liu founded the exchange in March before stepping down from her ByBit co-CEO role on April 30, 2026. After ABFinance’s closure, Liu thanked her team and said: “It’s difficult to see this chapter come to an end.” Over the last six weeks, BitMart, BitMEX, and AscendEX have also announced that they will…
Bitcoin price approached $65,000 on Aug. 6 as easing concerns over the Strait of Hormuz and improving technical momentum supported its recovery from the low-$62,000 region. Bitcoin price action today According to data from crypto.news, Bitcoin ($BTC) traded around $64,615 at the time of writing after reaching an intraday high of $64,999. The move extended its recovery from approximately $62,300 on Aug. 3 to almost 4%. The rebound followed reports of progress between Iran and Oman over a shipping route through the Strait of Hormuz. Iran’s Foreign Ministry said the two countries had reached an understanding on the route’s coordinates,…
$USAT went from $22 million to $140.8 million in a single month, the fastest growth of any regulated dollar token this year. In the same window, its offshore parent shed roughly six billion. One of those numbers is a rounding error on the other, and the gap between them is the most interesting structure in stablecoins. There is a specific kind of corporate structure that appears when a very large business decides it may eventually need to be a different business, and Tether built one in January. $USAT is a dollar token issued through a federally chartered bank, designed from…