Author: NBTC

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.

Sphere 3D Faces $2.2M Tariff Bill on China-Made Bitcoin Miners

Bitcoin mining firm Sphere 3D (NASDAQ: ANY) is confronting a potential $2.2 million tariff bill after U.S. authorities determined that mining machines purchased through a subsidiary in 2022 were manufactured in China, according to a report by CryptoSlate. The company has stated it plans to challenge the finding, asserting that it received documentation at the time of purchase certifying the equipment was not of Chinese origin. Background and Financial Context The tariff issue stems from Section 301 tariffs, which impose duties on certain Chinese-made goods. The machines in question were acquired in 2022, a period when many U.S. miners were…

MiningAug 26

Flowra launches Open Orderflow Auction for Solana validators

Flowra has launched its Open Orderflow Auction for Solana, introducing an open block-building system that allows registered searchers to compete for transaction inclusion while giving validators greater control over blockspace and MEV revenue. Flowra has launched its Open Orderflow Auction for the Solana ecosystem, introducing a competitive block-building framework aimed at opening the network’s MEV market to broader participation. The framework is designed to open block building to competitive bidding, improve price discovery in Solana’s MEV market, and help validators capture more revenue. Registered searchers can compete for transaction inclusion through a transparent auction instead of relying on closed orderflow…

BlockchainAug 26

Bitcoin price faces 5 macro tests this week

Bitcoin traded near $62,747 early on Aug. 3 after reaching an intraday high of $63,697, as investors prepared for five major U.S. economic releases and several closely watched corporate earnings reports. The week begins with the July ISM Manufacturing PMI on Monday. It ends with the official July employment report on Friday. Between those releases, traders will receive job-opening data, private payroll figures and the ISM Services PMI. Together, the reports could alter expectations for Federal Reserve policy after officials kept interest rates unchanged last week. Bitcoin’s response to Iran diplomacy remains muted The first potential catalyst arrived before the…

BitcoinAug 26

Ethereum price today coils near $2,465 as RSI hits overbought 76

As of August 26, 2026, Ethereum price today is holding near $2,465.59, resting directly on its daily pivot at $2,458.09. The daily RSI has reached 76.06, deeply overbought, while intraday charts coil tightly beneath key resistance. $ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Ethereum is trading around $2,465.59 on August 26, 2026, just above its daily pivot of $2,458.09. The daily RSI14 has reached 76.06, a deeply overbought reading despite intact trend structure. Hourly and 15-minute charts show tightly converged EMAs and compressed volatility, signaling consolidation. Total crypto market cap fell 4.28% in 24 hours to…

EthereumAug 26

Saudi-Owned GIB UK Discloses $2.3M Stake in Strategy, Gaining Indirect Bitcoin Exposure

GIB UK, the British arm of Saudi government-owned Gulf International Bank, has disclosed a holding of 19,842 shares in Strategy (formerly MicroStrategy), valued at approximately $2.27 million, according to data from BitcoinTreasuries.net. This position grants the bank indirect exposure to Bitcoin, as Strategy is the world’s largest publicly traded corporate holder of the cryptocurrency. Context and Significance of the Holding The disclosure emerges amid a broader trend of traditional financial institutions seeking indirect avenues to digital assets without directly purchasing cryptocurrencies. Strategy, under the leadership of Michael Saylor, has amassed over 200,000 $BTC on its balance sheet, making its stock…

RegulationAug 26

Martin Shkreli’s newest memecoins are already down 94%

Less than 24 hours after joining Pump Fun, the two memecoins tied most closely to Martin Shkreli are down 94%. On Monday, Shkreli drew over 700,000 views on his announcement that he would join the Solana memecoin launchpad and start livestreaming his trades. Elated, PumpFun’s official account welcomed him, claiming he already had a 6,263% gain and $1.6 million in his wallet within one day. At time of writing, CITRINI, which he created, and MARTIN, a namesake coin that topped Shkreli’s trading history before his CITRINI transactions, have each crashed at least 94% since their highs yesterday. Traders have been…

AltcoinsAug 26

Boosts Region’s Private Innovation Chances

India’s Prime Minister Narendra Modi is reportedly interacting with Astrobase Space co-founder Neeraj Khandelwal. Industry experts consider the move a highlight of India’s growing push to move beyond state-led space programs and give private deep-tech companies a bigger role, potentially creating a model for other emerging technologies. In his latest post on X, CoinDCX co-founder Sumit Gupta expressed delight about the development, stating that it is heartening to see the government actively encouraging builders in such new high-potential sectors. Gupta believes the move will create more jobs, progress India’s tech ecosystem, and get the Indian community closer to “Viksit Bharat”,…

LegalAug 26

Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin

BitMEX recorded 39,449,400 XBTUSD contracts of open interest at 01:55 UTC on Aug. 10 as the exchange approached a two-stage shutdown. BitMEX will block new positions on Aug. 26 and force-close anything still open when exchange services end on Sept. 23. XBTUSD is an inverse Bitcoin perpetual whose contracts do not expire during normal trading. BitMEX’s contract specification sets each contract at $1 of Bitcoin, so the Aug. 10 count represented $39.45 million of face value, or about 605.45 BTC at the reported mark price of $65,156.99. The instrument data is a timestamped snapshot of one market. The $39.45 million…

ExchangesAug 26

Iran's Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this week, down from 1.53 million during Q1 this year. The slide came the same week the Trump administration launched Operation Economic Outcast, a sweeping sanctions package first announced on August 19 that added more than 60 entities to the Treasury’s blacklist. Most notably, he named digital assets as a sanctionable sector for the first time alongside technology, gold, aviation and shipping. Treasury Secretary Scott Bessent said the goal is to force Iran’s state-run Bank Melli to go “shuttered…

MiningAug 26

Hyperliquid and Pyth Step Into Critical 53-Hour Pricing Gap

US equity markets moving toward 23-hour, five-day trading still leave 53 hours each week without a national quotation, creating a pricing gap for continuous markets. Pyth covers more than 220 US equities on a 24/5 basis, while Hyperliquid uses discovery bounds and Pyth constructed indices to support weekend pricing. HIP-3 markets have exceeded $540 billion in volume, with 407,000 traders and more than $4 billion in open interest. US equity markets are moving toward 23-hour trading, five days a week, but that still leaves 53 hours without a national quotation. Hyperliquid and Pyth are positioning their infrastructure around that remaining…

BlockchainAug 26