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.

Hong Kong SFC Warns Against Diamond Coin and Diamond Fund as Suspicious Investment Products

Hong Kong’s Securities and Futures Commission (SFC) has issued a public warning against two digital token-related investment products: Diamond Coin and Diamond Fund. The regulator said these products were presented as digital tokens representing rights in Diamond Fund, which claims to invest in ancient artworks and historical artifacts, while advertising target annual returns of more than 30%. The SFC noted that the products had been promoted to investors in Hong Kong and urged caution over related social media accounts and posts. Regulatory Action and Details The SFC identified Vajra Issuance Limited as the entity responsible for operating and promoting these…

LegalAug 25

What are intent-based DEXs and how do they differ from AMMs

Most people who trade on decentralized exchanges do not realize they are acting as their own market makers. Intent-based DEXs flip this model. Instead of interacting with a liquidity pool directly, you sign a message describing what you want, and a network of solvers competes to give it to you at the best price. The shift from execution to intention is the most significant change in DEX architecture since the automated market maker was introduced. The standard explanation of intent-based DEXs starts by contrasting them with AMMs, which is the right framework but the wrong emphasis. The interesting question is…

ExchangesAug 25

Legendary Trader Brandt on Bitcoin: Bull Market 'Not Urgent'

Veteran trader Peter Brandt says he sees no compelling technical evidence that Bitcoin is ready to enter a new bull market, aligning himself with a bearish chart shared by Northstar Charts. "As a classical chartist, I see nothing right now to suggest a bull market is urgent," Brandt wrote on X while reposting a weekly Bitcoin analysis from Northstar. The chart argues that Bitcoin remains below key technical resistance after breaking beneath the 50-week moving average and the Ichimoku Cloud earlier this year. As a classical chartist I see nothing right now to suggest a bull market is urgent https://t.co/ICgz4Uk9ZH…

BitcoinAug 25

SEC proposes a path for crypto projects to raise $75 million and later end the token’s securities contract

US regulators have already found a home for true Bitcoin perpetuals inside the CFTC’s exchange framework. The SEC is now turning to another part of the same market: how a team can pay to build a network before its token has much use. A derivatives exchange starts with an established asset and places a new contract around it. A token project usually starts with a promise. Buyers provide the capital needed to write the code, launch the network, and make the token useful, while the founding team promises to do the work that could make their purchase more valuable. That…

LegalAug 25

Bitget Protection Fund valuation climbs to $351M as Bitcoin rallies in July

Bitget’s Protection Fund closed out July 2026 with an average valuation of $351 million, a figure that highlights how the exchange’s reserve buffer moved in step with Bitcoin’s price recovery over the month. The Bitget Protection Fund valuation, tracked and published by the exchange itself, gives a real-time window into how much backup capital sits behind user accounts when markets get rough. For an industry still shadowed by memories of sudden exchange collapses, that kind of visibility carries weight far beyond a single monthly report. Key takeaways Bitget’s Protection Fund averaged a $351 million valuation in July 2026, swinging between…

ExchangesAug 25

Market conditions improve, but BTC needs THIS for a rally

Bitcoin’s improving market conditions have begun easing pressure on underwater holders, although the broader recovery remains incomplete. The unrealized loss ratio fell to 35.2%, dropping below the historical 40% deep-stress threshold after peaking at 42.2% in late June. That decline suggests fewer investors currently hold Bitcoin [$BTC] at a loss, reflecting reduced market stress. However, the indicator rebounded from 30.4% around the 21st of July, showing selling pressure has not disappeared entirely. Historical cycles suggest the first move below 40% rarely confirms a lasting recovery. Instead, similar phases often precede prolonged consolidation before either strengthening further or advancing toward the…

BitcoinAug 25

HOOD stock surges 14% as crypto and prediction markets take centre stage

Robinhood shares jumped by nearly 14% on Friday as the crypto market recovery reached companies that had a substantial exposure to digital assets. HOOD traded at $108.31 after reaching $109.71 during the session. The rally also arrived amidst Washington’s fresh attention on crypto regulation and prediction markets, with the two being the growing parts of Robinhood’s business. Crypto rally lifts Robinhood shares Bitcoin and other major cryptocurrencies continued gaining in price after President Donald Trump renewed his call for Congress to pass digital-asset market legislation. The push has improved sentiment around businesses that could benefit from clearer US rules, and…

RegulationAug 25

KuCoin Deepens RWA Push, Adds Ondo Tokenized Stocks to Alpha Platform

The line between traditional equities and crypto is thinning again. KuCoin announced Tuesday the integration of Ondo tokenized stocks on KuCoin Alpha, a move that gives its users direct on-chain exposure to shares of major companies. The listing, detailed in the original report, marks another step in the exchange’s push into real-world asset tokenization. KuCoin Alpha is traditionally a launchpad for early-stage token projects. Adding tokenized stocks there—not just to the main spot market—suggests the exchange sees these instruments as high-growth opportunities rather than stable, mature products. That classification could attract a different kind of trader: one hunting for arbitrage…

ExchangesAug 25

Bitari Files for $30M Nasdaq IPO to Expand Bitcoin Mining Operations

Texas-based Bitcoin mining infrastructure company Bitari Inc. has taken a significant step toward going public. The company announced that it filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on August 21, 2026, outlining plans for a $30 million initial public offering (IPO) on the Nasdaq Global Market under the ticker symbol “BIAI.” IPO Details and Share Pricing According to the filing, Bitari intends to offer 4,285,715 shares at a price of $7.00 per share. After accounting for underwriting discounts and other related expenses, the company expects to net approximately $27 million from the offering. These…

RegulationAug 25

Illinois' 0.2% Crypto Tax Sparks a Full-Blown Courtroom War

The Blockchain Association and Crypto Council for Innovation filed the complaint on Aug. 21 in Sangamon County Circuit Court against Illinois Department of Revenue Director David Harris, Attorney General Kwame Raoul, and Sangamon County State’s Attorney John Milhiser. They want the Digital Asset Tax Act declared unlawful and preliminary and permanent injunctions blocking enforcement. Crypto Groups Take Aim at a Tax With No Real Peer The battle starts with how Illinois calculates the levy. Rather than taxing a customer’s profit, the law grabs 0.2% of the digital asset’s value when certain activities run through a digital asset broker. The complaint…

LegalAug 25