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.

Abraxas Capital Opens $100M ETH Short, Hedges with $173M Binance Withdrawals

Abraxas Capital, a major crypto investment firm, has opened a significant short position on Ethereum ($ETH) worth approximately $100.06 million on the Hyperliquid platform, according to blockchain analytics firm Lookonchain. The firm has been actively hedging this position by withdrawing 73,872 $ETH, valued at around $173.17 million, from the Binance exchange over the past four days. Position Details and Liquidation Levels Hyperscan data reveals that the $ETH short position carries a liquidation price of $3,946.19. This means that if Ethereum’s price rises to that level, the position would be automatically closed, potentially resulting in significant losses for Abraxas. The firm’s…

EthereumAug 25

Bank of Russia Eases Qualified Investor Rules With New Finance Test

Bank of Russia Eases Requirements To Acquire Qualified Investor Status The Bank of Russia has eased the requirements needed to reach “qualified investor” status for expanded trading activities in the country. The institution announced that individuals can now become qualified investors by passing a test on financial and banking knowledge and obtaining a Qualifin Certificate from the National Finance Association (NFA) or a Moscow Exchange (MOEX) Investor Certificate, among other documents. “Holding any of these certificates is sufficient for a broker or a management company to recognise the individual as a qualified investor,” the bank declared. This changes the previous…

LegalAug 25

BTC Tests 200-Week MA as $70,000 Resistance Looms

Bitcoin is holding near its 200-week moving average after buyers defended support around $62,000. The short-term rebound remains intact, but $BTC must clear resistance between $65,000 and $70,000 to confirm a broader bullish reversal. Bitcoin Tests Weekly 200MA as Major Resistance Builds Above Bitcoin is trading near its weekly 200-period moving average, leaving the market at a high-timeframe decision point after several weeks of limited momentum. Bitcoin Weekly Chart Tests 200MA Below Bull Market Support Band. Source: Daan Crypto Trades (@DaanCrypto) on X The weekly $BTC/USD chart places Bitcoin near $63,100, slightly below the weekly 200-period moving average around $63,548.…

BitcoinAug 25

Is the Decade-Long ETH/BTC Flip Finally Here?

The $ETH price prediction stays bullish as price pushes into a key resistance zone that’s capped every rally attempt since May, backed by accelerating ETF inflows and a wave of analysts calling for a structural shift in Ethereum’s performance against Bitcoin. Ethereum Price Analysis: Will $ETH Price Go Up After Testing $2,450 Resistance? Ethereum Price Analysis (Source: TradingView) $ETH surged sharply this week, breaking above a rising trendline connecting a series of higher lows since the June bottom near $1,520, and pushed straight into the $2,450 resistance zone that has capped every recovery attempt since May. Price touched a high…

EthereumAug 25

GensynAI’s Jeff Amico Says RWA Investors May Lack Creditor Rights

RWA Vault Yield Can Hide Weak Legal Protection Real-world asset (RWA) lending has become one of crypto’s most prominent attempts to connect blockchain markets with traditional credit. Yet the structure behind some RWA credit vaults can create a gap between the yield investors receive and the legal rights they hold if a borrower defaults. Jeff Amico, chief operating officer at GensynAI, says this structure is common across the market. Users may receive a yield-bearing stablecoin from a platform, while the underlying loan and collateral are held through separate entities. He said: The usual pattern is that the user gets a…

RegulationAug 25

UK Court Orders Liquidation of Crypto Investment Firm in Ponzi Fraud Case

A UK court has ordered the liquidation of Key Coin Assets Ltd, a cryptocurrency investment firm that promised investors returns of 40% to 100%, after investigators found the operation showed classic signs of a Ponzi scheme. The UK Insolvency Service, which brought the case, said there was no evidence that the company ever engaged in actual cryptocurrency trading, despite raising substantial funds from investors. Investigation Reveals Fraudulent Operations According to the Insolvency Service, nine investors who reported losses had collectively invested more than £300,000 (approximately $379,000). Investigators found that returns paid to existing investors were funded by money from new…

LegalAug 24

Alameda Research, a Cryptocurrency Company, Makes a Notable Move in Solana Staking! Is a Sell-Off Coming? Here Are the Details

Alameda Research, the cryptocurrency arm of the bankrupt FTX, has moved a significant amount of Solana ($SOL) holdings again after nearly five years. According to information reported by the on-chain data platform Onchain Lens, Alameda unlocked 201,740 $SOL, removing it from its staking position, and then transferred a total of 201,780 $SOL to a BitGo-owned custodial wallet. The transfer has reinforced expectations that Alameda is preparing to divest its long-dormant $SOL holdings. On-chain data suggests the transaction may have been conducted for over-the-counter (OTC) sale via BitGo, rather than a direct sale of the tokens on exchanges. OTC transactions stand…

ExchangesAug 24

Bitcoin holders face unresolved fork risks as new eCash test chain launches ahead of October deadline

An eCash fork, which would create a separate ECX asset for Bitcoin holders, produced Alpha-chain blocks from height 963,648 on Aug. 23. The permanent fork did not happen: the project's current roadmap now places the 1:1 allocation of permanent ECX at a Mainnet launch around Bitcoin block 973,728 on Oct. 31. For holders, miners and exchanges, Aug. 23 became a rehearsal rather than the permanent allocation event. Bitcoin ownership did not change, practice pECX is not permanent ECX, and public exchange notices did not show a universal freeze of Bitcoin services. What the Alpha chain proved The eCash Alpha explorer…

BlockchainAug 24

Why Stacks’ Bitcoin staking plan could reshape STX demand

Stacks explores Bitcoin staking and DeFi growth as investors assess $STX’s 2026 potential amid efforts to bring more Bitcoin capital into productive use. Any Stacks ($STX) price prediction for 2026 increasingly turns on a question bigger than short-term market momentum: can Stacks convert a small share of Bitcoin’s largely underused capital base into recurring demand for $STX? The gap is large. DeFiLlama currently tracks about $4.35 billion in total value locked across the Bitcoin category against a Bitcoin market capitalization of roughly $1.33 trillion, equal to only about 0.3%. Stacks is positioning its planned self-custodial Bitcoin staking system as one…

BitcoinAug 24

Ethereum privacy workshop debuts in Hong Kong this December

The Ethereum Foundation is turning its attention to one of blockchain’s thorniest challenges — privacy — with the announcement of its first-ever Ethereum privacy workshop, scheduled for December 2026 in Hong Kong. Known as the Workshop on Privacy-Preserving Technologies, or WPPT 2026, the event marks a new push by the nonprofit organization to bring researchers and developers together around technologies like zero-knowledge proofs and multiparty computation, areas that have grown increasingly central to how blockchain networks handle sensitive data. Key takeaways The Ethereum Foundation will host the inaugural WPPT 2026 workshop in Hong Kong this December. The event centers on…

EthereumAug 24