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.

South Korean Lawmaker Proposes Delaying Virtual Asset Tax to 2030

A South Korean lawmaker has proposed postponing the country’s virtual asset income tax for another three years, pushing the effective date to January 1, 2030. Representative Jung Sung-kook of the ruling People Power Party plans to introduce a partial amendment to the Income Tax Act, according to a report from MBN. Why the tax is being delayed again The proposed delay would move the start of taxation on virtual asset income from January 1, 2027, to January 1, 2030. Jung’s office indicated that the additional time is needed to complete a broader review of virtual asset taxation and related systems.…

LegalAug 23

Bitcoin Exchange Binance Announces It Will Support This Altcoin’s Network Upgrade and Hard Fork Update!

Binance, one of the world’s largest cryptocurrency exchanges, has announced its support for the planned network upgrade and hard fork on the Ontology ($ONT) network. According to the exchange’s statement, deposit and withdrawal operations on the $ONT network will be temporarily suspended to ensure users can continue their transactions securely. Binance announced that it will suspend token deposits and withdrawals on the Ontology network as of 02:00 AM on August 22, 2026. The network upgrade and hard fork are expected to take place around 03:00 AM on August 22, 2026, at block height 20,800,000. The company stated that the upgrade…

ExchangesAug 23

Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode

Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas. The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May. Glassnode’s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each entity’s balance assigned to its average acquisition price. More than 3% of the supply, approximately 515,000 $BTC, is concentrated around $63,000, while more than 2%, or roughly 362,000 $BTC, sits around $61,000. Bitcoin is also trading almost exactly in line with its 200-week moving average,…

BitcoinAug 23

Arthur Hayes Talks About Bitcoin and Ethereum! He Reveals His ETH Price Expectation and the Altcoin with the Most Investment!

Bitcoin, Ethereum, and the entire cryptocurrency market are experiencing a major surge. $BTC has climbed above $79,000, while $ETH has surpassed $2,400. As the bullish sentiment in the market continues, Arthur Hayes, the former CEO of BitMEX and a closely watched figure, has made new statements about $BTC and $ETH. Speaking to crypto journalist Laura Shin, Hayes revealed that his largest portfolio position outside of Bitcoin is in Ethereum. Hayes noted that although $ETH ranks second by market capitalization, it has yet to surpass its 2021 peak, adding that Ethereum has a lower risk of falling to zero compared to…

EthereumAug 23

Chainlink’s Arbitrum Orbit Integration Targets The Security Gap In Layer-3 Messaging

Chainlink’s Arbitrum Orbit Integration Targets The Security Gap In Layer-3 Messaging is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. As app-specific chains become easier to launch, the risk shifts toward how safely they communicate with everything else. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving. TL;DR Chainlink expanded…

AltcoinsAug 23

‘Disappointing’ — crypto advocates react to delay in CLARITY vote

With the Digital Asset Market Clarity (CLARITY) Act now set for a cloture vote in September, many advocates and industry leaders are frustrated and disappointed at lawmakers’ failure to act before the US Senate broke for a month-long recess. On Saturday, the Senate Daily Press reported that Majority Leader John Thune filed cloture on a motion for the CLARITY Act to go to the chamber floor for consideration, ending speculation that lawmakers would address the bill more than a year after it was passed by the House of Representatives. The CLARITY vote is now expected when the Senate reconvenes in…

LegalAug 23

Mirae Asset injects 50B won into Korbit after takeover

Mirae Asset Group is preparing to inject 50 billion won, roughly $35 million, into the operator of South Korean crypto exchange Korbit less than a month after completing its takeover of the company. Digital X’s board approved the capital increase on Aug. 12, with payment scheduled for Aug. 27, News1 reported Thursday. Digital X will issue 10,078,614 common shares at 4,961 won each through a third party allotment. All new shares will go to Mirae Asset Consulting, the Mirae affiliate that already controls 97.15% of the company. Digital X said the proceeds are intended to improve its financial structure and…

ExchangesAug 23

Bitcoin coils at $64K as Hormuz reopening timeline sends S&P 500 to $70T record

Bitcoin saw new August highs into Tuesday’s Wall Street open as markets bet on US-Iran tensions again easing. Key points: Bitcoin ($BTC) edges higher as optimism over the Strait of Hormuz reopening pushes stocks to new all-time highs. Oil prices drop to their lowest levels since July 13 with oil traffic potentially returning on Wednesday. $BTC acts between two daily moving averages as analysis sees “strong accumulation.” S&P 500 tops $70 trillion market cap to new high Data from TradingView showed $BTC/USD climbing to $64,176 on Bitstamp, marking maximum daily gains of around 1%. $BTC/USD one-hour chart. Source: Cointelegraph/TradingView Oil…

BitcoinAug 23

Ethereum whales sell 14,000 ETH at $2346 – Can buyers absorb it?

Ethereum whales intensified profit-taking after a two-day rally exceeding 20%, placing fresh selling pressure against still-strong market demand. According to Lookonchain, 7 Siblings sold 14,000 $ETH worth $32.85 million at an average price of $2,346. Another whale sold 11,252 stETH worth $26.5 million and 1,824 $ETH worth another $4.26 million. The transactions coincided with $ETH’s sharp rise and profit-taking was a probable reason for the selling by large holders. However, the distribution came as $ETH was still trading close to the whales’ average selling points. The positioning raised the significance of demand at $2,346, with sellers converting massive amounts of…

EthereumAug 23

Hoskinson Predicts Cardano Will Return to Top 10 in 2026 Before Becoming a Rocket Ship in 2027

Cardano founder Charles Hoskinson has expressed strong confidence in the network’s long-term outlook, arguing that Cardano will end 2026 in a much stronger position than it is today. According to Hoskinson, Cardano is on track to regain a spot among the top 10 cryptocurrencies by market capitalization and could climb even higher. Looking further ahead, he projected that the network will become a “rocket ship” heading into 2027, reflecting his optimism about Cardano’s growth trajectory. Cardano Continues Climbing the Crypto Rankings Although Cardano spent years among the top 10 cryptocurrencies, it currently sits outside that elite group. However, the token…

AltcoinsAug 23