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.

Forced Conversion on August 31, 2026 Counts as a Sale

Revolut is removing $USDT from its trading list for customers in the European Economic Area and Switzerland. Purchases have been unavailable since July 6, 2026, and deposits have been blocked since July 30, 2026. The deadline expires for good on August 31, 2026: anyone who has not sold or transferred by then will have their remaining $USDT balance converted automatically into their account currency at the prevailing market rate. This goes beyond the question of where you keep your stablecoins. Under German tax law the forced conversion is itself a disposal, one the platform triggers without any action on your…

ExchangesAug 23

Senior Analyst Shares What to Expect Next for Bitcoin and XRP Prices – “Critical Thresholds…”

Crypto analyst Ali Martinez shared critical technical levels for Bitcoin, Hyperliquid, and $XRP, noting that the amount of $BTC being moved to exchanges and miner sales could increase selling pressure in the market. According to Martinez, Bitcoin is testing the upper boundary of a descending channel formation. Therefore, the $64,300 level stands out as a critical threshold for short-term price movements. The analyst stated that a four-hour candle close above $64,300 would confirm a breakout from the descending channel. In such a scenario, the $BTC price could initially reach $65,500, and if the uptrend continues, it could advance further to…

BitcoinAug 23

Ethereum staking growth surges as wstETH supply on SparkFinance tops $3B

Lido has confirmed a major milestone in institutional Ethereum staking, revealing that more than 1 million wstETH is now supplied on SparkFinance, a total worth over $3 billion. The disclosure marks one of the clearest signs yet that this year’s Ethereum staking growth is being driven less by retail wallets and more by large, strategic capital looking for yield-bearing exposure to $ETH. Key takeaways Lido confirmed that over 1 million wstETH is now supplied on SparkFinance, up from roughly 500,000 wstETH at the start of 2026. The total value of staked $ETH on SparkFinance now exceeds $3 billion. The wstETH…

EthereumAug 23

XRP Community Urged to Ignore SWIFT Hype and Focus on Real Adoption

Vet (Hussein Zangana), who is the Director of Community at the XRPL Foundation, urges the $XRP community to shift away from false narratives about a potential Swift integration and instead focus on the real developments taking place across the $XRP ecosystem. "A lot is happening with $XRP and the $XRP Ledger, we don't need to make up this nonsense," Vet said in a recent X post outlining various developments on the $XRP Ledger. These include "security improvements, on-chain loans, stablecoins and FX market to compliant trading capabilities with permissioned Domains." Vet also highlighted ongoing work to bring onchain privacy to…

AltcoinsAug 23

Community Banks Stall Clarity Act Over Stablecoin Rewards

Community Bankers Rise Against CLARITY Act On Stablecoin Rewards While the issue of stablecoin rewards in the Digital Asset Market Clarity Act, commonly known as the CLARITY Act, seemed to have been pacted a long time ago, it has resurfaced recently with the help of community bankers. Community banks, which are locally owned institutions that typically hold less capital than their national counterparts, have raised the alarm about the effects that passing CLARITY as it is today would have on their ability to attract deposits and, consequently, on their credit capabilities. Punchbowl News reported that weeks of heavy lobbying from…

LegalAug 23

Deribit Broker Dealer Licence Opens Coinbase Liquidity to Clients

A new regulatory approval is giving Deribit something it has wanted for its spot market, access to Coinbase Exchange liquidity. Deribit, now a Coinbase company, has received a Broker Dealer Licence from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing spot orders on its platform to be routed to Coinbase Exchange for execution. Deribit’s Spot Market Gets A Serious Upgrade Deribit has already offered spot trading under its VARA Exchange Service licence since January 2025. The new broker dealer approval changes the equation by connecting that offering to Coinbase’s centralized orderbook, potentially giving clients deeper liquidity, tighter spreads and broader execution.…

ExchangesAug 23

Why Did Bitcoin’s Price Remain Resilient and Not Fall Despite the Recent Major Hack? Here’s the Secret

In an interview broadcast on “The Wolf Of All Streets,” a well-known channel in the sector, the institutional transformation that the cryptocurrency market has undergone and the price dynamics of Bitcoin were discussed in detail. The program, moderated by Andrew Parish, featured Bitwise Chief Investment Officer (CIO) Matt Hougan, Bitwise Research Analyst Ryan Rasmussen, and Arch Public CEO Tillman Holloway. The broadcast discussed the reasons behind Bitcoin’s lack of reaction to the $100 million security breach in the individual cold wallet ecosystem, and how Wall Street dominates the sector. At the program’s opening, Andrew Parish questioned why the $100 million…

BitcoinAug 23

Ethereum Whale ‘7 Siblings’ Sells 18,500 ETH for $43.6M as Price Dips

A prominent Ethereum holder known as “7 Siblings” has sold a significant portion of its holdings, offloading 18,500 $ETH for approximately $43.58 million. The transaction, tracked by blockchain analytics platform EmberCN, was executed at an average price of $2,356 per $ETH, according to data shared on August 27, 2025. Context and Background 7 Siblings has been a notable participant in the Ethereum market, often accumulating $ETH during price declines. This recent sale marks a strategic shift for the entity, which had previously been a consistent buyer on dips. The move comes amid a period of heightened volatility for Ethereum, with…

EthereumAug 23

'The Only Victim Is Ripple,' Ripple CTO Emeritus Clarifies XRP Sales Effect

Ripple CTO Emeritus David Schwartz has joined in the recent debate about the impact of $XRP sales by Ripple on the holders of the leading altcoin. While growing speculation about this move suggests that token holders often end up as victims of such actions by Ripple, Schwartz has publicly dismissed these claims, noting that the company's $XRP sales do not come at the expense of token holders. Ripple's business model questioned Schwartz aired his views in response to an ongoing debate that started after pro-crypto lawyer Bill Morgan mentioned that Ripple sells $XRP directly to retail investors, noting that the…

AltcoinsAug 23

White House vows to get CLARITY across ‘finish line’ in September

US President Donald Trump’s administration remains committed to passing the CLARITY Act in September despite the Senate’s decision to delay action until after its August recess, according to the White House’s top crypto policy official. Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said Tuesday on X that the administration would continue negotiating with Democrats “all the way up until the September vote,” adding, “we also can’t afford to wait forever.” The Senate is expected to hold a cloture vote on the bill in mid-September, a procedural step that would require 60 votes to advance…

LegalAug 23