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.

Coinbase Responds to Criticism Over Its Sale of Ethereum

Coinbase founder Jesse Pollak responded to criticism that Coinbase sells Ethereum ($ETH), saying that the company’s contributions to the Ethereum ecosystem are being overlooked. Pollak stated in a social media post that Coinbase is by far one of the largest institutional $ETH holders, excluding digital asset treasury companies known as “DATs.” He also claimed that Coinbase has become one of Ethereum’s largest customers through the Base network, and that the company has made significant contributions to many developments in the EVM and Ethereum roadmap. Pollak stated that Coinbase introduced millions of users to the Ethereum ecosystem through Base, adding, “I…

EthereumAug 23

Ripple Vice President Heads to Key Event as XRP Ledger Momentum Builds

Markus Infanger, an executive at Ripple, will speak at a major $XRP event. Infanger, who is RippleX's senior vice president (SVP), is expected to participate in $XRP Seoul 2026, an event hosted by $XRP Ledger Korea scheduled for October 3 during KBW (Korea Blockchain Week). This event connects $XRP holders, builders, and ecosystem projects worldwide. The official $XRP Seoul 2026 X account announced that Infanger will be among the featured speakers at the event. This follows an earlier announcement in June that Ripple president Monica Long would be among the key speakers at the event. We're honored to welcome @markusinfanger,…

AltcoinsAug 23

What Could the CLARITY Act Mean for XRP’s Legal Status?

The Clarity Act would take $XRP's current digital commodity status, which today rests only on a joint interpretation from the SEC and the CFTC, and write it into permanent federal law. That single change would move $XRP's oversight from the SEC to the CFTC, the same agency that regulates oil, gold, and wheat, and it would remove the risk that a future administration reverses the classification with a stroke of a pen. What Is the Clarity Act? The bill's formal name is the Digital Asset Market Clarity Act, also known as H.R. 3633. It passed the House of Representatives on…

LegalAug 23

Shiba Inu May Head for Rebound

Shiba Inu has continued to trade on a downward trajectory amid prolonged broader market volatility. However, its exchange activity over the last 24 hours has provided a different signal. With its price still struggling to reclaim its recent high around the $0.000005 mark, the latest data from crypto analytics platform CryptoQuant has provided investors with a glimpse of hope for a possible price recovery soon. 44 billion $SHIB in demand Per the data, the Shiba Inu exchange netflow has drawn attention amid the market downturn after projecting a negative balance of 44.1 billion $SHIB as of Thursday, August 13. While…

ExchangesAug 23

Strategy CEO Says Company Will Outperform Bitcoin After Bear Market

Strategy CEO Phong Le remains confident in the company’s long-term Bitcoin strategy, despite recent $BTC sales and heavy market losses. Speaking to CNBC, Le described the current market as another Bitcoin bear cycle. He said Strategy has been through similar conditions before. Therefore, he believes the company will come out stronger and outperform Bitcoin during the next bull run. CEO Calls Current Market Another Bitcoin Bear Cycle Le said Bitcoin’s recent weakness is largely driven by broader macroeconomic conditions rather than problems with the asset itself. Comparing the current environment to the 2022 downturn, he said Strategy has successfully navigated…

BitcoinAug 23

Ethereum’s 26% surge fuels run to $2.5K after whales dump 1.7M ETH — $3K next?

Ethereum’s largest whale wallets holding over 1000 $ETH trimmed off 1.7M coins in the last three months. According to Santiment, this whale cohort’s overall holdings dropped from 58.64M $ETH to 56.91M $ETH between May and August. This translated to a 2.9% fall. Notably, the mega whale holdings across exchanges and staking contracts also slipped from 7.07M $ETH to 6.54M $ETH. Interestingly, the wallet category holding 1 to 10 $ETH surged to over 4.5% of the circulating supply over the same period. This suggested that retail was actively accumulating during the Q2 drawdown. Will staking and ETF demand push $ETH above…

EthereumAug 23

Is it a Do-or-Die Situation? Market Analysts Say XRP Can Win Without SWIFT

Does $XRP Need SWIFT? Analysts Say the Future Doesn't Depend on It The debate over whether $XRP needs SWIFT has gained fresh momentum after SWIFT revealed that its blockchain-based shared ledger is ready for initial deployment just nine months after development began. More notably, this announcement marks a significant step in SWIFT's digital asset strategy and has reignited questions over whether the global messaging giant and $XRP are future rivals, partners, or entirely separate solutions. Various market analysts insist the answer is clear that $XRP doesn't need SWIFT to achieve global adoption. Market commentator X argued that Ripple has already…

AltcoinsAug 23

MiCA deadline left 1,062 EEA crypto firms without authorization

Only 281 of 1,343 crypto service providers operating across the European Economic Area have secured MiCA authorization after the EU’s final transition period expired on July 1, leaving more than 1,000 firms without approval under the bloc’s licensing regime. According to blockchain intelligence firm TRM Labs, 1,062 firms in its dataset had not obtained authorization under the Markets in Crypto-Assets Regulation by the deadline and must now leave the market, restructure their operations or transfer customers to an authorized provider. The gap extends beyond licensing. TRM found that 12% of firms without authorization carry a High or Severe risk rating,…

LegalAug 23

BTC Tries to Break Out as $66,000 Comes Into Play

Bitcoin is making another attempt to break out of its recent trading range today, and one analyst says the setup still leaves room for a move higher before any real downturn takes hold. The overall trend remains bearish according to the analysis, but the short-term picture tells a more hopeful story. Bitcoin’s support zone right now sits between $59,317 and $62,436, analysts say, and as long as that zone continues to hold, the case for a bigger bounce before any further decline stays intact. That view is backed by how the recent pullback looks on the charts. The decline from…

BitcoinAug 23

Coinbase Executive Jesse Pollak Denies ETH Sale Claims, Highlights Ecosystem Contributions

Jesse Pollak, the Coinbase executive leading the Ethereum layer-two network Base, has publicly refuted claims that the company has been selling its Ethereum holdings. In a series of posts on X, Pollak defended Coinbase’s position as a major $ETH holder and emphasized the company’s broader contributions to the Ethereum ecosystem. Background: Community Criticism and Pollak’s Response Recent criticism within the Ethereum community has centered on allegations that Coinbase has been offloading $ETH, including sequencer revenue generated through Base, while accumulating assets primarily in Bitcoin. Pollak directly rejected these claims, stating, “Coinbase is by far the largest holder of $ETH among…

EthereumAug 23