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.

Bitcoin Reclaims $65,000 as Market Completely Reverses Jim Cramer's 'Quantum Scare'

One of the crypto market's most paradoxical yet persistent signals has just flashed again. Bitcoin rose by nearly $2,500 only a few days after longtime CNBC Mad Money host Jim Cramer announced that he was completely exiting the asset because of the so-called quantum threat. While Cramer was protecting his capital, Bitcoin rebounded from a local bottom at $62,200, moved higher and reclaimed the psychologically important $65,000 level. On social media and in trading chats, the move has already been described as another triumph of the "Inverse Cramer" strategy. Jim Cramer gets scared of supercomputers Cramer's radical decision was prompted…

BitcoinAug 21

Ethereum Foundation Core Developer Sina Mahmoodi Departs After Seven Years

Sina Mahmoodi, a core developer at the Ethereum Foundation, has announced his departure from the organization after seven years of contributing to the blockchain ecosystem. In a post on X, Mahmoodi confirmed that his decision to leave was driven by a desire to explore new challenges and continue learning, while reiterating his unwavering belief in Ethereum’s long-term importance. Background and Contributions Mahmoodi joined the Ethereum Foundation shortly after graduating from college, where he quickly became part of the core development team. Over the past seven years, he has worked alongside highly capable and deeply committed individuals, contributing to the protocol’s…

EthereumAug 21

$1,000 invested in Nvidia stock one month ago is now worth

After enjoying a stock market recovery through most of July, Nvidia (NASDAQ: NVDA) took a nosedive late in the month, effectively leaving investors who took the June decline as a buying opportunity flat. Indeed, if a trader purchased $1,000 worth of NVDA shares one month ago, they would have been acquiring the equity roughly at $194.97. At the latest closing bell, Nvidia stock was changing hands at $196.51, meaning the late June investment would have risen $7.90 to $1,007.90. If the Tuesday, July 28, pre-market is taken into account, the position would turn into a slight loser given NVDA shares’…

RegulationAug 21

Will adoption drive token scarcity?

Uniswap [$UNI] has opened community voting on a proposal that could introduce the protocol’s first sustained $UNI burn mechanism. The initiative spans three governance votes. They include protocol fee activation on Robinhood Chain, v4 deployment, and bridge infrastructure across all other chains. If Uniswap members approve the proposals, the protocol will begin depositing fees into TokenJar accounts. At press time, the voting stood at 74% in support of the proposal. Once there, users can acquire an amount of $UNI sufficient to burn it completely and in turn collect their $UNI from the TokenJar account. The proposal will link the supply…

AltcoinsAug 21

CFTC Puts Prediction-Market Rewards Under the Microscope

The Commodity Futures Trading Commission (CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and regulates market activities against manipulation, fraud, and abuse trade practices and promotes fairness in futures contracts. The CEA also included the Sad-Johnson Agreement, which defined the authority and responsibilities for the monitoring of financial contracts between the Commodity Futures Trading Commission and the Securities and Exchange Commiss The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and regulates market activities against…

LegalAug 21

Bitfinex gives users 14 days to withdraw 13 delisted tokens or face fees and uncertain recovery

Bitfinex users holding 13 recently delisted cryptocurrencies must withdraw their assets by 10 a.m. UTC on Aug. 31 or become dependent on a restricted, fee-bearing recovery process. Following the deadline, the crypto exchange will disable standard withdrawals for the affected tokens. Any subsequent retrieval attempts will be handled entirely at Bitfinex’s discretion during a two-month window. The exchange noted that this manual recovery is not guaranteed to succeed, incurs additional fees deducted from the recovered amount, and lacks a fixed completion timeline. Affected assets and platform exceptions The withdrawal mandate applies to Cosmos (ATOM), Bit2Me (B2M), Bitget Token (BGB), EigenLayer…

ExchangesAug 21

Bitcoin treasury trade ‘breaking’ and fund holdings drop 10%: Analysis

Bitcoin ($BTC) institutional investment vehicles have shed 10% of their $BTC holdings since May as analysis warns of a “breaking” sector. Key points: Bitcoin institutional funds see a blanket 10% reduction in holdings over three months. Analysis says that the Bitcoin treasury model is “breaking” as company valuations fall below net asset value. Coinbase premium has been negative for a record 93 days. Fund exposure drops as Bitcoin treasury companies face squeeze Data from onchain analytics platform CryptoQuant shows that combined institutional $BTC exposure, which includes trusts, exchange-traded funds (ETFs) and closed-end funds, has fallen from 1.33 million to 1.20…

BitcoinAug 21

Ethereum Price Prediction for August—ETH Builds Bullish Setup as it Approaches the Key Resistance

The Ethereum price is currently chopping below a key resistance area, holding around the $1,900 level after its recent recovery. On the 4-hour chart, the structure still shows a series of higher lows, which suggests buyers are slowly stepping in, but overall price action remains range-bound as both sides wait for a clear direction. Currently, the important level to watch is the $1,935–$1,945 zone. If $ETH manages to break above this area, it could open the door for a move above $2000. $ETH Consolidates Below Key Resistance $ETH is currently moving sideways just below a key resistance area, holding around…

EthereumAug 21

Visa to eliminate 7% of workforce as CEO pushes efficiency plan: Report

Visa is reducing its workforce by about 2,600 employees, or roughly 7%, in an effort to improve operational efficiency as competition in digital payments intensifies. CEO Ryan McInerney said in a company memo obtained by Bloomberg that the layoffs would largely affect the technology and product teams. Visa employed about 34,100 people at the close of its last fiscal year. McInerney said the company is reshaping how it operates to better position itself for future growth, arguing that greater efficiency will enable Visa to reinvest in higher-potential businesses. He noted that AI is accelerating software development and changing how employees…

RegulationAug 21

Circle mints $68.26B in USDC on Solana, feeding global dollar liquidity

Circle minted another roughly $750 million worth of $USDC on Solana on July 13, pushing its cumulative issuance on the network this year to around $68.26 billion, according to blockchain tracker Onchain Lens. The action emphasizes Solana’s position as one of the major crypto platforms for dollar liquidity as the market participants continue to observe $USDC minting as an early sign of capital movements. $USDC is a significant asset in the digital economy. It is commonly used to settle trades, provide collateral for lending and derivatives usage, and execute transactions relating to real-world assets in their tokenized form. As a…

AltcoinsAug 21