Author: NBTC

Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large $BTC transfer to Coinbase Prime. “Haven’t touched my $BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin to reach $250,000 within one year. The statement came after blockchain analytics platform Lookonchain reported Thursday that a wallet “possibly linked” to Draper had transferred 1,000 Bitcoin worth about $62 million to Coinbase Prime, citing data from Arkham. The case highlights both the growing role of blockchain analytics in tracking large crypto transfers and the challenges of independently confirming…

Large cryptocurrency investors have continued buying Ethereum over the past three days. They withdrew nearly 82,000 $ETH, worth more than $154 million, from major exchanges this week. At the same time, Fundstrat Chairman Tom Lee shared a long-term bullish outlook for Ethereum. He said the cryptocurrency could ‘easily’ rise 100-fold. Whales Withdraw Nearly 82,000 $ETH From Exchanges According to blockchain analytics platform Lookonchain, several whale wallets accumulated Ethereum between July 15 and July 17. On July 17, two newly created wallets withdrew 20,000 $ETH worth about $37.72 million from Coinbase Prime. During the same period, investment firm Abraxas Capital withdrew…

Kraken’s parent company is bringing one of Wall Street’s most coveted opportunities to crypto investors: buying into IPOs at the same price as institutional investors. Payward, the parent company of the crypto exchange, said Wednesday it will “soon” allow customers of Kraken and other members of its xStocks Alliance to participate in U.S.-listed initial public offerings through tokenized shares. The offering would give eligible investors a chance to receive allocations at the IPO price rather than purchasing shares after trading begins on public markets. The first tokenized IPO offerings are expected to become available through Kraken and other xStocks Alliance…

The cryptocurrency project World, previously known as Worldcoin, has announced a significant strategic shift. The project is moving away from its reliance on token-based incentives to drive adoption and is instead focusing on monetizing its core technology: proof of human verification. This transition was detailed in a recent update on X, outlining the third phase of its five-part ‘Simple Plan’ roadmap. World ID 4.0 and the Introduction of Protocol Fees At the heart of this new strategy is World ID 4.0, an upgraded version of its digital identity system. The key change is a fee-based structure for businesses and platforms…

São Paulo State Court Rules against Coinbase in $100K Trial The state of São Paulo has ruled against Coinbase in a case that might set a precedent in the self-custody cryptocurrency wallet provider industry. The São Paulo State Court ordered Coinbase to return nearly $100K to a user who deposited these funds into the Coinbase wallet, citing the Customer Protection Code provisions, which place the burden of proof for any claim on the business providing the service. The customer claimed that the funds disappeared from their wallet without authorization. Coinbase alleged that it was not involved in this matter because…

Farside Investors’ new BIP-110 signaling alerts have put Bitcoin’s arbitrary-data dispute on a live deadline, giving exchanges, wallets, miners, pools, and node operators a concrete August window to plan around even while miner signaling remains low. A July 3 Farside post reported a new BIP-110 signaling block and listed 7 signaling blocks in the current period. Farside’s Q&A says its X account will post automatically each time a BIP-110 signaling block is produced. Miner support remains minimal. BGeometrics’ daily API, retrieved July 3 and current through July 2, shows 38 BIP-110 signaling blocks out of 9,066 total blocks since May…

Ethereum trades at $1,827.95 on July 17, down 1.89%, giving back gains after pushing above the descending trendline that capped every recovery attempt since February. The pullback is arriving with open interest falling 5.99% and long liquidations hitting $84.93M in 24 hours, pointing to leveraged traders getting shaken out rather than sellers driving a trend reversal. $ETH Price Today: Trendline Break Meets First Real Test $ETH 1D Price Action (Source: TradingView) The daily chart shows $ETH breaking above the descending trendline that has defined the bear trend since February, with price now pulling back toward the 50-day EMA at $1,809.16…

Julian Sawyer, CEO of Zodia Custody, described Standard Chartered’s ongoing acquisition of the firm as a “major validation” that highlights a growing reality in mainstream finance: legacy banks cannot build institutional-grade digital asset custody safely or efficiently without proper software. Instead of treating crypto as an isolated sector, Sawyer noted that the industry is hitting a maturity point where the underlying blockchain infrastructure is moving toward real-world asset tokenization and stablecoin payments. “This is the maturity point of where custody of the blockchain…is moving from crypto to other assets, stable coins and tokenization,” he said in an interview with CoinDesk…

A resurfaced video of Elon Musk discussing cryptocurrencies like Bitcoin and Dogecoin is making the rounds on X again. The clip is from a 2024 podcast interview and was recently shared by Bitcoin advocate Jack Carroll. In it, Musk warns investors not to blindly trust cryptocurrency promotions they see online. ELON MUSK: “I’m not going to be promoting crypto, at most, in a joking way. If you see me pumping crypto, it’s not me. I do think there’s merit in Bitcoin. I’ve sort of got a soft spot for Dogecoin because I like dogs and memes.” pic.twitter.com/19oGGn4NY2 — Teddy –…

Pakistan is home to roughly 40 million crypto users — the third-largest base in the world — and its regulators are now navigating a collision course between digital finance ambition and Islamic legal authority. At the heart of this tension sits a fatwa issued on June 10 that declared digital asset payments, including stablecoins like $USDT, impermissible under Islamic law. For a country building one of the more ambitious crypto regulatory frameworks in the developing world, that ruling is not a minor footnote. Key takeaways A fatwa issued on June 10 declared digital asset payments, including $USDT and other stablecoins,…