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.

CLARITY Bill Dispute Highlights Crypto Education Gap

LegalAug 12

The controversy surrounding the CLARITY bill has exposed a broader problem within the cryptocurrency industry: a persistent lack of education among key stakeholders. Nate Geraci, CEO of wealth management firm Novadius, argues that many politicians, major financial institutions, and mainstream media outlets either misunderstand the fundamental nature of digital assets or view them as a threat. Geraci suggests that a more concerted effort toward education could bridge this divide, regardless of the underlying motive. Understanding the CLARITY Bill and Its Stalled Progress The CLARITY bill, which aims to provide regulatory clarity for digital assets, has faced significant delays despite a…

Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

ExchangesAug 12

Robinhood Chain's decentralized exchange volume fell 72.5% between its Jul. 11 peak and Aug. 1, but every other headline metric on the chain kept climbing through the drop. While transactions, total value locked and stablecoin supply are all at record highs, the size of the average trade collapsed. The chain processes more activity worth less, and more than 90% of the incentives being paid on the network go to depositors. RH Chain DEX Volume and Transaction Value. Source: DeFiLlama, The Defiant Down Seventy-Two Percent Volume peaked at about $878 million on Jul. 11, 10 days after the chain went live,…

Bitcoin fell 20% over the last 90 days, while equities rose

BitcoinAug 12

Bitcoin is steeply lagging behind equities, and until it begins to regain strength, the current market will remain dominated by stocks, according to Glassnode. Over the past 90 days, Bitcoin has dropped by 20%, four times as much as the S&P 500, which rose by 5% in the same period. Looking further back, the crypto market has performed the worst among major asset classes so far this year. Bitcoin is down 35%, and altcoins are down 57% since January. In contrast, gold is up 60%, copper 66%, and silver 107%. Nasdaq and Russell 2000 see a 38% and 31%, respectively,…

Bernstein Reaffirms Outperform on TeraWulf, Sees HPC Pivot Driving Growth

RegulationAug 12

Bernstein has reiterated its outperform rating on TeraWulf (NASDAQ: WULF) and maintained a $36 price target, following the company’s second-quarter earnings report. The firm’s positive stance is driven by TeraWulf’s significant progress in its high-performance computing (HPC) segment, which generated $32 million in revenue and accounted for 71% of total revenue during the quarter. This marks a strategic shift from traditional bitcoin mining toward AI and cloud infrastructure services, a move that analysts see as a key differentiator in the competitive crypto mining landscape. Strategic Shift to High-Performance Computing TeraWulf’s pivot to HPC is not just a diversification tactic; it’s…

Litecoin’s LitVM hits 140M testnet transactions – Can it spark LTC’s DeFi growth?

AltcoinsAug 12

Litecoin [$LTC] is preparing to introduce smart contracts through LitVM, an EVM-compatible layer-2 that extends the network without changing its base layer. Rather than modifying Litecoin’s base layer, LitVM will be executing transactions off-chain before settling them back on Layer-1. As a result, it will be preserving the network’s established security model. Meanwhile, the LiteForge public testnet has already processed over 140 million transactions across 11 million addresses. The milestone suggests that the developers have been actively exploring the network. Source: X Still, according to DeFiLlama data, Litecoin’s DeFi ecosystem holds only $700,000 in total value locked. This implies that…

There Are Some Unusual Moves in Whale Activity for XRP

ExchangesAug 12

CryptoQuant, a cryptocurrency analysis platform, has reported a significant increase in the influence of large whales on Binance for $XRP transfers. According to CryptoQuant data, the seven-day moving average of whale dominance in $XRP outflows from Binance rose to 81% on August 3rd. This was the second highest level the indicator has reached since June 11th, when it was 81.3%. On the same date, the share of outflows by individual investors on Binance decreased to 18 percent. This rate was equal to the level seen on June 11th. The data showed that approximately four-fifths of $XRP outflows from Binance originated…

Strategy has sold nearly 7,000 BTC in 2026

BitcoinAug 12

Michael Saylor’s Strategy has sold 6,948 $BTC in 2026, raising $431.8 million as part of its $BTC monetization program. Saylor first announced in May that Strategy would soon start selling its $BTC. Then in late June, the company revealed it would sell its accrued $BTC as part of a monetization program to raise $1.25 billion for its USD reserve. The money would be spent on preferred stock dividends, digital credit securities or Class A common stock. Strategy’s K-8 filings reveal that its first sale of 32 $BTC took place in late May. This sale made the firm $2.5 million while…

Guangdong free trade zone plan includes cross border digital yuan push

RegulationAug 12

Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pilot Free Trade Zone. According to a draft of the China (Guangdong) Pilot Free Trade Zone 15th Five-Year Development Plan (2026–2030) released by the Guangdong Department of Commerce on Aug. 6 for public consultation, the province intends to enlarge financial opening measures while supporting more digital yuan use cases and expanding trials for cross-border e-CNY payments. The consultation document, which will remain open for public feedback until Sept. 5, also outlines plans to support offshore…

XRP Ledger Axelar Integration Opens A New Cross-Chain DeFi Route

AltcoinsAug 12

$XRP Ledger Axelar Integration Opens A New Cross-Chain DeFi Route The $XRP Ledger has connected to Axelar, opening a new route for $XRP and XRPL-native assets to move into broader cross-chain DeFi environments. The integration allows $XRP to connect with applications across EVM and Cosmos ecosystems through Axelar’s interoperability stack. That does not mean XRPL has become a native EVM chain. It means XRPL assets now have a clearer bridge into other networks and applications. That distinction matters. For years, $XRP has been one of the most liquid assets in crypto, but XRPL’s DeFi ecosystem has developed differently from Ethereum-style…

The longer CLARITY stalls, the bigger crypto giants could get

LegalAug 12

The time is running out for the CLARITY Act before the Senate takes its recess on August 7, and the impact of this delay is being felt differently in the crypto space. Major firms are managing to raise funds, but smaller companies, DeFi projects, and community banks are still expecting the appropriate regulations, which, it seems, will come up only in 2027. That disparity became clear this week when Cathie Wood’s ARK Invest increased its stake in Coinbase and Circle Internet, according to Investor’s Business Daily, whereas Senate Majority Leader John Thune said nothing except that he was looking for…