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 price climbs above $65K after U.S.-Iran peace deal lifts markets

BitcoinAug 7

Bitcoin rose to its highest level in nearly two weeks on Monday after the United States and Iran announced a peace deal expected to reopen the Strait of Hormuz and ease pressure from energy markets. The move pushed bitcoin above $65,500, extending its rebound from last week’s drop below $60,000. According to crypto.news market data, $BTC traded near $65,759, up about 2.2% over 24 hours, with its daily high near $65,893. Meanwhile, the market reaction followed statements from U.S. President Donald Trump, Pakistani Prime Minister Shehbaz Sharif, and Iranian state media confirming that an agreement had been reached. Trump wrote…

Metaplanet completes Siiibo deal and launches securities subsidiary

RegulationAug 7

Metaplanet has officially launched Metaplanet Securities, turning its completed acquisition of Siiibo Securities into a regulated digital asset investment banking business built around Bitcoin-backed financial products. According to Metaplanet, the new subsidiary succeeds the Tokyo-based brokerage acquired for JPY 2.1 billion, completing a transaction first announced in June. メタプラネット証券、Day 1。@MetaplanetSec pic.twitter.com/qBhL5dGvAv — Metaplanet Inc. (@Metaplanet) July 13, 2026 The company said the business will operate under a Type I Financial Instruments Business Operator licence regulated by Japan’s Financial Services Agency, giving it the legal framework to structure and distribute securities products linked to digital assets. Rather than limiting its strategy…

SBI expands beyond Ripple with Canton Network unit

AltcoinsAug 7

SBI Holdings has restructured a wholly owned subsidiary around the Canton Network, extending its institutional blockchain strategy beyond Ripple and the $XRP Ledger. SBI creates dedicated Canton Network business SBI Holdings announced on July 28 that SBI Security Solutions had changed its name to SBI Digital Practice Co. Ltd., effective June 22. The wholly owned subsidiary will now operate as SBI’s dedicated on-chain finance business specializing in the Canton Network. SBI has also renewed the company’s management structure to support the change. Excerpt from SBI Holdings’ Canton Network restructuring notice | Source: SBI Holdings SBI Digital Practice will plan, develop,…

Electric Capital Confirms Non-Investment in FTX Amid Exchange Crisis

ExchangesAug 7

Electric Capital has publicly clarified its position regarding the FTX exchange, stating that it was not an investor in FTX and did not engage in trading with Alameda. The firm revealed that approximately $125,000 remains stuck on the FTX platform, which was allocated to assist a portfolio company. This clarification comes in the wake of the broader fallout from the exchange’s collapse, emphasizing Electric Capital’s commitment to supporting those affected by the situation. More details can be found in their official tweet. Breaking It Down The crypto market is currently navigating through turbulent waters, with exchanges facing scrutiny following the…

The Iran deal is done. Why Bitcoin is not celebrating

BitcoinAug 7

After four months of war, the US and Iran reached a deal on June 14. Bitcoin rose 2%, not 20%. The gap between the headline and the price move is a lesson the market learned the hard way, three broken ceasefires ago. On June 14, 2026, Donald Trump posted to Truth Social that the deal with Iran was complete, authorized the toll-free reopening of the Strait of Hormuz, lifted the US naval blockade, and signed off with a flourish: “Ships of the World, start your engines. Let the oil flow!” It was the end, on paper, of a four-month war…

XRP Breaks 2-Month ETF Inflow Streak, Misses Out on Massive US Market Rebound

RegulationAug 7

The trading week from July 6 to July 10 restored optimism to the US cryptocurrency ETF market, but the $XRP sector unexpectedly remained on the sidelines of the rally. While institutional investors were actively buying discounted BTC and ETH, spot $XRP ETFs recorded $7.18 million in net outflows, according to SoSoValue. For $XRP funds, the week ended a two-month streak of steady inflows. Notably, the entire decline resulted from investors closing positions in one specific fund. Total $XRP Spot ETF Net Inflow Month-to-Month, Source: SoSoValue Investors withdrew $7.29 million from the Bitwise $XRP ETF, with most of the selling taking…

“It Has Nothing to Do With Us”

AltcoinsAug 7

Atsuko Sato, the owner of Kabosu, the Shiba Inu dog that inspired Dogecoin, has stated that she has no connection whatsoever with the CATE token projects circulating in the cryptocurrency market. Sato stated that a post he made on his Instagram account was used without his permission, and that fake tokens were launched using this content, falsely portraying him as being associated with it. The owner of Kabosu expressed his regret that some accounts with high follower counts on the X platform also contributed to the spread of these posts. Related News Analysis Company Issues Bitcoin Warning: “It Could Still…

'Law Enforcement Wants CLARITY Passed,' Coinbase's CLO Asks if Senate Wants the Same

LegalAug 7

Coinbase's CLO, Paul Grewal, has reacted to the recent Clarity Act endorsement from the National Fraternal Order of Police (FOP), a major law enforcement group. Upon hearing the news about the group endorsing the latest version of the bill, Grewal questioned the Senate's standing on the matter. Grewal calls Senate to action Grewal's post came after Eleanor Terrett, an American crypto reporter, shared news about the FOP, one of the law enforcement groups involved in negotiations over the Blockchain Regulatory Certainty Act (BRCA), publicly supporting the latest version of the Clarity bill. In his statement, Grewal asked whether the Senate…

World Liberty Financial Deposits 40.69M TRX into HTX

ExchangesAug 7

World Liberty Financial has made a notable move by depositing 40.69 million $TRX, valued at approximately $11.23 million, into the HTX exchange. This transaction, confirmed by a tweet from Hupzy, showcases the company’s ongoing activity in the digital asset space and reflects broader trends in institutional investment. Breaking It Down The recent deposit by World Liberty Financial comes amid a mixed sentiment in the broader cryptocurrency market. Despite fluctuations, $TRX has shown resilience, trading near its all-time highs while outperforming BTC and ETH. The acquisition of these tokens for $10 million between January 20-23 positions the firm to realize an…

Expert maps Bitcoin’s path to $38,500 crash

BitcoinAug 7

Bitcoin (BTC) could decline to as low as $38,500 by October 2026 if historical bear market patterns continue to repeat, according to an analysis by TradingShot. The forecast is based on Bitcoin’s behavior during previous bear market bottoms and its relationship with long-term exponential moving averages (EMAs). The analysis, shared in a TradingView post on June 15, suggests Bitcoin’s current bear cycle may not be complete despite the asset trading roughly 50% below its October 2025 all-time high near $126,300. According to TradingShot, every major Bitcoin bear market bottom has historically formed within a lower EMA zone than the previous…