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.

Texas Bitcoin Miners with Secured Power Capacity Could See Valuation Gains

MiningAug 4

Investment firm Bernstein has indicated that Bitcoin miners and AI infrastructure companies operating in Texas with secured power capacity may see their valuations rise, as the state begins auditing grid interconnection projects for data centers. The report, which was covered by The Block, points to growing political opposition to new data centers and potential limits on new power supply under state regulations. Why Secured Power Capacity Matters The core of Bernstein’s argument is that the scarcity value of already approved megawatts will increase. As Texas reviews grid interconnection projects, the ability to secure power capacity becomes a critical asset. Bernstein…

Dormant Bitcoin Whale Moves 2,373 BTC After Seven Years of Silence

BitcoinAug 4

TL:DR: An inactive Bitcoin address mobilized a total of 2,373 $BTC after a latency period of between five and seven years. The transfer of the assets was carried out at the moment when the price of Bitcoin surpassed the $66,000 mark. The financial movement represented an estimated market value of approximately $156 million. The recent rally in cryptocurrency markets caused a dormant Bitcoin whale to reactivate its financial operations after a long period of inactivity. The entity executed a massive transfer of funds coinciding with the asset’s return above a major trading threshold. Data from CryptoQuant indicates that Maartun, an…

DeFi Platform Drops Consumer App, Pivots to Big Tech OTC Lending After 75% Revenue Crash

DeFiAug 4

A DeFi lending platform that once brought in $80 million in revenue has quietly dismantled its consumer-facing app, cutting off retail users entirely, as its OTC lending desk to tech giants now holds $260 million in outstanding loans. The pivot, detailed in the original report, reveals how some crypto-native companies are radically reorienting toward institutional demand after a brutal bear market erased retail exuberance. The Bear Market Reckoning During the last cycle’s peak, the platform raked in $80 million from a user base that included retail borrowers and lenders. As asset prices collapsed and on-chain activity dried up, those revenues…

FED Chair Warsh and Senior FED Officials Issue Hot Statements

RegulationAug 4

Federal Reserve Board member Lisa Cook said that inflation expectations are currently stable, but this depends on maintaining appropriate monetary policy. Cook stated that the Fed should not become complacent and that a cautious approach to inflation must continue. Cook stated that since last summer, the balance of risks has shifted significantly towards higher inflation, while the downside risks to the labor market have decreased. According to Cook, the US labor market generally maintains a stable appearance. Cook stated that it would be reasonable to expect inflation to slow down for some time, but added that the Fed is ready…

Ripple Executive Details 5 Major XRP Amendments Set to Transform the Network

AltcoinsAug 4

The xrpld 3.3.0 technology version integrates a consolidated package of five protocol amendments scheduled for official distribution next week. The delivery-versus-payment (DvP) settlement feature allows grouping and executing up to eight transactions atomically under an all-or-nothing principle. The fee sponsorship mechanism enables financial institutions to absorb network costs and account reserves for their end users. RippleX’s Product Lead, Jazzi Cooper, announced the launch of a new technology update package centered on the executable xrpld 3.3.0. This proposal includes five $XRP amendments designed to accelerate global network adoption in cross-border payment operations, collateral management, asset trading, and instant settlement. XRPL has…

Ripple CEO Garlinghouse Says CLARITY Act Could Unlock XRP’s Next Major Chapter

LegalAug 4

Garlinghouse Calls CLARITY Act the Final $XRP Regulatory Barrier as Institutional Adoption Looms Ripple CEO Brad Garlinghouse believes the CLARITY Act could be the last major regulatory hurdle preventing $XRP from achieving broader institutional adoption. Responding to a post on X, formerly Twitter, by Ripple Chief Legal Officer Stuart Alderoty, Garlinghouse backed the push for the legislation, stating: “My thoughts exactly… Perfect can't be the enemy of good. Let's get this done.” Alderoty described the CLARITY Act as a consumer protection framework rather than just a crypto industry bill. He argued that the legislation would strengthen anti-money laundering (AML) and…

Hong Kong crypto giant HashKey merges regional exchange into one

ExchangesAug 4

Hong Kong digital asset services business HashKey Holdings has merged its HashKey Exchange and HashKey Global exchanges into a single platform and application. Core jurisdictional hubs including Hong Kong, Singapore, the Middle East (Dubai) and Bermuda have been merged under a single platform, according to a Monday announcement. The move represents a departure from the early stages of the virtual asset industry when licensed exchanges typically operated under regional siloed models to simplify compliance. HashKey said. The transition follows a principle of “unified entry, localized compliance” where all users download the same application while the platform manages compliance across their…

UNI Gains 22% in 24 Hours With $621M Volume, Extending Standard Chartered Bull Thesis

BitcoinAug 4

Uniswap's $UNI token climbed 22% in 24 hours to $3.28 on $621 million in trading volume Tuesday, one day after Standard Chartered published a $100 long-term price target for the asset. The move hit the 100th percentile of CoinGecko's recent price-change distribution for $UNI, meaning no comparable 24-hour window in the tracked dataset registered a larger gain. The volume-to-market-cap ratio came in at 0.30 against a $2.04 billion market cap, a level that distinguishes the session from thin-book price manipulation. $UNI has gained 31% over the trailing seven days and is trading roughly 93% below its 2021 all-time high of…

What are intents and solvers? The invisible layer executing your DeFi trades

DeFiAug 4

Introduction Most DeFi users believe they interact directly with an automated market maker when they swap tokens on Uniswap or SushiSwap. In 2022, this was broadly true. A user signed a transaction, that transaction entered the public mempool, a validator included it in a block, and the AMM’s constant-product formula determined the price. This model has a problem. Public mempools are hunting grounds. MEV bots monitor pending transactions and execute sandwich attacks: they buy before your trade pushes the price up, then sell after, extracting value from the spread. Flashbots estimated that MEV extraction on Ethereum exceeded $600 million in…

Strive bought STRC instead of holding ‘idle cash,’ lost over $4M

RegulationAug 4

Following Michael Saylor’s advertisements likening STRC to a high-yield bank account or money market, Strive swapped $50 million of the cash it had in March for STRC, and soon added another $500,000. As of a new filing, the asset manager quietly disclosed that its shares were worth just $44.18 million as of July 10, a paper loss of roughly $6.3 million excluding dividends. Although it published a glowing press release about its purchase, the admission of loss sat otherwise unannounced in an SEC filing, tucked between cash and $BTC balances. Unlike the purchase, no press campaign trumpeted the loss. The…