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 Act odds hit record-low 27% after Senate delay

LegalAug 3

Polymarket traders cut the CLARITY Act’s chances of becoming law in 2026 to a record-low 27% after the Senate postponed action on the crypto market structure bill. CLARITY Act odds fall as Senate changes priorities The Polymarket contract asking whether crypto market structure legislation will become law in 2026 fell to 27% on July 29. The price represents traders’ assessment rather than an independent forecast, but it shows growing doubts about the bill’s shrinking legislative window. Source: Polymarket Galaxy Digital has also lowered its estimated probability of passage to 30% as negotiations extend further into the Senate calendar. As crypto.news…

PayPal expands stablecoin push as crypto assets factor into Q2 results

ExchangesAug 3

Global payments giant PayPal highlighted stablecoins and artificial intelligence-driven payment tools as part of its second-quarter strategy while crypto assets remained part of its earnings reconciliation. PayPal reported Q2 earnings of $1.26 per share on Tuesday, compared with $1.30 per share in the same period last year and below analysts’ $1.28 estimate. Revenue reached $8.68 billion, up from $8.29 billion a year earlier and above the $8.47 billion analyst consensus. The company also recorded an $81 million non-GAAP adjustment related to gains and losses from strategic investments and crypto assets held for investment. PayPal said it excludes gains and losses…

Big Bull Michael Saylor Explains the Main Reason for Bitcoin’s Drop! Shares His Prediction for the Rise!

BitcoinAug 3

Strategy founder Michael Saylor, who has been making headlines with his Bitcoin sales after a long period of silence, has commented on the recent decline. Speaking to Natalie Brunell, Michael Saylor pointed to a single reason for the decline: “artificial intelligence.” Saylor argued that there was significant market interest in the AI sector, and this wave was temporarily diverting capital away from Bitcoin. However, Saylor predicts that the current AI trend will reverse before the end of the year. According to Saylor, Wall Street is currently focused on the artificial intelligence sector. He cited companies like OpenAI, Anthropic, Google, Meta,…

Chief Economist and Analyst Argues the Fed Will Raise Interest Rates, Explains Why

RegulationAug 3

Although the latest economic data released in the US indicated a smaller-than-expected decline in inflation, economists say that core inflation pressures and the buoyancy of economic activity continue to pose risks. Experts appearing on a CNBC discussion program predict that the Fed will be forced to abandon interest rate cuts and resume tightening measures. SMBC Chief Economist Joe Lavorgna stated that the U.S. economy is maintaining its growth trajectory, retail sales are strong, and jobless claims remain extremely low, confirming the tightness of the labor market. Lavorgna, recalling that the Fed eased monetary policy by 75 basis points last year…

One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

AltcoinsAug 3

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol's $SKY governance token, reported that $2.2 million of second-quarter staking revenue roughly matched its company-defined cash operating expenses. The comparison used reported dollar values: SDEV received the rewards in $SKY and sold none during the quarter, meaning SDEV would need to sell tokens before using the rewards to pay operating costs. SDEV calculated cash operating expenses, a non-GAAP measure, by subtracting about $3.2 million of noncash stock compensation from $5.4 million of general and administrative expense. The result was approximately $2.2 million. The company earned 31.7 million…

Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report

LegalAug 3

Bipartisan work on the long-awaited Clarity Act continues after Democratic senator Catherine Cortez Masto said that she, along with two law enforcement groups, are feeling “good” about proposed changes to the bill, according to a news report. Along with the National Association of Assistant U.S. Attorneys and the National District Attorneys Association, Cortez backed changes to the bill and said they felt positive about “the chance to resolve this issue once and for all,” according to a POLITICO report. The changes were sent to the White House. A number of lawmakers are hoping the Clarity Act — which would set…

Emirates Crypto payment goes live as Dubai eyes 90% cashless by 2026

ExchangesAug 3

When one of the world’s largest airlines quietly adds a crypto payment option at checkout, it signals something bigger than a software update. Emirates has officially rolled out Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to book flights using digital payments settled in Emirati Dirham — and the move lands squarely in the middle of Dubai’s most ambitious economic transformation yet. Key takeaways Emirates has launched Crypto.com Pay on emirates.com and the Emirates App for eligible UAE residents paying in AED. The partnership was formalized in July 2025 with a Memorandum of…

Bitcoin Miners Face August Showdown After Revenue Rebound

MiningAug 3

May’s Boom Quickly Turned Into June’s Bust The latest six months of mining revenue tell a story miners know all too well. Bitcoin’s price swings and bursts of onchain activity can give earnings a temporary boost, but block rewards still do almost all of the heavy lifting. Transaction fees may grab headlines during brief spikes, yet they remain a small slice of what actually keeps mining operations running month after month. Monthly mining revenue data from Newhedge.io shows July delivered only a partial recovery after June’s punishing 23% collapse, a drop that erased May’s rally and then some. April closed…

List of the Most-Searched Altcoins in Recent Hours Has Been Revealed

AltcoinsAug 3

CoinGecko, a cryptocurrency data and tracking platform, has announced the most searched cryptocurrencies by users in the last three hours. Pudgy Penguins ($PENGU) topped the platform’s trending list, while Catecoin (CATE) and Bless ($BLESS) completed the top three. According to CoinGecko data, $PENGU gained 3.9% in value in the last 24 hours. CATE, which ranks second on the list, saw its price rise by 126.2% during the same period, while $BLESS experienced a daily increase of 86.1%. What IF (IF) also stood out with a daily increase of 41.9%. Related News Watch Out: Entering a Critical Week—Numerous Economic Developments and…

US prosecutors propose changes to CLARITY as voting window narrows: Report

LegalAug 3

Organizations representing law enforcement officials in the US have reportedly proposed changes to a comprehensive cryptocurrency market structure bill under consideration in the Senate, with only days left until the chamber breaks for a month-long recess. According to a Tuesday Politico report, the National Association of Assistant US Attorneys and the National District Attorneys Association sent a letter to the White House asking for changes on provisions regarding developers in the Digital Asset Market Clarity (CLARITY) Act. The changes proposed to the Blockchain Regulatory Certainty Act (BRCA) within the CLARITY Act included that guidelines on developers not “create, expand, or…