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.

Fact, Hype, and What It Means

AltcoinsJul 30

Buried deep within Ripple’s developer documentation sits a page that, until recently, drew little attention outside engineering and payments compliance circles. The page lists bank identifiers, featuring short numeric codes used to route international payments, organized by country and, in some cases, by individual financial institutions. Before now, the document served a narrow purpose. Notably, it helps payment operators configure beneficiary details correctly when sending cross-border transactions. Then the $XRP community discovered it. Soon after, screenshots spread rapidly across social media. Commentators pointed to the sheer size of the list as evidence of something much larger. WOW! 💥 RIPPLE has…

Zama CEO Claims 1,000 Confidential Transfers Per Second on GPUs

BlockchainJul 30

Rand Hindi, CEO of the fully homomorphic encryption firm Zama, said the company reached 1,000 confidential transfers per second on GPUs, a self-reported benchmark he described as a milestone for the privacy technology. Fully homomorphic encryption, or FHE, lets computations run on encrypted data without decrypting it, a method Zama applies to confidential token transfers on public blockchains. Hindi posted the figures on X on Monday. Zama has not activated the performance on any live network. Hindi said the 1,000 tps figure is up from 0.2 tps when the company first demoed an FHE smart contract at ETHcc in 2022,…

Bitcoin Bounces 1.64% as Traders Eye 64K Breakout Zone

BitcoinJul 30

Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between $63,000 and $64,000. Trading volume spiked during the capitulation phase and has since pulled back, a pattern that often points to fading panic selling rather than fresh distribution. On the daily timeframe, resistance sits at $64,500 and again near $66,500, with major resistance layered at $67,000 to $68,000. $BTC/USD daily chart via Bitstamp on June 20, 2026. Support holds at $62,000 to $63,000, with major support at $59,000 to $60,000. The recovery structure stays intact as long as…

Ethereum price stalls below $2K as fear blocks breakout

EthereumJul 30

Ethereum price remained trapped near $1,920 on July 30 as resistance below $2,000, restrictive US monetary policy, delayed crypto legislation, and broader market fear limited demand. Ethereum price consolidates below $2,000 According to data from crypto.news, Ethereum ($ETH) price was trading around $1,922 at the time of writing, up roughly 0.6% on the daily chart but still unable to turn its July recovery into a clean breakout. The token has spent several sessions consolidating below $2,000 after briefly reaching the $1,970–$1,980 area earlier in the week. Sellers repeatedly appeared near the upper end of that range, preventing $ETH from challenging…

OpenAI raises cloud spending projection to $750B through 2030, intensifying the AI infrastructure arms race

RegulationJul 30

OpenAI has raised its projected spending on computing infrastructure to around $750 billion through 2030 as the company signs new cloud contracts and accelerates its data center expansion. The revised figure is up from approximately $600 billion projected earlier this year, according to The Wall Street Journal. The increase reflects OpenAI’s effort to secure the chips, power and facilities needed to train and operate increasingly capable AI models. OpenAI also announced Wednesday that it is designing and developing Project Camellia, a data center in Effingham County, Georgia. The company has committed $20 billion to begin developing the site, according to…

KGEN Burns 22 Million Tokens, Plans Deflationary Buyback Model

AltcoinsJul 30

$KGEN, a blockchain protocol focused on decentralized identity and reputation verification, has announced a significant token burn that will permanently remove 22 million $KGEN tokens from circulation. The move, which represents approximately 10% of the token’s circulating supply, is designed to reduce market supply and signal long-term commitment to token value stability. Source of the Burned Tokens The 22 million tokens being burned consist entirely of unclaimed airdropped tokens and unsold allocations from the project’s node sale. By eliminating these tokens, $KGEN aims to remove potential sell pressure that could arise from dormant or undistributed holdings entering the market. The…

Base Launches On-Chain Identity Feature to Combat Sybil Attacks on Testnet

BlockchainJul 30

Base, the layer-2 network developed by Coinbase, has introduced Base Verify Onchain, an on-chain identity feature designed to mitigate Sybil attacks across the blockchain ecosystem. The announcement, made via Base’s official X account, confirms that the feature is currently live on the Base Sepolia testnet. By leveraging social and Coinbase account verification, the tool aims to distinguish genuine users from those operating multiple accounts without compromising personal data. How Base Verify Onchain Works Sybil attacks occur when a single entity creates numerous pseudonymous accounts to manipulate network activities, such as airdrop distributions, governance votes, or incentive programs. Base Verify Onchain…

Billionaire Anthony Scaramucci Shares 5 Reasons Why He’s Still Bullish on Bitcoin

BitcoinJul 30

SkyBridge Capital founder Anthony Scaramucci stated that he maintains his long-term optimism for Bitcoin, and explained five key reasons why he remains bullish on BTC. According to Scaramucci, Bitcoin’s most important feature is that its value cannot be diminished by any government. Arguing that Bitcoin’s 21 million supply limit is secured by code, not promises, Scaramucci states that this forms the basis of his Bitcoin thesis in a world burdened with $37 trillion in debt. Scaramucci argued that the recent decline was not due to a breakdown in Bitcoin’s fundamental dynamics, but rather to selling pressure stemming from miners selling…

Institutions Rotate, Whales Accumulate—What’s Next for ETH?

EthereumJul 30

Ethereum price is regaining momentum as institutional investors and large holders appear to be positioning for the cryptocurrency’s next move. Recent market data indicates capital is gradually rotating from Bitcoin into Ethereum investment products, while on-chain activity shows whales continuing to remove significant amounts of $ETH from exchanges. The improving fundamentals come as Ethereum attempts to confirm a bullish double-bottom reversal, putting the spotlight on whether renewed demand can drive the second-largest cryptocurrency toward its next major resistance. Institutional Rotation Shifts the Spotlight to Ethereum Ethereum’s latest recovery is being supported by changing institutional positioning rather than speculative buying alone.…

Revolut hits $115 billion valuation in employee share sale: WSJ

RegulationJul 30

Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary share sale, lifting the company’s valuation by 53% in less than a year. The company priced shares at $2,017 each, according to an internal message from CEO Nik Storonsky reported by The Wall Street Journal. The transaction allows employees and other existing shareholders to sell stock rather than raising new capital for Revolut. The valuation has more than doubled from $45 billion in 2024 and makes Revolut Europe’s most valuable private company, representing a major rise from the $75 billion valuation seen in November last year. It…