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Author: 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.

Mining

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

By NBTC

Data center operator Core Scientific (CORZ) announced an infrastructure partnership with Advanced Micro Devices (AMD) anchored by 15-year leases for 529 megawatts of U.S. AI capacity, which the company said could generate more than $14 billion in base contracted revenue. The capacity is expected to support AMD customer deployments beginning in 2027. The agreements give AMD, under certain conditions, the right to reserve another 1,925 MW through Dec. 28, 2028, potentially expanding the partnership to roughly 2.5 gigawatts. AMD directly leased 377 MW across Core Scientific sites in Pecos and Hunt County, Texas, and Muskogee, Oklahoma, according to the company’s…

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Bitcoin

Bitcoin ETF outflow pain eases just as another headwind gathers strength

By NBTC

"Overall this points to a stabilizing but still fragile ETF demand backdrop, where investors are no longer accelerating exits but are gradually repositioning capital, providing a potential floor to downside," the firm said. The other notable dynamic is the decoupling of the U.S. two-year Treasury yield, which is sensitive to Fed interest rate expectations, and WTI crude oil futures. While oil prices have collapsed, the two-year yield has strengthened, hovering at 4.21% as of this writing, the highest since February 2025. (Check the Daily Signal.) The decoupling indicates that oil and geopolitical headwinds for risk assets have been replaced by…

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Ethereum

Ethereum ETFs lose $70.7M as BlackRock leads withdrawals – What’s next for ETH?

By NBTC

Ethereum ETF outflows raised fresh concerns over institutional demand after U.S. spot ETFs recorded a $70.7 million net outflow on July 24. BlackRock accounted for the largest share of that activity after investors withdrew $52.8 million from its $ETH fund. The figures interrupted a period of sustained inflows and shifted attention toward whether large investors had started locking in profits. However, one trading session rarely defines a broader trend, especially after weeks of consistent institutional accumulation. Instead, the latest withdrawal suggested that some investors had adopted a more cautious stance near key price resistance. As a result, Ethereum faced greater…

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Regulation

Is Circle Planning to Launch a Korean Won Stablecoin?

By NBTC

Circle's (@circle) X feed turned into a run of handshake emojis on July 23. One post announced a memorandum of understanding (MOU) with Kakao Group, signed alongside Kakao Pay and KakaoBank. Another confirmed a second agreement with Toss (@toss__official) and Toss Bank, sealed at a stablecoin roundtable at Toss headquarters a day earlier. Two deals, two of South Korea's biggest consumer fintech names, and one question hanging over both: is the $USDC issuer about to launch a Korean won stablecoin? It is not. Circle has ruled that out repeatedly and on the record. What the agreements sketch instead is a…

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Altcoins

Banks use the XRP Ledger. They don’t buy XRP

By NBTC

This is the uncomfortable truth at the center of the $XRP investment case in 2026. The $XRP Ledger is winning. Banks and payment firms are adopting it, tokenized funds are settling on it, stablecoins are moving across it, and Ripple has built an end-to-end institutional infrastructure that traditional finance can plug into without changing how it operates. By almost every measure of adoption, the thesis $XRP holders have believed for years is finally coming true. And yet the $XRP token has spent 2026 stuck in a narrow band around $1.30, far below where its believers expected adoption to take it.…

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Legal

One year later, GENIUS Act just made stablecoins easier to sell

By NBTC

On the eve of the $GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in $USDT and $73 billion in $USDC. President Donald Trump signed the law on July 18, 2025, creating a federal framework with one-for-one liquid reserves, redemption rights, and monthly reserve disclosures for a market that moved faster than the rulebook. Federal Reserve researchers measured stablecoin capitalization at $317 billion on Apr. 6, up more than 50% from early 2025, and recorded a 50% increase in Ethereum stablecoin transaction volume since enactment. As of July 17, core implementation measures are still…

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Exchanges

FTX to begin fifth creditor distribution on July 31

By NBTC

The FTX Recovery Trust just announced another round of payments to creditors, this time worth approximately $900 million. Distributions will begin on July 31, 2026, marking yet another chapter in what has become the most consequential bankruptcy proceeding in crypto history. The record date for this distribution is June 16, 2026, meaning claimholders need to have their ducks in a row by then to be eligible. This round also includes a first: preferred equity holders will receive payments, expanding the circle of people finally getting something back from the wreckage Sam Bankman-Fried left behind. The numbers keep getting bigger Cumulative…

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Mining

Zcash 10X’d in a year but DCG’s Zcash miner kept losing money

By NBTC

Fortitude Mining Holdings, the Zcash ($ZEC) mining platform owned by Barry Silbert’s Digital Currency Group (DCG), has disclosed a set of disappointing financials that reveal tons of debt, years of losses, and $ZEC as a minority of revenue. The disclosure, which also reveals a highly adjusted EBITDA that disregards $32 million of depreciation, paints a very different picture to a pitch deck published by Fortitude last month. The deck, which is listed on the company’s website, proudly claims that as of a conveniently selected period of the 2025 fiscal year, Fortitude was debt-free. However, compelled by SEC rules to disclose…

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Bitcoin

Strive snaps up 759 BTC in move that eclipses Strategy

By NBTC

Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s latest $BTC purchase. According to a June 22 Form 8-K filed with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin treasury company acquired the coins between June 15 and June 21 at an average price of about $65,850 per Bitcoin, including fees and expenses. The transaction lifted Strive’s total holdings to 19,864 $BTC. At the reported purchase price, the acquisition was worth approximately $50 million. The buying spree represented a sharp increase from the company’s previous two weekly disclosures, which…

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Ethereum

CertiK Highlights Challenges in Certik Chain

By NBTC

CertiK has brought attention to several challenges facing the Certik Chain, which may affect Ethereum’s broader ecosystem. The analysis focuses on issues that need resolution to ensure the project’s success and sustainability. As Ethereum continues to evolve, understanding these challenges is crucial for investors and developers alike. For further details, visit the original tweet. Inside the Move The current landscape for Ethereum is intertwined with developments in the Certik Chain, as both operate within the same blockchain ecosystem. CertiK’s recent analysis highlights several concerns that could hinder the growth and stability of Certik Chain, thereby affecting Ethereum’s market dynamics. While…

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