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.
K A L E O has amplified a widely shared post inviting discussion on $STRC’s strategy. The tweet details an invitation from the largest holder of $STRC to join a space, aiming to cover various strategic aspects. This engagement could foster deeper community insight into the project. The Story So Far The broader crypto market shows mixed signals, with different assets exhibiting varying momentum. K A L E O’s retweet has sparked interest in the $STRC community, as many are eager to hear the insights from the largest holder. This discussion is expected to delve into strategic approaches and community…
Nearly seven out of every 10 tokens launched on the Solana-based meme coin launchpad, Pump.fun, since January 2024, stopped trading on the same day they were created, according to a new analysis by CoinGecko. The study examined more than 18.67 million tokens launched on the platform, excluding only those that never recorded any trading activity. It found that almost 69% of tokens, or around 12.8 million, saw their final trade on the day they launched and did not remain active beyond a single calendar day. Overall, only 850,000 tokens, or 4.55% of all launches, survived for more than 90 days.…
“We keep hearing that there are other competing priorities in the Senate, and while that may be true, everyone is still prioritizing this, and that’s why you see readouts daily of different Senate groups meeting together, Republicans and Democrats sitting over lunch talking about passing clarity,” Carbone said. Lame duck? The period of the congressional session after the November elections, a handful of weeks known as the lame-duck session, has been held out by some lawmakers and crypto leaders as a backup option to get Clarity passed this year. However, that period can be highly unpredictable and crowded with congressional…
XRP Withdrawals on Binance Hit a One-Year High, While XRP Deposits Hit a One-Year Low—What Does This Mean?
According to CryptoQuant data, the share of $XRP withdrawals on Binance has significantly increased in the last week. The 7-day share of $XRP withdrawals has risen to 53.8% as of today, reaching its highest level since June 2024. During the same period, the share of $XRP deposits on Binance fell to 46.1%. This level was recorded as the lowest rate since 2024. Thus, withdrawal transactions exceeded deposit transactions by 7.7 percentage points. CryptoQuant added that this divergence wasn’t just a one-day phenomenon. According to the data, $XRP withdrawals have consistently outperformed deposits for seven consecutive days since June 17th. This…
Bitcoin continues to be under severe pressure as investor interest in global markets shifts towards artificial intelligence and technology stocks. The world’s largest cryptocurrency lost approximately 30% of its value in the first half of the year, and the weakening of the dollar, or “Sell America” as it’s known in the markets, further increased selling pressure on Bitcoin. Bitcoin hit a record high of over $126,000 about a year ago, gaining approximately 350% in value during its two-year rally. This rise was driven by investors’ expectations that rising US government debt, inflationary pressures from tariffs, and political pressure on the…
Animoca Brands, a prominent Web3 investment and gaming firm, has announced a strategic investment in AllScale, a company specializing in stablecoin payment infrastructure. The move, shared via the company’s official X account, signals Animoca Brands’ deepening commitment to integrating digital currency payments and artificial intelligence into its ecosystem. The exact size of the investment has not been disclosed. Expanding Payment Infrastructure in Web3 AllScale focuses on building the backend technology that allows businesses to accept, process, and settle transactions using stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar. This investment aligns with a broader industry trend where major Web3…
Blockchain project MemeCore’s M token collapsed about 74% over 24 hours, sliding from a high near $2.92 to as low as $0.51 before steadying around $0.74, with no exploit, hack or announcement to account for the drop. The fall erased close to $3 billion in market value. M’s market capitalization dropped below $1 billion, to about $969 million, from roughly $3.8 billion before the slide, per CoinDesk data. Trading was thin relative to the size of the move, with only about $21 million changing hands over the day. No confirmed catalyst has emerged. But M is a token that widely-known…
South Korean payment processor KG Inicis is exploring whether stablecoins can become a practical payment method for everyday online commerce through a new partnership with the Solana Foundation, signaling growing interest among traditional financial companies in blockchain-based payment infrastructure. KG Inicis has entered into a partnership with the Solana Foundation to evaluate digital asset payment infrastructure, including stablecoin-based checkout, merchant settlement systems, and blockchain-powered loyalty programs. The initiative will be developed alongside affiliate KG Financial, which has been conducting proof-of-concept work focused on stablecoin issuance and payment services using Solana’s blockchain network. The agreement represents one of the most significant…
Garrett Jin, the founder of the now-defunct cryptocurrency exchange BitForex, is currently facing an unrealized loss of approximately $21.12 million on a leveraged Bitcoin long position. According to data shared by on-chain analyst ai_9684xtpa, Jin holds a 5x leveraged long position totaling 1,268.33 BTC. Details of the Position The position’s average entry price is $76,117 per Bitcoin, placing it significantly above current market prices. However, the liquidation price is set at $16,962, a level far below today’s trading range. The analyst noted that because the liquidation price is so low, there appears to be virtually no immediate risk of forced…
SPCX has already turned SpaceX’s post-debut volatility into a crypto-native liquidation event. SpaceX-linked perpetual contracts exceeded $50 million in 48-hour liquidations as the underlying stock tested its $150 Nasdaq opening price, showing how quickly tokenized-stock exposure can shift from an access story to leveraged market plumbing. SPCX perpetual liquidations ranked behind only Bitcoin and Ethereum in crypto derivatives liquidation volume at the time. This raises a harder question: whether equity-linked wrappers can become forced-liquidation engines before the traditional market has finished determining the equity’s value. That distinction mattered over the last 48 hours because SpaceX traded below its $150 Nasdaq…