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.
A White House meeting meant to thaw the ice on the crypto market structure bill cracked into the controversial topic of stablecoin yield, though participants representing U.S. banking interests didn’t offering up any new compromises, according to people familiar with the talks. As the legislation is still struggling to make headway in the U.S. Senate, the White House is calling for practical compromises by the end of this month, the people said. The Monday gathering — led by President Donald Trump’s crypto adviser Patrick Witt — was aimed at some of the sticking points over the effort, especially whether stablecoins…
Bitcoin has long served a simple purpose: storing and transferring value. The blockchain’s inherent limitations in scalability and programmability prevented use cases like high-frequency payments and smart contracts. Launched in 2018, the layer-2 solution Lightning Network introduced noticeable improvements in scalability. It takes some of the burden offchain by creating side channels between the sender and receiver. The model settles transactions faster, with lower fees. Rendering Bitcoin feasible for daily use, the solution spurred the development of many payment apps on the blockchain. Programmability also arrived in Bitcoin through secondary protocols, such as RGB, an open-source solution designed to expand…
Massive Whale Movement – Bitcoin OG Transfers $242M in ETH to Binance Amid “Black Sunday” Crash
Traders seeking to grasp market sentiment are making whale watching their primary focus. Today, there was a major blockchain transaction that sent shock waves through the crypto world because a major, seasoned player made it. An on-chain analytics platform, Lookonchain, reported that a wallet belonging to a “Bitcoin OG” with the handle, 1011short, deposited a whopping 100,000 $ETH on the Binance exchange, which is valued at around $242.7 million. The Return of the Ethereum Titans A long-term holder of Ethereum, an “OG” (Original Gangster), moving this amount typically signals a significant change in strategy. Over the last seven days, the…
US President Donald Trump announced that tariffs ranging from 10% to 25% will be imposed on products imported from European Union countries. Trump stated that the decision was intended to increase pressure on Denmark to buy Greenland and that it was based on national security grounds. According to Trump, the US has effectively subsidized Denmark and EU countries for many years; however, tougher measures are now necessary for the sake of “world peace and security.” The President argued that China and Russia are interested in Greenland, stating that the region’s strategic importance has increased and that, under current security conditions,…
White House-led negotiations over the Clarity Act ended Monday without a deal, as the crypto industry and banking lobbyists failed to bridge their differences on stablecoin yields, and a newly revealed $500 million investment by a UAE official in President Donald Trump’s family crypto venture threatens to further complicate the bill’s prospects. The Clarity Act was designed to bring regulatory certainty to America’s crypto markets. Instead, it has become entangled in a conflict-of-interest controversy that could derail the administration’s top crypto priority—and reshape the future of digital finance in the process. The Yield Deadlock The meeting at the Eisenhower Executive…
PlaysOut, an embedded mini-games infrastructure platform for bridging Web2 and Web3 for fast monetization, has disclosed its strategic partnership with HPX Official, a Web3 infrastructure platform that focuses on connecting real-world assets (RWAs) with blockchain, artificial intelligence (AI-driven), and Decentralized Finance (DeFi) solutions. The core purpose of this collaboration is to combine AI, digital engagement, and real-world payments for seamless and reward-driven experiences. Partnership AnnouncementPlaysOut × @Hpx_Official PlaysOut and HPX are pleased to announce a new partnership, establishing a foundation for future collaboration across real-world payments, AI-supported engagement, and next-generation digital ecosystems.Both teams will explore… pic.twitter.com/39uy0cuk4L — PlaysOut (@itplaysout) February…
Two major Ethereum whales offloaded a combined $371 million in $ETH over the span of 48 hours to repay outstanding loans on Aave, the largest decentralized lending protocol. The moves came as Aave processed over $140 million in automated liquidations across multiple networks, underscoring growing caution among even the most well-capitalized market participants. BitcoinOG Sells $292M in $ETH, Repays $92.5M The whale known as BitcoinOG (1011short), one of the most closely watched on-chain entities, deposited 121,185 $ETH worth $292 million into Binance over two days. From those proceeds, the entity withdrew $92.5 million in stablecoins and used them to pay…
FTX users and Fenwick & West have reached a proposed settlement over a 2023 lawsuit alleging the law firm helped carry out the fraud that led to the crypto exchange’s collapse over three years ago. Fenwick and lawyers representing FTX users said in a joint filing to a Florida federal court on Friday that they plan to lodge the proposed settlement with the court for its approval on Feb. 27. The filing did not disclose the specific terms of the settlement, but both parties asked the court to pause all deadlines and pending motions in the class-action lawsuit ahead of…
For everyday crypto users, speed and cost matter — but not at the expense of control. That’s the gap CoolWallet is targeting with its latest integration.—The self-custody hardware wallet provider has added TRON network energy rental support, allowing users to move $TRX and TRC-20 assets at significantly lower cost while maintaining full control over their private keys.The update brings TRON’s high-throughput, low-fee transaction model directly into CoolWallet’s card-style hardware wallet and companion mobile app — no custodians, no compromises.Making TRON Cheaper Without Sacrificing ControlTRON is already one of the most actively used blockchains among CoolWallet users, largely because of its…
Institutional cryptocurrency giant Bitmine now confronts a staggering $6.9 billion unrealized loss on its Ethereum holdings, according to recent market analysis. This substantial deficit represents a critical moment for institutional crypto investment strategies. The company’s current $ETH portfolio valuation stands at $9.2 billion, marking a dramatic 41% decline from its original $15.7 billion investment. This development emerges during a period of significant market recalibration across global digital asset markets. Bitmine $ETH Losses: Analyzing the $6.9 Billion Deficit The reported $6.9 billion unrealized loss represents one of the largest institutional cryptocurrency paper losses in recent history. Unrealized losses differ fundamentally from…