Author: NBTC
On May 22, leading U.S.-based crypto exchange Coinbase received large transfers involving a total of 6,016 BTC from multiple unknown whales, according to recent data from on-chain tracking platform Whale Alert. According to the data source, the massive Bitcoin transfers, worth more than $670 million, were executed consecutively in 13 separate, identical transactions. The 13 transactions saw transfers made in identical amounts, with different unknown wallets sending 463 BTC to Coinbase 11 times. The remaining two transfers involved 462 BTC and 461 BTC, bringing the total Bitcoin inflow to 6,016 BTC in just a few hours. Although the tracker could…
The governance token of World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol backed by U.S. President Donald Trump and his family, may soon become tradable on exchanges after a community vote concluded on Wednesday. Token holders voted 99% in favor for the proposal to allow WLFI tokens to trade on secondary markets and transfer peer-to-peer, a Snapshot vote shows. The decision comes after the protocol raised around $590 million last year in a pre-sale where investors could buy WLFI tokens. For example, Tron founder Justin Sun also purchased $30 million of the asset. World Liberty Financial is developing a…
On Tuesday, July 15th, the crypto market witnessed heightened volatility amid the regulatory development in the U.S. House as they voted on three crypto bills. The Ethereum coin showcased the current market uncertainty with a notable price spread between $2,927 and $3,098. While the short-term trend shows a lack of conviction from buyers or sellers, the institutional investors continue to stack more ETH, indicating their confidence in the asset’s long-term growth. SharpLink Gaming Boosts ETH Holding with $15.76M Purchase Over the past week, the Ethereum price witnessed a high-momentum rally from $2,523 to a recent high of $3,098. A primary…
MicroStrategy holds 597K BTC worth $64.4B with $22B in unrealized gains but warns of key risks. Public firms with Bitcoin surged from 64 in 2024 to 151 in 2025 amid favorable regulation. Top holders like Tesla, Galaxy, and Mara diversify BTC strategies from mining to direct buys. MicroStrategy has disclosed big risks linked to its expansive Bitcoin portfolio, which now exceeds $64.4 billion in value. According to a Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC) in July 2025, the company reported holding 597,000 BTC as of June 30, 2025. These assets were acquired for $42.4…
Global standard for Digital Product Passports launched with IOTA showing a live system using DLT. New framework may enforce worldwide compliance as IOTA-Digimarc pilot tackles real-world tracking issues. The first global standard for Digital Product Passports has been officially launched through a partnership between the United Nations Economic Commission for Europe (UNECE) and the International Organization for Standardization (ISO). This new framework is expected to reshape the verification and traceability of global trade worth more than $50 trillion. As part of the event, IOTA presented its Distributed Ledger Technology (DLT) solution, offering a working model for digital transparency. The standard…
Bitcoin hits all-time high, surpassing $111,000 Evaluating the dynamics behind this historic rise, Bitwise Asset Management’s Investment Director Matt Hougan stated that the rally has just begun and is a harbinger of a long-term rise. According to Hougan, Bitcoin’s rise is driven by two key factors: the increasing interest of institutional investors in the market and indirect support from the US government. “More than $8 billion has flowed into Bitcoin ETFs in the last 30 days. This means new demand against fixed supply and pushes prices up,” Hougan said, adding that the government’s increasing budget deficits and money printing policies…
Liquid staking protocol Kinetiq, which has been operational for about 24 hours, is now the second-largest DeFi project on DEX Hyperliquid’s Layer 1, HyperEVM, by total value locked. The highly anticipated protocol launched yesterday afternoon, and has attracted over $460 million in capital across just 2,800 holders, for an average stake of $164,280, or roughly 3,400 HYPE, per wallet, according to data from Kinetiq’s website. Other top DeFi protocols in the Hyperliquid ecosystem, such as Hyperlend, Felix Protocol, and Hyperbeat, immediately integrated Kinetiq’s liquid staking token (LST), kHYPE, offering vaults and solutions with incentivized yield and points to attract the…
Bitcoin (BTC) made a major push at the beginning of the week, surpassing $123,000 and breaking a new record. While this rise had limited impact on altcoins, Ethereum (ETH) and other altcoins began to surge as profit-taking began in BTC. Ethereum Goes on the Attack! At this point, Ethereum reclaimed the $3,000 level for the first time since February 1st and reached a 5-month high of $3,150. Analytics firm Swissblock said that one of the key drivers behind Ethereum’s rise is the capital rotation from Bitcoin. Analysts noted that Bitcoin’s previous four bullish waves this year lasted between 15 and…
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers. Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold. Daily fees averaged $3.1 million during the past month as traders continued to mint and hedge the synthetic-dollar token USDe. Ethena’s path to nine-figure revenue took 251 days, faster than Uniswap’s 980-day sprint in 2020 but slower than memecoin launchpad Pump.fun, which hit the mark in 217 days late last year.…
Chainlink officially integrated with Botanix as the Bitcoin-based Layer 2 network launched on mainnet, bringing its full suite of tools—CCIP, Data Feeds, and Data Streams—live from day one. The Cross-Chain Interoperability Protocol (CCIP) is now the official interoperability layer of Botanix. This means developers can securely move tokens and instructions between blockchains using a protocol battle-tested in the most high-value DeFi applications. Botanix (@BotanixLabs), a decentralized Bitcoin layer 2 and Chainlink Scale member, has launched on mainnet with Chainlink CCIP serving as its canonical cross-chain infrastructure from day one.In addition, Chainlink Data Streams and Data Feeds are also live on…