Author: NBTC

Bitcoin (BTC) may be gaining momentum globally, but in Australia, it’s also attracting political ire. On May 23, Senator Gerard Rennick dismissed Bitcoin as a “Ponzi scheme,” sparking immediate backlash from crypto industry groups and users alike. “Bitcoin will ultimately go to a $1 million dollars. Why? Because it’s a Ponzi scheme whereby BlackRock will pump more and more dollars into a supply-constrained product,” Rennick tweeted in response to a user who sarcastically asked for his “special comments” on the topic. “You can’t eat Bitcoin,” the Senator added. Yes I do – Bitcoin will ultimately go to a $1 million…

The founder of an African stablecoin association said he supports BitMEX founder Arthur Hayes’ claim that one-third of Nigeria’s GDP is conducted in USDT. He emphasized that stablecoins are a vital economic lifeline for emerging markets and marginalized communities. Stablecoins an Economic Lifeline A founder of a Nigerian stablecoin platform has backed BitMEX founder Arthur Hayes’ assertions in a recent blog that a third of Nigerian gross domestic product (GDP) is conducted in USDT. According to Nathaniel Luz, who also leads the Africa Stablecoin Network, Hayes’ claims are hardly surprising because stablecoins are proving to be an “economic lifeline” for…

Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum has “emerged as the foundation of on-chain USD settlement and value transfer.” “By securing an initial $1 million ETH reserve today—and with plans to scale that position—we are proactively positioning ourselves for decentralized finance, stablecoin issuance, and asset tokenization,” Peng said. BTCT plans to grow the reserve as upgrades lift capacity and U.S. rules solidify. BTC Digital was previously a bitcoin mining company. The firm…

Web3 Decision and Arichain have formed a partnership as part of a revolutionary step forward in the blockchain development ecosystem. By fusing together their specialized powers-logic-based AI auditing and modular multi-VM blockchain architecture two organizations will promote a scalable, saf, and composable web3 ecosystem. 🚀 Partnership Update: Web3 Decision x @Arichain_ Since announcing our collaboration, we’ve made powerful progress — and the community is growing fast. 🌱🔍 CL1 Integration UnderwayOur logic-based AI core, CL1, is being integrated into Arichain’s multi-VM environment (EVM,… pic.twitter.com/KZt4eo9R45 — Web3 Decision (@web3decision) July 9, 2025 CL1 Logic-AI Integration Enters Arichain’s Multi-VM Framework The essence of…

The United Arab Emirates (UAE) continues to make significant strides in establishing itself as a key player in the global cryptocurrency landscape. Recent developments across regulatory approvals, partnerships, and new service launches illustrate a robust commitment to expanding the region’s digital asset ecosystem. Swiss-based Bitcoin Suisse, Ripple, HashKey Global MENA, Mbank, Changer.ae, and Emarat represent some of the major contributors shaping the UAE’s crypto market in 2025. Bitcoin Suisse Receives In-Principle Approval from Abu Dhabi FSRA Swiss crypto firm Bitcoin Suisse took a major step in expanding its global footprint by securing in-principle approval (IPA) from the Financial Services Regulatory…

Ondo rose 1.5% to $0.7671 over the past 24 hours, holding near recent highs after a week of gains, according to CoinDesk Research’s technical analysis model. The move comes roughly two weeks after Ondo Finance disclosed a new industry collaboration focused on setting standards for tokenized securities. In a June 17 blog post, the firm announced the creation of the Global Markets Alliance, a group of wallets, exchanges, and custodians working together to improve interoperability, investor protections, and access to tokenized real-world assets. Participants include the Solana Foundation, BitGo, Fireblocks, Jupiter, 1inch, Trust Wallet, Bitget Wallet, Rainbow Wallet, and Alpaca.…

Falcon USD, the rapidly growing “synthetic dollar” backed by controversial market maker DWF Labs, is faltering just months after launch. The $540 million market-cap USDf is “backed by diversified crypto assets,” but concerns over the quality of some of that collateral have led to worries about the first collapse of a major stablecoin since the implosion of Do Kwon’s UST. USDf’s price has been off-peg during the course of the morning, hitting a low of $0.98, according to CoinMarketCap data. Read more: Do Kwon’s lawyers say they’re ready — then ask for more time Decentralized finance (DeFi) risk advisor LlamaRisk…

CKpool developer and administrator Con Kolivas announced on X the launch of a new solo BTC pool located in Brisbane, Australia. The goal of this Bitcoin mining pool is to service Oceania and Asia-Pacific miners. The new AU solo pool is separated from the main CK pool and the EU solo BTC mining pool due to latency and performance reasons. As per the X post, the AU BTC pool will operate with low latency. Con Kolivas stated that blocks generated from the AU BTC mining pool will be propagated between other sibling pools. Moreover, the AU BTC blocks will carry the same…

Band Protocol is excited to officially announce the launch of Band v3 on its mainnet. This development marks a revolutionary leap in the feed technology of decentralized data. Through this upgrade, a whole design for Band’s infrastructure is presented. This groundbreaking move aims to empower smart contracts and AI agents by providing real-time and secure data to them. In this way, the platform strives to connect Web2 APIs with Web3 applications, scaling them at unprecedented speed. Band Protocol’s mainnet launch is set to define new standards for Scale, speed, and multichain reach. The platform further invites builders to navigate reliable…

While Bitcoin (BTC) is reaching new all-time highs, the share price of Strategy (STR), which has invested heavily in the cryptocurrency, has failed to catch up. Strategy Stocks Fall Become Tempting to Bet on: 10x Research Draws Attention to Disagreement with Bitcoin A new report by 10x Research has revealed that this price divergence presents an opportunity for investors in bearish strategies. In a note to investors on Friday, 10x Research Founder Markus Thielen recommended an options strategy called a “bear put spread” for STR shares traded on the Nasdaq. The strategy involves buying a $370 put option with a…