Author: NBTC

Senators from both parties raised concerns about a crypto market structure bill during a hearing of the Senate Banking Committee Wednesday—with even a staunch Trump ally expressing worry about allowing the crypto industry to write its own rules. “To what extent should we allow you to draft [these rules]?” Sen. John Kennedy (R-LA) asked a panel of crypto leaders including Ripple CEO Brad Garlinghouse. “I’ve… heard some of you say that digital assets represent the next generation of the internet,” Kennedy continued. “Well, we let the current generation of the internet correct their own rules, and frankly, what we got…

SFT Protocol partners with SecondLive to integrate decentralized infrastructure with AI design. SecondLive’s AIGC tools now support decentralized, multi-chain environments on major blockchains. SFT Protocol’s strategy combines AI, DeFi gamification, and cross-chain Web3 adoption. SFT Protocol has announced a new partnership with SecondLive, an AI-powered world modeling platform intended for creating digital environments. The collaboration seeks to merge decentralized infrastructure with artificial intelligence and user-generated spatial design across multiple blockchain ecosystems, including Ethereum, BNB Chain, Arbitrum, Polygon, and TON. The joint effort was shared publicly through SFT Protocol’s official X account and marks a significant expansion of its partnerships within…

Bitcoin closes green for seven straight weeks, signaling strong ongoing bullish sentiment from both retail and institutional investors. High open interest and on-chain liquidation risks indicate intense market positioning and possible volatility ahead. After closing the seventh week in the green, Bitcoin’s new big target has emerged: $155,601.73. This level is not just a random number on the chart, but is said to be a new All-Time High (ATH) that has been “confirmed” by popular crypto analyst Master Ananda. And the good news? Many believe that this is not the end of the bull market this time. Source: Master Ananda…

At the time of writing, solana is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research’s technical analysis model. Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination of equity and convertible note offerings. A portion of the proceeds will support Upexi’s existing operations, while the rest will be used to grow its cryptocurrency treasury, with a specific focus on Solana . As part of the equity component, Upexi raised $50 million from accredited and institutional investors, including its…

Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald as part of Cantor’s $2 billion Bitcoin Financing Business initiative. Crypto market maker Wintermute has secured a Bitcoin-backed credit line from investment bank Cantor Fitzgerald. The size of Wintermute’s facility was not disclosed, but CEO Evgeny Gaevoy said it would help the firm manage the capital-intensive nature of OTC crypto trading and settlement. “Given the capital-intensive nature of our operations, especially OTC trading, the facility enhances our ability to hedge risks effectively across exchanges and maintain broad market coverage,” Gaevoy said in an email. The deal is part of Cantor…

The days of manually reconciling financial reports may be numbered. The Cardano Foundation’s new Reeve platform aims to bridge legacy ERP systems with blockchain, offering CFOs something radical: a ledger that can’t lie, enforcing transparency where it’s needed most. On July 8, the Cardano Foundation unveiled Reeve, an enterprise-grade financial reporting platform designed to replace error-prone spreadsheets and opaque ledgers with an immutable, blockchain-backed record of truth. Built on the Cardano blockchain, Reeve targets corporations, NGOs, and government agencies in search of tamper-proof financial disclosures. The platform promises to automate compliance, reduce fraud risk, and streamline audits through cryptographic verification.…

A U.S. magistrate judge has recommended dismissing Logan Paul’s former assistant from a federal class action lawsuit over the failed NFT project CryptoZoo, marking the latest development in a widening legal saga that now includes multiple lawsuits and a high-profile defamation battle with a YouTuber. In a court document filed Monday, Magistrate Judge Ronald C. Griffin said the U.S. District Court for the Western District of Texas lacked personal jurisdiction over Danielle Strobel, who was listed as a 1% founding equity holder in CryptoZoo but is not alleged to have publicly promoted the project. The suit accuses Paul and several…

Leading U.S.-based cryptocurrency platform, Coinbase, has topped its long list of supported cryptocurrencies to enhance its trading capabilities for New York users, according to a recent tweet shared on July 8. The new listing, which involves the addition of four new cryptocurrencies for residents in the New York region, comes after the exchange secured a major license from the New York State Department of Financial Services. The license offers Coinbase the opportunity to operate as a regulated Virtual Currency Business within the region, boosting its regulatory trust and prominence in New York. While New York is known for having stringent…

Traditional asset management is a laborious process. It often requires the involvement of numerous middlemen, including various state bodies and regulators. Assets such as stocks, bonds, property, or even land can often be prohibitively expensive and time-consuming to manage, putting them beyond the reach of the vast majority of the world’s population. What’s more, traditional asset management typically involves complex legal agreements and lots of paperwork, which makes it all very difficult to track and transfer ownership. It’s a slow and cumbersome system—and one that often lacks sufficient transparency to prevent fraud and other forms of corruption. Tokenization, while not…

Bitcoin has recorded a three-digit percentage uptick since the US spot ETFs launched, which some speculated would mark the market top. The US Bitcoin spot exchange-traded funds made their debut in January 2024, with eleven issuers offering the investment product upon launch. Interestingly, the breakthrough followed court persuasion from Grayscale and BlackRock entering the race to provide the Bitcoin-focused product to their clients. Well, the rest has been history. The traditional investment vehicles offering alternative exposure to Bitcoin saw pent-up demand upon market debut, driving prices to unprecedented highs. ETF Store president Nate Geraci highlighted this impact and contrary opinions…