Author: NBTC

Digital assets platform Nexo reported a 72% year-over-year rise in crypto-backed borrowing through the Nexo Card as users choose to hold their assets instead of selling, as per the information shared with Finbold on July 10. Nexo’s 2024 Card Report shows that over 100,000 Bitcoin (BTC) and 750,000 Ethereum (ETH) avoided being sold through users accessing the Nexo Card’s collateralized credit line. Weekly card transaction frequency jumped by 324% across the European Economic Area. “Today, people don’t want to choose between their financial future and their present needs — and the Nexo Card reflects that,” noted Chief Product Officer Elitsa…

A JPMorgan paper highlights that the VeChain blockchain can enhance cloud computing by addressing issues such as data security, vendor lock-in, and trust. The study notes VeChain’s Proof-of-Authority consensus as a low-energy, high-efficiency solution suitable for enterprise adoption. The business-oriented blockchain-focused network VeChain (VET) has won another recognition on the academic front, but this time for its innovative work of modernizing cloud computing. A peer-reviewed study article published recently in the Journal of Computer, Signal, and System Research highlighted VeChain as a notable example of blockchain in the real world, addressing concrete issues in corporate infrastructure. VeChain Gains Academic Recognition…

Australia’s financial intelligence agency declared crypto a top threat in its financial crime crackdown Wednesday, announcing regulatory priorities that mark the “most ambitious overhaul of Australia’s anti-money laundering laws in a generation.” The Australian Transaction Reports and Analysis Centre CEO Brendan Thomas said the agency would prioritize enforcement where “the risk of harm is greatest,” highlighting digital currency exchanges and virtual asset service providers that facilitate instantaneous global transfers. “This year marks a regulatory shift – from regulation that primarily checks for compliance to one focussed on substantive risks and harms,” Thomas said in Wednesday’s statement. The expanded regulatory net…

A widely followed analyst says that Bitcoin (BTC) may be gearing up for a series of unexpected explosive moves to the upside for one main reason. In a new thread, crypto trader Michaël van de Poppe tells his 787,600 followers on the social media platform X that Bitcoin may soon increase by more than 82% of its current value. The analyst believes an increasing number of investors will move their wealth into Bitcoin due to its scarcity and store of value attributes as the US dollar weakens. “Bitcoin is going to an all-time high faster than I expected: $120,000 is…

In mid-2022, the crypto markets faced a brutal reckoning. Over $2 trillion in market capitalization evaporated in a matter of months. The collapse of Terra, followed by cascading failures like Celsius, Voyager, and Three Arrows Capital, exposed a fragile foundation beneath much of the so-called decentralized finance ecosystem. It wasn’t just a liquidity crunch. It was a structural wake-up call. The industry had become too reliant on self-referential assets and circular yield—algorithms promising stability without substance, and protocols stacking risk without grounding in real economic value. This moment marked a turning point not just for us, but for the industry…

Ethereum has broken above a long-standing resistance level, flipping it into potential support. If the retest holds, the stage is set for a continuation toward higher targets, including the $3,600 high time frame resistance. Ethereum (ETH) has successfully breached a key multi-month resistance level at $2,819, a zone that has historically capped upside moves. The breakout was confirmed by a strong impulsive candle followed by continued price acceptance above this level. If ETH manages to hold this area as support on a bullish retest, it would signal strength in the current uptrend, potentially propelling the price toward the next major…

US crypto ETFs are experiencing significant developments this week, according to new data released today by market analyst Phoenix Group. As per the data, Bitcoin and Ethereum ETFs have witnessed substantial increases in inflows, with total inflows of $409 million recorded last week. These additions make the cumulative AUM (assets under management) for these crypto funds currently stand at $148.82 billion. CRYPTOCURRENCY ETFs OVERVIEW (7D) #iShares #FidelityWiseOrigin #ProShares #Grayscale Total Assets under management: $148.82B Total Net Flow: + $405.90M#ETF #Bitcoin $BTC #Ethereum $ETH pic.twitter.com/bsqhbyWD07 — PHOENIX – Crypto News & Analytics (@pnxgrp) July 10, 2025 Rising Demand for Ethereum As…

Ripple finished its July escrow release with a second unexpected unlock of 500 million XRP on July 4. This drop came after an initial 500 million release on July 1, which surprised the market with a split rollout instead of the usual one-time, one billion XRP unlock. The second transfer was spotted by Whale Alert, and XRPwallets confirmed it. They said that the July cycle was now officially closed, with a total of one billion XRP unlocked and 700 million XRP relocked. The rest of the 300 million XRP is reportedly going toward ecosystem utilities like on-demand liquidity (ODL), exchange-traded…

Changpeng Zhao (widely known in the community as CZ), a Binance co-founder and its former chief executive, has reacted to the statement about top US tech companies, their initiatives to go digital, and SEC regulatory reach made by Senator Warren. The latter is well-known in the crypto community for her anti-crypto stance. CZ speaks out against anti-crypto Sen Warren’s concerns CZ cited a tweet, which shared a recent public statement made by Warren to journalists. She once again said that crypto is going to ruin the entire US economy. However, she also added that she is strongly against any company…

Electric vehicle retailer Jiuzi Holdings announced plans to acquire 1,000 Bitcoins over the next year, marking a significant pivot into digital assets. The company said it would fund the purchase through a mix of additional stock issuance and cash purchases, signaling growing corporate confidence in Bitcoin (BTC) as a long-term strategic asset, according to the company. The board-approved acquisition plan underscores Jiuzi’s belief in the long-term potential of blockchain technology and aims to diversify the company’s asset base amid shifting market conditions. Jiuzi Holdings Inc is a China-based enterprise focused on running retail outlets for new energy vehicles. Operating under…