Author: NBTC

The Smarter Web Company PLC has expanded its Bitcoin treasury with a £1.85 million acquisition of 23.09 BTC, marking a strategic push into digital assets as part of its long-term “10 Year Plan.” The Smarter Web Company PLC, a UK-listed technology and digital services provider, has expanded its Bitcoin (BTC) treasury holdings with a fresh acquisition of 23.09 BTC, according to May 23 official announcement. The purchase, valued at £1.85 million (approximately $2.48 million), was made at an average price of £80,126 ($107,424) per BTC. This acquisition brings the company’s total BTC holdings to 58.71 BTC, accumulated at an average…

Facing a tougher fundraising environment, some traditional venture firms may eventually shift to direct token investments, moving away from the dual structures common in past investment cycles. At least that’s what Pantera Capital’s investor Mason Nystrom sees coming. In a July 9 thread on X, Nystrom suggested that more VCs may soon favor tokens over equity, viewing them as a simpler way to capture value, as part of his broader outlook on the state of crypto venture capital. In the thread, Nystrom noted that the current fundraising environment is tight, with VCs dealing with slower returns to their backers and…

VeChain has kicked its Renaissance 2025 initiative into high gear by launching the Galactica Testnet and Stargate. With dynamic gas, complete fee burns, NFT staking, and multi-stage roadmap clarity, VeChain is building a friendly ecosystem for real-world impact. Alexander, a researcher at Messari Beundry, recently published a detailed report titled “Understanding VeChain: A Comprehensive Overview,” offering a closer look at the network’s evolution. One of the standout insights focused on the protocol upgrades rolled out on July 1, including NFT-based staking, enhanced Ethereum Virtual Machine (EVM) compatibility, and revamped fee structures, all aimed at modernizing the network and strengthening decentralized…

The U.S. House of Representatives has scheduled July 14–18, 2025, as “Crypto Week,” with major legislation set for debate across several regulatory fronts. During this five-day session, lawmakers will examine proposed bills aimed at defining the role of government agencies in crypto oversight, establishing stablecoin safeguards, and banning the issuance of a U.S. central bank digital currency (CBDC). Lawmakers to Clarify Crypto Oversight with CLARITY Act The CLARITY Act is a bipartisan proposal that defines how digital assets should be regulated under U.S. law. According to a report by CCN, this legislation establishes the legal distinction between crypto securities and…

Two new crypto exchange-traded funds (ETFs) targeting Solana and XRP are launching in the U.S. on Tuesday, marking another step in the expanding intersection of traditional finance and digital assets. ProShares, a major player in leveraged ETFs, rolled out the ProShares Ultra Solana ETF (SLON) and the ProShares Ultra XRP ETF (UXRP). Both products aim to deliver twice the daily performance of their respective underlying cryptocurrencies, but do so using regulated futures contracts — not by holding the tokens themselves, ProShares said in a press release. The launches follow confirmation from NYSE Arca, which certified the “approval for listing” of…

Bitcoin open interest has claimed a new all-time high amid bullish bets on higher prices despite the recent pullback. The correction comes on the back of a renewed escalation of the trade war, as President Donald Trump recently threatened to impose a 50% tariff on all EU imports and a 25% tariff on Apple products unless iPhones are produced domestically. Bitcoin Open Interest Hits ATH Despite Fresh Pullback In response, Bitcoin dropped drastically after recently hitting a new all-time high close to $112,000. Notably, from a peak of $111,176 earlier today, the crypto firstborn collapsed to an intraday low of…

The top blockchain projects have recently been making notable buzz in terms of community engagement and social activity. As per the data from Phoenix Group, the prominent L1 blockchain projects dominating in terms of social activity include, as always, Bitcoin, Solana, Ethereum, and others. The crypto data and analytics platform took to social media to deliver the list of top L1 projects in line with social activity. TOP #LAYER1 PROJECTS BY SOCIAL ACTIVITY$BTC $SOL $ETH $ADA $SUI $KAS $BNB $HBAR $TAO $S pic.twitter.com/q1YDh0GEjo — PHOENIX – Crypto News & Analytics (@pnxgrp) July 5, 2025 Bitcoin Dominates L1 Blockchains in Terms…

The long-anticipated CLARITY Act may prove to be a game changer for digital asset markets, potentially ushering in a wave of institutional adoption, according to a note from Benchmark analyst Mark Palmer. The CLARITY Act aims to establish a clear regulatory framework for digital assets in the U.S., distinguishing cryptocurrencies as either commodities or securities. In a report published on Monday, Palmer said the legislation could provide long-sought regulatory clarity for traditional financial institutions, including asset managers, hedge funds, and banks, many of which have remained on the sidelines due to legal and compliance uncertainty. While the current Securities and…

All things being equal, easier monetary policy tends to be good for risk assets — crypto surely among them. Bitcoin rallied to above $120,000 for the first time ever over the weekend as pressure on hawkish U.S. Federal Reserve Chairman Jerome Powell to step down or be fired amped even higher. Coincidence? To review, Jerome Powell — who rushed through 75 basis points of rate cuts prior to the 2024 election — quickly switched to a more hawkish stance following Donald Trump’s election (though he did allow one more 25 basis point cut just after November), and it famously hasn’t…

While Bitcoin (BTC) and cryptocurrency usage and adoption continues to spread around the world, the latest move in this regard came from Hungary. However, a negative step came from Hungary. According to Forbes, Hungary has implemented one of the world’s most restrictive cryptocurrency laws as of July 1. With the strict new cryptocurrency laws coming into effect, cryptocurrency trading has become a crime for many citizens, with prison sentences introduced for unauthorized cryptocurrency transactions and services. Accordingly, it introduced prison sentences of up to 5 years for individuals and up to 8 years for service providers who engage in unauthorized…