Author: NBTC

The People’s Bank of China is taking steps to expand its digital yuan project, starting with its free trade zones. On Friday, June 4, officials at the People’s Bank of China announced the expansion of financial innovations tied to its Shanghai Free Trade Zone. Notably, this includes broader applications of the digital yuan. Ji Min, head of the PBOC’s Research Bureau, stated that the country will expand the “Shanghai model” and “deepen financial openness and innovation” within the zone. Simultaneously, the central bank will apply these policies to other free trade zones across the country. Specifically, China will promote the…

Bitcoin reached a new all-time high near $112,000 on May 22, 2025. With a market capitalization hitting $2.2 trillion, it ranks among the five most valuable assets globally. Only Apple, Nvidia, Microsoft, and Gold exceed its market value. This milestone reflects Bitcoin’s growth since its creation in 2009 and signals its evolving role in the global financial ecosystem. The Origins and Early Development of Bitcoin Bitcoin’s journey began in 2008 when the domain Bitcoin.org was registered. The currency’s white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, was published by Satoshi Nakamoto in October 2008. It introduced a decentralized digital…

TVL has been a crucial indicator showing the success and health of blockchain networks within the DeFi landscape. New data reported today by market analyst DefiLlama highlighted blockchains with leading TVL growth over the week. Top 10 Chains with Outstanding TVL This Week Ethereum According to the data, Ethereum has maintained its top position in the DeFi world. It is the blockchain holding the largest TVL in the decentralized trading landscape. The entire amount of resources locked in the chain currently stands at a whopping $64.34 billion. This record marks a 2.84% increase over the past seven days, reflecting increased…

At the time of writing, Ether is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period.SharpLink Gaming, Inc. (SBET) is a pioneering online performance marketing company specializing in the sports betting and iGaming industries. Headquartered in Minneapolis, SharpLink leverages its AI-powered C4 platform to deliver personalized, href=”https://x.com/SharpLinkGaming/status/1941214476776374614″>announced on X that it has become the first publicly listed company to adopt ETH as its primary treasury reserve asset. The company outlined…

The world of finance is constantly evolving, and nowhere is this more apparent than in the rapidly expanding realm of digital assets. For anyone keeping an eye on the intersection of traditional banking and cutting-edge blockchain technology, a recent development out of South Korea is particularly noteworthy. iMBank, formerly known as Daegu Bank, has made a significant move that could reshape the country’s digital financial landscape: they’ve filed for a series of trademarks related to the Korean won stablecoin. This isn’t just a ripple; it’s a clear signal of the growing institutional interest in stablecoins and their potential to bridge…

Solana total value locked expanded, reflecting a growing lending sector and inflows from other ecosystems. The DeFi value locked is up over 50% in the past 30 days, based on DeFi Llama data. Solana’s DeFi sector now carries $9.44B in total value locked, a level not seen since February. Most of the gains reflect the return of SOL above $170 after an inflow of whale buying and record DEX trading activity. Solana DeFi value grew on a mix of SOL appreciation and the growth of native meme tokens. | Source: DeFi Llama Solana’s TVL expanded by over 50% in the…

GOAT Network has officially launched its Bitcoin Yield Dashboard to accommodate its various on-chain BTC yield products, allowing users to reap rewards directly from the asset. At Bitcoin 2025 in Las Vegas, the network unveiled the world’s first BTC (BTC) Yield Dashboard. At press time, the project remains one of the only blockchains to offer Bitcoin yield products that generate rewards for traders directly from the asset, without requiring centralized custody or mining rigs. According to the official press release sent to crypto.news, the dashboard serves to grant users access to the network’s range of BTC yield products, consisting of…

Meme coin launchpad Pump.fun recently saw its revenue drop by around 92% from its historic peak, indicating the continued decline of the platform’s hold on the crypto market. On-chain data shows that the meme coin launchpad’s fees have been continuously going lower and lower over the past few days. This indicates a significant drop in generated revenue compared to the beginning of the year when it started off strong. According to data from DeFi Llama, on July 6, the launchpad’s revenue only amounted to $533,410, while its fees have generated less than $922,890. This is the first time since March…

Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB. Table of Contents Solana vs. Ethereum comparison Solana price analysis Solana ecosystem updates Expert commentary Solana vs. Ethereum comparison The two competing smart contract platforms have rivaled each other’s performance in metrics like DEX volume, revenue collected from dApps, TVL and DeFi dominance since mid 2024. Data from TheBlock shows that Solana (SOL) has maintained its dominance…

Although Russia has started to ban the use of Bitcoin and cryptocurrencies in international payments, it still maintains its cautious approach. At this point, the Governor of the Central Bank of Russia, Elvira Nabiullina, made new statements regarding Bitcoin and cryptocurrencies at the “Central Bank of Russia Finance Congress” in St. Petersburg. Accordingly, the head of the Central Bank of Russia announced that he does not plan to include Bitcoin or other cryptocurrencies as reserve assets. Elvira Nabiullina stated that due to the volatility and risks of cryptocurrencies, she does not consider including them in the reserve and keeping them.…