Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Japan has enacted sweeping amendments to its financial laws that classify cryptocurrencies as financial products, opening the door to lower crypto taxes, domestic exchange-traded funds and stricter market oversight. According to Japan’s public broadcaster NHK, the House of Councillors approved the amendments to the Financial Instruments and Exchange Act on Wednesday, completing the bill’s passage through both chambers of the Diet. The legislation creates a separate legal category for crypto assets alongside traditional financial products such as stocks and bonds. Until now, cryptocurrencies had been regulated under the Payment Services Act as a payment method rather than as investment products.…
More than 80% of crypto trading on Indian exchanges now happens in futures and derivatives instead of spot markets. While many traders have shifted to avoid the 1% Tax Deducted at Source (TDS) on spot trades, the move comes with higher risks. Industry estimates suggest that 70% to 80% of retail crypto futures traders are losing money. Crypto Futures Now Dominate India’s Market According to industry data, more than 80% of crypto trading on Indian exchanges now comes from futures and derivatives instead of regular spot trading. Reports show that spot trading volume dropped by as much as 85%.The shift…
Hedera launched scaffold-hbar, a command-line tool that allows deploying multichain dapps in seconds with a single command. The tool includes eight testnet-ready templates, support for Hardhat or Foundry, and integrated AI context through the Hedera Skills package. In August 2026, a call will open with a $5,000 $HBAR prize for the five best community templates. Hedera launched scaffold-hbar, a command-line tool developed alongside Buidler Labs that allows developers to spin up a functional decentralized application in seconds. One Command to Build on Hedera By running `npm create scaffold-hbar@latest`, the developer gets a complete project with a Next.js frontend, RainbowKit and…
Strategy (MSTR) sold 3,588 bitcoin for approximately $216 million last week, reducing its total holdings to 843,775 $BTC, according to a Monday SEC filing. The company said proceeds from the bitcoin sales will be used to fund distributions on its preferred stock and replenish the portion of its U.S. dollar reserve used for those payments. As of July 5, the USD reserve totaled $2.55 billion. The latest sales were executed at an average price of roughly $60,000 per bitcoin and are dramatically higher than the 32 bitcoin sold by the company about one month ago, which sent crypto prices plunging.…
Rumble signs $270M cloud agreement for dedicated GPU capacity powered by NVIDIA Blackwell systems
Rumble just landed the biggest customer deal in its history. The company signed a $270 million multi-year cloud agreement with Together AI for dedicated GPU capacity powered by NVIDIA HGX Blackwell B300 systems. Rumble’s stock surged 7% in premarket trading following the announcement. What the deal actually involves Together AI, a company focused on building and deploying open-source AI models, will get dedicated access to Rumble’s GPU cloud infrastructure. The hardware at the center of the arrangement is NVIDIA’s HGX Blackwell B300 systems, which represent the cutting edge of AI training and inference compute. The deal’s structure includes provisions for…
HypeStrat, a firm focused on strategic accumulation of the $HYPE token (DAT), has purchased 600,000 $HYPE tokens valued at approximately $40.6 million over the past seven days, according to a report by Hyperliquid News. The acquisition marks one of the largest single-week token buys by a dedicated accumulation entity in the Hyperliquid ecosystem. Context and Background of the Purchase The purchases were executed through multiple transactions on the Hyperliquid decentralized exchange (DEX), with the average price per token hovering around $67.67 during the accumulation period. HypeStrat’s strategy involves systematically building a large position in $HYPE, the native token of the…
US Treasury Department Adds Numerous Cryptocurrency Wallet Addresses to Sanctions List Against Cuba! Here Are the Details
The U.S. Treasury Department continues to more broadly include cryptocurrency assets in its sanctions policies. The Office of Foreign Assets Control (OFAC), under the Treasury Department, has added cryptocurrency wallet addresses located on various blockchain networks to its sanctions list as part of sanctions against Cuba. According to the statement, the addresses added to the sanctions list are located on the Tron (TRX), Dogecoin (DOGE), Solana (SOL), Dash (DASH), Zcash (ZEC), and Litecoin (LTC) networks. OFAC stated that these wallets are associated with various foundation funds and digital asset accounts that are considered to be linked to the Cuban government.…
The U.S. Government has moved $296.71K in seized funds linked to the Bitfinex hack to Coinbase Prime, according to a widely shared post by @OnchainLens. This transfer underscores ongoing scrutiny and management of crypto assets associated with criminal activities, impacting market perception and behavior. Breaking It Down The broader crypto market is showing mixed signals with varying momentum across major assets. The recent transfer of $296.71K in seized Bitfinex funds to Coinbase Prime has caught the attention of traders and analysts alike. Given the scale of this transfer, it may suggest a potential increase in whale activity, as large wallet…
zkSync recently announced its involvement in the modernization of American banking, highlighting a significant shift towards blockchain integration. This initiative is powered by Carinetwork and built on Prividium, signaling a crucial moment for institutional blockchain adoption, as noted in their official tweet. The Latest The broader crypto market is currently exhibiting mixed signals, with various assets reacting differently to recent developments. zkSync’s latest announcement indicates a concerted effort to enhance the role of blockchain technology in traditional banking systems. This evolution follows prior updates emphasizing zkSync’s support for unmodified EVM bytecode, further facilitating developer accessibility. As institutions increasingly seek to…
Bitcoin, the leading cryptocurrency, is currently trading around $62,700, having recovered from its lows last week after falling below $58,000, as ETF inflows began to improve market sentiment. While the direction of future price movement is a subject of speculation, analysis firm CryptoQuant has released a new analysis on what is needed for an upward trend. Bitcoin Needs $1 Trillion to Rise! According to CryptoQuant analysts, $BTC needs more than $1 trillion in new capital for its next surge. According to CryptoQuant’s analysis, Bitcoin’s capital efficiency has decreased, and it needs over $1 trillion in new funding to support its…