Author: NBTC

A solo miner hit the jackpot on Saturday morning by solving block 907283, and data shows they did it with a modest hashrate of about 48.3 terahash per second (TH/s). Not bad for what’s essentially a one-person operation punching way above its weight. CK Pool Soloist Hits Block After 2,294 Misses Since the Last One On Saturday, a solo miner uncovered block height 907283, and according to mining buffs, the individual did it using a modest slice of hashpower. “Another Solominer just found a block,” The X account Solomining wrote. “The lucky guy had a total Hashrate of 48.3 TH/s…

The team behind Cosmos, a decentralized network of interoperable blockchains, has announced it is pausing its plans to launch an Ethereum Virtual Machine (EVM) platform. In its latest blog post, the Cosmos team cited cost and potential impact on user experience as key reasons behind its latest decision. https://t.co/UusGsZ47Q3 — Cosmos – The Interchain ⚛️ (@cosmos) July 14, 2025 New strategy to focusing on strengths; not competition The Cosmos team noted that building yet another virtual machine does not align with the project’s core strength, which is multi-chain interoperability. The team stated that it will now move forward by focusing…

US banking giant JPMorgan has reportedly suspended its customer onboarding process with cryptocurrency exchange Gemini. This decision comes on the heels of a social media post by Gemini co-founder Tyler Winklevoss, in which he accused the bank of “trying to kill fintech and crypto companies.” In another post today, Winklevoss alleged that JPMorgan canceled Gemini’s re-acceptance process because of a previous tweet by Winklevoss. In that tweet, Winklevoss warned that major banks were trying to bypass the Open Banking Rule, drafted by the Consumer Financial Protection Bureau (CFPB), which takes effect at the end of 2024. This new regulation gives…

Cryptocurrency exchange OKX announced the addition of two new USDT-based perpetual futures contracts to its platform on July 25. The new contracts are USELESSUSDT and NEWTUSDT. OKX to List USELESSUSDT and NEWTUSDT Perpetual Contracts Listing Timing USELESSUSDT contract: July 25 at 18:00 NEWTUSDT contract: July 25 at 18:15 The contracts in question will be active on OKX’s web platform, mobile application and API access. What is Useless? USELESS stands out as a meme coin built on the Solana network. The project cynically criticizes the concept of “usefulness” often promoted in the crypto industry, turning “uselessness” into a brand value. What…

In the high-stakes world of Bitcoin trading, where fortunes can be made and lost in moments, a prominent move by Hyperliquid trader James Wynn has captured the attention of the crypto community. Known for his aggressive yet calculated strategies, Wynn recently closed a highly profitable long position on Bitcoin (BTC) and immediately pivoted, opening an audacious 40x crypto short position. This bold maneuver has ignited discussions across social media and trading desks, raising questions about market sentiment and the inherent risks and rewards of extreme leveraged trading. The Genesis of a Bold Move: James Wynn’s Profit and Pivot The saga…

USDT stablecoin issuer Tether is the second-largest shareholder in Juventus Football Club, trailing only Exor NV, the investment vehicle of Italy’s Agnelli family. This is the first time a major European football club has counted a crypto company among its top investors. Tether, which formally revealed its stake in February, has accumulated a 10.7% ownership in the Turin-based club, a holding now valued at around €128 million ($149 million), per Bloomberg data. Juventus is arguably Italy’s most decorated football club and is now part of the 2025 Club World Cup tournament. It has been under the management of the Agnelli…

Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, rather than entering circulation immediately. Of the newly minted supply, $1 billion was sent directly to Binance, the largest global crypto exchange by trading volume. This transaction suggests that trading activity across crypto markets intensified, especially following Bitcoin’s new all-time high above $120,000. USDT plays…

Russia has been adopting and updating laws allowing it to target cryptocurrency transactions ahead of next year’s launch of its own coin, the digital ruble. The legislative changes make it harder for ordinary Russians to pay with or trade crypto, as operations like these can lead to account freezing, asset seizure and even criminal prosecution. Payment system law to hit peer-to-peer crypto trades in Russia The federal law “On the National Payment System” now empowers banks to restrict access to a client’s bank account if it’s involved in any kind of suspicious transactions, leading Russian crypto news outlet Bits.media raised…

The dynamic world of cryptocurrency is constantly evolving, with continuous updates and enhancements shaping the digital asset landscape. For investors and enthusiasts, staying informed about these developments is not just beneficial, but absolutely essential. A significant announcement from South Korean crypto exchange Bithumb has recently captured the attention of the STX token community, signaling an important, albeit temporary, change in how users can interact with their holdings. This move underscores the ongoing commitment to improving blockchain infrastructure and ensuring a robust, secure environment for digital assets. Why is Bithumb Suspending STX Token Transactions? Bithumb, a prominent player in the South…

The Bitcoin price today is trading near $118,400 after failing to hold above the $120,000 breakout level. While momentum from early July’s rally pushed BTC toward fresh 2025 highs, recent candles show signs of exhaustion below the upper boundary of a key ascending triangle. This structural slowdown is accompanied by mixed derivatives signals and fading dominance, suggesting bulls are facing increasing resistance. What’s Happening With Bitcoin’s Price? BTCUSD price dynamics (Source: TradingView) On the 4-hour chart, Bitcoin price action remains above the 20/50/100/200 EMA cluster, which now aligns between $116,420 and $113,653, suggesting buyers still have medium-term control. However, price…