Author: NBTC

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…

Gaming retailer GameStop (GME) has raised an additional $450 million through the additional sale of zero-coupon convertible senior notes, the company announced in a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday. This latest move follows last week’s $2.25 billion private bond issuance, bringing the total capital raised to $2.7 billion. The additional notes were sold upon the full exercise of a 13-day greenshoe option granted to the initial investor. The notes, due 2032, are convertible into GameStop Class A common shares at $28.91 per share, a 32.5 percent premium to the volume-weighted average of the shares…

US-based and NASDAQ-listed Windtree Therapeutics has taken a significant step in its crypto asset strategy, signing a $60 million investment agreement with Build and Build Corp. The agreement includes the potential for an additional subscription of up to $140 million. This investment, which could reach a total of $200 million, will enable Windtree to directly own BNB, making it the first company in this category on NASDAQ. According to a press release from the company, the investment proceeds will be in the form of cash, shares of the Osprey BNB Chain Trust, and direct BNB tokens. This funding will be…

Japan’s regulatory bottlenecks, not taxes, are the real reason crypto innovation is leaving the country, according to Maksym Sakharov, co-founder and CEO of Web3 firm WeFi. Sakharov told Cointelegraph that even if the proposed 20% flat tax on crypto gains is implemented, Japan’s “slow, prescriptive, and risk‑averse” approval culture will continue to push startups and liquidity offshore. “The 55% progressive tax is painful and very visible, but it’s not the core blocker anymore,” he said. “The FSA/JVCEA pre‑approval model and the absence of a truly dynamic sandbox are what keep builders and liquidity offshore.” Listing a token or launching an…

In the fast-paced world of decentralized finance (DeFi), where fortunes can be made or lost in the blink of an eye, a recent move by a prominent Hyperliquid whale has sent ripples across the crypto community. This isn’t just any trade; it’s a colossal, high-stakes gamble that underscores the thrilling, yet perilous, nature of leveraged trading in the digital asset space. What Just Happened with the Hyperliquid Whale? According to real-time data from HyperDash, a significant event unfolded approximately ten minutes ago: a well-known Hyperliquid whale, identified by the handle AguilaTrades, executed a staggering 25x leveraged long position on Ethereum…