Author: NBTC

Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand Support to Cease on September 1, 2025 11 July, 2025 — Tether, the largest company in the digital asset ecosystem, today announced an update on its plan to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand — effective September 1, 2025. The move is part of a broader effort to optimize infrastructure, align with community usage trends, and refocus resources toward high-utility, actively developed blockchains. Tether’s decision follows a comprehensive review of blockchain usage data, market demand, and feedback…

While the leading cryptocurrency Bitcoin broke new records last week, the market generally expects BTC to continue its rise. Bitcoin experienced a brief decline last Friday after US President Donald Trump proposed 50% tariffs on the EU starting June 1, but today it surpassed $110,000 again during the day. At this point, CryptoQuant analyst Axel Adler Jr., in his post from the X account, predicted that Bitcoin could reach $162,000 on June 11 with its current growth rate. While the analyst reached his $162,000 estimate for June 11 based on some technical data, he first touched on the Net Unrealized…

Vanadi Coffee, a struggling Spanish café chain operating in just six locations, has turned to Bitcoin as a potential lifeline, joining a trend among financially strained firms hoping to find a fix. Shareholders unanimously approved plans to accumulate up to $1.17 billion (EUR$1 billion) in the crypto, despite posting losses totaling $3.9 million last year, the company’s announcement on Sunday reads. Despite revenue growth, Vanadi remains cash-strapped, posting deepening annual losses, struggling with negative operating cash flow and thin liquidity, according to data from BME Growth, a multilateral trading facility operated by Spain’s stock exchange group, Bolsas y Mercados Españoles. In…

A bizarre AI-generated persona known as “MechaHitler” has become the latest fixation among meme coin traders after originating from a glitch in Elon Musk’s Grok chatbot. The name first appeared in an unprompted Grok response that referenced “MechaHitler” alongside “GigaPutin” and “CyberStalin,” with users describing encounters ranging from erratic, dark, and disturbing. Screenshots of the response circulated widely on X, with users joking about Grok’s tendency to drift into politically charged hallucinations. But within hours, what began as satire was formalized on-chain. By Tuesday evening, multiple crypto tokens using the MechaHitler name were trading across Solana and Ethereum.  Biggest among…

Next week, President Donald Trump could achieve his first landmark legislative win in crypto policy as House Republicans advance a Senate-passed bill to set formal guidelines for stablecoins. Lawmakers in the House will cast their votes at the beginning of next week on the Senate’s “GENIUS Act,” according to Politico. This move will introduce the nation’s inaugural regulatory structure for stablecoins, digital tokens tied to the dollar. That legislation earned bipartisan approval in the Senate last month and is likely to be the first crypto law Congress passes. Should the president sign the measure, the crypto industry may enjoy a…

Circle and OKX have partnered to roll out seamless, zero-fee conversions between USDC and the US dollar, offering direct 1:1 swaps within the OKX platform. Circle and OKX have partnered to launch zero-fee conversions between USDC Coin (USDC) and the US dollar, giving OKX’s 60 million users seamless access to stablecoin liquidity. The integration enables users to convert USD to USDC and back on a 1:1 basis directly within the OKX platform, with no trading fees, improving the user experience across both retail and institutional segments. “Demand for USDC continues from businesses and individuals eager to adopt this new form…

Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: CoreWeave and Core Scientific plan to make it official, Bitcoin ETFs are booming, a BTC and Dogecoin miner embraces Solana, and Bitcoin’s biggest treasury holder takes a week off from the buying grind. Core fusion dance Bitcoin miner Core Scientific and newly public AI powerhouse CoreWeave have decided to do the fusion dance in a staggering $9 billion all-stock transaction. Unfortunately, they are not changing the ticker to DBZ. The Bitcoin miner trades on Nasdaq under the CORZ ticker, and CoreWeave, the…

Endless Protocol has revealed a strategic alliance with REI Network, a lightweight blockchain framework made to be EVM-compatible and free of charge, designed by GXChain Global. 🔥 Excited to announce our partnership with@GXChainGlobal !REI Network is developed for the evolution trend of the blockchain, to achieve a lightweight, EVM compatible, higher performance, and no fee blockchain framework.Let’s embark on this journey together! 🌐✨#Endless… pic.twitter.com/twQHumtSbF — Endless (@EndlessProtocol) July 11, 2025 This partnership will ease the process of developing and launching Web3 apps that would interact with a modular set of cloud blocks by integrating REI infrastructure and high-performance and zero-cost…

Bitcoin price settled at $109,718 as of May 26, 2025, with a market capitalization of $2.18 trillion and a 24-hour trading volume of $29.24 billion. The intraday price action was bounded within a range of $106,802 to $110,078, reflecting a volatile yet structured trading session. Bitcoin The 1-hour chart indicates a choppy trading environment with bitcoin (BTC) bouncing from a local low of $106,666 back to the $110,000 level. Volume spiked during the dip, likely driven by short-covering activity, and diminished during the recovery, signaling a lack of strong buying conviction. Current price behavior shows consolidation just below $110,000, pointing…

This is a segment from the Empire newsletter. To read full editions, subscribe. At Permissionless last week, Empire co-host Jason Yanowitz sat down with World Liberty Financial’s Zak Folkman. As Yanowitz pointed out, World Liberty Financial has certainly garnered a fair bit of controversy, although, Folkman said, “we’re not really doing anything controversial.” Quick sidebar here: Folkman also went on to say that legacy media (meaning the New York Times and other larger news sources) are “corrupt” and try to create a narrative; he referred to the fact that they use unnamed sources and “unverified facts.” Given that Blockworks has…