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.
The Bitcoin mining industry is on the brink of a major transformation in 2025, with the partnership between the Trump family and Hut 8 alongside Tether’s ambition to become the world’s largest mining company by year-end. This reshapes the Bitcoin mining sector and opens up strong growth prospects for 2025. However, success will depend on technology, policy, and the ability to adapt to market fluctuations. Bitcoin Mining Will Hit New Heights in 2025 In the latest development, Tether CEO Paolo Ardoino has declared plans to deploy 450 MW of mining capacity by year-end, targeting 1% of the global hashrate. This…
Users across several blockchains can now take non-custodial, crypto-backed loans in just days, the two firms claim. DeFi is racing to close the usability gap with traditional platforms. On Wednesday, June 25, Web3 cloud firm Gelato and Defi lending protocol Morpho announced the launch of embedded crypto-backed loans. According to the two firms, the platform would be as easy to use as a banking app. Today, in collaboration with @MorphoLabs, we’re introducing Embedded Crypto-Backed Loans.A new way for wallets, exchanges, and fintech applications to offer instant, non-custodial, and web2-like stablecoin loans directly in their products.Available now on @arbitrum,… pic.twitter.com/EfWnDif5i3 —…
Coinbase CEO Warns of Looming Financial Crisis, Advocates for Crypto’s Role in Global Economy
Brian Armstrong sees Bitcoin’s growing adoption as a store of value, predicting it will eventually surpass gold in government reserves. Economic challenges like rising inflation and debt fuel the demand for Bitcoin as an alternative to traditional financial systems. A large Ethereum transfer to Coinbase highlights the rising institutional interest in Ethereum, demonstrating its significance in decentralized finance. Recently, the CEO of Coinbase Global, Brian Armstrong, stated on X (formerly Twitter) that Bitcoin is increasing its role in the economy of the entire world, stating that it will be preferable to keep a store of value than gold. Armstrong focused…
Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin in three months. Sophon’s utility token, SOPH, fell by 24.97% within 24 hours of its market debut on Binance and several other exchanges, shedding over $80 million from its market capitalisation. The steep decline followed a large-scale airdrop event in which 900 million tokens—9% of SOPH’s total 10 billion supply—were unlocked and distributed to early contributors, farmers, zkSync users, and NFT holders. While airdrops are…
Bitwise has updated its filing for its spot Dogecoin and spot Aptos ETFs, indicating that the U.S. Securities and Exchange Commission (SEC) is actively involved in the process. Bloomberg Senior ETF Analyst Eric Balchunas said in a statement today that this development is a positive sign, stating that it is in line with other spot crypto ETF approval processes. Balchunas said the most notable change is the addition of “in-kind” (direct asset swap) asset creation and redemption mechanisms to the applications. This feature allows investors to create ETF shares or receive redemptions directly in cryptocurrencies instead of cash. “It seems…
Maple Finance, a leading Decentralized Finance (DeFi) platform specializing in institutional lending, has been making headlines with its impressive growth and innovative offerings. At the heart of this success is the $SYRUP token, which has seen a significant surge in value in recent months. The token is currently priced at $0.6173, with a market capitalization of approximately $687 million and a fully diluted valuation (FDV) of about $734 million. This article explores the bullish factors driving the $SYRUP token’s rise, based on a detailed thread posted by @Rendoshi1 on X on June 14, 2025, and supported by the latest market…
OpenSea, a trading platform for non-fungible tokens (NFTs), officially introduced its OpenSea2 (OS2) upgrade to the wider public after a period in beta. The revamped product now features token trading across 19 blockchains as it continues to pivot from NFTs to the wider crypto market. “OS2 is the foundation for the next generation of OpenSea,” said Devin Finzer, co-founder and CEO of OpenSea, said in a statement. “We’ve rebuilt the platform from the ground up to become the best destination for everything on-chain, from NFTs to tokens, across chains and communities.” The company also announced a revamp of its rewards…
AI firm Anthropic has won a key legal victory in a copyright battle over how artificial intelligence companies use copyrighted material to train their models, but the fight is far from over. U.S. District Judge William Alsup found that Anthropic’s use of copyrighted books to train its AI chatbot Claude qualifies as “fair use” under U.S. copyright law, in a ruling late Monday. “Like any reader aspiring to be a writer, Anthropic’s LLMs trained upon works not to race ahead and replicate or supplant them — but to turn a hard corner and create something different,” U.S. District Judge William…
Coinbase Futures announced that it will launch a new perpetual futures-like product in the U.S. on July 21. Dubbed “US Perpetual-Like Futures,” the contracts aim to provide a local, U.S.-regulated alternative to perpetual futures products commonly used on offshore exchanges. “We are excited to offer these products on Coinbase Futures, designed to mirror how global perpetual futures work, yet remain fully compliant with U.S. regulations. Internationally, perpetual futures represent 90% of cryptocurrency trading volume by some reports,” Coinbase said in a statement. The first phase of the offering includes perpetual-style futures contracts for nano Bitcoin (0.01 BTC) and nano Ether…
Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that they are incapable of facilitating transactional use at a truly global scale without completely sacrificing the decentralization and verifiability that make them valuable in the first place. This has been an existential issue that Bitcoiners have grappled with from the very beginning of Bitcoin. This is a comment from James A. Donald, a Canadian cypherpunk who was the first person to reply to Satoshi’s original post on the cryptography mailing list: Satoshi Nakamoto wrote: “The bandwidth might not be as…