Author: NBTC

Connecticut’s HB7082 bill passed both the Senate and the House unanimously. The bill also introduced new requirements for money transmitters within the cryptocurrency industry. The state of Connecticut has passed a law to prohibit the state from investing in Bitcoin (BTC) or in any other virtual currency. The bill dubbed HB7082 and officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments” imposed a comprehensive ban for the state and local governments from investing into crypto assets. The law also introduced new stringent regulations for crypto business within Connecticut’s jurisdiction. Notably, payment applications handling crypto assets in…

Conflux Network, a well-known platform that addresses scalability issues in the blockchains such as Ethereum and Bitcoin, has announced a new collaboration with Xunying Group and Ant Digital Technologies. The partnership aims to introduce China’s earliest RWA project using battery swapping technology to promote green energy. The platform took to its official social media account on X to reveal this development. Introducing China’s First Battery-Swapping RWA ProjectWe partnered with @AntChain and Xunying Group to tokenize real-world green energy infrastructure—starting with 596 battery-swapping stations and 15,000+ lithium batteries across six cities. pic.twitter.com/iQlIj1Pvxe — Conflux Network Official (@Conflux_Network) June 11, 2025 Conflux,…

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) as the flagship crypto asset trades around 7% below the all-time high reached in May. The analyst, pseudonymously known as Pentoshi, tells his 866,300 followers on the social media platform X that the spot Bitcoin exchange-traded fund (ETF) is the “fastest-growing ETF in history.” Pentoshi believes that Bitcoin’s surging adoption will eventually trigger a breakout against gold and “never look back.” “Younger generations will sell their boomer parents’ gold for digital gold. You can always discover more gold, but there will only ever be 21 million Bitcoin.…

21Shares has launched a new HBAR ETP, joining Valour in providing exchange-traded access to Hedera’s native token in Europe. Meanwhile, American investors await the SEC’s decision on the U.S. HBAR ETFs scheduled for June 11. 21Shares just launched a new ETP, offering 100% physically backed exposure to Hedera (HBAR). The 21Shares Hedera ETP allows both institutional and retail investors to access Hedera through traditional brokerage accounts, bypassing the need to interact with crypto-native infrastructure. The ETP, trading under the ticker HDRA, is now listed on Euronext Amsterdam and Euronext Paris. “As more institutions seek secure ways to access digital assets,…

Six elite footballers, including World Cup winners and former Barcelona and Sevilla stars, are facing fraud allegations after a crypto company they promoted vanished with millions in investor funds, leaving thousands holding worthless digital tokens. Barcelona’s Fifth District Court has launched a criminal investigation into a crypto and NFT scheme allegedly fronted by a group of Spanish and Argentine businessmen, with promotional help from the players, according to an El Periodico report. Filed by 12 victims earlier this year, the case accuses Shirtum Europa SLU and its promoters of defrauding investors out of at least $3.4 million (€3 million) through…

Japanese automakers have spent billions developing connected car features, yet most vehicle data remains locked in corporate silos. Now, a U.S.-based blockchain startup wants to change that dynamic in one of the world’s most advanced automotive markets. Decentralized vehicle data platform DIMO announced today that it is expanding into the Japanese market through a joint venture with Web3 company Hakuhodo KEY3, targeting automakers who struggle with costly infrastructure development and tightening privacy regulations. “Japan remains an integral part of the global market, with key automakers, Tier 1 suppliers, and mobility innovators all concentrated in the country,” DIMO Japan CEO Ryo…

The bullish Bitcoin momentum saw it defy a major bearish pattern on the daily chart, raising confidence of a continued upward trajectory. Bitcoin has again demonstrated strength over the past few days. Notably, a wave of corrective momentum kicked in on Tuesday, sparking a three-day downtrend, during which the crypto leader corrected by 4%. Much of the Thursday retracement emerged following market skepticism from an unrelated war of words between US President Donald Trump and Elon Musk. The tension saw Bitcoin briefly touch $100,000 before bulls stepped in again and pushed prices back up. Price Rebound Nullifies Bullish Structure However,…

Bitcoin retreated slightly on Wednesday amid a U.S. court decision that invalidated President Donald Trump’s sweeping tariff regime, delivering a blow to his second-term trade doctrine and calming equity markets. A three-judge panel at the U.S. Court of International Trade ruled that Trump exceeded his presidential authority when he imposed blanket tariffs on most U.S. trading partners in early April, citing a national emergency under the decades-old International Emergency Economic Powers Act (IEEPA). IEEPA, enacted in 1977, grants the U.S. president authority to regulate international commerce during declared national emergencies arising from external threats. “We instead read IEEPA’s provisions to…

Dogecoin has recorded 10.79 billion DOGE in open interest in the last 24 hours, according to data from CoinGlass. Notably, open interest refers to the sum total of active futures contracts that investors have committed to Dogecoin and remain unsettled. Top exchanges driving Dogecoin’s futures momentum The estimated fiat value of this massive volume of DOGE is around $2.11 billion. This represents a 1.78% increase in the last 24 hours of trading on the market. It suggests increased interest from holders of the meme coin as they anticipate a bullish run. As of press time, the Dogecoin price was changing…

The Digital Asset Market Clarity Act, a bill aiming to reshape crypto regulation in the U.S., has passed through two key House committees and is now headed for a full floor vote.  The House Committee on Financial Services voted 32-19 on Wednesday to advance H.R. 3633, following a bipartisan 47-6 vote in the House Agriculture Committee, which also oversees commodity markets and digital assets, on Tuesday. “Blockchain technology and digital assets are reshaping the future of American finance,” House Financial Services Chair French Hill (R-AR) said in a statement. “Congress has a historic opportunity to provide the clear regulatory framework…