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.
In a recent development that has caught the attention of the crypto community, South Korean crypto exchange Upbit has issued an urgent announcement. The exchange has temporarily suspended all deposits and withdrawals of the FLR token. This crucial decision stems from a significant technical issue: a halt in block production on the underlying Flare network. For anyone holding or trading FLR, understanding the implications of this Upbit FLR suspension is paramount. Why the Upbit FLR Suspension Matters When a major crypto exchange like Upbit announces a suspension of services for a particular asset, it sends ripples through the market. Upbit,…
SynFutures integrated the Chainlink Data Standard to ensure tamper-proof pricing in its new perpetual gold market on Base. Chainlink’s cross-chain solutions now support over 46 blockchains and were recently adopted by WEMIX and Plume Network. Not many platforms dare to directly target the gold market in the DeFi space. But SynFutures has chosen this path, by collaborating with Chainlink to ensure that all gold price data (XAU) used is truly secure and free from manipulation. This collaboration was announced along with the launch of the XAU perpetual market on the Base network—which means users can now trade gold like derivative…
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, known for his bearish disposition on Bitcoin (BTC), has made a notable prediction. This time, McGlone shared his forecast that the leading digital currency is underperforming against gold. Reason Mike McGlone predicts shift toward gold Per McGlone’s update, Bitcoin has been underperforming in 2025 relative to gold. This suggests the market is shifting away from riskier assets like Bitcoin as investors lean toward traditional assets like gold. He implied that the broader financial market is deflationary after the recent inflation spike. The commodity strategist opines that investors generally prefer traditional assets like…
Ethereum’s price roller-coaster has drawn a dramatic wager from big players. While many smaller traders are bracing for more losses, a handful of massive accounts have broken the surface and put millions in a massive show of force. Ethereum Whale Bets Surface According to on-chain data, one whale opened a long position worth $101 million at an entry price of $2,247, using 25x leverage. That bet paid off with roughly $950,000 in profit, but it also cost $2.5 million in fees. These numbers show just how high the stakes have become. High Fees Cut Into Gains This whale further withdrew…
Guillaume Poncin of Alchemy predicts that the passage of the Genius Act will soon bring major financial institutions into the stablecoin business. The U.S. Senate has passed the Genius Act, bringing long-awaited regulatory clarity to stablecoins. With this development, major financial institutions are expected to roll out their own stablecoins. Guillaume Poncin, CTO of Alchemy, gave an interview to crypto.news. Alchemy is working with Visa, Coinbase, Stripe, and Robinhood on stablecoin issuance. Until now, major banks have held back, waiting for clear regulations, a need the new bill addresses. Poncin believes that, in the future, every bank will issue its…
The cryptocurrency landscape is constantly evolving, and at its core, the quest for regulatory clarity remains a paramount challenge and opportunity. In a significant move towards shaping a more favorable environment for digital innovation, on-chain financial services platform Avalon Labs recently announced a pivotal discussion with the Bitcoin Policy Institute in Washington, D.C. This collaboration marks a crucial step in advocating for a robust and innovation-friendly regulatory framework in the United States. What is Avalon Labs’ Vision for Crypto Innovation? Avalon Labs (AVL) operates as an on-chain financial services platform, dedicated to building infrastructure that supports the burgeoning decentralized finance…
It’s been nearly a year since one of India’s biggest crypto debacles left users blindsided. The ₹2,000 crore WazirX hack shook the ecosystem, but the silence from its founder, Nischal Shetty, has been louder than any response. Now, a fresh twist has reignited public outrage, a secretive transfer of ownership rights after the breach. But king of fraud @NischalShetty is still out of your reach how? He ruined millions of families and no action from you.. #WazirScam more 10,000cr https://t.co/YzeX7nllWS — Justice for WazirX Users (@WazirXUsers) June 26, 2025 The Quiet Exit No One Saw Coming New revelations show that…
Heritage Distilling Holding Company, Inc. announced Tuesday the upcoming release of Bitcoin Bourbon, a limited-edition Kentucky straight bourbon whiskey, alongside a 1 BTC giveaway contest following its new policy of accepting cryptocurrency payments. Satoshi-Strength Sip: Heritage Distilling Debuts Bitcoin Bourbon The Nasdaq-listed company (CASK), named North America’s most-awarded craft distillery for ten consecutive years, stated Bitcoin Bourbon is crafted at 106.15 proof. The proof strength intentionally references the “6.15” term associated with financial freedom in Bitcoin culture. The bourbon symbolizes a blend of traditional distilling and digital currency innovation. Heritage is also launching a BTC giveaway contest where one winner…
Chainlink leads DeFi development with the highest momentum score, staying dominant in smart contract infrastructure. Despite strong development activity, Chainlink’s price drops and trading activity declines by over 22%. In its latest rankings, blockchain analytics platform Santiment has ranked Chainlink (LINK) as the top DeFi project based on development momentum, achieving a whopping development activity score of 363.73. This ranking indicates Chainlink’s utmost focus on growth and innovation within the decentralized finance segment. Santiment’s data, tracking GitHub commits and code contributions, shows Chainlink has maintained its position as the most actively developed DeFi project over the past 30 days. The…
Ethereum price started a fresh increase above the $2,220 zone. ETH is now showing positive signs and might aim for a move above the $2,550 zone. Ethereum started a fresh upward move above the $2,220 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,500 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase…