Author: NBTC

Polymarket, the crypto-powered betting platform known for its political prediction markets, is preparing a return to the U.S. after a federal investigation into its operations was dropped last week, the company said in a press release on Monday. The New York-based company is acquiring QCX, a regulated derivatives exchange, for $112 million. The Commodity Futures Trading Commission (CFTC) granted QCX approval to operate on July 9, two years after first applying for a license. The deal gives Polymarket a legal path back into the U.S., where it had agreed in 2022 to stop serving American users. At the time, Polymarket…

Cryptocurrency analyst Fred Krueger recently predicted that Bitcoin will achieve a unique position in the global economy within the next 20 years. According to Krueger, Bitcoin will go beyond being a mere digital asset and become the largest “store of value” in the world. “It’s hard for most people to believe, but Bitcoin will likely become the primary store of value on planet Earth within 20 years,” Krueger said. According to the analyst, in this scenario, Bitcoin’s market capitalization would reach $10 billion, with its total value reaching $200 trillion. This would make Bitcoin five times the current market capitalization…

NEAR’s DCML enables secure AI workloads using trusted enclaves, protecting user data while allowing model monetization. Users can fine-tune AI privately, verify results, and earn from shared model access without giving up data ownership. NEAR Protocol has introduced a new approach to artificial intelligence called Decentralized Confidential Machine Learning (DCML). This isn’t just a complicated technical concept. In short, anyone can run AI models privately and securely, even on someone else’s computer, without fear of data leaks or being spied on by third parties. Train Together, Earn Together: A New AI Economy This model relies on secure enclave technology (Trusted…

A heated Reddit debate reveals deep divisions on whether using bitcoin to eliminate mortgage debt is financial wisdom or a missed opportunity. Redditors Split on Using Bitcoin to Kill Mortgage Debt A provocative question on Reddit – “If 20 percent of your stack could pay off your mortgage, would you?” – ignited a passionate discussion, revealing a community deeply divided on the financial and emotional calculus of using bitcoin (BTC) to achieve debt freedom. Analysis of the extensive thread shows a slight numerical edge for those opposed to paying off their mortgage using bitcoin. Roughly 45% of commenters explicitly stated…

Bitcoin has already shown a lot of strength in recent times, pushing as high as $123,000 before trailing back down toward $117,000. So far, it looks like the digital asset has hit a roadblock and is now possibly looking at a peak. But analyst Merlijn The Trader has explained that it is far from over for Bitcoin with more rallies to come. He reveals that the Bitcoin price is yet to stage its ‘final act’, which must happen before there are talks of a top. Bitcoin 4-Year Cycle Is Still In Play After the Bitcoin price rallied to new all-time…

SharpLink Gaming (NASDAQ: SBET), the largest corporate holder of ether (ETH), is raising its equity sale target from $1 billion to $6 billion, expanding its strategy of buying ETH for treasury reserves. In an updated filing with the U.S. Securities and Exchange Commission (SEC) on Thursday, the Minnesota-based affiliate marketing firm disclosed a prospectus supplement that increases the amount of common stock eligible for sale by $5 billion, on top of the $1 billion previously filed on May 30. “We are increasing the total amount of Common Stock that may be sold under the Sales Agreement to $6 billion,” the…

GameStop, the prominent video game retailer that’s building a Bitcoin treasury, generated an additional $450 million in fundraising that it can use to buy BTC, according to a filing with the SEC.  The raise boosts its previous convertible notes offering to $2.7 billion in total after the initial purchaser exercised its option to purchase the additional $450 million in 2030 notes. The offering was previously upsized from $1.75 billion to $2.25 billion.  While plans for the net proceeds do not specifically mention Bitcoin, it gives room for the firm to purchase the top cryptocurrency. “The company intends to use the…

Avalanche whales are actively engaged in transactions in the broader cryptocurrency space. Over the last 24 hours, Avalanche (AVAX) whales have maintained an active lead, with a surge in transaction volume of 189%. This suggests intense activities as large holders move AVAX. Avalanche whale activity shifts market sentiment According to IntoTheBlock data, this surpasses the volume of transactions on higher-ranked crypto assets, such as Ethereum and Cardano, within the same time frame. While Ethereum (ETH) whales have managed to increase transaction volume by 114%, Cardano whales are experiencing a decline. Cardano whale activity has declined by 9% within this period.…

Crypto is now so entrenched in the U.S. financial system—with bipartisan momentum and Wall Street alignment—that no future administration can unwind it, an expert explained. Can Future Administrations Shut Down Crypto? Not After What Just Happened Mounting bipartisan support and deep institutional adoption are anchoring U.S. crypto legislation, signaling a long-term policy shift that future administrations will struggle to unwind. Bitwise Chief Investment Officer Matt Hougan stated on July 17 on social media platform X that the fear of incoming administrations undoing digital asset legislation is unfounded. After the House of Representatives passed three crypto bills on Thursday, Hougan posted:…

Although blockchain technology has made considerable strides, bringing these innovations into traditional finance remains a complex endeavor. According to Howard Wu regulatory ambiguity was historically the biggest obstacle but now the focus has shifted toward the equally demanding task of implementation. From Regulatory Clarity to Implementation Complexities Despite rapid technical advancements in the blockchain space, integrating these new technologies into established financial systems presents complex challenges. Howard Wu, Founder of Aleo and CEO of Provable, an Aleo Labs company renowned for developing compliant and confidential payment products, recently offered insights into the evolving non-technical hurdles institutions face in adopting privacy-preserving…