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.
Critical Nonfarm Payroll and Unemployment Data Released in the US – Here’s Bitcoin’s Initial Reaction
According to breaking news, the US non-farm payroll and unemployment rate data that all financial markets have been waiting for has been released. The details of the data were determined as follows: 🔹 Unemployment rate: 4.2% (expected: 4.2%) 🔹 Nonfarm payrolls: +73K (expected: +110K) 🔹 Private sector employment: +83K (expected: +100K) 🔹 Hourly earnings (Y/Y): +3.9% (expected: +3.8%) 🔹 Hourly earnings (M/A): +0.3% (expected: +0.3%) 🔹 Participation rate: 62.2% (expected: 62.3%) 🔹 Manufacturing employment: -11K (expected: -3K) 🔹 Average weekly working hours: 34.3 hours (expected: 34.2) 🔹 Broadly defined unemployment (U-6): 7.9% Bitcoin’s initial reaction to the data is as…
Roman Storm’s early passion for code led to Silicon Valley, Tornado Cash — and a guilty verdict
Roman Storm, the Tornado Cash co-founder and developer, found an interest in computer software at a young age after his parents bought him a personal computer. Now, at 36 years old, he holds a guilty verdict for operating an unlicensed money-transmitting business, issued by a jury on Wednesday. He remains in limbo as prosecutors could still retry him on two additional felony counts: conspiracy to commit money laundering and conspiracy to violate US sanctions. Storm has always been drawn to “the more technical side of things,” he said on a podcast in early July, just before his trial began in…
The cryptocurrency world often sees dynamic shifts, and staying informed is crucial for traders. A recent significant announcement directly impacts users of a major platform: the Bybit delisting of several key assets. This news requires immediate attention from anyone holding or trading these specific digital currencies on the exchange. What Are the Latest Bybit Updates on Trading Pairs? Leading crypto exchange Bybit has officially announced the delisting of four specific spot trading pairs. This decision, communicated via their official website, is a part of their ongoing efforts to maintain a robust and efficient trading environment. The affected pairs include CHRP/USDT,…
The world of cryptocurrency is always buzzing, and the latest news from TeraWulf, a prominent player in the digital asset space, has caught the attention of many. This leading Bitcoin miner recently unveiled its Q2 performance, providing crucial insights into the evolving landscape of TeraWulf Bitcoin mining. Let’s dive into the details of their latest financial disclosures and what they mean for the broader market. What Do TeraWulf’s Q2 Results Reveal? TeraWulf (NASDAQ: WULF) reported its second-quarter earnings, showcasing a significant period for the company. According to a Globe Newswire press release, the firm generated a revenue of $47.6 million…
Locked liquidity on decentralized finance (DeFi) applications reached a record $270 billion in July, partly driven by tokenized stocks growth. DappRadar’s data shows the total value locked (TVL) in DeFi protocols jumped 30% month-over-month, while active wallets for tokenized stocks soared from roughly 1,600 to more than 90,000, pushing their market cap up 220%. Meanwhile, NFT trading volumes jumped 96% to $530 million during the month. The average NFT price also doubled to around $105 as more users engaged with the market. NFT activity edges ahead of DeFi While DeFi liquidity climbed, user attention shifted elsewhere. In July, approximately 3.85…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is down -3.93% today against the US Dollar Ethereum is currently trading 9.44% below our prediction on Aug 05, 2025 Ethereum gained 53.16% in the last month and is up 13.74% since 1 year ago ETH price is expected to rise by 9.74% in…
While U.S. dollar-backed stablecoins continue to dominate the conversation, recent discussions with investors indicate a growing focus on the tokenization of real world assets (RWAs), including stocks, bonds, bank deposits, and real estate, Bank of America (BAC) said in a report Monday. According to BofA, this shift marks the beginning of a multi-year journey toward fully blockchain-based transactions. The transformation will require significant infrastructure development but promises a new era of 24/7 access across global jurisdictions, instant settlement, and enhanced liquidity, all underpinned by smart contracts that ensure compliance, the report said. Tokenization of real-world assets on a blockchain involves…
This week’s verdict against Tornado Cash co-founder Roman Storm signals that crypto developers may face increased legal risks when working on one of the areas the industry arguably needs most: privacy. Roman Storm, the co-founder of crypto privacy tool Tornado Cash, was found guilty on Wednesday of one criminal charge in a case that could reshape how the law treats developers in decentralized finance (DeFi). The trial centered on allegations that Storm knowingly enabled money laundering through Tornado Cash, despite publicly promoting it as a privacy tool. The New York jury ultimately convicted him of conspiracy to operate an unlicensed…
According to the Financial Times, the world’s largest cryptocurrency exchange, Binance, has chosen Spanish bank BBVA as its custody provider. BBVA, Spain’s third-largest bank, recently began providing services to Binance as one of its few independent custodians. This move aims to alleviate investor concerns about the exchange’s security, particularly following the FTX bankruptcy in 2022. With this partnership, Binance has allowed customers to keep their assets in the bank instead of on an exchange. Binance previously required its customers to store their assets only with Binance or its subsidiary Ceffu. However, Binance’s stance changed early last year when it began…
Key Takeaways Block’s Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block’s Cash App platform shows strong growth in Bitcoin transactions and financial services. Proto Mining, an initiative built by Jack Dorsey-led Block, will launch new Bitcoin mining chips next week that it believes will help democratize the mining ecosystem, said Amrita Ahuja, the company’s chief financial officer, in a Friday interview with CNBC’s ‘Squawk Box.’ Dorsey also hinted at the launch on X yesterday. The Bitcoin advocate recently generated headlines for the rollout of Bitchat, a decentralized messaging application. next week ⛏️ https://t.co/xf1qajTcpz —…