Author: NBTC

A US appeals court has overturned a $9 million judgment given to non-fungible token conglomerate Yuga Labs in its long-running lawsuit against artist Ryder Ripps and business partner Jeremy Cahen. The Ninth Circuit Court of Appeals said on Wednesday that Yuga Labs had yet to prove its allegation that Ripps and Cahen’s NFT collection — which it claimed is a direct ripoff of its flagship Bored Ape Yacht Club collection — was “likely to cause consumer confusion.” The three-judge panel sent the lawsuit back to a California federal court for a trial on Yuga Labs’ claims of trademark infringement and…

Cryptocurrency analyst and trader Kevin Svenson is saying one indicator is signaling major momentum for Bitcoin (BTC). Svenson tells his 83,500 YouTube subscribers that the relative strength index (RSI), a momentum oscillator used to determine overbought or oversold conditions, is flashing a signal on the daily time frame that has previously preceded massive rallies such as in October of 2023, February of 2024 and November of 2024. “Bitcoin’s daily RSI is attempting to bounce off of the overbought zone. Which, in my book, when you break out and you enter overbought, that is oftentimes can be a very bullish signal.…

Institutional demand for Ethereum (ETH) continues to accelerate, with Fidelity making one of the largest single-day purchases this week. According to blockchain analytics from Lookonchain, the Fidelity Ethereum Fund (FETH) added 33,788.82 ETH on July 22, worth approximately $124 million, bringing its total holdings to 629,202 ETH, valued at $2.33 billion at current market prices. July 22 Update:10 #Bitcoin ETFsNetFlow: -1,477 $BTC(-$176.21M)🔴#ARK21Shares outflows 665 $BTC($79.31M) and currently holds 49,586 $BTC($5.91B).9 #Ethereum ETFsNetFlow: +75,296 $ETH(+$278.45M)🟢#Fidelity inflows 33,953 $ETH($125.56M) and currently holds 629,202… pic.twitter.com/7G6IgZpMTd — Lookonchain (@lookonchain) July 22, 2025 Recently there has been a strong broader institutional pivot toward Ethereum following…

Publicly traded consumer products firm Upexi made a strategic decision to create a digital assets treasury in April, raising $100 million to buy Solana, promptly sending its share price skyrocketing. Now months later, the firm is raising another $200 million in part to acquire more SOL, the native token of the layer-1 network its Chief Strategy Officer Brian Rudick told Decrypt is the “end-game winning, high performance blockchain.”  “Solana is one of the first second-generation high-performance blockchains, so it benefits from having both best-in-class performance via newer blockchain technologies like parallel transaction processing, but also large network effects from having…

GLC Recycle’s blockchain-backed passport now tracks recycled batteries, locking in verified data with IOTA. IOTA gains 53% in a month, buoyed by real-world use and Southeast Asia network expansion. GLC Recycle has introduced its first Digital Product Passport (DPP) using the Orobo platform, anchoring key data with IOTA’s system. This development now allows full lifecycle tracking of recycled batteries through blockchain-backed verification. The DPP ensures the information is secured and auditable, preventing any form of tampering. Using IOTA’s Tangle, Orobo records end-of-life battery data in a transparent and tamper-proof format. This gives product owners and regulators access to accurate records.…

President Donald Trump signed an executive order on Wednesday banning U.S. government agencies from awarding contracts to AI companies whose models exhibit “ideological biases or social agendas,” escalating an ongoing political battle over artificial intelligence. The order targets so-called “Woke AI” systems, accusing them of prioritizing concepts like diversity, equity, and inclusion (DEI) over factual accuracy.  “DEI displaces the commitment to truth in favor of preferred outcomes,” the order stated, describing such approaches as an “existential threat to reliable AI.”  Examples cited in the order include AI models that alter the race or gender of historical figures such as…

Backed by Adam Back and built around a Bitcoin-per-share model, BSTR is set to enter the public markets through a Cantor Fitzgerald-led SPAC. Table of Contents A $3.5 billion bet on Bitcoin BSTR is more than just a treasury play The Adam Back continuum BSTR joins growing list of public BTC-holding firms A $3.5 billion bet on Bitcoin On Jul. 17, Bitcoin Standard Treasury Reserve (BSTR) announced plans to enter the public markets through a merger with Cantor Equity Partners I (CEPO), a special-purpose acquisition company affiliated with Cantor Fitzgerald. CEPO is led by Brandon Lutnick, son of former U.S.…

Ethereum’s validator exit queue swelled on Tuesday to its longest wait time in more than a year, that could signal a rush among stakers to pull funds after a major price rally in ether (ETH). There was nearly 519,000 ETH as of Tuesday U.S. afternoon, worth $1.92 billion at current prices, in line to exit the network, data by validatorqueue.com shows. That the largest amount in the exit queue since January 2024, extending withdrawal delays to over 9 days, per the data source. ETH validator exit queue (validatorqueue.com) The congestion is due to the dynamics of Ethereum’s proof-of-stake model, which…

Two of the biggest crypto-linked stocks set records on Wednesday, with Coinbase hitting a an all-time high price and both Coinbase and Strategy setting new highs for closing market cap. The stock milestones came amid a surge in crypto prices, with Bitcoin setting multiple all-time highs in recent days, while other major coins like Ethereum and XRP are up more than 20% each over the past week. Coinbase, the prominent American crypto exchange, hit a record of $405.88 on Wednesday afternoon, per Yahoo Finance, along with a record peak closing price of $398.20—up 2.6% on the day and 6.5% over…

Singularity Finance, the ASI Alliance’s financial arm, has released its H2 2025 roadmap, with Q3 bringing AI portfolio tools, yield vaults, and trading agents. Singularity Finance, the financial engine of the Artificial Superintelligence Alliance, has released its roadmap for the second half of 2025. For the upcoming Q3, the project plans to launch its AI-powered portfolio management tools designed to help users build, monitor, and rebalance crypto investment strategies based on real-time data and smart automation. Alongside this, the platform will introduce diversified yield vaults — automated smart contracts that allocate user funds across multiple AI startups and infrastructure projects…