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.
Bybit Enters Indonesia Market After NOBI Acquisition, Heating Up Southeast Asia’s Exchange Race
The global exchange drive into Southeast Asia tightened its grip this week. Bybit, already ranked among the largest trading venues by volume, has formalized its entry into Indonesia through a majority acquisition of local platform NOBI, according to the original report. The deal hands Bybit a fully licensed local entity and a direct path to one of the world’s most active retail crypto environments. Indonesia’s crypto adoption story has been hard to ignore for global operators. The country’s population of over 270 million, rising smartphone penetration, and a regulatory framework that, while still tightening, has provided a structured pathway for…
Conviction in a risk-off market is often the hallmark of long-term strength. Bitcoin’s [$BTC] current setup reflects that conviction. Technically, $BTC has posted three straight quarterly losses, with an average decline of around 20% each quarter. It’s the first three-quarter losing streak since the 2022 bear market, leaving more than 50% of Bitcoin’s circulating supply underwater and putting long-term holders (LTHs) firmly in focus. The logic is simple: LTHs now control 78% of Bitcoin’s circulating supply. In other words, a large share of the underwater supply is held by investors who have held $BTC for more than five months, covering…
Co-founder of 1inch, Anton Bukov, has left the project after six years and is starting a new venture. In a post on Thursday, Bukov said he was fired from the 1inch team in late November 2025, though he keeps his co-founder title and a 50% ownership stake. The DEX aggregator confirmed the exit on X, saying, “Anton Bukov is no longer contributing to the 1inch project and has not been actively involved in any associated organizations since December 2025.” We can confirm that Anton Bukov is no longer contributing to the 1inch project and has not been actively involved in…
A recent report from The New York Times, citing data from crypto analytics firm Nansen, reveals that nearly one million investors in U.S. President Donald Trump’s official meme coin, $TRUMP, have incurred significant financial losses. The total estimated losses amount to $3.81 billion, highlighting the extreme volatility and risks associated with politically themed cryptocurrencies. The Scale of the Financial Fallout According to Nansen’s data, out of the total buyers, 988,905—or roughly two out of every three—recorded losses. The cumulative losses for this group reached $3.81 billion. In stark contrast, the report notes that President Trump himself profited by approximately $636…
Network School founder Balaji Srinivasan is seeking a memorandum of understanding with Malaysia after authorities probed his Forest City tech community over allegations it was hosting Israeli citizens using second passports. Malaysia’s Home Affairs Ministry said Tuesday it was investigating Srinivasan’s start-up community in Johor following claims it included Israelis in violation of immigration laws. Initial checks found all 266 foreigners held valid documents. Srinivasan said the agreement would give Network School legal certainty to continue investing in Malaysia. Without it, he said, the community could take its capital to countries that are more welcoming. “I’d like to have a…
Base, a Coinbase-incubated Ethereum layer 2 (L2), has announced that it will ditch its initial social push. According to the founder, Jesse Pollak, the social vision was a ‘wrong’ bet, adding that they will focus on other trending segments like trading, payments, and AI agents. In my opinion, we made the right bet on builders, but obviously the wrong bet on social. Source: X Pollak noted that he was betting on builders and on-chain social experiences in the past two years. The latter failed to materialize as expected, including creator coins. In fact, Coinbase CEO Brian Armstrong recently acknowledged the…
Bitcoin prices climbed over the first several days of July, rising amid greater confidence in the digital asset. The cryptocurrency’s price increased from approximately $58,250.00 on July 1 to nearly $64,000 on Monday, July 6, according to Coinbase data from TradingView. Several analysts mentioned a lackluster U.S. jobs report, as well as the effect its data had on expectations for the Federal Reserve’s short-term policy moves, as playing a key role in these price movements. Many investors are hoping that the Federal Open Market Committee will be more aggressive in loosening monetary policy now that Kevin Warsh has become the…
On July 15, 2026, Cardano-based decentralized exchange (DEX) DeltaDeFi announced an immediate operational pause due to insufficient funding. Development and active maintenance will be suspended while the DeltaDeFi team explores options for the project’s future. The announcement marks an unexpected setback for the Hydra-powered decentralized exchange. DeltaDeFi Announces Operational Pause In an official update shared via X, DeltaDeFi, the first Hydra Layer 2-powered DEX on the Cardano blockchain, announced an indefinite operational pause due to insufficient operational runway. The DeltaDeFi team stated, “Due to the lack of operation runway, DeltaDeFi operation will be paused effectively, until further notice.” The project,…
The U.S. Senate’s version of the CLARITY Act has hit another roadblock. According to new report, the updated draft expected this week still does not have broad support from Senate Democrats. Therefore, negotiations remain active before lawmakers can schedule a floor vote. The disagreement comes even as the crypto industry continues pushing for the bill. It is widely viewed as one of the biggest efforts to establish clear rules for digital assets in the United States. Democrats Want More Safeguards At a Capitol Hill press conference, Senators Chris Murphy, Jeff Merkley, Chris Van Hollen, and Elizabeth Warren argued that passing…
Venezuela’s $USDT market is handling volumes that now rival one of the country’s largest sources of foreign currency. Ecoanalítica estimated that 1.389 billion $USDT changed hands on Binance’s peer-to-peer market between June 11 and July 13, equal to about 44 million $USDT per day. The research firm estimated that the volume represented about 75% of Venezuela’s monthly oil export value. However, a separate calculation using June crude exports and the average price of Merey crude places the ratio closer to 52%, showing that the comparison depends on the method and reference period used. Binance P2P becomes a major foreign-currency channel…