Author: NBTC

U.S. stocks slipped on Friday, with the Dow Jones Industrial Average opening 250 points lower following President Donald Trump’s 35% tariff against Canada. With stocks having reached new all-time highs in recent weeks, trading on July 11 was largely a reaction to fresh trade war concerns. As the Dow fell 250 points, the S&P 500 pared gains at -0.5%, and the Nasdaq Composite shed 0.3%.. However, Bitcoin (BTC) bucked the trend, rising by about 5% in 24 hours to hit a new all-time high above $118,000. The crypto bellwether’s performance ignited bullish moves across the altcoin market, with Ethereum (ETH)…

Finally, the expected happened and the first step was taken to make the US President Donald Trump-backed ‘World Liberty Financial (WLFI) transferable and listed. According to the official statement, Trump and his family’s cryptocurrency project ‘World Liberty Financial’ announced that an official proposal has been submitted to allow trading of WLFI tokens. WLFI shared the following statements on X: “Commemorating Independence Day, the WLFI ecosystem is reaching a historic milestone. The proposal to enable WLFI trading has been published on our administration page. “This proposal is presented to solicit input from the community and to formally launch the token. This…

French lawmakers have doubled down on their plans for Bitcoin mining by highlighting that the country could generate an annual revenue of up to $150 million from the industry. In a July 11 bill submitted to the French National Assembly, the lawmakers outlined a five-year pilot program allowing electricity producers to redirect excess power, often wasted during low grid demand, toward Bitcoin mining operations. According to the lawmakers, data from the Association for the Development of Digital Assets (ADAN) projects that dedicating just one gigawatt of surplus energy could generate between $100 million and $150 million each year. This revenue…

Bitcoin price started a fresh increase and traded to a new all-time high above the $111,500 zone. BTC is now consolidating and might aim for an increase toward $113,200 Bitcoin started a fresh upward move from the $108,000 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $110,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $112,000 resistance. Bitcoin Price Sets New ATH Bitcoin price started a fresh increase from…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has overtaken Johnson & Johnson, a leading global healthcare company, in terms of market value. The altcoin is now positioned as the 30th largest asset globally. This achievement comes after Ethereum’s latest rally, which has pushed its price to levels not seen since February. Ethereum Climbs to 30th Spot in Global Asset Ranking Amid Latest Rally BeInCrypto data showed that Ethereum has been undergoing a remarkable rally lately. Over the past week, its value has appreciated by 20.4%, pulling it above the $3,100 mark. At the time of writing, the altcoin traded…

Bloomberg claims cryptocurrency companies and projects linked to the Trump family may have received “behind-the-scenes” support from Binance, the world’s largest crypto exchange, months before its founder, Changpeng Zhao, known as “CZ,” publicly applied for a presidential pardon. According to a Bloomberg exclusive on Friday, the arrangement had not been previously disclosed. However, Binance allegedly wrote the foundational smart contract for USD1, a stablecoin issued by Trump-affiliated World Liberty Financial Inc. Three individuals familiar with the matter told Bloomberg that Binance was responsible for the initial code that enabled the issuance of USD1. The foundation allowed USD1 to be used…

Aiming to increase speed and efficiency in blockchain technologies and also the company behind the Sonic (S) altcoin, Sonic Research has introduced its new DAG (Directed Acyclic Graph)-based consensus protocol, SonicCS 2.0. According to the company’s official blog, SonicCS 2.0 stands out with its overlapping selection mechanisms that allow for parallel ordering of operations. Tests have shown that the new protocol runs on average 2 times faster than the previous version and reduces memory usage by 68%. SonicCS 2.0 is built on an innovative DAG architecture that can simultaneously sequence transactions across blocks. The protocol organizes the transaction data received…

Ethereum has climbed 5.9% on the day to $3,155, amid a 20.1% jump over the past seven days as the craze for publicly traded companies stockpiling ETH continues. The move has pushed Ethereum’s price to its highest level since the start of February, according to CoinGecko, resulting in $85.4 million worth of shorts being liquidated over the past 24 hours, per CoinGlass. SharpLink Gaming acquired $225 million worth of Ethereum earlier this month, the company announced via a press release on Tuesday. The Minnesota company pivoted from online gambling marketing to stockpiling Ethereum in May, following a $425 million raise,…

RWAs are seeing rapid growth as Blocksquare reported $200 million in tokenized real estate assets. Real-world assets are becoming a significant force in real estate. On Friday, July 11, Blocksquare, an infrastructure provider for real estate tokenization, announced it had surpassed $200 million in tokenized assets on chain. The milestone comes as tokenized RWAs have seen an 800% increase in total value locked in 2025. Across all applications, RWAs TVL is now higher than $65 billion. Blocksquare’s own tokenized assets in real estate are now used across 29 countries and 66 properties. “This $200M milestone is more than a number…

XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows. Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain. Notably, the XRP Ledger is the 10th-largest blockchain by total tokenized RWA value, but it displays the third-smallest number of projects, with six initiatives. However, this number is set to rise following a recent partnership between Ripple and Brazilian crypto platform Mercado Bitcoin, which aims to tokenize $200 million using the…