Author: NBTC

Bitcoin traded at $118,434 on July 19, 2025, with a total market capitalization of $2.35 trillion. Over the last 24 hours, it moved within an intraday range of $117,010 to $119,529, generating a trade volume of $42.72 billion. Bitcoin From a daily chart perspective, bitcoin exhibited a pronounced bullish structure as it advanced from below $100,000 to a peak near $123,236 before entering a mild consolidation phase. The presence of a high-volume bearish engulfing candle near the top suggests potential short-term exhaustion, indicating that some traders are engaging in profit-taking. Despite this, the pattern of higher highs and higher lows…

Snail Games (SNAL), a publicly-traded video game studio, said on Tuesday that it is mulling the development of its own U.S. dollar stablecoin. The company is evaluating the technical, legal, and financial hurdles to issuing a proprietary stablecoin, according to a press release. To support the effort, Snail retained George Cao, founder of the crypto exchange AscendEX, as an external consultant. The company has also engaged a crypto-focused law firm to help navigate compliance challenges. No firm timeline has been set, and the initiative remains exploratory. The stock jumped as much as 20% on the news before shedding some of…

Shiba Inu team’s marketing manager, known under the alias Lucie, has issued a tweet about the just-released AI SHIB whitepaper authored by the mysterious SHIB lead, Shytoshi Kusama. Lucie’s message contains bullish expectations from this document. However, no details of the whitepaper were shared with the community. The marketing lead believes this might mark the beginning of a new era for SHIB. Shytoshi’s AI SHIB whitepaper Lucie tweeted that she was going through Shytoshi’s AI paper with absolutely no rush, taking her time to study this important document thoroughly. She said that the idea of artificial intelligence has always been…

Federal prosecutors presented evidence suggesting Tornado Cash founder Roman Storm moved millions through Binance and coordinated with co-founders to send funds and buy offshore real estate. IRS-CI Special Agent Stephan George told the jury he traced over $533,000 in USDT from a Binance account allegedly controlled by Storm. He said the funds were moved on August 9, 2022, and distributed across three wallet addresses. Storm Allegedly Sent $2.6 Million Each to Co-Founders Prosecutors showed chat logs between Tornado Cash’s founding trio: Roman Storm, Roman Semenov, and Alexey Pertsev. In one message, Storm wrote: “I overloaded 8 million yesterday.” Another message…

Zama, an open-source cryptography company pioneering Fully Homomorphic Encryption (FHE), is teaming up with OpenZeppelin to use confidential smart contracts for production. The protocol by Zama makes sure that, like with ERC-20, balances and transfers are hidden by default, and it does this without losing the benefits of decentralization and composability while keeping sensitive information private. Zama is partnering with @OpenZeppelin to bring confidential smart contracts to production. Think ERC20, but your balances and transactions are confidential by default. pic.twitter.com/B6QCKhCmT9 — Zama (@zama_fhe) July 23, 2025 Why Confidentiality Is the Missing Piece Institutions will not go on-chain when all the…

According to the Telegraph, British Chancellor of the Exchequer Rachel Reeves plans to sell £5 billion worth of seized Bitcoin assets to close a massive gap in public finances. The Ministry of Internal Affairs, together with the police forces, has begun work to establish an official system to sell this large cryptocurrency stock. The total value of the cryptocurrencies seized by police is unknown, but in 2018 alone, 61,000 Bitcoins belonging to a China-based pyramid scheme were seized. At the time, the assets were worth around £270 million, but with Bitcoin reaching $123,000 (about £92,000) last week, they are now…

The recent price slide hasn’t deterred big-money players, as large transactions over the past 24 hours show whales adding to their positions. According to Lookonchain data, one fresh wallet, which has been in a three-day accumulation streak, received 25,213 ETH (ETH) (worth $94.67 million) from FalconX in the early hours of July 22, 20225. The transaction pushed its total holdings to 72,333 ETH, valued at roughly $267 million at current prices. Around the same time, another newly created wallet withdrew 5,309 ETH ($19.96 million) from Binance, boosting its holdings to 19,391 ETH, worth $72.38 million. Whales keep accumulating $ETH!Fresh wallet…

In its Beige Book report, compiled by the Boston Fed and released minutes ago, the Fed said the U.S. economy grew slightly from late May to early July. However, the overall economic outlook was assessed as neutral to slightly pessimistic. In the report, only two of the Fed’s 12 districts indicated that they expect an increase in economic activity in the coming period, while the remaining districts predicted that economic activity would either maintain current levels or weaken slightly. Price increases continued nationwide. Seven regions described price increases as moderate, while five reported a more modest pace of price growth.…

Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than 7% amid the developments. FTT joined today’s broad-based altcoin rallies with a significant surge. While the altcoin narrative boosted the alt’s sentiments, the latest announcement from Backpack exchange added to the bullish momentum. Backpack has launched a non-profit platform to help victims of the collapsed FTX exchange liquidate their bankruptcy claims. The announcement triggered excitement, especially for creditors who have been in limbo for over two years, wondering whether they…

The Senate yesterday unveiled a preliminary draft of its crypto market structure legislation—a companion bill to the House’s sweeping CLARITY Act passed last week with bipartisan support. And while there are differences, there is one common theme throughout: crypto startups may soon have a legal path toward raising money through ICOs like never before. The bill released earlier this week came from the Senate Banking Committee, and it deals primarily with securities and the SEC; the other half of the Senate’s crypto bill, pertaining to commodities and the CFTC, will be released by the Senate Agriculture Committee in the coming…