Author: NBTC

The possibility of US President Donald Trump dismissing Fed Chair Jerome Powell has been raised again. National Economic Council Director Kevin Hassett said today that Trump may fire Powell due to cost overruns on the Fed’s headquarters renovation project. It’s well known that the Trump administration has been pressuring Powell to cut interest rates for a long time. This pressure has fueled concerns about the Fed’s independence, and the mere possibility of Powell’s dismissal has previously significantly shaken markets. Indeed, earlier this year, even such a rumor triggered a rise in interest rates and a sell-off in the markets. Although…

File Vault enables secure, encrypted file storage directly inside smart wallets using Filecoin and Lighthouse infrastructure. Magmar Infra integrates Filecoin and Lighthouse to offer censorship-resistant, permanent Web3 file storage for real-world applications. When it comes to storing files in the Web3 world, many may still be stuck in the old pattern: upload them to the cloud, then hope they remain secure. But now, Magmar Infra is trying to reverse that perspective. Through the integration between their smart wallet and Filecoin—via Lighthouse—they are launching a new feature called File Vault. Its function is quite simple, to store files directly in your…

A surprise listing came from Coinbase, the largest cryptocurrency exchange in the United States. At this point, Coinbase announced that it will list the long-awaited altcoin PUMP. Accordingly, Coinbase announced that it will list PUMP, the token of Solana-based memecoin launch platform Pump.fun. Coinbase announced that PUMP will be listed with an experimental tag and warned users not to send PUMP over other networks. “Coinbase will add support for http://Pump.fun (PUMP) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Subject to liquidity conditions being met, trading will commence…

The launch of Boundless’ incentivized testnet marks crypto’s first real stress test for production-ready zero-knowledge infrastructure. With the Ethereum Foundation and EigenLayer as early adopters, the scramble to operationalize ZK proofs across chains has officially begun. According to a press release shared with crypto.news on July 15, Boundless Network has deployed its Mainnet Beta on Coinbase’s Base blockchain, introducing what it calls the first “universal” zero-knowledge protocol. Backed by RISC Zero’s zkVM, the incentivized testnet has already drawn participation from major players including the Ethereum Foundation, Wormhole, and EigenLayer—an unusual show of early confidence for a project still in beta.…

Bitcoin (BTC) broke new records after four difficult months, rising above $111,000 according to Binance TR data. While the general expectation in the market is for the rise in Bitcoin to continue, Singapore-based cryptocurrency company QCP Capital evaluated the latest situation in Bitcoin. Accordingly, analysts stated that the upward trend in Bitcoin is solid, and that the brief pullback after ATH was due to profit taking, but the upward demand quickly resumed. Noting that the recent BTC rally reflects a solid trend supported by improved structural fundamentals and relatively low volatility, analysts said, “this rally feels more structurally sound than…

Metaplanet CEO Simon Gerovich is helping to advance a Bitcoin treasury strategy campaign in Asia through a newly approved acquisition of a South Korean public firm, following a similar move in Thailand earlier this month. South Korea’s SGA Co., a systems integrator serving government and education clients, has received regulatory approval to issue more than 58 million new shares to a group led by Sora Ventures and KCGI, and including Gerovich in an individual capacity. The issuance, approved by the Korean Financial Services Commission and Korea Exchange on Monday, will make Asia Strategy Partners LLC, an investment vehicle backed by Sora…

VeChain launches staking plan with early access rewards, minimum entry at 10,000 VET. Redeno tool lets users simulate staking outcomes, tweak holdings, and preview possible APY returns. VeChain began its $15 million StarGate staking program on July 1, opening new earning possibilities for holders of its native token, VET. The update allows users to access increased rewards through direct protocol-level staking on the VeChainThor blockchain. With the minimum entry set at 10,000 VET, a broader segment of holders is now eligible to participate. The VeChain Foundation allocated 5.48 billion VTHO tokens, equal to about $15 million, to fund bonus rewards…

Crypto exchange Gemini is introducing 14 tokenized stocks to its European Union investors. On Monday, on its “List-a-Thon” livestream, the platform announced it will be adding stocks of major US companies like Nike (NKE), McDonald’s (MCD), Starbucks (SBUX), Coca-Cola (KO), Uber, and Yum! Brands (YUM). The platform now offers 37 equities to EU users following its earlier launches of tokenized stocks in late June and July 3. Gemini boosts EU market access with 21 new tokenized stocks across top sectors Gemini’s official blog highlights the latest stock additions as a major step forward in expanding its offerings for European users.…

California Governor Gavin Newsom has launched a new initiative called the “California Breakthrough Project” to increase efficiency in public services and strengthen public-private partnerships. According to FOX Business reporter Eleanor Terrett, senior executives of leading cryptocurrency companies such as Ripple, Coinbase and MoonPay were also invited to the project. The project’s working group held its first meeting at Ripple’s San Francisco headquarters on June 6. Also attending the meeting were executives from technology companies such as Instacart, Snapchat, and Anduril Technologies, as well as well-known angel investor Ron Conway. The main objectives of the Breakthrough Project are as follows: Encouraging…

Bitcoin’s price is coasting along at $107,793 to $108,316 per unit over the last hour, marking a 1% decrease from the previous trading session. With a market capitalization of $2.19 trillion and a 24-hour trading volume of $38.79 billion, the cryptocurrency saw a wide intraday price movement between $107,367 and $112,000. Bitcoin Bitcoin’s daily chart presents a cautiously optimistic macro perspective despite today’s decline. The price reached a recent high of $112,000, signaling a strong bullish trend, although the emergence of a bearish engulfing candlestick pattern suggests potential for short-term exhaustion. Volume surged during the ascent to $112,000 but has…