Author: NBTC

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin’s (BTC) consolidation continues to take the wind out of the bull run in the broader market that had raised hopes for the so-called alt season marked by prolonged outperformance of alternative cryptocurrencies. Over the past 24 hours, major altcoins have experienced a significant decline, led by a double-digit drop in the payments-focused XRP and an 8% slide in SOL. The CoinDesk 80 Index, which tracks the performance of altcoins, has dropped over 7% while the CoinDesk 20 Index, which is dominated by bitcoin and ether, has declined by 4%. “The…

The Indian cryptocurrency policy is currently in “regulatory limbo” and to remedy this, the country needs to implement a “rights-first” framework that gives residents “constitutional-level” rights to self-custody assets. India’s Crypto Regulatory Impasse India’s crypto policy remains in “regulatory limbo,” with policymakers largely relying on existing statutes since the Supreme Court lifted a central bank-imposed banking ban in 2020. According to Arvind Alexander, a senior legal counsel at the Web3 venture capital firm Hashed Emergent, this situation unfortunately “creates confusion” and inhibits the goal to make India a global crypto leader.” To remedy this, India needs to enact a rights-first…

Bithumb, one of South Korea’s leading cryptocurrency exchanges, announced that it will list Chainbase Token (C) at Korean won (KRW) trading parity. Bithumb Lists Chainbase Token (C) on Korean Won (KRW) Market The trading start date for the new trading pair is set as 17:00 on Tuesday, July 29, 2025. Transaction Details: Trading Pair: KRW Supported Network: BASE network (Investments from other networks will not be supported) Deposit/Withdrawal Opening Time: Within 3–4 hours from the announcement Transaction Start Time: 29.07.2025 – 17:00 Starting Price: 526 KRW Deposit Confirmation Count: 200 blocks What is Chainbase Token (C)? Chainbase Token is designed…

Orochi Network, a prominent Verifiable Data Layer for RWAs and AI, has announced its latest partnership with Lisk, a purpose-built layer-2 platform for developers in high-growth markets. The collaboration aims to bolster Web3 innovation by using the Optimistic rollups of Ethereum. As per the social media announcement, this development combines the Orocle and Orand services of Orochi Network with the chain abstraction technology of Lisk. In this respect, this development focuses on driving Web3 interoperability, innovation, and security. 🐲 Orochi x @LiskHQ We’re now official strategic partners!This collaboration merges Orochi’s Orand and Orocle services with Lisk’s chain abstraction, driving Web3’s…

Leading cryptocurrency Bitcoin (BTC) started the new week with a new record high. The price of BTC surpassed $120,000 for the first time in its history. According to Binance data, BTC continued to break records during the day yesterday and broke a new record by surpassing $123,000. However, this upward momentum was short-lived. After reaching a record high of $123,000, Bitcoin’s price began to decline, falling to $117,000. This decline was also reflected in altcoins. Ethereum (ETH) fell below $3,000 again, dropping to $2,950. XRP fell 2.4% in the last 24 hours, Solana (SOL) fell 4.4%, and Dogecoin (DOGE) fell…

AI giant SenseTime has announced a major capital raise of approximately HK$2.5 billion ($320 million). Through a placement of 1.667 billion new Class B shares. Infini Capital, a long-term investor, agreed to back the subscription after trading hours on Wednesday. The company confirmed that 20% of the net proceeds, around HK$500 million. They will allocate the funds to blockchain, stablecoins, RWAs, and embodied intelligent robotics. SenseTime will also seek strategic partnerships to develop related businesses and obtain necessary regulatory qualifications. AI Meets Blockchain This move marks a significant pivot in SenseTime’s strategy. Previously, its primary focus has remained on computer…

The GENIUS Act is poised to change the stablecoin landscape by steering issuers away from yield-based models and toward payment-focused use cases, according to Sygnum chief investment officer Fabian Dori. “The GENIUS Act was recently amended to create a clear separation between interest/yield-bearing stablecoins and those used for payments,” Dori told Cointelegraph. He said this brings the US framework closer to the EU’s Markets in Crypto-Assets (MiCA) regulation, laying the foundation for “global consensus.” Dori added that the real impact of the GENIUS Act goes beyond regulation. “By providing long-sought-after clarity, it gives confidence to organizations and issuers to develop…

Sumit Gupta, the CEO of Indian cryptocurrency exchange CoinDCX, has publicly rejected claims that the platform is in talks to be acquired by the U.S.-based exchange Coinbase. The denial follows growing speculation that Coinbase was seeking to purchase CoinDCX at a discount, rumors that emerged after a recent $44 million hack impacted CoinDCX’s operations. Sumit Gupta: “CoinDCX is not for sale” In a statement posted on the social media platform X, Gupta directly addressed the reports, stating that CoinDCX is not for sale and remains committed to its mission in India. Related: CoinDCX CEO Vows a “Stronger” Comeback and Launches…

AGI Open Network (AON), a popular platform for AI Agent development, has collaborated with Fireverse, a prominent AI music forum accounting for a massive 16M consumers and over $3 million in overall creator earnings. The partnership focuses on empowering builders, musicians, and creators by merging Fireverse’s cutting-edge music creation tools with advanced infrastructure of AGI Open Network for tokenization and reliable model hosting. 🥳 We’re excited to announce our strategic partnership with @FireverseVFireverse: A top AI music platform with 16M+ users & $3M+ in creator earnings.🤝 Partnership Highlights:🔹No-code tools for custom AI music agents.🔹AON enables trusted model hosting via TEE.🔹Tokenize……

A consortium of Bitcoin-native investors is set to acquire SGA Co., Ltd., a KOSDAQ-listed software provider based in Seoul, according to a July 14 statement shared with CryptoSlate. The investor group includes Sora Ventures, AsiaStrategy, Metaplanet CEO Simon Gerovich, and KCGI, a prominent Korean private equity firm specializing in governance-led growth. This collective also played a prominent role in Metaplanet Inc., the Tokyo-listed company known for converting its corporate treasury to Bitcoin. SGA Co., which delivers system integration solutions to educational institutions and public agencies, confirmed that its board has approved a third-party share issuance to the consortium. According to…