Author: NBTC

Revolut temporarily shut down all cryptocurrency services in Hungary after the Hungarian government criminalized crypto transactions . Revolut releases official response for users addressing new updates regarding MiCA license. British fintech giant Revolut has temporarily suspended all cryptocurrency services in Hungary after the Hungarian government declared crypto transactions illegal. The suspension, announced on July 7, has halted all crypto trading and related services for users in the country. Following the freeze of crypto accounts and investments, Hungarian Revolut users were unable to conduct any cryptocurrency transactions. The abrupt move led to a surge in customer inquiries. On July 9, Revolut…

An expert on X says holding Bitcoin often leads to wealth, but the process feels frustrating for investors most of the time. Bitcoin experienced a volatile past week, briefly climbing past $111,800 on May 23 before undergoing a pullback to around $107,000 the following day. Despite this short-term correction, the crypto closed the week at nearly $110,000, with a current trading value of $109,770. While the price movement remains in focus, analysts continue to emphasize Bitcoin’s broader growth trend and its evolving role in the financial landscape. Long-Term Trends Show Resilience Amid Volatility Thomas Fahrer, co-founder of Apollo, said that…

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the ongoing crisis in Bolivia is configured to stimulate the growth of crypto adoption, even from the government side. Latam Insights Encore: Bolivia Is Set to Become a Crypto Power as Its Economy Worsens Bolivia has become a case study for cryptocurrency adoption in Latam, given the current adverse economic situation that its citizens face. Bolivians are now dealing with an adverse turn of events that involves irresponsible management of their currency markets, which is…

FTX is moving forward with customer repayments and legal settlements following its collapse in 2022, even as its native token, FTT, continues to struggle in the market. With legal battles unresolved and trust eroded, the future of the FTX brand and the FTT token remain uncertain. Legal Actions Continue A month ago, former NBA star Shaquille O’Neal agreed to a $1.8 million settlement with FTX investors, according to documents filed in the U.S. District Court for the Southern District of Florida. The lawsuit, originally filed in May 2023, accused O’Neal of endorsing the now-defunct exchange in a 2022 television advertisement…

From boardrooms to balance sheets, Bitcoin is no longer just a bet—it’s becoming a part of corporate financial strategy. A small but growing number of companies are allocating portions of their treasuries to the number one cryptocurrency by market capitalization, aiming not only to protect assets and diversify beyond traditional finance but also to signal a forward-thinking stance. What are corporate treasuries, anyway? A corporate treasury refers to a company’s financial assets, including cash, stocks, and investments. To preserve capital and maintain liquidity, a company traditionally places surplus cash in instruments such as government bonds or money market accounts, which…

The dollar just clocked its worst first-half slump since 1973, crashing more than 10% in the first six months of 2025. The damage? Pinned on President Donald Trump’s return to chaotic trade policies, reckless fiscal choices, and direct pressure on the Federal Reserve. According to the Financial Times, investors around the world are dumping the dollar, questioning whether it still deserves the role of safe haven in a global economy full of better options. The ICE dollar index, which tracks the greenback against six major currencies, including the euro and yen, has plummeted harder than in any other first half…

Joanna Zeng, co-founder and CEO of cryptocurrency project SOON, made statements regarding the SOON price fluctuations in recent days. Zeng stated that according to initial findings, the sudden price movements could be an organized market manipulation attempt targeting not only SOON but also many crypto assets. He argued that this manipulation was aimed at creating panic among investors and profiting from it. Chart showing the rise in SOON price. Joanna Zeng said the following against this attack: “The SOON team did not sell any SOON tokens and did not gain any profit from this price fluctuation. This is not the…

Alchemy Pay, the leading payment gateway for fiat and crypto, has announced an exclusive partnership with Yala, a popular liquidity protocol devoted to Bitcoin ($BTC). The partnership is set to back the release of Yala Yeti Card, which enables consumers to seamlessly utilize $YU yield across numerous merchants across the globe. The platform revealed this development in a recent X post. Thrilled to partner with @YalaOrg 🔥$YU is now available on our fiat-crypto on & off-ramp AND soon spendable IRL with the upcoming Yala Yeti Card powered by #AlchemyPay.Pay with your yield, not your coins. Welcome to Bitcoin-native finance for…

Anticipating growing demand for computing power to meet the needs of digitalization and artificial intelligence, Russia is now going to ban cryptocurrency mining in data centers. Provisions prohibiting the mining of digital coins at such facilities have been added to a bill, drafted on President Putin’s order, which aims to expand Russia’s capabilities to process big data and generate AI. Russian government to ban crypto miners from data centers Authorities in Russia plan to ban the mining of cryptocurrencies in data processing centers (DPCs). The main motive behind the move is to prevent Bitcoin miners from claiming the benefits intended…

According to Johnny Garcia, Managing Director of Institutional Growth and Capital Markets at the VeChain Foundation, Texas will likely become the next state to establish a strategic Bitcoin reserve after New Hampshire. In an exclusive interview with BeInCrypto, Garcia explained that states with pro-innovation leadership are more inclined to follow New Hampshire’s example. Meanwhile, others may adopt a more cautious, wait-and-see approach. Why States Like Texas Are More Likely to Follow New Hampshire’s Bitcoin Reserve Lead The VeChain executive described New Hampshire’s passage of House Bill 302 as a ‘landmark moment’ for digital assets. He stated that the development highlights…