Author: NBTC

According to a Friday report by Reuters, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), a Shanghai regulator, recently held a meeting with dozens of government officials in order to consider “strategic responses” to digital assets, including stablecoins. The report underscored the significance of such a “major” development, given that both crypto trading and mining are officially banned in China. The officials are reportedly open to showing “greater sensitivity” to bleeding-edge technology, which marks a significant change in tone. Shanghai, the country’s main financial hub with a nominal gross domestic product of $729 billion, could potentially…

Tokenstore’s integration with MyTonWallet Pay cuts out extra steps, letting users pay in TON or USDT directly at checkout, without conversions or delays. It’s the closest thing to digital cash the ecosystem has seen. According to a press release shared with crypto.news on July 9, MyTonWallet and Tokenstore have launched the first live integration of MyTonWallet Pay, enabling instant Toncoin (TON) and Tether (USDT) payments at checkout. The move eliminates the need for manual swaps or third-party gateways, effectively turning the self-custodial wallet into a seamless payment tool. For Tokenstore, a marketplace specializing in digital vouchers and gaming credits, the…

Akave, a decentralized storage network, has launched Akave Cloud, the first decentralized data layer built on a dedicated Avalanche Layer-1 blockchain. Designed for decentralized AI, DePIN, and compliance-focused SaaS applications, Akave Cloud provides encrypted, programmable, and verifiable storage for modern data infrastructure. The platform uses smart contracts to manage all storage operations, including uploads, reads, and permissions. Each interaction is recorded on-chain, creating tamper-proof audit trails and ensuring data sovereignty without sacrificing performance. Akave Cloud is already being used by organizations such as Intuizi, The Defiant, and Heurist.ai. It is also the first decentralized storage system to integrate with Snowflake,…

Bitcoin price has experienced a strong rally over the past 16 years, outperforming the stock market and becoming the fifth-largest asset globally, behind gold, Microsoft, NVIDIA, and Apple, with a valuation of $2.1 trillion. Bitcoin (BTC) has surged over 1,000% in the last five years, while the Dow Jones has climbed 70% and the tech-heavy Nasdaq 100 index has rallied 122% in the same period. Strategy stock, on the other hand, has outperformed all these assets after transforming its business model from a purely software company to a Bitcoin holding firm. Its stock has soared nearly 3,000%, growing its market…

Ric Edelman, an influential financial advisor, is telling professionals to allocate up to 40% of clients’ portfolios to digital assets, lauding crypto as a must-have for investors in the modern age. Digital assets should be among the go-to assets in an investor’s portfolio, alongside stocks and bonds, he said on CNBC’s Crypto World, reiterating his comments from earlier this month at a Texas conference for wealth management professionals.  At one point, Edelman, who co-founded Edelman Financial Engines, a $293 billion asset manager, advocated for a “low single digits” allocations to crypto, but he’s been swayed recently by “dramatically improved regulatory…

New data released today by market analyst Phoenix Group listed top 10 cryptocurrencies that are in accumulation phase, indicating significant user interest in the tokens and their investment potentials. This period is a market phase where investors are purchasing select tokens, suggesting upcoming price increases associated with the highlighted assets. MOST RECENT ASSETS IN THE ACCUMULATION PHASE $HFT $PENGU $LEVER $MOVE $VELO $HSK $SEI $GNS $AB $T pic.twitter.com/Pm2PHxYiJ6 — PHOENIX – Crypto News & Analytics (@pnxgrp) July 8, 2025 Top 10 Assets Facing Aggressive Accumulation Hashflow (HFT) Hashflow (HFT) is at the forefront of the list, according to the data.…

As many states push for crypto adoption, Connecticut and Arizona have enacted a new law that prohibits the use of cryptocurrency within their state government operations. Governor Ned Lamont of Connecticut signed House Bill 7082 into law on July 1, marking a clear policy shift. The legislation passed with broad support in both chambers, bars the state from accepting digital assets for payment or holding them in any form of reserve. The new restrictions go into effect on October 1. The law prevents Connecticut from creating a cryptocurrency reserve and also forbids it from making any investments in virtual currencies.…

Anthony Pompliano, a podcaster and the founder of Bitcoin treasury company ProCap BTC LLC, has published an extract from a recent interview with the former Binance CEO, Changpeng Zhao (CZ). That extract contains an unexpected fact that Pompliano called “insane.” Stunning fact about CZ from his past year in prison CZ revealed that when he was put into a federal prison in May 2024, all prisoners were sorted based on their ethnicity. Therefore, Asians were put together with Pacific Islanders and Native Americans. The intent seemed to be to prevent fights in prison. Changpeng Zhao said that his very first…

Two weeks prior, North Korea’s cybercriminal network Lazarus Group maintained a stash of 7,813 BTC—then worth $856 million. Since that point, the group has liquidated approximately 1,938 BTC, shedding more than $212 million in value. As a result of this reduction, El Salvador now outranks Pyongyang, claiming the title of the fourth-largest sovereign bitcoin holder. Lazarus Group’s Bitcoin Exodus Hands El Salvador the Global No. 4 Slot At the time of writing, North Korea’s Lazarus Group holds 5,875 BTC, now valued at $645 million, following the divestment of 1,938 BTC since May 12. This shift moves North Korea into fifth…

US President Donald Trump continues to pressure Fed Chairman Jerome Powell to cut interest rates. Trump slammed Powell in a handwritten note shared on the Truth Social platform on Monday, saying interest rates should be lowered “significantly.” Trump tweeted, “Powell and the Fed Board should be ashamed. They have one of the easiest yet most prestigious jobs in America and they have failed, and continue to fail.” The image added to the post included a message Trump wrote with a Sharpie pen on a table showing central bank interest rates in different countries: “Jerome – As usual, you are too…