Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

SEC Chairman Paul Atkins Discusses Ripple (XRP) Case Closure: "Now What?"

The Ripple (XRP)-SEC case, one of the biggest cases in cryptocurrency history, is officially over. At this point, the SEC officially ended its case against Ripple last week. While this was received positively in the market, SEC member Hester Peirce, known for her moderate approach to cryptocurrencies, shared a post about the closure of the case. Peirce, who described the end of the case as a welcome development, stated that with the closure of Ripple and other cases, minds that were once preoccupied with lawsuits can now focus on creating a clear regulatory framework for cryptocurrencies. SEC Chairman Paul Atkins,…

LegalAug 16

$76B Fiat Flood into Crypto Sends Strong Market Signal

The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation. USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market. Billions in Fiat Pour Tether’s USDT saw its market cap climb from $120 billion before the US election in November 2024, when Donald Trump secured a victory, to the current $165 billion, according to data shared by Matrixport. During the same period, Circle’s USDC leaped from $34 billion to $65 billion. This $76 billion influx of fiat into crypto through…

RegulationAug 16

Ripple CTO Reacts to SEC's Post-Lawsuit Statements

David Schwartz, chief technology officer at Ripple, has taken to the X social media to react to the post-lawsuit statements posted by SEC officials with a quote from a British comedy sketch. This comes after the long-lasting legal battle was officially "laid to rest" last week. "A simply super day" The Ripple exec posted a GIF from Sam Peckinpah's "Salad Days," which is a sketch that appears in one of the episodes of "Monty Python's Flying Circus," a British surreal sketch comedy that first premiered in 1969. https://t.co/3sDg32TWMJ pic.twitter.com/k9FcRC9tlm — David 'JoelKatz' Schwartz (@JoelKatz) August 12, 2025 In the episode,…

LegalAug 16

Upbit Announces Temporary Deposit and Withdrawal Suspension

Attention cryptocurrency users! South Korean crypto exchange Upbit has issued an important announcement concerning NEAR Protocol (NEAR) that could affect your transactions. Staying informed about such updates is crucial for managing your digital assets effectively. Upbit recently confirmed on its official website that it will temporarily suspend NEAR deposits and withdrawals. This measure is a standard procedure to ensure a seamless transition during an upcoming blockchain event. What Does the Upbit Suspension Mean for NEAR Users? The Upbit suspension for NEAR Protocol is scheduled for August 18, at 03:00 UTC. This means that from this specific time, you will not…

ExchangesAug 16

Tether Vs. The Market – Tether CEO Shares Key Metric Setting USDT Apart from Rival Stablecoins

Tether’s co-founder and CEO, Paolo Ardoino, started a hot and fresh discussion on the fundamental applications of stablecoins. He drew the audience’s attention towards a sharp contrast between Tether (USDT) and its competitors. On his official X (formerly Twitter) account, Ardoino shared an interesting statistic that 63% of all the transactions involving USDT are only traded in USDT. On the other hand, 78% of stablecoin trades that do not involve USDT also involve multiple crypto assets. This statistic seems like a simple data point, but for Tether, it’s a point of strength to leverage its narrative as the primary digital…

RegulationAug 15

Unlocking Pivotal Partnerships with Shinhan Bank and Kakao Pay

Circle, a major force in the digital currency space and the issuer of the USDC stablecoin, is making significant moves in Circle South Korea. The company aims to deepen its relationships with prominent financial institutions and tech firms, signaling a pivotal moment for digital currency integration in the region. This strategic push highlights Circle’s commitment to global expansion and the broader adoption of regulated stablecoins. It is an exciting development for anyone interested in the future of finance and blockchain technology. Why is Circle Focusing on Circle South Korea? South Korea represents a vibrant and technologically advanced market with a…

ExchangesAug 15

How Will Executive Order Targeting Debanking Practices Affect Crypto?

On Thursday, President Donald Trump signed a sweeping executive order that ordered federal banking regulators to investigate and punish financial institutions that deny services to individuals or businesses based on their political or religious beliefs. According to a report by The New York Times, the order, which represents one of the strongest executive moves of Trump’s second term, follows developing claims from conservative groups and industries such as cryptocurrency that they have been victims of unfair debanking practices. Confirmed by a White House release, the executive action directs that agencies, including the Federal Reserve, the Office of the Comptroller of…

LegalAug 15

Over $60 Million XRP Leave Biggest Korean Exchange in One Large Transfer

A $61.3 million transfer of XRP just left Upbit, South Korea’s largest crypto exchange. For a moment, it had the entire community talking. Blockchain trackers flagged the move of 19 million XRP as heading to an "unknown wallet," sparking the usual round of speculation. Further investigation revealed that the funds never actually left Upbit’s orbit but were instead shuffled between the exchange’s own subwallets. For a platform handling over $4.57 billion in daily spot volume, these kinds of internal transfers are not uncommon, but the size and timing of this one stood out. XRP is one of Upbit’s busiest markets,…

ExchangesAug 15

Ballooning Deficit Creates Bullish Backdrop for Gold, Bitcoin — Kobeissi

In July, U.S. tariff revenue soared over 300% to a record $29.6 billion, bringing the total raised since March to over $100 billion. Record Tariff Revenue vs. Widening Deficit In a stunning fiscal surge, U.S. tariff revenue skyrocketed by over 300% in July alone, reaching an unprecedented $29.6 billion in a single month. The record-breaking figure lends strong support to President Donald Trump’s long-held claim that imposing tariffs on imports can serve as a powerful revenue-generating tool for the federal government. With this latest windfall, total tariff income since March has now exceeded $100 billion, marking a significant milestone in…

RegulationAug 15

Who is Patrick Witt, President Trump's Next Senior Adviser on Crypto?

President Donald Trump's crypto adviser, Bo Hines, exited after only months on the job, and the next in line — his deputy, Patrick Witt — will apparently be shepherding the industry's political priorities in Washington as it still seeks industry-wide regulations and the institution of a federal crypto stockpile. Witt shares a remarkably similar history with Hines – both ex-football stars who played at Yale before seeking law degrees and falling short in bids for Congress. Witt had a brief stint as a free-agent quarterback for the New Orleans Saints after leading the Yale Bulldogs team that Hines later played…

LegalAug 15