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.

Dave Portnoy says ‘just shut up and buy Bitcoin’ as he reveals $5 million bet

Barstool Sports founder Dave Portnoy has offered a reflection on his investing approach, admitting that, for all the debate and analysis, simply buying Bitcoin (BTC) might have been the smarter move all along. Portnoy shared that he talks with his financial advisor daily about stocks, only to confess they may have been overthinking it. All the back-and-forth, he suggested, might have distracted them from the obvious Bitcoin play, he said in an X post on July 14. His remarks hinted at a sense of frustration with traditional investing strategies that can leave investors second-guessing while the crypto market surges ahead.…

BitcoinJul 31

SparkDEX Set to Ignite DeFi with $SPRK Token Launch on Flare Mainnet

If you haven’t heard of SparkDEX yet, today’s the day to pay attention. On July 29, 2025, the team behind this Flare-native DEX will drop their very own token, $SPRK, and after watching what’s happened in the past couple of months, you’d better believe people are buzzing. Back in early May, SparkDEX did something smart: they hooked up with USDT0, Tether’s new multi-chain liquidity standard. Within weeks, TVL shot up by 650%, vaulting from about $12 million to over $90 million, and it’s stayed there. Trading volume exploded too. What took eight months to reach $1 billion suddenly tripled to…

DeFiJul 31

Donald Trump Meets with Fed Chairman Jerome Powell – Making Statements

United States President Donald Trump made a statement to the press during his visit to the FED headquarters together with FED Chairman Jerome Powell. Responding to a question about whether he would retract his previous criticisms, Trump stated that he hoped Powell would lower interest rates and said that the board's decision should be taken into consideration when making interest rate decisions. Trump also took aim at the spending plans for the Fed building renovation, saying, “Generally, if a project manager goes over budget, I fire them.” Sharing budget data for the Fed building renovation, Trump claimed the renovation cost…

MarketsJul 31

IOTA Foundation Calls for Smarter UK Crypto Rules

Joint Response with INATBA and Cardano Foundation TL;DR: IOTA Foundation, INATBA, and Cardano Foundation urge the UK’s FCA to rethink one-size-fits-all crypto regulation. They call for clear distinctions between custodial vs. non-custodial services, smart oversight for DeFi, and a proportionate compliance model. Misguided rules risk pushing innovation offshore. Instead, the UK should lead with regulation that protects users without killing permissionless innovation. We’re living through the greatest financial transformation in human history. Open protocols are replacing closed systems. Permissionless networks are challenging gatekeeping institutions. And the UK stands at a crossroads: will it lead this revolution or regulate it out…

RegulationJul 31

Coinbase's XRP Holdings Shrink 40% in Sudden Wallet Rotation

An intriguing shift is taking place beneath the surface of XRP’s on-chain footprint, and this time it is tied to one of the largest U.S. crypto exchanges. Coinbase, which was previously holding an estimated 970 million XRP across 52 cold wallets, no longer has that same stockpile, according to XRPWallets. As of this week, only 35 of those addresses remain funded, marking a surprising 40% drop in just weeks. Back in June, 10 of Coinbase’s wallets contained 26.8 million XRP each, while 42 others held 16.8 million each. 35 Cold Wallets Remaining 16.8M xrp each — XRP_Liquidity (Larsen/Britto/Escrow/ODL/RLUSD) (@XRPwallets) July…

ExchangesJul 31

Polytrade Expands Tokenized RWA Offerings to BNB Chain, Building Cross-Chain Capabilities

Polytrade, a decentralized protocol that connects traditional businesses with DeFi, has announced its alliance with the BNB Chain blockchain network to function as a major provider of tokenized RWAs within the BNB ecosystem. Polytrade is a DeFi platform that connects traditional businesses with blockchain technology. It is an upcoming RWA marketplace hosting multiple public chain RWAs; an avenue where people access, transact, and use various RWA assets based on their needs. We are thrilled to announce that Polytrade has arrived at @BNBCHAIN. With lightning fast transactions, low fees & massive liquidity, it’s the perfect highway for scaling RWAs, with access…

DeFiJul 31

The GENIUS Act, Reading Between The Lines

All of the crypto-sphere is atwitter with the implications of the final passage of the “Guiding and Establishing National Innovation for U.S. Stablecoins Act’’ or the ‘‘GENIUS Act’’. I went through the text of the act that was signed into law last week. Contrary to what the boosters of the bill believe, the implications for related digital assets and the economy are very mixed at best. As the first legislation to directly address one form of crypto-assets, the act is seminal. Of course, my own compatriots at the various blockchain companies and organizations are ecstatic over the act. It is…

MarketsJul 31

Do Kwon and US gov’t ask to delay legal filings for a third time

Do Kwon’s legal proceedings may be delayed again as both the US government and Kwon’s legal team asked yesterday for a third extension to submit pre-trial motions. Both parties have already delayed this pre-trial motion submission date twice and have now asked Judge Engelmayer to grant another two-week extension two days before the current deadline is due. Yesterday’s request echoes Kwon’s previous explanations, reading, “Though Mr. Kwon is prepared to file motions by July 29, the parties continue to engage in productive discussions around pretrial motions and related issues.” Read more: Do Kwon court date postponed again, ‘productive’ talks continue…

RegulationJul 31

Coinbase Adds Samsung Pay for Seamless Crypto Purchases

Coinbase has rolled out Samsung Pay as a new payment option, making it simpler for clients in the U.S. and Canada to buy crypto straight from their phones. Coinbase Integrates Samsung Pay This update lets users fund their accounts directly through the Coinbase app using Samsung Pay, without needing to switch apps or re-enter payment information. The feature has already started reaching some users across North America, with full availability expected in the coming weeks, according to a press release today. With this partnership with Samsung, Coinbase combines its secure platform with the convenience of one of the world’s leading…

ExchangesJul 31

Bitcoin Rally Stalls as Long-Term Holders Cash Out

Bitcoin retreated from Monday's record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in profit over the past 24 hours, with the majority going to long-term holders — defined as those who bought more than 155 days ago, who accounted for 56% of the total. The largest cryptocurrency's rapid rally from $108,000 to $123,000 left a notable supply gap because the swift price action meant little…

BitcoinJul 31