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.

Ex-SEC Lawyer Says XRP Lawsuit Will Be Long Over Before 2026

The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has once again stirred debate, with many in the crypto community frustrated about how long it’s taking to wrap up. Even though experts believed the case was close to ending, recent online chatter shows that there’s still confusion, disagreement, and delays ahead. On social media platform X (formerly Twitter), users began venting their frustration. One user sharply criticized Judge Analisa Torres, who is overseeing the case, saying she continues to delay the final steps. But legal experts say it’s not that simple. Former SEC Lawyer…

RegulationJul 28

Bulgaria’s Bitcoin Sale Highlights Potential Benefits and Risks of Government Crypto Reserves

Bulgaria’s 2018 sale of over 213,500 Bitcoin, now worth more than its entire public debt, sparks renewed discussion on crypto as a strategic reserve asset. The decision to liquidate these holdings reflects broader governmental challenges in managing volatile digital assets amid regulatory uncertainty and fiscal pressures. Alex Obchakevich of Obchakevich Research emphasizes Bitcoin’s volatility as a key factor complicating its use as a stable reserve, highlighting the need for diversified strategies. Bulgaria’s Bitcoin sale highlights the complexities of crypto reserves, with experts urging diversified holdings and strategic long-term approaches amid regulatory challenges. Bulgaria’s Bitcoin Sale: A Case Study in Crypto…

BitcoinJul 28

NFT sales skyrocket 40% to $221m, CryptoPunks jump 590%

The NFT market just posted its strongest weekly performance in months, with sales volume soaring 41% to $221.5 million amid a broader crypto shakeup. Ethereum (ETH) led the charge, and blue-chip collections like CryptoPunks—up nearly 590%—have reclaimed dominance. While transaction counts dipped slightly, the number of buyers and sellers surged, signaling renewed interest across blockchains like Solana (SOL), Binance Coin (BNB), and Bitcoin (BTC). Summary CryptoPunks has reclaimed its position as the dominant NFT collection with a 590% surge The NFT market posted its largest weekly gain in months with 40% growth to $221.5 million in total sales volume All…

NFTJul 28

Successful Analyst Issues Ethereum (ETH) Price Warning! Here's Why!

Ethereum (ETH), which experienced a major rally after Bitcoin's $123,000 ATH, has experienced a decline in recent days. While the general rise in Ethereum is expected to continue where it left off, one analyst said that ETH may be heading towards an unstable period in the near term. Markus Thielen, an analyst at 10X Research known for his successful predictions, said that Ethereum is at risk of a near-term decline. Thielen noted that increasing borrowing rates on the ETH network could create ripple effects throughout the Ethereum ecosystem. The analyst stated that with the increasing interest in Ethereum, the cost…

EthereumJul 28

Bros who tricked MEV bots with their own medicine must face trial, says judge

Two MIT-educated brothers have failed to get fraud charges dismissed in court in connection with a $25 million cryptocurrency theft from the Ethereum blockchain. US District Judge Jessica Clarke denied a motion to dismiss by Anton and James Peraire-Bueno on Wednesday, stating the government adequately alleged their conduct met the criteria for fraud. The federal government charged the pair in May 2024 with executing a fraudulent scheme, whereby they exploited a vulnerability on the Ethereum network to steal $25 million of cryptocurrency from “victim traders.” “Taking the government’s allegations as true, which the court must do at this stage, the…

RegulationJul 28

Jim Chanos Calls Strategy’s Premium 'Financial Gibberish'

Disclaimer: The analyst who wrote this article owns shares in Strategy. Jim Chanos, the founder of Kynikos Associates who famously shorted U.S. energy giant Enron before it collapsed in 2001, has set his sights on Strategy (MSTR), arguing the bitcoin -buying company’s premium valuation over its holdings of the largest cryptocurrency is unjustified. Chanos has placed a bet against Strategy’s stock by shorting it while maintaining a long position in bitcoin itself, aiming to profit if the company’s premium valuation shrinks. In shorting, a trader borrows stock, sells it and hopes the price falls enough for them to buy it…

BitcoinJul 28

Ether climbs above $3,600, but technical indicators show signs of weakness

Key takeaways ETH is up nearly 2% in the last 24 hours and now trades above $3,600. Technical indicators are showing signs of weakness, suggesting a bearish trend for the coin. ETH stays above $3,600 as BTC dips The cryptocurrency market has been volatile over the last couple of hours, with Bitcoin dropping below the $116k level. Bitcoin lost nearly 2% of its value and now risks dropping below $115k if the selloff continues. However, Ether, the second-largest cryptocurrency by market cap, is currently in the green after adding more than 1% to its value in the last 24 hours.…

EthereumJul 28

Cardano Launches New Crypto Card That Gives Back to the Treasury

EMURGO, the co-founding entity of the Cardano network, has announced the launch of a Cardano Card designed for and by the community. The card will offer staking rewards, access to crypto-backed loans, eligibility for exclusive airdrops, and yield from tokenized real-world assets. Cardano has unveiled its new crypto card, designed with input from the Cardano community. This reflects a decentralized decision-making process. Rather than a top-down product release, this shows how the network invites and incorporates community input, aligning with Cardano’s ethos of governance by the people. What makes it stand out is its built-in mission: a portion of the…

AltcoinsJul 28

Crypto Industry Asks President Trump to Stop JPMorgan’s 'Punitive Tax' on Data Access

Ten of the largest trade associations in fintech and crypto have called on President Donald Trump to intervene in what they say is a coordinated attack by big banks to stifle innovation and lock out competitors. In a letter sent on Wednesday, the groups, which include the Blockchain Association, and the Crypto Council for Innovation, warned that JPMorgan’s plan to charge fees for access to consumer banking data threatens to de-bank millions of Americans and could cripple the adoption of stablecoins (USDC, USDT) and self-custody wallets. At the center of the fight is how Americans fund digital wallets and exchanges.…

RegulationJul 28

Cantor Equity Partners 1 Gains 25% on $3.5B Bitcoin Deal With Adam Back

Cantor Equity Partners I (CEPO) is changing hands just shy of $15 in morning U.S. action, up about 25% from the $12 level it traded at prior to a late-Tuesday story from the FT that the company and Adam Back were nearing a $3.5 billion funding deal. To review, CEPO is the blank check bitcoin treasury company headed by Brandon Lutnick — chairman of Wall Street investment bank Cantor Fitzgerald and son of Trump administration Commerce Secretary Howard Lutnick. According to the FT report, Cantor Equity Partners 1 would acquire 30,000 BTC (nearly $3.5 billion at current prices) from Back.…

BitcoinJul 28