Making sense of crypto.
NBTCNEWS
Home»Author: NBTC(Page 4261)

Author: 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.

Wyoming's Stablecoin Billed as Yield-Bearing Alternative to CBDC Control

Wyoming isn’t far from becoming the first U.S. state to issue its own stablecoin, moving closer to a potential showdown with Washington over how its dollar-pegged token should comply with certain restrictions signed into law last week after passage of the GENIUS Act. The Cowboy State, which is historically suspicious of the federal government, could push back against requests to seize or freeze funds on-chain, people close to the introduction of the Wyoming Stable Token (WYST) told Decrypt, speaking as individuals. The landmark bill requires financial institutions to issue stablecoins with “procedures to block, freeze, and reject specific or impermissible…

Regulation

XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet

XRP slipped from last-week's record high as a wallet attributed to Ripple co-founder Chris Larsen made a number of large transactions. Between July 17 and July 24, the wallet transferred 50 million XRP, worth approximately $175 million. Some $140 million of that was directed to centralized exchanges, according to blockchain analyst ZachXBT. Transferring tokens to an exchange is widely interpreted as an intention to liquidate holdings for stablecoins or other tokens because large amounts are usually not stored on exchanges for a long time. Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP…

Exchanges

Solo Miner With a Tiny 48 Terahash Strikes Bitcoin Block, Beats the Mining Pool Titans

A solo miner hit the jackpot on Saturday morning by solving block 907283, and data shows they did it with a modest hashrate of about 48.3 terahash per second (TH/s). Not bad for what’s essentially a one-person operation punching way above its weight. CK Pool Soloist Hits Block After 2,294 Misses Since the Last One On Saturday, a solo miner uncovered block height 907283, and according to mining buffs, the individual did it using a modest slice of hashpower. “Another Solominer just found a block,” The X account Solomining wrote. “The lucky guy had a total Hashrate of 48.3 TH/s…

Mining

Cosmos Doubles Down on What It Does Best: Connecting Blockchains

The team behind Cosmos, a decentralized network of interoperable blockchains, has announced it is pausing its plans to launch an Ethereum Virtual Machine (EVM) platform. In its latest blog post, the Cosmos team cited cost and potential impact on user experience as key reasons behind its latest decision. https://t.co/UusGsZ47Q3 — Cosmos – The Interchain ⚛️ (@cosmos) July 14, 2025 New strategy to focusing on strengths; not competition The Cosmos team noted that building yet another virtual machine does not align with the project’s core strength, which is multi-chain interoperability. The team stated that it will now move forward by focusing…

Altcoins

Are US Banking Giants Taking Action Against Cryptocurrencies Again? Things Are Heating Up – Here Are the Details

US banking giant JPMorgan has reportedly suspended its customer onboarding process with cryptocurrency exchange Gemini. This decision comes on the heels of a social media post by Gemini co-founder Tyler Winklevoss, in which he accused the bank of “trying to kill fintech and crypto companies.” In another post today, Winklevoss alleged that JPMorgan canceled Gemini's re-acceptance process because of a previous tweet by Winklevoss. In that tweet, Winklevoss warned that major banks were trying to bypass the Open Banking Rule, drafted by the Consumer Financial Protection Bureau (CFPB), which takes effect at the end of 2024. This new regulation gives…

Regulation

Bitcoin Exchange OKX Announces Listing of Two New Altcoin Trading Pairs on Its Futures Platform! Here Are the Details

Cryptocurrency exchange OKX announced the addition of two new USDT-based perpetual futures contracts to its platform on July 25. The new contracts are USELESSUSDT and NEWTUSDT. OKX to List USELESSUSDT and NEWTUSDT Perpetual Contracts Listing Timing USELESSUSDT contract: July 25 at 18:00 NEWTUSDT contract: July 25 at 18:15 The contracts in question will be active on OKX's web platform, mobile application and API access. What is Useless? USELESS stands out as a meme coin built on the Solana network. The project cynically criticizes the concept of “usefulness” often promoted in the crypto industry, turning “uselessness” into a brand value. What…

Exchanges

James Wynn’s Audacious 40x Short Position Sparks Market Buzz

In the high-stakes world of Bitcoin trading, where fortunes can be made and lost in moments, a prominent move by Hyperliquid trader James Wynn has captured the attention of the crypto community. Known for his aggressive yet calculated strategies, Wynn recently closed a highly profitable long position on Bitcoin (BTC) and immediately pivoted, opening an audacious 40x crypto short position. This bold maneuver has ignited discussions across social media and trading desks, raising questions about market sentiment and the inherent risks and rewards of extreme leveraged trading. The Genesis of a Bold Move: James Wynn’s Profit and Pivot The saga…

Bitcoin

Tether has become the second-largest shareholder in Juventus

USDT stablecoin issuer Tether is the second-largest shareholder in Juventus Football Club, trailing only Exor NV, the investment vehicle of Italy’s Agnelli family. This is the first time a major European football club has counted a crypto company among its top investors. Tether, which formally revealed its stake in February, has accumulated a 10.7% ownership in the Turin-based club, a holding now valued at around €128 million ($149 million), per Bloomberg data. Juventus is arguably Italy’s most decorated football club and is now part of the 2025 Club World Cup tournament. It has been under the management of the Agnelli…

Markets

Tether fuels crypto ecosystem with new $2 billion USDT mint

Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain. Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, rather than entering circulation immediately. Of the newly minted supply, $1 billion was sent directly to Binance, the largest global crypto exchange by trading volume. This transaction suggests that trading activity across crypto markets intensified, especially following Bitcoin’s new all-time high above $120,000. USDT plays…

Altcoins

Russian crypto traders under pressure from new laws

Russia has been adopting and updating laws allowing it to target cryptocurrency transactions ahead of next year’s launch of its own coin, the digital ruble. The legislative changes make it harder for ordinary Russians to pay with or trade crypto, as operations like these can lead to account freezing, asset seizure and even criminal prosecution. Payment system law to hit peer-to-peer crypto trades in Russia The federal law “On the National Payment System” now empowers banks to restrict access to a client’s bank account if it’s involved in any kind of suspicious transactions, leading Russian crypto news outlet Bits.media raised…

Regulation