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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.

Fidelity just bought over $120 million in Ethereum as institutional appetite surges

Institutional demand for Ethereum (ETH) continues to accelerate, with Fidelity making one of the largest single-day purchases this week. According to blockchain analytics from Lookonchain, the Fidelity Ethereum Fund (FETH) added 33,788.82 ETH on July 22, worth approximately $124 million, bringing its total holdings to 629,202 ETH, valued at $2.33 billion at current market prices. July 22 Update: 10 #Bitcoin ETFs NetFlow: -1,477 $BTC(-$176.21M)🔴#ARK21Shares outflows 665 $BTC($79.31M) and currently holds 49,586 $BTC($5.91B). 9 #Ethereum ETFs NetFlow: +75,296 $ETH(+$278.45M)🟢#Fidelity inflows 33,953 $ETH($125.56M) and currently holds 629,202… pic.twitter.com/7G6IgZpMTd — Lookonchain (@lookonchain) July 22, 2025 Recently there has been a strong broader institutional…

Ethereum

Upexi Stock Surges as Solana Climbs—Why the Firm Is Bullish on SOL

Publicly traded consumer products firm Upexi made a strategic decision to create a digital assets treasury in April, raising $100 million to buy Solana, promptly sending its share price skyrocketing. Now months later, the firm is raising another $200 million in part to acquire more SOL, the native token of the layer-1 network its Chief Strategy Officer Brian Rudick told Decrypt is the “end-game winning, high performance blockchain.” “Solana is one of the first second-generation high-performance blockchains, so it benefits from having both best-in-class performance via newer blockchain technologies like parallel transaction processing, but also large network effects from having…

Markets

IOTA Anchors Digital Product Passports for EU-Compliant Recycling

GLC Recycle’s blockchain-backed passport now tracks recycled batteries, locking in verified data with IOTA. IOTA gains 53% in a month, buoyed by real-world use and Southeast Asia network expansion. GLC Recycle has introduced its first Digital Product Passport (DPP) using the Orobo platform, anchoring key data with IOTA’s system. This development now allows full lifecycle tracking of recycled batteries through blockchain-backed verification. The DPP ensures the information is secured and auditable, preventing any form of tampering. Using IOTA’s Tangle, Orobo records end-of-life battery data in a transparent and tamper-proof format. This gives product owners and regulators access to accurate records.…

Altcoins

Trump Bans ‘Woke AI’ From Federal Contracts in New Executive Order

President Donald Trump signed an executive order on Wednesday banning U.S. government agencies from awarding contracts to AI companies whose models exhibit "ideological biases or social agendas," escalating an ongoing political battle over artificial intelligence. The order targets so-called "Woke AI" systems, accusing them of prioritizing concepts like diversity, equity, and inclusion (DEI) over factual accuracy. "DEI displaces the commitment to truth in favor of preferred outcomes," the order stated, describing such approaches as an "existential threat to reliable AI." Examples cited in the order include AI models that alter the race or gender of historical figures such as the…

Regulation

Adam Back helped build Bitcoin’s foundations — now he’s taking BSTR to Nasdaq

Backed by Adam Back and built around a Bitcoin-per-share model, BSTR is set to enter the public markets through a Cantor Fitzgerald-led SPAC. Table of Contents A $3.5 billion bet on Bitcoin BSTR is more than just a treasury play The Adam Back continuum BSTR joins growing list of public BTC-holding firms A $3.5 billion bet on Bitcoin On Jul. 17, Bitcoin Standard Treasury Reserve (BSTR) announced plans to enter the public markets through a merger with Cantor Equity Partners I (CEPO), a special-purpose acquisition company affiliated with Cantor Fitzgerald. CEPO is led by Brandon Lutnick, son of former U.S.…

Bitcoin

Ethereum Validator Exit Queue Nears $2B as Stakers Rush to Exit After 160% Rally

Ethereum’s validator exit queue swelled on Tuesday to its longest wait time in more than a year, that could signal a rush among stakers to pull funds after a major price rally in ether (ETH). There was nearly 519,000 ETH as of Tuesday U.S. afternoon, worth $1.92 billion at current prices, in line to exit the network, data by validatorqueue.com shows. That the largest amount in the exit queue since January 2024, extending withdrawal delays to over 9 days, per the data source. ETH validator exit queue (validatorqueue.com) The congestion is due to the dynamics of Ethereum’s proof-of-stake model, which…

Ethereum

Coinbase and Strategy Set Stock Records Amid Bitcoin, Ethereum Spikes

Two of the biggest crypto-linked stocks set records on Wednesday, with Coinbase hitting a an all-time high price and both Coinbase and Strategy setting new highs for closing market cap. The stock milestones came amid a surge in crypto prices, with Bitcoin setting multiple all-time highs in recent days, while other major coins like Ethereum and XRP are up more than 20% each over the past week. Coinbase, the prominent American crypto exchange, hit a record of $405.88 on Wednesday afternoon, per Yahoo Finance, along with a record peak closing price of $398.20—up 2.6% on the day and 6.5% over…

Markets

DeFi backbone of ASI Alliance Singularity Finance unveils H2 2025 roadmap

Singularity Finance, the ASI Alliance’s financial arm, has released its H2 2025 roadmap, with Q3 bringing AI portfolio tools, yield vaults, and trading agents. Singularity Finance, the financial engine of the Artificial Superintelligence Alliance, has released its roadmap for the second half of 2025. For the upcoming Q3, the project plans to launch its AI-powered portfolio management tools designed to help users build, monitor, and rebalance crypto investment strategies based on real-time data and smart automation. Alongside this, the platform will introduce diversified yield vaults — automated smart contracts that allocate user funds across multiple AI startups and infrastructure projects…

Altcoins

Public companies now hold $3.2B worth of Ethereum, swelling past 865,000 ETH

Out of the 58 entities holding Ethereum (ETH) in their treasuries, the 10 public-listed companies have roughly $3.2 billion, equivalent to 865,265 ETH. According to Strategic ETH Reserve data, four publicly listed companies recently added 113,300 ETH to their holdings. Furthermore, the number of entities jumped from 40 in June to 58 as of July 22. GameSquare Holdings purchased 8,351.89 ETH in July 2021, investing $30 million and increasing its holdings to 10,170.74 ETH. On the same day, crypto miner BTCS announced it holds 55,788 ETH, acquired at an average price of $2,846. Considering Ethereum’s price of $3,698.75, as of…

Ethereum

Europe’s Stablecoin Adoption Is Failing to Derail USD Dominance

Stablecoin adoption is growing quickly across Europe, now closely following the United States. However, it is not experiencing the type of adoption it was looking for. Today, people throughout the region are primarily opting for USD-backed stablecoins instead of those backed by the euro. As a result, the current dominant stablecoin poses a risk to Europe’s monetary sovereignty. In an interview with BeInCrypto, Alexander Hoeptner, CEO of AllUnity —the first euro-backed stablecoin issuer in Germany— explained that increasing demand for euro-backed stablecoins could help avoid a decline in the euro’s role in digital finance. Europe’s Stablecoin Paradox Stablecoin usage is…

Markets