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.

Dow, S&P 500, Nasdaq largely flat despite key earnings reports

U.S. stocks opened mostly flat on Thursday as investors balanced upbeat sentiment with caution around tariffs. The Dow Jones Industrial Average gained 140 points, while the S&P 500 remained flat as Wall Street assessed a series of earnings reports from major banks and tech giants. The Nasdaq Composite was also little changed, up 0.12% with the muted trading coming on the back of the index hitting a new all-time high amid bullish Nvidia news and earnings. While key inflation data this week had buoyed investor sentiment, uncertainty lingers as President Donald Trump increases pressure on the Federal Reserve to cut…

MarketsJul 23

Pump.fun is the third-largest ICO in history, but its PUMP token keeps crashing

Pump.fun managed to close as the third-biggest token sale in history. However, the token price started to slide soon after the launch, based on selling from whale buyers and even the developer wallet. The Pump.fun ICO became the third largest in history, after raising $500M for a $6B valuation for the meme platform. Pump.fun lines up behind TON and EOS, who raised billions. Now, the meme platform is facing skepticism that its high-profile event would not lead to growth. Based on Chainalysis data, Pump.fun still managed to hold an event outperforming some of the top projects from the 2017 ICO…

AltcoinsJul 23

Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy

Galaxy Digital (GLXY) is well positioned to capture upside from the favorable regulatory backdrop for cryptocurrency, Jefferies said in a new research report. Jefferies has initiated coverage of the crypto investment bank with a buy rating, citing the passage of the GENIUS Act in the U.S. as "providing favorable market structure," for Galaxy's business. The research on Tuesday also highlighted Galaxy's potential for profiting from the growing demand for artificial intelligence (AI) data centers. Jefferies referred to Galaxy's lease of CoreWeave's 393 MW site at Helios, West Texas as "a transformational deal." Jefferies assigned Galaxy a buy rating and a…

MiningJul 23

Freename Secures $6.5 Million Series A to Accelerate the Future of Domain Names and Digital Identity in the New Internet Era

Freename is building the world’s first Unified Internet, where a domain name functions as the universal access key across Web2 and Web3 utilities. Zurich, Switzerland – July 23, 2025 – Freename, a leading domain registrar bridging DNS and Blockchain technologies, today announced the closing of a $6.5 million Series A funding round. The new capital will drive product innovation, expand Freename’s global footprint, further unify Web2 and Web3 digital identity ecosystems and enable not just traditional IP addresses but also wallet addresses in a regulated manner. The round was led by Entrée Capital with participation from Polymorphic Capital, as well…

BlockchainJul 23

UK-listed Vaultz Capital Buys 20 More Bitcoin, Joins Institutional Race to Hold and Mine BTC

Bitcoin institutional adoption keeps rising with companies of all sizes now adding the asset to their balance sheets. The latest is UK-listed firm Vaultz Capital, which just bought more Bitcoin and launched its first mining operation. The UK-listed digital asset firm listed on the AQSE exchange, Vaultz Capital, has announced the purchase of 20 additional Bitcoin tokens at an average price of £88,981 ($119,380) each. This £1.78 million acquisition increases the company’s total BTC holdings to 70, worth approximately £5.79 million. The average purchase price across all holdings is £82,653 per coin, or approximately $110,766. Bitcoin Mining Operations Begin In…

BitcoinJul 23

Clearpool Prime Loan Originations Near $225M Amid Regulatory Shift

Clearpool Prime loan originations near $225M, led by rising institutional demand. U.S. crypto laws boost DeFi lending confidence among verified institutional borrowers. Four borrowers raised loan sizes as DeFi credit markets gain regulatory support. Institutional borrowing on Clearpool Prime is approaching a key benchmark, with total loan originations nearing $225 million as of July 2025. Data from the platform shows a steady increase in demand for decentralized credit, reflecting rising interest in undercollateralized lending models. The trend aligns with recent legislative developments in the U.S., where lawmakers passed new crypto regulations aimed at providing legal clarity and consumer protection. 📈Total…

DeFiJul 23

SharpLink is raising $6 billion through stock sales to buy Ether as ETH hits $3,592

SharpLink has filed to boost its ongoing stock sale program from $1 billion to $6 billion, with proceeds going mainly into Ethereum. The company made the decision today through an amended sales agreement with A.G.P., confirming it would continue selling common stock directly to the public, including forward sales, under what’s classified as an at-the-market (ATM) offering. ETH/USDT 1H price chart. Source: TradingView The announcement comes as Ether jumped to $3,592, crossing $3,500 for the first time since November 2024. The company’s SEC filing says the company entered into the agreement with A.G.P. to allow up to $6 billion worth…

MarketsJul 23

Ambitious Funding Round for Ethereum Layer 2 Abstract

In the dynamic world of Web3, where innovation and community spirit often dictate success, a significant development is brewing that could reshape the landscape for one of the most recognizable NFT collections. Pudgy Penguins, the beloved digital collectibles, are making headlines as their CEO, Luca Netz, embarks on a strategic quest for new funding. This isn’t just about bolstering the existing NFT empire; it’s about powering the next generation of blockchain infrastructure through Abstract, an ambitious Ethereum Layer 2 solution. This move signals a bold commitment to scalability, utility, and a more integrated Web3 experience for millions. What’s the Buzz…

AltcoinsJul 23

FLOKI hints at $75k prize pool, ignites opBNB’s first tournament

Floki has confirmed an upcoming tournament for Valhalla, its metaverse game that recently went live on the opBNB mainnet. According to an announcement on X, the tournament will be the first for Valhalla, with gamers offered a prize pool of $75,000. While the Floki (FLOKI) team plans to release details of when the event drops later, it has hinted at a mega grand prize of $25,000 for one winner. Valhalla’s debut tournament in brief: Tournament prize pool of $75,000 64 Vikings to win, with one grand prize of $25,000 Details, including date to be announced How many winners for Valhalla’s…

GameFiJul 23

Disguised Unemployment in Blockchain? Data Shows Only 12% of Ethereum, 25% of Solana Protocols Have Revenue

Have you heard of disguised unemployment? It refers to a situation where a portion of the workforce appears to be employed, but isn't contributing to the economy's output. Consider the massive capital expenditure loss from ghost cities, which represent unoccupied infrastructure. Something similar can be said for the top smart contract blockchains, which hosts hundreds of decentralized protocols. Of these, only a minority are generating revenue, while the rest produce no yield, loosely representing ghost digital cities and a form of disguised unemployment. According to DeFiLlama, Ethereum is the world's largest smart contract blockchain, hosting 1,271 protocols. Yet over the…

BlockchainJul 23