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NBTCNEWS

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.

Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe

UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets. DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through a network of European banks and asset managers. The deal gives Archax new licenses under Germany’s BaFin, including permissions for portfolio management and investment advisory—key capabilities for serving institutional clients in the EU. This acquisition builds on Archax’s 2023 purchase of Spanish broker KSCM. With the DDA deal, Archax now holds…

Bitcoin (BTC) Could Reach $3 Million or Even Higher, Fundstrat's Lee Predicts

During a recent appearance on CNBC, Fundstrat's Tom Lee predicted that the price of Bitcoin could potentially surge to $2.5 million in the long term. "I think, at a minimum, it should have the same network value as gold…But I think Bitcoin is more valuable than gold. I mean Bitcoin, could be $2 million $3 million long term, I mean even higher." Lee added. Lee is convinced that the leading cryptocurrency could cross the $250,000 mark as soon as this year. More dovishness on the horizon According to Lee, Bitcoin is responding to global liquidity, which is currently moving up.…

Trump-Linked WLFI’s Astounding $5 Million Ethereum Acquisition Rocks Crypto World

The cryptocurrency world is abuzz with breaking news that signals a potentially significant shift in how traditional finance, especially that linked to high-profile political figures, views digital assets. According to a recent report by EmberCN on X, World Liberty Financial (WLFI), an entity reportedly connected to the Trump family, has made a substantial crypto investment, purchasing 1,531 units of Ethereum (ETH) for a staggering $5 million in USDC. This move, executed roughly 20 minutes before the announcement, has sent ripples across the market and sparked widespread discussion. What does this bold acquisition mean for the future of digital currencies and…

U.S. Dollar's Recent Recovery May Have Legs, but Don't Bet on Comeback, Analysts Warn

The dollar index, which tracks the U.S. dollar's value against a basket of fiat currencies, has seen a notable bounce following its worst six months in decades. Analysts, expected further gains in the short-term, but ruled out a full-blown bullish trend. The DXY has gained 1.40% to 98.30, bouncing off the three-year low of 96.37, according to TradingView. The recovery qualifies as a bullish technical breakout, as the index has topped the trendline connecting the series of lower highs from the February peak. A strong dollar typically leads to financial tightening worldwide, zapping investor risk appetite. Historically, bitcoin has mostly…

SHIB Burns Rocket 1,488% As 100,530,829 SHIB Disappear In 2 Moves

The SHIB community keeps up its regular attempts at diminishing the circulating SHIB supply. The SHIB burn metric has displayed an impressive four-digit growth since last morning with a smashing amount of SHIB transferred out of circulation. Hundred million SHIB disappears Data provided by the popular wallet tracker Shibburn, during the past day, the SHIB army has managed to dispose of a massive amount of SHIB. A total of 100,530,829 meme coins has been transferred to unspendable wallets. This was the largest SHIB amount destroyed over the past week in one day. The majority of the aforementioned crypto chunk was…

Top 7 Crypto Prop Firms for Trading in 2025: Best Platforms To Watch

If you are confident in your trading skills, the lack of capital should not be the reason you are stuck on the sidelines. Especially not when crypto prop trading firms are there to put up the capital you need. These platforms fund your trades and let you keep a large share of the profits. The only catch is, you have to prove that you can manage risk and hit profit targets. This quick guide explores how crypto prop trading works and highlights the top platforms worth your attention in 2025. Table of Contents Top crypto prop trading firms compared What…

Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

Bitcoin mining firm Bitfarms (BITF) surged on Tuesday as the company announced to buy back up to 10% of its common stock's public float. The Toronto-based company said the buyback plan, beginning July 28, will let it acquire up to nearly 50 million shares on the open market through the Nasdaq and Toronto Stock Exchange over the next 12 months, with purchases subject to regulatory limits and daily volume caps. All repurchased shares will be cancelled. BITF shares rallied as much as 18% on the news before paring some the gains. Recently, it was up 8% even as most of…

Trump’s first 6 months fuel 15,000 new Bitcoin millionaires

The number of Bitcoin (BTC) millionaires has surged in the first half-year of Donald Trump’s second term as President, according to new data from Finbold Research. Between January 20 and July 20, 2025, a total of 15,841 new Bitcoin wallet addresses reached millionaire status, bringing the overall count to 192,205, representing a 9% increase in just six months, with an average of 88 new millionaire addresses added every day. Finbold Research analyzed the data using figures retrieved from BitInfoCharts, with historical snapshots verified through the Wayback Machine. The findings show a consistent increase across all tiers of high-value addresses, but…

Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

This is a segment from The Drop newsletter. To read full editions, subscribe. Are we ever going to see NFTs boom again? Luca Netz thinks so. The Pudgy Penguins have become one of the most recognizable brands in crypto since Luca “Netz” Schnetzler took the helm in early 2022, ultimately becoming the CEO of Igloo Inc. and, later, the co-inventor of the Ethereum L2 Abstract. “I think you’ll see mania again,” Netz told me in an interview. “I think you’ll see a version of 2020, 2021, happen. I think you’ll see that again.” Netz also has the hot take that…

Breakout Pushes ETH Toward $3,500

The Ethereum price today is holding above $3,430 after a steep rally that followed a breakout from a multi-month cup and handle pattern. Price surged past $3,100 earlier this week and is now approaching a key zone near $3,500. Traders are watching closely to see if this upside continuation holds or if a temporary pause sets in at resistance. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: TradingView) The daily chart shows a clear breakout above the handle structure of the large cup and handle pattern, with Ethereum price climbing from the $3,100 neckline into open air. This pattern…