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.

Ethereum's Biggest Wall Street Bull Ups Stock Sale to $6B to Power ETH Treasury

SharpLink Gaming (NASDAQ: SBET), the largest corporate holder of ether (ETH), is raising its equity sale target from $1 billion to $6 billion, expanding its strategy of buying ETH for treasury reserves. In an updated filing with the U.S. Securities and Exchange Commission (SEC) on Thursday, the Minnesota-based affiliate marketing firm disclosed a prospectus supplement that increases the amount of common stock eligible for sale by $5 billion, on top of the $1 billion previously filed on May 30. “We are increasing the total amount of Common Stock that may be sold under the Sales Agreement to $6 billion,” the…

EthereumJul 21

Will GameStop Buy More Bitcoin? GME Boosts Latest Fundraise to $2.7 Billion

GameStop, the prominent video game retailer that’s building a Bitcoin treasury, generated an additional $450 million in fundraising that it can use to buy BTC, according to a filing with the SEC. The raise boosts its previous convertible notes offering to $2.7 billion in total after the initial purchaser exercised its option to purchase the additional $450 million in 2030 notes. The offering was previously upsized from $1.75 billion to $2.25 billion. While plans for the net proceeds do not specifically mention Bitcoin, it gives room for the firm to purchase the top cryptocurrency. “The company intends to use the…

MarketsJul 21

Avalanche Leads Ethereum in Whale Boost, Will AVAX Price Follow?

Avalanche whales are actively engaged in transactions in the broader cryptocurrency space. Over the last 24 hours, Avalanche (AVAX) whales have maintained an active lead, with a surge in transaction volume of 189%. This suggests intense activities as large holders move AVAX. Avalanche whale activity shifts market sentiment According to IntoTheBlock data, this surpasses the volume of transactions on higher-ranked crypto assets, such as Ethereum and Cardano, within the same time frame. While Ethereum (ETH) whales have managed to increase transaction volume by 114%, Cardano whales are experiencing a decline. Cardano whale activity has declined by 9% within this period.…

AltcoinsJul 21

Crypto Legislation Hits Escape Velocity—No Future Presidents Can Stop It Now

Crypto is now so entrenched in the U.S. financial system—with bipartisan momentum and Wall Street alignment—that no future administration can unwind it, an expert explained. Can Future Administrations Shut Down Crypto? Not After What Just Happened Mounting bipartisan support and deep institutional adoption are anchoring U.S. crypto legislation, signaling a long-term policy shift that future administrations will struggle to unwind. Bitwise Chief Investment Officer Matt Hougan stated on July 17 on social media platform X that the fear of incoming administrations undoing digital asset legislation is unfounded. After the House of Representatives passed three crypto bills on Thursday, Hougan posted:…

RegulationJul 21

Aleo Protocol Founder Proposes ZKPs as RegTech Game-Changer

Although blockchain technology has made considerable strides, bringing these innovations into traditional finance remains a complex endeavor. According to Howard Wu regulatory ambiguity was historically the biggest obstacle but now the focus has shifted toward the equally demanding task of implementation. From Regulatory Clarity to Implementation Complexities Despite rapid technical advancements in the blockchain space, integrating these new technologies into established financial systems presents complex challenges. Howard Wu, Founder of Aleo and CEO of Provable, an Aleo Labs company renowned for developing compliant and confidential payment products, recently offered insights into the evolving non-technical hurdles institutions face in adopting privacy-preserving…

BlockchainJul 21

'Spot Demand Surges, Leverage Remains Limited!' Here Are the Details

Crypto financial services provider Matrixport announced in its market analysis dated May 21 that the Bitcoin (BTC) market is showing a historic trend again. Matrixport: Spot Demand Takes Precedence as Bitcoin Price Nears New High, Leverage Risk Limited According to the company’s assessment, while the Bitcoin price has recently approached record levels again, open positions in the futures market have also reached a historical peak of $34 billion. However, it is noteworthy that funding rates remain at almost zero. Spot Demand Is High, Leverage Is Limited According to Matrixport’s analysis, this trend shows that spot purchases are driving the market…

BitcoinJul 21

Trump-backed crypto firm is planning stablecoin audit, new app

Zak Folkman, the co-founder of U.S. President Donald Trump's cryptocurrency platform World Liberty Financial, said on Wednesday that the company will issue an audit of its stablecoin "within days" and that it planned a new app. Folkman also hinted that WLF's governance token, known as WLFI, could soon become tradable in an interview at the Permissionless conference on Wednesday, organized by crypto media company Blockworks in Brooklyn, New York. WLFI, which was launched two months before the U.S. presidential election in November by Trump and his business partners, has yielded hundreds of millions of dollars in revenue for the Republican…

MarketsJul 21

Elon Musk’s ‘The America Party’ Could Lead to a Meme Coin Boom, If Launched

US President Trump and Elon Musk are feuding again over the Big Beautiful Bill, with Musk threatening to launch a new political party if it passes. The America Party (TAP)-themed meme coins are already spiking in anticipation of the new initiative. Crypto and US politics are becoming increasingly entangled, and the latest Musk-Trump saga can potentially create a new meme coin season, for better or worse. Musk and Trump Fallout Again Tesla CEO and crypto proponent Elon Musk publicly feuded with President Trump nearly a month ago, leading to a swarm of new meme coins. Musk attempted to reconcile with…

AltcoinsJul 21

Tornado Cash still laundering funds as founder Roman Storm stands trial

Hackers who stole $50 million from “next-gen stablecoin neobank” Infini earlier this year are actively using Tornado Cash to launder millions, even as the US trial against the crypto mixer and its founder, Roman Storm, continues to unfold. Roughly $10 million worth of ether (ETH) stolen from Infini was sent to Tornado Cash today, while over 1,700 ETH was swapped for roughly 5.9 million DAI. It’s another example of cybercriminals laundering their funds with the crypto mixer built with privacy in mind. One hacker behind a separate $12 million exploit sent some of the stolen funds to Storm’s legal funds,…

RegulationJul 21

Swan Chain Boosts Filecoin with Scalable zk-SNARK Computing

Swan Chain processes Filecoin’s Commit2 zk-SNARKs using GPU-powered off-chain computing for efficient sealing proof validation. The zk-UBI Pool distributes zk-SNARK workloads to providers, enabling scalable Filecoin computation with automated task assignment. Behind the decentralized data storage process, which is said to be “perpetually undeletable,” there’s actually some serious backend work. One of them: sealing. And it’s at this point that Swan Chain emerges as a new player, helping complete Filecoin’s Commit2 process, using zk-SNARK technology. In short, Swan is helping Filecoin with its heavy lifting—but doing it off-chain. Swan’s zk-UBI Pool Turns Heavy Proofs Into Shared Workloads Uniquely, this process…

BlockchainJul 21