Making sense of crypto.
NBTCNEWS
Home»Author: NBTC(Page 4387)

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.

Ethereum Price Breaks $2,700 for First Time in Weeks, Altcoin Rally Ahead?

Ethereum leads the market with a 6.2% daily surge, gaining 17% this month and flipping key resistance into support above $2,750. Rising CME futures and consistent ETF inflows point to institutional confidence, with analysts eyeing a possible altseason within 72 hours. Ethereum (ETH) price today has jumped 6.2% in the last 24 hours, outperforming most top cryptocurrencies, including Bitcoin (2.2%), XRP (4%), BNB (1.1%), Solana (3.0%), Dogecoin (5.2%), and Cardano (4.5%). For the first time in four weeks, Ethereum has surged past $2,700 and is now trading at $2,795.14. Analysts believe this breakout could be the beginning of a new…

Ethereum

Tether, Blackstone Vets Raising $1 Billion for Public Bitcoin, Ethereum and Solana Treasury

A Tether co-founder and former Blackstone dealmaker are aiming to raise $1 billion to build a digital asset treasury for a company they aim to take public, according to a Bloomberg report. The duo, ex-Blackstone executive Chinh Chu and stablecoin titan Reeve Collins, will raise the capital through their special-purpose acquisition company M-3 Brigade Acquisition V Corp., the publication reported Wednesday, citing sources familiar with the matter. The firm’s treasury would hold several digital assets, including Bitcoin, Solana and Ethereum. The number of publicly traded crypto treasuries has mushroomed in recent months as the prices of Bitcoin and other assets…

Markets

Binance's CZ Makes Crucial Warning As TON Golden Visa News Proves Fake

Changpeng Zhao (widely known as CZ) has published a tweet to warn the community against various fake news to do with the crypto space after the recent TON Golden Visa UAE project turned out to be fake news. CZ issues big warning to community: DYOR CZ posted a link to an article by Khaleej Times, which refutes the recent report about the UAE regulator inking a partnership with the TON blockchain about the integration of the TON cryptocurrency into its Golden Visa program. Initially, news reports stated that this initiative would allow immigrants to receive a 10-year visa by staking…

Altcoins

Ousted Movement Labs Co-Founder Sues Startup in Delaware Court

Rushikesh Manche, a co-founder of crypto infrastructure startup Movement Labs, filed a lawsuit against the company on July 9 in Delaware’s Court of Chancery, two months after his termination. The case, titled Manche v. Mvmt Labs Inc., seeks a declaratory judgment under corporation law, a legal action often used to determine the rights or obligations of involved parties. Manche is represented by the law firm Ballard Spahr, with attorney David J. Margules listed on the docket. The case is currently assigned to Chancellor Paul A. Fioravanti Jr. of the Delaware Court of Chancery. Manche did not respond to The Defiant’s…

Regulation

KZOO Brings AIOT DePIN on BNB Chain, Boosting Scalability, Interoperability Capabilities

KZOO (AIOT) is a decentralized blockchain platform that combines artificial intelligence and IoT (Internet of Things) for secure, independent, and responsive data exchange between linked devices. The network is part of a new trend in DePIN that combines AI and IoT (collectively known as AIOT) – a new trend that connects physical hardware with decentralized network. Today, KZOO announced the launch of its AIOT network on the BNB Chain. AIoT is leading the DePIN movement on @BNBCHAIN We're delivering real value to users while building sustainable networks that go beyond traditional infrastructure models. 🧵 pic.twitter.com/g4OOAivyJ7 — OKZOO (@okzoo_app) July 11,…

Blockchain

BlackRock Now Owns 1.5% of All ETH — Institutional Demand for Ethereum Rises

BlackRock, the world’s largest asset manager, has added $158.6 million of Ethereum (ETH) to its reserves. The move brings its total Ethereum holdings to an estimated $4.45 billion, approximately 1.5% of all ETH in circulation. While analysts are concerned about Ethereum price lagging, the accumulation phase is anything but quiet. BlackRock Acquires $158 Million in Ethereum. This latest move comes amid a broader trend of aggressive institutional accumulation. Over the last two months, BlackRock has purchased $1.5 billion in ETH alone. “BlackRock just bought $158.6 million worth of ETH. Whales are loading up,” wrote CryptoGoos. It follows Ethereum ETF (exchange-traded…

Ethereum

Coinbase Comes Full Circle, Soars to Highest Price Since 2021 Nasdaq Debut

Shares of crypto exchange Coinbase (COIN) climbed to their highest level since its April 2021 Nasdaq debut on Thursday, bringing the stock nearly full circle after plunging more than 90% during the depths of 2022's crypto winter. COIN hit $382 Thursday before paring some of the gains and closed higher by 5.5%. The stock's more than doubled since plunging alongside April's tariff-induced market panic. Coinbase’s 2021 listing marked a watershed moment for the digital asset industry, but also signaled a peak in crypto. The stock rose as high as $382 before sliding over 90% amid the prolonged 2022 bear market.…

Markets

Shiba Inu Burn Rate Collapsed 82%, How Is Price Reacting?

Shiba Inu (SHIB) has witnessed a significant 82% decline in burn rate less than 24 hours after the deflationary mechanism soared astronomically by over 10,000%. According to data from Shibburn, a platform that tracks burn activities, the volume of SHIB sent to dead wallets dropped significantly. Price holds firm despite dip in burn rate In the last 24 hours, only 1,556,906 SHIB tokens were incinerated by the community. This volume has been removed from circulation as part of a continued effort to stabilize the price and increase the meme coin’s value. HOURLY SHIB UPDATE$SHIB Price: $0.00001181 (1hr -0.33% ▼ |…

Altcoins

Democrats call Republicans cowards, launch “Anti-Crypto Corruption Week”

Democrats led by Rep Maxine Waters and Rep Stephen Lynch are set to start “Anti-Crypto Corruption Week” to block the GENIUS Act, CLARITY Act, and Anti-CBDC bill. Their concern is that the bills will pave the way for what they call Trump’s crypto corruption. Maxine Waters, the top Democrat on the House Financial Services Committee and ranking member of the subcommittee on digital assets, and Stephen Lynch have announced that the rally will begin next week. 🚨NEW: To counter the GOP’s “Crypto Week,” Reps. @RepMaxineWaters & @RepStephenLynch are launching “Anti-Crypto Corruption Week,” rallying Dems to block the GENIUS Act, CLARITY…

Regulation

Ripple CEO Breaks Silence on Company's Academic Blockchain Vision

Ripple’s commitment to pushing the boundaries of blockchain innovation in academia just hit a new milestone, which has Ripple CEO Brad Garlinghouse excited. Ripple's University Blockchain Research Initiative (UBRI) promotes research and innovation across fields, including finance, law, engineering and the arts. At the University of Kansas (KU), UBRI funding by Ripple has spawned an interdisciplinary collaboration that merges blockchain, community storytelling and contemporary art. In collaboration with the Spencer Museum of Art, the project explores how blockchain can empower communities to reclaim ownership over space, memory and digital expression. In an X post, Ripple CEO Brad Garlinghouse reacted to…

Blockchain