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.

Bitcoin Eyes $155,600 After 7 Straight Weeks in Green

Bitcoin closes green for seven straight weeks, signaling strong ongoing bullish sentiment from both retail and institutional investors. High open interest and on-chain liquidation risks indicate intense market positioning and possible volatility ahead. After closing the seventh week in the green, Bitcoin’s new big target has emerged: $155,601.73. This level is not just a random number on the chart, but is said to be a new All-Time High (ATH) that has been “confirmed” by popular crypto analyst Master Ananda. And the good news? Many believe that this is not the end of the bull market this time. Bitcoin Eyes $155K…

BitcoinJul 12

Nasdaq-Listed Firm Secures $200M in Financing, with Over $150M Tied to Solana Treasury Strategy

At the time of writing, solana is trading at around $166.28, up 6.23% in the past 24-hour period, according to CoinDesk Research's technical analysis model. Upexi (UPXI), a Tampa-based consumer brands company listed on Nasdaq, announced Friday it has secured approximately $200 million in new financing through a combination of equity and convertible note offerings. A portion of the proceeds will support Upexi’s existing operations, while the rest will be used to grow its cryptocurrency treasury, with a specific focus on Solana . As part of the equity component, Upexi raised $50 million from accredited and institutional investors, including its…

DeFiJul 12

Wintermute secures Bitcoin lending facility from Cantor Fitzgerald under its $2B financing program

Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald as part of Cantor’s $2 billion Bitcoin Financing Business initiative. Crypto market maker Wintermute has secured a Bitcoin-backed credit line from investment bank Cantor Fitzgerald. The size of Wintermute’s facility was not disclosed, but CEO Evgeny Gaevoy said it would help the firm manage the capital-intensive nature of OTC crypto trading and settlement. “Given the capital-intensive nature of our operations, especially OTC trading, the facility enhances our ability to hedge risks effectively across exchanges and maintain broad market coverage,” Gaevoy said in an email. The deal is part of Cantor…

MarketsJul 12

Is Cardano’s Reeve the audit trail Wall Street never knew it needed?

The days of manually reconciling financial reports may be numbered. The Cardano Foundation’s new Reeve platform aims to bridge legacy ERP systems with blockchain, offering CFOs something radical: a ledger that can’t lie, enforcing transparency where it’s needed most. On July 8, the Cardano Foundation unveiled Reeve, an enterprise-grade financial reporting platform designed to replace error-prone spreadsheets and opaque ledgers with an immutable, blockchain-backed record of truth. Built on the Cardano blockchain, Reeve targets corporations, NGOs, and government agencies in search of tamper-proof financial disclosures. The platform promises to automate compliance, reduce fraud risk, and streamline audits through cryptographic verification.…

AltcoinsJul 12

Judge Recommends Dropping Logan Paul’s Ex-Assistant From 'CryptoZoo' Lawsuit

A U.S. magistrate judge has recommended dismissing Logan Paul’s former assistant from a federal class action lawsuit over the failed NFT project CryptoZoo, marking the latest development in a widening legal saga that now includes multiple lawsuits and a high-profile defamation battle with a YouTuber. In a court document filed Monday, Magistrate Judge Ronald C. Griffin said the U.S. District Court for the Western District of Texas lacked personal jurisdiction over Danielle Strobel, who was listed as a 1% founding equity holder in CryptoZoo but is not alleged to have publicly promoted the project. The suit accuses Paul and several…

RegulationJul 12

Coinbase Lists 4 New Cryptocurrencies After Securing License in New York

Leading U.S.-based cryptocurrency platform, Coinbase, has topped its long list of supported cryptocurrencies to enhance its trading capabilities for New York users, according to a recent tweet shared on July 8. The new listing, which involves the addition of four new cryptocurrencies for residents in the New York region, comes after the exchange secured a major license from the New York State Department of Financial Services. The license offers Coinbase the opportunity to operate as a regulated Virtual Currency Business within the region, boosting its regulatory trust and prominence in New York. While New York is known for having stringent…

ExchangesJul 12

What Is Tokenization?

Traditional asset management is a laborious process. It often requires the involvement of numerous middlemen, including various state bodies and regulators. Assets such as stocks, bonds, property, or even land can often be prohibitively expensive and time-consuming to manage, putting them beyond the reach of the vast majority of the world’s population. What’s more, traditional asset management typically involves complex legal agreements and lots of paperwork, which makes it all very difficult to track and transfer ownership. It’s a slow and cumbersome system—and one that often lacks sufficient transparency to prevent fraud and other forms of corruption. Tokenization, while not…

BlockchainJul 12

“I Was Told ETFs Launching Marked the Top,” ETF Store President Touts as Bitcoin Surges 138% Since US ETFs Debut

Bitcoin has recorded a three-digit percentage uptick since the US spot ETFs launched, which some speculated would mark the market top. The US Bitcoin spot exchange-traded funds made their debut in January 2024, with eleven issuers offering the investment product upon launch. Interestingly, the breakthrough followed court persuasion from Grayscale and BlackRock entering the race to provide the Bitcoin-focused product to their clients. Well, the rest has been history. The traditional investment vehicles offering alternative exposure to Bitcoin saw pent-up demand upon market debut, driving prices to unprecedented highs. ETF Store president Nate Geraci highlighted this impact and contrary opinions…

BitcoinJul 12

TaskOn Partners DEXTools to Bolster Web3 Community Participation

TaskOn, a prominent platform devoted to Web3 community growth expansion, has announced its new partnership with DEXTools, a well-known DeFi trading entity offering real-time data across more than 100 blockchains. The collaboration focuses on enhancing community engagement in the Web3 ecosystem. The platform took to its official social media account on X to disclose this development. We’re excited to partner with @DEXToolsApp! DEXTools is the #1 DeFi trading platform with real-time data across 100+ chains. Now, through TaskOn, you can join quests, earn rewards, and win HUGE giveaways. Join the community and stay tuned. Early supporters may unlock exclusive… pic.twitter.com/9pZ0VnNXLw…

DeFiJul 12

Expected Critical Data for Bitcoin, Ethereum, XRP and Altcoins Announced! ETH Made a Big Difference to This Altcoin!

Bitcoin (BTC) and altcoins rose after news of the ceasefire between Israel and Iran came at the beginning of last week. While the horizontal trend observed during the week continued in the new week, CoinShares published its weekly cryptocurrency report and said that there was an inflow of $ 2.7 billion last week. “Last week, $2.7 billion worth of inflows were made into cryptocurrency investment products, marking 11 consecutive weeks of inflows. Thus, H1 totals approached last year's figure of $17.8 billion due to the influence of geopolitics and monetary policy.” Bitcoin Did Not Give Up Its Leadership! When looking…

MarketsJul 12