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.

Fragbite Group stock shoots up 64% following plans to establish a Bitcoin treasury

Swedish gaming and web3 company Fragbite Group vows to establish a Bitcoin treasury to ‘future-proof’ its balance sheet. The firm has also appointed a dedicated director to oversee its Treasury operations. According to a recently published press release, the company’s Board of Directors has approved a new business strategy that would focus on managing its profits to invest some of its corporate funds into acquiring BTC (BTC). “The company views Bitcoin not only as a hedge against inflation, but as a global monetary network with the potential to radically transform the way companies store value,” wrote the company in its…

MarketsJul 12

ProShares’ XRP futures ETF listed on DTCC under ticker UXRP

ProShares’ Ultra XRP ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker UXRP. Inclusion on the DTCC eligibility list doesn’t guarantee immediate market debut. Still, the listing signals that the fund is operationally prepared for trading and settlement. The fund is designed to deliver twice the daily return of XRP’s price movements. ProShares plans to launch two additional XRP-centered futures products – the Short XRP ETF and the UltraShort XRP ETF – though these have not yet appeared on the DTCC. ProShares is targeting July 14 for the launch of all three XRP futures-based…

AltcoinsJul 12

HMRC to Require Crypto User IDs for Tax Starting 2026

The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has announced new regulations that will require crypto asset users to furnish service providers with tax identification numbers among other personal details starting Jan. 1, 2026. This move is designed to enhance HMRC’s ability to link crypto asset activity with individual and entity tax records, simplifying the process of determining tax obligations. As per the…

RegulationJul 12

Cumberland Unveils Massive 13,100 ETH Withdrawal from Binance

In the fast-paced world of cryptocurrency, every major move by an institutional player sends ripples across the market. Recently, a significant Cumberland ETH withdrawal from Binance caught the attention of many, signaling potentially deeper shifts in institutional crypto strategies. This isn’t just another transaction; it’s a window into how major firms manage their digital assets. Cumberland ETH Withdrawal: What Just Happened? According to a report from LookOnChain via X, a crypto wallet linked to Cumberland executed a substantial withdrawal of 13,100 ETH from the Binance exchange. This transaction, valued at approximately $33.58 million at the time, occurred just hours before…

ExchangesJul 12

Giant German Bank Uses This Altcoin’s Network for 100 Million Euro Bond Issuance

NRW BANK, the development bank owned by the German state of North Rhine-Westphalia, has issued €100 million worth of blockchain-based bonds, making it one of the biggest public sector moves into digital securities in Europe. The two-year bond was issued on the Polygon (POL) blockchain and registered through the infrastructure of Cashlink Technologies, a cryptocurrency securities registrar licensed by Germany’s financial regulator, BaFin. This is NRW BANK’s first bond issuance as a fully digital, crypto security under Germany’s Electronic Securities Act (eWpG), which allows bonds to exist solely on the blockchain without the need for physical certificates. Deutsche Bank, DZ…

BlockchainJul 12

John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip

Bitcoin’s recent price swings have kicked off a fresh round of debate over its long-term value, particularly after a widely discussed social media post from attorney John E. Deaton. In a tweet shared just ahead of the upcoming Bitcoin Conference, Deaton laid out a possible, and rather volatile, price scenario: Bitcoin surging up to $125,000, only to then see a sharp drop back down to around $112,000. BTC Crystal Ball: BTC hits $125K during the BTC Conference and then crashes to $112K and @PeterSchiff says: “I told you so! Bitcoin is NOT a Store of Value and Saylor is a…

BitcoinJul 12

Aave gains 18% weekly amid ecosystem growth, stablecoin dominance

Aave compounded its weekly gains thanks to rising adoption and the general bullish momentum in the crypto market. Aave is seeing strong performance amid ecosystem updates and a bullish crypto wave. On Friday, July 11, Aave (AAVE) was up 6%, reaching a daily high of $317.58. This compounded to a growth of 18% over the last week, when Aave was trading at $272. This development comes amid bullish momentum in the crypto markets, fueled by Bitcoin’s (BTC) all-time high levels. At the same time, Aave reported growing stablecoin adoption, with plans to further support its stablecoin ecosystem. On July 10,…

DeFiJul 12

The Country That Recently Announced Its Partnership with Solana (SOL) Now Makes a Move into Bitcoin (BTC)! The Central Bank President Announced!

US President Donald Trump set an example for the entire world with the national strategic Bitcoin (BTC) reserve he officially launched after taking office in January. At this point, while many countries and major companies are pulling out their stops for crypto reserves, saying that the US has inspired them, the final move in this regard came from Kazakhstan. The Governor of the National Bank of Kazakhstan, Timur Suleimenov, said that the country will establish a Bitcoin and cryptocurrency reserve that can be managed by a subsidiary of the National Bank, according to local Kazakh media qazinform. It was stated…

MarketsJul 12

Dogecoin Contributor Issues Vital Alert to DOGE Community: What's Next?

A vocal Dogecoin community member, Mishaboar, has issued a warning to DOGE holders, urging them to stay away from so-called "Earn" programs that promise yield on deposited Dogecoin. In an X post, Mishaboar issued a cautionary message directed to the Dogecoin community. Dear Dogecoin, For years I warned people against putting their Dogecoin into any kind of Earn program. No matter how this is implemented either: the industry is so profoundly immature and corrupt that the risks will always outweigh the minuscule short term benefits for most… — Mishaboar (@mishaboar) July 8, 2025 Mishaboar highlighted that any yield offered through…

AltcoinsJul 12

Tokenization Promising, but No ‘Magic’ Exemption From Rules

As tokenized assets gain traction and Wall Street accelerates blockchain adoption, the SEC is drawing a clear line: compliance will decide who wins the digital securities race. SEC’s Peirce Urges Compliance as Tokenization Models Evolve Investor enthusiasm for tokenized assets is climbing, but regulators are signaling that compliance—not just innovation—will define the market’s next phase. U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated on July 9 that blockchain-based tokenization does not excuse market participants from federal securities laws. She emphasized: Tokenized securities are still securities. Accordingly, market participants must consider—and adhere to—the federal securities laws when transacting in…

RegulationJul 12