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.

Coinbase Downtime Fuels “Full Send” Speculation as BTC Hits New All-Time High

Bitcoin (BTC) surged past $111,000 during the early hours of the Asian session on Thursday. However, investors may have seen this coming, amid a familiar twist- Coinbase went down. As the major US exchange experienced temporary connectivity issues, crypto Twitter lit up with predictions of a massive rally that seemed to materialize in real time. Coinbase Downtime Fuels Bullish Frenzy Reports on X (Twitter) indicate Coinbase Exchange suffered downtime in the early hours of Thursday. However, contrary to the typical reaction among investors, crypto market participants remained optimistic whenever such incidents happened. “Coinbase is down. OGs know what this means.…

ExchangesJul 12

Hut 8 tightens Trump family ties through American Bitcoin

Hut 8, a Bitcoin miner tied to the Trump family, is building a new office in Dubai, locking in on the city’s crypto-friendly environment. The company, which is based in Miami, officially registered its expansion last week through the Dubai International Financial Centre, with a spokesperson confirming it’s recruiting staff to lead trading and Bitcoin hoarding operations out of the UAE. According to Bloomberg, CEO Asher Genoot said the Dubai expansion will “enhance the precision and efficiency of Hut 8’s capital strategy.” The company, which ran mining operations in Texas, New York, and Alberta through 2024, had a team of…

MarketsJul 12

Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10

Polygon’s POL token is seeing renewed momentum just a day before the Heimdall v2 mainnet upgrade, set for July 10. At press time, Polygon (POL) is trading at $0.2001, up 7% in the past 24 hours and 11% over the past week. Trading volume has jumped 71.4% to $92 million, with derivatives volume up 67.87% to $83.75 million, as per Coinglass data. Open interest has also climbed 10.98%, now standing at $98.7 million. These figures point to increased activity in both the spot and derivatives network. The upcoming upgrade marks a significant step in Polygon’s roadmap. Since Polygon proof-of-stake launched…

AltcoinsJul 12

House Democrats Struggle to Approach 'Crypto Week' With Unified Front

House Republicans, supported by the White House, are barrelling forward with a slew of crucial votes on digital assets legislation set for next week—and Democrats appear unsure of how to approach “Crypto Week” with a unified front. Next week, among other crypto-related measures, the House will vote on the stablecoin-focused GENIUS Act and the CLARITY Act, which would create a crypto market structure framework. Some senior House Democrats have urged party leadership to officially come out against both bills, and whip votes against them, sources familiar with the matter told Decrypt. But these efforts appear to have been unsuccessful, others…

RegulationJul 12

Revolut Freezes Crypto Accounts in Hungary Amid Sudden Ban

Revolut temporarily shut down all cryptocurrency services in Hungary after the Hungarian government criminalized crypto transactions . Revolut releases official response for users addressing new updates regarding MiCA license. British fintech giant Revolut has temporarily suspended all cryptocurrency services in Hungary after the Hungarian government declared crypto transactions illegal. The suspension, announced on July 7, has halted all crypto trading and related services for users in the country. Following the freeze of crypto accounts and investments, Hungarian Revolut users were unable to conduct any cryptocurrency transactions. The abrupt move led to a surge in customer inquiries. On July 9, Revolut…

ExchangesJul 12

Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

An expert on X says holding Bitcoin often leads to wealth, but the process feels frustrating for investors most of the time. Bitcoin experienced a volatile past week, briefly climbing past $111,800 on May 23 before undergoing a pullback to around $107,000 the following day. Despite this short-term correction, the crypto closed the week at nearly $110,000, with a current trading value of $109,770. While the price movement remains in focus, analysts continue to emphasize Bitcoin’s broader growth trend and its evolving role in the financial landscape. Long-Term Trends Show Resilience Amid Volatility Thomas Fahrer, co-founder of Apollo, said that…

BitcoinJul 12

Latam Insights Encore: Bolivia's Crypto Affair Is Unavoidable: Here's Why

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the ongoing crisis in Bolivia is configured to stimulate the growth of crypto adoption, even from the government side. Latam Insights Encore: Bolivia Is Set to Become a Crypto Power as Its Economy Worsens Bolivia has become a case study for cryptocurrency adoption in Latam, given the current adverse economic situation that its citizens face. Bolivians are now dealing with an adverse turn of events that involves irresponsible management of their currency markets, which is…

MarketsJul 11

Does FTX Still Have a Future — And What About FTT Token?

FTX is moving forward with customer repayments and legal settlements following its collapse in 2022, even as its native token, FTT, continues to struggle in the market. With legal battles unresolved and trust eroded, the future of the FTX brand and the FTT token remain uncertain. Legal Actions Continue A month ago, former NBA star Shaquille O’Neal agreed to a $1.8 million settlement with FTX investors, according to documents filed in the U.S. District Court for the Southern District of Florida. The lawsuit, originally filed in May 2023, accused O’Neal of endorsing the now-defunct exchange in a 2022 television advertisement…

AltcoinsJul 11

What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

From boardrooms to balance sheets, Bitcoin is no longer just a bet—it's becoming a part of corporate financial strategy. A small but growing number of companies are allocating portions of their treasuries to the number one cryptocurrency by market capitalization, aiming not only to protect assets and diversify beyond traditional finance but also to signal a forward-thinking stance. What are corporate treasuries, anyway? A corporate treasury refers to a company's financial assets, including cash, stocks, and investments. To preserve capital and maintain liquidity, a company traditionally places surplus cash in instruments such as government bonds or money market accounts, which…

BitcoinJul 11

The dollar has dropped over 10% in the first half of 2025

The dollar just clocked its worst first-half slump since 1973, crashing more than 10% in the first six months of 2025. The damage? Pinned on President Donald Trump’s return to chaotic trade policies, reckless fiscal choices, and direct pressure on the Federal Reserve. According to the Financial Times, investors around the world are dumping the dollar, questioning whether it still deserves the role of safe haven in a global economy full of better options. The ICE dollar index, which tracks the greenback against six major currencies, including the euro and yen, has plummeted harder than in any other first half…

MarketsJul 11