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 (ETH) Price Prediction for July 9

Ethereum price continues to consolidate in a tight zone beneath the multi-month resistance band near $2,562. After weeks of coiling action, Ethereum price today is holding firm above the 0.382 Fib retracement from the 2024–2025 decline, with traders watching for a decisive breakout. What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the weekly chart, ETH remains locked inside a macro symmetrical triangle stretching back to 2022, with current price action approaching the apex. The monthly structure shows strong horizontal resistance near $2,862 and $3,465, while support remains firm above $2,128 and $1,707. ETH price dynamics (Source: TradingView)…

EthereumJul 11

Ripple-backed Company’s $100 Million XRP Announcement Causes a Stir

US-listed Webus International Limited has announced that it has signed a senior equity credit line agreement with Ripple Strategy Holdings for up to $100 million. According to the press release, the financing will be used as part of Webus’ strategy to increase its XRP reserves. Webus operates as an AI-powered mobility solutions provider that offers customizable luxury chauffeur services globally. The credit line reflects Webus’ confidence in its XRP-based growth strategy, said CEO Nan Zheng. “This $100 million facility minimizes shareholder dilution by allowing us to raise capital only when we need it, as we aim to accelerate our growth…

MarketsJul 11

Pudgy Penguins (PENGU) Hits 6-Month High After SEC Acknowledges ETF Filing

Pudgy Penguins (PENGU) soared to a near six-month high after the US Securities and Exchange Commission (SEC) officially acknowledged the filing for the Canary PENGU exchange-traded fund (ETF). The price experienced a double-digit increase, adding further momentum for the meme coin’s latest bullish rally. PENGU Price Surges As SEC Acknowledges ETF Filing The SEC has become more crypto-friendly this year under President Donald Trump’s administration. Besides Bitcoin and Ethereum, the regulator has yet to approve any altcoin or meme coin ETFs. Still, it has remained open to giving these applications a chance. In line with this, on July 9, the…

AltcoinsJul 11

Steak n’ Shake COO Says Bitcoin Payments Cut Processing Fees in Half

LAS VEGAS, Nevada — Steak n’ Shake has only been accepting bitcoin payments for two weeks, but the American fast food chain’s COO Dan Edwards said it’s already been a “win” for both the company and its customers. Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Edwards said that bitcoin payments have been faster and cheaper than traditional credit card payments. “When customers choose to pay in bitcoin instead of credit cards, we are saving about 50% in our processing fees,” Edwards said. “This means that bitcoin is a win for the customer, it’s a win for us as…

BitcoinJul 11

Celestia Founder Slams Ethereum With Hyperliquid’s Throughput

Celestia posted more data in 120 days than Ethereum could handle without high gas fees. Mustafa Al-Bassam claims Ethereum’s full Danksharding plan cannot match Hyperliquid’s throughput. Modular tools like Celestia now attract more Layer 2 builders who need faster solutions. A debate over blockchain data scalability escalated after Celestia co-founder Mustafa Al-Bassam responded to sharp criticisms from Ethereum supporters. Al-Bassam stated that Ethereum’s current roadmap—even with full Danksharding—falls short of the throughput required by modern apps such as Hyperliquid. He directly challenged claims that using Celestia is akin to “shorting ETH,” asserting that Celestia meets performance needs Ethereum cannot yet…

EthereumJul 11

Donald Trump’s crypto portfolio loses 78% of value in first half of 2025

President Donald Trump’s personal cryptocurrency portfolio suffered a dramatic decline in the first half of 2025, with its total value plunging by 78.35% since the start of the year, according to data from Finbold’s H1 2025 Cryptocurrency Market Report. On January 1, 2025, the value of Trump’s wallet stood at approximately $10.16 million. By June 30, it had fallen to just $2.20 million, representing a loss of $7.96 million over six months. The bulk of this decline occurred in Q1, with the portfolio hitting a low of $1.96 million by the end of March. However, Trump’s holdings did show a…

MarketsJul 11

Major Updates in Bridging TradFi and Blockchain

Ondo Finance, a leading Decentralized Finance (DeFi) protocol specializing in real-world asset (RWA) tokenization, has made significant moves in 2025, reinforcing its position as a pioneer in bridging traditional finance (TradFi) and blockchain technology. From January to July 2025, the platform has rolled out transformative initiatives, forged high-profile partnerships, and achieved key milestones that underscore its ambition to democratize access to institutional-grade financial products. This comprehensive news roundup, based on updates from Ondo Finance’s official X account and other credible sources, details the company’s most prominent developments during this period. Below, we explore these updates, their implications, and what they…

AltcoinsJul 11

SharpLink Gaming Jumps 26% as Ether Treasury Tops 200K ETH

Shares of SharpLink Gaming (SBET) surged after the online gaming firm said it snapped up another 7,689 ether (ETH) for its corporate treasury. The move, part of its strategy to make the second-largest cryptocurrency by market cap the backbone of its corporate treasury, lifted its total holdings to 205,634 ETH, the company said. The Minneapolis-based online gaming firm spent roughly $19.2 million on the latest purchase, paying an average of $2,501 per coin. ETH is at the time of writing trading at $2,591. The shares climbed as much as 26% to $15.93, the highest since they hit $37.18 on June…

EthereumJul 11

South Korea halts CBDC plans, shifting focus to bank-led stablecoins

Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable business model, as The Korea Herald reported. The project launched earlier this year was a two-tier system involving a wholesale CBDC for interbank settlement and tokenized deposits for retail use by 100,000 citizens. However, the seven participating banks collectively spent nearly 35 billion won (about…

MarketsJul 11

2,700+ XRP Wallets Hold 47B XRP Ahead of Key Decisions

XRP has surged to a 7-week high of $2.43 amid rising whale accumulation. The rally is also fueled by anticipation surrounding multiple XRP ETF approvals expected in July. Today, XRP has reached its highest value in seven weeks, crossing the $2.39 mark for the first time since May 23. At press time, XRP is trading at $2.43, marking a 4.60% gain over the past 24 hours and a 6.85% increase on the week. XRP is currently the fourth-largest crypto with a market capitalization of $143.84 billion. Chart of XRP Whale Accumulation from Santiment ETF Decisions on the Horizon The timing…

AltcoinsJul 11