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.

Crypto brings private markets to the public

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Private markets are the new public markets.” — Matt Levine Because I was a professional trader for a long time, people have always asked me for investment advice. At first, I’d try to explain that traders don’t know anything about investing, but then they’d just ask me for trading advice, as if it were the same thing. (Full disclosure: Traders don’t know much about trading, either. It’s mostly luck.) Eventually, I stopped trying to explain the difference and started just offering the standard advice instead: Put it…

MarketsJul 9

South Korea to reclassify crypto firms as startups eligible for tax cuts and other benefits

South Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would grant them tax reductions and other benefits. According to a notice published on July 9, the country’s Ministry of Small-Medium Enterprises and Startups proposed to amend the “Special Act on Promoting Venture Businesses.” The amendment would have digital asset firms and other crypto-affiliated business operators no longer be restricted from registering as a venture companies. Entities registered as venture businesses in South Korea are typically small and medium-sized enterprises or startups. These companies receive official certification from the…

RegulationJul 9

BBVA Launches Crypto Trading and Custodian Services for Spanish Retail Customers

BBVA Launches Crypto Services for Spanish Retail Users – Customers can now buy, sell, and store Bitcoin and Ether via the BBVA app. Spain’s Crypto Adoption Grows Amid Regulatory Push – BBVA expands digital assets services, joining other major banks in Spain’s crypto race. Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish bank, recently launched crypto trading (Bitcoin and Ether) and custody services for retail customers. Spanish customers can now use this service to buy, sell, and hold crypto assets directly through the BBVA app. The step is part of a broader strategy of BBVA to enable a seamless digital…

ExchangesJul 9

Tech heavyweights back Erebor, a crypto-friendly bank aiming to fill the gap left by Silicon Valley Bank's 2023 collapse

A group of prominent tech billionaires, including Palmer Luckey, Joe Lonsdale, and Peter Thiel’s Founders Fund, is backing a new digital bank Erebor aimed at restoring a financial lifeline to early-stage tech firms after the collapse of Silicon Valley Bank (SVB) in 2023. According to reports, the crypto-friendly bank has filed an application for a national banking charter and plans to operate as a fully digital institution. Erebor wants to plug an SVB-shaped vacuum Before its abrupt collapse in March 2023, SVB had long served as a financial backbone for early-stage tech companies, crypto firms, and venture capital outfits. Its…

MarketsJul 9

SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit

XRP community eyes July 10 SEC meeting for clues on lawsuit resolution; some speculate a weekend appeal withdrawal could trigger a price surge. Legal experts like Marc Fagel urge caution, saying closed-door SEC meetings rarely deliver breaking news, especially over a weekend. The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs. While nothing has been confirmed, the crypto community is watching closely. A decision…

RegulationJul 9

Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

Gear Runner has announced a strategic collaboration with Meta Arena. Gear Runner is a platform that combines the M2E (Move-to-Earn) mechanism and Game Finance, built on top of the TON blockchain. The platform, whose key infrastructure is a GPS tracker that tracks real-world activities such as running, is designed to redefine fitness by rewarding physical activity with cryptocurrency. On the other hand, Meta Arena is a P2E game platform with NFT and Metaverse integration (developed on the SEI blockchain), conquering the blockchain gaming market with its advanced amalgamations. This alliance between the two firms represents an exciting collaboration of real-world…

GameFiJul 9

Bybit adds 18% GST for Indian users amid broader India crypto tax crackdown

Bybit has begun applying an 18% GST on service and trading fees for Indian users starting July 7, further intensifying the country’s already heavy crypto tax burden. Starting today, Bybit will apply an 18% Goods and Services Tax on service and trading fees for all Indian users, according to the exchange’s July 4 announcement. This new GST charge will be deducted directly from users’ assets across multiple services, including spot and margin trading, derivatives trading, fiat-related transactions such as buying crypto with bank cards, crypto withdrawals (including cases of recovering incorrect deposits), staking, and transfers via Bybit Pay. The tax…

ExchangesJul 9

Here Are Two Bullish Formations That Could Take Bitcoin Above $295,000

Analyst Mags identifies bullish patterns in the Bitcoin chart, signaling a potential new all-time high based on long-term trendlines. Bitcoin recently moved from around $106,000 on May 22 to a peak just above $111,000. However, this gain faced resistance, and the price dropped to near $107,000 by May 25. Despite this volatility, analysts forecast significant upside potential later in 2025. Technical Patterns Suggest Higher Price Targets An analyst known as Mags highlights two key bullish formations shaping Bitcoin’s outlook: an ascending triangle and a rising wedge. Notably, the upper ascending trendline connects Bitcoin’s all-time highs (ATHs) starting with the December…

BitcoinJul 9

Boxed Memecoins as Collectible Toys

Box.Fun is thrilled to announce the launch of a groundbreaking new kind of NFT that blends the viral appeal of memecoins with the nostalgic charm of limited-edition collectible toys. Users can “Box” their favorite memecoins into uniquely numbered digital toy collectibles - minted as NFTs, ready to HODL and proudly display. A first-of-Its-kind concept by memecoin enthusiasts Created by a team of passionate memecoin collectors, Box.Fun brings a playful twist to the NFT space by offering a way to immortalize tokens like Pepe, HarryPotterObamaSonic10Inu and Neiro in digital toy form. The project, which began development in late 2024, is now…

NFTJul 9

Robinhood stock hit $100 for the first time after being left out of the S&P 500

Robinhood reached $100 a share this week for the first time, according to data from CNBC. The rally came days after the company was left out of the S&P 500, but that snub didn’t stop the stock from jumping more than 30%, its biggest move since April. Instead of chasing approval from traditional markets, Robinhood is moving fast with its crypto plans, starting with a full expansion in Europe. During a private event held at a Belle Époque mansion on the French Riviera, executives announced that Robinhood is launching tokenized trading for stocks, ETFs, and private equity. CEO Vlad Tenev…

MarketsJul 9