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.

XRP Responsible for 11.3% of Upbit’s Massive $3.59 Billion Daily Volume, Outperforms BTC and ETH

The cryptocurrency market remained relatively calm on the weekend. Bitcoin attempted to climb above the $105,000 levels, but it failed and is now trading slightly above the $104,000 mark. As altcoins try to outperform Bitcoin, XRP is busy making headlines in Asia. According to reports, XRP emerged as a top performer on South Korea’s largest exchange, Upbit. XRP Tops Upbit Outpacing BTC, ETH XRP became the top-most traded crypto on Upbit, as it pulled in a massive 11.3% share of the $3.59 billion in the last 24 hours. Interestingly, this is more than Bitcoin and Ethereum’s share combined. Analysts believe…

AltcoinsJul 9

Is 0% Crypto Tax Coming? Everything About the U.S. House Hearing

The U.S. House is all set to hold a hearing today to explore how tax policy can help make America a global leader in digital assets. Titled “Making America the Crypto Capital of the World,” the focus is on building a modern tax policy that supports the growth of digital assets in the U.S. 🚨BIG DAY FOR CRYPTO HOLDERS! 🇺🇸 US House scheduled a hearing on Crypto Tax policy today. There has been some rumours that 0% capital gains tax will be implemented on US-based tokens. 👀 pic.twitter.com/7mXqTyktX1 — Crypto Rover (@rovercrc) July 9, 2025 0% Capital Gains Tax Rumors…

RegulationJul 9

From 30M Global Users To A ‘Next-Generation Crypto Exchange’

Crypto exchange Gate crossed 30 million active users worldwide last week, with the crypto exchange's founder calling the milestone "deeply meaningful." Gate CEO Dr. Han told Decrypt that the exchange's growth over its 12-year lifespan is "honestly incredible," especially considering the high levels of competition in the digital assets sector. 30 million and counting! Gate just crossed 30M global users, and we're only getting started! 🔹Top 2 in 24h spot volume 🔹Fastest growing CEX in derivative market share 🔹Top 3 CEX worldwide More users mean more liquidity and a stronger network effect. The next-gen CEX is… pic.twitter.com/RM7DCVo9D4 — Gate (@Gate_io)…

ExchangesJul 9

Bitcoin’s golden cross confirmed; Here’s the next record high target

Bitcoin’s (BTC) recent momentum could lead to gains of over 50%, following the confirmation of a bullish golden cross technical formation. According to an analysis by TradingShot, the golden cross emerged as Bitcoin formed the fourth bullish leg within a long-term “channel up” pattern that began after the November 2022 bottom. In a May 28 post on X, the analyst pointed out that this channel has reliably guided Bitcoin’s price through multiple consolidation phases, often around the 0.5 Fibonacci retracement level, before each breakout. A golden cross typically occurs when the 50-day moving average (MA) crosses above the 200-day (MA).…

BitcoinJul 9

A Major Currency Outpaces Bitcoin With More Possible Momentum Ahead: Macro Markets

Welcome to CoinDesk's weekly macro column, where analyst Omkar Godbole writes about his macro observations and analysis in the broader markets. The views expressed in this column aren't investment advice. A major currency pair, which is barely considered volatile, is now rivaling notoriously explosive bitcoin's price performance—unimaginable, right? Not anymore. In June, EUR/USD, the most liquid FX pair in the world, rose nearly 4% to 1.1786, outperforming bitcoin's 2.4% gain. Remarkably, both assets are nearly neck and neck in year-to-date performance, each up over 13%. Some observers believe EUR/USD still has room to run higher, a positive sign for EUR-pegged…

MarketsJul 9

MOODENG Reclaims Spotlight With $1.2 Billion Volume Surge and 612% Weekly Rally

Moo Deng (MOODENG), a Solana-based meme coin, has emerged as the frontrunner in the cryptocurrency market’s latest rally, outperforming the top 1000 cryptocurrencies over the past day. Its daily trading volume has soared past $1 billion. The meme coin has also experienced a remarkable price increase. Over the past week, its value has skyrocketed by triple digits. Solana’s MOODENG Leads the Crypto Rally MOODENG, capitalizing on the viral appeal of a baby pygmy hippo, surged substantially after its launch in September 2024. The internet hype propelled its market capitalization over $100 million just weeks after its launch. However, after peaking…

AltcoinsJul 9

Unexpected Ripple (XRP) Move Comes from the Giant Brazilian Exchange!

While institutional interest in altcoins other than Bitcoin (BTC) and Ethereum (ETH) has increased, XRP has become one of these altcoins. At this point, while many companies announced that they would add XRP to their treasury reserves, another move came from the Brazilian cryptocurrency exchange Mercado Bitcoin. Mercado has announced a plan to tokenize real-world assets (RWA) such as Bitcoin, stocks, and bonds, Coindesk reported. Accordingly, Mercado Bitcoin, as the largest crypto platform in Latin America, has chosen XRP Ledger among many alternatives in its digitalization journey. Mercado Bitcoin has announced plans to tokenize an additional $200 million worth of…

ExchangesJul 9

‘Bitcoin Is The Way,’ Expert Tom Lee Says, Expecting Massive Price Surge

Head of Funstrats Tom Lee has published a post on the X social media network, where he shared an ultra-bullish Bitcoin price prediction, hinting that he expects the world’s bellwether crypto’s price to reach a so-called “banana zone” at the end of this cycle. Bitcoin to enter "banana zone" Lee shared a tweet issued by Julien Bittel, the head of macro research at Global Macro Investor. Bittel’s X post features an infographic, showing four Bitcoin cycles which began in 2011. The first three already finished, each of them reaching a “banana zone.” Each of those cycles included two correction phases.…

BitcoinJul 9

Neo participates in #BinanceTurns8 celebration featuring over US $2.8 million in rewards

Neo is among several blockchain projects participating in Binance’s #BinanceTurns8 campaign, a multi-phase event commemorating the exchange’s eighth anniversary. The celebration spans from July 1 through July 15, 2025, and includes interactive activities with more than US $2.8 million in total rewards. Binance and Neo share a longstanding relationship. Binance announced its exchange at the AntShares to Neo rebrand event in 2017, and NEO was one of the first assets listed on the platform. Binance also holds a seat on the Neo Council. The inclusion of Neo in this anniversary campaign underscores the early role it played in the exchange’s…

MarketsJul 9

SBI Says XRP in Escrow Won’t Count Toward Valuation Until Ripple IPO, Eyes ¥1 Trillion for Its Crypto Asset Business

SBI Holdings, one of Japan’s largest financial services groups, has indicated that it will only recognize the valuation of its Ripple shares once the firm goes public or receives an equivalent formal valuation. As revealed by XRP community figure Eri, the disclosure came as part of SBI’s annual financial report for the year ended March 31, 2025, where the company detailed its crypto asset business ambitions and hinted at explosive growth potential tied to its longstanding investment in Ripple. SBI Reports Stellar Financial Year The report confirmed that SBI had a stellar year, with revenue surging 19.3% year-on-year to ¥1.44…

AltcoinsJul 9