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.

Hype fades as NFT platforms lose users

The NFT market has reached its lowest point in a year and a half, suggesting a long winter in digital collectibles ahead. Their sales volume fell to $823 million in the second quarter of 2025, down from $4 billion over the same period in 2024, according to a new report by DappRadar. That’s a 19% drop from the first quarter of this year and the fifth consecutive quarterly decline. This ongoing bust paints a bleak picture for digital collectible investors and creators. So far, 2025 is the worst year in NFT history, with no real recovery prospects. Nearly every part…

NFTJul 9

NASDAQ listed DeFi company expands in the Middle East, UAE

DeFi Technologies, a financial technology company bridging the gap between traditional capital markets and decentralized finance, has expanded its operation into the GCC and MENA region. The registration of DEFI DMCC includes offices in Jumeirah Lake Towers, Dubai, as the company seeks to offer digital asset exchange-traded products (ETPs) through its subsidiary, Valour, which has also opened a trading desk at the Dubai Multi Commodities Centre (DMCC) in the UAE. As per the press release, the DeFi Technologies team and its subsidiary Valour, aim to support the increased institutional interest in digital assets in the GCC region and specifically in…

MarketsJul 9

Drop Game Ending Soon, BNBChain Integration & $DOOD Launch

With the Blum Drop Game set to end on May 13, 2025, the integration of BNBChain into its Trading Bot, and the launch of $DOOD trading following its Token Generation Event (TGE), Blum is positioning itself as a key player in decentralized trading. Additionally, the long-awaited Blum TGE for its native $BLUM token is expected soon, likely within Spring 2025, as announced in March this year. This article explores these developments, offering insights into their implications for the Blum community and the broader crypto market. Blum Drop Game Ends on May 13 In a recent announcement on X, Blum confirmed…

AltcoinsJul 9

Singapore Court Hearing Set for July 15, Reserve Date July 16

WazirX recently shared an important update on its ongoing legal process in Singapore on the proposed scheme of arrangement. It filed its affidavit on July 4, 2025, as directed by the Singapore Court. The next hearing for arguments is set for July 15 at 7:30 AM IST, with July 16 reserved if needed. 📢 Update on Proposed Scheme of Arrangement As directed by the Singapore Court, we have filed the affidavit on 4 July 2025. As announced earlier, the hearing for further arguments in SUM 940 and OA 1284 is scheduled for 15 July 2025 at 7:30 AM IST (10:00…

ExchangesJul 9

Bitcoin flashes early signs of weakness as profit-taking activity hits three-month high

Bitcoin price consolidates around $109,000 on Wednesday, following a mild correction the previous day. On-chain data shows that BTC’s profit-taking activity has reached a three-month high, signaling growing selling pressure. The FOMC Minutes on Wednesday could act as a catalyst to bring volatility to risky assets, such as BTC. Bitcoin (BTC) consolidates around $109,000 on Wednesday, following a mild correction the previous day. BTC’s on-chain data suggests weakness and indicates a potential correction, as profit-taking activity has reached a three-month high. Moreover, the Federal Open Market Committee (FOMC) Minutes from the May meeting, due to be released later on Wednesday,…

BitcoinJul 9

U.S. Added 147K Jobs in June, Topping 110K Forecast; Unemployment Rate Unexpectedly Falls to 4.1%

The U.S. employment picture held solid in June, perhaps furthering Federal Reserve Chairman Jerome Powell's insistence on remaining patient with respect to easing monetary policy. Nonfarm payrolls grew 147,000 last month, according to a report Thursday from the Bureau of Labor Statistics. Economist forecasts had been for job growth of 110,000, That's also modestly up from May job growth of 144,000 (revised from an originally reported 139,000). The unemployment rate for June was 4.1% versus an expected 4.3% and 4.2% in May. The price of bitcoin dipped modestly in the minutes following the report's release to $109,500. Bitcoin had been…

MarketsJul 9

Binance Airdrop, Real Estate & More

BabyDoge, a leading meme platform, has recorded a series of impactful updates over the past week, reinforcing its growth in the Decentralized Finance (DeFi) and real estate sectors. From May 2 to May 9, 2025, the project revealed a Binance-supported airdrop, claimed a top position in real estate tokens, and expanded its property offerings, alongside other developments. These moves highlight the platform’s strategic efforts to enhance its ecosystem and appeal to investors as it continues to establish itself as a leading player in the memecoin space. Unlike many other memecoins, BabyDoge now boasts unique utilities, combining memes with DeFi and…

AltcoinsJul 9

Robinhood CEO Wants 'Thousands' of Private Companies Tokenized on Platform

Vladimir Tenev, co-founder and CEO of Robinhood, has outlined the platform’s intent to list “thousands” of private companies as tokenized stocks. The statement follows controversy regarding its tokenized stocks for private firms OpenAI and SpaceX. The ChatGPT creator went so far as to publicly denounce the offering. Private companies are not publicly traded on stock exchanges. The firms typically attract investment from founders, venture capitalists, private equity firms, and also sometimes angel investors, and employees. As a result, investment in these companies is closed off from the public. Robinhood’s tokenized stock offering, available only in the EU, seeks to solve…

ExchangesJul 9

Older Bitcoiners' Spending Heats Up — $4.02 Billion BTC Since February

Popular on-chain data agency Glassnode has published a thread, informing the community about old wallets starting to spend the Bitcoins they hold. The aggregate volume of BTC spending has surpassed the $4 billion level, which is the highest mark since February of this year. Old wallets move billions of USD in Bitcoin In particular, the thread states, the 3-5-year cohort of wallets is making its second-biggest outflow after March last year, when they spent roughly $6 billion worth of Bitcoin. So far, they have spent roughly $2.16 billion. Spending by older $BTC holders is heating up again. Aggregate volume from…

BitcoinJul 9

8 New Crypto ETPs Revolutionize Sweden’s Market

Are you an investor in Sweden looking for regulated, straightforward ways to enter the dynamic world of cryptocurrencies? The wait is over. Valour, a prominent issuer of exchange-traded products (ETPs) and a subsidiary of DeFi Technologies, has just made a significant move, launching eight new SEK-denominated crypto ETPs on the Spotlight Stock Market in Sweden. This expansion is set to redefine how Swedish investors access a diverse range of digital assets, bridging the gap between traditional finance and the innovative crypto economy. Valour’s Strategic Leap: Revolutionizing Crypto ETPs in Sweden Valour’s latest launch marks a pivotal moment for investors in…

MarketsJul 9