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.

July 9 – Significant Development Just Occurred in Negotiations Between the US and the EU

The ongoing trade tensions between the US and the European Union have reached a new level. According to three sources familiar with the matter, the Washington administration has threatened Brussels with a 17% tariff on EU agricultural exports. This development has further increased tensions in the ongoing trade negotiations between the two sides. The latest warning from the US comes just before it launched a plan to impose 20% tariffs on all EU goods if the parties fail to reach a trade deal by July 9. President Donald Trump is demanding that Brussels grant regulatory exemptions to U.S. companies and…

MarketsJul 7

Tron Surpasses Ethereum in USDT Supply for the First Time as It Reaches $73.8B

For the first time ever, the total supply of USDT on TRON (TRC-20) surged past that on Ethereum (ERC-20). With $73.8 billion USDT minted on the Tron TRC-20 standard, compared to $71.9 billion on Ethereum’s ERC-20 standard, the long-awaited flip has finally occurred: a revolutionary transfer of stablecoin infrastructure. TRON $73.8B USDT Supply Overtakes Ethereum’s USDT Supply “For the first time ever, the total supply of USDT on TRON (TRC-20) surged past that on Ethereum (ERC-20), reaching $73.8B versus $71.9B.” – By @JA_Maartun pic.twitter.com/wuhj8HFPEb — CryptoQuant.com (@cryptoquant_com) May 12, 2025 Scalability and Efficiency Are Behind the Tron Tron’s dominance didn’t…

AltcoinsJul 7

Trump Signs Big Beautiful Bill Into Law on Independence Day

President Donald Trump signed the $3.3 trillion “One Big Beautiful Bill” into law on July 4 during a White House ceremony celebrating US Independence Day. The bill, passed narrowly by both chambers, brings sweeping tax cuts, deep spending changes, and the largest debt ceiling increase in US history—up by $5 trillion. What are the Crypto Implications of Trump’s Big Beautiful Bill? It permanently extends key Trump-era tax cuts, introduces new deductions for tips, overtime, and auto loan interest, and expands the SALT cap for middle-income families. At the same time, it imposes aggressive cuts to Medicaid, food assistance programs, and…

RegulationJul 7

Kuru Labs’ $11.6m round sets stage for the ultimate DEX experiment

What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru Labs, the startup building a decentralized exchange on Ethereum-compatible Monad, announced an $11.6 million Series A funding round led by Paradigm. The raise, which follows a $2 million seed round last year, will fuel the development of what could be the first fully functional on-chain central limit orderbook for the EVM. The round included participation from notable angel investors like…

DeFiJul 7

Ethereum Has Succeeded Beyond Anyone’s Expectations

Ethereum co-founder Vitalik Buterin said the blockchain “has succeeded beyond anyone’s expectations” during his keynote at EthCC 2025 in Cannes. The event gathered developers, company leaders, and institutions in the Palais des Festivals—the same venue used for the Cannes Film Festival. The conference showed how far Ethereum institutional adoption has progressed. Firms like Robinhood, BlackRock, Deutsche Bank, Coinbase, and Kraken are now using Ethereum for trading, tokenization, and onchain finance tools. Buterin told that institutions prefer Ethereum not for speed, but because “it’s stable and dependable, because it doesn’t go down.” He added that long-term features like privacy and censorship…

EthereumJul 7

Russian Arms Maker Wants Its Own Stablecoin Too—On Tron

Who doesn't want its own stablecoin these days? Well, don't count out the Russian war machine. Crypto is once again finding use cases in Russia, as state-owned weapons manufacturer Rostec now plans to launch its own stablecoin, dubbed RUBx, Russian state media reports. The digital token will be backed by rubles and available on Tron. News agency TASS first reported the news, quoting Alexander Nazarov, Rostec's deputy general director, who claimed that the token will be backed one-to-one by rubles. "Each RUBx is backed by real obligations in rubles," Nazarov told TASS. "This is legally fixed." The report added that…

MarketsJul 7

Truth Social Has No Plans for a Meme Coin Launch

Rumors have been spreading fast in the crypto space, claiming that Truth Social, the social media platform backed by Donald Trump, is preparing to launch a meme coin. After careful verification and review of original sources, we can confirm — these rumors are completely false. Where Did the Meme Coin Rumor Start? The speculation began when Ran Neuner, founder of Crypto Banter, posted on X that a Truth Social meme coin could be launching within 72 hours. He compared it to the already existing “TRUMP” meme coin on the Solana network, triggering widespread discussion about a potential Trump-led crypto push.…

AltcoinsJul 7

Will Tether’s USDT Get Banned in the US When the GENIUS Act Becomes Law?

Once signed into law, the GENIUS Act will give stablecoin issuers 18 to 36 months to comply with its stipulations. If they fail, they will be banned from operating within the US market. Tether, the issuer of the world’s largest stablecoin USDT, has a difficult decision to make. Known for its lack of transparency and failure to publish regular audits, Tether can choose one of three options. It can either comply, withdraw from the US market, or launch a separate stablecoin that abides by the GENIUS Act’s thorough transparency requirements and curbs risky practices. A New Era for Stablecoins The…

RegulationJul 7

Bitcoin Hits New ATH, But It's Not Price: Up $25.8 Billion

A recent report published by Glassnode on-chain data aggregator contains data about the new historic rise shown by Bitcoin-related data. Bitcoin options OI rallies Glassnode has spread the word about a massive increase in Bitcoin options open interest. This metric has spiked to an all-time high, reaching the $46.2 billion level. This signifies a rise by $25.8 billion from recent lows. This extensive increase in Bitcoin options open interest has surpassed the same indicator for Bitcoin futures. Glassnode explained that the big rise in this metric signifies that market participants are growing more sophisticated. Therefore, they require “more advanced hedging…

BitcoinJul 7

Ethereum price stalls, but ongoing accumulation points to a surge

The price of Ethereum remains in a consolidation phase, but is showing signs of accumulation, which may lead to a bullish breakout. Ethereum (ETH) was trading at around $2,500 at the last check on Saturday, July 5, within a narrow range it has maintained since May. Third-party data shows that whales and Wall Street investors have increased their Ethereum positions in the past few months. SoSoValue shows that spot ETH ETFs added over $219 million in assets this week, continuing a trend that started in May. It was the eighth consecutive week of inflows, a sign that these investors expect…

EthereumJul 7