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.

Peter Schiff Calls Bitcoin a 'Giant Cult,' Doubles Down on Gold

Peter Schiff, one of Bitcoin’s most vocal critics, took the stage at the Bitcoin 2025 conference on Thursday and didn’t hold back. During a fiery conversation with journalist Natalie Brunell at the Venetian Convention Center in Las Vegas, the longtime gold advocate dismissed the Bitcoin BTC$107,771.98 community as “a giant cult” and said the digital asset resembles a “memecoin.” Schiff, who rose to prominence as a stockbroker and gold bug, has long argued that bitcoin has no intrinsic value. On stage, he reiterated that claim and pointed to global central banks still accumulating gold — not bitcoin — as evidence…

BitcoinJul 7

Vitalik Buterin Proposes New Update That Will Change the Structure of Ethereum

Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have submitted a new Ethereum Improvement Proposal (EIP-7983) that aims to cap gas usage per transaction. The proposal includes a protocol-level limit where each transaction can use a maximum of 16.77 million gas (2^24). The aim is to increase the network’s resilience against denial of service (DoS) attacks, provide a more stable network structure, and increase predictability in transaction pricing. According to the new proposal, transactions will no longer be able to exceed 16.77 million gas on their own, regardless of the block gas limit set by the network. This limit will…

EthereumJul 7

How the Crypto Market Will React to Trump’s 70% Tariff Warning

Trump Threatens 70% Tariffs by Aug 1: Nations must finalize trade deals by July 9 or face steep import tariffs under Trump's new warning. Crypto Braces for Impact: Global market jitters could first hit crypto, but long-term instability may drive adoption of Bitcoin and stablecoins. A 70% tariff is on the table. President Donald Trump has issued a stern warning: if U.S. trading partners don’t finalize new trade agreements by July 9, they could face tariffs of up to 70% on imports starting August 1. This bold move under Trump’s “America First” policy has already started rattling global markets—and could…

MarketsJul 7

$100B Asset Manager Names XRP the Only Altcoin Fit to Complement a Bitcoin Strategy

WisdomTree, a $100 billion asset management firm, released a report that singles out XRP as an altcoin suitable for a long-term portfolio strategy alongside Bitcoin. XRP community researcher “SMQKE” highlighted this report in a recent tweet. The report positions XRP not as a speculative asset but as a functional complement to Bitcoin within a diversified crypto allocation. The firm’s research notes that institutional investors are no longer content with exposure to a single mega-cap cryptocurrency. With Bitcoin dominating ETF headlines and media coverage, WisdomTree’s taxonomy identifies XRP as a fitting companion based on its utility, performance, and classification as a…

AltcoinsJul 7

Ripple Vs SEC To End Today? Former SEC Lawyer Says ‘Highly Unlikely’

The Ripple vs SEC case continues to stir up the crypto community, especially on X (formerly Twitter), where new rumours are flying that the long-running lawsuit could finally end today. But according to a former SEC lawyer, those hopes might be a little too optimistic. According to latest rumours, both Ripple and the US Securities and Exchange Commission (SEC) were about to dismiss their appeals and bring the case to a close today. However, Marc Fagel stepped in to clear the air. In a post on X, Fagel said it’s “highly unlikely” that the Ripple case will be resolved today.…

RegulationJul 7

AscendEX and FXH AI Launch ‘ChainLinking Vietnam’ to Advance Web3 Compliance

AscendEX, a prominent crypto exchange, has announced its partnership with FXH AI, a popular on-chain aggregated platform for trading. With this collaboration, AscendEX and FXH AI endeavor to host the event “ChainLinking Vietnam” to boost Web3’s real-world adoption and compliance. ChainLinking Vietnam is an upcoming event designed to accelerate real-world Web3 adoption and regulatory compliance in Southeast Asia. The platform disclosed the details of this initiative in a recent announcement. Excited to join forces with @FeiXiaoHaoX for ChainLinking Vietnam — Web3 × Compliance × Real-World Adoption Let’s #ChainLinkVietnam and shape the future of Web3 in Southeast Asia! 🌏 🔗 Register…

ExchangesJul 7

Nic Puckrin Says Bitcoin Volatility Looming Ahead of $10B Options Expiry

Nic Puckrin highlighted that Bitcoin is currently struggling, potentially due to the massive options expiry scheduled for tomorrow, with volatility expected. Bitcoin (BTC) has been trading in a tight range between $106,000 and $110,000 from May 24 to May 27, showing no clear directional breakout. By May 29, BTC modestly rebounded to around $108,000-$109,000, still below the week’s peak, while the price stood at $107,782. Despite a moderate 3% decline over the week, mid- and long-term trends remain bullish. However, the looming options expiry on May 30 has injected uncertainty into the market, signaling potential volatility in the near term.…

BitcoinJul 7

Blockchain Developer Activity Drops Across Top Networks, Ethereum Still Leads

The recent on-chain estimates indicate that developer inputs in the major blockchain ecosystems have plunged. Ethereum continued to lead the top development events, but the whole industry saw a decline, with other leading platforms such as Polygon, BNB Chain, and Solana. Ethereum, Polygon, and BNB Chain Maintain Lead Despite Slowing Contributions Ethereum had 87.4K development activity events, making it the most active network. However, it also recorded a 31.07% reduction in overall events and a 15.5% reduction in unique contributors, which amounted to 1.4K. Ethereum had a considerable lead over other ecosystems, although this had declined. The second-most active was…

EthereumJul 7

U.S. Exceptionalism Is Alive and Well as Nasdaq Outperforms Global Peers: Macro Markets

U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets. Since the early April slide, Wall Street's tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to data source TradingView. Other major indices, such as Germany's DAX, France's CAC, Japan's Nikkei, and China's Shanghai Composite, have lagged behind Wall Street. Both Nasdaq and the S&P 500 traded at record highs Thursday. Demand for U.S. Treasury notes has held up amid concerns about…

MarketsJul 7

‘Is Anyone Else Watching XRP Today’

Leading crypto trading platforms Kraken and MoonPay call attention to XRP significant gains following the coin’s latest surge to a multi-month high. XRP has been riding the wave of the latest relief rally in the crypto market, which commenced last week. Interestingly, the coin witnessed a notable price increase yesterday, soaring past the $2.6 mark for the first time since March 7, 2025. The recent surge came after global travel giant Travala.com added XRP as a payment option. This would allow Travala users to pay for flights, book hotels, and other travel products using XRP. Following XRP’s recent surge, it…

AltcoinsJul 7