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NBTCNEWS

Author: 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.

U.S. House Declares Mid-July "Crypto Week" as Key Bills Head for Vote

The U.S. House of Representatives has officially designated the week of July 14–18 as “Crypto Week,” signaling a major legislative push focused on digital asset policy and federal oversight. Lawmakers will vote on three significant pieces of legislation that could reshape the future of cryptocurrencies and government-backed digital currencies. According to an announcement shared by House Financial Services GOP and confirmed by journalist Eleanor Terrett, the House will consider the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act during this critical week. These bills touch on core issues such as regulatory transparency, innovation in digital finance, and…

Gate and xStocks Forge Alliance to Unleash World’s First Tokenized Futures Market

Gate has officially announced its strategic partnership with xStocks to redefine the future of finance. This collaboration is set to begin a new era that aims to integrate the traditional finance (TradFi) world into the ever-evolving landscape of crypto. Gate, by joining forces with xStocks, strives to become a leading force to enrich global markets with tokenized equities. These tokenized equities are now available for spot and future trading alike. xStocks <> Gate@Gate_io joins the xStocks Alliance to accelerate the merge of TradFi and crypto, pioneering the first futures market for xStocks alongside spot. The gate to global finance is…

President Putin blames energy deficits for the creeping ban on crypto mining across Russia

President Putin of Russia has blamed growing energy deficits caused by the booming minting of digital currencies for a creeping ban on crypto mining across his country. Putin’s comments on the matter follow a recent increase in electricity prices which, as analysts predict, is likely to affect the business of companies mining Bitcoin in the Russian Federation. Governors asked for it, Putin says of Russian mining ban Electricity shortages resulting from the rapid growth of crypto mining are the main reason for Moscow’s decision to ban the activity in certain regions, Russian President Vladimir Putin explained during an event devoted…

$113k in sight if rare harmonic pattern completes

Bitcoin is stalling at a major support zone with strong technical confluence. A rare Butterfly Harmonic Pattern is taking shape, potentially targeting $113,000 if the current level holds and symmetry completes. Bitcoin (BTC) has experienced a corrective phase over the past few weeks following a strong bullish trend earlier in the quarter. This pullback has now brought price action into a critical high time frame support zone near $104,600, a level that has proven significant on multiple technical fronts. While some may view the consolidation as indecision, it may actually be setting the stage for a highly structured continuation move.…

BlackRock Purchases Over 22,000 Ethereum Tokens Valued at $54.8 Million

BlackRock boosts Ethereum holdings with $54.8M purchase, now holding 1.4M ETH. Ethereum futures open interest stays high despite price dips, signaling strong market activity. ETH trades near $2,450 with steady volume and $295B market cap amid intraday price swings. BlackRock, the world’s largest asset manager, has purchased 22,058.53 Ethereum (ETH), valued at approximately $54.8 million. This recent acquisition marks another move in BlackRock’s growing engagement with the crypto market, particularly with Ethereum, the second-largest digital asset by market capitalization. JUST IN: BlackRock buys 22,058.53 Ethereum worth $54.8 million. pic.twitter.com/x52Opwsswq — Whale Insider (@WhaleInsider) July 2, 2025 The purchase was confirmed…

DWF Labs’ Andrei Grachev Challenges Near Protocol to Cut Inflation of NEAR By 50% To Attract More Investment 

DWF Labs currently holds 11 million NEAR tokens with over half staked to secure the protocol. The NEAR tokenomics currently entail a 5 percent annual inflation, which has been criticized by some investors. Andrei Grachev, a top executive at DWF Labs, has challenged the core developers at Near Protocol (NEAR) to reduce the token’s inflation from 5 percent to 2.5 percent. In an X post on Wednesday, Grachev requested the core developers at Near Protocol to consider theThe move to boost the long term prospects of the project. Grachev reminded the core founders that DWF Labs currently holds 5 million…

VeChain’s Revolutionary Renaissance Update Set to Launch in July 2025: What’s New for $VET?

VeChain Renaissance, its new upgrade, will improve tokenomics, staking, and interoperability. VET Token to see increased adoption and a corresponding value boost. The long-awaited VeChain Renaissance upgrade is set to debut in July 2025, sparking excitement within the community. This upgrade brings a new staking system that shifts away from passive rewards and is a game-changer for the VET token. Promise of the VeChain Renaissance A VeChain community member, Splendid, on the social media platform X highlighted key features of the Renaissance upgrade. Splendid noted that the upgrade is focused on improving three key areas in the VeChainThor: tokenomics, staking,…

IMF warns that Trump's tax bill will make debt reduction difficult in the medium term

The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to reduce the US fiscal deficit and national debt in the coming years. Speaking at a briefing in Washington, IMF spokeswoman Julie Kozack said the proposed legislation appears to run counter to efforts aimed at curbing federal debt over the medium term. Kozack emphasized that initiating deficit reduction sooner would allow for a more gradual and manageable path toward fiscal sustainability. The IMF examines Trump’s bill and its potential impact on the US economy The IMF, which is responsible…

A Big Strategic Move Towards Secure, Decentralized Communication

The major crypto exchange AscendEx made a formal announcement of its partnership with Dechat, a decentralized and secure communications protocol. This partnership will help this team to extend the limits when working with users of the decentralized world, making it easy to transfer information and exchange it securely between platforms. #AscendEX is thrilled to partner with @dechat_io #Dechat is an open, secure web3 communications protocol that powers decentralized user interactions. Stay tuned for more updates!#AscendEX #Dechat #Web3 #Blockchain #Crypto #Partnership pic.twitter.com/xEZIUtSNxH — AscendEX (@AscendEX_) July 3, 2025 Strengthening the Web3 Infrastructure Dechat is the Web3 communications protocol of the next…

Conor McGregor calls for Bitcoin strategy in Ireland

Strategy aims to reduce financial corruption and boost sovereignty. Panama–El Salvador alliance pushes for regional Bitcoin leadership. US bank report highlights CRE stress, renewing Bitcoin’s safe haven appeal. As Ireland grapples with calls for deeper financial reform, a bold new proposal is emerging from one of the country’s most recognisable public figures. UFC legend and 2025 presidential hopeful Conor McGregor has suggested creating a national Bitcoin strategic reserve to empower Irish people and help eliminate financial corruption. His plan draws inspiration from El Salvador’s approach, where President Nayib Bukele made Bitcoin legal tender and significantly altered the country’s economic trajectory.…