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.

Ethereum-linked stocks jumped as companies shifted reserves from bitcoin to ETH

Ethereum-linked stocks saw a sharp boost on Wednesday, as companies pivoting toward ETH strategies caught the attention of traders. The rally came while hype around stablecoins and tokenization picked up again across the crypto industry, according to reporting from CNBC. The biggest gainer was BitMine Immersion Technologies, a bitcoin mining firm that decided this week to make Ethereum its primary treasury reserve asset. Shares jumped nearly 20% after the news and have now exploded over 1,000% since that announcement. SharpLink Gaming, a betting firm that also added ETH to its treasury strategy, rose more than 11%. And Bit Digital, which…

EthereumJul 5

SEC Rejects DeFi Firm’s $1 Billion Bid to Become ‘Solana’s MicroStrategy’

The SEC rejected DeFi Development’s attempt to offer $1 billion in securities to buy Solana, on account of missing paperwork. The firm has filed to withdraw its Form S-3, intending to refile in the future. Nonetheless, DeFi Development has invested millions into SOL over the last two months, but it won’t be able to build a massive stockpile without more liquidity. SEC Stifles Solana Plans Over the last few months, a growing number of companies have been following in MicroStrategy’s footsteps, investing heavily in Bitcoin to secure long-term gains. Some companies have taken the alternative route, and chose to build…

MarketsJul 5

What Crypto Whales are Buying Ahead of the TRUMP Dinner

Crypto whales are accumulating CYCLE, CLANKER, and CANDLE ahead of the TRUMP gala dinner set for May 22. CYCLE saw whale holdings surge 276% in the last 24 hours, driven by its automated on-chain burn mechanism. CLANKER, the native token of Tokenbot on the Base chain, recorded a 30.85% jump in whale accumulation as Base continues to dominate DEX activity. Meanwhile, CANDLE—part of the growing Solana launchpad wave—posted a 47.83% increase in whale holdings. CYCLE Cycle is an on-chain token burn mechanism powered by PumpSwap transaction fees. Every CYCLE transaction triggers a portion of the token supply to be permanently…

AltcoinsJul 5

Detroit Sues Crypto Real Estate Platform Over Safety, Health Violations

Detroit sued crypto real estate startup RealToken LLC and affiliated corporate defendants, in what it says is the largest nuisance abatement lawsuit in its history. Filed Tuesday in Wayne County Circuit Court, the lawsuit names the Florida-based company's co-founders, Remy and Jean-Marc Jacobson, along with 165 corporate defendants. The suit alleges that Real Token, a blockchain-based real estate investment platform, failed to meet health and safety requirements across 400 properties under its management, leaving tenants in hazardous conditions. "These defendants have profited from our communities while ignoring their most basic legal obligations as landlords and property owners," Conrad Mallett, corporation…

RegulationJul 5

FTX Repayment Blocked in 49 Regions Due to Crypto Restrictions

The FTX Recovery Trust has officially frozen creditor payouts in 49 jurisdictions where crypto activity is restricted or banned, citing the need for legal confirmation before proceeding. The move was disclosed in a July 2 court filing and primarily affects regions such as China, Nigeria, Fiji, Andorra, and Zimbabwe. While these jurisdictions account for only 5% of total allowed claims, a staggering 82% of the frozen value originates from China alone. Due to local laws in these regions, FTX is facing regulatory uncertainty over whether it can legally distribute funds to residents. What Happens If Users Are From These Jurisdictions?…

ExchangesJul 5

Asia De-Dollarizes, Moves Toward Yuan, Gold, and Bitcoin as a Strategic Hedge

Geopolitical tensions and shifting trade dynamics are pushing Asian nations toward gold, yuan, and crypto. Bitcoin increasingly benefits from Asia’s accelerating shift away from the US dollar, as geopolitical tensions, trade weaponization, and financial instability prompt a monetary realignment. Bitcoin, Gold Gains Ground as Asia De-Dollarizes Fast Alongside gold and the Chinese yuan, Bitcoin (BTC) is emerging as a key asset in a broader de-dollarisation push across Asia. According to experts, this trend reflects the move toward a multipolar financial order. More closely, a growing number of Asian economies, including Singapore, Indonesia, Japan, and India, are reducing their dependence on…

BitcoinJul 5

Ethereum Price Stagnates as On-Chain Data Shows Whale Accumulation

Ethereum continues to exhibit limited upward price movement despite earlier gains last week. Over the past seven days, the asset has gained only 0.3%, while it declined 0.2% in the past 24 hours. At the time of writing, Ethereum is trading at $2,436. Notably, the ongoing lack of momentum reflects broader hesitation in the crypto market, even as institutional activity and whale behaviors provide structural support for price levels. Ethereum Whales Accumulate, Retail Traders Remain Inactive In a recent market insight shared on CryptoQuant’s QuickTake platform, on-chain analyst Banker described Ethereum’s current phase as a “deadlock.” According to him, the…

EthereumJul 5

Mysterious New Whale Pulls 260,000,000 DOGE out of Robinhood

A whopping 260 million Dogecoin (DOGE) just left Robinhood, a major U.S.-based brokerage platform, as became known thanks to blockchain transaction data. The total value of the transfers was just over $57 million when they happened. Most of the transfer — 210 million DOGE, about $46 million — went to an unlabeled wallet. A second transfer happened soon after, moving another 50 million DOGE to the same address. In total, the final destination address currently holds around 420 million DOGE, making it one of the bigger wallets on the Dogecoin network, with a value close to a stunning $92 million.…

AltcoinsJul 5

Following the Major Tax Law in the US, a Major Cryptocurrency Tax Bill Has Now Been Proposed

Describing current practices for taxing digital assets as “outdated,” Wyoming Senator Cynthia Lummis today introduced a new bill that aims to modernize cryptocurrency taxation. With this move, Lummis has brought the crypto-friendly regulations he has been advocating for a long time back to the Congressional agenda. The Republican senator’s new bill is almost identical to provisions President Donald Trump tried to include in his “One Big Beautiful Bill Act” reconciliation package earlier in the week, but those provisions were not included in the package and were not put to a vote during the vote. “We cannot allow outdated tax policies…

RegulationJul 5

Binance Futures Announces Listing of Two Altcoin Trading Pairs with Up to 50x Leverage! Here Are the Details

Binance Futures, one of the leading platforms in the crypto derivatives markets, continues to expand its trading range. Binance Futures Launches BULLAUSDT and IDOLUSDT Perpetual Futures The exchange announced that it will launch USDⓈ-margined perpetual futures contracts on the BULLAUSDT and IDOLUSDT trading pairs in an effort to enhance user experience. The starting dates of the new futures contracts are as follows: BULLAUSDT Perpetual Futures Contract: As of July 4, 2025, 12:00, it will be traded with a maximum leverage of 50x. IDOLUSDT Perpetual Futures Contract: Will be offered as of July 4, 2025, 12:15, again with a maximum leverage…

ExchangesJul 5