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.

Richard Teng Announces Binance's Institutional Loans Release, Here’s What to Know

Richard Teng, the Binance chief executive officer, has spread the word about Binance rolling out a new offering to the platform’s institutional clients. The new product is called Binance Institutional Loans and, according to Teng’s tweet, it is not just an average credit line but “it reimagines how institutions access liquidity across their entire portfolio.” Binance to support institutions with loans To his X post Teng added a link to an article which explains in detail what the new Binance offer to institutions is about. The title claims that they are up to 4x leverage and “zero interest potential.” The…

ExchangesJul 4

State-backed Financial Institution in China Praises Bitcoin – What’s Going On?

The International Monetary Association (IMI), China’s state-backed financial think tank, has published a remarkable analysis of Bitcoin’s role in the global reserve system. The IMI article states that Bitcoin is no longer just a speculative tool, but is starting to be positioned as a strategic reserve asset. IMI states that due to high US budget deficits, expansionary monetary policies and the continuous decline in real yields on US Treasury bonds, many countries' central banks are turning to alternative reserve assets. The organization said that in this environment, new competitors have emerged against traditional reserve instruments such as gold, and that…

BitcoinJul 4

Solana captures 95% of tokenized stock trading volume in massive DeFi pivot

The recent launch of the xStocks platform enabled Solana to quickly achieve dominance in stock market tokenization. Solana has rapidly become a leader in stock-based real-world assets. According to the data analytics platform SolanaFloor, the launch of Backed Finance’s xStocks platform helped Solana capture dominance in tokenized stock trading. Notably, data from Dune Analytics shows that since xStocks’ launch on June 30, Solana has accounted for more than 95% of all tokenized stock trading volume. Currently, xStocks offers 60 tokenized assets on its platform, 55 stocks and 5 ETFs. Onchain stock token volume by blockchain | Source: Dune Analytics On…

DeFiJul 4

You Can Buy a Martian Meteorite With Bitcoin—If You Have Upwards of $4 Million

Sotheby’s will auction off the largest known Martian meteorite on Earth later this month—and the iconic auction house is accepting Bitcoin for a piece of the red planet. The meteorite, known as Northwest Africa 16788 or NWA 16788, was discovered in Niger’s Agadez region in 2023 and weighs 54 pounds. It’s expected to fetch between $2 million and $4 million at Sotheby’s Natural History sale on July 16. “Sotheby’s has accepted cryptocurrency for select sales since 2021,” Cassandra Hatton, Vice Chairman of Science and Natural History, told Decrypt. “Given the global interest in rare meteorites and the tech-savvy audience they…

NFTJul 4

Ether eyes $2,879 as technical indicators switch bullish

Key takeaways Ether is up by more than 6% in the last 24 hours and briefly hit the $2,600 mark. The cryptocurrency could rally towards $2,900 amid strong technicals. ETH surges 6% to hit $2,600 Ether (ETH), the second-largest cryptocurrency by market cap, is one of the top performers among the top 10 cryptocurrencies. The coin added more than 6% to its value in the last 24 hours and now trades at $2,598 per coin. The positive performance comes amid a strong recovery by the broader crypto market. Bitcoin is heading towards the $110k mark after adding 3% to its…

EthereumJul 4

ETF with XRP Exposure Likely Next, Top Expert Says

According to Nate Geraci, president of The ETF Store, the Grayscale Digital Large Cap Fund (GDLC) ETF could be next in line to gain approval from the U.S. Securities and Exchange Commission (SEC). As reported by U.Today, the leading cryptocurrency-native asset manager originally filed to convert the fund into an ETF product last October. The filing was then acknowledged by the regulator in late 2024. Early on, ETF analysts were optimistic about its approval odds since it contains only a small portion of altcoins with lower liquidity. Bitcoin (BTC) accounts for the vast majority of its holdings (78.77%). Ethereum (ETH)…

MarketsJul 4

XRP ETF Delayed by SEC. When Will It Be Approved?

The U.S. Securities and Exchange Commission (SEC) has postponed making a decision on 21Shares's proposal to launch a spot-based XRP exchange-traded fund (ETF). The holders of the token should not read too much into this delay, given that this is simply a standard practice for the agency. The SEC actually has multiple windows to eventually make a decision regarding a certain ETF proposal. The review period can last up to a total of 240 days. During this period, the SEC collects opinions from the public and analyzes pertinent data. The 21Shares filing was originally submitted on March 11. This means…

AltcoinsJul 4

Oregon AG Seeks to Block Coinbase Bid to Move Securities Case to Federal Court

Oregon's Attorney General has pushed back against crypto exchange Coinbase's attempt to move the securities violation lawsuit to federal court, marking the latest clash in state-versus-federal crypto enforcement. AG Dan Rayfield asked a federal judge to remand the case back to Multnomah County, where it was originally filed in April, in a motion filed Tuesday. “This is a quintessential state law action that should be adjudicated by the state court in which the Attorney General filed it,” the motion said, calling Coinbase’s arguments a “removal gambit” and dismissing claims of a “regulatory land grab” as rhetoric that ignores nearly a…

RegulationJul 4

CySEC Says Former FTX EU (Now Trek Labs) Meets Compliance, Lifts Suspension

The Cyprus Securities and Exchange Commission (CySEC) announced on July 4, 2025, that it has recalled the suspension of the authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was made during a CySEC meeting on June 23, 2025. Trek Labs Europe Ltd was previously known as FTX (EU) Ltd. Its license was suspended in November 2022. The company was renamed and underwent a change of ownership. Earlier, it settled with CySEC by paying €200,000 for possible regulatory violations. These issues involved organisational and client information requirements. They took place before the rebranding and ownership change, covering the…

ExchangesJul 4

The UAE’s Transition into Bitcoin

While the US is leading in Bitcoin accumulation and hashrate distribution, the UAE is starting to develop into a rather big player in the global Bitcoin ecosystem, especially in the Middle East. Officially, the US holds the most Bitcoin with more than 207k in its fold, but some reports suggest that the UAE holds approximately 420k Bitcoin, valued at around $46 billion. However, there are no official sources to support the claim, as this is more of a rumor that’s been spreading around. Even Changpeng Zhao (former CEO of Binance) shared this news last year on X but eventually deleted…

BitcoinJul 4