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.
Base recently announced a significant update with the launch of new skills on its MCP platform. The update, which includes 13 new apps, aims to enhance functionality for onchain agents, enabling them to transact, trade, lend, mint, and buy directly on the platform. For more details, visit the official announcement here. The Key Development The broader crypto market is currently displaying mixed signals, but Base’s latest initiative is generating notable interest. The introduction of new capabilities for onchain agents could attract more users seeking enhanced functionalities. With 13 new apps now available, Base aims to bolster user engagement and streamline…
Bitcoin is holding near $58,000 as traders watch for either a rebound toward $62,500 or a confirmed breakdown below support. A short-term bounce could come first, but both charts still point to a deeper correction if buyers fail to regain control. Bitcoin Tests Head-and-Shoulders Neckline Near $58,000 Bitcoin is testing a major support area near $58,000 as analysts assess whether the chart is forming a large head-and-shoulders pattern. $BTC/USD 4-Day Chart. Source: @Morecryptoonl on X The chart shows a possible left shoulder near $110,000, a head around $125,000 and a lower right shoulder near $80,000. The rising neckline sits close…
Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, enough to make the lira its second-most-used stablecoin currency behind the dollar, ahead of the euro and every other G10 currency. Dollar-pegged tokens, led by Tether and Circle’s USDC, still dwarfed everything at $110.5 billion, but euro-pegged stablecoins came in at only in the tens of millions, trailing a currency whose home economy is a fraction of the eurozone’s size. This doesn’t look good for Europe, where a consortium of banks is preparing to launch a regulated euro stablecoin under…
Speed, cheap fees, and a quickly growing ecosystem have all contributed to Solana’s success. But privacy is one area where the network has traditionally fallen short. Deeper blockchain adoption A growing number of developers think that private transaction infrastructure and confidential computing will be necessary for the next phase of blockchain adoption, even though every transaction on Solana is transparent and visible to the public. Projects like Arcium and its associated token, ARX, come into play here. It’s a fairly simple concept. Information can be kept private while still being validated by the network thanks to encrypted computation, which prevents…
South Korea has begun considering rules that could allow fintech firms, not just cryptocurrency exchanges, to participate in a new licensing regime for cross-border digital asset transfers scheduled to take effect in December. Officials from relevant government agencies and industry participants told local media that authorities have started drafting enforcement regulations for amendments to the Foreign Exchange Transactions Act and are reviewing registration requirements for businesses seeking to operate virtual asset transfer services. The South Korean government promulgated the revised law on June 2 after cabinet approval. The legislation includes a six-month grace period and will take effect in December.…
The ASI Alliance announced a strategic partnership with Matterhorn, the creator of an AI-native vibecoding IDE for blockchain development. This collaboration aims to make dApp development more accessible and safety-focused, which could significantly impact the ASI:Chain ecosystem. The news was shared by SingularityNET on their official Twitter account, highlighting the commitment to innovation in blockchain technology. Breaking It Down Market Snapshot The broader crypto market is currently showcasing mixed signals, as major assets fluctuate. Within this context, ASI:Chain’s new partnership with Matterhorn is generating interest among developers and crypto enthusiasts. The collaboration seeks to enhance dApp development on the ASI:Chain…
Samson Mow, CEO of Bitcoin-focused technology firm JAN3, has put forward a proposal for a substantial over-the-counter (OTC) Bitcoin transaction between two major corporate holders: Strategy (formerly MicroStrategy) and Bitcoin Standard Treasury (BSTR). The proposed deal, valued at $1.5 billion, would see BSTR acquire an additional 25,000 $BTC from Strategy, significantly altering the balance sheet of both entities. The Proposed Transaction Details According to Mow’s public statement, the mechanics of the deal are straightforward. BSTR would pay Strategy $1.5 billion in cash. In exchange, Strategy would transfer 25,000 Bitcoin to BSTR. The immediate financial implications, as outlined by Mow, are…
China Sheds US Treasuries Amid Geopolitical Uncertainty and Federal Reserve Independence Concerns China, one of the largest economies, reduced its U.S. Treasury holdings in April, reaching an 18-year low. According to data recently released by the U.S. Treasury Department, China sold part of its U.S. Treasuries in April, reducing its holdings from $652.3 billion in March to $651.1 billion in April, the lowest since September 2008. This marks the third consecutive month of net selling, trimming holdings by $43.3 billion. The sales came during a period when the conflict in the Middle East still raged on, a factor that could…
A redemption that used to take days cleared in about five seconds. The names in the room matter more than the speed, and the question for $XRP holders is where the token actually sits in the flow. On June 12, JPMorgan, Mastercard, Ondo Finance, and Ripple completed a test that moved a tokenized United States Treasury through a full redemption on the $XRP Ledger. The settlement finished in roughly five seconds. The same operation on traditional rails takes three to five business days. crypto.news shared the result the day it happened, and within hours the $XRP community had folded it…
Sanctioned Russian Stablecoin A7A5 Inflates Volume Claims as On-Chain Data Shows Steep Decline
A7A5 says it processes billions. Blockchain analytics firms say the numbers don’t add up. The sanctioned ruble-backed stablecoin has been insisting that major crypto data providers are underreporting its true trading activity. When you cross-check the claim against on-chain flows, however, the picture looks very different. The mismatch isn’t academic. It cuts to a core tension in crypto market structure right now: self-reported volume versus verifiable data. In the case of A7A5, the original report details how several blockchain intelligence firms tracked a sharp decline in A7A5’s actual transaction volumes this year, even as the project’s public statements painted a…