Author: NBTC
Tech entrepreneur, CEO of Tesla and xAI, Elon Musk, has announced an important upcoming update of xAI’s Grok AI chatbot. However, while doing so, he cited his own popular tweet published four years ago, in 2021. Back then, this tweet became one of those Twitter posts that some analysts wanted to sue Musk for, alleging that he was engaged in manipulating financial markets. “Stonks” tweet brought back by Grok Imagine; Bitcoin In his tweet, Musk announced a soon-to-launch upgrade when Grok will be able to say words in a human voice. He published a 6-second video (the maximum Grok Imagine…
While some have dubbed Google Cloud Universal Ledger an “ XRP killer,” critics remain skeptical, arguing that its centralized control by Google runs counter to the core principles of decentralization. The Debate Over Centralization vs. Decentralization The recently launched Google Cloud Universal Ledger (GCUL), a private and permissioned blockchain, is being positioned as a secure platform for managing the full lifecycle of digital assets. Built on a “partnership model,” GCUL is designed to complement existing business frameworks rather than compete with them. Targeted at financial institutions, the platform promises significant benefits for both service providers and their clients. Although some…
Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,450 level in the near term. Ethereum Price Eyes Steady Increase Ethereum price started a recovery wave after…
Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital. The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem. The round also drew investments from Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital, and community backers via the HyperCollective. Hyperbeat serves as the native yield layer for Hyperliquid, building permissionless financial infrastructure that allows anyone to earn, stake, and spend directly from their on-chain portfolio. It unlocks yield generated by…
The Ethereum Foundation has announced that Holešky, one of Ethereum’s largest testnets, has reached the end of its lifespan and will soon be shut down. According to the statement, following the announcement on September 1st, the majority of validators on the network will be disabled two weeks after the Fusaka upgrade is approved on Holešky. From that date onward, the client, testing, and infrastructure teams will also no longer support Holešky. Holešky launched in 2023 as ETH’s largest public testnet, primarily used for large-scale testing of staking infrastructure and validator operations. During this time, the network hosted numerous protocol tests…
Timezone differences and banking hours often push payments in Asia to the next day. Summary Huma, Arf, and Geoswift to provide same-day settlement for merchants in Asia Sellers on global e-commerce often have to wait a full business day to receive payouts PayFi Network bypasses traditional banking bottlenecks Traditional banking creates significant payment bottlenecks, especially in Asia. For this reason, on Friday, August 14, Huma Finance, the company behind PayFi, partnered with Arf, Geoswift, and PolyFlow to offer same-day payouts to sellers on global e-commerce platforms. The solution is particularly needed in Asia, home to one of the largest seller…
Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial intelligence datacenter campus in Texas. On Friday, the company announced that the loan will cover roughly 80% of the construction costs for the first phase of the project, with Galaxy Digital contributing $350 million in equity. According to a US Securities and Exchange Commission filing, the loan is secured by all assets of Galaxy Helios I, a subsidiary of Galaxy Digital, and it matures on Aug. 15, 2028. The capital will fund the expansion of the Helios AI datacenter to…
El Salvador is launching the world’s first Bitcoin-only bank, aimed at institutional investors and high-net-worth individuals. The country has enacted the Investment Banking Law, allowing banks to hold Bitcoin and provide related services to accredited investors. This Bitcoin bank will offer services like Bitcoin-secured loans, asset management, and digital wealth advisory services to institutional clients. El Salvador is set to open the first Bitcoin-only bank in the world, which could surpass all the expectancies of the country in its struggle to evolve the nation and adapt its financial system to the cryptocurrency. The country that made international news in 2021…
According to the latest research report from crypto finance firm Matrixport, the US market has entered a new cycle of liquidity release. Matrixport: US Liquidity Cycle Restarts, Bitcoin Could Rise The report predicts that structural funding support could sustain the rise in Bitcoin and other risky assets, and that this trend could continue until 2026. Matrixport states that the current funding structure, credit environment and policy conditions in the US are sending positive signals, and these multiple factors could support asset prices upwards. The rapid growth in money market funds is particularly striking. According to data, US money market funds…
The NFT market has been experiencing dynamic changes to date, with both more time-tested blue-chip collections and new initiatives causing a lot of action. Trading volumes and individual sales on September 1, 2025, showed a mixed picture. Exchange markets were also critical. The statistics provide the maturity of the NFT ecosystem. #NFT MARKET OVERVIEW TOP COLLECTION #Courtyard – 24H Volume $1.67M… pic.twitter.com/86jQxDeuYb — PHOENIX – Crypto News & Analytics (@pnxgrp) September 1, 2025 Courtyard Leads Daily NFT Market Activity Courtyard was featured as the highest-selling collection by 24-hour volume on the NFT market. Courtyard took in an enormous sales volume…