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.
Latvijas Banka has issued a license to Nodu Digital for crypto asset services in accordance with MiCA regulations. This announcement was made via a tweet on July 9, 2026, and confirms Nodu Digital’s compliance with the regulatory standards set forth by the European Union. More details can be found in the official source here. The Latest The issuance of the license marks a pivotal moment for Nodu Digital as it aligns with the ongoing efforts to regulate the cryptocurrency industry within the EU framework. This regulatory approval is part of the broader MiCA initiative aimed at creating a comprehensive legal…
zkSync is set to make a significant appearance at the Futurist Conference, with Philippe Noelting representing the brand. He will discuss the critical topic of institutional adoption and the necessary infrastructure to support it, as highlighted in their recent tweet. This appearance emphasizes the growing importance of trust in infrastructure for institutional capital in the crypto space. What Went Down The broader crypto market is currently displaying mixed signals, with varying momentum across major assets. In this context, zkSync’s focus on institutional adoption is particularly timely. During the Futurist Conference, Philippe Noelting will address how institutional capital is not waiting…
The price of Bitcoin [$BTC] recently dropped from $60,000 to $58,000. However, at press time it was trading at $61,540.15, following a 2.01% increase in the past 24 hours. But a month-long decline of 8% is now raising concerns for the king coin. Consequently, given that the RSI was above 55 at press time and the MACD was flashing green bars, the price analysis suggested that bulls were strong. However, if looked at closely, the bull signs were not forceful, as the Signal line and MACD lines were almost joining. Additionally, Bollinger Bands expanding following a squeeze indicated the presence…
Cango cuts long-term debt by 94% and launches EcoHash pilots as AI pivot tunes out non-cash losses
Cango Inc (NYSE: CANG) has released the unaudited results of its financial statement for the first quarter of 2026, and it reported a net loss of $261.1 million. However, most of these losses came as a result of non-cash charges. The company also reported that it has wiped out its balance-sheet debt in a single quarter while simultaneously supercharging its entry into the artificial intelligence compute market. Why is Cango’s $261 million loss not a problem? $151.8 million out of the total net loss came from changes in the fair value of bitcoin collateral receivables, a non-cash accounting charge driven…
Stader Labs has officially announced the discontinuation of MaticX, its liquid staking token (LST) designed for the Polygon network. Effective immediately, new deposits for MaticX have been halted, and the token has entered a claim-only phase, signaling the beginning of a structured wind-down process. Timeline for MaticX Redemption The sunsetting process follows a clear, phased schedule designed to give users ample time to reclaim their underlying MATIC tokens. Between June 12 and June 19, a staking contract upgrade will permanently fix the exchange ratio between MaticX and MATIC. This fixed rate will then be used for all subsequent redemptions. From…
The U.S. Department of Justice [DOJ] plans to dismiss its criminal case against Matthew Goettsche, the alleged founder of the BitClub Network cryptocurrency investment scheme, Bloomberg Law reported. This could potentially bring one of the longest-running crypto fraud prosecutions to an end. The reported move comes nearly seven years after federal prosecutors accused Goettsche and several co-defendants of operating a global cryptocurrency mining scheme that allegedly defrauded investors of at least $722 million. While the DOJ is reportedly preparing to dismiss the case with prejudice, no dismissal motion had appeared on the public court docket at the time of writing.…
Aztec Network, an Ethereum Layer 2 built for private smart contracts, said on Tuesday that its Alpha V5 release is live on mainnet, calling it “the fastest private transactions we’ve ever shipped.” The company said Alpha V5 proves a fully private transaction in about 2.5 seconds on a laptop and cuts transaction fees to under $0.05. Aztec’s Alpha V5 page frames those figures as improvements over the prior version, describing the proving time as “~2.5 seconds on a consumer laptop, down 2x from V4” and the sub-$0.05 fee as 50% cheaper for a fully private token transfer. The metrics are…
CryptoQuant reports a sharp increase in Bitcoin exchange deposits reaching around 49,000 $BTC, a level historically linked to higher volatility periods. The firm also highlights rising Ether and altcoin inflows, suggesting coordinated positioning across the crypto market rather than isolated moves. The activity is largely driven by whales and institutional investors, while Bitcoin tests key support near $60,000. Bitcoin and altcoin exchange deposits have climbed sharply across major trading venues, according to CryptoQuant, signaling a possible rise in market volatility across digital assets. The data shows that both Bitcoin and Ether inflows are accelerating simultaneously, a pattern that has often…
In a stark personal account that has resonated across the cryptocurrency community, Zack Soesbee, CEO of Anvil — a development agency focused on the Cardano ecosystem — publicly stated that he has lost virtually everything after dedicating the past five years to the blockchain network. In a series of posts on X (formerly Twitter), Soesbee detailed how his commitment to Cardano and its native token, $ADA, has left him financially devastated and questioning his future in the space. Five Years of Sacrifice, No Returns Soesbee explained that he and his co-founders operated Anvil for three years without drawing salaries, minimizing…
Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation. In a Friday notice, the Democratic ranking members of five US Senate committees and subcommittees asked lawmakers to address President Donald Trump’s 2025 financial disclosure, in which he reported earning about $1.4 billion connected to crypto ventures like his memecoin and family’s World Liberty Financial platform. The lawmakers said that the reports “heighten concerns about the President pushing Congress to pass crypto legislation in favor of the very industry he’s cashing in…