Author: NBTC

Two cryptocurrency wallets linked to Alex Mashinsky, the former CEO of the now-bankrupt lending platform Celsius Network, have sold 17,598 Ether ($ETH) worth approximately $27.24 million, according to blockchain tracking firm Onchain Lens. The sales were executed at an average price of $1,548 per $ETH, with proceeds converted into the stablecoin USDS. Details of the Transaction Blockchain data shows the two wallets conducted the sales in a series of transactions, moving large amounts of $ETH to decentralized exchanges before converting to USDS. The timing of the sales coincides with Mashinsky’s ongoing legal battles and follows a settlement with the U.S.…

Wall Street is rapidly losing confidence in Strategy’s highly leveraged Bitcoin accumulation model. Today, wealth management firm Canaccord Genuity came up with a fresh warning about the company slashing its price target on the stock (MSTR) from $163 down to $130. “Like an automobile, which drives better in forward gear versus reverse, so does MSTR’s BTC acquisition model,” analysts at Canaccord wrote. Matthew Sigel, VanEck’s head of digital asset research, has stated that this is true for most things on leverage Attacking the debt-fueled model Recently, investment bank TD Cowen also significantly lowered its price target on Strategy from $400…

The $XRP Ledger (XRPL) developer community is currently buzzing about the successful return of a highly anticipated network upgrade. The “Batch” amendment, which was previously delayed due to security concerns, has been merged back into the core repository and is now queued for validator voting. The announcement was made by XRPL core developer Denis Angell, who confirmed the integration following a rigorous period of testing and review. “Batch is BACK!!” Angell declared on X (formerly Twitter). “After an attack-athon, a security audit, and 4 reviews, the batch is officially merged back into the xrpld repo and will be up for…

1,700 UK investors have launched a group lawsuit in London’s High Court against Binance and founder Changpeng Zhao. The claimants say the pair sold risky crypto derivatives products to retail investors without authorization. UK Investors Demand $200M from Binance The plaintiffs allege that between around late 2019 and 2020, Binance offered products such as leveraged tokens, options, contracts, and futures without the approval of the UK’s Financial Conduct Authority (FCA). The victims filed the lawsuit under the Financial Services and Markets Act, claiming the derivatives are “specialized investments” under the rules. The UK regulator banned Binance from selling these complex…

Japanese crypto exchange bitFlyer has secured a Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) regulation, becoming the first Japan-originated exchange to receive the approval. The license was granted by Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), on June 26, just days before MiCA became fully effective across the EU on July 1. The approval allows bitFlyer Europe to operate across all 27 EU member states through the bloc’s passporting system without needing separate licenses in each country. bitFlyer Expands Across Europe Before receiving the CASP authorization, bitFlyer Europe operated under…

Bitcoin is close to losing $58,000, and the test below that level is whether the buyer stack that defined the post-ETF bull case still holds. Near $58,522 with an intraday low near $58,135, the market is asking whether anyone will buy in size at current prices, and the answer depends on two pillars of demand that have both weakened in recent weeks. For most of the ETF era, bulls could point to a predictable answer. Regulated ETF wrappers created a repeatable demand channel, advisors and institutional allocators absorbed dips, and Strategy’s accumulation program turned every sell-off into a buying opportunity…

A newly created anonymous wallet has withdrawn a significant amount of Ethereum from the WhiteBIT exchange, sparking interest among on-chain analysts. According to data from Onchain Lens, the address — beginning with 0xB704A — moved 14,944 $ETH, valued at approximately $23.5 million, in a single transaction. What the Withdrawal Suggests Large withdrawals from centralized exchanges are often interpreted by market participants as a sign of long-term holding intent. When funds are moved to a private wallet, it typically reduces the available supply on exchanges, which can be a bullish signal for the asset. This is especially notable when the receiving…

Cryptocurrency companies have become the single largest corporate political spenders in the United States, pouring $189 million into the 2026 midterm elections — more than they spent during the entire 2024 election cycle — according to a new report from the consumer advocacy group Public Citizen. The crypto sector accounts for 37% of the $517 million that corporations have reported spending on the 2026 midterms so far, a figure that already surpasses the previous record of $461 million set during the full 2024 cycle. Months remain before Election Day. The report, authored by Public Citizen researcher Rick Claypool and published…

Solana Foundation announced Wednesday that onchain governance is live on the network, letting validators propose and vote on protocol-level decisions through a system called Solana Governance Proposals, or SGPs. The mechanism is fully onchain, stake-weighted and verified by Merkle proof, according to the Foundation’s announcement thread. Any validator with at least 100,000 SOL delegated can open a proposal, and a proposal only opens for a vote once it clears 15% of cluster stake support. Delegators who disagree with how their validator voted, or whose validator did not vote at all, can override that vote using their own stake weight. Merkle-Verified…

The Question That Changed Robert Kiyosaki’s Path Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, said the turning point began years ago while listening to an Indian guru. The guru told him, “Your body’s mission is to fulfill your spirit’s mission,” Kiyosaki wrote on X on July 1. He added that the sentence forced him to examine whether his work matched a deeper purpose. “His words shook me. At the time my body was busy making money,” Kiyosaki said. That conflict became the central issue in his reflection: whether financial success alone could define a…