Author: NBTC

The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from applying its gaming laws to CFTC-registered prediction-market exchanges. The CFTC’s complaint seeks a declaratory judgment that federal law grants the agency exclusive authority to regulate event contracts and requests a permanent injunction barring New Mexico from enforcing state gaming statutes against its registrants. The filing comes roughly a week after New Mexico sued CFTC-registrant KalshiEX LLC in state court, alleging its sports-event contracts amount to unlawful online sports betting. “New Mexico is the latest state seeking to nullify black letter…

The cryptocurrency market lost approximately $440 billion in total capitalization over the last 30 days, with Bitcoin falling from $81,000 to a low of $59,000 recorded on June 5. Hyperliquid’s share of the total volume of decentralized perpetual contract exchanges stands at 56.31%, compared to the 23% recorded at the beginning of the year. The platform’s volume reached a record 7.6% of the total perpetual contract market, including centralized exchanges. The number of monthly active users of Hyperliquid recorded an increase of 21.8% during the last five weeks, reaching 220.76K users in the week of June 8 to 14. The…

A comparative analysis published on May 11 by XWIN Japan tracked how Bitcoin, Ethereum, $XRP, $BNB, and Solana held up during the six months of market stress between October 2025 and April 2026. According to the report, that downturn was less about panic selling alone and more about “internal selection,” with investors separating Bitcoin from the broader altcoin market amid macro stress and shrinking liquidity. Bitcoin Stayed Ahead While Altcoins Took Deeper Losses Going by XWIN’s data, $BTC dropped 52.5% in that period, going from a peak of around $126,000 to roughly $60,000. And while that was a brutal fall…

The cryptocurrency market has only partially recovered from the major declines of previous weeks, and at the time of writing, Bitcoin is trading at $63,739, having risen by 2.5% in the past week. A significant part of the recovery stemmed from an agreement between Iran and the US that was reportedly going to be signed today. However, Iran denies the agreement will be signed, while US President Donald Trump insists it will happen today. Some analysts believe the agreement was delayed by Iran to avoid being signed on Trump’s birthday. However, the cryptocurrency market can also expect numerous economic developments…

The cryptocurrency analysis platform Bubblemaps has shared some noteworthy data about BRENT, one of the memecoin projects that has been rapidly rising recently. The token, inspired by Brent crude oil and rising global energy prices, is said to have a high concentration in its supply. According to Bubblemaps data, approximately 70% of the BRENT supply is held by new wallets funded by centralized exchanges (CEXs). Analysis revealed that more than 50 wallets were funded by exchanges before the token’s market capitalization surpassed $10 million. Related News BREAKING: U.S.-Iran Diplomatic Process Paused Due to Lack of Response from Iran These wallets…

Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Key Takeaways: Senator linked crypto regulation to dollar demand, consumer safeguards, and U.S. financial leadership. Stablecoin reserves could support demand for dollars and Treasuries, according to the senator. Lawmakers still must pass, reconcile, and approve the CLARITY Act before enactment. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking Committee Chairman Tim Scott (R-SC)…

$RLUSD Markets Open With $XRP, $BTC, $ETH, and $USDT Pairs Gate listed $RLUSD on June 15, opening $BTC/$RLUSD, $ETH/$RLUSD, $XRP/$RLUSD, and $RLUSD/ $USDT spot trading. The launch gives users direct access to Ripple’s U.S. dollar-backed stablecoin against bitcoin, ether, $XRP, and $USDT. Market access drew a separate statement from Ripple, the company behind $RLUSD and a major developer in the $XRP Ledger ecosystem. The company tied the $XRP/$RLUSD pair to broader use of stablecoin liquidity across trading and settlement. Ripple wrote: “ $XRP/$RLUSD spot trading pairs are available today, unlocking real interoperability and capital efficiency for digital asset markets worldwide.”…

A Bitcoin whale dormant since 2013 moved $40 million in $BTC on May 10, with analysts ruling out an exchange dump. A long-dormant Bitcoin whale wallet moved about $40 million in $BTC on Sunday after more than 12 years of silence. Whale Alert detected the transfer at 19:16 UTC, with funds moving to a new address not associated with any known exchange. The wallet was created on November 27, 2013, and had remained untouched ever since. Bitcoin traded at roughly $923 when the coins were originally received, making the 500 $BTC stash worth about $461,500 at the time. At current…

Despite the current market downturn, Matt Hougan, chief investment officer at Bitwise, said recent conversations with more than 40 financial advisors showed that interest in crypto remains strong. But their focus has shifted beyond Bitcoin. In a recent blog post, Hougan said he spoke with advisory teams, who collectively manage more than $175 trillion, and the discussions reflected a broader change in how traditional finance views digital assets and could shape the next phase of crypto market growth. Beyond Bitcoin According to the Bitwise CIO, previous crypto recoveries were driven by a combination of new technologies and new investor groups…

Vitalik Buterin, one of the most followed figures in the cryptocurrency market, has had his current portfolio allocation revealed. The data shows that the Ethereum founder holds the majority of his assets in Ethereum, and his portfolio is significantly focused on the main asset. According to portfolio data, Buterin holds approximately 224,144 ETH. At current prices, the total value of these assets is around $517.1 million. Looking at assets other than Ethereum, a more limited but noteworthy diversification is evident. Buterin holds approximately 1.75 million AETHLUSD tokens, a stablecoin belonging to the Aave ecosystem, worth approximately $1.75 million. In addition,…