Author: NBTC

While Bitcoin and the altcoin market in general continue to trade with high volatility, some on-chain data suggests that cryptocurrency whales are quietly accumulating. At this point, the cryptocurrency analysis platform Santiment noted an explosion in whale activity in two altcoins. According to Santiment, the altcoins Lighter ($LIT) and Mantle (MNT) have seen their highest whale transactions exceeding $100,000 in the last six months. This indicates that large investors are becoming increasingly active despite the uncertain market environment. According to the data, $LIT is giving a strong signal with 86 trades above $100,000, while Mantle is showing a strong signal…

The central bank of Kazakhstan has issued its first license for crypto exchange operations under the country’s recently updated legislation for digital assets. The permit will allow the authorized company to buy, sell and store cryptocurrency outside the narrow legal framework of the financial hub in the nation’s capital, Astana. Kazakhstan starts licensing cryptocurrency exchanges The National Bank of Kazakhstan (NBK) has granted the first license for crypto exchange services to a local company called Pax Finance. The Astana-based entity will now be able to trade, keep and swap digital currencies for fiat, open branches and install Bitcoin ATMs across…

Artificial intelligence is becoming the new interface for the internet. MoonPay believes buying crypto should be as simple as asking an AI assistant. With the launch of its crypto onramp inside Claude, the company is now live across ChatGPT, Claude, Grok and Perplexity, becoming the first crypto onramp available across all four major AI assistants. The expansion gives MoonPay access to platforms that collectively reach an estimated one billion users. “The general population will never download an exchange app for crypto, but a billion of them already talk to an AI every day,” said Efren Plasencia, GTM Lead at MoonPay…

Bitcoin $BTC$62,666.58 and the broader cryptocurrency market came under pressure Tuesday after the US and Iran exchanged aerial strikes, sending the dollar higher. $BTC, the leading cryptocurrency by market capitalization, slipped to $62,657 in Asian trading hours, down nearly 1% since midnight UTC, according to CoinDesk data. Ether (ETH), $XRP ($XRP), and solana (SOL) fell between 1% and 2.3%. WTI crude futures jumped more than 2% to $72.27, while the Dollar Index held steady above 101.00, maintaining Tuesday’s gains. The U.S. said it launched “powerful strikes” against Iran following attacks on three ships in the Strait of Hormuz, including Qatari…

In an opinion shared on X today, Tether CEO Paolo Ardoino warned that Big Tech’s efforts to build AI data centers depend on subsidized computing and hardware that lose value within three to five years. He believes four structural mismatches are putting the sector at risk. This warning comes as hyperscalers invest record amounts in infrastructure despite not seeing any clear returns on investment. The four issues that must be fixed Ardoino said that AI companies are subsidizing computing to attract more users and are investing heavily in infrastructure that only lasts three to five years. He listed four main…

Zcash developers are using formal verification for the upcoming Ironwood network upgrade and shielded pool to rule out undetectable counterfeiting bugs after a recently disclosed vulnerability in Orchard exposed the limitations of relying on conventional code audits, as explained by developer and crypto researcher Sean Bowe in a Tuesday blog post. Ironwood is designed to address an accounting flaw discovered in the Orchard shielded pool and restore confidence in the cryptocurrency’s supply integrity. The flaw was discovered by Shielded Labs researcher Taylor Hornby and patched before any known exploitation. According to the developers, undetectable counterfeiting can only arise from flaws…

U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins, in a speech at The Economic Club of New York, signaled a fundamental shift in the regulatory approach to crypto assets. In her statement, Atkins said the following: “Over the past year, we have taken steps to purposefully respond to President Trump’s call to make America the crypto capital of the world. We are taking historic steps to facilitate on-chain market movement by modernizing our rules and regulations.” Related News CEO of a Crypto Firm Managing $4 Billion Shares Two Altcoins He Believes Are Bullish Atkins’s speech was framed within…

Prediction markets surpassed $50 billion in monthly trading volume for the first time in June, with activity jumping 75% from May, according to Artemis data. The milestone coincided with the FIFA World Cup, making June as much a test of event-driven demand as a new market record. Kalshi remained the largest venue, recording roughly $33 billion in monthly volume. Polymarket processed $14 billion combined across its international platform and its recently launched US-regulated exchange. Rothera, the Robinhood-backed venue, added roughly $2 billion. Prediction markets trading volume. Source: Artemis A World Cup or a New Baseline? The World Cup, which began…

The Coinbase Bitcoin Premium Index has experienced the longest-ever 50-day consecutive negative premium, according to Coinglass data. This indicates that institutions have been net sellers rather than aggressive buyers, or that institutional demand in the United States has been muted for a long time. Although a protracted negative premium frequently indicates short-term market weakness and cautious sentiment and does not always portend a long-term bearish trend. Source: CoinGlass Is another decline incoming? Meanwhile, the short-term average of Bitcoin’s Net Unrealized Profit/Loss (NUPL) crossed below the longer-term average on the 2nd of June. This happened when the 30-day EMA was at…

Inside the Federal Reserve’s Latest Numbers The Federal Reserve’s H.6 money stock release, published yesterday, put seasonally adjusted M2 at $23,052.3 billion for May, up from $22,804.5 billion in April (a one-month jump of $247.8 billion). M2 is the broadest commonly cited measure of U.S. money, covering cash, checking deposits, savings deposits and retail money market funds. The gauge has now risen every month this year, climbing from $22,429.3 billion in January, an expansion of roughly $623 billion in four months. For scale, that four-month increase alone approaches the annual economic output of a mid-sized European country. Chart showing US…