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.
Funding stock buybacks by selling your primary reserve asset is a dangerous game, but Lite Strategy just pulled it off without using a dime of debt
Lite Strategy, a Nasdaq-listed company that holds Litecoin as its primary reserve asset, spent about $5.4 million repurchasing roughly 4.9 million shares through July 17. The company funded the purchases with an undisclosed mix of $LTC sales and covered-call premiums. The transaction shrank Lite Strategy’s reported Litecoin holdings but appears to have lifted $LTC backing per outstanding common share by about 1.7%. In a July 30 filing, the company said it paid an average of $1.11 and retired about 13% of the shares outstanding when the program began, without using debt. It reported 819,070 $LTC and 31,882,648 outstanding common shares…
The American Arbitration Association (AAA), one of the world’s largest providers of private dispute-resolution services, has launched a specialist panel for blockchain and digital-asset cases, giving companies access to arbitrators with expertise in the technical and legal complexities of crypto disputes. On Wednesday, the AAA said that its new Web3 Panel brings together arbitrators with experience across law, technology, academia, litigation and digital-asset businesses. The panel is designed to address disputes arising from increasingly automated and decentralized commercial systems, including disagreements over contract interpretation, governance, asset control, cybersecurity, transaction records and cross-border enforcement. The move signals that mainstream legal institutions…
Hyperliquid is reportedly testing a KYC (Know Your Customer) feature with an allowlist, raising questions about the decentralized exchange’s (DEX) plans. According to analyst Rajiv Patel, the platform pushed a new feature, dubbed Stars, that allows deployers to make a HIP-3 (commodity futures) allowlist for trading. The allowlist can have up to 10K addresses; those not included can only fund their accounts but not trade. Sounds like a centralized exchange (CEX), right? Most analysts speculated that the move could be a push to activate a front-end for U.S. users, calling it a ‘Hyperliquid U.S.’ In fact, crypto investor McKenna also…
Bitcoin endured a heavy liquidity outflow between October 2025 and February 2026, before staging a rebound across March and April that largely restored the positive sentiment surrounding the asset. That relief rally proved short-lived, however, as Bitcoin [$BTC] slipped back onto a downward path through May and has held to that same structure since June began. Market activity now reads as decidedly subdued, and the threat of a deeper drop continues to build. Yet beneath that pressure, Bitcoin may have quietly carved out a key support zone—one that could seal off the path to further decline and reshape how the…
Cathie Wood’s Ark Invest has purchased about $52.1 million of SpaceX stock, lifting its investment since the June IPO above $475 million as the shares trade below their $135 offer price. According to Ark Invest Tracker, Ark bought the shares through its ARKK, ARKQ, ARKW, and ARKX exchange-traded funds during the week ending July 10. The purchases followed roughly $444 million of buying around SpaceX’s June 12 market debut. Wood’s latest move came as SpaceX lost much of its early IPO gain. After opening at $150 and reaching $225.64 shortly after its listing, the stock closed at $131.11 on Thursday,…
As August 2026 began, Ripple pulled off its classic escrow maneuver, but with one important shift in transaction timing. Every month, $XRP holders await the release of one billion tokens, bracing for pressure on the order books. This time, however, the company moved first and on Aug. 1, Ripple preemptively locked 700 million $XRP back into escrow in two tranches of 200 million and 500 million, according to $XRP Scan data. Only after that did the system release the main 1 billion $XRP in three consecutive portions of 500 million, 300 million and 200 million tokens. This maneuver reduced the…
Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act
Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act. Speaking on the Senate floor, Senator Lummis, of Wyoming, spoke of the bipartisan work that had gone into the bill — but questioned why it was stalling. Lawmakers are hoping the Clarity Act gets passed before Congress departs for August recess. While the bill has been drafted bipartisanly, some Democrats are unhappy with the current version. JUST IN: Republican Senator Cynthia Lummis calls out the Democrats for holding up the Clarity Act:”After nearly 11 months of giving almost everything asked of us, I genuinely don’t know…
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Crypto exchange Kraken is offering retail investors access to the planned Jersey Mike’s initial public offering, allowing eligible US customers to request allocations of the sandwich chain’s shares and users in more than 110 countries to request tokenized shares backed 1:1 by the underlying stock. Eligible US customers can submit interest in book-entry Jersey Mike’s shares at the IPO price, while global customers can request JMKEx, a tokenized version of the stock with the backing shares held in regulated custody. Allocations are determined by the IPO underwriter and are not guaranteed. JMKEx will begin trading 24 hours a day, five…
The Federal Reserve stood pat on Wednesday, keeping its benchmark interest rate steady while policymakers monitor economic data and inflation progress that’s grown complicated by geopolitical tensions in the Middle East. The U.S. central bank maintained a target range for the federal funds rate of 3.5% to 3.75%, the fourth time this year in which officials have chosen to prolong a wait-and-see posture. As the U.S.-Israeli conflict with Iran has squeezed global oil supplies, investors have braced for the prospect of tighter monetary conditions that could pressure risk assets. Yet the Fed’s latest decision comes as both sides have touted…
The US stock market is breaking records, with the S&P 500 surpassing 7,534 points. It has risen 75% over the past five years, but only a small part of the world is profiting from this growth. Coinbase CEO Brian Armstrong is convinced that the traditional financial system has become a closed club and that only tokenization can fix it. “Imagine being on the sidelines of this growth,” Armstrong wrote. According to him, billions of people do not even need to imagine it, because strict geographical barriers, complex compliance requirements, and brokerage bureaucracy leave them with no practical way to buy…