Author: NBTC

SpaceX (SPCX) shares will begin trading on Solana the same day the company is expected to list on Nasdaq, according to Sunrise, a tokenization infrastructure provider, and Backpack Securities, a regulated brokerage and crypto trading platform, which are launching a tokenized version of the stock called SPCX. The token, issued by Backpack, represents ownership of underlying SpaceX shares and can be redeemed for those shares through Backpack’s brokerage platform. The firms say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets. The launch attempts to bring newly listed U.S. equities…

After springing back to life on the back of positive CLARITY Act development, the price of Bitcoin has been relatively quiet over the past few days. The premier cryptocurrency, which had been dancing around $82,000, is now barely above $78,000. According to a crypto trader on the social media platform X, the latest decline in Bitcoin’s price might not be what it seems and could be a fakeout. Divergence Between $BTC Price, Open Interest Suggests Imminent Reversal Pseudonymous crypto pundit Cryptic Trades took to the X platform to share an interesting take on Bitcoin’s recent price decline. The market analyst…

Grayscale, one of the largest digital asset managers, has deposited 19,548 Ether ($ETH) — valued at approximately $32 million — into Coinbase Prime within the past hour, according to blockchain analytics firm Arkham Intelligence. Details of the Transaction The transfer was detected and publicly flagged by Arkham’s on-chain monitoring tools. The funds originated from Grayscale’s Ethereum Trust wallet address and were sent directly to Coinbase Prime, the institutional trading and custody platform operated by Coinbase. The transaction occurred in a single batch, indicating a coordinated move rather than a series of smaller transfers. What This Means for the Market Large…

Major banks and macroeconomic institutions on Wall Street have begun to increasingly postpone their expectations for Fed interest rate cuts. Particularly after the April non-farm payrolls data, some institutions were seen to have completely abandoned or delayed their previously anticipated rate cuts. About half of the institutions following the Fed no longer expect any interest rate cuts in 2026. Market commentators note that if the current trend continues, the number of institutions holding the “no rate cut” view could increase further. Analysts point out that the resilient outlook for inflation and the strong labor market are putting pressure on the…

A series of invalid transactions in the MimbleWimble Extension (MWEB) caused a temporary chain split on April 25. The mining group f2pool detected the anomaly and led the reorganization process to resume the valid chain after 13 blocks of conflict. The coin’s founder highlighted that the quick action of major miners prevented a major consensus failure and long-term damage to the ecosystem. On April 25, the crypto ecosystem experienced moments of tension when unusual activity related to invalid transactions in the MimbleWimble Extension (MWEB) was detected. Faced with this scenario, Charlie Lee se pronuncia sobre Litecoin to recognize the importance…

While the US House of Representatives continues deliberations in the Senate on the Clarity Act, which aims to create a regulatory framework for the cryptocurrency market, it will shift its focus this week to crypto tax reform. The House of Representatives’ Ways and Means Committee, the main committee responsible for tax legislation, will consider comprehensive changes to the taxation of digital assets at a hearing on Tuesday. Experts from Fidelity, Coinbase, Coin Center, and New York University will share their views at the hearing. The committee will also review seven separate draft regulations aimed at reshaping how digital assets are…

At the core of Bitcoin’s market structure is miner conviction. The logic is straightforward: miners are typically the first cohort to capitulate when profitability comes under pressure. As $BTC weakens, shrinking revenues and tighter margins can force less-efficient miners offline as they struggle to cover operating costs. Notably, on-chain data suggests that pressure has been building this cycle. As the chart below shows, Bitcoin’s hashrate has declined by more than 25% since October 2025, marking one of the longest sustained drawdowns on record. This suggests a significant portion of mining capacity has exited the network as economic conditions have deteriorated.…

Swellchain (SWELL) has confirmed via its official X account that it will permanently shut down its native network on June 15. The decision follows an earlier announcement in April, in which the project revealed plans to discontinue its own blockchain infrastructure to concentrate resources on Faro, an artificial intelligence intelligence platform built on the Hyperliquid (HYPE) ecosystem. Background and Timeline The shutdown marks a strategic pivot for Swellchain, which initially launched as a layer-2 solution aimed at improving scalability and liquidity within decentralized finance. According to the project’s April announcement, the native network will cease operations on June 15, but…

Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the company’s STRC perpetual preferred stock. “Big Dot Energy” was Saylor’s tweet late Sunday morning to accompany a bubble chart tracking Strategy’s BTC purchases over the past nearly six years. That chart, from Iceland-registered StrategyTracker.com, has been consistently posted by Saylor in the days ahead of a corporate purchase. Saylor’s “Big Dot Energy” message on Sunday. Source: Michael Saylor on X.com A…

Ethena’s first product with Coinbase is now live, bringing a $USDe powered high yield vault to Coinbase users. The first product in the Ethena ✦ Coinbase collaboration is now live. The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by $USDe on @Morpho. Coinbase’s user base now has access to a best in class savings rate through the vault, live in the… pic.twitter.com/xYG7gGW8mJ — Ethena (@ethena) June 11, 2026 https://x.com/ethena/status/2065147131070210236?s=20 https://x.com/ethena/status/2065147131070210236?s=20The Steakhouse High Yield Vault has launched inside the Coinbase app, using Ethena’s $USDe through Morpho, according to Ethena. The product gives Coinbase users access to a higher…