Author: NBTC

Bitcoin, which fell to $60,000 in February, subsequently rose, but the sharp declines in June brought it below that level as well. Bitcoin’s rapid drop from $83,000 in May to $60,000 is thought to be influenced by factors such as Fed expectations, ETF outflows, and Strategy’s expectation of Bitcoin sales. At this point, Grayscale, one of the world’s largest cryptocurrency fund companies, analyzed the reasons for the decline in Bitcoin and listed its expectations for the future. In a recent report, Grayscale listed four main reasons for the decline in Bitcoin. The first, they stated, was a shift in expectations…

“We looked around, didn’t see anyone else stepping up,” Dietrichs told CoinDesk in an interview. “After two months of that, we looked at each other and said, ‘Well, if no one else is stepping up, then it has to be us.'” Dietrichs, along with four other former Ethereum Foundation researchers and developers, some of whom left the foundation just this year to launch EthLabs, a nonprofit dedicated to advancing Ethereum’s technical roadmap with a stronger emphasis on real-world adoption. The creation comes as Dietrichs describes Ethereum as entering a fundamentally different phase of its evolution. “The decade of infrastructure build-out…

Strict Licensing and Operational Requirements Taiwan’s Legislature on June 30 approved the Virtual Asset Service Act, establishing the island’s first dedicated cryptocurrency law and designating the Financial Supervisory Commission (FSC) as the sole regulator. According to reports, the 56‑article statute replaces an anti‑money‑laundering registration system with mandatory licensing for all virtual asset service providers. Under the regime, exchanges, custodians and wallet operators must obtain FSC approval and meet requirements for internal controls, cybersecurity and business continuity. Providers must secure separate licenses across seven categories — exchange, trading platform, transfer, custody, underwriting, lending and others — ending the practice of offering…

BitMEX, the troubled cryptocurrency exchange reportedly looking for a buyer, has cleared out its executive team, removing chief executive Stephan Lutz, chief financial officer Ina Steiner, and chief growth officer Raphael Polansky, CoinDesk has learned. The firm’s former global general counsel and chief operating officer, Peter Wilkinson, has taken over as CEO. The moves were highlighted in recent postings on LinkedIn. Wilkinson, Lutz, Steiner and Polansky did not immediately respond to requests for comment. Crypto exchange and derivatives trading platform BitMEX was co-founded in 2014 by Arthur Hayes, Ben Delo and Samuel Reed. In 2020, BitMEX was alleged to have…

In April 2026, a single forged message drained about $292 million from one cross-chain protocol. It took no exotic exploit and no novel cryptography. An attacker convinced the bridge that a transfer was authorized, and the bridge paid out. That incident is unremarkable in context. Cross-chain bridges have lost more than $2.8 billion to date, close to 40% of all value ever stolen in Web3. The average bridge hack runs about eleven times larger than the average non-bridge exploit. And here is the detail that should bother anyone building on this infrastructure: the bridges that lost hundreds of millions, Wormhole…

The downward trend in Bitcoin, which began in May, is still ongoing, with the price falling to around $58,000. While this situation has increased predictions of a bottom for $BTC, there are still numerous analyses suggesting that the decline may continue. At this point, Samson Mow, CEO of Jan3 and considered one of the Bitcoin maximalists in the market, argues that Bitcoin has already bottomed out and that the current four-year halving cycle is accelerating. Speaking to Coindesk, Mow noted that Bitcoin reached its all-time high 37 days before the halving in April 2024, and said the following: “The breaking…

Ethereum [$ETH] has faced renewed selling pressure after large holders reduced their positions by roughly 550,000 $ETH, valued at nearly $880 million, over the past week. The scale of the distribution reflected growing caution among major market participants and increased the available supply entering the market. As a result, Ethereum lost ground and slipped toward the $1,560 support area highlighted on the daily chart. The decline also aligned with weakening market structure after Ethereum failed to reclaim higher resistance levels earlier this month. Instead of attracting aggressive follow-through buying, each recovery attempt encountered renewed selling pressure. Buyers returned despite aggressive…

The Cardano ecosystem recorded several major developments over the past week. Most notably, the launch of the Leios public testnet led activity. There were also upcoming decentralized finance (DeFi) initiatives, renewed ecosystem funding, and an application-level security incident involving the SecondFi wallet. Here’s what happened in the Cardano ecosystem in the last week: Leios Public Testnet Goes Live Cardano officially launched the public testnet for Leios, its next-generation scaling protocol, on June 23. Named Musashi Dojo after the legendary samurai Miyamoto Musashi, the testnet marks one of the network’s most known technical milestones in years. Moreover, the upgrade is seen…

Institutional demand for perpetual futures remains limited, with the products largely viewed as speculative trading instruments rather than viable replacements for traditional derivatives, according to a Monday report by Wall Street bank JPMorgan. Based on conversations with clients and market participants, the bank said institutional interest in perpetuals has been muted. While the contracts offer 24/7 trading and eliminate futures roll costs, most activity is driven by traders seeking leveraged directional exposure rather than producers, consumers or other participants hedging underlying market risk. “Our due diligence within J.P. Morgan suggests that there is no/limited institutional demand that our desks are…

$BNB Chain has officially launched $BNB Agent Studio, a new platform designed to streamline the creation of artificial intelligence agents for blockchain applications. The initiative is developed in partnership with the Amazon Web Services (AWS) Generative AI Innovation Center and aims to lower the technical barriers for developers building on-chain solutions. What $BNB Agent Studio Offers The platform provides a suite of tools that allow developers to build, deploy, and manage AI agents directly from compatible development environments. These agents can autonomously execute tasks on the blockchain, such as interacting with smart contracts, processing data, or managing decentralized applications. A…