Author: NBTC

The largest cryptocurrency, Bitcoin, has entered a month that has often been weak for the crypto market. While prediction market Kalshi shows traders expect Bitcoin to have a better chance of crossing $67,500 in August. Crypto analyst Joao Wedson believes the market has not reached its bottom yet, suggesting more downside could still be ahead. Bitcoin Is Struggling Above $65,500 Bitcoin is currently trading near $64,953, leaving the $65,500 level as an important hurdle. More importantly, $BTC is trading below the short-term holder realized price of about $67,523. This creates a key problem for the recovery. Investors who bought Bitcoin…

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. An $NFT collection on Robinhood Chain now has a higher floor price than Bored Ape Yacht Club. It has 630 owners. And its price is not really a price at all — it is a formula. Here is what StonkBrokers actually does, why the math behind the floor matters more than the chart, and what the rest of the Robinhood Chain $NFT market looks like. New to the chain itself? Start with our guide to…

Banca d’Italia has released a July 2026 study finding that stablecoin remittances do not consistently beat traditional transfer services on cost or speed. Researchers executed real transfers of 200 $USDC across ten corridors linking Italy with Argentina, Brazil, South Africa, the United Arab Emirates and Japan. The mystery-shopping study recorded total costs from 0.30% to almost 9%. The blockchain leg averaged only 0.4%, while exchange purchases, funding methods, withdrawals and foreign-exchange conversion produced most of the expense. The authors said stablecoins showed “no systematic cost advantage” over traditional channels. Stablecoin remittance costs varied sharply by corridor The Italy-to-Argentina transfer was…

The U.S. crypto industry is still waiting for the CLARITY Act. The legislation was expected to establish clearer rules for digital assets, but continued delays have left exchanges, token issuers, and blockchain companies operating without a consistent regulatory framework. As uncertainty continues, many investors are paying closer attention to projects with transparent roadmaps and clearly defined products. MemeToro ($MT) is one of the presales gaining attention by focusing on platform utility rather than relying only on market hype. The CLARITY Act Delay Continues to Affect Crypto The CLARITY Act was introduced to help answer one of the industry’s biggest questions:…

Revenue was $43mn against the $75mn analysts expected and $115mn a year earlier. Shares fell from Friday’s close of $1.43 to $1.15 in pre-market trading in the hour to 12:00UTC, a drop of 20% and their weakest level in two months. They stood at $1.28 by 14:00UTC, half an hour after the US market opened, down 10% on the day, according to TradingView. The Singapore-based company sells cloud mining, where customers buy a share of computing power BitFuFu operates for them and keep the Bitcoin ($BTC) it produces, rather than buying and running machines themselves. That business was 82% of…

Bitcoin holders could lose real $BTC if they try to sell coins created by a potential BIP-110 chain split without first separating their balances. BIP-110 fork could put real Bitcoin at risk Bitcoin developer Kevin Loaec warned holders against moving coins following a possible BIP-110 chain split, citing the risk of replay attacks. ⚠️IMPORTANT⚠️In the next couple of days, a new shitcoin will fork off Bitcoin. It is a big security risk for people who just believe they will get an “airdrop” and want to sell it, to get more bitcoin.I will write more about it, but here is the…

OpenSea, once one of the most prominent companies in the cryptocurrency industry, has slowly been bleeding users and relevancy over the past four years. The site went from leading the charge during the $NFT (non-fungible token) hype train, seeing over $2.7 billion in volume in a single day in May of 2022, to dwindling to what’s likely to be less than $20 million in turnover for the entire month of August this year. But two years ago, the founder of OpenSea, Alex Atallah, made a pivot to artificial intelligence by starting a company called OpenRouter – and this week it…

Ken Griffin’s Citadel has bought most of Situational Awareness’ AI stock portfolio at a discount, a move that represents another victory for the billionaire villain of the crypto industry. Indeed, despite years of criticism about Griffin’s traditional finance tactics, the crypto industry keeps giving him more assets. From a copy of the US Constitution, payment for order flow, equity in a $40 billion crypto holding company, and a new distressed portfolio of cheap AI stocks, crypto traders are far too willing to further enrich the billionaire CEO. Margin calls gutted former FTX Future Fund member Leopold Aschenbrenner’s AI hedge fund…

U.S.-listed Bitcoin mining firms CleanSpark, BitFuFu, and Canaan all reported lower Bitcoin production in July compared with June, according to data shared by The Block on X. The declines ranged from roughly 5% for CleanSpark to about 28% for Canaan, with BitFuFu seeing a 10% drop. Mining Output Declines Despite Bitcoin Price Recovery The production dips come even as Bitcoin’s price rebounded from around $58,500 at the start of July to roughly $63,000 by month-end. That price recovery, however, did not translate into higher output for these miners, suggesting operational factors rather than market conditions drove the reductions. All three…

On March 6, 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve, and most of the attention went straight to the grand idea: America had built a digital Fort Knox, the government would stop selling Bitcoin, and Washington could perhaps add more without charging taxpayers. However, the executive order’s operative language was less glamorous but contained several important details that would determine whether the Strategic Reserve succeeded. Every federal agency had 30 days to give Treasury a full accounting of its digital assets, identify the custodial accounts holding them, and review whether eligible Bitcoin could legally…