Author: NBTC

The Tron network delivered a remarkable performance in June, reaching its highest levels ever in both active users and transaction volume. According to data shared by the on-chain data analytics platform Lookonchain, the network recorded record levels of user activity and transaction volume throughout the past month. According to the data, the number of active accounts on the Tron network reached an all-time high of 26.97 million in June. The total number of transactions conducted on the network during the same period was recorded as 385.77 million. Thus, Tron achieved its strongest monthly performance to date in terms of both…

The blog comes as the Senate races to advance the Digital Asset Market Clarity Act before lawmakers break for their August recess. While the bill cleared the Senate Banking Committee, negotiators are still trying to resolve several contentious issues, including ethics rules for senior government officials with crypto ties, liability protections for decentralized finance developers, stablecoin yield provisions and concerns from Senate Agriculture Committee Democrats. Industry groups remain optimistic that the legislation can reach the Senate floor in July, but analysts have warned that failing to pass it before the August recess would sharply reduce its chances of becoming law…

Building secure obfuscation has proved brutally hard. An ideal version was proven impossible in 2001, which sent researchers after the weaker iO target instead, a roughly two-decade effort littered with broken attempts. The recent good news is that iO can now be built under reasonable security assumptions. However, the downside is that the runtimes are, in Buterin’s word, “galactic,” efficient on paper but absurdly slow in practice. Buterin compared the moment to where SNARKs, the zero-knowledge proofs now central to Ethereum’s scaling, sat around 2010, before years of optimization turned them from a curiosity into working infrastructure. The suggestion is…

At 10 a.m. EST on June 28, 2026, bitcoin traded at $60,041 per coin. The timing is not coincidental. Across Deribit, Binance, and OKX, max pain levels converge near $60,000, meaning that is the price at which the largest number of options contracts expire worthless, inflicting the maximum financial pain on options holders. Futures Open Interest Falls Across the Board Total bitcoin futures open interest (OI) across exchanges stands at approximately $42.6 billion in USD terms, well below the cycle peak near $95 billion hit in late 2025. The decline in OI mirrors bitcoin’s price retreat from its all-time high…

Amid the ongoing crypto weakness, Ethereum [$ETH] remains underwater, down 20%-45% YTD. Despite this drawdown, the leading altcoin continues to draw institutional interest. SharpLink resumed purchases after eight months, adding 5,000 $ETH, worth roughly $7.88 million at an average price of $1,576, through FalconX. Moments later, the crypto treasury reinforced the inflow with another 26.324K LSETH worth $45.54 million. These purchases pushed Sharplink’s total holdings to 876,285 $ETH, including 22,102 staked tokens. Source: Arkham Although the treasury holds nearly $1.71 billion in unrealized losses, accumulation suggests conviction in Ethereum’s long-term utility and staking income. If broader institutions continue absorbing weakness,…

GameStop will continue to pursue its unsolicited eBay takeover, weeks after the e-commerce company’s board dismissed the initial $56 billion cash and stock proposal from the retail gaming company as not attractive and borderline insulting. The video game retailer confirmed that it remained dedicated to completing the deal and said “additional materials regarding the proposed transaction are forthcoming,” according to Reuters. The company had promised to release a detailed presentation covering the strategic rationale and operational plan for combining the two companies earlier in the week, but the document had not been published by Friday’s close. GameStop’s first eBay bid…

California’s Digital Financial Assets Law will take effect on July 1. It requires any firm conducting digital asset business activity with state residents to hold a DFAL license, and have a completed application on file with the DFPI, or cease covered operations. Right now, as of public records, no Ripple entity appears among applicants. $XRP price has fallen below the $1.10 level at this moment of uncertainty. DFAL covers the exchange of digital assets for fiat or other digital assets, their transfer between persons, custody, and the issuance of reserve-backed instruments. It maps directly onto Ripple’s California-facing operations: payments infrastructure,…

The next fight over crypto perpetual futures regulation is moving into a place built for lawyers, incumbents, startups, and public-interest groups: the agency comment file. The Commodity Futures Trading Commission and Securities and Exchange Commission opened that process June 18, seeking public comment on how to further define swaps, security-based swaps, mixed swaps, novel products, event contracts, and possible alternative compliance approaches. That makes SEC-CFTC product definitions a market-structure issue that extends beyond a single listing. The joint request for comment turns the fight over crypto perpetuals and prediction-market products into a formal venue before the next wave of approvals…

A celebrity deal under scrutiny Polymarket struck a multimillion-dollar promotional deal with the streamer Adin Ross, according to a Wall Street Journal investigation that highlights an arrangement that placed one of the internet’s biggest personalities at the center of a larger marketing push that is now drawing scrutiny over inside-information trading. Ross, a 25-year-old streamer with a multimillion-follower count, has a lucrative deal with Polymarket, according to a person familiar with the negotiations cited by the Journal, and averages about half an hour per week on his livestream scrolling through the platform and commenting on potential trades. Polymarket and its…

Bitcoin miners weighed down the spot market after transferring another 19,560 $BTC to Binance. This is the fourth-largest $BTC inflow to the exchange since February, showing the current price range is putting pressure on mining companies. Bitcoin miners accelerated their exchange deposits in June, with another deposit of 19,560 $BTC. The recent wave of deposits follows an inflow of 23,000 $BTC earlier this month. According to Cryptoquant analyst Amr Taha, the recent inflows go beyond routine transfers and are a significant on-chain event. Miners strongly prefer Binance, with minimal inflows to Coinbase, HTX, OKX, Kraken, Bybit, Gemini, or other exchanges.…