Author: NBTC

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.…

Bitcoin Price Prediction: The Saylor Story Is Getting More Complicated Bitcoin is once again trading near the critical $60,000 level, and the market is struggling to find a strong recovery signal. But this time, the biggest story may not be Bitcoin’s price alone. The more important question is what is happening around Strategy, Michael Saylor’s Bitcoin-focused company, and whether one of the strongest bullish engines in the market is starting to lose power. For years, Strategy was more than just a public company holding Bitcoin. It became a symbol of institutional conviction. Every new $BTC purchase from Michael Saylor reinforced…

Ethereum is trying to rebound from fresh lows, but the move still looks corrective while price stays below major resistance. Buyers need to defend the 2025 low near $1,385, or $ETH could extend its downtrend. Ethereum Bounce Faces Resistance Near $1,668 Ethereum is attempting a short-term rebound after forming a new low, but the broader setup still points to a corrective move rather than a confirmed reversal. $ETH/USD 30-Minute Chart. Source: @Morecryptoonl on X The chart shows $ETH trading near $1,580 after bouncing from Friday’s low. The analyst’s preferred Elliott Wave count suggests the recent low may have completed wave…

All 32 of America’s largest banks made it through the Federal Reserve’s annual stress test on June 24. This year’s scenario was unusually brutal: the Fed asked them to imagine unemployment climbing to 10%, commercial real estate prices falling 39%, home prices dropping 30%, and roughly $708 billion in losses landing across the group all at once, and even with all of that piled on, the banks came out the other side still holding enough capital to keep lending and keep paying their shareholders. Here’s where it gets a little strange, though. For all the attention this exercise tends to…

Ripple President Monica Long is scheduled to speak at an upcoming event in Seoul, South Korea, and the community is anticipating her appearance. According to a tweet from the $XRP Seoul X account, the $XRP Seoul 2026 event, hosted by $XRP Ledger Korea, takes place on October 3 during KBW (Korea Blockchain Week), connecting $XRP holders, builders, and ecosystem projects worldwide. Ripple President Monica Long is expected to participate in the event. We’re honored to welcome @MonicaLongSF, President of @Ripple.Monica leads Ripple’s Business, Product and Engineering teams, building Ripple into a one-stop shop to move, manage, hold and tokenize value.…

South Korea’s ruling Democratic Party is taking a concrete step toward shaping the next phase of the country’s digital asset regulations by meeting with the Solana Policy Institute. Lawmakers Ahn Do-geol and Lee Kang-il are hosting a seminar today at 5:00 a.m. UTC, titled ‘Global Digital Asset Regulatory Trends and South Korea’s Legislative Path,’ to examine international legislative developments and explore how they might influence domestic policy. Solana Policy Institute Joins Legislative Discussion Miller Whitehouse-Levine, CEO of the Solana Policy Institute, is scheduled to present an overview of major U.S. digital asset legislative trends and governance changes. The institute, which…

Bullish has become the first centralized exchange to list SoFiUSD, extending the reach of SoFi’s bank-issued stablecoin beyond its consumer banking platform into institutional digital asset markets. The exchange announced on June 22 that SoFiUSD is now live for trading on Bullish Exchange. The stablecoin, issued by SoFi Bank, N.A., is described as the first U.S. dollar stablecoin issued by a U.S. national bank. The listing marks the first time SoFiUSD has become available on a centralized exchange since its launch in May, when SoFi introduced the stablecoin to its nearly 15 million members. SoFiUSD expands beyond SoFi’s banking ecosystem…