Author: NBTC

A $250 million medical clinic launched by Cardano creator Charles Hoskinson is shutting down after scaling too quickly and burning through cash left it “no longer financially sustainable.” When the Hoskinson Health and Wellness Clinic opened in Wyoming in 2023, Hoskinson claimed it would become the “Mayo Clinic of the West,” where a wide variety of specialised healthcare would be available to locals from the rural region. However, despite the fanfare, in December 2025, two concreting firms created by Hoskinson, which were helping to expand the clinic, announced 136 layoffs. The clinic itself then announced a further 40 job cuts…

edgeX has completed the first part of its goodwill payment program for users affected by the June 2 $EDGE crash. The derivatives platform said approved users can now claim 50% of their verified compensation in $USDC. The remaining 50% will arrive in the first week of April 2027. edgeX plans to pay that portion in $EDGE tokens using the token’s seven-day average price at distribution. edgeX completes first $USDC payment tranche “The goodwill payments for eligible users affected by the June 2 incident have now been successfully distributed,” edgeX said. The program covers users whose $EDGE long positions were liquidated…

US Treasury Secretary Scott Bessent said Washington could sanction Chinese AI companies if it finds evidence that they stole intellectual property from American model developers. Speaking on Fox Business on Tuesday, Bessent said the Trump administration supports open source AI but would not tolerate foreign companies copying US technology. “If we see, especially, that overseas models are stealing from our great companies, we have the ability to sanction them because of this theft,” he said. The warning comes as Chinese models, including Moonshot AI’s Kimi K3, gain ground in coding, agentic tasks and other areas dominated by OpenAI and Anthropic.…

Richard Teng, CEO of Binance, recently announced that the exchange has achieved over $1 billion in assets under management (AUM) in equities. This significant milestone highlights Binance’s growing role in the equities market and reflects increasing trust from institutional investors. For more details, see Teng’s statement on Twitter. The Story So Far The crypto market has shown mixed signals recently, with varying momentum across major assets. Richard Teng’s announcement of over $1B in AUM for equities comes at a time when institutional interest in cryptocurrency investments is rising. This achievement positions Binance as a key player in the evolving landscape…

As of June 23, 2026, Bitcoin (BTC) is experiencing a period of consolidation and bearish sentiment across various technical indicators. The cryptocurrency market continues to navigate macroeconomic uncertainties, influencing investor behavior and price movements. This analysis delves into key technical indicators to provide a comprehensive overview of Bitcoin’s current market position and potential short-term trajectories. Technical Overview Bitcoin Price Chart – June 23, 2026 Moving Averages (EMA & SMA) Moving Averages are fundamental tools for identifying trend direction. A consistent theme across both Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) for Bitcoin on June 23 is a strong…

Forward Industries (FWDI), a company that has been accumulating Solana (DAT) as part of its treasury strategy, announced it will be added to the Russell 2000 and Russell 3000 indexes. The adjustment, confirmed in a Globe Newswire press release, is scheduled to take effect after the U.S. stock market opens on June 29. Index Reconstitution Details This year’s reconstitution of the Russell indexes was based on the top 3,000 U.S. companies by market capitalization as of April 30. Inclusion in these widely followed indexes typically leads to increased visibility among institutional investors and can trigger passive fund inflows. Strategic Implications…

Thomas Braziel, CEO of the crypto investment and advisory firm 117 Partners, has publicly called on the Cardano ($ADA) Foundation to provide a detailed account of how it utilized approximately 1,090 Bitcoin ($BTC) received during the project’s initial coin offering (ICO) in 2015. The demand, made via a post on X, raises questions about the governance and financial stewardship of one of the blockchain industry’s most prominent foundations. The Origins of the Demand Braziel’s request stems from his review of corporate registration documents and information publicly available on the official Cardano website. His findings indicate that the foundation’s initial legal…

Bipartisan talks on the CLARITY Act’s ethics provisions resumed on Capitol Hill on Tuesday, with negotiators working through the language that has become the bill’s final and most stubborn obstacle. According to reporter Eleanor Terrett, lawmakers are also discussing DeFi provisions in parallel, but ethics remains the primary sticking point holding up the legislation. The two tracks are moving simultaneously, though insiders say the ethics question needs to close before anything else can. A spokesperson for Senator Cynthia Lummis offered the clearest sign yet that a resolution may be close. Asked about the state of negotiations, the spokesperson said last…

Strike recently announced its latest enhancements aimed at improving the experience for Bitcoin users. According to their official tweet, they have introduced Plaid support, consumer lending options in Washington, and a faster method for loan repayments. This proactive approach is part of their ongoing commitment to better serve the Bitcoin community, as detailed in their Twitter thread. The Story So Far The broader crypto market is currently displaying mixed signals, which adds context to Strike’s recent updates. The announcement comes at a time when traders are keenly observing shifts in user engagement and service offerings across platforms. With the introduction…

Bitcoin dropped below $63,000 on Tuesday as technical weakness, institutional outflows, and leveraged selling combined to deepen pressure across the cryptocurrency market. $BTC traded near $62,491 at press time, down 3% over 24 hours, while the global crypto market value fell 3.47% to $2.14 trillion. Ether lost more than 6%, and BNB declined over 4%, while Solana and HYPE each fell more than 7%. Bitcoin’s $66K Rejection Puts $62K Support Back in Focus The sell-off began after Bitcoin climbed toward the $65,500 to $66,100 resistance zone on Monday but failed to secure a breakout. That rejection reversed short-term momentum and…