Author: NBTC

The abrupt reversal in $CASHCAT has created both winners and losers across the market. One trader is sitting on more than $529,000 in unrealized gains from a short position. Meanwhile, others have suffered six-figure losses as the Robinhood Chain meme coin fell more than 70% from its recent high. Notably, trader 0xc36a opened a short position on $CASHCAT two days ago and has since accumulated $535,510 in unrealized profit as the token continued its steep decline. Trader 0xc36a account. Source: https://hypurrscan.io/ Long Traders Suffer Heavy Losses While short sellers benefited from the selloff, bullish traders were caught on the wrong…

Chandler Fang, cofounder of t54ai, a company building an agentic economy on the $XRP Ledger, makes a prediction for Ripple USD ($RLUSD) stablecoin as agentic payments gain traction. According to Fang, given that $RLUSD natively supports x402 and all mainstream agentic protocols by Google and Mastercard, it has the potential to unlock hundreds (and, in the future, millions) of agentic merchants and services. $RLUSD natively support x402 and all mainstream agentic protocol by Google and Mastercard. Holding and using $RLUSD will unlock hundreds of (in the future millions of) agentic merchants and services. $RLUSD, the agent native stablecoin in Korea…

A look at Bitcoin’s [$BTC] spot flows from exchanges revealed that $BTC worth $211.24 million moved into exchanges over the past week. On top of these inflows, analysis of the circulating supply in profit showed the market regime was between bottom discovery and liquidity accumulation. The market sentiment has been predominantly pessimistic in 2026. The Fear and Greed Index readings have ranged between 28 and 40, while Bitcoin has seen high short-term volatility since March. The $65K bottleneck has presented a considerable challenge to Bitcoin bulls lately. Additionally, capital inflows and fresh liquidity have been scarce. According to AMBCrypto, here…

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction. Investors could lend money to Washington for seven years, collect regular interest, and lock in a return approaching 4.5% before the Federal Reserve announced its next rate decision. Bitcoin offered no comparable promise. It pays no contractual interest, can lose several percentage points in a day, and requires investors to believe future appreciation will justify the added volatility. The Treasury auction therefore raised Bitcoin’s hurdle…

Talk about crypto trading with any savvy trader, and the first thing that comes up these days is perpetual futures, or “perps” — derivatives contracts that allow traders to control a much larger position than the money held in the account. Perps work like standard futures, but with one key advantage: there is no expiry. While bitcoin and ether traders can dabble in spot, futures, options, perpetual futures and even structured products, for traders of other altcoins, perps are perhaps the only avenue for derivatives available to them. Dated futures (those with expiry) for altcoins are illiquid, and the spot…

Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The original meeting date fell two days after the stated July 29 redemption deadline. DAAQ said in a July 31 filing that it would continue soliciting proxies but gave no reason for the delay. The postponement did not automatically reopen redemptions. DAAQ’s final prospectus says investors could withdraw a redemption request through the deadline and afterward only with the company’s consent before closing. The…

Something unexpected happened to crypto exchanges over the past 18 months: they quietly became some of the fastest-growing venues for trading gold, stocks, and commodities. According to a new joint report by CoinGecko and MEXC, the market for crypto exchanges’ traditional assets — spanning stocks, precious metals, commodities, and forex — expanded by 366.7% between January 2025 and June 2026, growing from $1.41 billion to $6.59 billion in actively-traded market capitalization. The numbers tell a story of a structural shift, not a temporary blip. Key takeaways Crypto TradFi market capitalization grew from $1.41B to $6.59B between January 2025 and June…

Bitcoin [$BTC] continued to struggle as restricted capital inflows kept it near half its October 2025 all-time high. Chart analysis from Alphractal’s Joao Wedson suggested Bitcoin could remain subdued until it cleared a key resistance structure. Source: TradingView/X Wedson mapped the structure from Bitcoin’s October 2025 peak. The chart tracked a descending path where Bitcoin tested the upper resistance boundary three times across more than ten months. However, $BTC failed to produce a decisive breakout rally. The formation usually turned bullish after a breakout gained sustained momentum. Bitcoin had yet to deliver such a move. A strong breakout could send…

Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug. 3 face automatic cash redemption rather than an exchange sale. The Bitwise Funds Trust board voted June 30 to liquidate ICOI, IMRA, IMST, IGME, ICRC, and IETH, according to an SEC prospectus supplement. The products use option-income strategies tied to Coinbase, Marathon Digital, Strategy, GameStop, Circle, and Ethereum. The funds were set to stop accepting creation and redemption orders after the July 31 close. Bitwise’s corrected timetable puts the final net asset value calculation on Aug. 7 and expects proceeds…

A Colorado-based wealth manager has disclosed a new investment in the Canary $XRP ETF. It is yet another institutional firm that has gained exposure to $XRP through recently launched exchange-traded funds. According to a Form 13F-HR filed with the U.S. Securities and Exchange Commission on July 17, Gallacher Capital Management LLC reported holding 86,744 shares of the Canary $XRP ETF ($961,126 as of June 30). Institutional $XRP ETF holdings keep growing Gallacher’s disclosure follows several other recent 13F filings showing fresh institutional exposure to $XRP-linked investment products. On July 16, registered financial advisor Vista Finance reported owning 129,958 shares of…