Author: NBTC

In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. In the days leading up to a pivotal Senate Banking Committee vote on the CLARITY Act, the American Bankers Association mounted an extraordinary lobbying blitz, sending more than 8,000 letters to Senate offices in less than a week. The target was not the bill as a whole, much…

Mode Trade has announced the listing of five new RWAs, including popular stocks like $AAPL, $AMZN, and $MSFT. This development comes as the broader crypto market exhibits mixed signals, creating a unique trading environment for participants. More details can be found in the official announcement from Mode Network. The Story So Far The recent launch of five new RWAs on Mode Trade marks a significant development for traders seeking to leverage their positions on major stocks like $AAPL, $AMZN, $MSFT, $SAMSUNG, and $LITE. With the option to trade these assets with up to 10X leverage, traders are presented with new…

Scaramucci Still Rides With Saylor Scaramucci reiterated his for Saylor’s Bitcoin accumulation approach, hinting at the prospect of a turnaround once the current turbulence clears. “Not a billionaire but you should think about not being left behind,” the Bitcoin bull said. “I ride with Saylor.” Scaramucci noted that the “Michael Saylor is going to get liquidated” narrative is gaining steam, but there is scope to gain “advantage” by buying at the lows. Scaramucci’s Advice To Novices Scaramucci also posted a clip from an interview dated April 15, where he urged young investors to do their “homework” and avoid buying Bitcoin…

Ethereum’s first zero-knowledge rollup, Loopring, announced Sunday the closure of its decentralized exchange and automated market maker, ending all trading services and halting the relayer effective immediately. In a post on X on Sunday, the team cited three main reasons for the closure: its failure to gain meaningful adoption, a lack of business development skills and being technologically surpassed by modern zkEVM solutions. “To be honest, Loopring never gained meaningful adoption,” the team said. “As the first zk-rollup, we lacked a virtual machine – no composability, no real‑world payment use cases. That limitation kept our ecosystem from growing.” Loopring was…

Crypto treasury company Sharplink, which resumed buying Ether last week after an eight-month pause, has bought a total of $62.4 million worth of Ether since Thursday. Onchain data from Arkham shows that after Sharplink bought 5,000 $ETH on Thursday, it bought another 5,000 $ETH (worth $7.9 million) on Friday, followed by 29,196 $ETH (worth $46.7 million) across three over-the-counter transactions on Saturday. Source: Lookonchain The three-day buying spree adds to evidence that Sharplink has revived its active Ether accumulation strategy. The crypto treasury company was once a close competitor to Bitmine as the world’s largest $ETH treasury company. Sharplink declined…

Stablecoin Supply Has Fallen by $9.445 Billion Since May 8, Trimming Dry Powder Across Crypto Markets Since May 8, 2026, the stablecoin sector has contracted by $9.445 billion over a 51-day stretch. A declining stablecoin market capitalization is widely viewed as a bearish indicator because it signals more than traders remaining on the sidelines; it suggests capital, or “dry powder,” is actively flowing out of the market. Seven-day data show the market recorded $2.119 billion in outflows over the past week, with declines spread across $USDT, $USDC, $USD1, $USDe, and PYUSD, according to defillama.com statistics. The top five stablecoins by…

Pi Network marked Pi2Day 2026 with a series of product launches. These were designed to expand the ecosystem beyond cryptocurrency into artificial intelligence (AI), decentralized computing, and digital identity. The latest announcements highlight the project’s growing focus on practical utility. These announcements include new services aimed at developers, businesses, and users outside the existing Pi ecosystem. Happy Pi2Day 2026 Pioneers!Pi Network is celebrating Pi2Day with new releases advancing Pi’s practical utility both within and beyond the Pi ecosystem, and across compute, AI, and identity.By first providing useful services and resources for external third-parties—such as… pic.twitter.com/pX9eZrA0UX — Pi Network (@PiCoreTeam) June…

While the top focus of the industry remains the Digital Asset Market Clarity Act that would establish a full U.S. regulatory regime for crypto activity, its second priority has been on crypto taxation, which was the central thrust of a June 9 committee hearing discussing several bills, including the legislation from Carey, an Ohio Republican. Democrats on the committee revealed some concerns about how this bill would be utilized by the industry in practice, and outside critics such as the Revolving Door Project argued that crypto mining firms — including American Bitcoin, in which President Donald Trump’s sons Eric and…

Hyperliquid trader James Wynn has experienced five additional liquidation events over the past 24 hours, marking a significant escalation in his ongoing trading difficulties on the decentralized exchange. The liquidation price for his latest Bitcoin position has dropped to $65,674.74, reflecting the continued pressure on his leveraged trades. Details of the Recent Liquidations According to on-chain data, the five liquidations occurred across multiple positions, with the largest single event valued at approximately $1.2 million. Wynn’s total liquidated volume on Hyperliquid now exceeds $15 million since the start of the month. The repeated liquidations suggest that Wynn has been maintaining highly…

In brief Meme stock traders on Reddit have put their efforts behind fast-food chain Wendy’s. Shares in the firm have bounced over 25% on Wednesday amid a surge of posts seeking to “save” the franchise. Even after the daily spike, WEN shares have fallen 66% in the last five years. Bitcoin is sinking Wednesday, but retail investors have their eye on a different risk asset, helping shares in fast-food chain Wendy’s (WEN) surge nearly 26%. The McDonald’s and Burger King rival sank as low as $6.08 per share in early week trading, but finished Wednesday trading at $7.86, a more…