Author: NBTC

The U.S. Commodity Futures Trading Commission (CFTC) has abandoned its plan to relocate to a smaller headquarters, opting instead to extend its current Washington, D.C., office lease for another five years. The decision, first reported by Bloomberg, signals the agency’s preparation for a significantly expanded role in regulating digital assets and prediction markets. Why the CFTC needs more space According to Bloomberg, the CFTC stated that its current office can accommodate approximately 100 new employees. The agency cited the need to hire additional staff to respond to industry growth and innovation, a clear reference to the rapidly expanding cryptocurrency sector.…

Chain fees on the $XRP Ledger (XRPL) were less than $400 on Wednesday, according to DefiLlama, which tracks fees across major blockchains. Bithomp, another explorer, estimated users of the blockchain burned 327 $XRP over the past 24 hours, confirming the total as worth less than $400. Expanding the timeframe to a week doesn’t do much to improve the figure. XRPL generated $3,100 in chain fees over the past week, and roughly $16,000 over the past month. For a sense of scale, Bitcoin users paid miners $183,000 worth of transaction fees yesterday. On the same day, Ethereum generated more than $323,000,…

Bitcoin plunged to $77,000, and the leveraged traders who bet it wouldn’t did not have a good time. Over $526 million in crypto positions were liquidated in just one hour, with the vast majority coming from long positions. What happened Bitcoin had been testing the $79K to $80K resistance zone and failing to punch through. When that rejection turned into a slide below $77K, it set off a cascade of forced liquidations across major exchanges. Liquidation, for the uninitiated, is what happens when a leveraged trader’s position moves against them far enough that the exchange closes it automatically to prevent…

U.S. spot Ethereum exchange-traded funds recorded a total net outflow of $35.5 million on June 10, extending a losing streak to a second consecutive day, according to data from Farside Investors. The latest figures indicate a shift in investor sentiment toward the second-largest cryptocurrency by market capitalization. Breakdown of Fund Flows The outflows were concentrated among two major fund issuers. BlackRock’s ETHA fund led the decline with a net outflow of $20.6 million. Fidelity’s FETH product followed with a net outflow of $16.6 million. In contrast, BlackRock’s Staking ETHB fund recorded a modest net inflow of $1.7 million, partially offsetting…

The Federal Reserve’s Spring 2026 Financial Stability Report has reshuffled its risk hierarchy, and the new order tells a story. Geopolitical risks now sit at the top of the list, climbing from second place in the Fall 2025 survey to the most cited threat to US financial stability. The promotion wasn’t exactly a surprise. A US-Israel operation on February 28, 2026, that resulted in the killing of Iran’s Supreme Leader triggered ongoing hostilities across the Middle East, turning what had been a simmering concern into a full-blown regional crisis threatening energy infrastructure and supply chains. The geopolitical picture The Middle…

Ripple has opened a new regional headquarters for the Middle East and Africa inside the Dubai International Financial Centre (DIFC), the company confirmed Wednesday, creating capacity to double the size of its local operations as demand for regulated blockchain payment infrastructure across the region continues to grow. The move marks a step up from Ripple’s existing Dubai presence, which dates back to 2020 when the company first established its MEA base in the emirate. Clients already operating through Ripple’s Middle East infrastructure include Zand Bank, Ctrl Alt, Garanti BBVA, Absa Bank, and Chipper Cash. The Regulatory Foundation The expansion is…

The Digital Asset Market Clarity Act, which cleared the Senate Banking Committee on May 14, will set the rules of the road for an industry that has grown faster than the laws meant to govern it. Almost everyone agrees that crypto regulation is overdue. But as the bill moves toward a vote on the Senate floor, it contains five gaps that threaten to undermine the very structure and stability the legislation otherwise hopes to deliver. The Decentralized Finance or “DeFi” gap A platform or intermediary that moves, exchanges, conceals, or otherwise facilitates the transfer of value should not be able…

Dymension, a well-known modular blockchain ecosystem, and Astra Nova, a cutting-edge AI entertainment network, have partnered. The partnership attempts to incorporate Astra Nova’s AI-driven entertainment platform into Dymension RollApps. As Dymension disclosed in its X announcement, the partnership is set to unveil the Nova Toons intellectual property (IP) ecosystem of Astra Nova into the modular blockchain architecture of Dymension. Thus, the development endeavors to develop a cutting-edge environment, combining SocialFi, engaging digital experiences, Telegram-based mini-games, and Webtoon decentralized applications (dApps). Official Partnership – now live.Astra Nova is building an AI entertainment ecosystem spanning SocialFi, Webtoon Dapp, Telegram minigames, and more.We’re…

Bitcoin dropped under $77,000 and traded at $76,901 after a brutal one-hour wipeout hit the crypto market. About $600 million in positions were liquidated in 60 minutes, forcing leveraged traders out fast while the broader market turned red, according to data from Coinglass. The pain was clear in U.S. spot Bitcoin ETFs. Last week, those funds reportedly posted about 13,000 $BTC in net withdrawals. More than 4,000 $BTC came out of Ark-linked products, showing that ETF demand had cooled before the latest break lower. Long-term holders keep buying Bitcoin while ETF demand weakens CryptoQuant’s Bitcoin exchange netflow data across all…

The number of addresses holding Ethereum ($ETH) has surged to approximately 195 million, according to data from on-chain analytics firm Santiment. This milestone highlights a continued divergence in adoption between the two largest cryptocurrencies by market capitalization. Santiment Data Shows Widening Gap In a post on X, Santiment reported that the count of $ETH-holding addresses has grown sharply over several market cycles, far outpacing Bitcoin. The current figure of 195 million is more than three times the 59 million addresses holding Bitcoin. The firm noted that the gap between the two networks is steadily widening, reflecting Ethereum’s expanding role in…