Author: NBTC

Bitcoin sits near $60,000, down more than half from its October peak, with traders in extreme fear and institutions pulling money out for six straight weeks. The single question that decides where it goes next is whether the famous four-year cycle still governs Bitcoin, or whether institutions have broken it for good. Bitcoin is trading near $60,000, and depending on which framework you believe, that number is either the early stage of a painful but normal correction that ends with a familiar recovery, or the beginning of something the old playbook cannot explain. The price is down roughly 52% from…

Money market funds (MMFs), Treasury products, private credit and, more recently, stocks have all been tokenized as financial institutions and crypto firms expand their onchain offerings. The next step is using those assets as collateral in lending markets and across decentralized finance (DeFi), according to Marcin Kaźmierczak, co-founder of blockchain oracle provider RedStone. RedStone supplies price data for DeFi applications. According to DeFiLlama, it is the third-largest blockchain oracle by total value secured (TVS), securing about $4.1bn across 95 protocols. “Right now, only a very small fraction of those tokenized assets are used as collateral or as any kind of…

UBS and Nethermind completed two Ethereum compliance proofs of concept on Sepolia without live funds or mainnet transactions. One test used a customized Ethereum node to apply compliance and risk rules before outgoing transactions reached the network. The second routed approved transaction bundles through relays to selected block builders, suggesting regulated firms may use public Ethereum while keeping controls above the base layer for institutional blockchain deployments. UBS and Nethermind have completed two Ethereum compliance proofs of concept on Sepolia, giving institutional users a new argument for public blockchain infrastructure without demanding protocol-level changes. The tests used Ethereum’s public test…

“As intelligent machines become increasingly autonomous and operate around people, the requirements for safety, security, reliability and real-time determinism become even more important,” CEO John Giamatteo said during an earnings call. “Unlike probabilistic AI systems, QNX technology is deterministic and safety certified, which is exactly why it is so hard to replicate and why customers trust it for systems where failure is not an option.” Investors are taking notice, and the stock is up nearly 23% on Thursday, after a massive earnings beat and a revised upward guidance. Meanwhile, sell-side analysts are falling over themselves to praise BlackBerry’s mission-critical infrastructure…

Solana’s price is no longer moving in lockstep with the broader crypto market. Social trends data from Santiment shows a clear divergence, with $SOL gaining 15% since June 9 while other major assets traded sideways. The catalyst is not speculation about a new Solana protocol or a meme coin wave — it’s tokenized stocks. According to the Santiment update published on June 26, tokenized equities have quickly become one of crypto’s hottest narratives, and Solana has emerged as the blockchain of choice for much of that momentum. The offerings provide 24/5 trading, near-instant settlement, and DeFi compatibility — a combination…

Elizabeth Warren has spent much of the past decade warning Americans about the risks posed by privately issued and decentralized digital assets. Over the years, the Massachusetts Democrat has built a reputation as one of crypto industry’s most recognizable critics by persistently linking the emerging industry to money laundering, speculative excess, consumer losses, and sanctions evasion. Throughout her crusade against Bitcoin, she frequently offered a distinct alternative in a central bank digital currency, or CBDC. In a 2021 Senate appearance, she stated: Digital currency from central banks has great promise. Legitimate digital public money could help drive out bogus digital…

Circle published a formal $USDC method specification for the Machine Payments Protocol on Monday, standardizing how AI agents and automated services settle payments in $USDC across EVM-compatible blockchains and Solana. The specification, posted at paymentauth.org/draft-usdc-charge-00.html, outlines how $USDC payments can be initiated through the MPP payment challenge-response flow. It introduces three capabilities: a standardized payment interface for agents transacting in $USDC across supported EVM chains and Solana, the first crosschain payment profile in MPP via Circle Gateway, and support for $USDC-backed stablecoins beginning with USDCx on Stacks. Circle announced the spec Monday afternoon via its official account. MPP and HTTP…

Is it still too early to call the current risk-off phase anything apart from a full-blown bear market? Looking at the hard data, it increasingly makes sense to compare this cycle with 2022, which remains the worst Bitcoin bear market on record, with $BTC closing the year down over 65%. That said, Q3 could be the deciding factor, especially after Q2, when $BTC is already down over 12%. As the chart below shows, the stakes for Q3 are high. Technically, Bitcoin hasn’t printed three consecutive bearish quarters since the 2022 cycle. But after a 22% drawdown in Q1 and 12.2%…

In a strategic move to address friction within the multifaceted DeFi environment and provide users with seamless experiences, Wanchain, a decentralized multi-chain blockchain platform, today announced an important strategic integration with Rango Exchange, a cross-chain DEX aggregator. This collaboration enabled Wanchain to integrate Rango Exchange’s cross-chain DEX aggregation infrastructure to further advance its interoperability and liquidity capabilities, aiming to enhance the effectiveness of its all-in-one blockchain network that allows users to interact with a wide range of chains and assets efficiently in a non-custodial manner. Wanchain operates as a decentralized blockchain interoperability platform built to efficiently connect isolated networks, enabling…

Sharp declines in the cryptocurrency market have led to a large amount of liquidation in futures trading. The total amount liquidated in the last 24 hours reached $923.12 million, with the majority of this consisting of long positions. According to the data, $770.59 million worth of long positions were liquidated within 24 hours. The amount liquidated from short positions was $152.53 million. Thus, 83.5% of the total liquidations originated from long positions and 16.5% from short positions. A chart showing the massive liquidation wave in the cryptocurrency market, where each candle represents one day. The sharp pullback in Bitcoin’s price…