Author: NBTC

Billionaire entrepreneur and investor Mark Cuban has sent shockwaves through the market after revealing he recently dumped 80% of his Bitcoin holdings. His reasoning? The flagship cryptocurrency failed to act as a safe-haven hedge during recent geopolitical turmoil. However, prominent crypto veterans are calling out the billionaire’s logic, pointing out that the market data suggests Cuban may have simply panic-sold at the exact wrong time. A macro asset in a micro window Cuban’s abrupt exit from Bitcoin was prompted by the cryptocurrency’s extremely underwhelming price action during the recent geopolitical flare-up. Traditional safe-haven assets like gold surged to $5,000, Bitcoin…

Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing at an all-time high of $227.16 on Wednesday. The latest gains came after a Reuters report said the United States had cleared roughly 10 Chinese companies to purchase Nvidia’s H200 AI chips, currently the company’s second-most powerful processor available for China. The rally has pushed…

$XRP Ledger has just processed one of its most significant institutional transactions yet, involving tokenized U.S. Treasuries. On X, validator Vet disclosed that he examined activity tied to Ondo Finance on the $XRP Ledger. During this review, he discovered two recent Ripple transactions that redeemed Ondo Short-Term U.S. Government Treasuries (OUSG) as part of a settlement flow involving Mastercard and JPMorgan. According to Vet, the transactions settled “for fractions of a penny in a few seconds,” highlighting XRPL’s low-cost and high-speed settlement capabilities. Ripple Redeemed OUSG on XRPL In his post, Vet stated that Ondo operates as a native issuer…

The US Securities and Exchange Commission (SEC) has put its turn under Chairman Paul Atkins into writing, publishing a draft strategic plan that would narrow the agency’s enforcement reach, build rules for crypto, and widen access to private markets. The regulator released the document this week and set a July 2 deadline for public comment, according to the SEC. The plan organizes the agency’s work around three goals, and it reads as a formal version of the priorities Atkins has pushed since he took over the commission in April 2025. At its center sits a return to what the SEC…

Block’s head of Bitcoin product, Miles Suter, categorically ruled out the possibility of integrating $XRP into the Cash App ecosystem, tersely answering “never” to users’ questions on social media. The statement came at the same time as the launch of free $USDC stablecoin transfers for its 59 million users across Solana, Ethereum, Polygon and Arbitrum with the feature of tying all operations to their existing dollar balance. There is a clear calculation behind this convenience from Block’s management as Miles Suter directly stated that stablecoins are not a replacement for money for the company, but only “improved fiat 1.0” and…

Bitcoin’s latest slide has turned a routine pullback into a sharper market-structure story. The Bitcoin support breakdown below the long-watched $75,000 to $76,000 zone has traders rethinking where the floor really is, with $BTC trading around $75,800 after briefly falling under $75,000 for the first time since late April 2026. That move matters because this was not just another red candle. Instead, a key technical area gave way, and once it did, downside targets that had sounded aggressive started to look more realistic. Now the market is split between two competing views. One sees a path back to $60,000 if…

For most of the last decade, David Hoffman was among the loudest voices making the case for $ETH. As co-founder of Bankless, arguably the most influential Ethereum media property in the world, his bullishness on the network’s native asset was not just a personal position. It was a professional identity. Last week, Hoffman sold it all. In an essay cross-published on Bankless and X, entitled “Why I Sold My $ETH”, Hoffman was careful to frame the decision not as a bearish call but as a conclusion. “The $ETH is Money thesis didn’t fail,” he wrote. “It played out. Ethereum got…

Pre-IPO market exposure has emerged as one of the fastest-growing classifications in tokenized finance; to date, the infrastructure has not kept pace with the demand, according to new research published today by global digital asset market maker DWF Labs. DWF Labs is a famous, high-frequency cryptocurrency investment firm and market maker. Pricing premiums of 20-40% over previous-round valuations, clear redemption mechanisms, and the absence of short-side counterforces leave investors essentially revealed when underlying firms eventually price in the public market, positioning the platform that solves for liquidity first to grasp an outsized share of the next market cycle. “The Pre-IPO…

The Sui network has processed more than $1 trillion in stablecoin volume since August, a milestone Mysten Labs co-founder Adeniyi Abiodun cited while positioning the blockchain as a future “default network for how you move money” through planned zero-fee stablecoin transfers and private payments. In an interview with The Block’s Gareth Jenkinson at Consensus 2026, Abiodun linked these ambitions to the original mission of the Libra and Diem projects at Meta, from which the Mysten Labs team emerged. He pointed to the cost structure of legacy banking rails, citing a $100 cross-border transfer to Nigeria that carried $35 in fees,…

U.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to reinforce their ongoing contention with results indicating 57% of people think Congress should stop crypto firms from offering anything that resembles bank interest on stablecoins if it could harm community lending. The American Bankers Association, which commissioned the survey, is among the banking groups seeking 11th-hour changes to the Digital Asset Market Clarity Act that would establish a U.S. regulatory regime for the crypto industry. The banks are specifically pushing to rewrite the sections involving stablecoins, which their…