Author: NBTC

His organization started work several weeks ago as the Digital Asset Market Clarity Act has been heading toward the intense endgame of its U.S. Senate negotiations, in which many Democrats and some Republicans have wavered or stridently withheld their support as some of the bill’s most contentious points are debated. “As the public dialogue and debate is going on about the Clarity Act and other regulatory schemes, we want the decision makers and the American public to have all the information that they possibly can and understand the risks in each different category,” Fay said. A June survey it commissioned…

Prediction markets allow people to buy and sell contracts tied to the outcome of future events rather than purchasing traditional financial assets. Traders can speculate on everything from elections and economic data to sports championships, with prices shifting as expectations change. The World Cup, one of the world’s largest sporting events, created an ideal environment for rapid trading activity as every match generated new opportunities. Trading Activity Rises to New Heights The numbers logged in June and July, from Dune.com’s prediction marketplace dashboard, illustrate just how dramatic the increase became. Total prediction market notional volume reached $54.09 billion in July,…

Volatility and Market Liquidations Bitcoin ($BTC) slid below $64,000 Monday afternoon, snapping a multi-day streak of marginal gains after bitcoin treasury giant Strategy sold 1,690 bitcoins to fund preferred stock repurchases. The downturn comes against a backdrop of regulatory and technical headwinds, including controversy surrounding the CLARITY Act vote and a BIP-110 chain split. Yet, a few hours before tumbling, bitcoin appeared on course to replicate the price action that saw it breach the $65,000 threshold on Aug. 7. In fact, as shown by the daily chart, the cryptocurrency tapped an intraday high of $65,416 just after 6 p.m. EST…

The majority of surveyed Russian citizens fail to recognize significant use cases for cryptocurrency despite its upcoming legalization in their country. The finding comes before the enforcement of a comprehensive regulatory framework in September as Moscow seeks to take the reins of the growing market. Russians remain skeptical about crypto ahead of restrictive regulations Around 69% of the participants in a new survey do not expect any real use cases for cryptocurrency even after it is permitted in Russia next month. Approximately 52% of the respondents admit they are not using the digital asset now and don’t understand how its…

Coinbase CEO Brian Armstrong told his followers on X that his posts do not serve as an endorsement of any kind. Regardless, traders ignored his “warnings” with many pushing back. On July 20, Armstrong responded to the buzz around his social media activity, particularly his profile picture, and reiterated the disclaimer on his X bio. He acknowledged the response from the Base community, adding that responses like these only go to show how much people care. A profile picture worth tens of millions On July 16, Armstrong changed his profile picture on X from a CryptoPunk avatar to an art…

In brief Five men have been convicted of false imprisonment after ambushing two French crypto millionaires and holding them for 52 hours in a London flat. The victims, who did not testify, transferred $30,000 of a $150,000 demand. Prosecutors said the men’s lifestyles, much of it posted on social media, may have drawn the gang’s attention. Five men have been convicted over the blackmail and false imprisonment of two French cryptocurrency millionaires held for 52 hours in an East London flat last July, the Daily Mail reported. The victims, both in their 20s, were ambushed in Shadwell and driven to…

Coinbase has rolled out a new way to trade one of the world’s most watched commodities without ever touching a barrel of oil. The exchange launched perpetual futures tied to WTI and Brent crude, opening a fresh corner of its derivatives business to eligible traders outside the United States. The move, first detailed by Coinfomania, arrives as regulators and legacy exchanges fight over how these open-ended contracts should be treated under U.S. law, making this Coinbase oil futures launch as much a policy story as a product one. Key takeaways Coinbase has launched perpetual futures contracts for WTI and Brent…

A Quarter That Started Ugly and Turned Around Bitcoin entered the third quarter deep in a hole with the asset falling to its lowest level of 2026 during a brutal stretch in the spring (when it dropped more than 19% in a single week and over 26% across 30 days). The rout saw more than half of all circulating bitcoin sitting underwater at the low. Bitcoin.com News tracked the asset trading a full 50% below its October 2025 cycle high of $126,209 during that stretch, as bullish catalysts like exchange-traded fund (ETF) demand and institutional accumulation collided with bearish forces…

SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while narrowing its quarterly loss to to $541 million as growth accelerated across its launch, Starlink and AI businesses. The company reported a net loss of $541 million, an improvement from a $1.0 billion loss a year earlier, while adjusted EBITDA nearly tripled to $3.5 billion. Crypto investors were also watching for changes to SpaceX’s bitcoin BTC$64,089.16 holdings. The company reported $1.10 billion in digital assets at…

Bybit has expanded its European regulatory footprint after Bybit Payments GmbH, its Austrian subsidiary, secured an Electronic Money Institution license from Austria’s Financial Market Authority, enabling the company to offer regulated payment services alongside its crypto business, according to a Tuesday announcement. According to Georg Harer, legal and compliance head at Bybit EU and co-CEO of Bybit EU GmbH, Europe’s regulatory approach is setting a global example for the convergence of digital assets and financial services. He said the new EMI license complements Bybit EU’s MiCAR authorization. “The EMI license granted to Bybit Payments GmbH is an important milestone in…