Author: NBTC

EU Crypto Firms Face Final Countdown to MiCA Authorization Deadline Crypto companies operating in the European Economic Area (EEA) face a July 1, 2026, enforcement deadline under the Markets in Crypto-Assets Regulation (MiCA). From that date, platforms offering crypto services without MiCA authorization must stop serving clients across the bloc. European regulators have treated the deadline as final. The European Securities and Markets Authority (ESMA) has confirmed there will be no extension, and firms awaiting approval cannot continue operating under a temporary or “pending” status. “July 1, 2026 is the hard enforcement deadline across the European Economic Area,” Kraken Institutional…

Bitcoin’s ($BTC) drop to $58,000 has pushed the price into a zone that long-term power-law models have historically associated with cycle bottoms. The data does not confirm a bottom range, though it shows $BTC trading in a price range that has repeatedly marked major lows since 2014. Derivatives data and liquidation levels highlight $55,000 as the next key support level and the $65,000-$68,000 range as the next major upside area of interest. Bitcoin power-law puts $58,000 in historical range Giovanni’s Bitcoin power-law model places the network’s long-term trend price near $135,000, making the recent drop to $58,000 roughly 54% below…

As selling pressure continues in the cryptocurrency market, market analysis company 10X Research has published a noteworthy assessment for Ethereum ($ETH). The company stated that the $ETH price is trading at the critical $1,600 support level, and a break below this level could see the next significant support point at $1,200. A post on the X platform emphasized that the $1,200 level stands out as a significant support zone, particularly in the recovery process that began after the FTX exchange crash. Analysts noted that the current technical outlook gives weak signals for Ethereum. According to 10X Research, the $ETH/USDT pair…

American Bitcoin Corp has approved a 1-for-15 reverse stock split after shareholders backed the proposal at the company’s 2026 annual meeting. According to a filing with the U.S. Securities and Exchange Commission, shareholders of American Bitcoin Corp voted on several corporate matters during the annual meeting, after which the company’s board authorized a one-for-15 reverse stock split. The company said the change will take effect as soon as practicable. The SEC filing states that the reverse split will reduce the number of outstanding shares while leaving the total number of authorized shares unchanged. Reverse stock splits are commonly used by…

A new UK climate finance proposal references the $XRP Ledger as a suitable blockchain layer for a proposed investment framework aimed at accelerating renewable energy funding. Dr. Chris Cormack authored the proposal and submitted it to the UK Parliament’s Environmental Audit Committee. The submission forms part of the broader review of HM Treasury’s climate finance strategy. The document introduces a new financial instrument called the Climate Contingent Convertible Note (CloCo), which aims to mobilize private capital and channel it into clean energy and renewable infrastructure projects. XRPL Proposed for Pilot Infrastructure Role While the proposal broadly discusses distributed ledger technology,…

Investors who sued Mark Cuban and the Dallas Mavericks over their promotion of Voyager Digital have appealed a federal court decision that dismissed the case on jurisdictional grounds. A notice filed Tuesday with the U.S. Court of Appeals for the Eleventh Circuit seeks review of a December 2025 ruling by U.S. District Judge Roy K. Altman, who dismissed the lawsuit after determining that the plaintiffs had not established sufficient ties between the defendants and Florida. Court records show the appeal also challenges Judge Altman’s May 27 order that denied requests to reopen the case and reconsider the dismissal. The filing…

The Wall Street Journal reported that Iran-linked entities moved more than $3.84 billion through crypto exchange CoinEx since 2019. The report cited TRM Labs and public on-chain data. It said CoinEx became one of the main crypto routes allegedly used to move funds outside U.S. sanctions. The report said investigators found unusual activity from two wallets controlled by the Central Bank of Iran earlier this year. The WSJ also said those funds had links to assets stolen from Bybit by North Korean hackers. CoinEx has not become subject to a new U.S. action in the report, but the claims place…

In the past 24 hours, Bitcoin [$BTC] saw $415.83 million worth of derivatives traders liquidated, with $319.18 million worth of these positions being long. Recent hours of trading saw the leading crypto test the $59.1k low once again, threatening another bearish breakdown. Since the 6th of May, the Coinbase Premium Index for Bitcoin has been negative. The metric tracks the asset’s price difference between Coinbase (USD pair) and Binance ($USDT pair). Source: CryptoQuant The low premium levels implied reduced enthusiasm among U.S.-based investors compared to the global market. Additionally, the liquidation heatmap data AMBCrypto reported on earlier indicated why $BTC…

Ethereum traded near $1,655 on June 25, according to crypto.news price data, after falling below $1,600 during the latest market selloff. $ETH was down about 0.93% over 24 hours and 4.63% over seven days, while trading volume stood near $15.42 billion. The token moved between $1,557.87 and $1,677.86 during the session. Market value stood near $199.55 billion, keeping $ETH in second place by market cap. The bounce has eased pressure, but $ETH still trades below the recent recovery zone near $1,800. Ethereum’s daily chart still shows a wider downtrend from the $2,300 to $2,400 zone into the current $1,600 to…

Federal Reserve Bank of New York President John Williams stated on June 25 that the current level of monetary policy is well-positioned to guide inflation back to the central bank’s 2% target. Speaking at a public event, Williams emphasized that while inflation remains elevated, the existing policy stance is appropriately calibrated to achieve the Fed’s long-term objective. Williams Affirms Commitment to 2% Inflation Goal Williams acknowledged that inflation is “clearly at a high level” and remains significantly above the Fed’s 2% target. He stressed the importance of consistently bringing price pressures down, noting that the current policy framework is designed…