Author: NBTC

Bitcoin spot exchange-traded funds (ETFs) have fallen out of investor favor and how. Total dollar value of net assets across the 11 spot ETFs stood at $77.58 billion on June 9. That’s the same level seen just after President Donald Trump won the presidential election in early November 2024. This is not to say the ETFs didn’t grow in the 19-month period. Hopes that Trump would deliver on his campaign promise of friendlier crypto regulation helped push bitcoin higher, along with ETF assets. Total net assets crossed $90 billion within a week of this election win and went on to…

A Hong Kong district court has rejected Xiao Rui’s claim that part of his money came from selling Bitcoin and found him guilty of laundering more than HK$64 million through underground banking channels. The 37-year-old son of a former anti-corruption official from Wuhan faces sentencing on July 23 after being found guilty on four counts of money laundering and one count of using a false document. Bogus BTC sale defense gets rejected Between March 2014 and November 2023, about 38 transactions totaling over HK$64 million flowed into Xiao Rui’s personal bank accounts. The money came from at least 12 companies…

Binance has notified European Union users that access to key services will be restricted after the exchange failed to secure Markets in Crypto-Assets (MiCA) authorization from a member state before a July 1 deadline. Those restrictions include halting onboarding new EU users and limiting certain services for EU-based accounts effective July 1, according to exchange notices shared by users on social media. The notices said users will still be able to withdraw their assets after that date, stating that “all digital assets are still available for withdrawal,” in line with applicable regulatory requirements. The move marks one of the first…

Bitcoin continues to dominate financial discussions across global markets. This time, the spotlight returned to MicroStrategy chairman Michael Saylor after his bold prediction about Bitcoin’s future performance. Saylor stated that Bitcoin could average a 30% annual return for the next 20 years. His comments immediately triggered intense debate among traders, institutions, and long-term investors. The crypto market has witnessed major volatility during the past decade. Despite sharp corrections, Bitcoin has consistently recovered and reached new highs. Many investors now view the asset as digital gold rather than a speculative experiment. Saylor’s latest statement strengthens that narrative and pushes the conversation…

A widely-tracked 5x-leverage perpetual on Hyperliquid tied to SpaceX’s impending IPO, expected to be the largest in history, has declined for three consecutive weeks. The product, tickered as SPCX, traded near $157 on Wednesday, down about 27% from its mid-May launch price of around $216, after briefly touching $230. That does not mean traders are betting against SpaceX, as SPCX still trades above the $135 IPO price. But the implied first-day premium has been cut hard. In May, the contract priced SpaceX roughly 60% above the offer, and it stood closer to 16% as of Wednesday. The company set the…

Dogecoin ($DOGE) has no maximum supply cap. Unlike Bitcoin, which will never exceed 21 million coins, Dogecoin adds a fixed 5 billion new coins to circulation every single year with no end date. As of June 2026, its total circulating supply stands at approximately 154 billion $DOGE, and that number keeps growing. This design was not an oversight, it was a deliberate choice, and it shapes everything about how $DOGE behaves as an asset. How Did Dogecoin End Up Without a Supply Cap? Dogecoin launched in December 2013, created by software engineers Billy Markus and Jackson Palmer as a fork…

A South Korean government delegation has met with the U.S. Securities and Exchange Commission (SEC) to discuss reducing differences in cryptocurrency regulations between the two nations, according to a report from Decrypt. The talks, which took place in Washington, D.C., focused on stablecoin oversight, security token offerings (STOs), and avenues for cross-border regulatory cooperation. Key Topics of Discussion Meeting minutes released by the SEC indicate that the South Korean side acknowledged that its ongoing efforts to establish a comprehensive legislative framework for virtual assets are heavily influenced by the regulatory direction and legislative progress in the United States. The discussions…

About 60% of users who placed their first World Cup bets on Polymarket had never interacted with blockchain protocols before, suggesting prediction markets are becoming an entry point into crypto. The finding is based on a 90-day Bitget Wallet study shared with Cointelegraph on Thursday that tracked the onchain activity of 857,000 active Polymarket users. Bitget Wallet said the findings suggest some users are entering crypto through prediction markets instead of beginning with token trading or DeFi protocols. Alvin Kan, chief operating officer at Bitget Wallet, told Cointelegraph that earlier crypto onboarding efforts largely focused on making blockchain technology easier…

Bitcoin is holding above a key support level as traders track whether $BTC can continue its recovery toward the $84,000 to $85,000 CME gap. The latest charts show $78,180 as the main level to defend, while the weekly FVG remains the next major resistance area. Bitcoin Bulls Hold Key $78,180 Level as $BTC Trend Stays Positive Bitcoin remained in a bullish continuation setup on the four hour chart, according to a TradingView chart shared by Man of Bitcoin on X. The chart shows $BTC holding above the key $78,180 level after its recent pullback from the local high area. This…

Bitcoin (BTC) and altcoins have experienced sharp declines in recent days. This decline is attributed to increased tensions related to the US-Iran conflict, rising energy costs associated with the conflict, and increasing inflation concerns. Analysts are concerned that inflation, which the Fed has long been trying to bring down to its 2 percent target, will continue to face upward pressure due to increases in energy prices. In the face of these concerns, US inflation is also expected to reach its highest level in the last three years. Inflation, which last exceeded 4% in May 2023, is expected to be announced…