Author: NBTC

Betting on a Bounce, Not a Breakout Prediction market traders see bitcoin recovering this month, just not all the way. On Polymarket, the contract asking whether bitcoin reaches $70,000 in July is currently trading at 21 cents, implying a roughly 21% probability. About $102,000 in volume sits on that strike, part of $1.16 million wagered across the platform’s July bitcoin price market. Odds of $BTC reaching $70,000 by the end of July, per Polymarket. The full odds ladder tells a story of measured expectations as traders price a $62,500 touch at 92% and give $65,000 a 63% chance, but conviction…

Keyrock, a Brussels-based digital asset services firm, is in the process of acquiring bankrupt crypto trading and lending firm Blockfills, according to two people with knowledge of the matter. A Keyrock spokesperson told CoinDesk that the acquisition is subject to court approval. According to a bankruptcy filing, Keyrock agreed to a purchase price of $3.25 million, and will assume “substantially all” of BlockFills’ assets, certain liabilities, some of its equity interests, customer lists and its proprietary technology and intellectual property. “We can confirm that, as set out in the official Bankruptcy Court document filed on 26 May 2026, Keyrock SA…

The Japanese government wants to make crypto ETFs legal and reclassify digital assets as financial products under new finance legislation. Japanese Finance Minister Satsuki Katayama made the announcement on Thursday. The new plan is expected to open regulated crypto exposure to ordinary Japanese brokerage customers. Katayama believes Japan needs a stronger legal framework and a strong trading ecosystem to boost investor confidence. She made these comments at the Open Quick 2026 seminar in Tokyo, an event hosted by financial data provider QUICK. She also said Japan wants to allow crypto ETFs, just as many countries have done. The key behind…

While much of the decentralized physical infrastructure space is quietly pulling back — reward incentives shrinking, enthusiasm cooling — two protocols are doing something that cuts against the grain. Helium and GEODNET, the leading DePIN protocols on Solana, keep generating high fees and maintaining some of the highest transaction volumes on the entire network. That kind of resilience, in a slowing market, is worth paying attention to. Key takeaways Helium and GEODNET are the top DePIN protocols on Solana by transaction volume and fee generation. Both networks provide real-world utility — decentralized wireless connectivity and high-precision $GPS services — sustaining…

U.S.-based Bitcoin mining giant Riot Platforms has moved 500 Bitcoin ($BTC), valued at approximately $30.72 million, to a custody account managed by NYDIG, according to on-chain data provider Onchain Lens. The transaction, which occurred roughly eight hours ago, has prompted widespread speculation within the crypto community that the company is preparing to sell a portion of its treasury holdings. Details of the Transaction The transfer was detected by blockchain analytics firm Onchain Lens, which flagged the movement of the funds from Riot’s known wallets to an NYDIG custody address. NYDIG is a prominent institutional custodian and financial services platform specializing…

The Blockchain Association, a leading crypto industry trade group, submitted a formal letter on June 1 supporting a U.S. Department of Labor proposal that would explicitly permit cryptocurrency investments within 401(k) retirement plans. The proposed rule aims to implement President Donald Trump’s Executive Order 14330, which seeks to expand investor access to alternative assets in employer-sponsored retirement accounts. What the Proposed Rule Would Change The Department of Labor’s proposal reaffirms that the Employee Retirement Income Security Act (ERISA) does not inherently prohibit any specific asset class from being included in 401(k) investment menus. This clarification is significant because it removes…

Zachary Soesbee, CEO of Anvil Development Agency and Cardano Constitutional Delegate, has voiced deep frustration with the current state of the Cardano ecosystem. In a statement on X, Soesbee revealed that he invested his time, expertise, savings, and even retirement funds into Cardano while operating Anvil under extremely lean conditions. He noted that both he and his co-founder went three years without taking salaries to ensure employees received their pay on time and the company remained afloat. According to Soesbee, he initially viewed Cardano as a community of determined builders working toward a shared vision. However, he argued that some…

Getting licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is only the beginning for crypto custodians, as regulators turn their attention from authorization to operational resilience. The European Securities and Markets Authority (ESMA) on Wednesday launched a Common Supervisory Action (CSA) to examine the operational resilience of crypto asset service providers (CASPs), placing custody services at the center of the review. “The signal is quite clear: for custodians, a licence is the start line, not the finish,” Sebastien Dessimoz, co-founder and managing partner at digital asset infrastructure firm Taurus, told Cointelegraph. The review comes shortly after MiCA’s…

Amid the ongoing merge mining debate in the Dogecoin community, co-founder Billy Markus offers a non-partisan take on the subject. Merge mining, or Auxiliary Proof of Work (AuxPoW), allows users to mine two or more coins, including Dogecoin, with the same hashpower and proof-of-work without splitting. Markus, who goes by “Shibetoshi Nakamoto” on X, believes removing merge mining is pointless and should not be done. as a non-dev who has no investment in any scrypt altcoins and just thinks proposals should solve actual necessary problems and not random made up ones for self-serving reasons, i find this reply disingenuous removing…

In attempting to modernize and better meet its customers’ needs, MoneyGram has partnered with the Stellar network, which has underpinned many of the company’s blockchain initiatives over the past five years. But the company has also started exploring other ecosystems: while Stellar remains a core partner, MoneyGram has also become a validator on Solana and Tempo. For MoneyGram, the immediate payoff isn’t speculative crypto activity, it’s replacing legacy financial rails. Today’s cross-border settlement still largely depends on banking hours and weekday processing. Blockchain-based infrastructure, Soohoo argued, enables real-time settlement around the clock, reducing operational costs while improving the customer experience.…