Author: NBTC

Bitcoin’s [$BTC] internal structure had already started weakening before institutional demand slowed sharply across broader spot markets recently. Market optimism also became fragile once leveraged retail traders started rebuilding aggressive long exposure again. Spot Bitcoin ETF outflows later surpassed roughly $1.74 billion, while Coinbase Premium turned deeply negative beneath weakening U.S. demand conditions. Binance $BTC netflows also surged nearly 425% as older coins returned toward exchanges beneath defensive positioning behavior. Such a shift reflected experienced holders becoming more cautious while retail traders continued chasing leveraged upside exposure. However, Funding Rates remained positive despite weakening liquidity and slower stablecoin inflows underneath.…

The most expensive DeFi attack of 2026 began with KelpDAO’s restaked ether (rsETH) bridge, not a bug in Aave’s code. That, the lending protocol argues in an official postmortem published this week, is precisely why the industry needs to rethink how it measures risk. Aave said it is launching a review of every asset listed on V3 and rewriting its listing standards after April’s $230 restaked ETH exploit exposed a new class of DeFi risk. The protocol’s postmortem traced the attack not to a flaw in Aave’s smart contracts but to a LayerZero bridge verification failure, where a single verifier…

Blockchain tracking service Whale Alert has flagged a significant transaction involving the transfer of 221,999,990 $USDT, valued at approximately $222 million, from the Ethena protocol to an unidentified wallet address. The movement of such a large sum of the stablecoin has drawn attention from market analysts and on-chain observers. Transaction Details and On-Chain Context The transfer was recorded on the Ethereum blockchain and represents one of the larger single $USDT movements in recent weeks. While Whale Alert’s report identifies the sending address as associated with Ethena, the destination wallet remains unlabeled in public databases, making its owner or purpose unclear.…

After years of regulating crypto largely through lawsuits and overlapping agency claims, the United States has finally moved closer to a formal market structure framework. The passage of the CLARITY Act would place the US alongside jurisdictions such as the European Union, Singapore, the UAE, and Hong Kong, all of which already operate under dedicated crypto regulatory regimes. Read our full explainer for a detailed breakdown of the CLARITY Act and how it could reshape US crypto regulation. But while the legislation would represent the biggest shift in US crypto policy in years, the comparison also shows how much ground…

South Korea’s leading cryptocurrency exchanges, Bithumb and Upbit, have announced they will list $SLX, the native token of the Solana-based financial protocol Solstice, on their platforms. According to the announcements, $SLX will be available to users on both Bithumb’s Korean Won (KRW) market and Upbit’s KRW, $BTC, and $USDT trading pairs. Bithumb announced that deposits and withdrawals for $SLX will open within two hours of the announcement’s publication. The official launch date is June 1, 2026, at 11:00 AM Turkish time. The exchange set the initial reference price at 277 won and emphasized that only transfers made through the Solana…

Nasdaq-listed cryptocurrency mining firm Bitdeer Technologies has introduced its latest mining hardware, the SEALMINER DL1 Hydro, a liquid-cooled ASIC miner designed specifically for Scrypt-based cryptocurrencies such as Litecoin ($LTC) and Dogecoin ($DOGE). The announcement, made public this week, signals the company’s continued push into high-efficiency mining equipment for alternative proof-of-work networks. Specifications and Performance Targets The SEALMINER DL1 Hydro delivers a hashrate of 52.5 GH/s with a power efficiency of 149 J/GH, drawing approximately 7,823 watts under full load. Bitdeer has positioned the machine as a response to growing demand for more efficient Scrypt mining hardware, particularly as mining difficulty…

Over the weekend the price of Bitcoin recorded a slight rebound. It is very likely that this rebound was triggered by some statements by Trump regarding the evolution of the situation in Iran. To tell the truth, for now the rebound is so tiny as to still be almost irrelevant, but it is possible that it will continue during the day, or perhaps even in the coming days, to the point that it may eventually become significant. Bitcoin’s small price rebound Starting from May 11 the price of Bitcoin had begun to fall. In just under two weeks it fell…

Stacks Labs and UTXO Management announced that UTXO will become one of the first participants in Bitcoin Staking on the Stacks network. UTXO is the Bitcoin-focused asset management subsidiary of Nakamoto Inc. and plans to allocate part of its existing Bitcoin holdings to the new staking protocol. The initiative allows institutional investors to earn Bitcoin-denominated yield without transferring custody of their $BTC. Under the Bitcoin Staking model, participants create protocol bonds by combining a Bitcoin timelock on the Bitcoin network with a corresponding $STX token lock on Stacks. The bonding period lasts six months, while the Bitcoin remains secured on…

Grayscale Investments, a leading digital asset manager, has cautioned that a delay in interest rate cuts by the U.S. Federal Reserve could extend bearish conditions for Bitcoin. In a recent report, the firm highlighted that persistent inflationary pressures in the U.S. economy make it likely the central bank will maintain its high-interest-rate policy for the foreseeable future, potentially slowing Bitcoin’s upward momentum. The Fed’s Stance and Its Impact on Bitcoin Bitcoin, like gold, is a non-interest-bearing asset. When interest rates remain elevated, investors often favor yield-bearing instruments such as bonds or savings accounts, reducing the appeal of assets that do…

After months of trading sideways while its underlying business scaled, the native token of real-world asset (RWA) tokenization platform Ondo Finance is finally catching up. $ONDO is trading at $0.45, up 29% over the past 24 hours and around 68% on the week, according to CoinGecko. The token’s market capitalization has climbed to $2.2 billion, with 24-hour trading volume jumping to $490 million as the breakout accelerated overnight. $ONDO Chart The rally kicked off on May 4, when the Depository Trust & Clearing Corporation revealed timelines for its tokenization service and named Ondo Finance among more than 50 firms in…