Author: NBTC

STRC, a dividend-paying preferred stock that Strategy (formerly MicroStrategy) founder Michael Saylor has outrageously promoted as a competitor to high-yield bank accounts, traded 5.3% below its par value at one point today. Multiple crypto derivatives of STRC are mirroring the crash. No US bank account or money market is allowed to lose money like that, and such customers would enjoy FDIC and SIPC protection against loss, anyway. Unfortunately, STRC has no insurance. Nor does Strategy guarantee its price or dividends. As of writing time, STRC and its unauthorised crypto proxies remain about 4% below their formerly stable trading range. Despite…

While Washington’s attention fixes on whether the CLARITY Act can find seven Democratic votes before the August recess, the Securities and Exchange Commission has been quietly assembling the framework that governs American crypto if the bill dies, and much of it even if the bill passes. On July 7, the agency confirmed plans to formally propose Regulation Crypto, its first major crypto-specific rulemaking under Chair Paul Atkins. The proposal, expected to run past 400 pages, sits under review at the White House Office of Information and Regulatory Affairs, the final gate before publication for public comment, and Atkins has said…

Binance’s monthly futures trading volume has climbed to about $1.63 trillion in June, reaching its highest level of 2026 despite cautious crypto market sentiment and the seasonal slowdown that usually weighs on trading activity. According to CryptoQuant analyst JA Maartun, Binance recorded roughly $1.63 trillion in futures trading volume during June, even as Bitcoin continued to trade around the mid-$60,000 range. The analyst said the increase came while many market participants remained cautious and several conditions typically associated with weaker trading were already in place. Source: X Derivatives activity has stayed strong despite cautious sentiment In his market update, JA…

The Coinbase Bitcoin Premium Index has remained negative for 47 consecutive days as of May 19, marking the longest such streak on record, according to data from Coinglass. The index measures the price difference between Bitcoin traded on Coinbase and the global average, serving as a key barometer for U.S. institutional investor sentiment and capital flows. What the Negative Premium Indicates A sustained negative reading suggests that selling pressure is relatively stronger on Coinbase compared to other global exchanges. This typically reflects a weakening appetite for risk assets among U.S. institutional investors, capital outflows from the market, or dampened sentiment.…

PancakeSwap has officially launched its Automated Market Maker (AMM) v2 and v3 on Robinhood Crypto. This announcement, amplified by a widely shared post from Robinhood Crypto, highlights the increased capabilities available to users, including swapping, adding liquidity, and earning rewards. The news was shared via Robinhood Crypto’s tweet. Breaking It Down The recent launch of PancakeSwap’s AMM v2 and v3 marks a significant enhancement in user capabilities on the Robinhood Crypto platform. This development allows users to engage more actively in decentralized finance by enabling them to swap tokens, provide liquidity, and earn rewards seamlessly. Such enhancements are crucial as…

Ethereum is retesting a key breakout level after failing to hold its first move higher. A rebound could keep the long-term path toward $10,000-$12,000 alive, while losing support may send $ETH back toward $1,700 or lower. Ethereum Retests Cup-and-Handle Breakout as Fakeout Risk Returns Ethereum has pulled back to the neckline of a cup-and-handle pattern after briefly rallying above it. Holding this area could keep the bullish setup alive, while another breakdown may repeat the failed breakout that preceded a much larger decline. $ETH four-hour chart. Source: Rod/X The neckline sits around $1,825-$1,850, where $ETH faced resistance several times before…

GameStop (GME) shares rose on Wednesday after the video game retailer reported record quarterly earnings and unveiled a new $2 billion share repurchase program, even as its recent bid to acquire eBay failed to gain traction. The company’s stock climbed 6.12% to $22.21on Wednesday after it posted what it described as the highest quarterly net income in its history and the strongest first-quarter operating profit on record. GameStop reported first-quarter net income of $389.6 million, or 66 cents per share, compared with $44.8 million, or 9 cents per share, during the same period a year earlier. Revenue increased 14% year…

The CLARITY Act is entering what many are calling its most important phase yet. The U.S. Senate is returning on July 13. Now, lawmakers face a narrow window to advance the landmark crypto market structure bill before the August 7 congressional recess. Investor Kevin O’Leary says the CLARITY Act now has a 50-50 chance of becoming law this year. However, he warns that geopolitical tensions could slow progress even as the crypto industry pushes for long-awaited regulatory clarity. Speaking about the bill’s outlook, O’Leary said he remains cautiously optimistic but believes global events could become a distraction. “I’ve got some…

Hyperliquid, a decentralized perpetual futures exchange, has reached a new milestone by capturing 9% of the global crypto perpetual futures market based on open interest (OI). This figure, reported by data aggregator Hypeflow, includes all major centralized exchanges (CEXs) such as Binance, Bybit, and OKX. The achievement marks the platform’s highest market share since its launch, signaling a notable shift in the derivatives trading landscape. What the Data Shows According to Hypeflow’s tracking, Hyperliquid’s open interest—the total value of outstanding futures contracts—now accounts for nearly one-tenth of the entire market. This is a significant gain for a decentralized platform competing…

Decentralized derivatives exchange EdgeX has launched a native $USDC yield vault on its V2 platform, allowing users to deposit the stablecoin and earn yield. The vault was developed in collaboration with Gauntlet, a DeFi risk management firm known for its quantitative modeling and protocol optimization. How the $USDC Vault Works The new vault is designed to accept $USDC deposits, which are then deployed across various yield-generating strategies managed by Gauntlet’s risk framework. Users can deposit directly into the vault through the EdgeX V2 interface and begin accruing yield immediately. The vault aims to provide a simplified, low-touch yield opportunity for…