Author: NBTC

Polygon has recorded its highest-ever monthly stablecoin card top-up volume, reaching $30.5 million just 13 days into July. The figure is already 122% higher than June’s total of $13.69 million, according to data shared by Paymentscan. The increase appears to be driven largely by the rapid growth of crypto payments platform KAST, which has been expanding stablecoin spending activity on the Polygon network. The latest data also shows a steep acceleration in monthly card top-up volumes over the past year, with July’s figure already more than double the previous monthly record despite the month being only halfway complete. Source: X…

On Friday, the 3rd of July, Bitcoin [$BTC] managed to challenge the $63K-level but was unable to surpass it. The bounce from $58.5K at the start of the month appeared set to continue. According to AMBCrypto, overleveraged short positions were caught off-guard by this move. For Bitcoin alone, $143 million in short liquidations have been recorded so far this month. The heavy spot ETF outflows indicated that most weak hands may have left the market, and the recent move may be a bullish reversal rather than just a short squeeze. Overhead $BTC supply caps any recovery effort Source: $BTC/USDT on…

Federal Reserve Bank of Dallas President Lorie K. Logan has expressed growing concern that the U.S. may require higher interest rates later this year. Logan cited the slow return of inflation to the Federal Reserve’s 2% target as a primary reason for her apprehension. Despite these concerns, she noted that the U.S. economy remains robust, with stable labor markets and strong corporate earnings. This development comes as major stock indices like the NASDAQ and S&P 500 unofficially ended lower, with the NASDAQ decreasing by 236.19 points and the S&P 500 falling by 51.9 points. The prediction markets have responded to…

President Donald Trump is urging the Senate to move quickly on the CLARITY Act before lawmakers leave for the August recess, arguing that delays could hurt the United States’ position in digital assets and artificial intelligence. In a post on Truth Social, Trump said Congress should approve the legislation as lawmakers work against a narrowing legislative window. Trump said the bill is part of a broader effort to strengthen the country’s leadership in emerging technologies and financial innovation. He warned that China and other countries are moving aggressively in those areas, adding to pressure on Senate leaders as negotiations over…

13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network.The initiative demonstrated that an enterprise cross-border transfer and verification process could be completed in an average of seven minutes, compared with traditional interbank transfers that typically require three to four hours or more.As part of the first phase of the POC, Hyundai Motor America (HMA) converted USD 20,000 into USD₮, transferred the…

The $XRP Ledger is now home to more than 70% of the entire represented tokenized commodity market, emerging as the dominant player in the sector. Tokenization remains one of the biggest narratives in the crypto scene in recent years, and the $XRP Ledger (XRPL), originally built to support the nascent market, seems to be taking up a reasonable share of the sector. Market data indicates that over 70% of the global represented commodity market on-chain resides within the $XRP ecosystem, with Polygon and Arbitrum accounting for the remaining 30%. Global Tokenized Commodity Growth This is according to data provided by…

Bitcoin climbed back above $62,000 once a weak US jobs report cooled bets on a near-term Federal Reserve rate hike, and the spot chart reads as a relief rally. The options desks trading Bitcoin’s futures are pricing something more guarded. The US Bureau of Labor Statistics put June payroll growth at just 57,000, well below the 110,000 economists polled had penciled in. Labor-force participation slid to 61.5%, the government cut April and May payrolls by a combined 74,000, and unemployment held steady at 4.2%. The dollar was on track for its biggest weekly drop since early April, while CME FedWatch…

Elon Musk’s SpaceX is planning to set a fixed IPO price of $135 per share ahead of its roadshow, according to CNBC, marking an unusual move for a company preparing what could become the largest public listing ever. The company plans to sell 555.6 million shares, implying a $75 billion offering size. At that price, SpaceX would be valued at $1.75 trillion, assuming the EchoStar spectrum and Cursor transactions close. The valuation would place SpaceX above Tesla, which has a market cap of about $1.6 trillion, and make it the seventh largest company in the US. The company is expected…

Key Highlights Aave’s founder, Stani Kulechov, has praised the UK’s new tax policy for crypto lending and liquidity pools. On July 13, HMRC introduced a “No Gain, No Loss” (NGNL) rule for crypto lending and liquidity pools, which means that deposits into protocols like Aave will no longer trigger immediate capital gains tax. The new tax policy is a major breakthrough for the UK’s crypto users as it makes lending and liquidity pools more tax-friendly for everyday users. On July 13, the biggest lending protocol, Aave’s founder, Stani Kulechov, publicly shared his excitement over the United Kingdom’s new tax legislation…

OI – which measures the total amount of money sitting in active, unsettled derivatives contracts (like futures or options) – later retraced to around $10.9bn. The year-to-date record is significant as it shows that Hyperliquid is recovering from OI lost in the crash of the cryptocurrency market in October 2025 and that its prospects are no longer as tightly intertwined with the price of crypto. October 2025 crypto crash fallout On 6 Oct, 2025, with Bitcoin ($BTC) at an all-time high of more than $126k, OI on Hyperliquid was right there with it, reaching a record $15bn. When the price…