Author: NBTC

In the latest episode of All Things Markets, SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz predicted that the flagship cryptocurrency is poised to reclaim the $70,000 threshold by the end of July 2026. Both investors believe that macroeconomic pressures and upcoming regulatory milestones will be powerful catalysts for a price reversal. “Do you think Bitcoin can reclaim 70k by the end of July? I’ll go first and say that it will,” Scaramucci stated. “I just think because it’s burnt out and the sentiment is so negative that any incremental buying will lift it through 70.” Mike…

An address associated with an Ethereum Foundation grant has moved a notable sum of ether, according to blockchain tracking service Lookonchain. The wallet transferred 578.38 $ETH, valued at approximately $1.08 million, to a Gnosis Safe multi-signature wallet and separately deposited 2.675 $ETH, worth about $5,070, to the cryptocurrency exchange Kraken. The transactions were recorded roughly 12 hours ago, as reported by Lookonchain’s monitoring data. Transaction Details and Context Blockchain data shows the grant address’s recent activity involves two distinct operations. The larger transfer to a Gnosis Safe wallet is a common practice for institutional or project funds, as Gnosis Safe…

Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure on the domestic currency becomes severe, according to a new paper published by the International Monetary Fund (IMF). The findings come from a working paper by economist Brandon Joel Tan. Titled “Stablecoins and Fragility in Fixed Exchange Rate Regimes,” the paper modeled how stablecoins affect parallel foreign-exchange (FX) markets when official dollar access is rationed. The findings highlight that stablecoins can help people get access to dollars when banks or official exchange channels cannot meet…

General Updates COZ distributed 498 $NEO across six developer tooling contributions in round 2.9 of Proof of Working 2.0, the grassroots rewards program recognizing open-source ecosystem work outside traditional grant pathways. The round brings cumulative distributions to 5,577 $NEO across nine rounds since the program’s January relaunch. All six contributors recognized in round 2.9 have received awards in previous rounds, reflecting sustained engagement from the program’s developer community. The awarded projects span governance visibility, vesting usability, wallet integration, deployment workflows, local development environments, and real-time contract event monitoring. COZ CEO Tyler Adams and R3E Network founder Jimmy Liao visited Neo…

India’s top cybercrime watchdog has ordered GitHub to take down Bitchat, the offline messaging app built by Block chief executive and bitcoin advocate Jack Dorsey, as anti-government protesters in Delhi adopt mesh-networking tools to communicate through repeated internet shutdowns. the government of india does not like technologies like bitchat and wants it taken down pic.twitter.com/gjzMg1NGCi— jack (@jack) July 24, 2026 The Indian Cyber Crime Coordination Centre, part of the Home Ministry, issued the order late Thursday under Section 79(3)(b) of the IT Act, naming three GitHub repositories tied to Bitchat and giving the platform three hours to disable access. The…

Pendle has launched an innovative AI trading agent named ProjectVEXai, designed to continuously scan markets and execute user-defined strategies. This tool aims to enhance trading efficiency, ensuring that users never miss profitable opportunities, as detailed in their recent announcement on Twitter. Breaking It Down Market Overview The crypto market is currently exhibiting mixed signals, with many assets experiencing varying levels of momentum. Within this context, Pendle’s introduction of ProjectVEXai stands out as a significant development. The AI agent operates around the clock, allowing traders to optimize their strategies without the need to remain constantly engaged. This could be particularly beneficial…

MARA Holdings, the largest publicly traded Bitcoin miner, reported a net loss of over $611 million for the second quarter of 2026, as revenue fell 27%, the company said in a shareholder letter released August 6. The quarter shows a widening gap between MARA’s growing computing capacity and the falling value of the Bitcoin on its balance sheet, with holdings down nearly a third even as the company mined more units than a year ago. Bitcoin Price Decline Hits MARA’s Quarterly Results According to MARA, revenue in Q2 2026 fell 27% year over year to $174.9 million from $238.5 million.…

U.S. President Donald Trump said a peace deal with Iran could be signed on Sunday, setting up a direct clash with Tehran over the timing of the agreement. The claim drew attention across crypto markets because the draft deal is expected to reopen the Strait of Hormuz. Traders are watching whether lower energy stress could send capital back into Bitcoin and other risk assets. “The Deal is scheduled to get signed tomorrow,” Trump wrote on Truth Social on Saturday. He added that the “Hormuz Strait is OPEN TO ALL” immediately after the signing. Source: Donald Trump/Truth Social Pakistan also signaled…

Ethereum price is once again attracting institutional attention after another wave of ETF inflows and large whale transactions signaled growing confidence. While $ETH has spent recent sessions consolidating around key support, on-chain accumulation and steady capital entering spot Ethereum ETFs suggest smart money is positioning for a potential breakout. With BlackRock clients increasing exposure and whales withdrawing millions worth of $ETH from exchanges, traders are now watching whether Ethereum can translate strong fundamentals into its next major rally. Ethereum ETFs Continue to Draw Institutional Capital Institutional demand remained firm after U.S. spot Ethereum ETFs recorded net inflows of approximately $60.8…

But weaker market conditions, softer trading volumes and disappointing post-listing performances, including BitGo’s (BTGO), have since cooled enthusiasm for new offerings. Several major crypto firms, including Kraken parent Payward, Ethereum app builder Consensys, wallet provider Ledger and asset manager Grayscale, have all delayed IPO plans while waiting for markets to improve. Others are still moving ahead. Blockchain.com said in May it confidentially filed for a U.S. IPO with the Securities and Exchange Commission. CoinDesk reported in May that crypto trading platform FalconX had also filed a draft S-1 registration with the SEC, the initial step toward a potential public listing.…