Author: NBTC

The CVD indicator reflected continuous net buying by large-volume wallets during the latest price drop. Liquidation volume in the cryptocurrency futures market reached 530.07 million dollars in the last 24 hours. A total of 119,678 traders recorded the forced closure of their positions due to the loss of key support levels. Large institutional investors exhibit a sharp divergence from decisions made by retail traders. Over the last 24 hours, big whales accumulate Bitcoin nonstop, taking advantage of a faltering market with the goal of increasing the size of their investment portfolios. Recent analyses confirm that the price fell below the…

MicroStrategy’s ambitious Bitcoin accumulation strategy, long celebrated as a pioneering corporate treasury model, is facing its most significant test yet. According to a recent analysis by Fortune, the company may be compelled to sell a portion of its massive Bitcoin holdings to meet growing obligations tied to its preferred stock dividends. The Scale of MicroStrategy’s Bitcoin Position As of the latest reporting, MicroStrategy holds approximately 844,000 Bitcoin. At a price of $65,000 per $BTC, this stake is valued at roughly $51.1 billion. The company’s total assets, including its legacy software business and cash equivalents, are estimated at around $53.6 billion.…

$RLUSD’s Rapid Expansion on XRPL Signals Rising Institutional Interest in Digital Finance $RLUSD’s rapid expansion on the $XRP Ledger (XRPL) is drawing attention as demand for dollar-backed digital assets continues to accelerate. Data highlighted by Evernorth shows $RLUSD activity on XRPL has surged 224% this year, rising from approximately $235 million to $762 million. The increase points to growing adoption of stable digital dollars and reflects a broader shift toward blockchain solutions built for real-world financial use cases. Unlike volatile cryptocurrencies, stablecoins like $RLUSD are designed to maintain a steady value by being tied to the U.S. dollar. This makes…

South Korea’s Financial Supervisory Service (FSS) is moving forward with its sanctions process against Bithumb, one of the country’s largest cryptocurrency exchanges, with a target to conclude the case by the third quarter of this year. The action stems from an incorrect Bitcoin (BTC) payment incident that occurred in February 2023. Regulatory Process and Legal Grounds According to a report from Dailian, an FSS official confirmed that the agency is currently reviewing relevant laws to ensure the sanctions are legally sound. The official emphasized that because sanctions are an invasive administrative action, they require a clear legal basis and procedural…

In a recent tweet, Arbitrum announced that it will introduce new primitives designed for compliance, enabling traditional finance to participate more effectively in onchain activities. This move aims to address the current limitations in compliance options available to institutions, as detailed in their official communication source. What Went Down The announcement comes at a time when the broader crypto market displays mixed signals. While many altcoins have remained stagnant, Arbitrum is making strides in attracting institutional interest by focusing on compliance solutions. This shift aligns with the increasing demand for regulated frameworks within the decentralized finance landscape. With over $1.2…

The pressure on crypto has become its own. The break below $60,000 reflects continued outflows from U.S. spot bitcoin ETFs, the Federal Reserve’s hawkish turn and a U.S. dollar that climbed to a seven-month high, said Alex Kuptsikevich, chief market analyst at FxPro, in an email to CoinDesk. A stronger dollar makes dollar-priced assets like bitcoin costlier for foreign buyers and tends to pull money out of risk trades. FxPro also flagged a longer-term warning. Bitcoin is hovering near its 200-week moving average, the average price over the past roughly four years and a closely watched long-term trend line. The…

Crypto market maker Cumberland has deposited an additional 4 million $USDC into the Hyperliquid (HYPC) platform approximately one hour ago, according to data from on-chain analytics provider Onchain Lens. This latest transaction brings Cumberland’s total deposits into Hyperliquid to 6.85 million $USDC, spread across three separate transactions executed today. On-Chain Activity Details The three deposits, all occurring within a short time window, signal a significant capital deployment by one of the cryptocurrency industry’s most active market-making firms. While the specific purpose of these deposits has not been officially disclosed by Cumberland, such movements often precede increased trading activity, liquidity provision,…

Galaxy Digital has completed the first phase of power delivery at its Helios data center campus in West Texas. The company delivered about 200 megawatts of gross power, equal to 133 MW of critical IT load, to CoreWeave under a 15-year lease. The delivery marks Helios’ move from a construction project into a revenue-generating AI data center campus. Galaxy said rent under the Phase I lease began in the second quarter of 2026. “Completing Phase I on budget and on schedule affirms Galaxy’s position as an operator capable of executing hyperscale AI data center development,” said Mike Novogratz, founder and…

Binance founder Changpeng Zhao has publicly endorsed a new partnership between the SIGN Foundation and Bhutan’s National Digital Identity (NDI) company, aimed at designing and developing a national digital identity platform for Sierra Leone. The two organizations formalized their collaboration through a Memorandum of Understanding (MOU), marking a significant step toward establishing blockchain-based infrastructure in West Africa. Details of the Partnership The MOU between SIGN and Bhutan NDI outlines a framework to create a secure, scalable digital identity system for Sierra Leone’s citizens. While specific technical details remain under development, the initiative is expected to leverage blockchain technology to enhance…

Brinc, a Hong Kong-based venture capital firm, has launched a new $XRP Ledger-based innovation program in partnership with Ripple. The company announced that applications for the Hong Kong Financial Innovation Program (HFIP) opened on June 8, 2026. Through this initiative, Brinc and Ripple plan to support startups developing the next generation of payment systems and financial infrastructure, focusing on Hong Kong and the broader Asian market. The XRPL-Powered Hong Kong Financial Innovation Program Notably, the accelerator brings together Brinc and Ripple to help early-stage companies grow. The program uses the $XRP Ledger as its core technology and targets startups ranging…