Author: NBTC

Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers operating under the $GENIUS Act framework. According to a July 10 announcement, the newly introduced Federated Hermes Money Market Management Digital Treasury Fund, trading under the ticker OFFXX, has been structured to meet the reserve asset requirements that payment stablecoin issuers must maintain under the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or $GENIUS Act. The launch comes as the stablecoin industry moves deeper into the implementation phase of the $GENIUS Act, which…

The company is simultaneously broadening its derivatives business. New products include perpetual futures tied to thematic baskets such as artificial intelligence, defense and Chinese equities, as well as pre-IPO perpetual futures that provide exposure to private companies including SpaceX (SPCX), which went public earlier this month. Coinbase said contracts tied to OpenAI and Anthropic, which are anticipated to go public later this year, are expected to follow. The exchange is also betting heavily on prediction markets, an area that has grown rapidly across crypto and traditional finance. New offerings include short-term crypto prediction contracts and bundled wagers that allow traders…

Bitcoin is trading above $80,000, according to CoinDesk market data, after recovering from Friday’s dip, but the rebound still looks more like a market testing resistance than a decisive move higher. The market structure tells a more complicated story than the price alone, according to market observers. Beneath bitcoin’s rebound, buyers are becoming more active, and structural support from ETFs remains intact, but much of the recent activity is also being amplified by leveraged futures traders rather than purely spot demand. That makes the recovery more vulnerable to a macro disappointment, particularly with inflation data looming. Singapore-based market maker Enflux…

The endgame of a potential U.S. market crash may have already begun, according to Bloomberg senior commodity strategist Mike McGlone. McGlone argued that a speculative “pump then dump” pattern seen across multiple asset classes is increasingly spreading toward equities, raising the risk of a broader market correction, he said in an interview with David Lin published on June 12. According to McGlone, 2026 has been defined by sharp rallies followed by rapid declines in assets such as Bitcoin (BTC), silver, natural gas, and agricultural commodities. He warned that the same dynamic could eventually reach the U.S. stock market, potentially marking…

The cryptocurrency market, after a good start to the week, has almost returned to the trading levels of last Sunday following hawkish remarks by FED Chairman Kevin Warsh, which were interpreted as a signal of interest rate hikes. In addition, Iran’s announcement that it has closed the Strait of Hormuz again and the renewed talks between US and Iranian officials in Switzerland were among the significant developments that took place over the weekend. This coming week, numerous altcoins will see critical token unlocks. Here is the weekly token unlock schedule we have prepared for you at Bitcoinsistemi.com. (All times are…

A significant development has occurred in the case of Sam Bankman-Fried, the founder of the FTX exchange, which is closely followed in the cryptocurrency world, who faces charges of fraud and conspiracy. The court rejected Bankman-Fried’s appeal against the guilty verdict. This situation has raised questions about the future of FTX. Bankman-Fried was accused of defrauding investors and users in connection with the FTX exchange crash. The court’s rejection of his appeal means that Bankman-Fried’s conviction and subsequent sentences are final. The collapse of the FTX exchange had a major impact on the cryptocurrency market, causing significant losses for many…

Financial markets largely moved on after the United States and Iran announced an agreement over the weekend. On Polymarket, traders are still debating whether the event happened at all. The prediction market platform has processed more than $345 million in volume on contracts tied to a US-Iran peace deal. While both countries announced an agreement, the market remains unresolved because users disagree on whether the developments satisfy the contract’s requirement for a “permanent peace deal.” Disputed Polymarket’s Iran peace-deal bets. Source: Polymarket When Does a Peace Deal Count? The dispute turns on Polymarket’s definition of a “permanent peace deal.” According…

US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. US spot Bitcoin ETF products drew $622.75 million in net inflows during the week of May 4 to 8, extending the streak to six consecutive weeks of positive flows. SoSoValue tracked the figures on May 11. BlackRock’s IBIT dominated the period with $596 million in net inflows. Grayscale’s GBTC was the notable exception, posting $62 million in net outflows over the same stretch. IBIT’s cumulative total now stands at $66.1 billion. Six weeks and what comes next The current run is the longest…

$XRP exchange-traded funds (ETFs) have continued to attract fresh capital, outpacing both Bitcoin and Ethereum for five consecutive weeks. Despite an overwhelming blanket of bearish sentiment covering the broader cryptocurrency market, institutional demand for $XRP is growing at a slow and steady pace. $XRP’s continued net flows $XRP ETFs captured a weekly total net inflow of $10.68 million (as of the week ending June 12). This brings the cumulative total net inflow to an impressive $1.44 billion. During this period, the total value traded stood at $61.22 million, and the total net assets hovered at $978.86 million. This steady performance…

July 1 is shaping up to be an important deadline for Ripple. It centres on a regulatory filing that has not yet appeared in public records. This development has become especially significant for anyone following recent $XRP News. Meanwhile, the outcome may impact the market. The Deadline Explained California’s Department of Financial Protection and Innovation is finalising its licensing framework under the Digital Financial Assets Law. July 1, 2026, marks the enactment date. Under the proposed rules, businesses may continue operating in California if they submit a complete DFAL application before that date. Various $XRP News articles have also discussed…