Author: NBTC

In brief A Tennessee man was indicted on 11 federal counts for running an alleged crypto Ponzi scheme through his firm Star Credit Holdings from 2020–2024. He allegedly lured investors with false promises of guaranteed returns, paid old investors with new investor funds, and diverted over $1.9 million to himself and family. Charges include wire fraud, money laundering, and filing false tax returns; he faces potentially decades in federal prison if convicted. A Tennessee man has been indicted on federal charges stemming from an alleged cryptocurrency investment fraud that bilked investors across the country out of millions of dollars, the…

Binance has launched tokenized SpaceX shares as trading demand pushes the company’s valuation above $3 trillion and drives a surge in SpaceX-linked crypto products. According to a June 12 announcement from Binance, the exchange has listed $SPCXB, a tokenized version of SpaceX stock, on its spot market, with trading for the $SPCXB/USDT pair going live at 17:00 UTC. Binance also enabled automated trading tools for the new pair from launch and introduced a zero maker fee promotion that will remain in effect through the end of August 2026. A few days after trading opened, deposits and withdrawals for the token…

After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Key Takeaways: Bitcoin peaked at $82,458 on Sunday before retreating and consolidating under $82,000. Nearly $135 million in bitcoin positions were liquidated as Trump’s rejection of Iran’s deal flattened markets. Aramco CEO Amin Nasser warns that a blocked Strait of Hormuz could delay oil normalization until 2027. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of…

The cryptocurrency projects that generated the most revenue in the last 30 days have been revealed. According to the data, stablecoin issuer Tether topped the list with $438.7 million in revenue. Tether was followed by Tron with $242.8 million and Circle with $194.7 million. While stablecoin issuers dominate the top of the list, projects from diverse sectors such as Hyperliquid, Polymarket, pump.fun, Aave, Base, and Phantom also stand out with their revenue performance. In particular, Hyperliquid saw a 45.3% increase in revenue over the last 30 days, while Base’s revenue trend showed a remarkable 104.5% rise. However, some projects experienced…

The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from applying its gaming laws to CFTC-registered prediction-market exchanges. The CFTC’s complaint seeks a declaratory judgment that federal law grants the agency exclusive authority to regulate event contracts and requests a permanent injunction barring New Mexico from enforcing state gaming statutes against its registrants. The filing comes roughly a week after New Mexico sued CFTC-registrant KalshiEX LLC in state court, alleging its sports-event contracts amount to unlawful online sports betting. “New Mexico is the latest state seeking to nullify black letter…

The cryptocurrency market lost approximately $440 billion in total capitalization over the last 30 days, with Bitcoin falling from $81,000 to a low of $59,000 recorded on June 5. Hyperliquid’s share of the total volume of decentralized perpetual contract exchanges stands at 56.31%, compared to the 23% recorded at the beginning of the year. The platform’s volume reached a record 7.6% of the total perpetual contract market, including centralized exchanges. The number of monthly active users of Hyperliquid recorded an increase of 21.8% during the last five weeks, reaching 220.76K users in the week of June 8 to 14. The…

A comparative analysis published on May 11 by XWIN Japan tracked how Bitcoin, Ethereum, $XRP, $BNB, and Solana held up during the six months of market stress between October 2025 and April 2026. According to the report, that downturn was less about panic selling alone and more about “internal selection,” with investors separating Bitcoin from the broader altcoin market amid macro stress and shrinking liquidity. Bitcoin Stayed Ahead While Altcoins Took Deeper Losses Going by XWIN’s data, $BTC dropped 52.5% in that period, going from a peak of around $126,000 to roughly $60,000. And while that was a brutal fall…

The cryptocurrency market has only partially recovered from the major declines of previous weeks, and at the time of writing, Bitcoin is trading at $63,739, having risen by 2.5% in the past week. A significant part of the recovery stemmed from an agreement between Iran and the US that was reportedly going to be signed today. However, Iran denies the agreement will be signed, while US President Donald Trump insists it will happen today. Some analysts believe the agreement was delayed by Iran to avoid being signed on Trump’s birthday. However, the cryptocurrency market can also expect numerous economic developments…

The cryptocurrency analysis platform Bubblemaps has shared some noteworthy data about BRENT, one of the memecoin projects that has been rapidly rising recently. The token, inspired by Brent crude oil and rising global energy prices, is said to have a high concentration in its supply. According to Bubblemaps data, approximately 70% of the BRENT supply is held by new wallets funded by centralized exchanges (CEXs). Analysis revealed that more than 50 wallets were funded by exchanges before the token’s market capitalization surpassed $10 million. Related News BREAKING: U.S.-Iran Diplomatic Process Paused Due to Lack of Response from Iran These wallets…

Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Key Takeaways: Senator linked crypto regulation to dollar demand, consumer safeguards, and U.S. financial leadership. Stablecoin reserves could support demand for dollars and Treasuries, according to the senator. Lawmakers still must pass, reconcile, and approve the CLARITY Act before enactment. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking Committee Chairman Tim Scott (R-SC)…