Author: NBTC

BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under management (AUM), reaching the milestone in just 341 trading days. This achievement makes IBIT the fastest ETF to ever hit that threshold. JUST IN: BlackRock’s spot Bitcoin ETF becomes the fastest ETF in history to surpass $70 billion AUM pic.twitter.com/kZkXhjEvq0 — Bitcoin Magazine (@BitcoinMagazine) June 9, 2025 To put that into perspective, the previous record-holder—SPDR Gold Shares (GLD)—took 1,691 days to reach the same milestone. “5x faster than the old record held by GLD of 1,691 days,” Bloomberg ETF analyst Eric…

Ethereum staking hits record 35M ETH despite volatile price swings. Accumulation wallets rise, signaling strong long-term investor commitment. ETH price dips 3.74% with high trading volume showing active market moves. Ethereum’s staking system reached a new mark in mid-2025, with over 35 million ETH locked, marking the highest amount ever staked on the network. This increase in staking activity occurs amid major price fluctuations, displaying shifting investor behavior focused on long-term commitment rather than short-term price movements. Ethereum Hits ATH in Staking: Over 35 Million ETH Locked“Alongside this, Accumulation Addresses (holders with no history of selling) have also reached an…

Australia is nearly ready to pass a tax on unrealized capital gains. If the proposal is approved, scheduled for July 1, it will apply to individuals with investments exceeding AUD 3 million ($2 million). Stocks as well as digital assets such as Bitcoin will be taxed during the 2025-2026 period as part of this plan. Analyst Fred Krueger emphasized that this represents a significant shift in Australia’s approach to capital gains taxation. Earlier administrations had discussed these ideas, but they never became law, so this is a landmark change in Australian taxation. Related: Australia’s ASIC Initiates Civil Penalty Proceedings Against…

DWF Labs has officially listed the USD1 stablecoin on its institutional trading platform, DWF Liquid Markets, marking a pivotal development in crypto market accessibility. The USD1 stablecoin, tied to the politically notable World Liberty Financial (WLFI) project, now gains exposure to over 1,000 institutional counterparties, enhancing liquidity and trading opportunities. According to COINOTAG, this listing not only boosts USD1’s market presence but also highlights the growing intersection of digital assets with political affiliations. DWF Labs lists USD1 stablecoin linked to WLFI project on its institutional platform, expanding liquidity and spotlighting the political ties influencing crypto markets. DWF Labs’ USD1 Stablecoin…

CFTC Commissioner Kristin Johnson believes that artificial intelligence can offer huge advantages for the crypto sector—but it may also exacerbate the risk of fraud. Speaking at DigiAssets 2025, Johnson said machine learning and neural networks are now analyzing vast amounts of data in real time, including price action and social media sentiment. While she praised AI’s potential for speeding up settlement times and helping firms achieve compliance, Johnson warned that these models can hallucinate “or lack the ability to comprehend certain real-world roadblocks.” Risks surrounding bias and data privacy breaches were among the other threats Johnson highlighted—and during her speech…

VanEck’s planned Solana (SOL) exchange-traded fund has been listed with the Depository Trust & Clearing Corporation (DTCC) under the ticker symbol VSOL, signaling another step in mainstreaming Solana exposure for traditional investors. According to DTCC records, the fund is labeled “VANECK SOLANA TR COM SHS BEN INT” and falls under the ‘D’ settlement category, an industry standard indicating eligibility for electronic trading and clearing once regulatory and exchange approvals are secured. Solana, a high-speed blockchain network designed for scalable decentralized applications, has gained significant attention as an alternative to Ethereum due to its lower transaction costs and growing developer ecosystem.…

In an unexpected shift in market sentiments, the world’s leading cryptocurrency by market capitalization, Bitcoin, has seen a notable spike in short liquidations today, according to recent data from crypto analytics platform Glassnode. After several days of persisting downturns in funding rates, Bitcoin has experienced a decent rally in price, wiping bearish traders out of the market. The dramatic shift was preceded by a rapid ascent in Bitcoin’s price, which saw it rally between $105,000 to $107,000 in just a few hours. Following this surge in Bitcoin’s price, traders holding short positions have seen a significant spike in liquidations within…

Ethereum is holding steady at the $2.5K mark. The market has witnessed liquidations totalling $100.82 million worth of ETH. Escalating bearish pressure in the crypto market has intensified the downside risks across the assets. All major assets have entered the red zone, marking their losses, with Bitcoin hovering at around $105.4K. Meanwhile, the largest altcoin, Ethereum (ETH), had a series of recovery attempts, and the big question looms: when will Ethereum break past $3K? ETH kicked off the trading day with the bulls leading the charge, as the asset recorded its daily high at $2,609. But the bears swiftly took…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. June has certainly started off with a bang, and we don’t expect things to slow down anytime soon. With lots of updates on the tariff front, Congress back from recess, and an FOMC meeting on the horizon, it’s going to be a busy month. Focusing on tariffs, though, here’s where we currently stand: After last week’s court drama, certain tariffs (including Trump’s fentanyl-related levies against Canada, Mexico and China) will remain in place until at least June 9. To recap: The US Court of International Trade…

The wider promise of stablecoins, cryptocurrencies whose value is tied to another asset, has remained elusive until now due to regulatory uncertainty, broker Canaccord said in a research report Wednesday. The passage of the GENIUS Act in the U.S. Senate changes everything, it said. The legislation, whose full name is Guiding and Establishing National Innovation for U.S. Stablecoins Act, is designed to bring stablecoin innovation back to the U.S. Winning Senate support was harder than is likely in the House of Representatives, the report said. Given the bill’s bipartisan support, stablecoin legislation in the U.S. is almost here. “Stablecoins represent…