Author: NBTC

By James Van Straten (All times ET unless indicated otherwise)Bitcoin has dropped 3% in the past 24 hours and is currently some 7% below its June 14 all-time high. This raises the question of how much further it might drop. In the context of a continuing bull market, double-digit corrections are not unusual, with the largest drawdown reaching 30% since this cycle began in January 2023. One technical factor to keep an eye on is the CME Bitcoin Futures gap between $114,355 and $115,670. These gaps typically occur when price movement happens outside of the CME’s trading hours, generally over…

Yesterday, on day 11 of the Tornado Cash trial, Dr. Edman, co-founder and partner at Naxo, a digital forensics and investigations firm, took the stand for the majority of the trial day. In his direct testimony, he defined key crypto terms for the court, explained the extent to which Tornado Cash was decentralized, highlighted the precautions Roman Storm and the other Tornado Cash co-founders took to prevent bad actors from using the service, and called into question the validity of the analysis presented by two former witnesses. During the cross-examination, the prosecution prodded Dr. Edman to share details and to…

Binance, one of the world’s largest cryptocurrency exchanges, announced that the Arena-Z (A2Z) token will be traded in various services on the platform. Binance Adds Arena-Z (A2Z) Token to Earn, Crypto Buy, Conversion, Margin, and Futures A2Z, Binance Simple Earn, Buy/Sell Crypto, Binance Convert, Marjin ve Futures bölümlerinde aşağıda belirtilen tarih ve saatlerde kullanıma açılacak. Binance Simple Earn A2Z will be added to Binance Simple Earn as part of Flexible Products as of 11:00 on 30-07-2025, and users will be able to initiate flexible staking transactions for A2Z from this date onwards. Buy/Sell Crypto Within an hour of its listing…

Sharesies, a major New Zealand stockbroker and micro-investing app, has decided to wade into cryptocurrency trading, according to a recent report by RNZ. This comes after Bitcoin, as well as several other major cryptocurrencies, recently hit record peaks. Co-CEO Leighton Roberts claims that the company has moved to embrace crypto due to growing customer demand, aiming to make the process of investing in the newfangled asset class “more straightforward.” More than 700,000 users Sharesies, which was launched back in 2017, now boasts more than 700,000 clients in New Zealand and Australia. The platform’s users are currently allowed to gain exposure…

Pakistan has taken a significant step into the digital asset economy by launching a national crypto regulatory authority and initiating plans for a Bitcoin reserve. This development marks a major policy shift from its previous crypto restrictions and underscores the country’s evolving stance on blockchain technology. Launch of PVARA: A New Regulatory Framework Pakistan’s Bitcoin Reserve and State Mining Program Will Pakistan’s Crypto Pivot Push India to Respond? From Hostility to Integration The Case for Self-Custody in a Regulated Environment Best South Asia Crypto Wallets Launch of PVARA: A New Regulatory Framework The newly created Pakistan Virtual Assets Regulatory Authority…

South Korea’s ruling and opposition parties filed dueling stablecoin legislation on Monday, setting up a parliamentary battle over crypto regulation as the nation seeks to establish its place in the global crypto economy. Democratic Party lawmaker Ahn Do-geol has submitted comprehensive regulations for won-pegged stablecoins that explicitly ban interest payments. At the same time, the ruling People Power Party’s Kim Eun-hye filed competing legislation that omits any mention of a prohibition on interest. Both bills grant emergency powers to financial regulators, with the Bank of Korea authorized to request data and conduct inspections supporting monetary policy. The legislative clash comes…

In a significant development for the decentralized finance (DeFi) landscape, South Korean cryptocurrency exchange Bithumb has announced the lifting of its investment warning designation on GMX crypto (GMX). This pivotal decision, effective July 30, signals renewed confidence in the popular decentralized perpetual exchange token and marks a crucial moment for its community. What does this mean for GMX crypto holders and the broader market? Let’s dive in. Understanding the GMX Crypto Investment Warning: What Was At Stake? For many investors, an ‘investment warning’ from a major exchange like Bithumb can be a cause for concern. These warnings are typically issued…

Recent analyses largely agree that retail investors have yet to return to the crypto market, even though Bitcoin has reached new all-time highs. However, there are new signs that Bitcoin’s price surge may soon lure back retail participants. But is it wise to start buying Bitcoin now that it has entered six-figure territory? Analysts are divided on the matter. Should You Start Dollar-Cost Averaging into Bitcoin Weekly? According to Bitbo’s calculations, if a retail investor had invested $1,000 per month in Bitcoin over the past two years, they would have accumulated approximately 0.4588 BTC, yielding a 114.8% return. This result…

Disclaimer: The analyst who wrote this article owns shares in Strategy.Strategy (MSTR), under the leadership of Executive Chairman Michael Saylor, may have just finalized its largest preferred stock issuance to date with an STRC (Stretch) offering joining the STRD, STRF and STRK preferred shares to build out the company’s credit yield curve. Among these, STRC is ranked high in seniority and low in expected volatility. It adds a new short-duration layer to Strategy’s financing mix and diversifies how the company can raise capital for BTC acquisition. Fidelity Alert MSTR STRC (Fidelity) According to a Fidelity alert on X, the deal…

Singapore’s central bank is expected to keep its monetary policy unchanged at its upcoming review on July 31. This comes amid persistent global economic uncertainty. According to a Bloomberg survey, 14 of 19 economists anticipate that the Monetary Authority of Singapore (MAS) will maintain its current policy stance. The MAS previously eased policy in January and April, marking its most accommodative position in five years. Singapore’s approach to its monetary policy is quite exceptional. Unlike central banks that alter interest rates, MAS uses the exchange rate as its main instrument. It conducts monetary policy by adjusting the width, midpoint, and…