Author: NBTC

Grayscale has challenged the U.S. Security and Exchange Commission’s move to pause the debut of its exchange-traded fund that holds Bitcoin, Ethereum, Solana, XRP, and Cardano, alleging its investors are “suffering harm” as a result of the hold-up.  In a letter dated July 8, the asset manager urged the Securities Commission to allow its Digital Large Cap Fund to begin trading.  Grayscale added that it may file a petition to force the regulator to allow its fund to begin trading as soon as possible.    “The Exchange and the Fund’s current investors are suffering harm as a result of the…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Phantom wallet announced yesterday that it was integrating Hyperliquid perps right into its wallet interface. Loading Tweet.. This is surprising, mainly because Phantom is Solana’s marquee wallet and far ahead of competing wallets like Solflare or Backpack, with 15 million monthly active users (MAUs). If Phantom wanted a cut of the perps market, I suppose one would’ve naively expected it to partner up first with a native Solana perps DEX like Drift or Jupiter. But though Drift or Jupiter might be hometown favorites, Hyperliquid is where the…

Prominent blockchain sleuth Whale Alert, which tracks large cryptocurrency transfers and shares the details of them on its X account and its own website, has reported that a major Bitcoin transaction has arrived on major U.S. exchange (and the largest in trading volume), Coinbase. To be more precise, it was its branch working with institutional clients — Coinbase Institutional. The transfer carried 619 Bitcoins valued at $68,110,766 at the time of the initiated transaction. 🚨 🚨 🚨 619 #BTC (68,110,766 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/OVCNWOAZhQ — Whale Alert (@whale_alert) May 26, 2025 Now that Bitcoin has lost…

Goldman Sachs has brought forward its Fed interest rate cut forecast. The bank, which previously expected the rate cut to begin in December, may now begin in September, stressed that the inflationary effects of customs duties appearing to be “more limited than expected” were influential in this decision. “While this is still unclear, we think the probability of a September rate cut is above 50%. This could be driven by the effects of weaker tariffs, larger disinflationary cushions and either a genuinely softening labor market or fears of monthly volatility,” the economic team led by Goldman Sachs Chief Economist Jan…

Institutional adoption for Aptos RWA is accelerating, with on-chain holdings including $420M in private credit, $86.93M in U.S. Treasuries, and $30.72M in alternative funds. Aptos is scheduled to unlock 11.31 million APT tokens (~$49.5M) on July 12, which may impact near-term price action. The Aptos Network is becoming a go-to preferred choice for real-world asset (RWA) tokenization, as the latest data shows that the total value locked (TVL) in RWAs, surged by a massive 56.28% in the last 30 days to $538 million. This highlights strong adoption while placing Aptos as the third-largest RWA network by TVL, trailing only behind…

Cryptocurrency asset manager Grayscale has appealed the US Securities and Exchange Commission’s (SEC) decision to halt its exchange-traded fund (ETF) containing XRP, Solana, Bitcoin, Ethereum, and Cardano. The company stated that this delay was harming its investors and called on the regulator to open the fund for trading as soon as possible. Grayscale’s official letter to the SEC stated, “The exchange and the fund’s existing investors are being harmed by the delay in the fund’s commencement of public trading.” Grayscale also stated that it may pursue legal action if necessary to force the fund to commence trading. The SEC approved…

Bitcoin (BTC) surged past $111,000 during the early hours of the Asian session on Thursday. However, investors may have seen this coming, amid a familiar twist- Coinbase went down. As the major US exchange experienced temporary connectivity issues, crypto Twitter lit up with predictions of a massive rally that seemed to materialize in real time. Coinbase Downtime Fuels Bullish Frenzy Reports on X (Twitter) indicate Coinbase Exchange suffered downtime in the early hours of Thursday. However, contrary to the typical reaction among investors, crypto market participants remained optimistic whenever such incidents happened. “Coinbase is down. OGs know what this means.…

Hut 8, a Bitcoin miner tied to the Trump family, is building a new office in Dubai, locking in on the city’s crypto-friendly environment. The company, which is based in Miami, officially registered its expansion last week through the Dubai International Financial Centre, with a spokesperson confirming it’s recruiting staff to lead trading and Bitcoin hoarding operations out of the UAE. According to Bloomberg, CEO Asher Genoot said the Dubai expansion will “enhance the precision and efficiency of Hut 8’s capital strategy.” The company, which ran mining operations in Texas, New York, and Alberta through 2024, had a team of…

Polygon’s POL token is seeing renewed momentum just a day before the Heimdall v2 mainnet upgrade, set for July 10. At press time, Polygon (POL) is trading at $0.2001, up 7% in the past 24 hours and 11% over the past week. Trading volume has jumped 71.4% to $92 million, with derivatives volume up 67.87% to $83.75 million, as per Coinglass data. Open interest has also climbed 10.98%, now standing at $98.7 million. These figures point to increased activity in both the spot and derivatives network. The upcoming upgrade marks a significant step in Polygon’s roadmap. Since Polygon proof-of-stake launched…

House Republicans, supported by the White House, are barrelling forward with a slew of crucial votes on digital assets legislation set for next week—and Democrats appear unsure of how to approach “Crypto Week” with a unified front.  Next week, among other crypto-related measures, the House will vote on the stablecoin-focused GENIUS Act and the CLARITY Act, which would create a crypto market structure framework. Some senior House Democrats have urged party leadership to officially come out against both bills, and whip votes against them, sources familiar with the matter told Decrypt.  But these efforts appear to have been unsuccessful, others…