Author: NBTC

As a former financial regulator, I understand that no law can prevent every market failure or stop every bad actor. Fraud exists in every market, at every scale, but strong rules can mitigate the worst outcomes. They give regulators visibility, set obligations for companies before consumers engage with their products, and require firms to operate with basic and enforceable accountability. The bill is often described as crypto market structure legislation. That description is accurate, but it doesn’t capture the full scale. Market structure is the legal architecture that determines who must register with which agency, who supervises the market, what…

Polygon Labs has cut another round of jobs as it completes the integration of crypto exchange Coinme, part of a restructuring that the company says is intended to support profitability by 2027. According to Polygon Labs CEO Marc Boiron, the workforce reduction comes as the company enters the final stages of acquiring Coinme and prepares to merge its operations into Polygon Labs, a move he said will expand the organization while changing its focus from a blockchain foundation to a blockchain-enabled payments company. In a post on X, Boiron said the layoffs were a difficult but necessary part of the…

Michael Saylor’s Strategy (formerly MicroStrategy) has sold 3,588 $BTC for $216 million. His average sale price was approximately $60,200 per $BTC net of fees, far below the company’s cost basis of nearly $75,700 for its stack of coins prior to this sale. After years of vowing, “We’re not sellers. We’re only acquiring and holding $BTC,” he sold after a 52% drawdown from $BTC’s high in October 2025 and a 20% drawdown from Strategy’s own cost basis. Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our…

The Ethereum price is in the $1.9K range. $ETH has locked in a 10% weekly gain. Ethereum ($ETH), the largest altcoin, is trading at $1,919, up 1.99% on the day, with $12.35 billion noted in trading volume. Zooming in at the 7-day performance, $ETH is up by over 10%, while Bitcoin sits at 3.96%, and most of the market is flat or bleeding. Moreover, there is a direct positive correlation between $ETH and bond yields. As yields come down, money rotates out of fixed income and into risk assets, and crypto tends to be one of the first destinations. Also,…

The capital flow into decentralized lending infrastructure isn’t slowing, even as much of the market wrestles with regulatory ambiguity. Morpho, once known as a minimalist money market optimizer, has just pulled in $175 million from a syndicate that reads like a who’s who of crypto-native and traditional finance allocators. The Morpho Association, the entity coordinating the protocol’s development, disclosed the round in the latest Morpho Effect update. Paradigm, a16z crypto, and Ribbit Capital led the raise, with Apollo Funds, Circle Ventures, VanEck, Ledger, and Cathay Innovation all participating. This is not a venture bet on a fresh startup; it is…

Ukraine is now targeting Russia’s ability to evade financial restrictions using modern technology, including cryptocurrencies and stablecoins. The move brings Kyiv’s sanctions regime in line with the EU’s most recent packages of measures against Moscow and goes beyond them in certain areas. Zelenskyy slaps Russia with new crypto sanctions Ukrainian authorities are expanding restrictions for the Russian financial sector in an effort to make it harder for Moscow to fund its war on their country. The decision to update the sanctions, adopted by the National Security and Defense Council, will be enforced with a decree signed by President Volodymyr Zelenskyy.…

Keyrock, a digital-asset services firm, acquired the trading and brokerage assets of BlockFills’ institutional digital asset business, bolstering its push into institutional crypto markets, the company said in a press release Thursday. The completed transaction adds BlockFills’ client relationships, trading technology and derivatives expertise to Brussels-based Keyrock’s existing businesses spanning market making, over-the-counter (OTC) trading, options, credit, onchain services and asset management. CoinDesk reported in June that Keyrock was in the process of acquiring Chicago-based crypto trading and lending firm Blockfills. According to a bankruptcy filing, Keyrock agreed to pay $3.25 million for substantially all of BlockFills’ assets, while assuming…

Strive, Inc. bought 17.76 bitcoin last week and now holds 19,882 coins, the company said in a Form 8-K filed earlier today. The firm purchased the coins between June 29 and July 2 at an average price near $59,850. Chief Executive Matt Cole disclosed the update in a post on X. The purchase reads as a deliberate nod to the July 4 holiday. The figure of 17.76 points to 1776, the year the United States declared independence. The buys landed days before the nation’s 250th anniversary of that declaration. The weekly buy was small. The quarter behind it was not.…

Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average and the kind of supply-side move traders typically read as accumulation, according to Nansen. Nansen’s data complicates that reading, as top-PnL wallets sold a net $64 million over the past seven days, and smart traders and whale accounts on Hyperliquid perpetual futures both hold net short positions. “Smart traders” held $38 million net short, and whale wallets added another $21 million net short on top of that. Those are cohorts the market treats as genuinely informed traders, which…

Pendle has announced a significant milestone with a total of over 100 million $PENDLE tokens staked, which accounts for approximately 36% of its total supply. This achievement was shared on the project’s official Twitter account, highlighting the growing interest in Pendle’s staking mechanism and its impact on the ecosystem. You can find more details in the official announcement here. The Latest The broader crypto market is currently exhibiting mixed signals, yet Pendle stands out with its recent staking milestone. The announcement underscores a substantial increase in user engagement, as the total tokens staked have now surpassed 100 million. This comes…