Author: NBTC

SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world’s sixth-largest crypto. The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities within the Solana ecosystem, according to a filing on Tuesday. In other words, the move will allow SOL Strategies to prepare for potential capital raises, allowing it to move quickly on investment opportunities in the Solana ecosystem without delay due to additional regulatory approvals. The document was submitted to…

IOTA and Tony Blair Institute for Global Change TL;DR:The IOTA Foundation and the Tony Blair Institute for Global Change are partnering to build open, trusted digital infrastructure to support inclusive trade, digital identity, and innovation for governments, small businesses, and underserved communities worldwide. The digital systems that power modern economies are often fragmented, proprietary, and exclusionary. To build infrastructure that is truly inclusive and future-ready, we need public goods: open-source, standards-based systems built on trust, interoperability, and shared governance. This is the motivation behind a new phase of collaboration between the IOTA Foundation and the Tony Blair Institute for Global…

India’s Central Bureau of Investigation has arrested a Delhi man and seized over $327,000 (₹2.8 crore) worth of crypto after busting a transnational cybercrime operation that targeted victims in the United States and Canada. Rahul Arora was arrested in New Delhi during coordinated raids at three locations across India on Tuesday, with investigators uncovering sophisticated tools used to impersonate government officials and tech support representatives to defraud overseas victims. “Acting on actionable intelligence developed during the investigation, CBI conducted these searches and uncovered incriminating evidence busting the operation of a group engaged in transnational cyber fraud,” the CBI said in…

Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds, dragged down by a large exit from Blackrock’s IBIT. Meanwhile, ether ETFs celebrated a milestone 15th straight day of net inflows. Bitcoin ETFs Post Second Day of Outflows as Ether ETFs Mark 3 Weeks of Inflows The bulls showed up across much of the U.S. spot bitcoin ETFs, but it was not enough to stop a Blackrock-sized exodus. Despite five bitcoin ETFs recording inflows, a $130.49 million outflow from Blackrock’s IBIT dominated the day, resulting in a $47.82 million net…

Spot Ethereum exchange-traded funds generated $125 million in inflows on Tuesday, representing their best daily performance since early February, CoinGlass data showed. BlackRock’s iShares Ethereum Trust ETF (ETHA) led the eight funds with $80 million in net inflows.  The surge coincides with Ethereum’s rise above $2,800 for the first time in nearly four months. The last time overall inflows eclipsed that mark was on Feb. 2, when investors stuffed $276 million into BlackRock’s ETHA and Ethereum’s price stood at $2,900.  Ethereum was recently changing hands around $2,853, a 4.8% increase over the past day, according to crypto data provider…

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Money and banking, in the end, is a confidence game, and our job at the Federal Reserve is to preserve confidence.” — Richard Fisher, President, Federal Reserve Bank of Dallas (2005-2015) In Michael Lewis’ Wall Street classic Liar’s Poker, the phrase “equities in Dallas” is wielded as an epithet — a catch-all term for the least competent people at Salomon Brothers doing the firm’s least desirable jobs. The young investment bankers in Lewis’ class of Salomon trainees lived in fear of being assigned to the equities division…

BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory ambit. The launch of tGBP follows a 14 month review including one month participation in the FCA regulatory Sandbox, which concluded on 31 May, the company said on Tuesday. Stablecoins, with around $250 billion in collective market cap, are one of the fastest growing areas within crypto. But the vast majority of these tokens are pegged to USD, in a market currently dominated by Tether’s USDT, the largest, and Circle’s…

In a time when the world needs climate solutions that actually work, this new partnership between a Swiss blockchain company and an Indian climate-tech startup is quietly setting a new benchmark. Last week, Fedrok AG, a Switzerland-based blockchain infrastructure provider, shared that they signed a formal MoU with TechXEarthSpace Pvt. Ltd., a deep-tech climate company headquartered in Bangalore. Their shared goal? To build a next-generation carbon credit, one rooted in real carbon removal, scientifically verified underground storage, and a layer of blockchain-backed transparency that removes guesswork from the equation. The core idea: climate action should be transparent, measurable, and verifiable,…

Bitcoin (BTC) may be on track to reach a new all-time high in the third quarter of 2025, according to insights comparing its trading patterns to those of gold. In this case, cryptocurrency analyst Ted Pillows highlighted this parallel, noting similarities between Bitcoin’s current price behavior and gold’s historical rally, he said in an X post on June 7. In his breakdown, Pillows explained that Bitcoin appears to follow the same sequence of market phases gold experienced before its major breakout. He noted that gold went through a distribution phase, followed by years of accumulation between 2013 and 2018. It…

Ethereum price made a bullish breakout this week, reaching a high of $2,832, its highest level since February 4. Ethereum (ETH) has jumped 102 percent from its lowest level in April, giving it a market capitalization of $333 billion. Currently trading at around $2,800 there are four reasons why the coin can soon rise to the $3,000 level. 1. Ethereum ETF inflows continue Wall Street investors are aggressively buying Ethereum funds, a sign that they expect further upside. SoSoValue data shows that inflows rose by $124.9 million on June 10, bringing cumulative inflows since inception to $3.5 billion. These fund…