Author: NBTC

Senate Republicans are seeking Democratic support for the Clarity Act as lawmakers consider starting a floor process before the August recess. Clarity Act faces a 60-vote Senate test Crypto industry groups hope Thune will begin the floor process by filing cloture on a motion to proceed, according to a Crypto in America report. A cloture filing would typically set up a vote two Senate session days later. At least 60 senators would need to support the motion before the chamber could begin debating whether to take up the bill. If the Senate invokes cloture, lawmakers could spend as many as…

Ondo has announced the introduction of fixed-rate, fixed-term lending for tokenized stocks, marking a significant development in their offerings. This new feature is live now on Morpho and aims to enhance trading opportunities for users. This update could attract more investors looking for predictable yields in the evolving crypto landscape. For more details, check out Ondo’s announcement on Twitter. The Key Development The crypto market just witnessed a sharp move as Ondo launched fixed-rate lending for tokenized stocks, notably FLHYon, $SPYon, and $QQQon. This development allows users to leverage these assets on Morpho, previously utilized as collateral. The broader crypto…

NEXT has shipped v5.9.2 of the NeoLine Chrome extension wallet, adding signing-transparency features that show users key details of a transaction before it is confirmed. Changes impacting the Neo X-side of the user experience include: Permit request details, including spender address, approved amount, and expiry date, are now displayed before the user confirms. Estimated balance changes are shown before a transaction is signed. Clear flags appear when a transaction involves unlimited approval or revocation. The update addresses a problem known as blind signing, in which a wallet asks a user to authorize a transaction without showing what is being approved.…

Bitcoin has spent years fighting for acceptance in traditional finance. Many investors questioned whether institutions would ever embrace digital assets. Those doubts have largely disappeared. Today, the conversation looks very different. BlackRock’s launch of its new Bitcoin income ETF marks another major step in Bitcoin’s evolution. This product does not simply offer exposure to Bitcoin. Instead, it focuses on generating income while maintaining Bitcoin-related exposure. That distinction matters because it shows how institutional investors now view the asset. The market no longer debates whether $BTC belongs in portfolios. Large financial firms have already answered that question. Now they are creating…

Federal Reserve Chairman Kevin Warsh stated that the Fed’s dual mandate of price stability and full employment is not contradictory, adding that controlling inflation would encourage employers to create new jobs. During the session, Warsh, while commenting on the US economy, stated that economic activity remains strong and financial markets are generally functioning healthily. However, he noted a mixed picture in the housing market, adding that inflation remaining above the Fed’s target for an extended period is putting pressure on housing finance and affordability. Warsh stated that the Fed could mitigate the effects of this problem by ensuring price stability,…

A federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction against the law to Kalshi, Polymarket and the Commodity Futures Trading Commission. Judge Katherine Menendez, of the U.S. District Court for the District of Minnesota, ruled Monday that Minnesota’s recently passed law that would ban prediction market operators from offering their products in the state seems to be preempted by the federal CEA, and that the companies and federal regulator “are likely to succeed” in showing so after a full trial. Kalshi, Polymarket and the CFTC sued Minnesota…

Coinbase began offering US perpetual-style futures on its CFTC-regulated derivatives exchange, starting with nano Bitcoin and Ethereum contracts that track spot prices, carry embedded leverage, and trade around the clock. This is a financial product that’s responsible for most of the crypto leverage in the world, and it’s now crossed into the US market. Aside from bringing another way to bet on Bitcoin, it’s also bringing the entire machinery that essentially set offshore price discovery for years. The US market is now importing funding payments, continuous leverage, and automatic liquidations across several exchanges, each one built to different specifications. Perpetual…

SodaBot, an independent entity for AI agent routing, has collaborated with Matrix Chain, a $BNB Chain-based AI-centered blockchain infrastructure entity. The partnership is set to boost AI-powered execution across advanced decentralized ecosystems. As per SodaBot’s official X announcement, the initiative merges its cognitive execution model with the execution rollup framework of Matrix Chain. Hence, the development is poised to enable more intuitive and faster task execution for independent AI agents. SodaBot 🤝 @Matrix__Chain 🔹 Matrix: Execution Rollup & AI-Driven On-Chain Infrastructure on $BNB Chain🔹 SodaBot: Autonomous Agent Routing & Cognitive Execution FabricConnecting autonomous agent routing with high-performance execution environments to…

Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation, or protocol-based yield to create returns for investors. His comments came in a June 16 post on X, where he outlined a five-layer Digital Asset Stack built around Bitcoin. “Bitcoin does not need staking,” Saylor said. He also said Bitcoin does not need inflation or changes to its base protocol. The comment placed Bitcoin apart from networks such as Ethereum, where staking is part of the protocol design. Saylor described Bitcoin as “pure digital capital,” with returns created through financial products above the asset rather than inside the…

Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD’s business model threatens the stablecoin issuer’s long-term economics. Circle shares were trading 0.6% lower at $62.63 at publication time. Open USD, a dollar-backed stablecoin unveiled June 30 by the Open Standard consortium, “could fundamentally alter CRCL’s business model, which relies on retaining a large portion of the treasury yield to drive revenues,” analysts led by Dan Dolev said in the Tuesday note to clients. The consortium counts more than 140 partners, including Mastercard (MA), Stripe, Coinbase (COIN)…