Author: NBTC

Abu Dhabi-based Fuze, a regulated digital assets infrastructure provider, and Mamun, a Sharia-compliant alternative finance and investment platform headquartered in Oman, have signed a strategic Memorandum of Understanding (MoU) to enable investment in trade finance through stablecoins, specifically USDT (Tether). This partnership allows both retail and institutional investors to participate in short-term, Sharia-compliant trade financing using USDT. Businesses will receive fiat financing in local currency for supplier payments and cross-border trade, opening up access to new forms of financing. Bridging the $250B MENA Trade Credit Gap for SMEs The collaboration should help address the trade credit gap since the MENA…

Pi Network’s GCV has become one of the most discussed topics in the community lately. Some believe it is the key to massive wealth, while others call it pure hype. What’s really going on? Let us break it down. The term GCV in the Pi Network community stands for Global Consensus Value, an idea introduced by Pi enthusiasts to set a fixed value for Pi Coin. Some fans claim that 1 Pi Coin equals $314,159, inspired by the mathematical constant π (pi). They say that Pi’s rising user base, real-world uses, and limited supply justify such a valuation and see…

David Sacks has praised the Senate’s passage of the GENIUS Act, stating that it enhances consumer protection and strengthens the U.S. dollar’s dominance. On Monday, June 17, the U.S. Senate passed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, marking a crucial step in regulating payment stablecoins. This landmark legislation provides a comprehensive framework for using and issuing stablecoins. The GENIUS Act now heads to the House of Representatives for further consideration, where it could move closer to becoming law. Support from Key Figures in the U.S. Government Speaking on X, David Sacks, the White House…

From July 1st, the well-known crypto exchange Bybit will launch Bybit.eu, the version of the CEX compliant with the MiCA regulation. This innovation offers European traders a safer and more regulated platform, suitable for the needs of a rapidly growing sector with increasingly stringent regulations. Bybit complies with European regulations with Bybit.eu Welcome bonus for new and old users The European context: why Bybit focuses on the European Union A growing and regulated market How the migration of existing users will work Advantages of the new MiCA compliant platform Bybit.eu and the future of digital assets in Europe Bybit complies…

Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an initially announced $300 million. Bitdeer Upsizes Convertible Note Offering The 4.875% notes, maturing July 1, 2031, were sold to qualified institutional buyers. Initial purchasers hold a 13-day option to buy up to an additional $45 million principal amount. The sale is expected to close on June 23, 2025. The bitcoin mining company said the notes are convertible into Class A ordinary shares at an initial price of approximately $15.88 per share, representing…

Bitcoin BTC$110,306.91 quietly climbed to its strongest price in June on Monday, rebounding from last week’s decline to near all-time high levels. BTC advanced 3.7% over the past 24 hours to $109,500, and its changing hands only 2% from its record prices observed in May. Ethereum’s ether ETH$2,637.59 kept pace with 3.8% gain during the same period, bouncing above $2,620. Native tokens of Hyperliquid and SUI SUI$3.45 outperformed most large-cap cryptocurrencies up 7% and 4.5%, respectively. “A ‘peaceful rally’ is a perfect way to describe this price action,” said well-followed analyst Caleb Franzen, founder of Cubic Analytics. “Just a consistent…

In a display of crypto’s long game paying off, a participant in Ethereum’s 2014 Initial Coin Offering (ICO) awoke after 10 years of dormancy and deposited 2,000 ETH that they had acquired at the time onto Binance. If they cashed out, the potential windfall from a mere $620 investment during Ethereum’s genesis would represent an eye-watering 8,270x return. A Long Sleep Ends According to blockchain data tracker Lookonchain, the dormant wallet first signaled life by moving a tiny fraction of ETH, just 0.002 coins, less than an hour before the main deposits started. Then, over the past two days, the…

Strategy stock price has jumped by 27% this year, beating Bitcoin, which has jumped by almost 12%. Meanwhile, a small leveraged ETF tied to the stock, Defiance Daily Target 2x Short MSTR ETF (SMST), has plummeted to a record low of $29, marking an 82% decline from its January levels. The ETF holds over $42 million in assets. SMST vs MSTR vs Bitcoin | Source: SeekingAlpha This sharp underperformance is due to SMST’s design: it seeks -2x the daily percentage change of Strategy stock (MSTR). In other words, it is structured to rise when Strategy stock falls—and to decline when…

Fart-powered humor trumped crypto gloom as fartcoin climbed 12% in 24 hours, clawing back losses from a Pump.fun-fueled slump earlier this week after Coinbase (COIN) added the token to its listing roadmap. CoinGecko data shows that the move to $1.06 came on record-high $400 million trading volume, pushing the token into the top 100 by market cap. Coinbase’s listing roadmap is a watchlist the exchange uses before activating spot trading. Although no go-live date has been set, tokens on the roadmap typically do so within weeks, and traders are betting that the same playbook will repeat. Assets added to the…

Trump hosts Pakistan’s Army Chief Asim Munir at the White House in a rare high-level meeting. The visit sparks controversy over alleged Trump-linked crypto deals with Pakistan-based firms. Protests and geopolitical tensions surround the meeting amid rising crypto and security concerns. US President Donald Trump will host Pakistan’s Army Chief, Field Marshal Asim Munir, at the White House this week – a rare and high-profile meeting that’s already drawing attention across diplomatic and crypto circles. It’s not just the military talks grabbing headlines. The visit comes amid growing controversy over alleged crypto dealings tied to Pakistan-based firms and Trump family…