Author: NBTC

Bitcoin trades at $65,581 on June 17, holding above the 0.5 Fibonacci level at $66,782 as spot ETFs recorded their third inflow day this month and three of the most respected research teams in crypto published conflicting bottom calls on the same week. $BTC Daily Chart: MACD Crosses Bullish With Price at the 0.382 Fibonacci $BTC Daily Price Action (Source: TradingView) The daily chart shows $BTC recovering from the June low at $59,098 into a dense Fibonacci cluster. Price currently sits between the 0.382 level at $64,968 and the 0.5 at $66,782 with the 20 EMA at $66,496 acting as…

SBI Holdings is a Tokyo-listed financial conglomerate that has spent 10 years turning itself into one of Japan’s largest regulated crypto operators. Its exchange passed 2 million registered accounts on July 6, 2026. It distributes three stablecoins. And it has agreed to buy one of its largest domestic rivals for ¥46.7 billion, about $289 million. What makes the story worth telling is the timing. SBI was building licensed crypto rails while most traditional finance firms were still writing memos about whether blockchain was real. There was never a moment of conversion. The group just kept adding pieces, year after year,…

Evernorth COO: Japan’s $XRP ‘Chicken-and-Egg’ Dilemma Could End as Tokenization Accelerates Japanese financial institutions remain optimistic about $XRP’s long-term potential, but adoption continues to be held back by what Evernorth Chief Operating Officer Meg Nakamura describes as a classic chicken-and-egg dilemma. Speaking at WebX Asia 2026 in Tokyo, Nakamura said many banks and financial firms recognize the value of blockchain-powered finance, yet few are prepared to be the first to make significant investments without seeing broader institutional participation. According to Nakamura, the hesitation stems from a self-reinforcing cycle: institutions want proof that their peers have embraced $XRP before committing capital,…

The U.S. Securities and Exchange Commission (SEC) has indicated that it is prepared to establish its own regulatory framework for cryptocurrencies if the proposed CLARITY bill fails to pass through Congress. The statement, reported by Watcher.Guru, signals a potential shift in the agency’s approach to digital asset oversight, moving from enforcement-based actions toward formal rulemaking. What Is the CLARITY Bill? The CLARITY (Clarity for Digital Tokens) Act is a legislative proposal aimed at providing a clear legal classification for digital tokens and cryptocurrencies. Currently, the SEC has relied heavily on enforcement actions against crypto firms, often using the Howey Test…

The world’s most traded crypto instrument isn’t spot bitcoin or ether. It’s a derivative that didn’t exist before Arthur Hayes and his co-founders shipped BitMEX’s original perpetual swap in 2015. According to CoinDesk, these “perps” have since grown into one of the most exchanged financial products globally, and their design has spawned an entire shadow banking system for digital assets. Understanding perps is not just about knowing a futures contract without an expiry date. It’s about grasping the synthetic leverage machine that now sets the tempo for crypto price action across exchanges. Perpetual futures are a clever mechanism. Unlike traditional…

The Bitcoin CVDD model that has historically nailed the bottom now indicates that the premier crypto asset has a local base at $48,000. Bitcoin ($BTC) dropped under $60,000 on June 5, breaking below its February low of $60,130. While its price has recovered to $65,000, the decline may have done more than shake market confidence. According to on-chain data highlighted by CryptoQuant analyst Axel Adler Jr., the move pushed a key behavioral metric into a territory historically associated with capitulation phases. Additionally, a separate valuation model now points to $48,000 as the cycle’s possible price bottom. The Bitcoin Drop to…

Producer Prices Cool, Fed Bets Shift The Bureau of Labor Statistics released the June Producer Price Index (PPI) at 8:30 a.m. Eastern time. The headline number came in at 5.5%, below consensus estimates and down from prior readings. Lower producer prices tend to feed into consumer inflation over time. With June CPI already showing signs of moderation, traders read the PPI print as another sign the Federal Reserve has room to cut rates later this year. Treasury yields eased slightly in early trading, a move that typically supports higher valuations for stocks and crypto. Companies with heavy energy or commodity…

Morgan Stanley has launched the Solana Trust ETP, which began trading on NYSE Arca this week, providing investors a regulated vehicle to gain exposure to Solana without directly handling the cryptocurrency. This launch is significant as it reflects the growing acceptance of crypto assets in traditional finance, particularly among institutional investors. The impact on the market could be substantial as more financial products like this enter the space, enhancing liquidity and credibility for Solana. Inside the Move The recent developments around Solana showcase its growing footprint in the crypto and financial markets. Morgan Stanley’s Solana Trust ETP is a notable…

South Korea’s Financial Services Commission told the National Assembly ahead of a July 29 policy briefing that it plans to prepare a consolidated Digital Asset Basic Act with the ruling Democratic Party. The proposed framework would cover stablecoins, exchanges, disclosures, internal controls and system resilience. Separately, the National Assembly’s Finance and Economic Planning Committee was scheduled to table an opposition amendment seeking to remove the crypto income tax before its Jan. 1, 2027 start date. Neither proposal has changed current law. South Korea stablecoin bill would unify 10 proposals The FSC’s planned bill would establish rules for stablecoin issuance and…

X Money has begun rolling out to Premium and Premium+ subscribers in the United States, adding deposit accounts, instant transfers, and a Visa debit card directly to the social media platform. X Money brings banking tools inside the social platform X Money combines peer-to-peer payments with financial services commonly offered by banks and digital payment applications. Users can send funds instantly to other X accounts without paying a transfer fee. The service also includes interest-bearing deposit accounts with annual percentage yields of up to 6%. Eligible purchases made through the X Card, a Visa debit card connected to the account,…