Author: NBTC

A Market Betting on a Modest Bounce Polymarket’s “What price will Bitcoin hit in July” market prices a range of outcomes rather than a single forecast, and the current distribution shows traders leaning toward a limited upside move. Odds of $BTC touching $65,000 sit at 82%, essentially treating that level as a near-certainty given the asset’s current price, while the $67,500 target sits at 70%. Confidence drops off quickly beyond that: $70,000 is priced at just 30%, and $75,000 at only 4%. Image source: Polymarket The picture looks similarly contained on the downside. Traders give a drop to $62,500 a…

Federal Reserve Chair Wash indicated that U.S. economic growth appears to have strengthened somewhat, a signal that could influence the central bank’s upcoming policy decisions. The remarks, delivered during a recent address, come amid ongoing assessments of inflation, employment, and global economic conditions. What the Fed Chair Said Chair Wash’s statement, while brief, suggests that recent economic data may be pointing to a more resilient expansion than previously anticipated. The Fed has been navigating a delicate balance between curbing inflation and avoiding a recession, and any signs of accelerated growth could affect the timing and pace of future interest rate…

Tap-to-earn mobile mining network Pi Network is now just one day away from another major network upgrade. However, mainnet node operators must complete the Protocol 26 upgrade by 11 August or risk losing network connectivity. Ahead of the upgrade, the PI token is showing signs of recovery as it rose more than 12% over the past week. Pi Network Node Operators Have One Day to Upgrade Pi Network teams have already announced that all Pi Mainnet node operators must complete the Protocol 26 upgrade by Aug. 11, 2026, or their nodes will lose Mainnet connectivity until the update is completed.…

The Market Nobody Expected to Top the Request List Kalshi built a tool inside its app that lets users pitch markets they want to see listed. Ask Andy Ross, the platform’s Head of Institutional, what tops that request list, and the answer isn’t the Federal Reserve, the midterms, or the next big sports championship, but something totally out of left field. Ross revealed: “Our number one market that we’re asked by individuals to develop is, will my partner divorce me.” It’s a funny anecdote, but it’s also a genuinely useful data point about where prediction markets are headed. Kalshi has…

Brent crude futures reached $91.42 on July 20, their highest level since June 11, then eased to $88.28 as mediators floated a 10-day US-Iran ceasefire proposal. Bitcoin traded above $65,000 earlier in the session, registering an intraday high at $65,666 and a low at $63,100. As of press time, Bitcoin has now reached $66,313, while Brent crude futures held near $90. Bitcoin’s current behavior preserves the oil-inflation-rate relationship and assigns a short duration to the latest energy premium. Traders appear to expect diplomacy, restored tanker traffic or additional supply to pull Brent lower before the move forces a larger repricing…

SkyAI, the technology firm formerly known as Sharp Technology, has disclosed the sale of 135,399 Solana ($SOL) tokens for approximately $12.47 million during the first half of this year. The revelation came in a filing with the U.S. Securities and Exchange Commission (SEC), which also outlined the company’s ongoing strategy to raise capital through additional token sales until it can generate sufficient cash from operations. SkyAI’s Solana Holdings and Financial Position As of the end of the second quarter, SkyAI continued to hold a significant amount of $SOL, despite reporting approximately $84.34 million in unrealized losses for the first half.…

Every crypto transfer moving through an Italian platform, no matter how small, must now clear a sanctions check — and Banca d’Italia wants to make absolutely sure that rule isn’t being quietly ignored. On September 7, the country’s central bank told licensed crypto-asset service providers, known as CASPs, to confirm that their crypto sanctions screening systems catch every single transaction, without exception for low-value transfers. Key takeaways Banca d’Italia ordered CASPs on Sept. 7 to verify that every crypto transfer undergoes sanctions screening, regardless of its value. Firms were told to remove any minimum transaction threshold from their screening systems,…

Coinbase recently shared a summary of significant developments from August, highlighting its expanding influence in the crypto market. Notable events included the introduction of a Bitcoin-backed mortgage service and the establishment of a tokenization hub in Abu Dhabi. This comprehensive overview illustrates Coinbase’s commitment to innovation and its role in shaping the future of cryptocurrency. For more details, check out their official tweet. What Happened The crypto market has displayed mixed signals recently, with various altcoins gaining traction. Coinbase’s announcement illustrates its adaptability and proactive stance in a changing landscape. The establishment of a tokenization hub in Abu Dhabi and…

US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin’s fixed-supply argument. Treasury currently expects to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-of-September cash balance. On Aug. 3, the department will revise the third-quarter figure and publish its first estimate for October through December, setting the expected borrowing total. The full quarterly refunding package arrives Aug. 5 with auction and financing details, showing how Treasury plans to distribute financing across…

Tether’s USA₮ stablecoin maintained more than $175 million in circulation for a second consecutive month as its reserve surplus reached a record high, according to a reserve report released by Anchorage Digital Bank. USA₮ had 175,245,527 redeemable tokens outstanding as of July 31, up roughly tenfold from the 17.5 million tokens reported at the end of January. Reserve assets totaled $175.9 million, exceeding redeemable tokens outstanding by $661,079. The surplus was about 5% higher than the $628,518 reported in June and marked the highest level recorded to date. About $158.4 million, representing roughly 90% of the reserve portfolio, was held…