Author: NBTC

Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback. The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The validated notes show Lite Strategy holding 819,070 $LTC against 31,882,648 shares outstanding after the transaction. The buyback funding mix is the interesting part. Lite Strategy said the capital came from treasury operations, with 11.87% funded by selling Litecoin and 1.13% funded by covered-call premiums. The stated goal is to increase the amount of Litecoin backing every remaining share of common…

With Democratic House Representative from Arizona, Yassamin Ansari beating a path to get Barron Trump to testify on ties with fellow crypto bros, Andrew and Tristan Tate, President Trump is expected to have as high a stake as the digital asset lobby in ensuring that the Republican Party comes out of the mid-term elections still holding its majority. As noted in previous Cryptopolitan reports, the crypto industry is working with an arbitrary deadline around the time Congress breaks in August and ramps up for November’s mid-term elections to get its signature market-structure bill (CLARITY Act) passed. Missing that deadline, which…

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has promoted Rob Witoff to chief technology officer, the company announced this week. Witoff, who previously served as head of platform, shared the news via a post on X, marking a significant leadership transition for the publicly traded crypto firm. From Engineer to CTO: A Decade of Growth Witoff originally joined Coinbase as an engineer in 2014, when the company was still a relatively small startup operating in a nascent industry. Over the past 12 years, he has held increasingly senior roles, most recently overseeing the company’s platform division, which includes…

A zero-knowledge proof lets one party prove to another that a statement is true without revealing any information beyond the truth of the statement itself. It is the cryptographic technique behind blockchain privacy, scalable rollups, and a growing number of identity verification systems. The standard explanation of zero-knowledge proofs uses the cave analogy. Ali Baba knows the secret word to open a door inside a circular cave. He can prove he knows the word by entering from one side and exiting from the other, on demand, without ever saying the word out loud. After enough successful demonstrations, the verifier becomes…

On June 17, 2026, bitcoin price today hovers near $65,051, a level that signals temporary stability rather than genuine recovery. With the Fear & Greed Index at 22, the broader crypto market continues to shed value as sellers maintain the upper hand. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Bitcoin trades at $65,051, below all three major daily EMAs, confirming a bearish trend across multiple timeframes. Daily RSI at 40.17 and MACD remain negative, though downside momentum shows early signs of deceleration. The Fear & Greed Index sits at 22 (“Extreme Fear”), with 24-hour trading volume…

$ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation. According to the validated notes, the revised plan scraps the more contentious transfer of the DAO’s operational wallet, which includes ETH and stablecoins. The DAO retains custody, while only the $65 million Endowment Safe is set to transition to the Foundation, subject to a timelock and Security Council cancellation rights. The DAO’s 54.6 million $ENS tokens remain with tokenholders, while the Foundation would receive a 1 million $ENS…

Senate negotiators on the CLARITY Act have run into a condition several Democrats are treating as essential: they want ethics language limiting how much senior officials, including the president and vice president, can profit from digital asset ventures. That condition traces back to a warning crypto figures made before the 2024 election, when they argued that tying the industry too closely to a political figure could turn market structure legislation into a partisan fight. The CLARITY Act, the market structure bill the industry has wanted for years, is now testing whether that warning held up. Republicans added ethics restrictions to…

South Korean cryptocurrency exchange Upbit has announced it will list $RLUSD, a digital asset, for trading against the Korean won (KRW), Bitcoin ($BTC), and Tether ($USDT). The new trading pairs are scheduled to go live at 5:00 a.m. UTC on July 28. What the Listing Means for Traders Upbit is one of the largest and most influential cryptocurrency exchanges in South Korea, a market known for its high retail participation and premium pricing on digital assets. A listing on Upbit often leads to increased liquidity, price discovery, and broader exposure for a token. By offering $RLUSD against three separate trading…

Corporate blockchains are multiplying, but Coinbase CEO Brian Armstrong expects the boom to end in consolidation rather than coexistence. Over the past year, several corporate institutions and Wall Street giants, including Stripe, Circle, and Robinhood, have developed rails for stablecoins and institutional markets. Their expansion has revived concern that regulated companies with established distribution could draw financial activity away from the permissionless networks that powered crypto’s growth. However, Armstrong views the proliferation differently, as he expects the new launches to fragment liquidity and users before network effects force weaker platforms to combine or retreat. Corporate chains are already finding users…

Iran’s foreign minister said negotiations with the US will begin the same day both countries sign a memorandum of understanding, with a 60-day window afterward to resolve the nuclear issue and secure sanctions relief. Bitcoin reacted to the framework itself, a memorandum signed before any of its harder terms were settled. Brent crude fell about 5% to $78.96, and WTI settled at $76.05, both near three-month lows, as traders priced in the reopening of the Strait of Hormuz and renewed Iranian oil exports. The Strait of Hormuz carried about 20% of global oil and petroleum product consumption and more than…