Author: NBTC

On July 7, 3 weeks after the largest IPO in history, SPCX enters the Nasdaq-100 with billions in passive index buying behind it. The more interesting market is the one Wall Street does not run: tokenized shares on Solana, perpetual futures that priced the listing before bankers did, a $557 million subscription campaign that had to refund almost everyone, and 18,712 Bitcoin sitting on the rocket company’s balance sheet. Index inclusions are usually the sleepiest events in finance. A committee updates a list, passive funds rebalance, and the market moves on. SpaceX joining the Nasdaq-100 before the open on Tuesday,…

Pi Network has always promoted itself as one of the world’s most accessible cryptocurrencies, allowing anyone with a smartphone to mine Pi for free. Today, the project claims to have over 70 million registered users worldwide.But on-chain data reveals that just 21 wallets hold more than 10 million PI each, raising a big question: Is Pi Network really decentralized, or could a small group of whales manipulate Pi Coin’s price? Only 21 Wallets Hold More Than 10 Million PI According to blockchain data from PIScan, fewer than 10,000 wallets hold at least 1 million PI. Most of them, around 9,961…

EFCC Charges Suspect Over Crypto Fraud Nigeria’s anti-corruption agency has charged a man accused of orchestrating a multimillion-dollar crypto investment scam that defrauded an Australian investor, officials announced. The Economic and Financial Crimes Commission (EFCC) arraigned Usie Otukpa Osang before Justice Obiora Egwuatu at the Federal High Court in Abuja. Osang faces eight counts related to a fraudulent scheme involving AUD$8.43 million ($5.6 million) and an additional $3.64 million. Prosecutors allege the fraud took place between May 2021 and May 2022. Osang and several accomplices—who remain at large—used the aliases “Oscar Tyler” and “Ford Thompson” to deceive Brian Jacques Creigh,…

Cryptocurrency users in Europe are now facing stricter scrutiny when transferring funds between centralized exchanges. Prominent blockchain investigator ZachXBT recently commented that, amid these increased regulations, moving assets first to a self-custody wallet could offer a more practical solution. His remarks followed a user’s complaint about how transfers between Bybit and its European operations have become significantly more complicated. Self-custody wallet as a transition step In an assessment shared on July 2, ZachXBT advised that before transferring funds to another centralized exchange or individual, users should first move their assets into a wallet where they retain full control. By using…

Arkham Intelligence reported today that a SpaceX-tagged wallet has made a small test transaction after roughly six months of being inactive. The address, identified as SpaceX (15atF), sent about $88 worth of $BTC to another wallet that begins with bc1q9. The transaction itself is very minor, but the market is starting to pay attention because corporate-linked Bitcoin wallets rarely move $BTC without a reason. Small transactions are usually used to test address control or custody setup. SPACEX JUST MOVED BITCOIN A tagged SpaceX address just moved Bitcoin for the first time in 6 months. SpaceX (15atF) made a test transaction…

Americans are on pace to lose more money on legal gambling this year than at any point in the country’s history. A new analysis by economics writer Joseph Politano projects that the total will exceed a quarter trillion dollars in 2026. Losses have climbed 67% since the start of COVID-19 and another 8% over the past year alone, outpacing any growth recorded between 2000 and 2020. That figure counts only sportsbooks and casinos, and it excludes the money moving through prediction markets, crypto trading, and stock options, each of which now channels billions of dollars a year into activity that,…

Cardano founder Charles Hoskinson said the enthusiasm surrounding $XRP stems from a structural dynamic he calls Web 2.5, where a centralised company continuously builds real-world value around its native blockchain, creating a self-reinforcing cycle that retail and institutional markets reward. Speaking in a wide-ranging discussion, Hoskinson described the pattern plainly. Ripple acquires a prime broker, closes a partnership, secures a licence, and each move adds to the value proposition of the $XRP Ledger. The company and the token are linked, and the market prices in every step forward. “Brad and the other gang, they just bought a prime broker and…

Chris Larsen, co-founder and executive chair of Ripple Labs, was reportedly among those backing the financial venture of US Senator Kirsten Gillibrand’s son as negotiations over a significant piece of crypto-related legislation continue in the Senate. According to a Thursday Politico report, Larsen was one of a handful of investors backing the American Perpetuals Exchange Corp. (APEC), founded by Theodore Gillibrand. Although Larsen’s exact contribution was not included in the report, the majority of investors contributed between $5,000 to $10,000 each into the derivatives platform, which reportedly raised $30 million. The investment comes as the New York lawmaker is involved…

Robinhood shares have climbed more than 6% after multiple Wall Street firms reaffirmed bullish ratings and projected further upside as the brokerage expands its global business and AI offerings. According to recent research notes from Piper Sandler, BTIG, and Mizuho, confidence in Robinhood’s long-term growth story has strengthened even after the stock’s strong rally. According to Yahoo Finance data, shares briefly traded above $115 after the Wall Street opening bell, extending their monthly gain to about 31% as investors responded to a series of new product launches and international expansion plans. 🚨 BREAKING: PIPER SANDLER REITERATES $HOOD PRICE TARGET AT…

Crypto analyst Benjamin Cowen says Bitcoin is once again following its well-known four-year market cycle. This is happening despite many traders dismissing the idea earlier this year. According to Cowen, investors shouldn’t ignore historical patterns simply because they seem too predictable. He argues that every market goes through periods of optimism, fear, corrections, and recovery, and Bitcoin is no different. He also says investors should be willing to admit when a market thesis proves wrong. Instead of fighting the data, investors should adapt their strategies. 2026 Looks Strikingly Similar to 2018 According to him, Bitcoin is following a price pattern…