Author: NBTC

The ethics piece has President Donald Trump’s crypto business empire squarely in mind as it seeks to ban senior government officials from direct ties to the industry. Trump recently agreed to accept a narrow version of this concept, surprising some crypto insiders with his willingness, and the White House hailed it as an unprecedented ethics constraint that directly affects the president. But Democratic opponents argued it’s structured in such a way that Trump won’t have to do much — if anything — to comply, and that he won’t have enforcement worries from a Department of Justice led by his appointed…

HyroTrader has announced that it is launching Hyro Protocol, an on-chain proprietary (prop) trading protocol built on Solana that settles in USDC. The Prague-based firm first made the announcement on July 8, stating that it is a response to the funded trading industry’s central credibility problem. Historically, traders and capital providers have had no way to independently verify what a prop firm’s dashboard tells them. Hyro Protocol is designed to remove that vagueness, and it says that it has made every key protocol event verifiable on-chain. HyroTrader’s CEO Samuel Drnda said, “Most prop firms still run on closed systems where…

Bitcoin’s price is losing ground once again, as the asset was rejected at over $66,000 earlier today and dumped to $64,000 minutes ago, shortly after the conclusion of the latest FOMC meeting and the subsequent press conference by the new Fed Chair, Kevin Warsh. Unlike what many expected when he replaced Jerome Powell, Warsh maintained a very hawkish tone during his speech, which caught investors by surprise. Not The Easy-Money Chairman DoubleLine Capital CEO Jeffrey Gundlach noted in an interview with CNBC that the new Fed Chair will aim for price stability instead of being the ‘easy money Chairman’ people…

The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split. Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up. The stablecoin landscape “is about to fragment more and more,” Sam MacPherson, CEO of Phoenix Labs, said in an interview with CoinDesk. PayPal has $PYUSD, Circle has $USDC, and Tether has $USDT. Robinhood has joined the Global Dollar (USDG) consortium and is building its own chain, while OpenUSD (OUSD) is another large…

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on July 14 that the central bank will decline to rescue the cryptocurrency industry in a crisis, a message he delivered during his first semiannual monetary policy testimony as chair. The exchange came from Rep. Brad Sherman (D-CA), a longtime crypto skeptic, who asked whether the Fed would backstop failing digital-asset firms the way it supported money market funds in 2008. Warsh rejected the premise. “We do not want to be in the bailout business, full stop,” he said. He added, “We want to be in a position where…

Lite Strategy, a Nasdaq-listed company that holds Litecoin as its primary reserve asset, spent about $5.4 million repurchasing roughly 4.9 million shares through July 17. The company funded the purchases with an undisclosed mix of $LTC sales and covered-call premiums. The transaction shrank Lite Strategy’s reported Litecoin holdings but appears to have lifted $LTC backing per outstanding common share by about 1.7%. In a July 30 filing, the company said it paid an average of $1.11 and retired about 13% of the shares outstanding when the program began, without using debt. It reported 819,070 $LTC and 31,882,648 outstanding common shares…

The American Arbitration Association (AAA), one of the world’s largest providers of private dispute-resolution services, has launched a specialist panel for blockchain and digital-asset cases, giving companies access to arbitrators with expertise in the technical and legal complexities of crypto disputes. On Wednesday, the AAA said that its new Web3 Panel brings together arbitrators with experience across law, technology, academia, litigation and digital-asset businesses. The panel is designed to address disputes arising from increasingly automated and decentralized commercial systems, including disagreements over contract interpretation, governance, asset control, cybersecurity, transaction records and cross-border enforcement. The move signals that mainstream legal institutions…

Hyperliquid is reportedly testing a KYC (Know Your Customer) feature with an allowlist, raising questions about the decentralized exchange’s (DEX) plans. According to analyst Rajiv Patel, the platform pushed a new feature, dubbed Stars, that allows deployers to make a HIP-3 (commodity futures) allowlist for trading. The allowlist can have up to 10K addresses; those not included can only fund their accounts but not trade. Sounds like a centralized exchange (CEX), right? Most analysts speculated that the move could be a push to activate a front-end for U.S. users, calling it a ‘Hyperliquid U.S.’ In fact, crypto investor McKenna also…

Bitcoin endured a heavy liquidity outflow between October 2025 and February 2026, before staging a rebound across March and April that largely restored the positive sentiment surrounding the asset. That relief rally proved short-lived, however, as Bitcoin [$BTC] slipped back onto a downward path through May and has held to that same structure since June began. Market activity now reads as decidedly subdued, and the threat of a deeper drop continues to build. Yet beneath that pressure, Bitcoin may have quietly carved out a key support zone—one that could seal off the path to further decline and reshape how the…

Cathie Wood’s Ark Invest has purchased about $52.1 million of SpaceX stock, lifting its investment since the June IPO above $475 million as the shares trade below their $135 offer price. According to Ark Invest Tracker, Ark bought the shares through its ARKK, ARKQ, ARKW, and ARKX exchange-traded funds during the week ending July 10. The purchases followed roughly $444 million of buying around SpaceX’s June 12 market debut. Wood’s latest move came as SpaceX lost much of its early IPO gain. After opening at $150 and reaching $225.64 shortly after its listing, the stock closed at $131.11 on Thursday,…