Author: NBTC

A key tailwind that supposedly powered bitcoin’s recent rise above $80,000 appears to be fading. The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in investor money through March and April, are now leaking funds. And sizeable ones at that. On Wednesday, investors yanked $635 million from these funds, the highest single-day net outflow since Jan. 29, according to data source SoSoValue. It wasn’t an isolated event either. Over the past five trading days, the ETFs have bled a total of $1.26 billion, pulling total net inflows since debut in January 2024 down to $58.5 billion…

JustLend DAO has launched Supply and Borrow Market V2, introducing an isolated lending framework and a new interest rate model designed to improve capital efficiency and risk controls across its decentralized lending platform. According to JustLend DAO’s announcement on June 17, the upgraded protocol replaces the previous structure with a dual-layer system built around Vaults and Markets. The release, which took effect on June 17 Singapore time, forms part of the platform’s latest effort to improve how liquidity is distributed while limiting the impact of risks tied to individual collateral assets. 📢SBM V2 Now Live on JustLend DAOJustLend DAO has…

Tether has taken an 8.2% stake in Antalpha, making the stablecoin issuer one of the company’s largest shareholders following its May 2025 initial public offering (IPO), according to a Monday filing. The Schedule 13D filing with the US Securities and Exchange Commission indicates that Tether now holds 1.95 million shares through related entities, with Giancarlo Devasini, chairman of Tether, sharing voting and dispositive power over the position. The filing also states that Tether and its related entities may increase or reduce their holdings over time depending on market conditions and other factors. Antalpha provides Bitcoin-backed lending and equipment financing to…

As seen on the Shibburn website, 1,305,818 $SHIB lies in the community pool, as over a million tokens were sent to dead wallets since the past day. In the last 24 hours, 1,040,871 $SHIB tokens were burned according to Shibburn. This adds up to a total of 51,669,707 $SHIB burned in the last seven days and 208,429,367 $SHIB in the last 30 days. The burning of the initial 1 quadrillion $SHIB supply is progressing, with 41.08% now sent to dead wallets. The last 24 hours, however, saw a 90.19% drop in daily burn rate, but weekly burn activity was up…

Spot activity has been fading for months, and April’s numbers show that trend is becoming harder to ignore. After peaking near $2 trillion in October 2025, monthly spot volume steadily declined until reaching roughly $679 billion, the weakest reading since October 2023. Source: X The decline suggests traders are becoming less interested in outright asset ownership. Instead, a larger share of activity is moving toward futures and perpetual markets, where capital can remain active without committing fully to spot positions. That shift explains why spot liquidity continues thinning despite ongoing market participation. Traders have not disappeared from the market. Rather,…

The DeFi Report (TDR), a cryptocurrency analytics company, stated in its latest analysis that Bitcoin’s current uptrend is facing its biggest test yet. Company founder Michael Nadeau evaluated recent market developments and on-chain data, offering important warnings about Bitcoin’s short-term outlook. While a “bullish” sentiment prevails in the market as the Bitcoin price approaches the $80,000 mark, analysts at The DeFi Report are cautious about the sustainability of this trend. The analysis points out that the current momentum is weakening and that the market is at a critical breaking point. Bitcoin closed the week above the average cost basis ($79,000)…

TOKYO, Japan – The Japanese yen-pegged stablecoin, JPYC, has successfully raised 2.8 billion yen, equivalent to $18.1 million, in a pivotal Series B funding round. This substantial capital injection signals strong investor confidence in Japan’s regulated digital currency sector. Consequently, the company plans to aggressively expand its ecosystem across both traditional finance and the emerging Web3 landscape. This development arrives at a critical juncture for Japan’s financial technology industry. JPYC Stablecoin Details Major Funding Milestone JPYC announced the completion of its Series B funding round on March 26, 2025. The raise totals 2.8 billion yen, precisely $18.1 million at current…

President Trump has thrown his weight behind suspending the federal gas tax, a move designed to ease the sting of fuel prices that have climbed past $4.50 per gallon for gasoline and $5.70 for diesel. The proposal lands as geopolitical tensions tied to the war in Iran continue to push energy costs higher. The federal excise tax sits at 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel. The legislative landscape Sen. Josh Hawley, the Missouri Republican, introduced S. 4485, which calls for a 90-day suspension of the federal gas tax by setting it to zero.…

Cryptocurrency exchange Kraken has announced a strategic partnership with global remittance firm MoneyGram, enabling users to convert digital assets into cash at physical agent locations across more than 100 countries. The service, first reported by Crypto Briefing, is set to roll out in phases across the United States, Europe, Latin America, Africa, and parts of the Asia-Pacific region. How the Withdrawal Service Works Through this integration, Kraken users can initiate a withdrawal request on the exchange platform and then collect the equivalent cash at a nearby MoneyGram agent location. The process bridges the gap between digital holdings and physical fiat…

Bitcoin just faced one of its biggest institutional shocks in months. Spot Bitcoin ETFs recorded a staggering $635 million in net outflows within a single trading day. This marked the largest withdrawal in 105 days and immediately sparked fresh fear across the crypto market. Traders now wonder whether institutions expect a deeper correction ahead. The sudden Bitcoin ETF outflow arrived during a fragile market phase. Bitcoin already struggled to maintain bullish momentum near key resistance levels. As selling pressure increased, investors rushed to analyze whether this represented temporary profit-taking or the start of a broader market reversal. Many analysts now…