Author: NBTC

BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.Wu Blockchain cited current RWA.xyz data when reporting the move on July 12. RWA.xyz’s BUIDL dashboard places the fund’s total asset value at about $2.87 billion across supported networks. Its Avalanche position now represents close to one-third of the full fund. Current data also puts Avalanche behind Ethereum as BUIDL’s second-largest network allocation. The increase comes without a change to the token’s target value…

Fidelity Investments’ Director of Global Macro, Jurrien Timmer, recently shared an updated rendition of the firm’s famous “Periodic Table of Investment Returns.” The performance leaderboard shows that the high-flying gains seen in certain global equities stood in sharp contrast to a painful cooling-off period for traditional safe havens and alternative assets. The periodic table below shows the leaderboard through June. EM, small caps, Japan at the top and Bitcoin, gold, and bonds at the bottom. pic.twitter.com/Wb4lA9cOcd — Jurrien Timmer (@TimmerFidelity) July 8, 2026 Winners and losers Emerging markets, small-cap equities, and Japanese markets successfully claimed the top spots on the…

Ethereum price has rebounded to nearly $1,800 after easing geopolitical tensions and an aggressive short squeeze across crypto derivatives restored appetite for risk assets, while traders now watch whether bulls can force a breakout above a key technical ceiling. The second-largest cryptocurrency has recovered sharply from this week’s low near $1,505, when U.S. strikes on Iranian targets triggered a broad sell-off across digital assets. Sentiment reversed over the past 24 hours after fears of further escalation subsided, prompting investors to rotate back into higher-risk assets A wave of forced short liquidations accelerated the move, pushing $ETH through several resistance levels…

Federal Reserve official Christopher Waller, in his assessment of inflation targeting, stated that setting a definitive target might be too rigid for monetary policy. Waller said he would prefer the inflation target to be set as a range rather than a single number, but that a change to the target at this stage could damage the Fed’s credibility. Waller stated that he believes Federal Reserve Chairman Kevin Warsh’s recent remarks reaffirmed his commitment to the 2 percent inflation target. He added that Fed officials remain committed to the 2 percent target, which he sees as a credible commitment from the…

AI Financial, a Trump family-backed crypto venture, is in talks to sell its core payments business for up to $15mn after a crypto treasury strategy tied to the World Liberty Financial’s $WLFI token left the company facing steep losses, The Wall Street Journal reported on 8 Jul. Under the terms of the deal being discussed, Perpetuals.com would pay $5mn upfront in stock, with another $10mn tied to revenue targets. The sale would remove AI Financial’s only revenue-generating business, which produced $25mn last year. As Sandmarkpreviously reported, AI Financial accumulated 7.28bn tokens issued by World Liberty Financial, a crypto protocol also…

SARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major regulatory push to standardize compliance across the country’s booming digital asset sector. The draft document, published July 1, 2026, details how the tax authority plans to govern and audit transactions for an estimated 5.8 million to 6 million South African cryptocurrency users. The revenue service has opened the document for public comment until Aug. 31, 2026. SARS said the document’s principles are designed to be “foundational, rather than overly specific,” due to the rapid innovation in blockchain technology.…

Bitcoin [$BTC] has spent days consolidating at the time of writing and was on the edge of a decisive move. The asset has failed to reclaim the $64K level for a third consecutive time, and the momentum behind each attempt has weakened. Bitcoin will need far stronger momentum to force a rally, and several factors will decide whether that happens. Among them, the role of miners cannot be dismissed, since their actions tend to shape market direction. Bitcoin mining stocks stay under water Bitcoin miners, responsible for securing the network, have traded underwater for weeks. Notably, over the past month…

Bitcoin trades at $62,741.45 on July 8, down 0.92%, after getting rejected at the top of its descending channel even as ETF inflows turned positive for a third straight session. Is $BTC Getting Rejected At The Channel Top Again? $BTC 1D Price Action (Source: TradingView) The daily chart shows $BTC inside a descending channel that has broken down three times in 2026, with price currently pressing against the upper trendline after recovering from the June 25 low near $58,000. Analyst Ali Charts flagged the rejection explicitly, noting $BTC is getting turned away at the channel’s upper boundary and identifying $59,700…

The Ethereum Foundation has officially disbanded its Protocol Support team, marking the latest step in a broader organizational restructuring that has already seen the foundation reduce its workforce by approximately 20%. The team announced its dissolution on July 9 via its official X account, just over a year after its creation. What the Protocol Support Team Did Launched in 2023 as part of a reorganization, the Protocol Support team was tasked with coordinating Ethereum protocol development, managing hard fork schedules, supporting protocol governance, and nurturing new core developers. Its dissolution signals a shift in how the foundation approaches these critical…

$XRP ETFs Add $17.2 Million as Ether ETFs End Week Down $13.7 Million The crypto ETF market ended the shortened week with a late rebound, but not enough to change the headline. Spot bitcoin ETFs recorded $527 million in net outflows, marking their eighth consecutive week of redemptions. The pressure was again concentrated in Blackrock’s IBIT, which lost $772.6 million for the week. That single outflow overwhelmed gains across much of the bitcoin ETF complex. Fidelity’s FBTC added $100.9 million, while Ark & 21Shares’ ARKB brought in $101.9 million. Morgan Stanley’s MSBT drew $37.1 million, Vaneck’s HODL added $10.3 million,…