Author: NBTC

BlackRock attracted nearly $350 million in net inflows across its spot Bitcoin (BTC) and Ethereum ($ETH) exchange-traded funds (ETFs) over five trading days, highlighting renewed institutional demand for the two largest cryptocurrencies. Data covering July 13 to July 17 shows BlackRock’s spot Bitcoin ETF, IBIT, recorded net inflows of $204.1 million during the period. Meanwhile, the asset manager’s Ethereum ETFs, ETHA and ETHB, added a combined $139.3 million. Together, the funds attracted approximately $343.4 million in net new capital over the five-day stretch. The strong performance came despite a sharp $185.5 million outflow from IBIT on July 13. However, subsequent…

On-chain analytics firm Bubblemaps has publicly urged centralized cryptocurrency exchanges to take action against what it describes as clear price manipulation involving the $LAB token. In a statement on its official X account, the firm identified $LAB as the latest in a pattern of tokens exhibiting suspicious on-chain behavior, following similar cases with RAVE, SKYAI, and PIPPIN. Bubblemaps criticized exchanges for remaining silent even when manipulation patterns are evident. Insider Control and Suspicious On-Chain Activity According to Bubblemaps, citing on-chain investigator ZachXBT, insiders are believed to control over 95% of $LAB’s total supply. The firm also reported that several wallets…

Sen. Richard Blumenthal has renewed his criticism of the cryptocurrency industry. In a Thursday post on X, he stated that “crypto is the currency of choice for crooks” while commenting on the testimony of a victim of a multimillion-dollar romance scam. Crypto is the currency of choice for crooks. Lori Flowers shares her story as a victim of crypto-enabled transnational organized crime—in order for them to succeed, her scammers needed crypto. We cannot keep giving the bad guys an easy button. pic.twitter.com/pFiCsSb9UJ — Richard Blumenthal (@SenBlumenthal) July 30, 2026 The Connecticut Democrat shared the remarks on X following a Senate…

BitMEX built the blueprint that every crypto derivatives exchange copied — and then watched competitors use it to bury them. The story of BitMEX’s crypto derivatives innovation is one of the most instructive in the industry’s short history: a platform that genuinely reshaped how digital assets are traded, only to lose its footing to regulatory pressure, product inertia, and rivals who learned faster than it could adapt. Key takeaways BitMEX pioneered the crypto perpetual swap, a contract structure with no expiration date that became the single most replicated product in the derivatives industry. At its peak in 2018–2019, BitMEX commanded…

Nasdaq-listed Bitcoin miner Bitdeer (BTDR) announced on its official X account that it mined 271.3 $BTC during the current week and has sold the entire amount. The company has maintained a zero-$BTC treasury strategy since February, converting all newly mined Bitcoin into cash immediately. Zero-$BTC Treasury Strategy in Focus Bitdeer reduced its Bitcoin holdings to zero as of February 20 and has since adopted a policy of selling all mined $BTC without delay. This approach stands in contrast to many other publicly traded miners, such as Marathon Digital and Riot Platforms, which have historically retained a portion of their mined…

Crypto’s next push into traditional finance may not come from another stablecoin or tokenized stock. According to Grayscale, onchain vaults could be the industry’s next major breakthrough, bringing blockchain-based asset management closer to the mainstream financial system. The firm’s latest research argues that while stablecoins, tokenized assets, and perpetual futures have already started crossing into traditional markets, onchain vaults may be next in line as institutional credit markets mature. Vaults Mirror Traditional CLO Structure Grayscale compares onchain vaults to collateralized loan obligations (CLOs), one of the largest credit products in traditional finance. Like CLOs, vaults pool investor capital into professionally…

Canadian Bitcoin developer Peter Todd sparked fresh debate over the identity of Bitcoin creator Satoshi Nakamoto. He posted on X that he had been discussing programming with adults since the age of 12 and was already communicating with cryptographers Adam Back and Hal Finney at 15 while attempting to create Bitcoin. Todd made the remarks while criticizing the United Kingdom’s proposed restrictions on social media use for children under 16. Prime Minister Keir Starmer’s government plans to introduce rules inspired by Australia’s legislation, with measures that could limit access to platforms such as X, TikTok, Instagram, YouTube, and Snapchat. His…

JPMorgan Chase CEO Jamie Dimon told analysts in April that the roughly $1.8 trillion private credit market doesn’t pose a systemic risk. “You have to have very large losses in private credit before, at least it looks like, banks are going to get hit,” he said. He made that comment the same week executives at Citigroup, Bank of America, and Wells Fargo used nearly identical language to describe their own exposures as “comfortable.” But a Reuters analysis of 53 publicly traded business development companies found that 28 had swung into the red during the first quarter of 2026. Average profit…

TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it would begin winding down over the next two weeks, and noted the departure of its two co-founders, chief operating officer and chief technology officer earlier this year. “We worked hard to adapt,” TapTools said, adding that its backend developer had become its CTO as the platform shifted its focus toward shipping products more sustainably; however, they have since departed, and “the technical knowledge required to…

Senate Minority Leader Chuck Schumer introduced legislation to create a new US government agency focused entirely on addressing corruption at the federal level, noting President Donald Trump’s gains from “various, and extremely lucrative, cryptocurrency ventures.” In a Thursday notice, Schumer said that he had introduced a bill called the Anti-Corruption Bureau Creation Act, which, if passed, would have the authority to “investigate, enforce, and prevent executive branch corruption.” The text of the bill addressed Congress’ findings that Trump had disclosed earning more than $2 billion from investments in 2025, including $1.4 billion tied to crypto, and his family had more…