Author: NBTC

An early investor in Solana has sold an additional 30,000 $SOL, valued at approximately $2.56 million, according to on-chain data from Lookonchain. The transaction, which took place eight hours ago, is the latest in a sustained distribution of a position that was staked over five years ago. A Five-Year Staking Journey Nears Its End The wallet in question initially staked 991,079 $SOL roughly five years ago, a period when Solana was still establishing itself as a major blockchain platform. For the majority of that time, the investor held the position without selling. The sell-off began approximately one year ago, and…

Spain just became the latest country to shut the door on prediction markets. The Ministry of Consumer Affairs published sanction proceedings against Polymarket and Kalshi in Spain’s Official State Gazette on Tuesday. It classifies both platforms as unlicensed gambling operators. The ministry has simultaneously ordered internet service providers to block access to both websites nationwide. Polymarket and Kalshi are being blocked in Spain 🚨Spain’s Ministry of Consumer Affairs has officially opened sanction proceedings against Polymarket and KalshiFor allegedly operating as unlicensed gambling platforms.The Spanish government has now ordered internet… pic.twitter.com/ivHHLO26fG — StarPlatinum (@StarPlatinum_) May 26, 2026 The blocking will take…

$HTX exchange officially addressed the sanctions against Huobi Global S. A. indicating that the matter would not affect its own global operations and that and all user funds are safe. “$HTX is aware of the recent developments regarding the UK sanctions designations…arrived today without prior notice or any supporting evidence shared with us. To clarify, the listed entity Huobi Global S. A. is distinct from the online $HTX exchange. While Huobi Global S.A. will work with relevant UK authorities to understand the basis for the action and to address any concerns promptly, the designation does not and should not have…

Bitcoin broke below $73,000 for the first time in months as fresh U.S. strikes on Iran sent risk assets lower and triggered one of the largest liquidation events of the year. Bitcoin traded at $72,978 in Asian hours Thursday, down 3.4% over 24 hours and 6.3% over the past seven days, per CoinDesk data, after touching a low of $72,912. TEther (ETH) fell 4.2% to $1,976, losing the $2,000 level, and is down 7.7% over the past seven days. Solana (SOL) dropped 3.5% to $80.57, XRP slid 3.6% to $1.28, and Dogecoin lost 3.2% to $0.0979. Hyperliquid (HYPE) was the…

A cryptocurrency prediction markets trader has generated millions in profits through aggressive sports betting activity on Polymarket. One of the standout trades saw the investor, identified as “0x949,” make nearly $1 million from a single football wager after correctly betting on Manchester City to defeat Chelsea in the FA Cup final played on May 16, according to insights from Arkham Intelligence. The trader purchased roughly $1.10 million worth of “Yes” shares backing Manchester City at an average price of 53.3 cents. After the match settled in Manchester City’s favor, the position was sold for about $2.06 million, resulting in a…

Over the past two months, a multisig wallet associated with the Ondo project has deposited approximately 328 million $ONDO tokens—valued at roughly $98.42 million—to cryptocurrency exchanges including Coinbase, according to data shared by AmberCN. Such large-scale transfers to trading platforms are widely interpreted by market participants as preparatory moves for selling. Tracking the Token Movements The wallet, identified as a project-controlled multisig address, has been steadily moving tokens to centralized exchanges since early March. Blockchain data reveals a series of transactions, each involving millions of $ONDO, accumulating to the 328 million figure reported. The primary destination has been Coinbase, one…

The Digital Asset Market Clarity Act could hand the CFTC the most significant expansion of regulatory authority in the agency’s history. Under the bill, the CFTC would gain exclusive jurisdiction over spot market transactions for digital commodities. It includes Bitcoin and Ethereum, while closing a regulatory gap. That has left large portions of the U.S. crypto market operating without clear federal oversight. CLARITY Act Could Supercharge CFTC PowerThe CLARITY Act could hand the CFTC sweeping authority over large parts of the US crypto market, per New York Times.The debate intensified after reports claimed officials who questioned Polymarket, Crypto(.)com, and Gemini…

Coinbase has expanded its partnership with Standard Chartered to give institutional clients broader fiat funding access across global markets. The integration adds new rails for AUD, SGD, CAD, and CHF, along with GSIB-backed settlement for EUR and GBP. The service is available across Coinbase Prime and Coinbase Exchange. Coinbase said the goal is to help institutions manage capital across spot, derivatives, and financing strategies without routing every position through one base currency. Partnership targets FX friction Coinbase said institutional activity now spans several regions, currencies, and trading strategies. That has made currency movement and funding speed a larger operational issue…

One fund manager has issued a stark warning: Bitcoin’s ongoing selloff may deepen as upcoming U.S. Treasury operations are expected to drain roughly $150 billion in liquidity from the financial system. “In my experience, Bitcoin tends to be a better liquidity indicator than most other instruments. If the Treasury settlements are a drain on liquidity, then Bitcoin could be heading much lower,” said Michael Kramer, founder and CEO of Mott Capital Management, a registered investment advisory firm, in his latest market analysis note. The U.S. Treasury regularly issues bonds and bills to finance government spending. When the Treasury sells new…

Catena Labs, a stablecoin financial infrastructure developer founded by Circle co-founder Sean Neville, has secured $30 million in a Series A funding round, as reported by Fortune. The company is building specialized tools that enable artificial intelligence (AI) agents to execute secure, verifiable financial transactions using stablecoins. Funding Details and Key Investors The Series A round was led by a16z Crypto and Accrue Capital, two prominent venture capital firms with deep roots in blockchain and fintech. Additional participation came from Breyer Capital, General Catalyst, and QED. The involvement of a16z Crypto, in particular, signals strong institutional confidence in the intersection…