Author: NBTC

Coinbase shares have fallen 4% to about $169 on July 22 as the CLARITY Act’s 2026 passage odds dropped 15 percentage points from the previous day’s peak. Polymarket data places the bill’s chance of passing before the end of 2026 at 37%, down from 52% on July 21, after disagreements emerged over how proposed ethics restrictions should be enforced. Source: Polymarket President Donald Trump had agreed to include ethics provisions in the market structure bill, helping lift the probability on Polymarket and sending COIN stock 9% higher on July 21. The compromise, however, failed to secure enough support after some…

Charles Hoskinson, the founder of Cardano, says boosting the $ADA price was never his job, and he is stepping back from videos, interviews, and X (Twitter) to reflect. He documented heavy personal abuse on the platform and framed the moment as a choice between purpose-driven research and pure speculation. A Founder Steps Back From the Spotlight In a video address to the Cardano community, Hoskinson confirmed he is pausing his public output. He plans to keep building while going quiet on social channels. “I’m gonna keep working on midnight, but I’m not gonna make videos publicly, and I’m not gonna…

Ten European financial institutions have launched Regulated Layer One (RL1), a jointly owned blockchain cooperative designed for regulated financial markets and tokenized assets. On Tuesday, the group announced that RL1 had been established as a European Cooperative Society in Luxembourg and had begun operations with founding members including ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures and Seturion. RL1 said each member will have equal decision-making rights over the network’s governance and development. The private, permissioned network is based on infrastructure developed by German fintech Secure Worldwide Interbank Asset Transfer (SWIAT),…

Investment bank Benchmark has raised its price target on Bitcoin miner Hut 8 following news that the company had signed a second 15-year lease ​worth $9.8 billion for its AI data center. Equity research analyst Mark Palmer reiterated his “buy” rating on the Toronto- and Nasdaq-listed miner in a note Wednesday, raising its price target to $195, up from $165 — an 80% upside from Hut 8’s current share price of nearly $110 a pop. Palmer argued that the deal validates Hut 8’s “power-first” approach to building out AI infrastructure. Hut 8 announced Monday that it had signed a second…

Canton Network captured roughly 42% of all blockchain fees in the first quarter of 2026, climbing to the top of Messari’s fee rankings as institutional activity on the network grew. The chain generated about $193 million of the $457 million in total fees across 21 blockchains that Messari tracked, according to its Q1 2026 State of Blockchains report. Canton Network Tops Fee Generator Rankings. Source: Messari Why Canton Leapt to the Top of the Fee Table Canton Network ranked first among the 21 networks for fees in Q1 2026. Its $193 million share represented about 42% of the group total.…

Vitalik Buterin has pitched the Diamond indistinguishability obfuscation (iO), a novel cryptographic framework that promises to deliver blockchain privacy and trustless infrastructure in both crypto and Web3. Vitalik proposes new blockchain privacy technology In his latest blog, the Ethereum co-founder describes Diamond iO as a tool that would enable user interaction with encrypted software, but in such a manner that the program’s underlying logic, code, and keys remain secret. Diamond iO would run on Fully Homomorphic Encryption (FHE) inside a modified Attribute-Based Encryption (ABE) scheme. Unlike historical assumptions about iO, Buterin’s proposal could theoretically reduce the time it takes to…

CME‘s bitcoin options open interest, measured in dollar terms, has dropped from a peak near $290 million in late November to roughly $30 million to $40 million by mid June, according to Cryptoquant data. Put open interest still outweighs calls on most trading days, a pattern that has held since July 2025. When CME’s options book is broken down by expiration, most contracts cluster in the one to two-month window. Longer dated positions, those expiring four months or more out, have thinned considerably since the fall, leaving traders concentrated in near term bets rather than spreading risk further into 2026…

The U.S. cryptocurrency industry directly employs 34,000 people and is projected to contribute more than $55 billion to the nation’s gross domestic product in 2026, according to a report released by the National Cryptocurrency Association. Of that total, roughly $31 billion is expected to be realized as worker wages and income, highlighting the sector’s growing role in the broader economy. Employment breakdown and industry comparison The report details that the 34,000 direct jobs span several key categories. The largest segment, 10,100 positions, is in software, blockchain, and data engineering. Compliance, finance, and business operations account for 5,450 roles, while executive…

What Is an $XRP ETF? An $XRP ETF is an exchange-traded fund that tracks the price of $XRP. These funds trade on regulated stock exchanges such as the New York Stock Exchange or Nasdaq. Instead of buying $XRP on a crypto exchange and holding it in a digital wallet, investors purchase ETF shares through a standard brokerage account. $XRP is the native digital asset of the $XRP Ledger, an open-source blockchain originally developed by Ripple Labs. Ripple is a private company that uses $XRP for cross-border payment services, but the token itself is independent of any single issuer. $XRP ETFs…

Every dollar Robinhood Chain earns, a tenth goes to a DAO treasury controlled by strangers. The arrangement has been covered a dozen times as good news for Arbitrum’s token. Nobody has asked the other question: what a licensed brokerage that spent a decade removing intermediaries bought by becoming a tenant. NEW: Arbitrum gets 8% treasury and 2% dev funding from Robinhood Chain fees pic.twitter.com/ReiE2kqrnz — crypto.news (@cryptodotnews) July 9, 2026 There is a particular irony in a company whose entire founding pitch was the removal of intermediaries acquiring one. Robinhood spent a decade telling retail investors that the layers between…