Author: NBTC

Grayscale’s GBTC Leads $84.9 Million Bitcoin ETF Exit as Ether Stays Strong The recovery in crypto exchange-traded funds (ETFs) is no longer moving in a straight line. After several days of improving flows, bitcoin slipped back into the red, pulled lower by exits from Grayscale, Blackrock and Fidelity products. Ether, however, continued to attract fresh capital, suggesting investors are becoming more selective rather than stepping away from crypto exposure altogether. Bitcoin Reverses Course as Ether Holds Firm Bitcoin ETFs recorded $84.86 million in net outflows, ending their recent positive run. Grayscale’s GBTC led the exits, with $63.69 million leaving the…

Stellar ($XLM) is experiencing a surge in trading activity in the last 24 hours, with volume up by more than 303%. Trading volume for $XLM is up 303% in the last 24 hours to $873 million, according to data from CoinMarketCap. This is noteworthy as most major cryptocurrencies, including Bitcoin and Ethereum, saw a drop in volume over the last 24 hours, falling 20% and 15% respectively. Dogecoin’s trading volume fell by nearly 26% in the same timeframe. Stellar’s 303% volume surge while its price fell, however, remains an outlier. Stellar ($XLM) Trading Volume, Image by CoinMarketCap The main trigger…

The Bank of Korea (BOK) has doubled down on its stance that won-denominated stablecoins should first be issued through bank-led consortiums. According to local reports from Digital Asset and EDaily, the central bank made the comments in materials submitted on Thursday to the National Assembly’s finance committee. Local outlets reported that the BOK called for safeguards, including priority issuance by bank-led consortiums and a statutory policy body involving relevant agencies. The latest comments reinforce the BOK’s months-long push to keep won stablecoin issuance under bank-led structures. The central bank’s stance has divided policymakers and industry groups and contributed to delays…

Binance Futures is pushing further into traditional finance territory with seven new Binance perpetual contracts set to go live on July 9, 2026 — and the underlying assets are anything but typical for a crypto exchange. Key takeaways Seven USDⓈ-margined perpetual contracts launch on Binance Futures starting July 9, 2026 at 14:00 UTC, staggered every five minutes. Underlying assets include stocks like Wendy’s and RoboStrategy, plus leveraged ETFs tied to Intel and Sandisk, and the SPDR S&P Biotech ETF. Most contracts offer up to 25x leverage; BNCUSDT and FWDIUSDT are capped at 10x. Funding fees settle every eight hours with…

AEREDIUM, a blockchain company developing payment and settlement infrastructure for tokenized assets, has joined the Lava Tokenization Sandbox together with Lava Foundation and Bretagne Holding Limited (BHL). The partners will explore how tokenized RWAs can work with both traditional and blockchain-based financial systems using the $5.4 billion Alba Bay development in the Dominican Republic as a testing environment. AEREDIUM is evaluating payment-agnostic settlement technology that allows investors to pay with bank transfers, payment cards, stablecoins, or digital assets across different blockchain networks. The platform automatically converts payments into the asset selected by the developer and completes the transaction through atomic…

Bitcoin ($BTC) reclaimed the $63,000 mark on Thursday, but traders fear a correction ahead of Friday’s $1.4 billion options expiry on Deribit. The concerns stem from the US government bond yield climbing toward a level that many view as a warning sign. Is the $62,000 support level at risk? Key takeaways: Rising US Treasury yields signal debt concerns, negatively pressuring risk assets. Balanced Bitcoin options put-to-call volumes suggest limited downside from the $62,000 level. US 10-year Treasury yield (left) vs. Bitcoin/USD (right). Source: TradingView Bitcoin ETF outflows are not a concern ahead of the Bitcoin options expiry The 10-year Treasury…

Ben-Sasson also welcomed Buterin’s decision to make privacy and quantum-resistant cryptography top priorities. “Quantum safety—excellent,” he wrote on X. “Glad to see this as a high priority.” But he argued Ethereum shouldn’t wait three to four years to get there. “‘3-4 years’ as the timeline is way too long,” Ben-Sasson said. “Especially for quantum readiness.” Former Ethereum Foundation researcher Dankrad Feist struck a similar tone. Calling the roadmap’s vision “really cool,” Feist said on X that features like near-instant transaction finality and dramatically higher throughput could transform the network. His biggest concern, however, was speed. “But 3-4 years is very…

GoPro, the action camera maker once worth more than $10 billion, just announced that founder Nicholas Woodman will extend $20 million in financing to keep his company afloat. That’s the Nicholas Woodman who previously made over $284 million in a single 12-month span, making him the highest paid chief executive in the US that year. Still a billionaire today, thanks to years of GoPro stock and compensation, Woodman is slowly becoming its lender of last resort. As a condolence for presiding over a 99% stock decline from the company’s peak, he’s returning a fraction of the fortune he made to…

The native token of the Cypher crypto wallet application, CYPR, has experienced a dramatic 88% price decline within 24 hours following the announcement of the app’s acquisition by global payment infrastructure firm Nium. The development was highlighted by crypto card expert Nikita (@0xVishnya) on X, sparking widespread concern among token holders. Acquisition Details and Token Impact According to Nikita’s analysis, the Cypher ecosystem is scheduled to be phased out by September 6. Crucially, the announcement confirmed that there will be no compensation or buyback program for CYPR token holders. Tokens that are currently locked will remain locked under their original…

Circle is facing legal pressure in Wisconsin after prosecutors accused the crypto firm of refusing to follow a warrant tied to stolen $USDC. The dispute comes as authorities report rising difficulty recovering funds moved through cryptocurrency scams. According to a report, authorities in two states said Circle had not followed court orders aimed at returning stolen assets. The Wisconsin case has drawn attention because prosecutors filed a criminal complaint against the company. The complaint includes one misdemeanor count. Karen Greenway, a former FBI agent and financial crime expert, said such a charge against a major financial firm is highly unusual.…