Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
PayPal, a well-known financial technology entity, is making its $PYUSD stablecoin available on Polygon, a prominent blockchain platform. The integration of $PYUSD into Polygon Open Money Stack is set to expand compliant stablecoin payments. As PayPal disclosed in its official press release, the development permits businesses to leverage $PYUSD for transfers across borders with native compliance, streamlined settlement infrastructure, and regulated off- and on-ramps. This rollout occurs at a time when the stablecoin network of Polygon keeps expanding, with its cumulative stablecoin supply hitting nearly $2.6T following doubling over the year. PayPal’s $PYUSD Goes Live on Polygon Open Money Stack…
Market Expert Says, “Bitcoin Is in Its Most Pessimistic Phase I’ve Ever Seen,” and Predicts When a Recovery Will Happen
Renowned financial analyst Lyn Alden made striking statements regarding Bitcoin and general market dynamics. Alden stated that the current pessimism in the Bitcoin market is at its lowest level in her career. According to Alden, from the fall of 2025 onwards, market liquidity will have shifted largely to companies producing artificial intelligence, semiconductors, and memory (RAM) chips. Alden stated that Paul Tudor Jones’s past description of Bitcoin as “the fastest horse in the race” has been temporarily lost to AI stocks, and that this capital flight is putting significant pressure on Bitcoin and gold. Highlighting that the current bear market…
The Ethereum ETF race is quickly becoming a fee fight. Grayscale’s disclosure of a 0.15% sponsor fee for its Ethereum Mini Trust puts real pressure on the rest of the issuer field, especially as investors compare products that will all be competing for the same basic exposure. That is a big shift from the earlier phase of the story. For months, the market mostly cared about whether spot Ethereum ETFs would get across the regulatory line at all. Now the question is how those products will compete once they are on the other side. For more details, visit the official…
DeFi risk management and blockchain infrastructure firm Gauntlet has raised $125 million in a Series C funding round led by Japan-based financial services group SBI Holdings, marking the company’s largest financing since it was founded in 2018. The SBI Holdings investment was completed in June, according to company announcement. Financial terms beyond the funding amount, including Gauntlet’s latest valuation. The company previously raised nearly $24 million in a Series B round in 2022, led by Ribbit Capital, at a reported valuation of approximately $1 billion. The latest financing comes as institutional investors continue directing capital toward infrastructure companies that support…
An abnormal capital rotation has been recorded inside the $XRP Ledger, with the volume of payments between autonomous AI agents in $XRP rising by 77%, while the turnover of Ripple USD ($RLUSD), the dollar stablecoin, declined by 32%, according to the new hub from t.54. The movement of funds coincided with anomalous activity from the financial protocol ClawBank, whose 67 connected services processed 7,630 transactions over the past 24 hours. Before this daily spike, the project had accumulated only 8,469 operations over its entire lifetime, meaning the system generated around 90% of its historical activity in just one day, choosing…
Coinbase Chief Legal Officer Paul Grewal said he is leaving the company after six years, ending a tenure that spanned the exchange’s public listing, its legal fight with the SEC, and its push for crypto legislation in Washington. After 6 years I’m leaving @Coinbase. I’ll be transitioning to an advisory role at the end of the month and continue my service on the Board of Coinbase National Trust Company. I will be a Coinbase ally for life and am grateful to @brian_armstrong, @emilemc and the Coinbase board… — Paul Grewal (@iampaulgrewal) July 9, 2026 Grewal said he will transition into…
perpetual futures linked to gold, foreign exchange, and energy markets. The expansion marks the company’s next step after launching U.S.-regulated crypto perpetual futures in May. Besides broadening its product lineup, Kalshi aims to attract both retail and institutional traders while challenging established exchanges and competing more directly with Robinhood in the fast-growing derivatives market. Gold, FX, and Energy Lead Expansion Plans Chief Risk Officer Udesh Jha said investor demand continues to shape Kalshi’s roadmap. Consequently, gold ranks among the top priorities because it appeals to everyday traders. The company also plans to pursue foreign exchange and energy contracts, citing strong…
Using that approach, the firm said Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) appear to offer the largest disconnect between their contracted business and current valuations. In each case, Compass Point argues the market is assigning little, if any, value to additional AI capacity that has yet to be leased, despite the potential for those projects to generate significant rental income once completed. Core Scientific (CORZ) and Riot Platforms (RIOT) stand out for different reasons. Compass Point said Core Scientific’s existing contracts are already largely reflected in its valuation, meaning further upside will likely depend on signing new…
Robinhood Chain (@RobinhoodCrypto) climbed to nearly $79 million in total value locked in its first eight days, up almost 69% in the past 24 hours, a strong start for a blockchain that a brokerage only switched on July 1. It also turned into something Robinhood did not plan for: a memecoin playground. The chain is pulling real liquidity and real attention, just not only in the shape the launch pitch suggested. What Is Robinhood Chain? Robinhood Chain is Robinhood’s (@RobinhoodApp) own Ethereum Layer 2, built on the Arbitrum Orbit stack and settling back to Ethereum for security. It uses $ETH…
The recent upward trend in the cryptocurrency markets and Bitcoin’s rise above its 200-day moving average have once again raised the question among investors: “Has the bottom been left behind?” Mike, an analyst at the crypto analytics firm The DeFi Report (TDR), warned in his latest video analysis that a cautious approach should be taken to the current bull run, examining the market structure and on-chain data metrics. Despite Bitcoin recently rising 10% from its lows and challenging resistance levels, TDR analyst Mike estimates a 65% chance of seeing a lower low (below $58,000) in the market. He suggests the…