Author: NBTC

Bitcoin on-chain data shows the market is more balanced than simply being in a “bull” or “bear” phase. While Coin Days Destroyed (CDD) has shown some major spikes in July, other indicators, such as NUPL and MVRV, suggest that the market is cooling down rather than experiencing a major sell-off. The data points to a healthy market reset, where long-term holders are becoming more active, but there are few signs of panic selling or large-scale profit-taking. Dormant Bitcoin Is Starting to Move Notably, CDD tracks the movement of older Bitcoin by measuring how long coins remained inactive before being spent.…

Duquesne Family Office has disclosed a $23 million position in Hyperliquid Strategies Inc., giving Stanley Druckenmiller’s investment office indirect exposure to $HYPE through the Nasdaq-listed digital asset treasury company. The SEC filing for the second quarter of 2026 showed Duquesne held shares of Hyperliquid Strategies, which trades under the ticker $PURR, as of June 30, with the position appearing in the family office’s portfolio for the first time. The disclosure adds Duquesne to the institutional investors gaining exposure to Hyperliquid through publicly traded shares instead of purchasing the protocol’s $HYPE token directly. Hyperliquid Strategies operates as a digital asset treasury…

Britain’s Financial Conduct Authority (FCA) has held talks with trading platforms about potentially easing its ban on financial prediction markets for retail investors, according to a report by The Times. Prediction markets let users take yes-or-no positions on the outcome of future events across various categories, including economics, sports, and weather. The FCA treats contracts linked to financial and certain weather events as binary options, whose sale to retail investors has been prohibited since 2019. The regulator has weighed lifting the restriction as U.K. consumers increasingly access overseas platforms including market leaders Kalshi and Polymarket. The FCA’s public position continues…

Delphi Digital has raised the intriguing question of whether blockchain can reward miners for performing various types of verifiable computations. This topic is crucial as it could redefine how blockchain networks operate and impact the mining landscape. The implications of such advancements may influence stakeholder strategies significantly. For further details, see the full report here. Inside the Move The conversation around blockchain’s capabilities is gaining traction, especially with Delphi Digital’s recent analysis. The broader crypto market shows mixed signals, but interest in how blockchain can evolve continues to grow. As blockchain technology matures, miners’ potential to earn rewards for diverse…

Bitcoin’s second rejection from $67,000 has increased short-term downside risk as its weekly stochastic RSI signals a potentially prolonged bottoming phase. Failure to reclaim resistance could expose $62,000, $60,000 and $58,000, while the projected $45,000-$55,000 cycle-low zone remains speculative. Bitcoin’s Oversold Signal Points to a Longer Bottoming Process Bitcoin’s weekly stochastic RSI has entered oversold territory, but the signal may not mark an immediate market bottom. More Crypto Online said previous cycles remained oversold for several months before Bitcoin established its final bear-market low. $BTC weekly chart. Source: More Crypto Online/Wavedeck The chart compares Bitcoin’s current structure with the 2017-2018…

As allegations of manipulation in the cryptocurrency market resurface, on-chain analyst EmberCN made some noteworthy statements. At this point, an important warning came from the analyst regarding the altcoins SIREN, $AKE, $XPIN, and BTR. EmberCN stated that it examined the wallet addresses associated with the altcoins in question and detected suspicious signs indicating that the same active market maker played a role in the price movements of the four tokens. According to the analyst, all of these tokens experienced sharp increases exceeding tenfold. $AKE, SIREN, $XPIN, and BTR are on the list! One of the tokens that EmberCN particularly highlighted…

FlareNetworks has launched its much-anticipated Investor Relations dashboard, enhancing data accessibility for investors. This dashboard organizes critical information such as FAssets and FXRP activity, along with protocol-level insights across 40 tracked deployments. Such tools are pivotal for stakeholders aiming to understand the network’s tokenomics and staking dynamics more effectively. For more details, see the tweet from DefiLlama. What Went Down In the broader context of the crypto market, many assets exhibit mixed signals, reflecting varied momentum. The introduction of the Investor Relations dashboard by FlareNetworks aims to provide stakeholders with clearer insights into the network’s operational metrics. By offering organized…

Alex Thorn, the head of firmwide research at Galaxy Research, shared Galaxy’s analysis on X, adding his voice to the debate regarding Strategy’s newly announced Digital Credit Capital Framework. The new rules have sparked a debate about whether or not they will solve the company’s capital-structure problems or simply delay them. How does Strategy’s new capital framework operate? Strategy (Nasdaq: MSTR) recently disclosed a new “Digital Credit Capital Framework” in a 8-K regulatory filing. Cryptopolitan reported that the framework grants the company formal permission to sell up to $1.25 billion worth of Bitcoin. Notably, the firm is facing a massive…

A wallet address associated with the World Liberty Financial team has transferred 39 million $WLFI tokens, valued at approximately $2.33 million, to the cryptocurrency exchange Bybit, according to blockchain tracking platform Onchain Lens. The deposit, detected on-chain, marks the first activity from this address in 30 days. Transaction Details and On-Chain Activity The address in question received the exact same amount of $WLFI tokens from a World Liberty Financial treasury address just two days before the Bybit deposit. This pattern—receiving tokens from a treasury and then moving them to an exchange—is commonly interpreted by market observers as a precursor to…

Chainalysis has announced its new support for HyperEVM, allowing for automatic tracking of tokens that adhere to major standards like ERC-20 and ERC-721. This development enhances investigation and compliance workflows within the Ethereum-compatible environment on Hyperliquid. This integration is crucial as it positions Chainalysis to better serve clients focused on regulatory compliance in the crypto space. More details can be found in their official announcement. What Went Down The crypto market just witnessed a significant advancement as Chainalysis released HyperEVM support for token tracking. This integration enables automatic tracking for HyperEVM tokens that align with established standards, enhancing the compliance…