Author: NBTC

Ripple’s native stablecoin, $RLUSD, has officially become the tenth largest stablecoin in the world as sentiment across the broader crypto market turns bullish. This is coming amid a sudden flip in market sentiment as leading crypto assets and stablecoins show notable growth after several months of extreme weakness. $RLUSD hits new milestone According to data from SosoValue, $RLUSD has reached over $1.64 billion in market capitalization for the first time in just about a year after it launched. Following a significant surge of over 72% in its trading volume over the last 24 hours, $RLUSD has achieved a new milestone…

A federal judge in New York has ruled against prediction market platform Kalshi, denying its request to block the state from enforcing its gambling laws on the company’s sports betting offerings. The decision marks a significant moment in the ongoing legal battle over how prediction markets should be regulated in the United States. Court Ruling Details Judge Analisa Torres of the U.S. District Court for the Southern District of New York found that New York’s application of its gambling laws to sports betting does not conflict with the federal Commodity Exchange Act (CEA). As a result, Kalshi’s request for a…

The South Korean exchange market has long been a fortress dominated by Upbit, but a new shareholder pact is set to test the structure. OKX Ventures, the investment arm of OKX, has acquired a 20% stake in Coinone, making it a joint third-largest shareholder, according to a local media report. The move hands Coinone access to OKX’s matching engine, custody technology, and wallet systems, all of which will be integrated into the platform to strengthen its trading infrastructure, compliance posture, and appeal to institutional clients. Coinone has struggled to gain material market share against Upbit, which commands more than 80%…

Strategy’s business model has come under a barrage of harsh criticism from experts. Well-known analyst Charles Edwards openly called Michael Saylor’s strategy a “ticking time bomb” that fully depends on the continuous growth of Bitcoin’s price and risks exploding during a prolonged market decline. Fresh financial data as of the end of June 2026 partly confirms the fears. Right now, Strategy holds 847,363 $BTC on its balance sheet, valued at $53.1 billion. However, because of the high average purchase price of $75,646, the company’s unrealized paper loss has already exceeded $11 billion. Bitcoin holdings of Staretgy and their USD value…

Key takeaways: BitMine’s aggressive $ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses. Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for Ethereum’s base layer. Ether ($ETH) price rallied 15% in five days, distancing itself from the $1,500 low hit on June 26. Part of the improvement in investor sentiment can be pinned to the final tests on Ethereum’s Glamsterdam upgrade, targeted for later in 2026. Moreover, BitMine Immersion Technologies’ continued Ether accumulation helped strengthen the support level. Will $2,000 come next? Total crypto capitalization/USD (left) vs. $ETH/USD (right). Source: TradingView Ether outperformed the total crypto…

Appointee will meet SEC and NYSE independence standards, restoring the audit committee to full composition 6 June 2026 – Tether International, S.A. de C.V. (“Tether International”), the controlling shareholder of Twenty One Capital (“XXI”), today announced it has designated an additional independent director to XXI’s board, filling the audit committee seat opened by recent board changes. The board of XXI determined that the appointee will qualify as independent under Rule 10A-3 of the Securities Exchange Act and Section 303A.02 of the NYSE Listed Company Manual.The vacancy followed the May 20th transaction in which Tether acquired SoftBank Group’s stake in XXI,…

Is 2026 the year of Stellar (@StellarOrg)? On real-world usage, the case is strong. On the $XLM price, not yet. That gap is the whole story of Stellar’s first half. While $XLM swung inside a low range and sat near $0.20 by mid-June, the network spent the first six months signing up some of the largest names in payments and clearing, and posting on-chain numbers that point to actual usage rather than speculation. Here is what shaped H1, and what it means for the back half of the year. MoneyGram goes native The headline move came on June 2, when…

The laughingly audacious legal attempt to claim legal ownership over billions of dollars worth of early-mined Bitcoin, including the legendary fortune of Bitcoin creator Satoshi Nakamoto, is currently unraveling. According to updates shared by Alex Thorn, head of firmwide research at Galaxy, the pseudonymous plaintiffs behind the controversial “abandoned bitcoin” lawsuit have “just quietly dropped 44 of its 39,069 defendants” after on-chain data proved the wallets are actually active. Thorn noted that “every single one had moved coins onchain since the case was filed.” Debunking “dormancy” claims As reported by U.Today, the lawsuit was recently filed in the New York…

Adjusted stablecoin transaction volume hit a record $1.79 trillion in June, up 63% from May’s $1.1 trillion, according to payments giant Visa. June’s record stablecoin transaction volume surpassed the previous record of $1.78 trillion in February, and is up 125% from the prior-year period, according to Visa’s Allium-powered stablecoin analytics dashboard. “June 2026 was another record month for stablecoin transaction volume, just ahead of February 2026,” said Zach Pandl, head of research at Grayscale, on Sunday. The sharp increase in stablecoin transaction volume suggests growing real-world use in payments, decentralized finance and cross-border transfers as crypto infrastructure matures. It comes…

Bitcoin ($BTC) remained under pressure on Wednesday, trading below the $63,000 mark after posting modest losses in the previous session. The world’s largest cryptocurrency continues to face strong technical resistance, suggesting the ongoing correction could extend in the near term. The broader weakness across the crypto market is also weighing on sentiment, with Ethereum (ETH) trading below $1,700 and Ripple (XRP) showing signs of fading momentum. $BTC remains trapped below the moving averages At the time of writing, Bitcoin is changing hands near $62,600 and remains firmly below its major trend indicators. The cryptocurrency continues to trade beneath its 50-day…