Author: NBTC

After Bitcoin and Ethereum, ETF approval is expected in the US for altcoins such as XRP, Solana (SOL) and Cardano (ADA). However, not every country is taking altcoin ETFs as slowly as the US. At this point, Canada is taking important steps regarding XRP ETFs, while Canadian companies 3iQ and Purpose have launched XRP ETFs. At this point, Canadian crypto asset manager 3iQ launched its XRP ETF with zero management fees for six months, while Purpose launched its spot XRP ETF on June 18, offering direct spot access to XRP. While XRP ETFs are gaining significant traction in the country,…

This is a segment from The Breakdown newsletter. “A 1921 version of Wakanda — and all is vibranium.” — Chief Egunwale Amusan on the Greenwood district of Tulsa 1. The investment case for MSTR is gibberish The forensic short-seller Jim Chanos describes Michael Saylor’s investment pitch for Strategy as “complete financial gibberish.” Chanos was responding to Saylor telling CNBC that investors should value Strategy at a multiple of its growth in NAV. But Chanos argues this is “like claiming that your house, which increased in market value last year from $450,000 to $500,000, is actually worth $1.5 million, because you…

This comes after the company successfully launched its mainnet and participated in the Mobius Hackathon, where they received over 250 unique project submissions. Sonic has attracted a broad group of new protocols that leverage its high-performance infrastructure to build next-generation Web3 applications. One of the first SVM chain extensions built on Solana, Sonic SVM, made an announcement today on the expansion of its ecosystem of native projects that span many sectors. Sonic has attracted a broad group of new protocols that leverage its high-performance infrastructure to build next-generation Web3 applications. This comes after the company successfully launched its mainnet and…

Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and facing hurdles near the $107,000 zone. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $104,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it clears the $107,000 resistance zone. Bitcoin Price Faces Hurdles Bitcoin price started a fresh decline and traded below the $105,500 support zone. BTC…

The decentralized oracle network Chainlink (LINK) continues to dominate crypto’s decentralized finance (DeFi) sector in terms of development activity, according to the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 363.73 notable GitHub events in the past 30 days. The figure far exceeds the second-ranked DeFi project, DeepBook Protocol (DEEP), which clocked 193.57 events. The DeepBook project is a decentralized central limit order book (CLOB), which is what exchanges use to facilitate buying and selling between traders by recording bids and offers. Third on the list is DeFiChain (DFI), a…

Ethereum is one of the few crypto assets trading in the green today, and with the price of ETH hovering around the $2,500 mark for most of June, the question on most holders minds is, naturally: Where does Ethereum go next? Prediction markets, platforms that allow for the trading of event contracts, provide one window to view current sentiment. On Myriad, a prediction market developed by Decrypt’s parent company Dastan, predictors are remarkably split on Ethereum’s fate. A market titled “Ethereum’s next hit: moon to $3000 or dip to $2000?” went live on Myriad on June 19 and has so…

Tokenized private credit has rapidly emerged as one of the largest segments within the real-world asset (RWA) tokenization market, with active outstanding loans reaching $13.88 billion—significantly exceeding the $7.38 billion in tokenized U.S. Treasuries. Tokenized Loans Hit $13.88B, Fueling Real-World Asset Growth This innovation converts traditional private credit assets—loans or debt instruments typically issued by non-bank lenders—into digital tokens on a blockchain. Essentially, these tokens represent ownership stakes in underlying credit assets, enabling digital trading and management. According to rwa.xyz stats, the market is dominated by a handful of key protocols. Figure leads with $12.78 billion in total originated loans,…

Ava Labs and the Filecoin Foundation have launched a native cross-chain data bridge between Avalanche C-Chain and Filecoin, powered by the Filecoin Virtual Machine (FEVM). This integration combines Avalanche’s fast, scalable execution with Filecoin’s decentralized storage layer, creating a modular foundation for verifiable, enterprise-grade data infrastructure. As enterprise and financial institutions increasingly build on Avalanche, demand grows for reliable storage solutions that offer transparency, compliance, and long-term availability. Filecoin complements Avalanche by providing a decentralized archival layer designed to meet these needs without compromising speed or scalability. “This integration brings together Avalanche and Filecoin to build interoperable infrastructure capable of…

Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. According to a release on Friday, the deal was finalized through the issuance of approximately 146.7 million Class A ordinary shares to multiple sellers, allocated based on the hashrate contributed by each party. The mining rigs involved in the transaction are already operational and hosted at data…

Bitcoin holders have increased their profit-taking activity since the cryptocurrency’s price averages flashed a key bullish signal two weeks ago. BTC’s 50-day simple moving average (SMA) crossed above its 200-day SMA on May 22, confirming a golden cross – a technical indicator signaling bullish long-term momentum, according to data from TradingView. On the same day, bitcoin’s price hit a record high above $111,000, according to CoinDesk data. Still, holders are increasingly locking in gains rather than holding for further upside, according to on-chain data tracked by Glassnode. “Entity-adjusted realized profit spiked above $500M/hour three times in the past 24 hours,…