Author: NBTC

A London court has taken a significant step in clarifying the legal status of Bitcoin under UK law, but stopped short of confirming whether a judge can order a debtor to repay a debt directly in the cryptocurrency. The case, Hussain v Fix, heard on June 18, represents a civil first in the UK, as reported by Forbes. What the Court Decided The dispute centered on a plaintiff seeking the return of 7.8 Bitcoin (BTC) for business expenses, citing a prior agreement between the parties. The defendant did not appear in court, leaving the judge to examine the legality of…

Spot trading was once dominated by centralized exchanges. That has changed quickly as DEX adoption continues to gain momentum. According to DefiLlama, total DEX volume across all chains hit a record $1.34 trillion in Q2 2025, with Solana accounting for 25%+ of the total. The milestone further reinforces Solana’s position as the leading chain for on-chain spot trading activity. Looking at the breakdown by chain, Solana continues to top the rankings. As the chart below shows, Solana’s monthly DEX volume recently climbed to nearly $50 billion versus Ethereum’s roughly $35 billion. The gap clearly highlights Solana’s growing dominance in on-chain…

Fed Policy, CLARITY Act, and Strategy Shape Bitcoin’s Next Move Bitcoin’s move below $60,000 has renewed debate over whether the market is nearing exhaustion or facing another leg lower. The decline follows a peak near $125,000 in October, with Grayscale Research noting June 26 that bitcoin is now down more than 50%. The pullback has been driven in part by a changed interest-rate backdrop. Grayscale said expectations shifted after President Donald Trump selected Kevin Warsh, seen as more hawkish, over Kevin Hassett. With Warsh now leading the Federal Reserve and inflation still elevated, markets have moved toward the possibility of…

Latest developments: Digital credit products tied to Strategy’s bitcoin-backed ecosystem suffered steep declines last week before partially recovering. Strategy’s preferred stock funding vehicle STRC fell as low as $82.53 on Thursday before rebounding to roughly $90.50, according to Strive Chief Risk Officer Jeff Walton. Strive’s SATA dropped into the low $90 range before recovering to about $98.59. Walton attributed the move to leverage liquidations and heavy selling pressure rather than deterioration in the underlying credit quality. CEO Matt Cole previously described the episode as a “leverage liquidation event, not a credit failure.” CoinDesk’s Jennifer Sanasie interviewed Strive Chief Risk Officer,…

Hyperliquid (@HyperliquidX) is a decentralized exchange built on its own Layer 1 blockchain, and $HYPE is its native token. $HYPE pays gas on the network, secures the chain through staking, gives holders a vote on protocol changes and earns fee discounts for traders. Its most important job, though, runs on the back end: most of the fees the platform collects are used to buy $HYPE on the open market and burn it. That last part is why the token gets so much attention. And now there is a second way to hold it. US spot $HYPE ETFs went live in…

South Korea’s planned taxation of virtual assets is facing significant obstacles related to fairness and legal clarity, according to a prominent tax and finance lawyer. Ahn Hyun-kook, an attorney at the law firm Bae, Kim & Lee LLC, recently argued in a column that while there are valid reasons to move forward with the tax, several unresolved issues could undermine its effectiveness and equity. Fairness Concerns After Financial Investment Tax Repeal Ahn pointed out that the recent abolition of South Korea’s financial investment income tax has effectively removed the general framework for capital gains taxation. This creates a critical fairness…

Prediction Markets Hit a Record $10.8 Billion in Weekly Trading Volume Data from venture capital firm Andreessen Horowitz’s crypto division, A16z crypto, show prediction market trading volume reached a record $10.8 billion during the week ending June 15, 2026, marking the first time weekly activity exceeded the $10 billion threshold. The milestone followed a year of rapid expansion across leading platforms, with total volume more than doubling from levels recorded earlier this spring. A16z crypto stated on June 19 in a post on X: “ Prediction markets hit a record $10.8 billion in weekly trading volume in the week ending…

Institutional demand for Bitcoin is showing fresh signs of weakening, removing one of the market’s strongest sources of structural spot buying. The U.S. Spot Bitcoin and Ethereum ETFs are experiencing their seventh consecutive day of Net Outflows, with $445 million coming out of Bitcoin and $12.85 million coming out of Ethereum yesterday. Source: SoSoValue As redemptions persisted, monthly Bitcoin ETF flows turned negative by roughly $4.06 billion, reducing total ETF assets to $72.82 billion. This trend matters because sustained outflows reduce institutional buying that previously absorbed market supply during corrections. Unless whales or long-term investors replace that demand, Bitcoin could…

Arthur Hayes, the founder of the cryptocurrency exchange BitMEX and a leading figure in the industry, made striking predictions that will profoundly shake global markets during his appearance on the Bankless podcast. Hayes argued that the Artificial Intelligence (AI) craze sweeping the technology world has turned into a massive financial bubble, and that after this bubble bursts, the only escape route for global capital will be cryptocurrencies. Arthur Hayes noted that global capital is currently flocking to the artificial intelligence sector, which it views as “the fastest-running horse.” However, arguing that this is leading to a very serious misallocation of…

Institutional moves in a volatile market are rarely a coincidence. On the macro side, things are still looking risk-off. Over $100 billion has flowed out of crypto this week, dragging total market cap down to $1.99 trillion, levels not seen since September 2024. Clearly, the market is in a weak phase, where technical downside could start lining up with softer on-chain signals. But is Solana starting to diverge from the broader trend? From a technical view, $SOL’s 5.7% weekly pullback shows it’s still tracking the wider market weakness, and a move toward $60 isn’t off the table if pressure continues.…