Author: NBTC

A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly paid social media influencers to make videos of fake bets. Republican Senator John Curtis and Democratic Senator Adam Schiff sent a letter to CFTC Chair Mike Selig on Thursday, saying they were concerned Polymarket “used deceptive marketing tactics to promote gambling-style products to US audiences.” “If accurate, these allegations are deeply troubling and demand immediate scrutiny from the Commodity Futures Trading Commission,” they wrote. The letter comes after The Wall Street Journal reported on June 20…

Earlier Ripple Partnership Expands Into Live USD Payment Infrastructure Caleb & Brown, a leading cryptocurrency brokerage managing more than $2 billion in digital assets, announced on June 25 that it has integrated Ripple Payments to support faster U.S. dollar withdrawals for clients. The rollout expands an earlier partnership between the companies by bringing Ripple’s payment network into the brokerage’s operational infrastructure for fiat transfers. Digital asset markets operate around the clock, while U.S. dollar transfers still rely on traditional banking hours. Caleb & Brown said integrating Ripple Payments streamlines the movement of funds between its brokerage platform and bank accounts,…

Bitcoin continues to experience sharp declines, falling below $58,000 for the first time in a long time. These declines are attributed to rising inflation concerns, a more hawkish Fed, and a strengthening dollar in recent weeks. At this point, the situation for Bitcoin is worsening, and this is reflected in the options market. According to the data, there is an increase in bets in the options market on $BTC falling to $50,000. According to analyst Omkar Godbole’s analysis, investors in the Bitcoin derivatives market are taking positions expecting a further decline in price rather than an increase. The analyst noted…

The Ethereum [$ETH] price action was in a longer-term downtrend, but has rallied 8.05% in the past week and 4.9% in the past 24 hours alone. Yet, according to data from Farside Investors, the Ethereum spot ETF flows since June 17, 2026, measured a negative $358.3 million. These persistent outflows underlined the bearish market sentiment behind the leading crypto altcoin. It has lost two major support levels in 2026: the $3.2k and $2.0k levels. AMBCrypto reported that Ethereum, trading at $1.5k, witnessed strong bearish positioning, but also warned of a possible short squeeze. Source: CryptoQuant The taker buy-sell ratio jumped…

But Slavin said firms appear reluctant to wait. “Even though the regulations and the rails aren’t fully ready yet, they want to get products out,” he said. Wall Street believes that blockchain networks could eventually become a new distribution channel for traditional investment products. Tokenized funds could allow investors to hold and transfer fund shares around the clock, potentially reducing settlement times and expanding access to global investors. One concern emerging for fund issuers, according to Slavin, is that tokenized versions of well-known ETFs are already trading on platforms outside traditional financial markets, often without direct involvement from the fund…

Cardano founder Charles Hoskinson has highlighted the success of Midnight’s Glacier Drop as a major driver of new user adoption for the Cardano ecosystem. In a recent commentary, Hoskinson described the Midnight project as a success story, pointing to the impact of its Glacier Drop campaign. Beyond distributing tokens to eligible participants across multiple blockchain ecosystems, he emphasized that the initiative introduced thousands of users from rival networks to Cardano’s infrastructure for the first time. Glacier Drop Attracts Users From Multiple Blockchains: Hoskinson According to Hoskinson, the airdrop attracted holders from Bitcoin, $XRP, and several other blockchain ecosystems. To claim…

Galaxy Digital has lowered its estimated probability of the CLARITY Act becoming law in 2026 to 50%, citing a shrinking Senate calendar and the absence of visible legislative progress ahead of the August recess. According to a research note from Galaxy Digital, Head of Research Alex Thorn reduced the firm’s previous 60% estimate after concluding that time, rather than the contents of the bill, has become the biggest obstacle to passage. i’m again reducing my odds of CLARITY act passage in 2026, mostly due to the shortening calendar and growing competition for floor time from other itemsstill think we’ll see…

Binance’s regulatory headaches in Europe haven’t changed its appetite for the continent. Co-CEO Yi He told the audience at an event in Brussels that Europe is an important market for the exchange and that Binance intends to keep working with national and EU-level authorities, according to the original report. Building trust takes time, she added, and Binance is in a direct dialogue with regulators to advance its compliance profile. The comments come as the company navigates a patchwork of registration requirements, with the EU’s Markets in Crypto-Assets (MiCA) framework nearing full application. Yi’s statement arrives after a period of retreat.…

The seasonal pattern normally runs the other way. Across bitcoin’s full record, the fourth quarter has been its strongest by a wide margin, averaging a 77% gain with a median near 48%, the stretch that has repeatedly salvaged mediocre years. The third quarter is the opposite, the weakest quarter on average and often flat. The calendar, in other words, would normally argue for a quiet third quarter and a strong fourth-quarter finish. In 2018 and 2022, that seasonal strength failed. The bear market overrode the calendar, and the fourth quarter, usually the best, became one of the worst. A sample…

Since falling to $1,510, Ethereum has traded within a narrow range. Over the past week, the altcoin has hovered around $1,600. At the time of writing, Ethereum [$ETH] traded at $1,622, up 2.8% over the past 24 hours. The muted price action prompted some investors to reduce exposure, while others waited for a clearer trend. Why did an Ethereum whale move $26 million? Ethereum has barely moved over the past week, leaving whales that accumulated in May and June sitting on unrealized losses. As market weakness persisted, some investors became more cautious. One example was Satofashi [Chun Wang], who accumulated…