Author: NBTC

India’s Parliamentary Standing Committee on Finance is set to hold a crucial meeting on July 2 to discuss the future of Crypto Regulation in the country. The committee is chaired by BJP MP Bhartruhari Mahtab. It has summoned representatives from the Reserve Bank of India (RBI) and the Institute of Chartered Accountants of India (ICAI) for discussions on “A Study on Virtual Digital Assets (VDAs) and Way Forward.” According to the official schedule, the RBI will appear before the panel from 11:00 AM to 12:30 PM. Then, ICAI will appear from 12:30 PM to 1:30 PM at Parliament House Annexe…

Ondo Finance ($ONDO) introduced 24/7 minting and redemption for tokenized US stocks and exchange-traded funds (ETFs), extending always-on access beyond the previous five-day-a-week schedule that paused on weekends and US public holidays. The new capabilities are live across Ethereum and BNB Chain and will reach Solana soon, according to a 25 Jun statement from Ondo. Minting creates the tokenized stock or ETF from the underlying asset; redemption hands the token back for the underlying value. “With this upgrade, eligible users will be able to mint or redeem supported assets around the clock at the current prevailing price, creating a more…

$REAL, a blockchain infrastructure provider focused on tokenized real-world assets, has rolled out a confidential execution layer aimed at regulated financial firms that want to operate onchain without broadcasting every move. The new layer runs parallel to $REAL’s public Layer 1 network and uses ZKsync’s Prividium technology, which gives banks, asset managers, and funds privacy controls over positions, allocations, and counterparty data. Settlement still happens on Ethereum, so institutions retain access to public liquidity even while keeping sensitive activity off the open network. For years, regulated firms have faced a structural tradeoff. Public blockchains offer global reach, near-instant settlement, and…

In brief The Bitcoin daily price chart shows an RSI of 34, ADX of 36.9 trending bearish, a death-cross EMA setup, showing an organized decline. The $58,035 support level held on Monday’s intra-day dip to $58,801. It may not get many more chances. On Myriad, traders say there’s an 80% Bitcoin price dumps before any market rebound. Wall Street turned green today—Nasdaq up 1.4%, S&P 500 up 0.8%—after the Supreme Court blocked Trump’s attempt to fire Federal Reserve governor Lisa Cook and a U.S.-Iran ceasefire reduced tensions near the Strait of Hormuz. Risk assets rallied, but Bitcoin barely noticed. BTC…

Wang Chun, co-founder of F2Pool, the world’s fourth-largest Bitcoin mining pool, has deposited a significant amount of cryptocurrency to Binance. According to on-chain data from Onchain Lens, Chun deposited 16,842 $ETH, valued at approximately $26.87 million, and 60 WBTC, worth around $3.61 million, to the exchange. Broader Withdrawal and Deposit Activity While the recent deposit to Binance has drawn attention, it represents only a portion of Chun’s larger on-chain activity. Onchain Lens data reveals that since May 26, Chun has withdrawn a total of 91,945 $ETH, valued at approximately $159.9 million, and 973 WBTC, worth around $60.72 million. The combined…

The two largest stablecoins shed supply over the past seven days, even as legislative tailwinds and a steady drumbeat of institutional partnerships pushed stablecoins to the front of the policy conversation. $USDC circulating supply fell 0.7% over the trailing week, from $75.08 billion to about $74.6 billion, per DefiLlama. Tether’s $USDT slipped 0.1% in the same window, from $186.49 billion to roughly $186.3 billion. Both majors contracted at once, the directional opposite of what a regulation-driven expansion would produce. The pullback is small in percentage terms, but it lands against a backdrop of headlines treating stablecoin legislation as a growth…

Shiba Inu burn rate saw a significant increase in the last 24 hours, rising 434.63% in this timeframe. The increase follows millions of $SHIB sent to dead wallets, with the burn rate rising correspondingly. According to the Shibburn website, 3.32 million $SHIB were burned in the last 24 hours. Although this number seems small, it was much higher than the day before. Shiba Inu saw its largest burn figure of the week when 5.5 million $SHIB were burned on June 24. In the last seven days, a total of 26.52 million $SHIB were burned, albeit with a 36.39% weekly drop.…

A major $XRP whale has suffered one of the largest $XRP liquidations in recent weeks after the token plunged toward $1.00. Data from Hyperbot shows that the whale, identified by wallet address 0xf79, lost $28.2 million in $XRP long positions as a broader market sell-off pushed prices below key liquidation thresholds. The trader also suffered liquidation on a separate Bitcoin position, bringing total forced liquidations to approximately $75 million. Whale Positioned Aggressively for an $XRP Recovery The trader began building $XRP long positions on June 23 through Hyperliquid when $XRP traded around $1.11 per token. Instead of opening a single…

Pharos Network ($PROS), a Layer 1 blockchain focused on real-world asset (RWA) tokenization and artificial intelligence, has announced its first incubation investment. Faroo, a project building an RWA hybrid vault, will receive funding and ecosystem support at a $10 million valuation. The specific investment amount has not been disclosed. Strategic Incubation and RWA Vault Launch The announcement, made on June 29, marks the launch of Pharos Network’s incubation program. Faroo is the first project selected under this initiative, which aims to support early-stage ventures within the RWA and AI sectors. Alongside the investment, Faroo is introducing a hybrid vault model…

El Salvador says it continues buying Bitcoin ($BTC) daily, raising its national Bitcoin reserve to 7,696 $BTC worth approximately $460 million. However, the International Monetary Fund (IMF) says no net new government Bitcoin purchases have occurred since early 2025, citing the country’s $1.4 billion bailout terms that prohibit voluntary public-sector Bitcoin acquisitions. El Salvador Claims Daily Bitcoin Purchases, But the IMF Disputes President Nayib Bukele’s government has been pushing a narrative about buying one $BTC a day to continue building its Strategic Bitcoin Reserve. As of June 28, 2026, official trackers show that El Salvador holds about 7,696 $BTC, worth…