Author: NBTC

Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak August trading period. Bitcoin price falls below $63K as risk assets weaken Bitcoin traded below $63,000 after losing approximately 3% over the previous 24 hours. The decline followed renewed weakness in Asian technology shares, particularly companies tied to the artificial intelligence and semiconductor sectors. Ethereum fell 2.8% to around $1,860, while Solana declined 2% to approximately $73. XRP traded near $1.06 as selling spread across large-cap cryptocurrencies. The pullback came one day after Samsung Electronics…

Bitcoin treasury company Strategy diluted shareholders of MSTR, the company’s common stock, by $333.7 million last week and bought no bitcoin ($BTC). Instead, the company redirected about 40% of the proceeds to repurchase STRC for its preferred shareholders, 16% as STRC dividends, and kept the rest for itself as cash. Strategy disclosed the transactions in an SEC filing this morning. It was the company’s fourth straight week of diluting MSTR shareholders with $0 $BTC purchases. In fact, Strategy has not increased its $BTC holdings since June 21, 2026. It owns 6,916 fewer $BTC today than it did two months ago.…

Shiba Inu is witnessing a notable spike in its network activity as the recent broad crypto market resurgence has sparked a fresh wave of interest and market participation across all major crypto assets. While momentum has remained following a massive 22% surge in the price of $SHIB over the last day, the network has just recorded one of its largest burn activities in recent days. $SHIB supply shrinks by 41.8 million $SHIB Following the surge in the Shiba Inu network activity, data from Shibburn shows that a total of 41.8 million $SHIB has been moved to dead or irretrievable wallets…

The U.S. Senate is scheduled to hold a procedural vote on the Clarity bill on September 15, according to a senator involved in the legislative process. The vote, which will determine whether the bill advances to a full floor debate, marks a key step for the proposed legislation aimed at establishing a federal framework for digital asset market structure. What the Clarity Bill Proposes The Clarity bill, formally known as the Lummis-Gillibrand Payment Stablecoin Act in some versions, seeks to clarify the regulatory jurisdiction of federal agencies over digital assets. It would designate the Commodity Futures Trading Commission (CFTC) as…

Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it has postponed the planned listing date for Dolphin (POD) spot trading pairs this week. Following the postponement, the exchange stated that the POD token remains on its listing roadmap and that further developments regarding when trading will begin will be shared. Coinbase announced that spot trading pairs for Dolphin were planned to launch this week, but the listing has been postponed to a later date. The exchange did not share a specific date for the start of the new trading. The assets included in Coinbase’s listing roadmap…

It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and 73% year-over-year, driven in large part by bitcoin’s $BTC$64,385.25 decline, as well as by the consistent issuance of common stock to fund more bitcoin purchases, build cash reserves, pay dividends, and repurchase preferred stock. “If MSTR is trading at a very, very deep discount to NAV, then probably you would see us do something like…

An Aug. 19 White House meeting involving at least six crypto and prediction-market firms has brought institutional settlement into focus as Lynq CEO Jerald David warns that regulation cannot make cash and collateral move around the clock. Lynq CEO Jerald David told crypto.news that clearer rules would remove only one barrier facing financial institutions as digital assets, tokenized securities, and traditional markets become more closely connected. Once an institution completes a trade, it must still fund the position, deliver cash, and move any required collateral. According to David, each step becomes more difficult when firms use several exchanges, counterparties, and…

A wallet holding 843 $BTC just moved out of Kraken and into the unknown — literally. The crypto exchange sent the coins to an unidentified address in a transaction flagged by blockchain tracking service Whale Alert, and the size of the transfer alone is enough to make traders pay attention. This particular Kraken $BTC transfer, worth roughly $67.7 million at the time it was recorded, lands at a moment when the broader crypto market is sending anything but a clear signal. Key takeaways 843 $BTC was transferred from Kraken to an unidentified wallet, according to Whale Alert. The transaction is…

Bitcoin ETFs are buying again, but Bitcoin is moving in the opposite direction. U.S. spot ETFs pulled in $233.1 million on July 30, led by BlackRock, yet $BTC slipped below $63,000.This has left investors wondering, why is Bitcoin falling while institutions are buying? Bitcoin ETFs Turn Positive After Heavy Weekly Outflows U.S. spot Bitcoin ETFs have returned to positive territory after facing heavy selling pressure earlier this week. The funds recorded $233.1 million in net inflows on July 30, with BlackRock’s IBIT driving most of the buying as institutional demand showed signs of returning. BlackRock remains the key driver behind…

U.S. stocks tied to the cryptocurrency sector moved higher in Tuesday trading, with shares of Strategy (MSTR), Coinbase (COIN), Circle (CRCL), Bitmine (BMNR), and SharpLink (SBET) all posting gains. The advance comes as Bitcoin and other major digital assets maintained a steady range, providing a tailwind for companies with significant crypto exposure. Market Snapshot: A Broad Rally in Crypto-Exposed Names Among the notable movers, Strategy—formerly MicroStrategy, the largest corporate holder of Bitcoin—rose 4.74%, reflecting investor optimism about its continued accumulation strategy. Coinbase, the largest U.S.-based crypto exchange, added 1.64% as trading volumes remained robust. Circle, the issuer of the $USDC…