Author: NBTC

US-based crypto exchange Kraken has added an S&P 500 perpetual product to its proprietary trading program, giving funded traders round-the-clock exposure to the US equity benchmark. According to a company blog post on Wednesday, the product is structured as a perpetual priced off an index oracle tracking the S&P 500, rather than a standardized futures contract, meaning it has no expiration date or rollover requirement. The S&P 500 joins the Nasdaq 100 as the second traditional market available through Kraken Prop, with the company planning to add commodities as part of a broader multi-asset rollout. Traders can access the S&P…

Bitcoin Miners Keep Losing Ground Bitcoin mining is now 1.31% easier than it was the day before, and the full-year scorecard shows miners have spent more time losing ground than gaining it. From the first adjustment of 2026 through the latest at block 963648, Bitcoin has recorded ten downward difficulty adjustments against just seven increases. Bitcoin’s last two difficulty adjustments logged by mempool.space. More importantly, the losses have repeatedly dwarfed the rebounds that followed. Difficulty entered 2026 near 148.25 trillion before the Jan. 8 adjustment and now sits at 125.81 trillion, leaving Bitcoin’s mining difficulty roughly 15.1% below the level…

Bitcoin ($BTC) is holding around the $63.8K mark. The price is under no immediate pressure to explode or crash. Bitcoin ($BTC) is currently trading at $63,815, up by 1.70% on the day, with the trading volume surging 71% to $26.93 billion. The session has ranged between $62,226 and $64,163, implying a tight band. Over the last 24 hours, $86.34 million in $BTC liquidations have been recorded, as per Coinglass data. Moreover, a new week and a new month have begun, and choppy price action is expected for the first one to two weeks before a clear directional move emerges. Also,…

Last night, Bitcoin experienced a strong surge in the cryptocurrency market, and Ethereum was one of the most notable assets in this rise. $ETH has surged approximately 20% in the last 24 hours, climbing above the $2,300 level. This rise was driven by increased overall market risk appetite as well as strong inflows into Ethereum ETFs. While $ETH attracted attention with its significant movement, Real Vision analyst Jamie Coutts assessed Ethereum’s strong upward trend. Coutts noted that $ETH experienced its eighth largest daily move since 2018 yesterday, but this does not guarantee that the uptrend will continue at the same…

According to recent data from Ripple Stablecoin Tracker, Ripple USD ($RLUSD) supply on the Ethereum network has shrunk to about $692 million as Ripple continues to adjust the stablecoin’s circulating supply through token burns. At the start of July, $RLUSD supply on Ethereum was above $727 million; now this figure has decreased, with millions in Ripple USD burned on the Ethereum network in the last seven days. $115.4 million was burned on the Ethereum blockchain in the last seven days as seen on the Ripple Stablecoin Tracker website, while $49.3 million was minted in the same timeframe. On July 29…

Why Is the CLARITY Act Priced at 21%? Polymarket traders assigned the Digital Asset Market Clarity Act a 21% chance of becoming law by Dec. 31, with more than $5.5 million in trading volume as of Aug. 9. That price puts a number on the question facing U.S. exchanges, token issuers, and custodians: whether comprehensive federal crypto rules arrive this year. Polymarket’s CLARITY Act odds of being signed into law in 2026. Source: Polymarket Introduced as H.R. 3633, the Digital Asset Market Clarity Act (CLARITY Act) is a market structure bill that divides oversight of digital assets between the U.S.…

Cryptocurrency exchange Coinbase announced it will suspend futures contracts for 10 crypto assets, including Memecoin ($MEME), The Sandbox ($SAND), and Moonbirds (BIRB). According to Coinbase, trading in these futures contracts will be halted on August 26th at approximately 9:00 PM Turkish time. The contracts that will be suspended and delisted are as follows: Memecoin ($MEME-PERP) The Sandbox ($SAND-PERP) Moonbirds (BIRB-PERP) Blur (BLUR-PERP) Katana (KAT-PERP) SPX6900 ($SPX-PERP) ZORA (ZORA-PERP) Axie Infinity (AXS-PERP) Gensyn (AI-PERP) LayerZero (ZRO-PERP) Coinbase stated that positions that are still open at the end of trading hours will be automatically settled. According to the exchange’s statement, the final…

Ethereum price traded near $2,300 on Thursday after a derivatives-driven breakout pushed $ETH above its three-month range, though overbought signals now raise the risk of a pullback. Ethereum price action today According to data from crypto.news, Ethereum ($ETH) price traded at about $2,285 at press time on Aug. 20, up 1.4% on the daily candle after briefly reaching $2,298. The latest advance extended a breakout that began Wednesday, when $ETH surged from below $1,950 and cleared several resistance levels in a matter of hours. At its highest point, the move represented a gain of roughly 20%. Before the rally, Ethereum…

BitMart’s missing proof-of-reserves report and withdrawal complaints from two crypto projects have raised fresh questions about how customer assets are held during the exchange’s wind-down. BitMart concerns expose verification problem Arch Lending co-founder and CTO Himanshu Sahay said questions about withdrawals and exchange closures expose the difference between assurances offered by a platform and financial information that customers can independently check. “Whenever questions arise around withdrawal processing or exchange wind-downs, it points to a structural gap across digital asset markets: the difference between platform-level statements and independent verification,” Sahay said in a statement to crypto.news. Customers often have no real-time…

Strategy sold 1,638 bitcoin last week for $105 million, reduced its holdings to 842,138 $BTC, and began tracking the 200-week moving average on its website, marking the clearest shift yet from accumulation to active treasury management. Introduction For four years, the Michael Saylor bitcoin thesis had one direction: buy. From August 2020, when Strategy (then MicroStrategy) made its first $250 million bitcoin purchase, through early 2026, the company acquired over 843,000 coins through a combination of cash purchases, convertible note issuances, common stock sales, and preferred stock offerings. Saylor told Bloomberg in February 2024 that he had “no plans to…