Author: NBTC

Samsung SDS has identified stablecoin infrastructure as the first major collaboration area under its investment in Dunamu, outlining plans to combine blockchain, AI and cloud technologies as part of its digital asset strategy. According to Samsung SDS during its second-quarter earnings conference call on Wednesday, the company has been discussing stablecoin infrastructure, AI-powered next-generation payments and virtual asset financial system integration with Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit. Samsung SDS has outlined how its Dunamu investment will be used Samsung SDS President Lee Joon-hee said the company’s stake in Dunamu was made to enter the digital…

Bitcoin’s network hashrate has been on a downward trend for approximately 287 days, with mining difficulty now 19.9% below its all-time high, according to a report from Bitcoin Magazine. The prolonged decline reflects a significant shift in the mining sector, as publicly listed companies increasingly reallocate power and data center capacity toward artificial intelligence and high-performance computing (HPC) workloads. Hashrate and Difficulty Trends Signal Sector Transition The sustained drop in hashrate—the total computational power securing the Bitcoin network—marks one of the longest contraction phases in recent years. Mining difficulty, which adjusts every 2,016 blocks to maintain block production times, has…

Around 30,500 Bitcoin options contracts will expire on Friday, June 19, with a notional value of roughly $1.9 billion. This event is slightly smaller than last week’s and still not enough to impact spot markets. Crypto markets gained slightly before retreating in the second half of the week, with total capitalization hovering around the $2.25 trillion level and $70 billion leaving the space since Monday. A signed peace deal between the US and Iran has not improved sentiment, while the new Federal Reserve Chair, Kevin Warsh, left rates unchanged as expected on Wednesday, but hikes could be on the cards…

Crypto venture funding has reached $1.2 billion in July even as DeFi investment has fallen to its lowest quarterly level since late 2023. CryptoRank data shows that investors completed roughly 25 funding rounds in July as of July 20, keeping capital active despite a sharp decline in the number of announced deals. Monthly fundraising has moved unevenly throughout 2026. According to CryptoRank, crypto companies raised $1.14 billion in January before the total slipped to $896.3 million in February. Funding then climbed to $2.2 billion in March, supported by roughly 85 deals, the highest monthly count shown in the six-month chart.…

Evernorth says real banks are already using $XRP, citing Société Générale’s launch of its $EURCV stablecoin on the $XRP Ledger. The firm now argues the next phase is determining which networks and regulatory frameworks will support wider adoption. “The next 18 months will be about how much, on which chains, and under which set of rules,” Evernorth wrote in a post on X. Key Points Evernorth argues that real banks are already using $XRP. It cited Société Générale’s SG-FORGE, which launched the $EURCV stablecoin on $XRP Ledger, Ethereum, Stellar, and Solana. Evernorth says the move shows major banks are already…

Strategy founder Michael Saylor has publicly voiced support for the CLARITY bill, a bipartisan legislative effort aimed at establishing clear rules for digital assets in the United States. In a post on X, Saylor said he backs the initiative to protect property rights, foster innovation, and strengthen U.S. capital markets, while also noting that Bitcoin’s long-term success does not depend on the bill’s passage. What is the CLARITY Bill? The CLARITY bill, whose full name is the “Cryptocurrency Legal Clarity and Investor Protection Act,” seeks to define which digital assets are securities and which are commodities, providing regulatory certainty for…

Changpeng Zhao, the founder of Binance, stated on social media platform X that he supports all memecoins and may engage in buying or selling some of them over the coming weeks for testing purposes. His comments come amid ongoing discussions about the role and volatility of memecoins in the cryptocurrency market. Zhao Clarifies Position on Memecoin Donations to Giggle Academy In a series of posts, Zhao emphasized that he has not discussed the disposal of recently donated memecoins with Giggle Academy, the education initiative he leads. He clarified that Giggle Academy has been converting most donated tokens into $BNB or…

SpaceX stock has fallen to $119.79 after seven straight losing sessions, leaving SPCX 11% below its $135 IPO price before Tesla’s second-quarter earnings and a renewed Starship launch attempt. TradingView’s one-hour chart shows SPCX pressing against the lower boundary of a descending channel that has guided the stock down from around $170 at the start of July. The shares closed 0.93% lower in the chart’s latest session after trading between $119.69 and $121.03. Although SPCX gained about 1.6% before Monday’s opening bell, the advance faded during regular trading as sellers extended the stock’s losing run. T/he shares ended Monday below…

Tokentus Investment CEO Oliver Michel has revealed that $XRP represents his largest personal and corporate crypto holding. Michel made the disclosure during a recent appearance on DER AKTIONÄR TV, where he discussed the long-term role of $XRP and $XLM in global asset tokenization, particularly in relation to the Depository Trust & Clearing Corporation (DTCC). Key Points Oliver Michel disclosed that $XRP and $XLM represent his two largest cryptocurrency holdings. Michel noted that both assets rank as top allocations in his personal portfolio as well as in the holdings of Tokentus Investment AG. The Tokentus CEO argued that the financial sector…

The U.S. Commodity Futures Trading Commission (CFTC) has reached a settlement with former U.S. Representative George Santos over allegations that he manipulated a prediction market on the platform Kalshi, according to a report from The Block. The settlement resolves claims that Santos bet on whether he would attend the State of the Union address and then took steps to influence the market’s outcome. Background of the case The CFTC had filed a lawsuit against Santos, accusing him of violating commodity trading laws by engaging in market manipulation. Specifically, regulators alleged that Santos placed a wager on Kalshi regarding his attendance…