Author: NBTC

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…

Just two platforms now capture more crypto application revenue than the rest of the industry combined. That striking reality sits at the heart of a new analysis from ARK Invest, which argues the sector is moving through its most concentrated consolidation phase ever — one that is quietly redrawing which projects survive and which ones quietly disappear. Key takeaways Hyperliquid and Pump.fun together account for roughly 67% of all crypto application revenue, according to ARK Invest research associate Lorenzo Valente. Adding synthetic dollar protocol Ethena pushes the top three platforms’ combined share to nearly 80% — a record level of…

Maybe, but not in the way the issuers and exchanges already do. Stablecoins have two proven business models so far: issue a dollar token or distribute one and earn on the float. Circle does the first, Coinbase the second. Polygon is chasing a third role, the settlement layer that those dollars move across, and it is spending real money to get there. How are companies already making money on stablecoins? Circle (@circle) is the clearest case. It issues $USDC, the second-largest stablecoin, and earns most of its money from interest on the reserves backing those tokens. The more $USDC in…

Yield Guild Games co-founder Gabby Dizon said its web3 game publishing arm went dark on Friday. “@YGG_Play services will shut down as of today,” Dizon wrote on his verified X account on Friday, adding that “our @YieldGuild story continues – more on this starting next week!” The unit posted its own sign-off 43 minutes earlier. “Today marks the final day for YGG Play,” the YGG Play account wrote, thanking users who played its games, completed quests or staked YGG. Asked in the replies how far the closure reaches, the account said it covers “just @YGG_Play! Yield guild main will always…

The Hong Kong Securities and Futures Commission has issued a restriction notice freezing assets worth up to HK$125.247 million in a client account at Futu Securities International Limited as part of an ongoing investigation into suspected IPO share manipulation. According to the Hong Kong Securities and Futures Commission (SFC), the restriction applies to assets held by a certain entity suspected of participating in a fraudulent scheme designed to create a false or misleading appearance of demand for shares in an initial public offering. The regulator said Futu is not the subject of its investigation and stressed that the restriction notice…

Bitcoin has fallen to around $62,400 after a combination of options-expiry volatility, long liquidations, and renewed concerns over corporate Bitcoin selling weighed on sentiment across the crypto market. According to data from crypto.news, Bitcoin ($BTC) fell nearly 3% over the previous 24 hours to an intraday low near $62,300 on June 19. The decline extended losses after roughly $2.13 billion in Bitcoin and Ethereum options contracts expired. Investors also digested reports that Strategy could potentially sell between $3 billion and $4 billion worth of Bitcoin to support its STRC preferred stock, which recently traded below its $100 par value. Further,…

Why Would Robert Kiyosaki Refuse to Invest the $10,000? During a July 18 episode of The Rich Dad Radio Show, Rich Dad Poor Dad author Robert Kiyosaki outlined a hypothetical financial reset at age 79. He said that if he lost everything, including his businesses, real estate, and gold, and was left with $10,000 to start over, he would not invest any of it. The famous author said: “I’m 79 years old. If I lost everything today, every business, every property, every ounce of gold, and someone handed me $10,000, I would not invest it. Not $1.” His refusal is…