Author: NBTC

Ripple has received preliminary approval of its CASP license. Cassie Craddock, UK CEO and Managing Director, UK and Europe, reacts to this big regulatory milestone. In an announcement today, Ripple disclosed that it has received preliminary approval for its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the EU’s Markets in Crypto Assets (MiCA) regulation. This follows Ripple’s receipt of its EMI license and Cryptoasset Registration from the UK’s Financial Conduct Authority in January 2026. We have preliminary approval of our CASP license 🎉 Once fully approved, European banks, FIs and fintechs…

Hyperliquid’s biggest advantage is starting to look like its cleanest legal risk: the no-KYC access model CZ says Binance cannot copy. In a Galaxy Brains episode published June 18, Galaxy’s Alex Thorn spoke with Binance founder Changpeng Zhao about the crypto cycle, perps moving onshore, prediction markets, and Hyperliquid’s no-KYC model. Thorn’s June 16 clip made the distinction clear: CZ praised Hyperliquid’s product, said Binance cannot compete with a niche built around no KYC and claimed decentralization, and said he would not run that model given his own experience. The discussion has also evolved beyond CZ simply saying Binance cannot…

Bitcoin’s latest pullback was not driven by a single headline. Instead, traders were hit by a cluster of pressure points at the same time: weakness in global technology stocks, another heavy day of spot Bitcoin ETF redemptions, a sharp leverage flush, and a large monthly options expiry that kept the market focused on downside strike levels. TL;DR Bitcoin fell toward the $58,000 area as risk appetite weakened across crypto and technology stocks. U.S. spot Bitcoin ETFs saw roughly $691.7 million to $696 million in net outflows on June 25, extending a six-day redemption streak. A large Deribit monthly options expiry,…

$AAVE extended its weekly gains after Aave founder Stani Kulechov dismissed claims that the decentralized finance protocol planned to sell tokens at a steep discount while also confirming that a new automated buyback mechanism is under development. The token traded at $83.88 at the time of writing, up nearly 16% over the past seven days. The latest comments from Kulechov came after reports suggested that cryptocurrency exchange Kraken was in talks to acquire a large stake in Aave at a significant discount. Those reports sparked debate within the crypto community over the potential impact on token holders and governance. But…

Ethereum Price Drops as Market Pressure Builds Ethereum is back under pressure as $ETH trades near $1,660, falling by more than 5% in the last 24 hours. The move comes during a wider crypto market selloff, with Bitcoin, Solana, XRP, BNB and Dogecoin also trading in the red. However, Ethereum now has an additional story weighing on sentiment: the Ethereum Foundation has reportedly cut around 20% of its workforce as part of a wider internal restructuring. For traders, this creates a difficult question. Is $ETH only falling because the entire market is weak, or is the Foundation’s shake-up adding extra…

A new survey from CoinShares has revealed a significant blind spot in the UK’s asset management industry: 52% of respondents in the United Kingdom believe their advisory firms are unaware of more than half of their clients’ cryptocurrency holdings. The finding underscores a growing disconnect between the rapid adoption of digital assets by individual investors and the preparedness of traditional financial institutions to track and advise on those assets. The survey, which polled 261 asset management professionals across five European countries — the United Kingdom, France, Germany, Italy, and Switzerland — found that the UK figure was more than double…

Asset manager Grayscale Investments has released a list of the top 15 on-chain applications ranked by protocol revenue. The list highlights projects such as $HYPE, $PUMP, $CAKE, $SKY, $JUP, $AAVE, $AERO, $WLFI, $LDO, $MET, $ETHFI, $LIT, $CARDS, $UNI, and $RAY. The report focuses on protocols that are generating meaningful revenue directly from user activity on-chain. Many Protocols Trading at Low Valuations According to Grayscale, several of the highest-earning crypto protocols are currently trading at relatively low valuation multiples. This is despite producing significant revenue. The firm noted that many of these projects are valued at single-digit trailing 12-month revenue multiples.…

A bill stuck on the Senate calendar in Washington would set rules far past the United States border. The reason is the same one that made European privacy law a global standard, and the dollar makes the reach wider still. The CLARITY Act is a United States market-structure bill, and most coverage treats it as a domestic fight over which agency regulates which token. That framing misses the larger consequence. If the bill clears the Senate floor and reaches President Trump’s desk, its effects will not stop at the American coastline. A company in Singapore, an exchange in the Cayman…

Yellow Card, a famous global stablecoin infrastructure and payments provider, has successfully secured regulatory AML affiliation in Switzerland as a supervised financial intermediary. This connection acts as a foundation for Swiss and other banking partners and institutional clients seeking to shift capital into high-growth emerging economies. Basically, the basic purpose is to provide a regulated and compliant stablecoin infrastructure. 🇨🇭We’ve secured regulatory AML affiliation in Switzerland and are opening permanently in Lugano.Institutional and corporate clients now have a regulated, supervised way to access our Stablecoin infrastructure across Switzerland, US, Africa & LATAM.More:https://t.co/rk4GGE9Ml9 pic.twitter.com/WJfcYAYnl2 — Yellow Card (@yellowcard_app) June 23, 2026…

Bitcoin’s [$BTC] Q2 recovery was cut short at around $83K. What followed was a 25% pullback to sub-$60K, effectively erasing this quarter’s entire recovery gains. Short sellers made a killing thanks to Fed rate hike fears, Strategy’s overhang, and geopolitical tensions. Now, the crypto asset has retested the 200-weekly MA (Moving Average, white), a key level that marked previous market cycle bottoms. While this could help kick off the next Bitcoin bull market cycle, analysts expect another sharp drawdown. Bitcoin market bottom: Close, but not there yet Renowned analyst Benjamin Cowen recently cautioned that there will likely be a scary…