Author: NBTC

Digital Asset, the creator of the Canton Network, and former US House Speaker Paul Ryan’s American Idea Foundation plan to pilot a blockchain-based system for distributing state-administered benefits across three US states using Canton, as reported by Cointelegraph. Inside the RISE program The RISE program is expected to launch in the first quarter of 2027 and would combine multiple benefits into monthly or twice-monthly payments, with spending rules applied to categories including food, child care, and cash. The monthly or twice-monthly structure is designed to consolidate what are often separate, siloed benefit payments into a single stream governed by program-specific…

Alongside the US stock market, bitcoin’s price is on the move on Tuesday, jumping to $64,000 for the third time in the past day or so. The question now is whether it will have more success this time. The S&P 500 just hit a new all-time high as US President Donald Trump continues to claim that his country will reach a deal with Iran, after giving the latter until tomorrow to fold. Markets are currently riding high on the hopes of a more sustainable deal and a major de-escalation. Crypto analysts speculate that the rising US stock indices could propel…

Ethereum has delivered one of its biggest daily rallies since 2018, with the cryptocurrency surging 17.9% in a single day. The move has put traders at a familiar crossroads: enter while momentum is strong or wait for the market to cool down. Real Vision crypto market analyst Jamie Coutts said the move ranks as Ethereum’s eighth-largest daily gain since 2018. But historical patterns offer little certainty over the immediate direction. According to Coutts, the odds of $ETH continuing in the same direction in the short term are close to a coin toss, while the probability of gains improves over the…

Shiba Inu is back in demand as the overall crypto market begins to see momentum build again as bulls appear to be taking over the market. After a few days of increased selling pressure, the latest onchain data from crypto analytics platform CryptoQuant shows that Shiba Inu buyers are back on the scene. Shiba Inu supply shrinks With holders now showing renewed interest in the leading meme token, the data showed that over 124 billion $SHIB has been moved out of exchanges including Binance in the last 24 hours. This shows that $SHIB holders are barely taking caution and are…

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.…