Author: NBTC

CME Group appears to hold a stronger legal position in its ongoing lawsuit against the Commodity Futures Trading Commission (CFTC) over the approval of perpetual futures contracts in the United States, according to a new analysis from TD Cowen. Legal Analysis Highlights CME’s Advantages Jaret Seiberg, a managing director at TD Cowen’s Washington Research Group, outlined in a research note that CME Group has the advantage on both procedural and substantive legal grounds. The assessment, reported by The Block, points to the central question of whether perpetual futures—derivative contracts with no expiration date—can legally be classified as futures under existing…

Charles Schwab is working with Cboe Global Markets to introduce contracts that would allow customers to make yes or no predictions on the performance of the S&P 500, according to a Wall Street Journal report. The brokerage plans to make the products available in the coming months, marking its first move into the growing prediction market sector. The contracts will use a binary options structure. They will pay a fixed cash amount if the S&P 500 closes above or below a predetermined level and nothing if the condition is not met. The products differ from the futures contracts offered by…

Franklin Crypto, the newly established digital asset division of Franklin Templeton, has launched following the completion of the firm’s acquisition of 250 Digital, an active crypto investment management firm led by industry veterans Christopher Perkins and Seth Ginns. 250 Digital was established in January after being spun out of CoinFund. The acquisition was first announced in April. The deal brings in the full 250 Digital investment team and liquid crypto strategies previously managed by CoinFund, with Franklin Templeton also investing in those strategies as part of its digital asset expansion strategy. The firm said the transaction reflects its conviction in…

A meagre $11 worth of Shiba Inu ($SHIB) tokens was burned in the last 24 hours, according to the Shibburn website. This amount, though small in monetary worth, represents millions of $SHIB; this totals 2.34 million $SHIB in cryptocurrency terms. The Shibburn website indicates 2.34 million $SHIB burned in the last 24 hours, with the daily burn rate remaining in the red, down 5.98%. The burn rate was down across nearly all timeframes. The weekly burn rate is down 21.77% in the last seven days despite 35.30 million being burned in this timeframe. In the last 30 days, the burn…

The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins while leaving direct Bitcoin transfers between private wallets outside the scope of mandatory identification requirements. According to Regulation (EU) 2024/1624, which will take effect on July 10, 2027, crypto-asset service providers operating in the bloc will face stricter customer verification obligations and new restrictions on services that enhance transaction anonymity. The regulation arrives alongside a bloc-wide €10,000 (around $11,500) limit on commercial cash payments and introduces additional compliance requirements for several industries considered vulnerable to money laundering risks. Bitcoin transfers between private…

In a recent tweet, global messaging network Swift warned of a key deadline approaching for cross-border payments regarding the ISO 20022 standard. Swift stated that from November 2026, fully unstructured postal addresses will no longer be supported in CBPR+ messages—payments risk being rejected or delayed if not compliant. 📅 ISO 20022: A key deadline is approaching for cross-border payments.From November 2026, fully unstructured postal addresses will no longer be supported in CBPR+ messages – payments risk being rejected or delayed if not compliant. This change is a community‑driven standards… pic.twitter.com/eBcj2DJ9ut — Swift (@swiftcommunity) June 19, 2026 The global messaging network…

Bitcoin is stuck between strong support at $58,000 and a major liquidity target near $62,500. A short-term move higher could come first, but analysts still warn that $BTC may need a deeper correction before finding a real cycle bottom. Bitcoin Drawdown History Points to Deeper Bottom Risk Bitcoin may need a deeper correction before forming a durable cycle bottom, according to one analyst comparing past $BTC bear-market declines. $BTC/USD Monthly Chart. Source: @TedPillows on X The chart shows Bitcoin’s previous major cycle drawdowns, with $BTC falling 87.15% in 2015, 84.08% in 2018 and 78.07% in 2022. The current cycle correction…

Switzerland-based Web3 development platform Enso has launched a real-world asset (RWA) application offering access to more than 500 tokenized assets through integrations with xStocks, Ondo Finance and Anchorage Digital’s Porto. Through Enso’s execution layer, users can access tokenized stocks, ETFs, Treasurys, commodities and stablecoins. Ondo will provide tokenized equities, treasury products and capital markets infrastructure, while xStocks will enable access to tokenized equities and ETFs, according to a Monday announcement shared with Cointelegraph. Available assets include major US companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla and SpaceX. Enso said bringing these assets under a unified distribution and…

Rep. Bryan Steil, the Wisconsin Republican who chairs the House Administration Committee, introduced a bill Thursday that would bar members of Congress, their spouses, and their dependent children from betting on prediction markets tied to government policy, legislation, or political outcomes. Capitol Hill has taken a keen interest in Prediction markets like Kalshi and Polymarket. These platforms have practically exploded over the past year, letting users bet real money on everything from interest rate decisions to who gets indicted next. Rep. Bryan Steil argues that members of Congress should not participate in these prediction markets, as they can use insider…

A Gap That Has Nearly Closed Bitcoin is now less than $3,000 away from the level where Germany sold, sparking the moment with a blunt question, i.e. “Should Germany buy back?” The observation reopens scrutiny of a 2024 sale that critics spent the following year holding up as a cautionary tale. Between June 19 and July 12, 2024, the German government liquidated 49,858 bitcoin for roughly $2.89 billion, an average of about $57,900 per coin. The coins had been seized in connection with the operator of movie2k, once one of Germany’s largest piracy sites, and under German law seized assets…