Author: NBTC

The Hyperliquid Policy Center, in collaboration with Douro Labs, a core contributor to the Pyth Network, has submitted a joint comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the repeal of Rule 611. The groups are also urging the SEC to establish clear guidance tailored to onchain markets, arguing that the existing rule is ill-suited for the decentralized trading landscape. Why Rule 611 Is Under Fire Rule 611, part of Regulation NMS, was designed for traditional financial markets where exchanges aggregate quotes to determine the best available price. This framework, the groups argue, does not translate…

MARA’s performance reflects the slide in hashprice, the expected daily revenue generated by a unit of bitcoin mining power. In July last year, the hashprice was $63 for each petahash per second (PH/s) of power. It’s now around $31.80 per PH/s. Not surprisingly, an increasing number of miners are finding it unprofitable to continue production and are turning off their machines, a process known as capitulation. As a result, the Bitcoin network’s hashrate — a measure of mining power — has dropped to 900 exahash per second (EH/s) from 1.14 zettahash per second (ZH/s), or about 21%. This is already…

$BNB Chain has unveiled a significant update to its on-chain AI agent deployment platform, $BNB Agent Studio, with the integration of Altana Network’s Smart Agentic Wallet as a new wallet option. This version two upgrade, reported by Crypto Briefing, marks a strategic move to enhance the security and control of AI agents operating on the $BNB Smart Chain. Smart Agentic Wallet: A New Standard for AI Agent Security The core of this update is the integration of Altana Network’s Smart Agentic Wallet, which is engineered to allow users to retain full control of their private keys while securely delegating spending…

Bitcoin was trading higher on Friday — despite negative news circulating regarding the Clarity Act delay and a massive exploit of the popular Coldcard wallets. The biggest cryptocurrency was trading above $65,170 today, up nearly 4% over the past week, despite significant headwinds against the asset. JUST IN: $65,177 Bitcoin! pic.twitter.com/ZZzVloKXjM — Bitcoin Magazine (@BitcoinMagazine) August 7, 2026 Little over a week ago, hackers started stealing millions in Bitcoin from Coldcard wallets after discovering a vulnerability in the product’s software. Some estimates put the amount of Bitcoin lost now at over $130 million. The incident has rattled the BTC community…

Crypto trader DonAlt, known for his accurate 700% prediction of $XRP price movement, named a technical target of $10,000 for Ethereum. However, he ironically admitted that he plans to close his own position much earlier, once $ETH reaches $3,000. During a discussion on X, the analyst revealed details of his current trading setup, demonstrating a skeptical attitude toward long-term five-figure targets. According to DonAlt, he opened a long position in $ETH at around $1,900 on Aug. 13. The trader admitted that buying at resistance in a consolidating market goes against classical technical analysis. However, the decision was driven by a…

Renowned cryptocurrency analyst Benjamin Cowen assessed the latest inflation data from the US and its potential macroeconomic impact on Bitcoin (BTC). The latest data on the US economy, showing a 0.1% month-on-month decrease in the June PCE Price Index and a limited 0.1% year-on-year increase in core PCE, was positively received by the markets. The 1.5% annual growth in US GDP and the low weekly jobless claims figure of 197,000 demonstrated the economy’s resilience. Following the release of these figures, the Bitcoin price maintained a horizontal and resilient trajectory instead of experiencing a rapid decline. However, Benjamin Cowen, drawing attention…

Elon Musk’s relationship with Dogecoin has given the coin more price swings and more mainstream name recognition than almost any other cryptocurrency, while also tying its fate to the actions of a single billionaire. As of July 15, 2026, Dogecoin trades near $0.074, with a market cap around $12.5 billion, ranking it roughly 10th to 11th among all cryptocurrencies. That is a steep drop from its all-time high of $0.7376, hit on May 8, 2021, during the peak of Musk-driven hype. How Did Elon Musk Get Involved With Dogecoin? Musk first tweeted about Dogecoin in 2019, calling it his favorite…

All this while the CLARITY Act has typically been discussed in the context of the market structure and regulation. However, on the 16th of August, James Thorne, the Chief Market Strategist at Wellington-Altus Private Wealth, has come up with a different nuance about the bill. According to Thorne, the delay in the passage of the CLARITY Act has raised a bigger question about the U.S. position in the future global financial system. To explain things better, Thorne first criticized what he calls the “consensus” view and said, Its latest error is the conviction that Team Warren, the regulators, bank incumbents,…

Arthur Hayes is stepping back into an operating role with Flop Labs, a new crypto project focused on the FLOP token and building an AI-powered agentic economy. The BitMEX co-founder announced the project in a post on X on Tuesday, saying that FLOP would be “food” for AI agents and calling on users to help build a new currency for autonomous AI systems. Flop Labs plans to launch FLOP without a presale or venture-capital funding, instead using a 100% fair-launch approach. Hayes said the team plans a massive airdrop in the fourth quarter of 2026 and expects to launch the…

American Bitcoin mined approximately 932 $BTC and reported $67.015 million in revenue in the second quarter. But its six-month cash flows do not show that the broader reserve strategy was self-funding. The miner finished June with 8,002 $BTC, while first-half operations used $63.795 million in cash and digital-asset purchases used another $65.316 million. The cash-flow statement records $144.088 million of net proceeds from at-the-market share sales as the period’s principal financing inflow. American Bitcoin sold 7,755,671 Class A shares through the ATM during the first half, including 2,151,127 shares that produced $33.585 million of net proceeds in the second quarter.…