Author: NBTC

Nevada gaming regulators are asking a court to fine Kalshi $120,000 per day, alleging that the prediction market operator continued to offer prohibited event contracts in the state after a court-ordered deadline. The request moves Nevada’s dispute with Kalshi from the broader question of who can regulate prediction markets to a narrower one: whether the company complied with an existing injunction while that larger case continues. In July, Kalshi agreed to use GeoComply and block trading from Nevada by Aug. 12, 2026. However, the regulator claims its investigators could still access the platform after the deadline. The court has not…

Addresses with balances between 10 and 10,000 $BTC added over 20,000 Bitcoin units while the price fluctuated between $63,000 and $65,000. Micro-holder wallets recorded the fastest liquidation rate registered since December 2024. Network activity reached a three-month peak with 712,000 active addresses in seven days and 61,800 transactions over $100,000. During the first week of August, large Bitcoin holders steadily increased their positions, absorbing available supply while the price hovered between $63,000 and $65,000. At the same time, retail investors reduced their holdings at the fastest pace observed in over a year. According to the report by Santiment, this divergence…

BitMine Chairman Tom Lee stated that a significant breakout is approaching in Ethereum’s ($ETH) technical outlook, reiterating his bullish outlook for $ETH. According to the technical analysis highlighted by Lee, the Ethereum price is only about 3.5% away from breaking above the upper boundary of the Ichimoku Cloud on the daily chart. If $ETH surpasses this level, it will mark the first breakout above the Ichimoku Cloud since October 9, 2025. Ethereum is trading at around $1,906, with the upper boundary of the cloud, which technical analysts are monitoring as a significant resistance zone, also near the current price. Breaking…

Compute Infra Providers See Shares Soar Keel Infrastructure Corp., formerly known as Bitfarms, led the group with a 29.13% gain, trading at $4.10 per share, up $0.92 on the day by 2 p.m EDT on Thursday. Nebius Group N.V. followed close behind, adding 28.52% to reach $190.50. Cipher Digital Inc. climbed 28.30%, and IREN Limited rose 27.36% to $37.33. The gains extended well beyond the top names. Whitefiber added 27.35%. SharonAI Holdings gained 26.86%. Bloom Energy rose 26.04%, and Sandisk Corporation added $244.33 per share, a 24.05% jump that pushed the stock above $1,260. Miners Post Broad Gains Riot Platforms…

Virtuals Protocol [$VIRTUAL] has announced customizable tokenized indexes on Robinhood Chain! This would allow users to combine multiple assets into a single token. Users can also create and manage their own asset basket while earning fees from its use. Here’s what you need to know. Virtuals Protocol brings tokenised indexes to Robinhood Chain Virtuals Protocol has introduced a new system on Robinhood Chain; one that lets users combine multiple assets into one tokenized index as a customizable basket! Through this, users can gain exposure to several tokens through just one! Source: X As per the new model, any participant can…

President Trump is reportedly set to meet with top crypto executives at the White House this week, arriving at a moment when the CLARITY Act remains stuck in the Senate and its odds of passing this year keep shrinking. Matt Hougan, Chief Investment Officer at Bitwise Asset Management, said no formal agenda has been released, but the attendee list offers strong clues. With names from both crypto exchanges and traditional exchanges like CME, ICE, and the DTCC expected in the room, Hougan believes tokenization will dominate the conversation. “We’re going from 9:30 to 4 to 24/7,” he said, describing the…

Bitcoin [$BTC] traded within a narrow $62,000 to $65,000 range over the past week. On-chain data pointed to a possible recovery setup. However, longer-term Spot Flows still showed that sellers retained influence. Is Bitcoin finding a bottom? Supply in Profit tracks the share of Bitcoin’s circulating supply held at a profit. At press time, roughly 11.44 million $BTC sat in profit. The metric remained within the lower market band between Bottom Discovery and Liquidity Accumulation. Previous periods in this range often preceded major recoveries. However, the metric alone could not confirm that Bitcoin had formed a cycle bottom. Source: CryptoQuant/Axel…

Ethereum is trading around the $1.9K level. $ETH has been forming a symmetrical triangle. The largest altcoin, Ethereum ($ETH), is trading within the $1,903 range, with its daily volume reaching $4.58 billion. Also, the 24-hour trading range is between $1,867 and $1,903. The market has experienced $24.09 million in $ETH liquidations over the past 24 hours. Moreover, the price has broken above and held the $1,750 low along with the nine-month downtrend for over a month. What is playing out since is a long and drawn-out bottoming process, the kind that shakes out the last believers before the real move…

Coinbase (COIN) shares fell roughly 5%in after-hours trading Thursday after the crypto platform reported second-quarter results reflecting another weak period for digital asset trading, as lower crypto prices weighed on one of the company’s largest revenue sources. The company had revenue of $1.22 billion, versus consensus expectations of $1.29 billion. Transaction revenue came in at $599 million, compared with expectations of $628 million. Subscription and services revenue totaled $555 million, versus estimates of $599 million, as investors looked for signs that recurring businesses continued to offset weakness in trading activity. The results came after a difficult quarter for crypto markets.…

The clock is now officially ticking on ORO’s “Clarity for Avalanche” campaign, with the team confirming that only a few days remain for users to finish the program and claim a share of its 500,000 ORE Points pool before the July 22 cutoff. For those who haven’t been following, ORO is an AI-powered execution layer that has spent the past few months trying to make DeFi feel less like a technical obstacle course and more like a day to day app, allowing users to simply type what they want in plain language with the platform handling the rest (be it…