Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Talk about crypto trading with any savvy trader, and the first thing that comes up these days is perpetual futures, or “perps” — derivatives contracts that allow traders to control a much larger position than the money held in the account. Perps work like standard futures, but with one key advantage: there is no expiry. While bitcoin and ether traders can dabble in spot, futures, options, perpetual futures and even structured products, for traders of other altcoins, perps are perhaps the only avenue for derivatives available to them. Dated futures (those with expiry) for altcoins are illiquid, and the spot…
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The original meeting date fell two days after the stated July 29 redemption deadline. DAAQ said in a July 31 filing that it would continue soliciting proxies but gave no reason for the delay. The postponement did not automatically reopen redemptions. DAAQ’s final prospectus says investors could withdraw a redemption request through the deadline and afterward only with the company’s consent before closing. The…
Something unexpected happened to crypto exchanges over the past 18 months: they quietly became some of the fastest-growing venues for trading gold, stocks, and commodities. According to a new joint report by CoinGecko and MEXC, the market for crypto exchanges’ traditional assets — spanning stocks, precious metals, commodities, and forex — expanded by 366.7% between January 2025 and June 2026, growing from $1.41 billion to $6.59 billion in actively-traded market capitalization. The numbers tell a story of a structural shift, not a temporary blip. Key takeaways Crypto TradFi market capitalization grew from $1.41B to $6.59B between January 2025 and June…
Bitcoin [$BTC] continued to struggle as restricted capital inflows kept it near half its October 2025 all-time high. Chart analysis from Alphractal’s Joao Wedson suggested Bitcoin could remain subdued until it cleared a key resistance structure. Source: TradingView/X Wedson mapped the structure from Bitcoin’s October 2025 peak. The chart tracked a descending path where Bitcoin tested the upper resistance boundary three times across more than ten months. However, $BTC failed to produce a decisive breakout rally. The formation usually turned bullish after a breakout gained sustained momentum. Bitcoin had yet to deliver such a move. A strong breakout could send…
Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
Friday, July 31, was the final trading day for six Bitwise option-income ETFs. Shareholders still holding shares as of Aug. 3 face automatic cash redemption rather than an exchange sale. The Bitwise Funds Trust board voted June 30 to liquidate ICOI, IMRA, IMST, IGME, ICRC, and IETH, according to an SEC prospectus supplement. The products use option-income strategies tied to Coinbase, Marathon Digital, Strategy, GameStop, Circle, and Ethereum. The funds were set to stop accepting creation and redemption orders after the July 31 close. Bitwise’s corrected timetable puts the final net asset value calculation on Aug. 7 and expects proceeds…
A Colorado-based wealth manager has disclosed a new investment in the Canary $XRP ETF. It is yet another institutional firm that has gained exposure to $XRP through recently launched exchange-traded funds. According to a Form 13F-HR filed with the U.S. Securities and Exchange Commission on July 17, Gallacher Capital Management LLC reported holding 86,744 shares of the Canary $XRP ETF ($961,126 as of June 30). Institutional $XRP ETF holdings keep growing Gallacher’s disclosure follows several other recent 13F filings showing fresh institutional exposure to $XRP-linked investment products. On July 16, registered financial advisor Vista Finance reported owning 129,958 shares of…
After two years of bitter bickering, Bitcoin has blown past the BIP-110 signaling line at block 961632, and reality is now doing the talking as $BTC blocks keep stacking. BIP-110 supporters appear stunned by the outcome, while the Bitcoin Knots creator Luke Dashjr has issued a notice to everyone. “PSA: If you haven’t upgraded to Bitcoin Knots 29.3.knots20260508 (or 29.4) yet, you are now vulnerable to double-spending attacks aided by [Foundry and Antpool],” Dashjr wrote on the social media platform X. In bold lettering, he also said, “Upgrade ASAP to avoid accepting counterfeit bitcoins.” Dathon Ohm, the anonymous architect behind…
Entering a Critical Week—Numerous Economic Developments and Altcoin Events Are Coming Up—Here’s the Day-by-Day, Hour-by-Hour Schedule
Bitcoin prices, which generally traded sideways throughout the past week, are poised to close the week 1.47% lower, driven by strengthening predictions that the Fed will raise interest rates, as well as developments such as a security vulnerability in the Coldcard hardware wallet that resulted in some users’ assets being stolen. On the other hand, numerous economic developments and altcoin events await cryptocurrency users in the new week. Here is the cryptocurrency calendar we have prepared for you at Bitcoinsistemi.com. (All times are given in UTC+3 Turkish time) Monday, August 3rd Upbit will delist AERGO and AQT. American Bitcoin will…
As blockchain adoption grows, one question keeps coming up. What role will $XRP play if banks, stablecoins and tokenized assets all move on-chain? According to Jazzi Cooper, Head of Product at RippleX, $XRP’s biggest opportunity is still the one Ripple has talked about for years, becoming the bridge asset that connects different digital currencies. Why $XRP Could Become More Important Cooper said the need for a bridge asset will increase as more stablecoins, central bank digital currencies (CBDCs), and tokenized assets are launched. Today, if every asset needed its own direct trading pair with every other asset, the number of…
Self-custody wallet provider Ready and Solana-based wallet Solflare have suspended their crypto card services following the bankruptcy of Kulipa, a stablecoin card issuance infrastructure platform. The development, first reported by The Defiant, has raised questions about the resilience of third-party card infrastructure in the crypto ecosystem. What Happened Kulipa, which provided card issuance infrastructure to roughly 20 crypto wallets and fintech companies, has collapsed under debt problems, according to the report. The company’s failure has forced several of its partners to pause card services, including Ready and Solflare. While the exact timeline of the bankruptcy remains unclear, the impact has…