Author: NBTC

Institutional demand for Bitcoin is showing fresh signs of weakening, removing one of the market’s strongest sources of structural spot buying. The U.S. Spot Bitcoin and Ethereum ETFs are experiencing their seventh consecutive day of Net Outflows, with $445 million coming out of Bitcoin and $12.85 million coming out of Ethereum yesterday. Source: SoSoValue As redemptions persisted, monthly Bitcoin ETF flows turned negative by roughly $4.06 billion, reducing total ETF assets to $72.82 billion. This trend matters because sustained outflows reduce institutional buying that previously absorbed market supply during corrections. Unless whales or long-term investors replace that demand, Bitcoin could…

Arthur Hayes, the founder of the cryptocurrency exchange BitMEX and a leading figure in the industry, made striking predictions that will profoundly shake global markets during his appearance on the Bankless podcast. Hayes argued that the Artificial Intelligence (AI) craze sweeping the technology world has turned into a massive financial bubble, and that after this bubble bursts, the only escape route for global capital will be cryptocurrencies. Arthur Hayes noted that global capital is currently flocking to the artificial intelligence sector, which it views as “the fastest-running horse.” However, arguing that this is leading to a very serious misallocation of…

Institutional moves in a volatile market are rarely a coincidence. On the macro side, things are still looking risk-off. Over $100 billion has flowed out of crypto this week, dragging total market cap down to $1.99 trillion, levels not seen since September 2024. Clearly, the market is in a weak phase, where technical downside could start lining up with softer on-chain signals. But is Solana starting to diverge from the broader trend? From a technical view, $SOL’s 5.7% weekly pullback shows it’s still tracking the wider market weakness, and a move toward $60 isn’t off the table if pressure continues.…

Pump.fun’s new GO bounty feature is facing fresh criticism after reports said users completed or posted tasks involving tattoos, public humiliation and high-risk stunts for crypto rewards. The Solana meme coin launchpad introduced GO in early June as a marketplace where users can create paid tasks and lock rewards in escrow. According to the New York Post, the feature has paid out more than $370,000 since June 4. The report said about 270 open bounties still offered more than $200,000 in rewards, with some tasks ranging from charity actions to stunts that critics called unsafe or degrading. 🚨BREAKING: PUMP. FUN…

Cryptocurrency analysts have noted that the 200-week simple moving average stands out as a significant bottoming indicator for Bitcoin in long-term market cycles. Analyst Ali Martinez, evaluating Bitcoin’s price trend over the past 10 years, stated that periods when the price historically touched or fell below this average generally presented long-term accumulation opportunities. According to Martinez, Bitcoin has recorded strong gains in past cycles after touching the 200-week moving average. Historical data shows that after testing this level in 2015, 2018, 2020, and 2022, Bitcoin gained 8,500%, 267%, 1,125%, and 680% respectively. Related News Bitcoin Firm Strategy’s mNAV Indicator Drops…

What she’s saying: Former 21Shares co-founder Ophelia Snyder argues that crypto and traditional finance are talking past each other when it comes to tokenization. Tokenization solves real problems around settlement rails and moving assets, Snyder said. The larger challenge is integrating blockchain-based assets with the systems banks, brokerages and asset managers already use. Existing discussions often overlook the operational processes that occur after a trade is executed and before assets are fully settled. Snyder joined CoinDesk’s Jennifer Sanasie on Public Keys. The gap: Snyder said blockchain firms have largely addressed transaction throughput but not the broader operational requirements of financial…

A conditional national trust bank charter, a pending Federal Reserve master account, and a string of acquisitions in brokerage, payments, and treasury. Ripple is assembling a full regulated-finance stack. The benefits flow first to its stablecoin and the company itself. What is left for $XRP is the question. Ripple is turning itself into a bank, or something very close to one, and it is doing it methodically. Over the past year the company won conditional federal approval to operate a national trust bank, applied for a Federal Reserve master account that would give it direct access to the central bank’s…

The Philippine Securities and Exchange Commission (SEC) has shown its interest in the Real World Assets (RWA) market. It signaled that regulators already have the legal foundation needed to support RWA tokenization. This move could create new investment opportunities while helping overseas Filipino workers (OFWs). SEC Sees Tokenization as Opportunity Speaking at Philippine Blockchain Week 2026, SEC Commissioner Rogelio Quevedo said regulators are now confident that existing laws can accommodate tokenized assets. “We are now fully convinced that we have the proper law, the proper regulatory mind and background to support tokenization.” His response is crucial because many countries are…

On-chain tracker Lookonchain said three wallets made $24.25 million in profits from World Cup betting on Polymarket, raising fresh questions about large traders in crypto prediction markets. The tracker described the activity as tied to a “suspected insider,” but the claim remains based on wallet links and public trading data. Polymarket and Binance had not publicly confirmed the finding at the time of review. Lookonchain points to three winning Polymarket wallets According to Lookonchain, the wallets named mintblade, GRIMDRIP and endlessFate together made more than $24 million from World Cup markets. Mintblade reportedly made $9.24 million after winning five out…

Galaxy Digital founder and CEO Mike Novogratz has identified the main cause behind the sudden collapse in digital asset prices. During his latest appearance on an episode of the All Things Markets podcast with co-host Anthony Scaramucci, Novogratz attributed the slump to an unfortunate combination of corporate vulnerability, changing macroeconomic policies, and a broader “crisis of confidence.” A MicroStrategy-led crisis of confidence Of course, the deteriorating sentiment surrounding Strategy is currently the main factor. “Listen, this is a MicroStrategy-led breakdown in confidence around that complex, which is creating a crisis of confidence in Bitcoin,” Novogratz stated plainly. He explained that…