Author: NBTC

Wall Street analysts are trying to rescue Elon Musk’s floundering IPO, SpaceX after the stock erased $1.1 trillion of market capitalization in five weeks. Almost every Wall Street analyst has a price target (PT) higher than the stock price, with reiterations and upgraded forecasts arriving by the day, and all 12 IPO underwriters whose analysts have published research on SPCX rated it a “buy” or equivalent. Bullish analyst ratings have showered Musk’s company with weeks of praise as the stock price has crashed. Yesterday, Macquarie reiterated its “outperform” rating with a PT 100% higher than SPCX’s closing price. Last week,…

Ripple USD ($RLUSD) stablecoin has seen $0 minted so far on June 4 despite $27.5 million tokens removed from circulation. $RLUSD activity continues in June after the month began with significant minting activity. $127.4 million was minted alone on June’s first day with $12 million burned. However, this figure dropped in the days that followed with $3.7 million and $16.8 million burned on June 2 and 3, respectively. There is a possibility that a minting transaction might occur as the day progresses, but a similar trend in May lessens this probability. On May 3 and 4, $0 $RLUSD was minted…

The Ondo Network is a new execution layer built by Ondo Finance, the real-world-asset tokenization company. It is designed to process trades at the speed of a centralized exchange while keeping settlement non-custodial and verifiable onchain. Ondo Finance calls it the evolution of Ondo Chain, the blockchain the company first announced in February 2025. The first version of the Ondo Network went live this week, and it already powers Ondo Perps, the company’s perpetual futures platform. Unlike a traditional blockchain, the Ondo Network does not rely on a distributed set of computers to validate every transaction. Instead, it separates three…

Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies, with double-digit dividends and an intended pull toward $100. The break jolted a market that has grown to roughly $10 billion in less than a year. It also gave investors their first look at how these Bitcoin-linked yield products behave when a quiet trade meets…

Ethereum’s [$ETH] 11th anniversary is here, and everyone wants to come to the party. Many are choosing to buy $ETH, and more $ETH is locked in staking too. Is this just a short-term buzz play, or the start of a big move up for the token? Ethereum takes the spotlight So far this week, BlackRock clients have recorded $60 million in net outflows from the company’s IBIT Bitcoin [BTC] ETF. Over the same period, they reportedly purchased more than $20 million worth of $ETH. The contrast between the two flows is hard to ignore. Source: Arkham Intelligence Whale activity is…

A joint proof-of-concept for a won-denominated stablecoin has been successfully completed by South Korea’s Credit Finance Association and nine major card companies, marking a significant step toward integrating digital currencies with the country’s established payment infrastructure. Stablecoin Test Confirms Technical Viability The test, finalized on July 22, involved Samsung, Shinhan, KB Kookmin, Hyundai, Lotte, Hana, Woori, BC, and NH NongHyup Card. According to a report from NewsPim, the proof-of-concept focused on verifying whether payment approvals, settlements, and transaction cancellations would function normally when a won stablecoin on a testnet was linked to the existing card payment network. A Credit Finance…

Crypto loves resurrection stories, and Wormhole is suddenly trying to audition for one. Its not up yet, but it could be in future. After spending most of 2026 looking like a token trapped in permanent hibernation, W token is getting fresh attention because Ripple’s $RLUSD stablecoin is now moving across multiple blockchains through Wormhole’s Native Token Transfers (NTT) standard announced just today. $RLUSD Isn’t Another Meme-Dollar The announcement matters because $RLUSD is being pitched as an institutional-grade product, not a retail yield gimmick. According to the disclosed details, the stablecoin is backed 1:1 to the US dollar, issued by Standard…

DTCC Reveals $1.2T Daily Treasury Clearing Progress as Ripple’s Market Presence Grows The U.S. Treasury market’s shift to mandatory central clearing is rapidly moving from preparation to implementation, with the latest update from the Depository Trust & Clearing Corporation (DTCC) highlighting significant industry progress. In a post on X, DTCC revealed that more than $1.2 trillion in U.S. Treasury cash transactions are already centrally cleared through the Fixed Income Clearing Corporation (FICC) each day. The organization also reported that 79% of surveyed FICC Government Securities Division (GSD) Netting Members have completed the required account setup, while nearly all remaining firms…

TL;DR Binance India said Bitcoin increasingly reflects broader macro market dynamics. A TradingView analyst linked the next major $BTC phase to Federal Reserve expectations and support confirmation. The article treats bold price targets as analyst commentary, not a Fed forecast. Bitcoin’s Macro Link Gets Harder To Ignore As Bitcoin has matured, its relationship with traditional assets has become more consistent.It increasingly reflects broader macro market dynamics. ₿ pic.twitter.com/OnD9x1jL8O TradingView chart referenced in this analysis — Binance India (@BinanceForIN) June 20, 2026 Bitcoin is still a crypto-native asset, but its trading behavior is looking increasingly tied to the same macro forces…

The Glamsterdam upgrade is planned for the second half of 2026. In an X post, $SSV Network said developers are working toward Q4, although Ethereum has not confirmed a mainnet date. The planned changes could reshape block production, prepare parallel processing and update network costs. Ethereum’s official roadmap uses the broader H2 2026 window. Final specifications, client readiness, security reviews and public-testnet results would determine when the upgrade reaches mainnet. Ethereum’s next upgrade has a practical constraint:Fit more work into a 12-second slot without pushing home operators out.It is called Glamsterdam.Gloas covers the consensus side while Amsterdam covers the execution…