Author: NBTC

Bitcoin dropped close to $77,000 after briefly recovering toward the $81,000–$82,000 range, as investors reacted to growing pressure across global financial markets. BTC Price dropped as concerns rose over higher inflation, surging bond yields, uncertainty around U.S. interest rate cuts, and renewed geopolitical tensions in the Middle East. Top Reasons Why Bitcoin Price is Crashing? Rising Bond Yields Increase Market Pressure One of the biggest concerns for investors is the sharp rise in U.S. Treasury yields. Long-term government bond yields have climbed to multi-year highs, increasing borrowing costs across the economy. Higher yields usually reduce interest in risk assets like…

The Digital Asset Market Clarity Act (CLARITY Act), establishing a permanent statutory boundary between federal agencies in regulating digital assets, was formally placed on the U.S. Senate Legislative Calendar. However, its immediate passage faces strong resistance as the bill recently stumbled over crucial hurdles regarding ethics disputes and law enforcement concerns. Prediction market odds on Polymarket for the bill passing have plummeted to 47-48% (down from over 74%), with a few session days left before the August recess to debate the bill alongside competing national security priorities. Nevertheless, the Memorandum of Understanding (MOU) issued by the SEC and CFTC and…

The blockchain and crypto landscape is seeing another significant round of investment just in time, with several well known companies securing new capital from institutional funders and VCs. Despite the current uncertainty in the market, Phoenix Group reports that fundraising is on the rise, with investors showing increased confidence in blockchain infrastructure, DeFi, enterprise solutions and Web3 applications. MAJOR RECENT CRYPTO FUNDRAISING EVENTS#Equiniti #Mirantis #Reap #Fun #Ethos #OpenTrade #OnRe #Elastics pic.twitter.com/R0L4hPcptv — PHOENIX – Crypto News & Analytics (@pnxgrp) May 8, 2026 These new rounds look like the billion dollar investment that shows investors are bullish on long term blockchain…

Cardano stake pool operator Dave has commented on the growing tension within the ecosystem. In a tweet, he noted that sentiment across the network has recently shifted as users grapple with a difficult market and ongoing governance debates. According to Dave, the $ADA community remains active but is increasingly strained. Discussions often turn into arguments, and supporters feel attacked for backing the blockchain. Key Points Cardano SPO Dave says community tension is rising as market pressure and governance debates strain sentiment. $ADA is down 65% in a year and 92% from its peak, fueling frustration and more confrontational discussions. Treasury…

U.S. Senator Elizabeth Warren (D-Mass.) has escalated her scrutiny of the Commodity Futures Trading Commission (CFTC), sending a sharply worded letter to Chairman Michael Selig that accuses the agency of failing to adequately oversee prediction markets and cryptocurrency firms. The letter, released on Tuesday, alleges that the CFTC has become overly deferential to the companies it regulates and that its enforcement capabilities have significantly weakened since the Trump administration took office. Warren’s allegations: A pattern of regulatory capture In her letter, Warren points to data showing that the total value of major prediction markets like Kalshi and Polymarket has surged…

U.S. spot Bitcoin ETFs recorded more than $1 billion in cumulative net outflows over the past week as institutional investors reduced exposure to the asset. According to data from SoSoValue, the latest withdrawals mark a sharp reversal after several weeks of strong inflows that had previously helped support Bitcoin’s recovery above the $80,000 region earlier this month. Spot Ethereum ETFs also remained under pressure, extending their recent streak of daily net outflows with $255 million exiting the funds last week as institutional appetite across the broader crypto market weakened further. The latest outflows coincided with a broader market decline that…

UBS Group, the largest bank in Switzerland with $6.6 trillion in assets, has significantly increased its bet on the digital asset ecosystem. According to the latest disclosures, the banking titan has solidified its position as a major institutional holder of MicroStrategy (MSTR), often viewed as a corporate proxy for Bitcoin. A billion-dollar bet The Swiss giant recently disclosed the purchase of an additional 551,121 shares of MicroStrategy, a move valued at approximately $98 million. This latest acquisition brings UBS’s total holdings to 6.31 million shares, representing a massive $1.12 billion position in the Bitcoin treasury company. The bank’s accumulation of…

Centrifuge is bringing tokenized Treasurys, AAA-rated CLOs and private credit to the Monad blockchain, making for the first availability of institutional-grade assets on the network. According to an announcement shared with Cointelegraph, the integration includes tokenized products from Janus Henderson and Apollo Global Management, including JTRSY, JAAA and ACRDX, with investors holding onchain fund shares that represent direct claims on the underlying assets and support in-kind redemptions. Centrifuge is also introducing freely transferable versions of these assets (deJTRSY, deJAAA and deCRDX) designed for use across the Monad ecosystem in lending, collateral and secondary market activity. The assets are intended for…

A Missouri man has pleaded guilty in Hartford federal court to a robbery conspiracy tied to an attempted Bitcoin theft, a Lamborghini Urus carjacking, and the kidnapping of two people in Danbury, Connecticut. Saif Faiq, 22, of St. Louis, pleaded guilty on June 8 to conspiracy to interfere with commerce by robbery. Prosecutors said the case stemmed from an August 2024 plan to steal Bitcoin from a family connected to a separate theft involving hundreds of millions of dollars in BTC. The charge carries a statutory maximum of 20 years in prison, and Faiq is scheduled to be sentenced on…

Bitcoin miners are facing growing financial strain as falling prices and shrinking revenue push several key industry indicators into what analyst Axel Adler Jr. has described as a “stress zone.” But while the pressure is building, the data suggests that the market has not yet reached the collapse-level extremes seen in 2018 or 2022. What the Metrics Are Saying According to Adler, the Puell Multiple 30-day moving average, which compares the current daily revenue of $BTC miners to a 365-day average, fell 11% in ten days, moving from 0.83 at the end of May to 0.74 as of June 10.…