Author: NBTC

Galaxy Digital has launched a swap dealer arm to give institutional clients bilateral access to event-driven contracts, a structure that bypasses public prediction exchanges entirely. The headline transaction is a $10 million OTC event swap between Galaxy and crypto hedge fund Arca, tied to the passage of a major U.S. crypto bill. That single trade is nearly five times larger than the comparable contract listed on Kalshi. Crypto finance conglomerate Galaxy Digital has launched a trading desk to offer large investors better access to prediction markets https://t.co/jEltvdimjT — Bloomberg (@business) June 2, 2026 Why Institutional Volume is Moving Off-Exchange Kalshi’s…

The Hashgraph Group and Merck have integrated the German tech maker’s product authentication technology with TrackTrace, a Hedera-based digital product passport platform introduced in February, as businesses seek to comply with new European Union supply-chain transparency and traceability requirements. Under the arrangement, Merck’s M-Trust technology embeds security markers into products and packaging that can be verified with a handheld scanner. Authentication data is then recorded on The Hashgraph Group’s TrackTrace platform, creating a digital record linked to a product’s Digital Product Passport. The companies said the integration combines physical product authentication with blockchain-based traceability, allowing businesses to verify both the…

The cryptocurrency market is beginning to feel pressure, as expectations for Federal Reserve policy are rapidly changing. The likelihood that rate cuts will continue until 2027 is currently practically zero percent, according to FedWatch probabilities. More significantly, traders are factoring in a 55% chance of another rate increase by January. Compared to previous predictions that the Fed would start easing much sooner, this is a significant change. The Bitcoin macro change When liquidity increases, borrowing becomes more affordable, and investors shift their money into riskier assets, cryptocurrency markets function at their best. Usually, rate reductions contribute to those circumstances. The…

Ethereum remains under heavy pressure after breaking key support levels and completing a bearish chart pattern. Analysts now warn that the recent drop toward $1,550 could be only the first stage of a broader decline, with $1,400 and even $1,070 emerging as the next major levels to watch. Ethereum Bear Flag Breakdown Puts $1,550 and $1,400 Support Levels in Focus Ethereum ($ETH) remains under pressure after breaking down from a bear flag pattern and failing to reclaim a key descending trendline, according to analysts at More Crypto Online. The latest price action strengthens the bearish outlook and suggests the broader…

Cerebras Systems, the AI chipmaker that has spent years positioning itself as the anti-Nvidia, is finding out just how hungry Wall Street is for that pitch. The company has raised its IPO price range due to overwhelming investor demand, with the offering reportedly oversubscribed by more than 20 times. Orders have exceeded $10 billion for the deal, which originally targeted a price range of $115 to $125 per share. That range was bumped to $125 to $135 as of May 8, with strong indications that pricing could climb even higher before shares begin trading on Nasdaq under the ticker CBRS.…

Virtu Financial Inc said its Irish subsidiary has received regulatory approval under the European Union’s Markets in Crypto-Assets framework, allowing it to operate crypto-asset services across all 27 EU member states. The authorization was granted to Virtu Financial Ireland Limited. It enables the firm to provide regulated digital asset services, including trading and liquidity provision, under a single EU-wide framework. The approval covers institutional and professional clients across the bloc. The MiCA framework sets out unified rules for crypto-asset service providers in the European Union. It is designed to provide legal clarity and “regulatory consistency” across the region’s digital asset…

OneKey, a renowned crypto wallet provider, has declared its groundbreaking partnership with MOVA, an EVM-compatible public blockchain for institution-grade use. The basic aim of this partnership is to provide enough security to institutions to securely manage their digital assets. OneKey is officially partnering with @MovaChain.Mova is an EVM-compatible public chain built around modular design, providing infrastructure for institution-grade, post-quantum-ready on-chain payments and settlement.Through this partnership, OneKey will support the Mova… pic.twitter.com/ffFsYbUQvY — OneKey (@OneKeyHQ) June 9, 2026 OneKey is widely known and stands among the trusted crypto wallets for storing and managing users’ digital assets. MOVA supports applications and smart…

BlackRock’s iShares Bitcoin Trust (IBIT) has accumulated Bitcoin ($BTC) worth more than $537 million in May. At the beginning of May, BlackRock’s IBIT held about 810,000 $BTC, according to on-chain data from Arkham Intelligence, analyzed by Finbold on May 19. By the end of the first week of May, IBIT’s Bitcoin holdings surged to roughly 823,000 coins, an increase of 13,000 BTCs. IBIT Bitcoin holdings for 1 month. Source: Arkham Intelligence Over the subsequent day through Tuesday, BlackRock’s IBIT has trimmed its $BTC holdings by 6,000 coins to around 817,000 units at the time of reporting. On Monday, IBIT deposited…

Ethereum price plunged towards the $1,500 level after a wave of long liquidations, persistent ETF outflows, and worsening macroeconomic conditions triggered one of the sharpest crypto selloffs of 2026. According to data from crypto.news, Ethereum ($ETH) price fell over 10% to an intraday low of around $1,505 on June 6 before stabilizing near $1,540 at press time. The decline extended losses to roughly 23% over the past week and pushed $ETH to its lowest level since early 2023 as investors fled risk assets across both crypto and traditional markets. Selling accelerated after Bitcoin briefly slipped below the key $60,000 support…

Iran has fired back at a US peace proposal with a counterproposal of its own, and the demands are steep: a permanent ceasefire, full sanctions relief, withdrawal of US troops, and security guarantees. The proposal, mediated by Pakistan and delivered in early May, also insists on Iranian control over the Strait of Hormuz and a continuation of negotiations through written exchanges rather than direct talks. What Iran is actually asking for Tehran’s counterproposal came in response to a reported US 15-point peace plan, itself a product of the escalating conflict that followed US-Israel strikes on Iranian nuclear sites. Iran is…