Author: NBTC

Warsh-Led Fed Reprices Rate Expectations as Inflation Risks Move Higher Crypto markets entered a tighter liquidity environment after the Federal Reserve held rates steady while signaling a firmer stance on inflation. Wintermute, a crypto market maker and liquidity provider, said the shift created a more challenging backdrop for digital assets reliant on sustained capital inflows. Referring to the Fed’s policy shift and its implications for capital flows into digital assets, Wintermute wrote: “For an asset class that needs liquidity arriving through ETFs, stablecoins and DATs, a Fed leaning toward tightening is the opposite of what gets those funnels flowing.” Exchange-traded…

Republican lawmakers are making another push to move the CLARITY Act through the Senate as the legislative calendar tightens ahead of the August recess. Industry participants believe the next four weeks will decide whether the bill becomes law this summer or faces a long delay. The renewed push comes after political pressure increased following the debate around the Housing bill. At the same time, senators recognize there is little room left on the calendar. Once lawmakers return to Washington on July 13, they will have only 20 working days before leaving again for the August recess, leaving a narrow window…

X, the social media platform formerly known as Twitter, has begun rolling out its financial services feature, X Money, to a subset of Premium Plus subscribers. The announcement was made by Benji Taylor, head of design at X, through a promotional video showcasing the app’s core capabilities. What X Money Offers at Launch According to the video shared by Taylor, X Money currently supports three primary functions: rent payments, standard bank transfers, and peer-to-peer money transfers. The interface appears designed to streamline everyday financial transactions directly within the X ecosystem, positioning the feature as a convenience tool for its highest-tier…

In a recent tweet, ZKsync highlighted the critical need for institutions to own their on-chain infrastructure. This statement came from a discussion with @TziokasV on CNBC, emphasizing the strategic role of enterprise-ready platforms like Prividium. The conversation underscores a significant shift in how institutional players view blockchain technology and infrastructure. What Went Down The broader crypto market is currently displaying mixed signals, with varying momentum seen across major assets. ZKsync’s focus on the necessity for institutions to manage their own on-chain rails illustrates a growing awareness among enterprises about the importance of adopting robust infrastructure. This sentiment aligns with the…

Crypto analyst Ali Martinez said that signals indicating a long-term market reversal are emerging in major crypto assets, particularly Bitcoin. According to Martinez, the Tom DeMark (TD) Sequential indicator is giving a bullish signal for Bitcoin, Ethereum, XRP, and Solana on the monthly charts. The analyst noted that trend exhaustion signals, especially those seen in higher timeframes like monthly charts, are significant. Martinez stated that in the past, multiple major crypto assets simultaneously generating monthly bullish signals indicated seller fatigue and long-term market lows. Another data point highlighted by Martinez concerned the profit and loss status of Bitcoin’s supply. According…

Ethereum co-founder Vitalik Buterin has transferred 79 ETH, valued at approximately $137,000, to the privacy-focused protocol Railgun. The transaction was first flagged by on-chain analytics firm Onchain Lens, which noted that the funds were moved using Railgun’s privacy-preserving features. Details of the Transaction According to publicly available blockchain data, the transfer occurred from a wallet widely associated with Buterin. The use of Railgun, a protocol designed to obfuscate transaction details on the Ethereum network, adds a layer of privacy to the movement of these funds. Railgun employs zero-knowledge proofs to allow users to transact without revealing the sender, receiver, or…

Elon Musk’s SpaceX has on Tuesday marked the rocket and satellite company’s inaugural bond sale, after it raised at least $25 billion in a senior unsecured notes offering less than two weeks after going public in a record IPO. As previously reported by Cryptopolitan last week, the debt sale was said to be in preparation and core to providing relief for SpaceX’s capital-intensive AI demands. Capital raise result of AI demands The offering will span maturities of 5, 7, 10, 20, and 30 years, according to a document reviewed by Reuters. SpaceX plans to direct the proceeds toward repayments of…

Hyperliquid, a decentralized exchange platform, has publicly addressed its recent inclusion on the Monetary Authority of Singapore’s (MAS) Investor Alert List (IAL), clarifying that the listing does not constitute a regulatory sanction or enforcement action. The company emphasized that the IAL serves primarily as a public notice mechanism to warn consumers about entities that may be mistakenly perceived as being licensed or regulated by the MAS. Understanding the Investor Alert List The MAS Investor Alert List is a publicly available database designed to help consumers identify entities that are not authorized to operate in Singapore. Inclusion on the list does…

Oxium, a decentralized exchange (DEX) operating on the Sei (SEI) network, has announced it will cease operations, citing insurmountable financial difficulties. The platform shared the decision via its official X account, stating that worsening market conditions have reduced revenue to a point where continued operations are no longer financially viable. Closure Details and Timeline According to the announcement, the platform’s interface is scheduled to shut down on August 1. Oxium has assured users that all deposited assets remain safe and are available for withdrawal at any time before the deadline. The team emphasized that no user funds have been compromised…

Base has officially launched Open USD, a new stablecoin designed to enhance its tokenization offerings. This announcement, shared on Twitter, marks a significant development within the Base ecosystem, particularly with the integration of the B20 token standard which supports efficient transactions. The official announcement can be viewed on their Twitter page at this link. What Went Down The broader crypto market is exhibiting mixed signals, but the launch of Open USD on Base is gaining considerable attention. This stablecoin leverages the B20 token standard, which is crafted to provide ERC-20 level compatibility while ensuring faster execution and reduced gas costs.…