Author: NBTC

Sui, the layer-1 blockchain network, is adding a confidential transfers feature designed to prevent unauthorized token minting while preserving transaction privacy. Co-founder and Chief Product Officer Adeniyi Abiodun announced the development on X, outlining how the protocol embeds supply conservation directly into its structure rather than relying on individual cryptographic proofs. How Sui’s Confidential Transfers Work According to Abiodun, the primary challenge for privacy-focused cryptocurrencies is not simply hiding transaction amounts but ensuring that no one can mint new tokens without authorization while keeping the total supply protected. Sui addresses this by narrowing its cryptographic verification to a single element:…

Strategy’s Expansive Bitcoin Holdings Draw Renewed Attention Following Release of New Chart On June 21, Strategy Executive Chairman Michael Saylor shared his signature orange-dot chart on X, a graphic that has frequently preceded announcements of new bitcoin purchases by the company. The post prompted speculation that another acquisition update may be forthcoming. “Looks better with more dots,” Saylor wrote. The chart showed Strategy holding 846,842 $BTC valued at about $54.32 billion. It listed an average purchase price of $75,658 per bitcoin and tracked acquisitions from 2020 to 2026. The chart recorded 112 purchase events, with orange markers indicating individual buys…

The U.S. gold reserves value sits above $1 trillion at current market prices — and yet, according to Treasury Secretary Scott Bessent, that stockpile has almost nothing to do with what makes the dollar worth anything. That tension, between the world’s largest gold hoard and a currency that no longer depends on it, sits at the center of a quietly escalating debate about the dollar’s future. Key takeaways Treasury Secretary Scott Bessent confirmed all U.S. gold is “present and accounted for” at Fort Knox, with reserves totaling about 147.3 million ounces, worth approximately $608 billion according to the U.S. Mint,…

A blockchain address linked to digital asset custodian Hex Trust has purchased 72.23 million Humanity (H) tokens, valued at approximately $42.02 million, within the past four hours, according to on-chain analyst ai_9684xtpa. The transaction represents 2.55% of the token’s circulating supply, drawing attention to the ongoing strategic moves by early investors in the Humanity project. Context of the large purchase The acquisition comes months after the Humanity Foundation revised its vesting schedule for early investors. In April, the foundation offered investors a choice: postpone their token unlock dates or reduce their allocation by 70% in exchange for a lump-sum payment…

Bitcoin [$BTC] may have found a bottom after liquidity outflows that began in October 2025 wiped $1.04 trillion from the market at presstime. The latest readings suggest the asset could be forming that bottom, with a rally possible off the structural base built over the past day. CVDD signals a value floor Cumulative Value Days Destroyed (CVDD) weighs destroyed coin days across $BTC‘s history against the current market value. The metric estimates Bitcoin’s fair-value floor by accounting for the behavior of long-term holders. At the time of writing, CryptoQuant data showed Bitcoin’s CVDD had dipped into an extremely low region,…

Citigroup has significantly reduced its price target for Coinbase Global Inc. (COIN), lowering it to $235 per share from $400, according to a note published Wednesday. The 41% cut reflects growing concerns over regulatory headwinds, declining trading volumes, and a challenging macroeconomic environment for cryptocurrency exchanges. Citigroup’s Revised Outlook on Coinbase The revised price target, while still implying upside from Coinbase’s current trading levels near $180, signals a more cautious stance from one of Wall Street’s major institutional brokers. Citigroup analysts cited several factors behind the downgrade, including heightened scrutiny from the U.S. Securities and Exchange Commission (SEC) and a…

Pi Network has completed its Protocol 24 upgrade, marking what the Pi Core Team described as one of the network’s most challenging migrations to date. The team congratulated node operators for helping complete the transition and confirmed that the next major upgrade, Protocol 25, is scheduled for June 18. While the upgrade represents an important technical milestone, Pi’s price continues to move in the opposite direction. Technical Breakdown Signals More Weakness According to one crypto analyst, Pi recently broke below the lower trendline of a symmetrical triangle pattern, a development that typically points to bearish continuation. The pattern had reflected…

European authorities added 14 crypto companies to the Markets in Crypto-Assets (MiCA) framework register in the second post-deadline update, signaling a slower licensing pace after an initial surge. The European Securities and Markets Authority (ESMA) updated its interim MiCA register on Thursday, bringing the total number of licensed crypto-asset service providers (CASPs) to 294. The new entries include Ripple Payments Europe, the European payments arm of blockchain company Ripple, as well as Portugal-based Bison Bank and Croatia’s state-owned bank, Hrvatska poštanska banka (HPB). The update follows ESMA’s previous register expansion on July 3, when the regulator added 37 CASPs in…

Strategy’s Michael Saylor recently took a trip down memory lane in a post on X to show how far his company has come since the 2022 crypto bear market. For background, the company owned approximately 130,000 Bitcoin [$BTC], which was worth approximately $2.6 billion in October 2022, when the price of the cryptocurrency was around $20,000. Meanwhile, on a split-adjusted basis, its stock, $MSTR, was trading close to $24. What happened when $BTC dropped from $20k to $16k? The market value of Strategy’s cash reserves and Bitcoin holdings briefly dropped below its debt obligations by roughly $300 million as Bitcoin…

Galaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus in West Texas. According to a Bloomberg report, the digital assets and AI infrastructure company intends to use the proceeds from its first junk bond offering to finance part of the Helios Data Center Campus in Dickens County, Texas, while also funding debt service reserves tied to the project. The planned issuance adds Galaxy to a growing list of infrastructure developers using the U.S. high-yield debt market to fund large artificial intelligence projects. Bloomberg data shows developers have…