Author: NBTC

With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case with cryptocurrency exchange Gemini, the company has sent $10 million in Bitcoin (BTC) to a super political action committee (PAC) supporting President Donald Trump. According to the MAGA Inc. Super PAC’s July report to the Federal Election Commission (FEC) filed on Monday, the Gemini Trust Company run by co-founders Cameron and Tyler Winklevoss sent two separate contributions of more than $5 million in Bitcoin on June 19. The donation, which the PAC may use for independent expenditures to…

Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq. BancaStato, the cantonal bank serving Switzerland’s Italian-speaking Ticino region, joined Sygnum’s business-to-business (B2B) banking platform to offer crypto asset services, according to a Thursday announcement shared with Cointelegraph. The integration allows BancaStato customers to buy, sell and hold four crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Solana (SOL), through the bank’s existing web and mobile banking apps. BancaStato joins more than 25 financial institutions using Sygnum’s B2B platform to offer regulated digital asset services. How BancaStato’s crypto service works…

Bitcoin is once again facing pressure from institutional selling. After months of optimism surrounding spot Bitcoin ETFs, the market has shifted as large investment funds continue reducing exposure during a period of broader macro uncertainty. The latest round of ETF withdrawals has renewed discussions about where capital is moving while Bitcoin struggles to regain momentum. One project benefiting from that shift is MemeToro ($MT). Rather than depending on daily market swings, the AI-focused presale continues building its ecosystem while fundraising progresses. As some investors reduce exposure to established assets, others are looking at earlier-stage projects where development remains the primary…

Pendle Finance has made a bold declaration aiming for over 30% APY on PT-AUSD, capturing the attention of the DeFi community. This ambitious target was shared through a tweet that has since garnered significant engagement, including 84 likes and multiple replies. The announcement can be viewed on their official Twitter account here. The Latest The current context in the crypto market is characterized by mixed signals, with various assets displaying fluctuating momentum. Pendle’s announcement of a potential 30% APY is particularly notable against this backdrop, as it suggests a renewed focus on yield opportunities amidst uncertainty. The tweet has sparked…

Strategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some of its Bitcoin. The Strategy situation has “gotten out of hand,” Arca chief investment officer Jeff Dorman said in an X post on Thursday, referring to its roughly $15 billion in preferred stocks carrying around $1.5 billion in annual dividend obligations. Dorman warned that the structure may become increasingly difficult to manage if market conditions remain volatile, with Bitcoin ($BTC) trading about 16% lower year-to-date at roughly $73,737 at the time of writing. The remarks…

A new snapshot of Dogecoin wallet distribution shows that holding more than 1,000 $DOGE is enough to place an investor among the top 10% of Dogecoin wallet addresses by balance. The observation was highlighted by Dogecoin community member Namtoshi Dogemoto. He shared updated data on X on how $DOGE is distributed across wallet addresses. Most Wallets Hold Less Than 1,000 $DOGE According to distribution data dated June 9, 2026, more than 8.2 million Dogecoin addresses hold between 0.1 and 1 $DOGE. Another 1.51 million addresses hold between 1 and 10 $DOGE. Addresses with between 100 and 1,000 $DOGE account for…

The European Union has targeted 14 crypto service platforms and 94 banks and financial institutions under its 21st sanctions package against Russia. According to the Council of the European Union, the measures cover crypto providers based in Georgia, Panama, the United Arab Emirates, the Marshall Islands, Kyrgyzstan and Belarus. EU authorities linked the platforms to services used by Russia to bypass existing financial restrictions. Adopted on July 23, the package contains 218 individual listings, including 48 people and 170 entities. The Council described it as the EU’s largest group of new listings in four years, covering financial services, energy, military…

Cryptocurrency exchange Coinbase reportedly plans to expand its presence in Singapore and grow its headcount from 150 to about 200 staff members by the end of 2026. The cryptocurrency exchange is mainly looking to hire more engineers, customer service, relationship management staff and institutional sales representatives for its Singapore office, which opened at One Raffles Quay on Wednesday, Hassan Ahmed, Coinbase’s country director for Singapore, told the Business Times in an interview. Ahmed said that Singapore is increasingly becoming a strategic hub for cryptocurrency innovation. Coinbase received a major payment institution license from the Monetary Authority of Singapore (MAS), the…

According to data from the blockchain tracking platform Arkham, Bitcoins linked to Irish drug trafficker Clifton Collins, which were long thought to be “permanently lost,” have started moving again. According to the data, an address linked to the Irish police transferred 500 $BTC to Coinbase Prime. The current market value of this transfer is estimated to be approximately $30.76 million. Following the transfer, the address still holds 4,500 $BTC, with a total estimated value of approximately $277.16 million. Clifton Collins is known for his past beekeeping activities, but he was later arrested on drug trafficking charges. It is reported that…

ARK Invest has released its latest report, ‘The DeFi Quarterly: Q2 2026’, addressing several critical topics in the decentralized finance space. The report covers areas such as stablecoins, tokenization, and decentralized exchanges, providing insights into the evolving landscape of DeFi. You can find the full details in the original tweet by ARK Invest here. What Went Down The broader crypto market is currently exhibiting mixed signals, with various assets showing different momentum. In this context, ARK Invest’s report sheds light on significant aspects of the decentralized finance landscape. The report emphasizes stablecoins, real-world assets (RWAs), and the economics of networks…