Author: NBTC

Russia’s law criminalizing illegal cryptocurrency exchange will not be finalized before parliamentary elections, with second and third readings pushed to the new State Duma’s autumn session. The head of the Duma’s Financial Markets Committee confirmed this week that the bill, which carries sentences of up to seven years for illegal crypto exchange, has been shelved until after elections conclude on 20th September. Background: What the Law Would Do The bill passed its first reading in early July and targets what Russian authorities define as the illegal organization of cryptocurrency circulation. In practical terms, that means any crypto exchange conducted outside…

Europe’s Bitcoin treasury trade is moving from accumulation headlines into financing design. Capital B now has shareholder authority for a huge capital and credit toolkit, while $BTC AB is testing investor demand for a preference-share structure before its June 30 subscription deadline. The shared promise is higher Bitcoin per fully diluted share. The shareholder risk is that dilution, credit capacity, preference dividends, and redemption terms become the story before any added Bitcoin improves the per-share claim. For Bitcoin treasury companies, the financing structure now matters as much as the size of the Bitcoin stack. That test sharpened this week after…

Liquidity providers (LPs) are now concerned over Uniswap’s fee switch across the Robinhood Chain and the DEX’s other V4 versions across other networks. The latest fee switch was activated on Monday, the 27th of July. Experts now claim that those who provide liquidity in V2 and V3 will see up to a 25% haircut. For those in V4, the shared profits can be cut by up to 33%, mainly for Uniswap [$UNI] buyback and burn. According to some LPs like Guil Lambert, the new fees ‘structurally can’t work,’ pressing his colleagues to explore better yield opportunities. The fee switch is…

The crypto market capitalization fell by nearly $27 billion on July 23, amid a notable sell-off in the Nasdaq 100 index and broader technology stocks. On Thursday, the crypto market cap declined by $26,909,225,074, down from $2,327,831,630,015 at the beginning of the day to about $2,300,922,404,941 at the time of reporting, according to data from CoinGecko. Consequently, the total crypto valuation registered a 1.16% drop. Total crypto market cap. Source: CoinGecko As the crypto market cap retreated today, the Nasdaq 100 index shed over 2.5%. The sell-off in the crypto market and technology stocks was influenced by the escalating Iran…

Institutional Buyers Stay on the Sidelines as Negative Coinbase Premium Deepens Concern Bitcoin continues to show signs of weak institutional participation, with one key market indicator now flashing a warning that has persisted for a record length of time. The Coinbase Premium Index, which measures the price difference between bitcoin on Coinbase Advanced and Binance, has remained predominantly negative in recent weeks. More notably, on-chain analyst Alex Bayarchyk explained on June 21 that the metric has recorded 44 consecutive days in negative territory, marking its longest streak on record. The analyst wrote on X: “The Coinbase Bitcoin Premium has been…

Tassat, the fintech firm behind Signature Bank’s former Signet blockchain payments network, is building a stablecoin reserve management platform aimed at helping regional and midsize U.S. banks compete for stablecoin reserves as the sector is projected to grow into a multi-trillion-dollar market. The company unveiled Project NENYA — otherwise referred to as its Smart Reserve Management & Execution Engine — on Thursday alongside a white paper outlining the initiative. Tassat said it expects the platform to launch in early 2027 after pilot programs begin in the first half of the year. The project targets smaller banks that often lack the…

Mert Mumtaz, a leading developer in the Solana ecosystem, made noteworthy statements regarding privacy-focused cryptocurrency projects amid discussions surrounding a security vulnerability in Zcash that could lead to the production of counterfeit ZEC. Mumtaz stated that not only Zcash, but all privacy protocols, including Monero, face similar risks. Following a user’s comment highlighting risks in Zcash’s current privacy pool, Mumtaz stated that significant security updates are included in Zcash’s development roadmap. According to Mumtaz, Zcash’s current architecture will soon become resilient against quantum attacks, and the officially validated Tachyon pool, scheduled for deployment later this year, will significantly mitigate these…

Everyone is watching a bill that may not pass. Meanwhile, the agency that spent seven years suing this industry has quietly scheduled a rule that would let startups sell tokens without registering them, and it does not need a single vote in Congress. The entire crypto policy conversation for the past month has been about a bill. Whether the Senate schedules CLARITY, whether seven Democrats can be found, whether the ethics provision survives, whether three working weeks is enough. It is a good story and it may end badly. It has also completely obscured the fact that while Congress argues,…

This optionality became the standard network policy recently. The network by default began treating every transaction as replaceable at a higher fee regardless of whether the user opted in for a replacement. Because the entire network now handles transaction replacements automatically, the explicit “replace later” signaling in Bitcoin wallets has become redundant — a vestigial piece of code that leaves unnecessary digital fingerprints of the wallet involved in the transaction. So, developers are proposing a code change to remove this signaling mechanism from the wallet software. “There is an intention in the bitcoin core wallet to remove the BIP 125…

The Federal Reserve’s policy meeting on July 28-29 could be one of the most unpredictable interest rate decisions in recent years. According to Wall Street Journal reporter Nick Timiraos, who is referred to as the “Fed’s spokesperson,” the recovery in oil prices, the renewed risk regarding US tariffs, and some Fed officials giving more open signals about interest rate hikes are weakening the market consensus that interest rates will remain unchanged. According to CME Group data, market expectations for a rate hike at the July meeting have risen to about one-third, from approximately 10 percent at the end of last…