Author: NBTC

SEC COO Appointment Keeps Agency Operations In Focus as Crypto Oversight Expands is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Personnel moves are not the exciting side of crypto regulation, but they help explain how the agency actually executes its priorities. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually…

South Korean cryptocurrency traders woke up to a significant disruption on Thursday as the Bybit mobile application became unsearchable and unavailable for download on the Google Play Store within the country. The removal follows a formal notice issued by Google on January 28, 2026, warning that it could restrict access to apps from overseas cryptocurrency exchanges that have not registered as Virtual Asset Service Providers (VASPs) with the Financial Intelligence Unit (FIU), a specialized agency operating under South Korea’s Financial Services Commission. Regulatory Background and Google’s Enforcement The action is a direct consequence of South Korea’s stringent regulatory framework for…

Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said. The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin ($BTC) in profit or loss relative to total supply — hasn’t fallen this low since December 2022, shortly after FTX shockingly collapsed and sent Bitcoin below $16,000. “Historically the indicator has marked $BTC bottoms with extreme precision,” CryptoQuant said on Thursday. In 2015 and 2019 the Bitcoin realized P&L ratio also fell below…

The story most commonly told about stablecoins runs in one direction, i.e., they solve cross-border payment friction, settling in seconds, whereas correspondent banking takes days. Furthermore, they reduce transaction costs in corridors where traditional infrastructure is expensive, all while providing access to dollar-denominated financial instruments for populations outside the US. The volumes support this framing, given stablecoin transfer volumes reached $33 trillion by Q4 2025. But there seems to be a parallel story quietly accumulating evidence behind the scenes, which is what happens when a compliant, regulated stablecoin pegged to a local currency enters a domestic economy on its own…

According to the Ripple stablecoin tracker website, $55.9 million in $RLUSD was burned in the last seven days amid quiet minting and burn activity in June. June started with significant $RLUSD activity, with $127.4 million minted and $12 million burned on the first day of the month. However, activity declined as June progressed, with less $RLUSD minted than burned. In the last seven days, $55.9 million in $RLUSD was burned according to the Ripple stablecoin tracker website, while $8.8 million was minted. There was less activity compared to what was seen in May, despite numerous announcements regarding $RLUSD in June.…

JPMorgan’s recent post on regulatory clarity has been viewed positively by the crypto industry. BitGo CEO Mike Belshe said the bank’s support for regulatory clarity could improve the CLARITY Act’s chances of passing the Senate. However, crypto journalist Eleanor Terrett clarified that JPMorgan is not endorsing the CLARITY Act itself. BitGo CEO Says JPMorgan’s Comments Could Boost CLARITY Act BitGo CEO Mike Belshe believes JPMorgan’s recent comments on digital assets could improve the chances of the Digital Asset Market Clarity (CLARITY) Act becoming law. In a post on X, Belshe argued that the world’s largest bank has indirectly supported the…

Cryptocurrency exchange Backpack has introduced a 24-hour, real-time U.S. stock trading service, allowing global investors to buy and hold actual shares of major companies rather than synthetic derivatives. The platform, which launched this week, initially supports trading in SpaceX (SPCX), Micron (MU), and SanDisk (SNDK), with plans to expand the roster in the coming months. How the service works Backpack’s new offering leverages liquidity from traditional stock exchanges to provide instant settlement and continuous price discovery, even outside standard market hours. Users can deposit funds using both fiat currencies and stablecoins, bridging the gap between traditional finance and the crypto…

Bitcoin ($BTC) rallied, $50 short of $63,000, on July 3, and Ether ($ETH) outperformed the wider market, pushing to $1,775. The end-of-week rally comes a few days after $BTC fell to a 21-month low and $ETH sank to fresh year-to-date lows. Highlighting the negative sentiment, the Crypto Fear & Greed index registered “Extreme Fear” at 11 out of 100. Crypto Fear & Greed Index. Source: Alternative.me That gap between the “Extreme Fear” reading and Friday’s bullish market activity is worth noting. On July 2, US spot Bitcoin exchange-traded funds (ETFs) took in a net $221.7 million, their largest single-day inflow…

A recent report published by the European Central Bank today has stated that central banks globally now hold more gold than US government bonds and treasuries in their reserves for the very first time. Geopolitical tensions, concerns over a risk of sanctions, and a growing desire among some countries to lessen their exposure to dollar-denominated assets have been key factors driving this shift in central bank reserve allocations . The golden switch The ECB’s had assessed the international role of the euro over the past year and found that gold accounted for 27% of global central bank reserves as at…

Pyth Network is drawing renewed attention after a recent thread from market commentator Whale Factor outlined the project’s push into institutional financial data. The discussion comes as $PYTH trades near $0.039 after rebounding from its June low, while investors assess whether growing adoption can offset supply concerns. The project has traditionally operated as a blockchain oracle network, providing price data to decentralized applications. More recently, Pyth has expanded into institutional market data services, a move that places it in competition with established financial information providers. Pyth expands beyond crypto data services Pyth’s core business centers on supplying real-time market data…