Author: NBTC

Polymarket says its yearly revenue pace has climbed past $1 billion, a figure revealed as trading activity accelerates across prediction markets. The update arrived just over a month after the company opened access to its regulated U.S. marketplace by removing a waiting list that had been in place since launch. Recently, the FIFA World Cup currently happening has increased interest around prediction markets, as thousands of contracts connected to sports outcomes pulled in an insane wave of activity. World Cup traders push Polymarket volumes sharply higher Numbers tracked by Dune Analytics show a dramatic jump in activity on the U.S.…

An unsettling question is being raised by the recent behavior of the Bitcoin market: are rallies turning into short-term traps before the next leg down? Liquidity may hold the key to the solution. Market slows down significantly Market liquidity has been steadily declining, according to recent stablecoin flow data. The supply growth of both $USDT and USDC has significantly slowed down in comparison to earlier times, resulting in a situation where capital entering the cryptocurrency market is just insufficient to maintain long-term upward momentum. Major Bitcoin rallies in the past have been bolstered by growing stablecoin supplies that offered new…

Strengthening Regional Oversight Rwanda and Nigeria have signed a cooperation agreement to deepen collaboration across capital markets and digital assets, marking a significant step toward more coordinated cryptocurrency regulation across Africa as the continent struggles with a rise in fraudulent digital asset schemes. The agreement, signed between the Capital Markets Authority of Rwanda and the Securities and Exchange Commission of Nigeria, extends beyond traditional capital markets to include the oversight and development of digital asset frameworks. Officials said the move reflects a growing regional consensus on the need to regulate virtual assets in response to the rapid expansion of cryptocurrency…

In brief Spain’s securities regulator said there will be no extension to the EU’s July 1 MiCA licensing deadline for crypto firms. Binance, still unlicensed after withdrawing its application in Greece, may have to temporarily halt EU operations. Regulators are working with unlicensed firms to ensure customer assets can be transferred if needed. Spain’s top securities regulator said Friday the country will not extend a fast-approaching deadline for crypto firms to register under new regulations—even as Binance struggles to do so. Under the European Union’s newly implemented MiCA crypto framework, firms have until July 1 to register with a member…

Dogecoin cofounder Billy Markus, who goes by “Shibetoshi Nakamoto” on X, reacted to recent reports that the world’s largest publicly traded company holding Bitcoin, Strategy, may sell a portion of its $BTC holdings, about $1.25 billion. Strategy holds 847,363 $BTC as of June 22. If the Bitcoin treasury company were to raise $1.25 billion through Bitcoin sales, it might need to sell about 20,800 $BTC at current prices, equivalent to about 2.5% of its 847,363 $BTC holdings. However, the news that Strategy might sell a portion of its massive $BTC stash has generated reactions from a large part of the…

For years, Michael Saylor’s Strategy was one of the market’s favorite ways to gain leveraged exposure to Bitcoin. But after a 72% decline in Strategy’s stock (MSTR) over the past year, Google search interest is cooling, and investors are increasingly debating whether Strategy’s aggressive fundraising model is still benefiting shareholders. MSTR Stock’s Biggest Problem May Not Be Bitcoin Despite the stock’s decline, Strategy continues expanding its Bitcoin holdings. This week alone, the company purchased 520 BTC for $35 million, bringing its total holdings to 847,363 Bitcoin, worth roughly $64.1 billion at current prices. Yet Strategy’s market capitalization has fallen to…

A 98% price collapse is a brutal way to end a chapter. But for Story Protocol, it may also be the only honest way to start a new one. The project announced its Story Protocol rebrand to Data Network on June 25, pivoting from an intellectual property blockchain to an AI training data infrastructure play — and the operational consequences are already rippling across crypto derivatives markets. Key takeaways Coinbase will suspend IP-PERP perpetual futures trading on July 6, giving traders a narrow window to close or adjust open positions. Story Protocol is rebranding to Data Network, abandoning its original…

The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated. The recommendations were part of a report tabled Friday for plenary vote. It also called for promoting tokenization across financial services, encouraging euro-denominated stablecoins and assessing whether additional crypto activities should be regulated under the European Union’s Markets in Crypto-Assets Regulation (MiCA). Drafted by Belgian Member of the European Parliament Johan Van Overtveldt, the report is an own-initiative resolution by the Committee on Economic and Monetary Affairs (ECON) that outlines recommendations…

Kraken’s xStocks platform is letting eligible customers in the European Economic Area and select global markets submit non-binding interest in the Bending Spoons IPO, the platform’s second pre-IPO tokenized equity offering and its first for a non-US tech company filing for Nasdaq. Bending Spoons, the Italian software conglomerate behind WeTransfer, Evernote, Vimeo, AOL, and Eventbrite, filed to go public on Nasdaq under the ticker BSP. The company’s portfolio spans more than 50 products reaching around 500 million monthly users, and it reported Q1 2026 revenue of $601 million. Customers who receive an allocation will get BSPx, a 1:1 backed tokenized…

Strategy has authorized up to $2 billion in stock repurchases and created a program allowing it to sell Bitcoin to strengthen its cash position and fund corporate obligations. Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC https://t.co/AUoUCtem53 — Michael Saylor (@saylor) June 29, 2026 The company established two separate repurchase programs. One authorizes up to $1 billion in purchases of its Class A common stock. The other covers up to $1 billion of its preferred securities, including STRC, STRF, STRD, and STRK. Strategy…