Author: NBTC

Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market’s largest nearby demand concentration. The Aug. 12 inflation report, due less than 48 hours out, will help decide whether that floor holds or gets tested. Glassnode’s latest on-chain map puts that demand shelf at roughly $63,000, an area holding close to a tenth of Bitcoin’s circulating supply. The market’s repair test sits near $69,000, where recent buyers reach breakeven on their positions. Why Wednesday matters July’s jobs report showed that payrolls fell by 23,000 against expectations for an 80,000…

Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or FSRA, has licensed virtual asset activity since 2018 through the Abu Dhabi Global Market, a financial free zone with its own courts built on English common law. That early start gave firms a rulebook years before many other jurisdictions caught up. Not every virtual asset qualifies. Firms need a Financial Services Permission before they can operate, and only assets the FSRA labels “Accepted Virtual Assets” can move through regulated products. Privacy tokens and algorithmic stablecoins are barred outright. Capital requirements scale with the size and type of a…

Some details of the Clarity Act itself are still being negotiated. Provisions addressing illicit finance and agriculture issues are still under discussion, a legislative staffer told CoinDesk on Wednesday, not to mention the ethics provision aiming to block senior government officials like President Donald Trump from profiting off of the crypto industry. The White House is still pondering a proposal on ethics language from Senators Thom Tillis and Ruben Gallego, which the senators sent to the White House last week. If the White House accepts the proposal, or has feedback on it, that could move the needle for Democrats on…

Inflows into Hyperliquid ($HYPE) exchange-traded funds (ETFs) have largely ground to a halt after surging in May and June, reflecting growing concerns over the protocol’s competitive outlook, according to Wall Street bank JPMorgan (JPM). The bank said Hyperliquid ETFs led non-bitcoin crypto funds in inflows relative to assets under management in May and June, though that momentum faded in July and early August. “We see significant challenges to the market share of decentralized platforms such as Hyperliquid,” analysts led by Nikolaos Panigirtzoglou said in a Thursday report. Hyperliquid has been one of crypto’s biggest breakout stories this year, with its…

That amount is smaller than the ETF outflows. But in financial markets, price is set at the margin. The most recent buyers and sellers, not the cumulative volume over months, determine where the price goes. In a downtrend, when buying interest is already weak, even relatively modest and steady selling can have an outsized impact. “Early year sales from public miners are an underdiscussed contributing factor [in] Bitcoin’s poor price performance in 2026,” the research and analysis division of Blockware Solutions said in its latest newsletter. Many of these companies are facing squeezed margins, with the average cost to produce…

Bitcoin traders are watching a razor-thin line right now: the point where short-term holders stop losing money and start breaking even. With the price hovering near $65,200, the question of whether Bitcoin holders breakeven can actually hold this time — rather than fade like it has twice already this year — is shaping how the market reads the next move. Key takeaways Bitcoin is stabilizing near $65,200 while the 30-day Short-Term Holder SOPR sits at 0.997, just under the neutral breakeven level of 1.0. Short-term holders are currently selling at a slight loss, and similar breakeven attempts in January and…

Coinbase director Wilson Frederick sold 35,068 shares of company stock at an average price of $144.32 per share on Aug. 3, according to a U.S. Securities and Exchange Commission filing. The transaction totaled approximately $5.06 million, reducing Frederick’s direct holdings to 197,389 shares. Insider Transaction Details The sale was disclosed in a Form 4 filing with the SEC, which tracks transactions by company insiders. Such filings are standard practice and provide transparency into trading activity by executives and board members. The sale comes as Coinbase continues to navigate a volatile cryptocurrency market, with its stock price reflecting broader sector trends…

A widely shared post from @MessariCrypto has revealed that Stellar suffered an inflation bug back in 2017, which resulted in the creation of over 2 billion $XLM. This issue was quietly patched following its discovery, raising questions about the network’s integrity and security. Inside the Move The broader crypto market is currently experiencing mixed signals, with various assets showing different momentum. The revelation about Stellar’s inflation bug comes at a crucial time as the network has been gaining traction, especially after significant recent developments such as MoneyGram’s MGUSD stablecoin launch on the Stellar blockchain. This inflation issue, if scrutinized further,…

The U.S. Securities and Exchange Commission (SEC) has set up a new department dedicated to examining violations in accounting practices and financial reporting, which shows that the agency has begun paying more attention to companies’ disclosures at a time when its approach toward crypto is quickly moving from litigation to rulemaking. For the crypto industry and auditors who analyze their financial reports, this action delivers an unambiguous signal: even though the SEC is expanding its digital asset policy framework through the Crypto Task Force and regulations, it is actively improving its power of evaluating public firms’ disclosures to investors. A…

Binance, one of the world’s largest cryptocurrency exchanges, has updated its Proof of Reserves (PoR) page, once again sharing the reserve status of user assets. The exchange stated that all user balances on the platform are backed at a 1:1 ratio and that the reserve ratio is above 100% for many assets. Apart from Bitcoin, the report includes $USDT, Ethereum, $BNB, Solana, $USDC, $USD1, WLFI, BCH, WLD, DOT, ENA, TRUMP, POL, Arbitrum (ARB), FORM, PENDLE, Aptos (APT), CRV, Optimisim (OP), CHZ, S, WIF, BOME, GRT, TUSD, 1INCH, ENJ, SSV, MASK, CHR, BUSD and HFT were included. According to the report,…