Author: NBTC

Binance has released its 44th proof-of-reserves report, showing that customer Bitcoin holdings increased during June while Ethereum and Tether balances declined. The report used a snapshot taken on July 1 and compared the figures with customer balances recorded on June 1. Customer Bitcoin holdings rose 1.22% to about 640,000 $BTC, an increase of 7,715 $BTC. Ethereum holdings fell 1.41% to around 4.08 million $ETH, a decline of 58,591 $ETH. Customer Tether holdings dropped 1.51% to about 33.7 billion $USDT, falling by roughly 510 million $USDT. Binance customer Bitcoin holdings continue rising The July figures extend the rise in customer Bitcoin…

Hosting a website on Internet Computer means your entire site, including the front end, back end, and data, runs inside on-chain smart contracts called canisters, with no traditional server, hosting company, or monthly bill involved. This is different from most blockchains, which only handle token transfers or basic contract logic while the actual website still sits on Amazon Web Services or a similar cloud provider. On Internet Computer ($ICP), the blockchain is the host. What Is a Canister, and Why Does It Matter for Hosting? A canister is the basic building block of Internet Computer. Understanding it is the first…

Most Bitcoin bulls celebrate the idea of a seven-figure price tag. Eric Larchevêque, co-founder of hardware wallet maker Ledger, does not. His bitcoin price outlook is built on a darker premise: if Bitcoin ever hits $1 million, it will probably mean the world is in serious trouble. Key takeaways Ledger co-founder Eric Larchevêque says a $1 million Bitcoin price would signal war, debt crises, and fiat currency collapse — not mainstream adoption success. US national debt has surpassed $39 trillion, which Larchevêque cites as a structural driver toward currency failure. Bitcoin currently trades just below $63,000, roughly 16 times away…

Fidelity slashed its SpaceX IPO entry requirement from as much as $500,000 to just $2,000, opening the year’s biggest stock debut to millions of retail investors. Five brokerage flipping rules now decide who keeps that access. The move follows SpaceX reserving up to 30% of its offering for retail clients, well above the small share they usually receive. That choice hands everyday investors rare entry to a roughly $1.77 trillion listing. Fidelity Opens the SpaceX IPO to Retail Investors Fidelity confirmed the lower threshold this week, pointing to the expanded retail allocation. Dropping the floor from as much as $500,000…

The Solana Foundation amplified a widely shared post from @MacroMate8 about an innovative new primitive on the Solana network. This post highlights the introduction of features that could unlock new functionalities, enhancing user engagement and network activity. More details can be found in the original tweet here. What Went Down While most altcoins traded sideways today, the Solana network is buzzing with anticipation over new primitives that promise to enhance its capabilities. These developments, retweeted by the Solana Foundation, suggest that the network is positioning itself for greater utility and adoption. Observers are keen on how these innovations could potentially…

Regulatory Pressures and the FATF Grey List Financial technology startup Hurupay is exiting the Kenyan market as local regulators intensify anti-money laundering checks and compliance audits on digital asset platforms. The exit comes as Kenya accelerates regulatory interventions to secure its removal from the “grey list” maintained by the Financial Action Task Force (FATF), an international financial crime watchdog. The FATF placed Kenya on its increased monitoring list in 2024 due to structural deficiencies in the country’s systems for combating money laundering and terrorist financing. Since the listing, Kenya has implemented several corrective measures, including the adoption of a legal…

South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have announced they will add the $DRV token to their trading lists. According to the announcements, $DRV will be listed on Upbit against South Korean won (KRW), Bitcoin ($BTC), and Tether ($USDT), while Bithumb will only offer the token in the KRW trading pair. The simultaneous listing decision by the two major exchanges is being closely watched by the market as it is expected to increase the project’s visibility and liquidity. According to Upbit’s official announcement, the $DRV token will begin trading on the KRW, $BTC, and $USDT markets. Thanks to multi-pair…

Morpho has restored its frontend and API after a temporary disruption that its engineering team linked to a possible Amazon Web Services CloudFront outage. Morpho principal engineer Julien reported that app.morpho.org and api.morpho.org were partially unavailable on July 16. He said the team suspected a “potential AWS CloudFront outage” and was working on a way to restore traffic. Morpho restores services after partial outage Around three hours later, Julien confirmed in a follow-up update that the affected services had recovered. He said “all Morpho services are back and stable,” although performance could still experience some effects following the disruption. All…

Bitcoin’s four-year cycle, tied to the halving and retail demand, is no longer the dominant market model, said Strategy chairman Michael Saylor as he published an analytical breakdown that broke down how the cryptocurrency is moving into the status of “digital capital”, now dependent on large institutional inflows. According to the head of the largest corporate holder of the cryptocurrency, the reduction of coin issuance by miners has lost its former importance. The well-known investor now names new sources of demand as the main market driver. Bitcoin’s trajectory is now shaped by large capital flows: Spot Bitcoin ETFs and equity-market…

Ray Dalio just laid out five hard truths about how markets really work. For crypto-only investors, one of them reads like a warning. The billionaire built one of the world’s largest hedge funds. He posted the lessons in a note after decades of global macro investing. The Five Hard Truths Dalio argues that most people fall into a style of investing by accident. He recommends one approach above all, global macro long-short, and gives five reasons. First, macro forces move every market. Your split across stocks, bonds, gold, and commodities matters more than any single stock pick. Second, the biggest…