Author: NBTC

Tokenized Assets Must Become Tradable to Unlock Real Value The real-world asset ( RWA) sector has spent years proving that traditional assets can be represented onchain. For Kevin Yunai, founder and CEO of RWA Inc, that debate is now largely settled. The more important question is whether tokenized assets can create better financial markets. “Simple tokenization is putting an asset representation onchain,” Yunai said. “Productive onchain finance is when that asset becomes usable: tradable, financeable, pledgeable, composable, transparent, and connected to real economic yield.” That distinction is central to the next phase of the RWA market. Tokenization alone can create…

U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has publicly criticized Illinois’ newly enacted Digital Asset Privilege Tax Act, calling it a ‘sin tax’ that could undermine Chicago’s standing as a premier financial hub. In a post on X, Selig argued that the legislation imposes a 0.2% tax on cryptocurrency asset transfers, even in cases where no economic gain occurs, effectively treating digital asset ownership as a taxable event. Illinois Crypto Tax Sparks Regulatory Debate Signed into law by Illinois Governor JB Pritzker, the Digital Asset Privilege Tax Act has drawn sharp backlash from industry leaders and regulators alike.…

Bitget has launched US stock options trading, becoming the first major crypto exchange to offer direct access to US stock options alongside crypto, tokenized stocks and traditional financial markets. The new product expands the exchange’s Stock+ suite. It also advances Bitget’s strategy of bringing crypto and traditional finance together on a single trading platform. US Stock Options Trading on Bitget The new offering allows users to trade US stock options using long call and long put strategies. Long call options let traders take a bullish position on a stock. Long put options allow traders to benefit from falling prices or…

Strategy’s $216M Bitcoin sell-off disclosure has not sparked the death spiral projected by some analysts last week. In fact, Grayscale now thinks the firm’s $1.25B $BTC sale plan could help “support $BTC price stability.” In its latest report, Grayscale’s Head of Research Zach Pandl noted, The rebound in the price of STRC suggests investors are now more confident about the instrument. Strategy is selling more Bitcoin. But this will restore confidence in its financing structure and help Bitcoin find a more durable bottom, in our view. Source: Grayscale After Strategy’s disclosure on Monday, the firm’s interest-paying preferred stock Stretch (STRC)…

The Sui blockchain is advancing its decentralized finance (DeFi) ecosystem with a new lending primitive called Hashi, which will allow users to deposit native Bitcoin as collateral without the need for wrapping or bridging. According to an announcement on X, the global testnet launch is imminent, signaling a significant step toward integrating Bitcoin into Sui’s lending infrastructure. Addressing Institutional Concerns Over Wrapped $BTC The announcement highlighted a key pain point for institutional investors: a lack of trust in bridged or wrapped Bitcoin. Traditional methods of using Bitcoin in DeFi often involve wrapping the asset, which introduces counterparty risk and centralization…

Jordi Visser, an experienced macro investor with over 30 years of experience and author of VisserLabs Substack, made groundbreaking statements about developments in the artificial intelligence (AI) sector, the Fed’s monetary policies, and the future of the cryptocurrency market in his latest broadcast. Visser argued that investors were greatly mistaken about Bitcoin, stating, “Everyone gave up on Bitcoin at exactly the wrong time.” Visser stated that the recent stagnation and downward trend in the cryptocurrency markets has led to a significant loss of confidence among investors, summarizing the current market situation as follows: “If you asked 100 people who have…

A pseudonymous respondent has appeared in New York court to challenge a lawsuit seeking control of over $200 billion worth of long-dormant coins tied to the network’s earliest days, including those linked to Satoshi Nakamoto, Bitcoin’s pseudonymous founder. The respondent, using the name John Doe 33, filed a notice of appearance on June 30 in New York Supreme Court, saying he is a “natural person and a real human being” with constitutionally protected property rights. He said he is not “a Bitcoin blockchain address string, a digital wallet, a line of source code, or any other form of inanimate data.”…

Grayscale, the issuer of the spot Bitcoin and Ethereum ETFs, has transferred 814 Bitcoin and 11,421 Ethereum—valued at approximately $70 million—to Coinbase Prime, according to on-chain data from Arkham Intelligence. The transaction, recorded on June 11, 2025, is part of the firm’s standard operational procedures for managing its spot crypto ETF products. Standard Redemption Settlement Process The deposits are understood to be linked to the settlement of redemptions tied to daily inflows and outflows from Grayscale’s spot Bitcoin and Ethereum ETFs. When investors redeem shares of these funds, Grayscale must deliver the underlying cryptocurrency to the authorized participants, who then…

Did Whale Buying Mark a Bottom Signal or Just Another False Start? Bitcoin’s steep June sell-off came as large holders continued buying into the decline, according to a July 7, 2026, report from 21Shares titled “ Bitcoin had its worst month in years. Is it the bottom?” Prices weakened sharply, yet a measure tracking whether large holders were net buyers signaled strong accumulation as bitcoin traded between $60,000 and $64,000. That accumulation stood out as the share of investors in profit fell below 50%. The analysis compared the setup with two earlier crisis periods: the March 2020 Covid-19 crash and…

Cap Labs, issuer of cUSD, is in damage control mode following an unpopular u-turn on its long-anticipated “stabledrop” program. Announced on Friday, the changes were met with harsh criticism, substantial withdrawals and accusations of insider trading. Cap’s founder Benjamin Peillard has been forced to defend the firm’s actions, and attempt to distance himself from a wallet which has been accused of receiving preferential treatment. The project bills itself as a “three-sided platform for USD yield, private credit, and financial guarantees.” It currently offers almost 5% on USDC deposits to back its stablecoin cUSD. However, its promise of “verifiable outcomes” apparently…