Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Yooldo Games, the operator of the ESPORTS token, has publicly attributed the token’s dramatic 90% price collapse on May 25 to the actions of an external over-the-counter (OTC) and market-making partner. In a statement released on X, the company denied any direct involvement or coordination in the sell-off that wiped out nearly all of the token’s value. Company Denies Coordination, Points to Contract Breach According to Yooldo Games, the crash was not a result of its own strategy but stemmed from a partner violating the terms of their agreement. “We have confirmed that one of our partners engaged in activities…
Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect. Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a complete ban in the former and requiring transaction limits and reporting in the latter. The measures by the two states followed bans in Indiana, which went into effect in March, and Minnesota, set to enforce an ATM ban on Aug. 1. The Tennessee law, signed by Governor Bill Lee in April, bans the use and installation of cryptocurrency ATMs…
Coinbase Payments Integration Enables $EURC and $USDC Subscriptions for Regulated Funds Institutional investors in Europe can now subscribe to and redeem holdings in regulated money market funds using stablecoins after Coinbase (Nasdaq: COIN) revealed on June 30 that it had connected its Payments infrastructure with Spiko, a European fintech firm delivering tokenized exposure to short-term U.S. Treasury investments through regulated money market funds. This development represents what the companies characterize as the first UCITS funds in Europe to accept onchain funding through Euro Coin ($EURC) and USD Coin ($USDC), bringing near-instant settlement capabilities. Coinbase stated: “In a landmark first for…
Bitcoin ($BTC) rallied to $60,000 at Wednesday’s Wall Street open as stocks moved higher and US dollar strength fell. Key points: Bitcoin catches an early tailwind at the start of July’s first US trading session, rising with stocks. US dollar strength cools as analysis sees an increasingly “crowded” USD long trade. Bitcoin traders maintain faith that July will form a relief-bounce monthly candle. $BTC price eyes 3%+ daily gains Data from TradingView showed $BTC/USD spiking to $60,475 on Bitstamp, taking daily gains to nearly 3%. $BTC/USD one-hour chart. Source: Cointelegraph/TradingView The new monthly candle had started with a bump and…
Meteora [$MET] has posted an impressive run, climbing 14% at press time, as a sense of relief sweeps back across the crypto market over the past 24 hours. The rally draws on several structural factors, including strong protocol performance and capital inflows that point to growing investor conviction. For now, the question remains whether $MET can sustain this upward performance. Protocol dynamics reshape $MET’s supply Capital sits at the heart of the rally, particularly the shift in supply dynamics created by the total value locked (TVL) in the protocol. TVL measures the amount of $MET deposited and locked within the…
The market capitalization of Strategy’s STRC, the once-$10.5 billion stock that was supposed to pay better than a high-yield bank account or money market, sank to another all-time low beneath $7.2 billion this morning. For four uninterrupted days, the stock has crashed lower each day. By 9:33am today, it was trading 29% beneath the par value the company advertises. Indeed, the price of each STRC share is supposed to trade at $100 while Strategy pays shareholders an 11.5% annualized dividend. Shares were, in fact, trading at $100 as recently as May 14. Well, this morning, they were trading at $71.25.…
Crypto companies have contributed $189 million to influence the 2026 U.S. Election, making it the largest source of disclosed corporate spending. According to the Public Citizen report, the figure represents 37% of the $517 million in disclosed corporate election spending. The report identified Ripple, Crypto.com, and Coinbase as the biggest contributors, with combined spending of $123.4 million. Ripple supplied $49.6 million, Crypto.com provided $38.6 million, and Coinbase added $35.2 million through the first quarter of 2026. Fairshake and MAGA Inc. Capture $138.8M in Crypto Funding Meanwhile, Gemini founders Tyler and Cameron Winklevoss contributed another $25.7 million. Their support raised total…
Bybit has announced planned operational and structural changes affecting users in the European Economic Area (EEA) as the company advances its regulatory compliance efforts in the region ahead of the July 1 deadline for the European Union’s Markets in Crypto-Assets (MiCA) regulation. According to the announcement, certain services on Bybit Global will be phased out for EEA residents over time. The exchange said users impacted by the changes will receive advance communications explaining the implementation schedule and providing guidance on managing existing and new positions. Users will retain access to assets held in custody during the transition. Bybit said further…
Bitcoin Price posted new lows in June, and the market is divided on what comes next. Crypto analyst Benjamin Cowen, founder of Into The Cryptoverse, told Coinpedia in an exclusive interview that he believes the worst is largely behind us, but the actual bottom has not arrived yet. Final Phase, Not A New Crash Cowen believes Bitcoin is moving through the final leg of its bear cycle, consistent with the four-year pattern that has defined crypto markets since the beginning, with a low expected in late Q3 or early Q4 2026. The signal he is watching is volume. In 2014,…
A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir (NASDAQ: PLTR) have both dropped 48%. Microsoft (NASDAQ: MSFT) has declined 37%, Meta Platforms (NASDAQ: META) 32%, Arm Holdings (NASDAQ: ARM) 27%, Broadcom (NASDAQ: AVGO) 26%, Marvell Technology (NASDAQ: MRVL) 20%, Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) 19%, Alphabet (NASDAQ: GOOGL) 17%, CrowdStrike (NASDAQ:…