Author: NBTC

Bitcoin fell below the $63,000 level due to strong selling pressure, indicating weakening risk appetite in the cryptocurrency market. According to the latest data, the price of Bitcoin dropped to $62,644, losing over 5% in value in the last 24 hours. A graph showing the drop in BTC price. The market downturn wasn’t limited to Bitcoin. Ethereum fell by over 5% to $1,689, BNB dropped 4.90% to $576, XRP lost 5.83% to $1.14, and Solana fell 6.98% to $68.79. Among the top 10 cryptocurrencies, one of the sharpest drops was seen in Hyperliquid, which experienced a loss of over 11%.…

Washington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for $USDC, as the approval makes it easier for banks, payment firms, asset managers, and corporate treasury desks to treat $USDC as something solid enough to build around. However, banks see the same approval and draw a different conclusion. In January, Standard Chartered said stablecoins could pull about $500 billion…

Zcash validators coordinated an emergency protocol upgrade after developers discovered a vulnerability affecting the network’s Orchard shielded pool, temporarily suspending Orchard transactions while a fix is rolled out. In an update published on June 2, the Zcash team said the issue was identified through routine auditing and security reviews before any known exploitation occurred. The project stressed that: user funds remain safe, privacy has not been compromised, and the issue affects only Orchard, Zcash’s newest shielded transaction pool. The protocol-level change took effect at approximately 10:30 p.m. Eastern time on June 1. Orchard transactions temporarily disabled According to the announcement,…

The proposed act is widely viewed as a cornerstone for the next phase of institutional crypto adoption. By establishing clear rules for digital assets, the legislation could give banks, brokers, exchanges and asset managers greater confidence to invest, launch products and build market infrastructure, accelerating the migration of trading and liquidity to regulated U.S. venues. JPMorgan analysts said the legislation would encourage institutional investment, boost U.S.-regulated trading and lower barriers for banks, exchanges, custodians and market makers. Some of those trends are already emerging, the bank said, citing Citadel Securities’ $400 million investment in Crypto.com and the CFTC’s approval of…

iShares BITA (Bitcoin Premium Income ETF), by BlackRock, made its debut on Nasdaq on June 16, 2026. BITA provides investors with access to monthly cash payouts in the form of premium income from Bitcoin using covered call options. This investment vehicle will provide an annual yield of 15%-25%, which sparked debate in the crypto space regarding how such products can potentially take capital away from Bitcoin itself in the future. While it is too early to think about a replacement, the thought itself makes sense because BlackRock’s other Bitcoin fund, iShares Bitcoin Trust (IBIT), has amassed almost $49 billion worth…

U.S. approval of perpetual futures contracts could expose traders to unexpected tax and regulatory uncertainty if the products are ultimately determined to be swaps rather than futures, an issue that has received little public attention, according to CME Group Chairman and CEO Terry Duffy. “There’s a consequence that nobody’s talking about,” Duffy said in an interview with CoinDesk. “There’s ambiguity right there, from a tax perspective, for all U.S. participants now.” The comments come as CME continues its legal challenge against the Commodity Futures Trading Commission (CFTC) over the regulator’s approval of perpetual futures contracts in the U.S. Both sides…

Prediction markets are recording heavy trading while the broader cryptocurrency market stays under pressure. Bitcoin currently trades near $63,482, almost 50% below its October 2021 record above $126,000. Meanwhile, Kalshi, Polymarket International, and Polymarket US processed $44.8 billion during June, up 75% from May’s $25.66 billion. The latest DefiLlama data places seven-day prediction-market volume at $3.268 billion. Kalshi accounts for $2.473 billion, or about three-quarters of the total, while Polymarket contributes $499.46 million. The category also holds $407.77 million in total value locked, with $7.78 million in weekly fees and $3.86 million in revenue. Kalshi Leads Current Trading Volume Kalshi…

The timetable for the development of cryptographically relevant quantum computers has been significantly shortened as a result of recent developments in quantum hardware, such as Google’s Willow processor. In the context of blockchain technology, where addresses and key derivation standards like BIP32, BIP44, and SLIP-10 are the predominant infrastructure for wallet management, a quantum computer that is running Shor’s algorithm has the ability to recover any elliptic-curve private key from the corresponding public key. This poses a threat to every wallet that is currently in production. In order to migrate to post-quantum signature schemes, the public key format must be…

In an interview with the Bitcoin Magazine podcast, Stafford Masie, executive director of Africa Bitcoin Corporation (ABC), talked about how ABC’s goal is to turn Bitcoin into a tool for driving economic growth across Africa. Most Bitcoin firms like Strategy and Metaplanet focus on stacking $BTC per share and boosting value for shareholders. ABC is trying something else, using Bitcoin as collateral to make borrowing cheaper for African companies. As a leading African expert on AI and digital disruption, Masie says that the usual model for Bitcoin treasury companies is to raise cash, buy $BTC, hold it, boost $BTC per…

Evidence of that shift is growing. Visa’s stablecoin tracker recorded $6.6 billion in volume across 132.4 million retail-sized transactions (those worth less than $250) during the latest 30-day period. Standard Chartered expects stablecoin circulation to increase about sevenfold to roughly $2 trillion by 2028, while agent-led purchases could rise from 1% of e-commerce in 2025 to 12% in 2029. Neobanks capture nearly 40% of new banking accounts globally, boasting over 1.4 billion users. A step further Naveen Mallela, Standard Chartered’s global head of payments, also expects the traditional account-based model to change. He believes people will eventually use a wallet…