Author: NBTC

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:…

Evernorth argues that $RLUSD is not replacing $XRP but increasing settlement activity across the $XRP Ledger. On-chain data shows 52% of $RLUSD volume now runs on XRPL, up from 17% in April, signaling a rapid shift in usage. The $RLUSD/$XRP trading pair has processed over $900 million in six months, while network fees tied to this activity continue to burn $XRP supply. Analysts at Evernorth, an independent $XRP treasury, say Ripple’s $RLUSD expansion is reinforcing the role of $XRP inside its native ecosystem. Rather than reducing demand, the stablecoin appears to be increasing transaction flow and liquidity demand across the…

Miles Guo, the exiled Chinese businessman who built a following as a critic of Beijing, was sentenced to 30 years in prison for a fraud scheme that raised more than $1 billion from investors. Part of that scheme ran through a fake cryptocurrency called Himalaya Coin. US District Judge Analisa Torres handed down the sentence Monday in the Southern District of New York, according to a press release from the SDNY US Attorney’s Office. Guo, also known as Ho Wan Kwok and Guo Wengui, was ordered to forfeit $889 million, and the DOJ said he and his family spent victims’…

Webull Canada will soon allow investors to trade Bitcoin, Ethereum, XRP and other crypto assets after receiving approval from the Canadian Investment Regulatory Organization (CIRO), the retail brokerage said Tuesday. The new service aims to provide investors with secure and compliant access to digital assets as they continue to gain mainstream adoption. Michael Constantino, CEO of Webull Canada, said the approval marks an important milestone and reinforces the company’s commitment to delivering secure, reliable access to crypto investing. “Many Canadians are looking for credible access to digital assets, and we look forward to offering investors another way to diversify their…