Author: NBTC

Commodity Futures Trading Commission Chairman Michael Selig said the Clarity Act remains within reach, days after Congress missed its July 4 target to pass the crypto market-structure bill. “We’re so close. We have to get this done,” Selig told Fox Business host Maria Bartiromo. Some analysts give the measure even odds of passage before the August 7 recess. The bill would divide oversight of digital assets between the CFTC and the Securities and Exchange Commission, a split the industry has sought for years. The House passed the legislation last summer. The Senate has yet to hold a floor vote. Selig,…

Variational is introducing a new trading instrument called Swaps with institutional TradFi liquidity on Arbitrum. Swaps are designed to offer tighter spreads, larger position sizes, and around 4.5% predictable carry costs. As per the official announcement, Swaps has already signed more than $1 billion in open interest capacity with TradFi dealers at launch. On July 6, Variational, a leading peer-to-peer derivatives trading protocol on Arbitrum, announced the launch of its new on-chain product, Swaps, in Q3, which is expected to expand the protocol’s operations by attracting institutional investors. The official announcement stated that “Today, we’re enabling the first TradFi hedging…

A deputy home minister told parliament on Wednesday that since 2022, Malaysian police have arrested 629 people and taken back 75,578 crypto mining machines in more than 3,000 raids. The fight against miners who steal power from the national grid is getting tougher. According to Bernama and The Star, Datuk Seri Dr. Shamsul Anuar Nasarah gave these numbers during Ministry Question Time in the Dewan Rakyat, the lower house of parliament. They are up to date as of May 2026 and include 3,049 raids across the country. The Royal Malaysian Police, Tenaga Nasional Berhad (TNB), the Energy Commission, and local…

Benjamin Cowen, founder of Into The Cryptoverse, a popular analytics platform in the cryptocurrency world, assessed Bitcoin’s current downward trend and how far the price could fall in light of macroeconomic data. According to Cowen, historical cycles and macroeconomic indicators suggest that Bitcoin has not yet reached its ultimate bottom. The renowned analyst, focusing on Bitcoin’s traditional “4-year cycles,” reminded us that past cycles show Bitcoin finding its macro bottom approximately a year after reaching its peak. Stating that this historical pattern still holds true, Cowen predicts the most likely major bottom scenario for Bitcoin could occur around October 2026.…

Ethereum is trading near $1,740 at the time of writing after stabilizing above a key support area, but the daily chart still shows a market trapped below its main moving averages. The current setup is not a clean bullish reversal yet; it is a consolidation phase where $ETH has stopped falling, while on-chain activity has not shown enough strength to confirm a stronger recovery. Summary $ETH is holding above the $1,700–$1,750 support area. The 50-day SMA near $1,787 remains the first major recovery test. Binance’s Ethereum reserve is moving sideways near 3.86M $ETH. Lower velocity and falling volatility point to…

Leopold Aschenbrenner just took Situational Awareness LP from $255M to $13.7B in only six quarters. His Q1 2026 filing dropped and one new move stands out as especially sharp. Full breakdown of what he’s doing with AI infrastructure stocks here 👇 The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to bitcoin mining, artificial intelligence, and crypto treasury strategies. Originally published on May 26, 2026, by Cindy Feng. Key Takeaways: Leopold Aschenbrenner grew Situational Awareness LP from $255M to $13.7B in 6 quarters. Q1 2026 added $8.5B in SMH, Nvidia and AMD…

Circle reportedly minted another 1 billion $USDC on Solana on June 16, according to on-chain tracker Lookonchain. The latest issuance lifted Circle’s total $USDC minting on Solana to 3.5 billion over the past week. “Circle minted another 1B $USDC on Solana today,” Lookonchain said. The tracker added that Circle had minted 3.5 billion $USDC on Solana over the past seven days. Circle had not issued a separate public statement on the specific mint at the time of writing. Circle(@circle) minted another 1B $USDC on #Solana today!In the past week, #Circle has minted a total of 3.5B $USDC on #Solana.https://t.co/C5Uwl9kpxq pic.twitter.com/3mmPK5m21e…

A recently circulated internal memo from the U.S. Department of Justice (DOJ) reportedly informed federal prosecutors that Binance, the world’s largest cryptocurrency exchange, plans to significantly alter its cooperation procedures for freezing digital assets starting June 8. The report, initially published by BeInCrypto, has sparked confusion and concern within legal circles, though Binance has categorically denied making any such changes. What the DOJ Memo Allegedly States According to the internal DOJ communication, Binance would discontinue its longstanding ‘courtesy freeze’ service. Under this informal arrangement, U.S. law enforcement could request the temporary freezing of accounts or assets linked to ongoing investigations…

$XRP outperformed both Bitcoin and Ethereum in daily trading activity on South Korea’s largest crypto exchange, Upbit, highlighting its continued appeal among local traders. Over the past 24 hours, Upbit recorded a total trading volume of $493.74 million. During this period, $XRP led all assets with $52.33 million in trades, accounting for nearly 10% of total exchange activity. By contrast, Bitcoin posted $42.14 million in volume, representing 8.54% of the total. Meanwhile, Ethereum followed with $24.3 million, or 4.92% of overall trading activity. Notably, the data shows that $XRP maintained a clear lead over the two largest cryptocurrencies by market…

The cryptocurrency world has entered a critical juncture that will determine the market’s direction in the next 48 hours. According to recent analysis by industry leader Dan Gunsberg, Bitcoin is facing both record volatility in the spot ETF market and massive expiration pressure in the derivatives market. The biggest short-term catalyst in the market could be the massive $10.6 billion options expiry on Friday on the crypto options exchange Deribit. According to data shared by experts, approximately 80% of these positions are “out-of-the-money”. The concentration of open positions is around $60,000 (Put/Sell) and $80,000 (Call/Buy) levels. This suggests that sharp…