Author: NBTC

The pressure on crypto has become its own. The break below $60,000 reflects continued outflows from U.S. spot bitcoin ETFs, the Federal Reserve’s hawkish turn and a U.S. dollar that climbed to a seven-month high, said Alex Kuptsikevich, chief market analyst at FxPro, in an email to CoinDesk. A stronger dollar makes dollar-priced assets like bitcoin costlier for foreign buyers and tends to pull money out of risk trades. FxPro also flagged a longer-term warning. Bitcoin is hovering near its 200-week moving average, the average price over the past roughly four years and a closely watched long-term trend line. The…

Crypto market maker Cumberland has deposited an additional 4 million $USDC into the Hyperliquid (HYPC) platform approximately one hour ago, according to data from on-chain analytics provider Onchain Lens. This latest transaction brings Cumberland’s total deposits into Hyperliquid to 6.85 million $USDC, spread across three separate transactions executed today. On-Chain Activity Details The three deposits, all occurring within a short time window, signal a significant capital deployment by one of the cryptocurrency industry’s most active market-making firms. While the specific purpose of these deposits has not been officially disclosed by Cumberland, such movements often precede increased trading activity, liquidity provision,…

Galaxy Digital has completed the first phase of power delivery at its Helios data center campus in West Texas. The company delivered about 200 megawatts of gross power, equal to 133 MW of critical IT load, to CoreWeave under a 15-year lease. The delivery marks Helios’ move from a construction project into a revenue-generating AI data center campus. Galaxy said rent under the Phase I lease began in the second quarter of 2026. “Completing Phase I on budget and on schedule affirms Galaxy’s position as an operator capable of executing hyperscale AI data center development,” said Mike Novogratz, founder and…

Binance founder Changpeng Zhao has publicly endorsed a new partnership between the SIGN Foundation and Bhutan’s National Digital Identity (NDI) company, aimed at designing and developing a national digital identity platform for Sierra Leone. The two organizations formalized their collaboration through a Memorandum of Understanding (MOU), marking a significant step toward establishing blockchain-based infrastructure in West Africa. Details of the Partnership The MOU between SIGN and Bhutan NDI outlines a framework to create a secure, scalable digital identity system for Sierra Leone’s citizens. While specific technical details remain under development, the initiative is expected to leverage blockchain technology to enhance…

Brinc, a Hong Kong-based venture capital firm, has launched a new $XRP Ledger-based innovation program in partnership with Ripple. The company announced that applications for the Hong Kong Financial Innovation Program (HFIP) opened on June 8, 2026. Through this initiative, Brinc and Ripple plan to support startups developing the next generation of payment systems and financial infrastructure, focusing on Hong Kong and the broader Asian market. The XRPL-Powered Hong Kong Financial Innovation Program Notably, the accelerator brings together Brinc and Ripple to help early-stage companies grow. The program uses the $XRP Ledger as its core technology and targets startups ranging…

Donald Trump is trying to turn the Abraham Accords into a package deal. In a Truth Social post on May 25, the former president called on Saudi Arabia, Qatar, and a handful of other Muslim-majority nations to normalize relations with Israel, framing participation as “mandatory” for any country hoping to be part of a broader agreement with Iran. The list of countries Trump wants on board doesn’t stop at the Gulf states. He also named Pakistan, Turkey, Egypt, and Jordan as nations that should sign onto the accords. The pitch, and the pushback Trump’s post came on the heels of…

That figure puts Binance well ahead of the next nine exchanges combined in some categories, according to portfolio data pulled from Arkham’s blockchain analytics platform. The rankings, logged on July 6, 2026, based on real-time wallet balances rather than self-reported figures, give traders a rare look at exactly what sits behind each exchange’s reserves. Numbers like these rarely get much scrutiny beyond a headline total. Bitcoin.com News dug into the wallet-level breakdowns behind eight major exchanges to see what those totals are actually made of, and the answers vary more than most people would guess. Binance Binance’s $130.1 billion war…

Nasdaq-listed Bitcoin mining company Bitdeer has officially introduced its latest hardware innovation: the Sealminer A4 Ultra Hydro. The new mining rig, announced via the company’s X account, delivers a hashrate of one petahash per second (PH/s) per unit, a significant leap in computational power for the industry. Performance and Efficiency In high-performance mode, the Sealminer A4 Ultra Hydro can exceed 1 PH/s while maintaining a power efficiency of 10 joules per terahash (J/TH). This efficiency metric is critical for miners, as electricity costs represent a major operational expense. The rig’s design emphasizes both raw hashing power and energy optimization, making…

Alipay has quietly opened a new front in the global AI race. The payments giant behind one of the world’s largest financial apps has launched an invite-only beta of its Alipay AI platform, giving enterprise developers, merchants, and third-party software vendors the tools to wire their services directly into its conversational AI ecosystem. The move is small in rollout, but enormous in implication — and it signals something larger happening inside Ant Group. Key takeaways Alipay launched an invite-only beta of its AI Open Platform, allowing merchants to convert existing mini-programs into AI-callable tools integrated with its conversational AI, Abao.…

In brief Owners of BIG3 NFTs have sued Ice Cube’s 3-on-3 professional basketball league over allegedly unfulfilled promises. $NFT purchasers, who paid as much as $25,000 apiece, expected to earn a share of team sales and get other benefits. The suit alleges they haven’t, and seeks damages and restitution as BIG3 aims to go public via SPAC deal. $NFT buyers expecting to have some ownership stake in professional 3-on-3 basketball teams from rapper and actor Ice Cube’s BIG3 league have filed a class action lawsuit against the league in the Superior Court of California—challenging the league’s past promises as it…