Author: NBTC

Bitcoin and major altcoins have continued to bleed as some of the biggest buyers pull capital from ETFs. Spot Bitcoin ETFs recorded nearly $227 million in outflows in the past week, according to market data from SoSovalue. The latest record extends the outflow streak to six straight weeks, although it’s the least amount for that period. In the week before, $BTC saw a negative $315.8 million total net flow. The highest weekly outflow came in the first week of June at $1.72 billion, Cryptopolitan reported. $BTC ETF weekly outflow record. Source: SoSoValue As of June 20, the 30-day net outflow…

Lido’s [DAO] latest accounting discrepancy briefly understated stETH staking yields. As a result, this error highlighted an operational reporting issue rather than a protocol failure. The daily rebase $APR reached 2.04% instead of the expected 2.15% because the accounting oracle missed a 32 $ETH validator deposit. However, contributors verified validator balances and found no missing funds or protocol penalties. Source: X That outcome shifted attention from security risks toward accounting accuracy, strengthening confidence in Lido’s staking infrastructure. Meanwhile, the smaller rebase reflected delayed reward recognition instead of weaker validator performance. The team continues investigating the root cause before deploying a…

Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Michael Saylor, Strategy’s co-founder and executive chairman, disclosed that STRC now leads the portfolios of BlackRock’s iShares Preferred and Income Securities ETF (PFF), Virtus InfraCap’s U.S. Preferred Stock ETF (PFFA), and VanEck’s Preferred Securities ex Financials ETF (PFXF). In a July 24 X post, Saylor described the placements as evidence that Strategy’s “digital credit” products are entering institutional portfolios. Digital Credit is entering the…

Ripple’s David Schwartz has addressed the community to explain where the $XRP Ledger is headed next in the most recent installment of the “$XRP in a Minute” video series. Schwartz laid out a roadmap detailing the network’s transition to a future dominated by tokenized assets and decentralized finance (DeFi). From native assets to issued assets Schwartz began by placing $XRP’s development in the broader historical context of the cryptocurrency industry, noting the initial groundwork laid by Bitcoin. “Bitcoin got things started by providing a public blockchain that allowed people to hold and transfer Bitcoin,” Schwartz explained. However, he emphasized that…

On Polymarket, the market asking whether the Clarity Act (H.R. 3633) gets signed into law before December 31, 2026, has drawn nearly $1.94 million in volume. Polymarket odds at 10:30 a.m. Sunday, July 19, 2026. Current odds sit at 39% for “yes” and 62% for “no.” That “yes” figure has fallen roughly 26% from recent highs. Senate Vote Odds Run Hot on Kalshi A separate Kalshi market takes a narrower question: will the Senate hold a recorded vote on the Clarity Act before the August recess. Traders there are far more confident. YES contracts trade at 68 cents, putting implied…

“The Brazilian central bank encourages use of Pix over other services by mandating that participating institutions offer Pix for free to individuals and by capping the fee those institutions may charge businesses for Pix transactions,” The U.S. Trade Representative wrote on X. While Visa and Mastercard don’t break down their market share or revenue from Brazil, Pix has grown rapidly since its November 2020 launch. More than 170 million individuals have used the system, which processed nearly 7 billion transactions worth roughly R$3 trillion ($590 billion) in June, according to central bank data. Pix handled 42.9 billion transactions in the…

Bitcoin [$BTC] is becoming scarcer with every halving, but miners are also earning lesser for securing the network. With their holdings declining, are they under pressure to sell their Bitcoin? Bitcoin halving pushes annual supply inflation below 1% Bitcoin miners secure the network by using computing power to verify transactions and add new blocks. In return, they receive newly issued $BTC, known as the block reward, along with the transaction fees paid by users. Every 210,000 blocks (or roughly once every four years) the block reward is cut in half. This slows the rate at which new Bitcoin enters circulation.…

Jito, the COO of Solana, recently tweeted a strong defense against Wall Street’s critiques regarding the safety of open, permissionless systems like Solana for financial activity. He emphasized that concerns surrounding the platform are overstated and that solutions to potential risks are already in progress. This tweet has garnered attention within the community, sparking discussions about Solana’s place in the financial ecosystem. The Key Development Jito’s tweet has ignited a wave of discussion among the Solana community and beyond. By asserting that Wall Street’s fears about open systems are misguided, he aims to reassure users about the platform’s viability for…

Amid the ongoing downturn, recent analysis shows that every major Bitcoin bear market has ultimately found a bottom following a black swan event. For context, black swan events cause sudden, largely unexpected crises that trigger sharp panic selling across the market, including Bitcoin. However, once the initial turmoil subsides, markets have historically transitioned into recovery phases. Major Crises Have Historically Marked Bitcoin’s Cycle Bottoms Over the years, the crypto market has endured several black swans. Notably, the collapse of the Mt. Gox exchange in 2014, the COVID-19 market crash in 2020, and the implosion of FTX in 2022 all coincided…

BMNR was trading at $15.80 on Friday, down substantially from last year’s high of $160. It remains slightly above the year-to-date low of $12.86. BitMine Immersion Will Hit Its 6 Million Target Soon BitMine has accumulated over 5.77 million $ETH coins, which are now valued at over $11 billion. This means that the company needs to buy 222,532 Ethereum coins, currently worth over $422 million. If the trend continues, it will hit its 6 million target in the coming months. Completing the purchases will benefit BitMine’s shareholders in two main ways. First, it will likely conclude the dilution that has…