Author: NBTC

On June 29, the US Supreme Court ruled that President Donald Trump had the authority to remove the Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, rejecting the statutory limits that previously allowed FTC commissioners to be fired only for cause. This decision overturned Humphrey’s Executor, the 1935 precedent that had protected certain independent agency commissioners from dismissal without cause for more than nine decades. The ruling stated: “Despite what Humphrey’s may say, independent agencies are not ‘independent’ in the sense that they are free of the President and thus responsive ‘only to the people of the United States.’” Trump celebrated…

Anchorage Digital has announced an integration with Binance to bring off-exchange settlement to institutional crypto traders, giving clients access to the world’s largest crypto exchange by volume without surrendering custody of their assets. The partnership, powered by Atlas — Anchorage Digital’s suite of settlement infrastructure — marks the first off-exchange settlement implementation within that platform. Under the arrangement, institutions can trade on Binance while their assets remain in segregated custody at Anchorage Digital Bank, the first federally chartered crypto bank in the United States. The structure mirrors how institutional trading works in traditional financial markets, where custody and execution are…

Bitcoin could face further downside pressure after ending June below its 200-week moving average but above its realized price, a combination that crypto analyst PlanB says suggests the market has yet to reach a bear market bottom. Bitcoin fell 20.5% in June to close the month at $58,526 — its worst monthly performance since June 2022 — below its 200-week moving average of $62,000 but above its realized price of $52,000. “ALL previous bear market bottoms were below realized price,” said PlanB, the creator of the stock-to-flow pricing model, on Wednesday, adding in a separate post that Bitcoin could drop…

Yesterday, a massive new competitor, Open USD (OUSD), arrived to displace Circle Internet Group, issuer of the world’s second-largest stablecoin, $USDC. Behind its glamorous roster of financial titans was a stablecoin inspired by Hyperliquid’s USDH. The list of OUSD backers is long and powerful; a who’s who of the world’s largest payments conglomerates. It reads as though a crypto investor wished on a star and every dream came true. Visa, Mastercard, Discover, American Express, Stripe, BlackRock, BNY, Google, Samsung Electronics, IBM, Shopify, Western Union, MoneyGram, Coinbase, OKX, Ripple, and MetaMask all appeared on the press release. The consortium will cooperatively…

Reform UK has removed a proposed crypto bill from its website amid ongoing controversy around billionaire Tether investor Christopher Harborne’s secret £5 million “gift” to the party’s leader, Nigel Farage. The Cryptoassets and Digital Finance Billwas announced last year during the Bitcoin 2025 conference in Las Vegas. However, The Nerve reports that the bill was scrubbed from the website on May 30 this year. The Nerve also notes that the bill’s PDF can still be found online but is no longer present on Reform UK’s own website. A month before the bill’s removal, The Guardian revealed that Reform leader Farage…

Binance, the world’s leading blockchain ecosystem and digital asset infrastructure provider, has announced that stock trading on its platform has surpassed $1 billion in assets under management within 30 days of launch. The milestone is accompanied by more than $3 billion in total trading volume since the product went live on June 1, 2026. Stocks on Binance have surpassed $1 billion in AUM. A milestone that reflects growing demand for seamless access to global markets through a single platform.Thank you for being part of the journey. 🤝 pic.twitter.com/EQY9EOS8hF — Binance (@binance) July 1, 2026 Stock trading on Binance gives users…

SBI Crypto, a cryptocurrency-focused division of Japanese financial conglomerate SBI, is shutting down its Bitcoin mining pool after a five-year run. The company announced Wednesday that it will end mining pool operations on July 31 and will stop accepting mining shares at the same time. It did not provide its rationale for closing the pool. SBI Crypto said miners should keep directing hashrate to the pool until the cutoff so final payouts can be calculated correctly before operations end. “We would sincerely appreciate your continued support by mining with us until the final day of operation,” it said. The shutdown…

A notable assessment has emerged suggesting that the downturn in the Bitcoin market may end this month, and the leading cryptocurrency could re-enter an upward trend. Andre Dragosch, Head of Research at Bitwise Europe, stated that under current conditions, the bottom for Bitcoin could be reached sooner than the general market expects, potentially paving the way for a new bull cycle. According to Dragosch’s assessment, a strong rebound, particularly in semiconductor sector stocks, could be a significant catalyst not only for technology markets but also for crypto assets. According to the analyst, a strong rally in semiconductor stocks from current…

Circle (CRCL) shares bounced 5% Wednesday after a 17% plunge, as investors are weighing whether the new Open USD stablecoin consortium backed by Stripe, Mastercard, Coinbase and BlackRock poses a lasting threat to the $USDC issuer. Global brokerage Jefferies isn’t convinced the selloff has fully priced in the risks, arguing that Circle faces mounting competitive pressure as banks, payment firms and fintechs increasingly launch their own stablecoins. “Buy the dip? We wouldn’t,” the firm’s analyst team wrote in a note to clients. “CRCL headwinds are unlikely to ease,” analysts wrote, warning that competition could pressure $USDC’s supply growth and market…

Ripple President Monica Long recently shared a vision for the future of digital payments. “The future of payments will be multichain, interoperable, and built on institutional-grade blockchain infrastructure,” said the Ripple President. The future of payments will be multichain, interoperable, and built on institutional-grade blockchain infrastructure.Our focus is simple: continue making the XRPL the leading blockchain for institutional payments – and a natural home for the next generation of key regulated… https://t.co/8Pc5Yleskr — Monica Long (@MonicaLongSF) June 30, 2026 Long was reacting to recent developments, including Ripple joining the Open USD stablecoin as a day-one integration partner, highlighting the company’s…