Author: NBTC

Pyth Network is expanding its Pyth Pro services to include additional commodity futures and US Treasury rates, according to a recent tweet. This move aims to bolster institutional access to critical market data, enhancing trading strategies. As institutions increasingly seek comprehensive analytics, this expansion could greatly influence their trading decisions. For more details, check the official announcement. What Went Down The broader crypto market currently exhibits mixed signals, with various assets displaying fluctuating momentum. Pyth Network’s latest announcement regarding its Pyth Pro expansion reflects a strategic push to cater to institutional traders who require precise market data. By adding new…

Fed Policy Expectations Drive Divergence Across Markets Grayscale Investments is tying bitcoin’s lag behind equities to a repricing of Federal Reserve policy, arguing that bitcoin could narrow the performance gap with stocks if the Fed holds off on rate hikes. In a June 22 research note, the crypto asset manager said changing rate expectations have contributed to the divergence between equities, bitcoin, and gold. U.S. equities have gained 9% since the start of the Iran war in late February, supported in part by sustained spending tied to artificial intelligence infrastructure and development, Grayscale detailed. Over the same period, bitcoin has…

Pendle is enhancing its trading capabilities by integrating Tori Finance’s trUSD and strUSD, as highlighted by a recent tweet from the platform. This development signifies a shift towards greater accessibility for institutional yields, traditionally reserved for select investors. As users become more aware of these options, it’s likely to stimulate interest and activity on Pendle’s platform. For more details, see the official announcement here. The Key Development The market context shows Pendle’s recent move comes as the broader crypto space experiences mixed signals, with varying momentum across major assets. By introducing trUSD and strUSD, Pendle is likely responding to a…

The daily Market Value to Realized Value (MVRV) ratio of Ethereum ($ETH) has decisively crossed above its 160-day Simple Moving Average. Known as a Golden Cross, the move signals the end of $ETH’s capitulation phase, and the beginning of a bullish reversal. Source: X Ethereum Golden Cross and bullish supporters In the past three years, a Golden Cross preceded major $ETH recoveries as the accumulation regime overpowered distribution. This was seen in early 2023, late 2023-Q1 2024, Q2 2024 and Q3 2024 where the price of $ETH surged by 50%, 166%, 74% and 113% respectively. Data also reveals renewed institutional…

The payroll experiment that became a logistics operation. Japanese delivery giant AZ-COM Maruwa, an Amazon delivery partner with a vast network of independent drivers, is moving its carrier payments onto a yen-backed stablecoin. The firm will begin paying roughly 2,300 partner carriers and independent drivers using JPYC, according to the original report from Nikkei. The company is also investing ¥1 billion into the JPYC project and forming a business partnership with the issuer. The move isn’t just a procurement novelty. It marks the first time a major Japanese corporation has deployed a regulated yen stablecoin at scale for operational payments.…

Cosmos recently announced its collaboration with Peersyst on the CBWeb3 Project, funded by IDB Lab and executed by lnetglobal. This initiative aims to explore the future of tokenized finance and cross-border interoperability in Latin America and the Caribbean. The project stands to significantly impact regional financial infrastructure as it involves collaboration with central banks and financial institutions. For more details, visit this link. Breaking It Down The broader cryptocurrency market is currently showing mixed signals, with various assets experiencing differing momentum. In this context, Cosmos’s announcement regarding its involvement in the CBWeb3 Project highlights a growing trend toward enhancing financial…

Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp leverage reset. Traders are now watching whether the next move will be driven by spot demand rather than derivatives speculation. Data shared by Cryptoquant on June 22 showed total $BTC Open Interest across exchanges falling from $26.0 billion to $20.89 billion during June. The drop in futures exposure outpaced the decline in price. Bitcoin fell from roughly $71,200 at the start of the month to $63,234 by June 21, down 11.4%, while Open Interest contracted 19.5%, indicating futures exposure was reduced more aggressively than the decline…

Silent builder activity often tells a different story than token prices. In a week where DeFi tokens drifted sideways, the update from Santiment on yield farming development rankings placed Yearn Finance, Aave, and Gearbox among the top movers—while a handful of established names slipped. The data, pulled from GitHub activity across project repositories, offers a window into which teams are shipping code, not just marketing. Yearn Finance ($YFI) claimed the top spot, marked with a neutral directional indicator but holding steady from the previous month. Aave’s Ethereum deployment rose to third, climbing two positions. Gearbox Protocol entered the top five…

Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the volume of activity that liquidity supports. Market capitalization records the stock of stablecoins in circulation, which captures available liquidity, reserve demand, and issuer scale. Transaction throughput, on the other hand, records how intensively those tokens move through exchanges, payment systems, treasury accounts, and settlement workflows. A system holding $500 billion that moves infrequently offers greater capacity than one holding $250 billion, but the smaller system…

The Abu Dhabi Global Market (ADGM) has officially recognized Tether Gold (XAUT) as an Accepted Spot Commodity. In a Monday announcement, Tether, the stablecoin issuer behind XAUT, noted that the recognition allows firms in ADGM to offer XAUT, subject to their own relevant regulatory permissions and approval to use Accepted Spot Commodities. Speaking on the development, Tether CEO Paolo Ardoino stated that ADGM’s recognition of XAUT demonstrates the UAE’s continued leadership in digital asset regulation. According to Ardoino, bringing XAUT into the ADGM’s Spot Commodities framework creates room for firms with the relevant regulatory permission to work with a token…