Author: NBTC

The account fragmentation that forces active traders to hold separate balances for spot crypto, foreign exchange, and other products has become one of the quieter frictions in retail market structure. BiFu is now removing one layer of that friction by bringing its assets and trading services under BiNet, a unified asset trading network linking crypto, forex, and related products, according to the original report. The operational change is more than a rebrand. It suggests BiFu’s product stack now sits behind a single interface where traders can move between crypto pairs, currency markets, and potentially other asset classes without switching platforms…

Bitcoin ($BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance. Key points: Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever. Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant. Options traders are hedging for downside in September after months of rangebound $BTC price action. Binance sees record split in Bitcoin spot vs. futures trading Data from onchain analytics platform CryptoQuant released on Friday reveals record readings for Bitcoin futures-to-spot trading volume ratios. The ratio now stands at 7.82, meaning…

The basic multiple-to-Net Asset Value (mNAV) that investors are willing to pay for Michael Saylor’s Strategy has declined by two-thirds over the past two years from 2x to 0.68x. Exactly 24 months ago, Strategy common stock was worth exactly twice the value of its $BTC. For every $1 of $BTC the company owned, MSTR traded at $2. In 2024, there was optimism about Strategy’s ability to positively accrete $BTC for shareholders through successful business operations. As of today, that measure of optimism has declined by exactly two-thirds. Basic multiple to Net Asset Value of MSTR, July 30, 2024-July 29, 2026.…

A major partnership between Japanese financial giant SBI Holdings and the Solana Foundation has sparked debate within the $XRP community, with some investors questioning whether one of Ripple’s longest-standing allies is shifting its blockchain strategy away from $XRP. The concerns emerged after SBI Holdings announced a strategic partnership with the Solana Foundation to build an on-chain financial market originating from Japan. As part of the initiative, SBI R3 Japan will be renamed SBI Solana Global, with the Solana Foundation joining the venture alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). The new entity plans to focus on…

An anonymous trader on Polymarket holds a No position on the CLARITY Act worth about $414,895, roughly 2.6 times larger than the $160,200 in liquidity currently available on the market where it sits. CryptoSlate’s live market data puts CLARITY Act odds near 20% Yes, a number now widely read as Washington’s probability estimate for the bill. The real issue is how much of that 20% reflects a broad crowd and how much comes from one position sitting on a thin book. A number that measures the wrong thing Predictbook identified on Aug. 11 that the account was newly created, with…

On the 18th of August, an outrage sparked regarding reports of unexpected deposits, raising fresh concerns around $HTX. This came after recipients using the exchange platform reported receiving small transfers they never initiated. According to on-chain data, the activities showed recurring Tether [$USDT] payments ranging between 3 and 10 $USDT. The similar amounts and closely grouped timing point toward a repeated transfer pattern rather than typical exchange withdrawals. That pattern becomes significant because several recipients reportedly faced account freezes soon after the deposits arrived. What stood out is that many of those who received these deposits reported being frozen out…

Bitcoin’s price has been sliding for months, but you wouldn’t know it by looking at the miners who bet on artificial intelligence instead of pure crypto mining. The bitcoin miners AI pivot that started quietly a few years ago has turned into one of the more consequential capital-allocation stories in the crypto-adjacent stock market, rewarding companies that redirected their power infrastructure toward AI and high-performance computing while pure-play miners watch their margins shrink. Key takeaways Miners with AI and HPC contracts trade at 12.3 times enterprise value, versus just 5.9 times for pure-play bitcoin miners, according to CoinShares. Bitcoin’s price…

Bitcoin price has continued to trade within a narrow range around the $65,000 mark, but on-chain data suggests large investors are quietly accumulating despite cautious retail sentiment. Fresh whale transactions worth over $127 million, coupled with Santiment data showing continued accumulation by key stakeholders, indicate growing confidence among institutional players. As $BTC approaches a major resistance zone around $66,500, investors are now watching whether sustained whale buying can provide the momentum needed to fuel a breakout toward $71,000. Whale Accumulation Signals Growing Institutional Confidence Bitcoin’s latest on-chain activity suggests that large investors continue to accumulate despite the asset trading below…

The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. According to the Bank of Korea, the central bank participated in the latest round of Project Agora real transaction testing alongside 27 other central banks and private financial institutions, confirming that the platform’s core functions and operating processes worked reliably in an environment designed to mirror real-world payment operations. The exercise covered the Korean won, U.S. dollar, euro, British pound, Swiss franc and Japanese yen. South Korea’s…

A cryptocurrency trader stunned the market by making an incredible $2.85 million profit on the quickly expanding memecoin $CASHCAT from just 1.6 $ETH, which was worth about $3,000 at the time of purchase. In the early phases of the project, the trader purchased 16.3 million $CASHCAT tokens for 1.6 $ETH, according to on-chain data. Taking profits These holdings saw a sharp increase in value over time as the token’s market capitalization and popularity increased. In the end, the trader sold the entire position for 1,527 $ETH, or roughly $2.855 million, earning an incredible 952x return. Although remarkable profits are not…