Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Evernorth COO Says Japan's XRP Future Hinges on Solving a Chicken-and-Egg Dilemma

AltcoinsAug 4

Evernorth COO: Japan's $XRP 'Chicken-and-Egg' Dilemma Could End as Tokenization Accelerates Japanese financial institutions remain optimistic about $XRP's long-term potential, but adoption continues to be held back by what Evernorth Chief Operating Officer Meg Nakamura describes as a classic chicken-and-egg dilemma. Speaking at WebX Asia 2026 in Tokyo, Nakamura said many banks and financial firms recognize the value of blockchain-powered finance, yet few are prepared to be the first to make significant investments without seeing broader institutional participation. According to Nakamura, the hesitation stems from a self-reinforcing cycle: institutions want proof that their peers have embraced $XRP before committing capital,…

U.S. SEC Prepared to Draft Own Crypto Rules if CLARITY Bill Stalls in Congress

LegalAug 4

The U.S. Securities and Exchange Commission (SEC) has indicated that it is prepared to establish its own regulatory framework for cryptocurrencies if the proposed CLARITY bill fails to pass through Congress. The statement, reported by Watcher.Guru, signals a potential shift in the agency’s approach to digital asset oversight, moving from enforcement-based actions toward formal rulemaking. What Is the CLARITY Bill? The CLARITY (Clarity for Digital Tokens) Act is a legislative proposal aimed at providing a clear legal classification for digital tokens and cryptocurrencies. Currently, the SEC has relied heavily on enforcement actions against crypto firms, often using the Howey Test…

The Engine Behind Crypto’s Derivatives Dominance

ExchangesAug 4

The world’s most traded crypto instrument isn’t spot bitcoin or ether. It’s a derivative that didn’t exist before Arthur Hayes and his co-founders shipped BitMEX’s original perpetual swap in 2015. According to CoinDesk, these “perps” have since grown into one of the most exchanged financial products globally, and their design has spawned an entire shadow banking system for digital assets. Understanding perps is not just about knowing a futures contract without an expiry date. It’s about grasping the synthetic leverage machine that now sets the tempo for crypto price action across exchanges. Perpetual futures are a clever mechanism. Unlike traditional…

Bitcoin CVDD Model Shows Price Likely to Bottom Near $48K

BitcoinAug 4

The Bitcoin CVDD model that has historically nailed the bottom now indicates that the premier crypto asset has a local base at $48,000. Bitcoin ($BTC) dropped under $60,000 on June 5, breaking below its February low of $60,130. While its price has recovered to $65,000, the decline may have done more than shake market confidence. According to on-chain data highlighted by CryptoQuant analyst Axel Adler Jr., the move pushed a key behavioral metric into a territory historically associated with capitulation phases. Additionally, a separate valuation model now points to $48,000 as the cycle’s possible price bottom. The Bitcoin Drop to…

Bitcoin Blasts Past $65K as Soft Inflation Ignites Stocks, Gold and Crypto

RegulationAug 4

Producer Prices Cool, Fed Bets Shift The Bureau of Labor Statistics released the June Producer Price Index (PPI) at 8:30 a.m. Eastern time. The headline number came in at 5.5%, below consensus estimates and down from prior readings. Lower producer prices tend to feed into consumer inflation over time. With June CPI already showing signs of moderation, traders read the PPI print as another sign the Federal Reserve has room to cut rates later this year. Treasury yields eased slightly in early trading, a move that typically supports higher valuations for stocks and crypto. Companies with heavy energy or commodity…

Solana Trust ETP Debuts on NYSE, Bolstering Institutional Interest

AltcoinsAug 4

Morgan Stanley has launched the Solana Trust ETP, which began trading on NYSE Arca this week, providing investors a regulated vehicle to gain exposure to Solana without directly handling the cryptocurrency. This launch is significant as it reflects the growing acceptance of crypto assets in traditional finance, particularly among institutional investors. The impact on the market could be substantial as more financial products like this enter the space, enhancing liquidity and credibility for Solana. Inside the Move The recent developments around Solana showcase its growing footprint in the crypto and financial markets. Morgan Stanley’s Solana Trust ETP is a notable…

South Korea advances crypto bill as 22% tax nears

LegalAug 4

South Korea’s Financial Services Commission told the National Assembly ahead of a July 29 policy briefing that it plans to prepare a consolidated Digital Asset Basic Act with the ruling Democratic Party. The proposed framework would cover stablecoins, exchanges, disclosures, internal controls and system resilience. Separately, the National Assembly’s Finance and Economic Planning Committee was scheduled to table an opposition amendment seeking to remove the crypto income tax before its Jan. 1, 2027 start date. Neither proposal has changed current law. South Korea stablecoin bill would unify 10 proposals The FSC’s planned bill would establish rules for stablecoin issuance and…

X Money launches US payments with yields up to 6%

ExchangesAug 4

X Money has begun rolling out to Premium and Premium+ subscribers in the United States, adding deposit accounts, instant transfers, and a Visa debit card directly to the social media platform. X Money brings banking tools inside the social platform X Money combines peer-to-peer payments with financial services commonly offered by banks and digital payment applications. Users can send funds instantly to other X accounts without paying a transfer fee. The service also includes interest-bearing deposit accounts with annual percentage yields of up to 6%. Eligible purchases made through the X Card, a Visa debit card connected to the account,…

Startale Group Joins SBI and DigiFT to Tokenize a $1.3 Billion Equity Fund With JPYSC Stablecoin

RegulationAug 4

Bridging the Gap in Digital Capital Markets SBI Group, DigiFT, and Startale Group announced a joint initiative demonstrating how JPYSC, a trust-based Japanese yen stablecoin, can support the complete lifecycle of tokenized securities. The successful proof-of-concept (PoC) trials, conducted on an Ethereum testnet environment, showcased instant settlement for tokenized fund subscriptions and automated, on-chain dividend distributions. The joint initiative aims to solve a persistent bottleneck in the digital asset space. While tokenized real-world assets ( RWAs) have grown rapidly, the actual cash settlements and dividend payouts for these assets typically still rely on traditional, slower banking infrastructure. By integrating JPYSC…

NEAR Protocol Launches Nearcore 2.13 with Quantum-Safe Enhancements

AltcoinsAug 4

$NEAR Protocol has launched the Nearcore 2.13 release, which introduces significant upgrades to bolster the network’s cryptographic durability and capacity. Notably, the integration of NIST-approved FIPS-204 signing enhances security against potential quantum attacks. Additionally, dynamic resharding simplifies capacity management, promising improved scalability for $NEAR’s ecosystem. This advancement could attract more users and developers to the platform as it prepares for future challenges. Breaking It Down The broader cryptocurrency market is witnessing mixed signals, with $NEAR Protocol making a notable move in this environment. The recent Nearcore 2.13 release focuses on crucial capacity and security upgrades, particularly with the implementation of…