Author: 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.
Dogecoin’s top rich addresses. Source: Bitinfocharts With Dogecoin’s current circulating supply at about 156.39 billion, these 13 wallets account for approximately 46.19%. This trove is valued at about $5.74 billion. The top four largest holders of $DOGE belong to crypto exchanges. At the time of publication, Robinhood-ColdWallet, likely controlled by Robinhood Markets, Inc. (Nasdaq: HOOD), had roughly 27.16 billion Dogecoin worth $2.155 billion. Top 4 $DOGE holders. Source: Bitinfocharts Meanwhile, Upbit-ColdWallet and Binance owned addresses held nearly 11.68 billion and 10.9 billion $DOGE, respectively. The defunct cryptocurrency exchange Cryptsy still holds about 5.03 billion $DOGE, with a market value of…
Perps allow traders to speculate on the future price of an asset with a typically leveraged position, and the contracts don’t come with a built-in expiration. But CME, which operates the leading global venues for derivatives trading, has insisted the contracts are not futures, because they have no end date. They’re really swaps, the company’s argument would have it, which would come with an entirely different regulatory approach. Spokespeople for CME didn’t immediately respond to a request for comment on the CFTC’s latest filing. The CFTC first asked a federal judge to dismiss CME’s case last month, and this latest…
Tether loses nearly $5 billion across crypto exchanges as USDC and RLUSD rivals pay to win liquidity
Across the wider market, $USDT’s circulating supply fell $647 million, or 0.4%, to about $184 billion during the quarter. Meanwhile, $RLUSD rose 59% to $2.5 billion, while $USDC gained $687 million. Stablecoin Market Performance in Q3 (Source: Crystal Intelligence) The changes reflect growing competition for cryptocurrency trading balances, as issuers and their distribution partners offer financial incentives to exchanges and customers who hold their tokens. Crypto exchanges increasingly profit from stablecoin holdings The competition has become especially visible in cryptocurrency derivatives markets, where stablecoins serve as trading collateral and can generate additional income for platforms that hold customer deposits. Hyperliquid,…
At Sibos 2026, DTCC’s Nadine Chakar and Chainlink’s Sergey Nazarov engaged in a compelling discussion about tokenization’s nuances. Their insights shed light on how tokenization can reshape financial services and influence market dynamics. This conversation underscores the critical role Chainlink plays in bridging traditional finance with blockchain technology, which could enhance institutional adoption. What Happened The conversation between Nadine Chakar and Sergey Nazarov at Sibos highlights a growing interest in the potential of tokenization in financial markets. Tokenization, the process of converting rights to an asset into a digital token on a blockchain, can streamline processes and enhance liquidity. As…
The contrasting positions emerged as Bitcoin struggled to recover from October’s selloff. The cryptocurrency traded near $81,300 at press time, more than 2% lower than the previous week. The divergence leaves Bitcoin exposed to renewed volatility if spot selling persists and leveraged traders are forced to reduce positions, particularly as investors prepare for another Federal Reserve interest-rate decision later this month. Bitcoin options signal growing caution despite subdued price swings Glassnode’s options data show investors are placing greater value on protection against further losses even as Bitcoin’s recent price movements have become relatively subdued. The firm’s implied-versus-realized volatility spread shifted…
London’s trading industry is coming home! No Deposits, No Loans Ramp filed the application on October 16. The trust bank “will not take deposits or make commercial loans,” the company said. Checking deposits for Ramp customers are held at First Internet Bank of Indiana. The investment account is managed by Moment Advisors, with assets held at Apex Clearing. The company said the charter would bring the new services under “a consistent federal regulatory framework.” Ramp reports about 85,000 business customers and annualized revenue above $2 billion. The company was valued at $8.1 billion in 2022, when it raised $750 million…
Despite $XRP’s longstanding status as a well-known digital asset, it had not previously operated an official and dedicated X account. The new account’s arrival was seen as a notable step toward strengthening the token’s identity on major social platforms. For over a decade, Ripple and countless contributors have been building on the $XRP Ledger, supporting one of the industry’s earliest decentralized payment solutions, as the new account aims to expand its online reach. Management and technical background The account description indicates that both Ripple and the $XRP Ledger Foundation (XRPLF) will jointly manage the @$XRP account. The profile explains, “$XRP…
Token Metrics The regulatory landscape for crypto in the Czech Republic has evolved significantly over the past three months since the MiCA transitional period ended. The presence of 11 licensed providers marks a critical step toward a more secure environment for crypto investments. New applications signal that firms are keen to align with regulatory expectations, which could potentially reshape market dynamics as compliance becomes a priority. However, the ČNB’s cautionary message regarding unlicensed operations underlines the ongoing risks that remain for investors. The Czech National Bank serves as the primary regulatory authority overseeing financial institutions and market activities in the…
The rollout extends Custom Pairs, which Pump.fun launched Sept. 9. That feature broadened launch pairings beyond SOL and $USDC to assets including tokenized public stocks, bitcoin and ether. Under Custom Pairs, creator fees are paid in the quote token, Pump.fun’s FAQ says. What Backs the Exposure PreStocks markets its tokens as “fully backed.” Its terms of service say tokens are intended to be collateralized by corresponding economic exposure. That can include interests in special-purpose vehicles, funds or custodial arrangements, as well as derivatives, synthetic arrangements, cash, stablecoins or other tokens. The terms allow the collateral mix to change without notice…
The offering combines three products: The World ID app, an identity wallet that gives people a secure place to claim, manage, and present a set of verified “Proofs” needed to navigate digital services in the age of AI. World ID for Zoom, built for real-time communication, which lets participants on a video call confirm they are speaking with a real human rather than a deepfake. World ID for Agents, which allows a person to establish Proofs about themselves and delegate them to an AI agent. The agent can then confirm those Proofs to a third-party platform on the person’s behalf.…