Author: NBTC

BNY, the world’s largest custodian overseeing $59 trillion of assets, is expanding its digital asset custody business to the United Arab Emirates through local partners. According to a Thursday press release, the global financial services giant is working with Finstreet and ADI Foundation to build regulated digital asset infrastructure anchored in Abu Dhabi Global Market (ADGM), the financial free zone in Abu Dhabi that has become a hub for crypto firms and blockchain projects entering the Middle East region. The initiative will initially focus on custody services for cryptocurrencies including bitcoin and ether (ETH), with plans to later expand into…

Cardano (ADA) founder Charles Hoskinson announced that they have signed one of the biggest deals ever for the Cardano and Midnight ecosystem. Hoskinson argued that the collaboration could attract hundreds of millions to billions of dollars in total locked value (TVL). According to a statement by the Midnight Foundation, a strategic partnership has been established with UK-based Monument Bank. Under this partnership, Monument Bank is poised to become the first UK-regulated bank to tokenize individual customer deposits on a public blockchain. The tokenized deposits will be represented as interest-bearing digital assets, fully backed by British pounds (GBP), and will be…

The SEC delayed the launch of more than two dozen prediction market linked ETFs from Roundhill Investments, GraniteShares, and Bitwise, slowing an attempt to package real world event contracts into funds retail investors can trade like stocks. The products were expected to become automatically effective this week after a 75 day SEC review period, but the agency requested more information on fund mechanics and investor disclosures, Reuters reported. The delay is expected to be temporary, according to people familiar with the matter. The proposed ETFs would track event outcomes tied to elections, recessions, tech industry layoffs, and other real world…

Popular economist and global strategist Peter Schiff has criticized Strategy for its recently launched advertisement campaign promoting the STRC stock. Schiff claims the ad has deliberately misleading promotional content that could expose Strategy to legal liability. Is Peter Schiff protecting Strategy? On Monday, March 30, Strategy Chairman Michael Saylor posted the ad on his official X account. He captioned the post, “You weren’t meant to live an uncomfortable life $STRC.” The ad features a smiling woman, sipping a colorful cocktail while checking her phone. The tone is aspirational and luxurious, evoking effortless wealth and happiness. In the video, she explained…

Investors are getting ready to see if CRCL’s recent Agentic Economy narrative really translated into quantifiable growth, as the company prepares for one of its most significant earnings reports to date. The results of Circle’s upcoming May 11 earnings report could have a significant impact on USD Coin, the larger stablecoin market, and the stock itself. The notion that autonomous AI systems, digital payments, and programmable finance will depend more and more on stablecoins like $USDC has been promoted by Circle over the past three months. The idea is straightforward: if AI agents start doing independent online transactions, they will…

Visa said Wednesday it will join Canton Network as the first major global payments company to serve as a Super Validator, deepening its push into blockchain infrastructure aimed at banks and other regulated financial institutions. The role gives Visa a direct hand in validating activity and helping govern the network, which is designed to let institutions use shared blockchain rails without exposing sensitive transaction data. The move targets one of the main reasons large financial firms have been cautious about public blockchain adoption. While open networks offer transparency and interoperability, that same visibility can clash with privacy, compliance, and operational…

The battle for the open Senate seat for the state of Ohio could impact the chances of the CLARITY Act, the crypto-friendly legislation that has been in the works since last year, finally landing this year, according to Galaxy Digital’s Alex Thorn. The race is tightly contested, with Republican incumbent Jon Husted set to potentially face off with former Democratic Senator Sherrod Brown, who’s expected to win his party’s nomination. If Democrats succeed, the CLARITY Act will likely face a far rougher path. Why is Sherrod Brown bad for the CLARITY Act? According to Galaxy Digital’s Alex Thorn, if Democrats…

Arizona’s much-talked-about Bitcoin reserve is now on the verge of a final vote, according to a recent update. Its goal is to establish a state-level stockpile of cryptocurrency in order to diversify the state’s treasury. The state would hold major cryptocurrencies of the likes of Bitcoin and XRP that were seized by law enforcement instead of auctioning them off. Moreover, it makes it possible for the Treasurer to put up to 10% of state public funds into digital assets and even potentially loan them out to generate returns. Hobbs’ veto Notably, Governor Katie Hobbs vetoed nearly identical legislation in 2025.…

The cumulative net inflows of US-traded spot Bitcoin ETFs has reached roughly $59.7 billion, with BlackRock’s IBIT alone holding $66.7 billion in assets. Morgan Stanley and Charles Schwab are now pushing direct crypto trading into ordinary brokerage accounts. The driver is that both firms can already see demand within their own client base, with clients executing trades elsewhere. Charles Schwab’s clients hold about 20% of US spot crypto exchange-traded products, which helps explain the timing. Demand is already concentrated inside Schwab’s franchise, and every trade those clients execute on Coinbase or Robinhood is revenue and behavioral data leaving the brokerage.…

Whale activity in the cryptocurrency market has increased significantly in recent hours, with large-scale transfers and trading transactions becoming the focus of investors. The reactivation of long-inactive wallets and the large-scale asset transfers have sparked discussions about potential market shifts. According to recent developments, a whale that had been dormant for approximately 7 months deposited 51,750 Solana ($SOL) tokens into the Binance exchange for approximately $4.75 million. However, it appears that this investor incurred a loss of approximately $4.37 million with this transaction. It is known that the same whale previously withdrew 50,000 $SOL tokens for $9.12 million and used…