Author: NBTC

Evernorth CEO Ashish Birla says blockchain is no longer a futuristic concept but a technology solving real financial problems today. Tokenization As The Next Big Shift In a National Cryptocurrency Association podcast on June 17, Birla highlighted that blockchain’s core value lies in removing intermediaries and replacing them with decentralized trust. Instead of relying on platforms such as PayPal ) to move money, users can send stablecoins directly through blockchain rails, enabling faster and cheaper global payments. He pointed to stablecoins as one of the clearest examples of blockchain adoption, noting that dollar-backed tokens are especially important outside the U.S.,…

The US Senate is scheduled to vote on confirming Kevin Warsh to the Federal Reserve Board of Governors today at 3:00 PM EST, the final procedural step before he takes over as the next Chair of the Federal Reserve. If confirmed, as widely expected, Warsh will replace Jerome Powell, whose term concludes on May 15, 2026. This isn’t Warsh’s first time at the Fed. He served as a Governor from 2006 to 2011, joining at age 35 as the youngest appointee in the institution’s history. But his second act comes with a twist that has the crypto world paying very…

Jim Cramer has praised Space Exploration Technologies Corp. (NASDAQ: SPCX), popularly known as SpaceX, after it surpassed the $200 mark for the first time since its mega initial public offering (IPO) In an X post on June 16, Cramer referred to SpaceX as a ‘Monster’ after the stock outshined his expectations. As SpaceX prepared for its latest IPO last week, Cramer cautioned SPCX investors about a potential repeat of a bust like Cerebras Systems Inc. (NASDAQ: CBRS), as Finbold reported. As such, Cramer has criticized SPCX surge, whereby he suggested that they have become a meme stock due to a…

IOG CEO and founder Charles Hoskinson has publicly welcomed Filecoin into the Cardano ecosystem. The move signals stronger momentum toward cross-chain collaboration. Notably, Hoskinson’s remarks follow a new infrastructure upgrade that introduces Filecoin-backed storage capabilities for Cardano developers. Accordingly, builders can now benefit from improved reliability, verifiable storage, and seamless scalability without changing their existing workflows. Key Points Charles Hoskinson has welcomed Filecoin into the Cardano ecosystem, describing it as one of the industry’s original players. A new storage upgrade by Blockfrost leverages Filecoin to deliver decentralized, resilient data storage for Cardano-based dApps. Filecoin already functions as a backup layer…

The Enforcement Directorate has filed a prosecution complaint in a cryptocurrency fraud case involving more than $20 million in stolen digital assets and has attached assets worth about INR 64.55 crore (approx. $6.83 million) linked to the alleged proceeds of crime. According to the agency, the complaint names Chirag Tomar, Pankaj Tomar, Kushagra Shakya, Akash Vaish, Rahul Anand, Ketan Luthra, Tomar Group of Industries Private Limited, and Exahomes Realtors. The case stems from allegations that cryptocurrency investors were tricked through fake websites designed to resemble the U.S.-based crypto exchange Coinbase. Investigators alleged that Chirag Tomar, who is currently in custody…

Kraken has launched onchain token trading inside its main app, giving eligible users in the US and more than 100 countries access to nearly 2,500 Solana based tokens. The feature allows users to trade onchain assets directly through Kraken without setting up a separate wallet, managing seed phrases, bridging assets or switching between apps. Trading is available in USD or USDC, with onchain holdings shown alongside users’ existing Kraken portfolios. The launch marks a deeper push by Kraken into DeFi access, while keeping the experience closer to a centralized exchange interface. Many tokens first gain liquidity on decentralized exchanges before…

Nasdaq-listed Bitcoin mining company Bitdeer has confirmed it mined 218.1 $BTC this week and subsequently sold the entire amount during the same period. The company now holds a zero-Bitcoin balance on its treasury. Immediate Sale Strategy Raises Questions Bitdeer’s decision to liquidate its entire weekly production marks a notable shift from the broader industry trend of accumulating mined Bitcoin as a long-term treasury asset. The company has not publicly detailed the reasons behind the immediate sale, but market observers point to several possible factors including operational cost coverage, debt servicing, or a strategic pivot toward cash liquidity. The move comes…

Centrifuge and IOSG Ventures have announced a strategic partnership aimed at accelerating the adoption of tokenized real-world assets across Asia. The agreement comes at a time when institutional interest in blockchain-based financial products is rising rapidly across the region. Partnership scope Through this collaboration, Centrifuge will provide the tokenization infrastructure and fund management technology, while IOSG Ventures will leverage its regional network of institutional investors, family offices, and digital asset firms to broaden the reach. The partners believe their combined strengths can make it easier for Asia’s financial institutions to enter the tokenized assets sector. IOSG Ventures is recognized as…

Ray Dalio, founder of Bridgewater Associates, said that Bitcoin ($BTC) is not behaving as a “safe haven” asset as many investors expect. Dalio stated that Bitcoin’s lack of privacy, the fact that transactions are traceable and potentially controllable, and its high correlation with technology stocks are among the main reasons for this situation. According to Dalio, when stress increases in the markets, investors turn to selling Bitcoin to create liquidity. The renowned investor also argues that the Bitcoin market is relatively small and therefore more easily influenced, while gold maintains its central role due to its wider reach and established…

SpaceX’s first week as a public company is starting to look less like a conventional stock-market debut and more like a high-leverage crypto asset. Shares of Elon Musk-led company, trading under the ticker SPCX, extended their post-IPO rally Tuesday as investors piled into one of the smallest public floats ever attached to a company valued in the trillions of dollars. The stock rose as much as 13% to $210 in early market trading, according to Yahoo Finance data. This frenzy has also crossed into digital-asset markets, where SPCX-linked perpetual futures have become one of the busiest contracts across crypto trading…