Author: NBTC

The CLARITY Act wasn’t signed into law by July 4 as White House adviser Patrick Witt had hoped earlier this year. Still, the bill isn’t off the table. However, people closely following the negotiations say there’s still a realistic chance it could become law before Congress breaks for the summer. The next major date to watch is August 7, the Senate’s final working day before lawmakers leave Washington and fully shift their focus to the midterm election campaign. Senate Talks Continue Behind Closed Doors Even though Congress isn’t spending much time in session this summer, negotiations are still moving forward.…

Coinbase has officially added GRVT, the native token of a decentralized derivatives exchange, to its listing roadmap. The announcement, made on January 10, 2025, signals that the token is under review for potential trading support on the platform, though a final listing date has not been set. What GRVT Brings to the Table GRVT is the token powering a hybrid derivatives exchange that combines the speed and liquidity of centralized platforms with the self-custody and transparency of decentralized finance. The project has attracted attention for its focus on institutional-grade trading infrastructure, including low-latency order matching and compliance-friendly features. Inclusion on…

U.S. spot Bitcoin exchange-traded funds recorded a total net outflow of $84.9 million on Monday, July 8, breaking a three-day streak of net inflows, according to data from investment research firm Farside Investors. The reversal signals shifting investor sentiment amid ongoing market volatility. Fund-Level Breakdown The outflows were concentrated across major issuers. BlackRock’s iShares Bitcoin Trust (IBIT) saw net outflows of $59.1 million, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) reported $14.9 million in net outflows. Grayscale’s Bitcoin Trust (GBTC) experienced the largest single-day exit at $63.7 million. In contrast, Grayscale’s Bitcoin Mini Trust recorded net inflows of $52.8 million,…

In recent hours, global investment manager BlackRock executed an Ethereum transfer that was reported by onchain data tracker Onchain Lens. According to Onchain Lens, BlackRock transferred 8,700 $ETH, worth nearly $15.81 million, to Coinbase Prime. It will not be the first time BlackRock has moved Ethereum and, likewise, Bitcoin to Coinbase Prime; on July 9, BlackRock moved 951.5 $BTC worth $59 million to Coinbase Prime and the IBIT ETF withdrew 883.6 $BTC (worth $54.8 million) from Coinbase Prime on July 8, but this particular $ETH transaction comes with further details. BlackRock moved 8.7K $ETH worth $15.81M from its ETF wallets…

Vanguard has opened the search for a head of digital assets, creating a senior role that would oversee the firm’s strategy for cryptocurrencies and blockchain-based financial technology. The position, listed within Vanguard Personal Wealth, calls for an executive to develop the firm’s digital asset vision, identify business opportunities and lead execution across product, technology, operations, legal and compliance teams. The candidate will also advise senior leadership on changes in digital asset markets, represent Vanguard in discussions with regulators and industry groups and help shape the firm’s long-term approach. It also highlights other areas of the ecosystem, including tokenization, stablecoins, digital…

Ripple CEO Brad Garlinghouse has taken to social media to react to his company securing a historic five-year sponsorship agreement with the University of Kansas. Garlinghouse mentioned his background in a celebratory post. “Rare moment where my professional and personal worlds collide: $XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater,” Garlinghouse stated. A major deal Notably, this is the first time a cryptocurrency company has partnered with a major NCAA Division 1 athletics program. The $XRP cryptocurrency logo will be prominently featured on the jerseys of the Kansas Jayhawks’…

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1 after public consultation. According to local media, the Supreme Court on July 2 published draft amendments to the Rules on Civil Execution to introduce formal procedures for enforcing claims against digital assets. Public comments will be accepted until Aug. 11 before the rules are finalized. Draft rules define seizure and liquidation process The proposal comes as cryptocurrency ownership and trading…

Why Binance Is Combining Growth and Regulation in One Role Binance Africa shared on X on July 6 that it opened a General Manager position for West Africa. The remote, full-time role sits within the company’s Africa business development team. The hire will develop a growth strategy aligned with Binance’s global objectives and local market conditions. Responsibilities include pursuing new business opportunities, leading market entry strategies, and managing cross-functional teams. Regulatory coordination is central to the role. Binance says the General Manager will work with legal teams on local compliance and coordinate documentation and approval processes with regulatory bodies. Why…

Bitcoin remains in deep value territory after trading below two major on-chain cost-basis levels for about five months, according to Glassnode. The firm said $BTC is still below the True Market Mean near $76,600 and the short-term holder cost basis near $72,200. These levels matter because they track the average price paid by active investors and recent buyers. When Bitcoin trades below both, many market participants hold coins at a loss. Glassnode said this phase can support long-term accumulation, but it has not yet confirmed a market bottom. Bitcoin recently bounced from about $58,300 to $64,400. The move showed short-term…

Vitalik’s Single Slot Finality Proposal Puts Ethereum Settlement Speed Back Under The Microscope is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Ethereum’s rollup roadmap gets most of the scaling attention, but finality at the base layer remains one of the network’s most important user-experience questions. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users,…