Author: NBTC

The community of Polygon holders is now pressing for clarity on whether the recent Polygon Labs profitability push will trickle down to them. One of the token holders, Just Hopmans, said, Polygon Labs is becoming a for-profit payments company, while $POL is roughly 98% below its ATH. Holders have no equity in Polygon Labs and no claim on its future profits. He further posed, How will the success of this company create measurable value for $POL and the Polygon network? Source: X How will $POL holders benefit? $POL, the native governance token in the Polygon ecosystem, was rebranded from MATIC…

Dubai-based crypto exchange Bybit has enabled six tokenized stocks to serve as collateral for margin trading and lending products, expanding the financial utility of blockchain-based equities. The update allows eligible retail and institutional users to use tokenized shares of Nvidia (NVDAX), Robinhood (HOODX), Circle (CRCLX), Tesla (TSLAX), Alphabet (GOOGLX) and Apple (AAPLX) as collateral for margin trading and borrowing through Bybit’s Unified Trading Account, Crypto Loans and Institutional Loans. The feature is available subject to Bybit’s lending terms and product availability. Bybit first introduced xStocks in June through a partnership with tokenization platform Backed, listing more than 60 tokenized US…

Bitcoin-treasury company Empery Digital sold 1,635 $BTC for $102.2 million from July 1 through Aug. 6, leaving it with 1,279 $BTC, according to its latest quarterly filing. Of that total, 954 $BTC was restricted as collateral against $35 million of debt. Subtracting the pledged balance from total holdings leaves 325 $BTC unrestricted, down from 1,375 at June 30. The post-quarter sales rapidly reduced a treasury that had already been used to fund cash needs earlier in the year. Empery sold 1,167 $BTC for $80.1 million during the first half, when it spent $54.0 million on share repurchases, repaid $50.0 million…

Coinbase increased its Bitcoin holdings during the first half of 2026 even as the overall value of its digital asset portfolio declined. The latest figures show the exchange continues to strengthen its Bitcoin treasury while slightly reducing its Ethereum exposure, signaling a cautious shift in its balance sheet strategy as market conditions remain volatile. Bitcoin Holdings Rise While Ethereum Slips As of June 30, Coinbase held 17,311 $BTC, up 12.5% from 15,389 $BTC at the end of 2025. The company added 1,922 $BTC during the first six months of the year, reinforcing its long-term confidence in Bitcoin. Ethereum holdings, however,…

In a recent tweet, Optimism emphasized how onchain finance scales through applications that users already trust. According to their post, this model is viable only if the underlying settlement layer remains reliable during high volume periods. This statement was made in response to insights shared by @inkonchain, indicating a focus on OP Enterprise’s capabilities. What Happened The broader crypto market is currently experiencing mixed signals, with varied momentum across major assets. Optimism’s tweet, which garnered significant engagement with 165 likes and 22 retweets, reflects growing interest in the potential of OP Enterprise to enhance onchain finance. By highlighting the importance…

With $XRP price having returned to a crucial multi-year support level following its 2025/2026 bear market, the token’s withdrawal transactions have spiked to their highest share in more than five years. On July 31, Binance’s seven-day $XRP withdrawal transaction share surged to 55.6%, the highest level since February 2021. Additionally, the same metric across all centralized exchanges hit 54%, also marking the highest share in about 65 months, according to data from CryptoQuant analyzed by pseudonymous crypto trader Amr Taha. 7-day % of $XRP daily deposits/withdrawal transactions. Source: CryptoQuant Concurrently, deposit transaction shares dropped to matching five-year lows of 44.3%…

Bitcoin is approaching a key decision zone as $BTC presses toward $65,400 liquidity while holding above its weekly 200-day moving average near $63,800. A sweep of nearby highs could still trigger a pullback toward $62,800-$63,300, while a sustained break above $68,400-$70,000 would strengthen the broader bullish outlook and signal a larger move may be developing. Bitcoin Nears $65.4K Liquidity as “Staircase Up” Raises Pullback Risk Bitcoin is grinding higher toward a key liquidity area near $65,400, but Kaz’s chart argues that the slow advance may be vulnerable to a sharper reversal. The setup highlights a possible final sweep above nearby…

FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward real estate development. In an Aug. 12 SEC filing, the Nasdaq-listed merchant bank disclosed that it sold all of its digital assets before June 30 and held no cryptocurrency at quarter-end. FG Nexus, previously known as Fundamental Global, announced its Ethereum treasury strategy in July 2025 and launched the digital-asset operation the following month. At its peak, the firm held more than 50,000 $ETH. However, the firm began divesting the holdings this year amid a broader market contraction that significantly impacted digital…

Switzerland Pulls Ahead on Digital Money The Bearingpoint survey, released July 30, questioned more than 4,000 adults across Germany, Austria, and Switzerland. Austria landed in the middle, with 18% of respondents reporting at least occasional cryptocurrency use, reinforcing that the gap is not simply about interest in digital assets but how each market has evolved over time. YouGov conducted the online survey between June 18 and June 29, polling 2,031 people in Germany, 1,003 in Austria, and 1,001 in Switzerland. The sample was weighted by age, gender, and region, providing a representative snapshot of adults in each country. The differences…

In a recent tweet, Optimism highlighted a remarkable revenue opportunity for exchanges leveraging its OP Stack. A top-3 US exchange reportedly secured $75 million in sequencer revenue during the second half of 2025 by operating its own chain on this technology. This insight illustrates the advantages of ownership in the blockchain space, as detailed in their tweet. What Happened The broader crypto market is currently exhibiting mixed signals, with varying momentum across major assets. In this context, Optimism’s revelation about its OP Stack’s potential stands out. By owning their infrastructure, exchanges can retain 100% of their revenue while having the…