Author: NBTC
Shiba Inu has failed to attract the interest of any mainstream asset manager for ETF applications despite being the second-largest meme coin in the market. Notably, Shiba Inu secures this spot with a market cap of over $9 billion, much larger than the rest of the assets below it. Yet, no asset manager has filed for a Shiba Inu ETF. This has triggered concerns, especially as the smaller meme coins continue to secure ETF filings. Shiba Inu Lacks ETF Interest Despite Current Position Since January 2025, asset managers have rushed to file ETF applications tied to meme coins. Dogecoin (DOGE)…
Companies looking to issue stablecoins should rein in their enthusiasm, especially when their main business is unrelated to digital assets, Hong Kong Monetary Authority (HKMA) CEO Eddie Yue, wrote in a blog post on the central bank’s website. Some companies that don’t have a business that is related to stablecoins — tokens whose value is pegged to other assets such as fiat currencies — or digital assets have announced their intention to develop a stablecoin business. As a result, “stock prices have risen, stock trading volume has increased, and the company’s reputation has also been greatly improved,” Yue said in…
In a significant development for cryptocurrency investors, South Korean crypto exchange Upbit recently announced a crucial decision impacting holders of Horizen (ZEN) tokens. The platform has officially suspended ZEN withdrawals, citing the termination of the Horizen network as the primary reason, rendering transaction processing unavailable. This news has understandably sent ripples through the community, prompting questions about the future of Horizen and the safety of digital assets on centralized exchanges. Understanding the Impact of Suspended ZEN Withdrawals When a major exchange like Upbit halts withdrawals for a specific asset, it’s a serious event. For users holding Horizen (ZEN) on Upbit,…
Bitcoin’s cryptographic security is under serious threat with the rise of quantum computers. Casa CTO Jameson Lopp and five developers have proposed a new defensive shield for the BTC network to counter this threat. The new Bitcoin Improvement Proposal (BIP), presented in San Francisco, aims to create a post-quantum address security system. Its most notable proposal: freezing the approximately 1 million Bitcoins believed to belong to Satoshi Nakamoto, which have been dormant for years. Experts say that with the development of quantum computers, methods like Shor’s algorithm could reverse-engineer private keys once sufficient processing power is available. According to Deloitte…
AILayer is excited to announce its groundbreaking collaboration with DotSwap to revolutionize the future of decentralized finance (DeFi). This partnership represents a remarkable step forward to infuse artificial intelligence (AI) with the next-generation protocols of blockchain. This initiative aims to redefine the interaction of users with Bitcoin DeFi. 🤝 #AILayer is excited to announce a partnership with @dot_swap!DotSwap is the next evolution of decentralized trading — a one-stop DeFi hub for all Bitcoin-native assets: Runes, BRC-20, ARC20, and CAT20.Together, we’re unlocking the future of AI-powered Bitcoin DeFi. 🚀… pic.twitter.com/6C3ILUAE5F — AILayer (@AILayerXYZ) July 23, 2025 AILayer, an AI infrastructure for…
Ethereum may have just temporarily halted its ambitious ascent to the $5,000 mark. The second-largest cryptocurrency has shown signs of a sharp reversal candle on the daily chart following weeks of unbroken growth, which has sparked worries that the momentum driving its parabolic rise may finally be waning. Overheated technicals, such as an RSI well above 80 – which is usually a sign that the asset is substantially overbought – are in line with the most recent rejection at about $3,800. As a classic indicator of waning bullish conviction, volume, which had been increasing steadily throughout the breakout, has also…
U.S. President Donald Trump’s rhetoric toward Fed Chair Jerome Powell appeared to stoke volatility in the crypto market on Wednesday, as investors weighed whether he could soon fire the official. The price of Bitcoin rose as high as $119,500, then fell to around $119,000—yet it’s up even higher now to $119,650, currently up 2% over the last day per data fromCoinGecko. The market moves came as Trump again criticized the Federal Reserve chairman, yet pushed back against the notion of firing Powell in front of reporters. “We’re not planning on doing anything,” Trump said, after being asked about plans to…
XRP, the popular Ripple-linked cryptocurrency, is currently stealing the spotlight with its enormous rally. The third-largest coin reached a new peak of $3.65 earlier today, according to CoinGecko data. However, there is one major token that is vastly outperforming XRP. Stellar (XLM) has soared by a staggering 63% in just seven days, outstripping the rest of the market. For comparison, XRP is up by 39% over the same period of time. XLM is currently the best-performing token in the CoinGecko top 100 on a weekly basis. Bonk (BONK) and Pudgy Penguins (PENGU) have surged by 52% and 45%, respectively, over…
Ripple’s quest for a national trust charter reveals intriguing details in Federal Reserve documents. Namely, under the section 12 CFR § 262.3, it’s stated that the Fed must publicize the application and generally has a 90-day review window for filings. However, the more interesting part is the fact that the Fed has the authority to bypass standard notification periods if it deems a proposal essential for averting a crisis or is required, during an emergency. Analyses suggest that if the Fed sees Ripple’s charter as systemically important, it could expedite approvals outside the typical 90-day window. Ripple Labs filed for a national trust…
Cryptocurrency exchange Bybit has formed a strategic partnership with Cactus Custody, a digital asset custodian under Matrixport Group, as per the information shared with Finbold on July 23. 🔔 @Bybit_Official partners with Cactus Custody to boost institutional trading efficiency and security. 🛡️ Secure institutional custody, no pre-funding, lower risk, full liquidity. Learn more https://t.co/5ORQArDns4 pic.twitter.com/3uU0zNklVH — CactusCustody (@CactusCustody) July 23, 2025 The collaboration introduces an off-exchange settlement solution via Cactus Oasis, designed to enhance asset security and capital efficiency for institutional clients. The integration will go live on July 28, 2025. The partnership allows institutional and professional clients to trade…