Author: NBTC

Mike Higgins, International CEO of Ripple Prime, was a part of the Ripple Quarterly Webinar hosted by Token Relations, which was held on Monday, June 22.The top executive spoke extensively about Ripple Prime, how Ripple USD ($RLUSD) stablecoin fits into the “Prime Strategy,” and the company’s broader institutional stack. In a recent X post, Higgins highlighted the discussion at the Ripple Quarterly Webinar, which broke down all things about Ripple Prime as “a great conversation.” According to the CEO of Ripple Prime, the lines between TradFi and digital assets are disappearing. In addition, Higgins revealed that $RLUSD and $XRP are…

The CFTC asked the public to weigh in on running standard futures around the clock and on listing perpetual contracts tied to physically delivered energy commodities such as crude oil. The request opens the door to importing the crypto-native perpetual design into the oil and gas derivatives markets. The Commodity Futures Trading Commission issued the request for comment Monday afternoon, organizing it around two questions. The first asks how standard futures, including energy futures, would function on a 24/7 schedule with no change to their fixed expiration, delivery, or settlement terms. The second asks what happens when perpetual contracts reference…

You can now take a leveraged position on a rocket company that has never sold a public share. The mechanics are clever, the demand is obvious, and the pricing problem sitting underneath it is the part nobody is rushing to explain. On June 16, Brian Armstrong unveiled what Coinbase calls the Everything Exchange, a sweeping update that folds crypto, stocks, prediction markets, and futures into a single account. Buried in the announcement was a product that deserves its own conversation: pre-IPO perpetual futures linked to private companies, starting with SpaceX and with OpenAI and Anthropic set to follow. The pitch…

Bitcoin miners significantly increased their transfers to Binance during June. Data suggests that the total miner inflows to the exchange have surpassed 150,000 $BTC. According to CryptoQuant, the figure marks the highest level of miner deposits to Binance in more than four months and points to a sharp rise in activity from wallets associated with mining operations. Massive Miner Transfers Miner inflows had remained relatively moderate in previous months before climbing sharply in June. The latest rise indicates that miners have become more active in moving their holdings to the exchange. This could reflect profit-taking after a period of price…

SBI Group is preparing to issue JPYSC, Japan’s first trust bank-backed yen stablecoin, after securing the necessary regulatory approval. This is yet another major step forward for SBI to offer regulated digital finances in Japan. Before this, SBI secured the necessary regulatory structure to allow for creation via Shinsei Trust & Banking. Following that, SBI positioned JPYSC as a trust-based stablecoin with the purpose of bridging traditional finance to the blockchain infrastructure. Source: Nikkei More importantly, JPYSC aims at institutional use instead of focusing on creating an audience for retail users. It can be used for large-volume settlement, treasury operations,…

It could take centuries to reduce the $XRP supply to 500 million tokens at the current burn rate. The $XRP Ledger has a built-in burn mechanism, but its main purpose is not to make the asset deflationary. Instead, the system mainly aims to prevent spam transactions on the network. Despite this, market participants continue to assess whether the mechanism could eventually help reduce supply and support $XRP’s price over time. How Long to Reduce the $XRP Supply to 500M Currently, $XRP has a total supply of 99.98 billion tokens. Of this amount, 32.74 billion $XRP remains locked in escrow, while…

A rare criminal hit on a gambling influencer A district court in North Savo, Finland, on June 18 convicted Jouko “Pottukoira” Kärkkäinen, 44, of a gambling offense for marketing casinos other than the state monopoly Veikkaus to Finnish audiences on his website, Instagram and Kick between May 2023 and February 2024. The court imposed 80 day-fines totaling about $2,700 (€2,480), plus a roughly $90 surcharge. Kärkkäinen denied wrongdoing, arguing his streams were entertainment rather than commercial marketing, were not aimed at Finland, and that he did not control the website carrying the casino links. The court rejected that, pointing to…

Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members’ agreement document updated on Wednesday. The document now lists a total of 55 restricted jurisdictions whose residents are blocked from accessing the platform. India’s Ministry of Electronics and Information Technology warned virtual private network (VPN) providers in April to stop facilitating access to “illegal and blocked online betting and prediction market platforms.” The development adds to growing regulatory pressure on prediction markets. In May, Spanish authorities blocked access to Polymarket and Kalshi over local gambling laws, while Indonesia blocked access to Polymarket after the…

Well-known analyst Bob Loukas urged investors to remain calm amid Bitcoin’s decline to $59,307 and the liquidation of $1.49 billion in margin positions. The veteran trader emphasized that the industry remains viable, but the market must finally get rid of the illusion of quick profits promoted on social media. In his view, the current wave of selling is a natural final cleanup within the 4-year cyclical model. The main blow from this storm fell on buyers who opened trades with leverage. All the Bitcoin and Crypto FUD flooding the timeline is perfectly normal at this stage of a bear market.Bitcoin…

Gold fell below $4,000 per ounce on Wednesday as traders increased bets that the Federal Reserve may raise interest rates again this year. Yet the stock market avoided the type of broad collapse normally associated with expectations of forceful monetary tightening. If precious metals traders are right about how aggressive the Fed will get to crush inflation, the stock market should be crashing. If stock traders are right that the Fed is more bark than bite when it comes to rate hikes, gold prices should be soaring. They both can’t be right. — Peter Schiff (@PeterSchiff) June 24, 2026 Notably,…