Author: NBTC

Market Context and Strategic Implications BitGo’s entry into the South Korean market comes at a time of increasing institutional interest in digital assets. As traditional financial institutions and corporations explore crypto exposure, the demand for secure custody solutions has grown. BitGo, which already serves a global clientele, is now positioned to cater to South Korean institutional investors and businesses seeking regulated custody services. South Korea has been a hub for cryptocurrency trading, with retail participation remaining high despite market fluctuations. However, institutional adoption has been slower, partly due to regulatory uncertainties. The VASP license not only legitimizes BitGo’s operations but…

In particular, 2021 saw a similar 53.10% drop, followed by another lower low. Source: CryptoQuant However, $BTC’s MVRV stood at 1.10 at the June bottom. This was less than the 1.55 seen in 2021. A significantly different cost basis potentially reduces pressure on Bitcoin to continue rising. However, if the price falls below $58,535, it would represent a break into new territory and invalidate the assumption that $58,535 represents a low point. Can Bitcoin hold the $58,535 floor? The Bitcoin rally is setting a new course for the current cycle by breaking away from the collapse of 2021, but demand…

The valuation revision came amid a steep decline in IREN shares. On Thursday, the stock touched a new 52-week low of $26.60 before recovering to close 0.56% lower at $30.39, following a 12.18% drop on Wednesday. Shares had fallen 26.4% from their October 6 close of $41.28 through Thursday. Separately, IREN Limited Tokenized bStocks (IRENB) was quoted at $29.26, nearly unchanged over 24 hours, according to CoinMarketCap. IRENB is a tokenized instrument linked to IREN shares, but its 24-hour price changes differ from IREN stock price movements during regular Nasdaq trading hours. IREN’s Expansion Exposes Future Funding to Financing Risks…

Cyber Capital Founder Raises Concerns Over Midnight In a follow-up commentary, Bons challenged Midnight’s decentralization, source-code accessibility, and token distribution. He alleged that Midnight validators switched to closed-source code on September 25 without notifying the public. According to him, the alleged change contradicts the project’s commitment to open-source development. Bons also questioned the distribution of $NIGHT, claiming that two founding entities collectively control approximately 50.25% of the token’s total supply. He claimed the Midnight Foundation currently holds 8.4 billion $NIGHT, representing 35% of the total supply, adding that Midnight TGE Ltd holds another 3.66 billion $NIGHT, equivalent to 15.25%. Furthermore,…

A7A5 Transactions per Hour. Source: Elliptic Meanwhile, at the time of writing, Etherscan shows around 17,600 A7A5 holders on Ethereum, with just 18 transfers in the previous 24 hours. Tron has more than 30,700 holders and recorded 14 A7A5 transfers over the same period. Before Ukraine’s drone strikes—which have been referred to by some commentators as “kinetic sanctions”—the number stood at around 600 transfers per day. According to Robinson, the remaining transactions mainly involve the stablecoin being swapped on decentralized exchanges, such as Uniswap. The platform removed A7A5 from its website in November 2025, but its underlying smart contracts continue…

Adam Livingston’s test of 216 new 52-week bitcoin closing highs shows that waiting for a 30% dip led to a higher modeled purchase price in 61% of cases. Source: Adam Livingston/X. Even Smaller Bitcoin Dips Often Failed to Beat the Earlier Price The same pattern appeared with smaller declines, though the waiting periods were shorter. A 10% dip arrived after a median 14 days, yet the modeled entry exceeded the skipped price in 57% of cases. A 20% drop took a median 44 days and produced a higher entry in 52%. Blackrock notes that bitcoin’s periods of strong performance have…

The Numbers Currently, market data indicates that stablecoins are gaining traction as financial instruments, particularly in regions facing economic challenges. Although exact volume figures are not provided, the overall sentiment suggests a notable increase in adoption and usage, driven by the efficiencies they offer. Traders are closely monitoring developments in this space, with expectations that stablecoins could play a central role in upcoming financial innovations. Stablecoins are digital currencies pegged to stable assets, primarily used for transactions and maintaining value during market volatility. Their rapid adoption is often driven by demand for reliable payment methods in unstable economic conditions. a16z…

The decision hands an EU-level supervisor the reserves behind a token Circle said had $73.3 billion in circulation worldwide at the end of June, up 19% from a year earlier. The largest dollar stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Many individuals can be turned off from large swings and uncertainty presented by cryptos relative to other traditional assets.Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat…

Source: X Chen Fang, BitGo Korea CEO and BitGo Chief Revenue Officer, said the approach reflects a “long-term commitment” to Korea’s regulatory framework. Supporting the move, Abel Seow, Managing Director and Head of APAC Sales at BitGo, stated that there is growing interest in security alongside local regulatory alignment. All together, the approval expands institutional custody competition while showing foreign crypto firms can enter South Korea directly by meeting domestic requirements. $HTX-Kraken compliance dispute deepens As BitGo builds regulated infrastructure for institutions, another exchange dispute shows how those same compliance systems can affect ordinary fund transfers. $HTX, which has been…

Market Snapshot Currently, Base’s price is stable at $0, with no trading volume reported in the last 24 hours. Despite the stagnant price action, the insights from Jesse indicate a potential for increased activity in their financing markets. As more users recognize the benefits of tokenized stocks, we may see a change in trading dynamics on the platform. This could also correlate with broader movements in the cryptocurrency market, which is experiencing varied momentum across major assets. Base is an emerging platform that provides services for tokenized stocks, aiming to enhance liquidity and accessibility in the financial markets. Its focus…