Author: NBTC
The long delay around the CLARITY Act is finally easing. On March 20, Senators Thom Tillis and Angela Alsobrooks said a deal has been reached with White House support on stablecoin rules. The agreement bans earning passive yield on dollar-backed stablecoins but still allows rewards tied to actual use, like payments and transfers. With that sorted, the Senate Banking Committee is now aiming to move forward by late April. Here are five reasons that could help drive $XRP’s next phase of growth and shape global finance: $XRP’s Legal Status Could Be Locked In One of the biggest impacts is $XRP’s…
Polymarket’s daily fee revenue crossed $1 million on April 1, just two days after the platform expanded taker fees to nearly all market categories. The surge, up from $696,000 on March 31, followed the March 30 rollout of variable taker fees across politics, finance, economics, culture, weather, and tech markets. From Growth Play to Revenue Machine Polymarket previously charged fees only on crypto and sports contracts. The updated structure applies a dynamic, probability-based model in which fees peak at 50% probability of the outcome and drop near the extremes. Crypto markets carry the steepest rate at 1.80%, while sports remain…
Gordon Johnson of the Wall Street analyst firm GJL Research had few words of comfort for his followers and even fewer of praise for the Federal Reserve once the February import prices data came out on March 25. Specifically, figures showed that import prices in the second month of 2026 rose by 1.3% and export prices by 1.5%, while the expected change for both was at 0.6%. Johnson took particular note of the fact that the increase covers the period before the start of the Iran war, implying dread about how the March numbers might look given the oil prices.…
Michael Selig, US President Donald Trump’s nominee leading the Commodity Futures Trading Commission (CFTC), said the agency was prepared to oversee the entire $3 trillion crypto industry, with no timeline for Congress to pass a crucial market structure bill. In a Wednesday statement about his first 100 days as CFTC chair, Selig said that the commission was “ready to take responsibility” for the crypto market and reiterated his claim that it was the sole regulator to oversee prediction markets. His comments come as the US Senate considers the CLARITY Act, a crypto market-structure bill that has been effectively stalled in…
In May 2025, Hyperliquid posted a stark reality check. Binance was doing $176.3 billion in daily volume. Hyperliquid had just hit an all-time high of $22 billion. The math was simple and humbling – it would need to grow eight times over to be in the same conversation. That was less than a year ago. From 8x Behind to Binance-Comparable Volume According to Hyperliquid Hub, HyperCore now processes between 2 and 4 billion orders every single day – more than 7,500 transactions per second and 119,330 orders per second. Open interest has crossed $8 billion. There are 245,259 active traders…
Analysis of ark invest trades shows ARK shifting toward healthcare AI as Tempus AI becomes a top holding amid trims of Meta and Roku. In a fresh round of ARK Invest trades, Cathie Wood rebalanced several flagship ETFs by cutting exposure to big tech and adding to a high-conviction healthcare AI name. ARK cuts Meta position after trial and layoffs Cathie Wood‘s ARK Invest trimmed its Meta position on Wednesday, March 25, redirecting capital toward healthcare-focused artificial intelligence. However, the move came as Meta faced both legal and operational headwinds in the United States. Across three funds, ARK sold 3,578…
A critical bill that could allow Arizona to hold cryptocurrencies, including $XRP, has recently made significant progress. In a landmark development, Arizona Senate Bill 1649 (SB1649) has cleared the House Rules Committee and is now headed to a full House floor vote. This progress follows an earlier milestone when the bill, introduced by Mark Finchem, passed the Senate Finance Committee with a 4–2–1 vote. Key Points Lawmakers in Arizona are advancing a bill that would allow the state to hold cryptocurrencies, including $XRP, in a strategic reserve. The legislation has cleared the House Rules Committee with support from eight lawmakers…
Fresh on-chain data shows significant movement of billions of Shiba Inu ($SHIB) tokens across centralized exchanges, drawing increased attention from market observers. Blockchain analytics platform Arkham Intelligence reported that 4.8 billion $SHIB flowed into exchanges in the past 24 hours, worth roughly $27,000 at current prices. The transfers occurred on the first days of April, a month that historically delivers mixed but occasionally positive performance for the memecoin. Notably, several entities, including Revolut, Binance, and Bithumb, contributed to the net flow of nearly 5 billion $SHIB tokens into exchanges. Key Points More than 4 billion Shiba Inu tokens moved into…
Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S. market structure legislation would be a setback for Circle (CRCL) but not a fundamental threat to the investment case. “We view this development potentially (but not necessarily) as a scaling setback, but not a thesis killer,” wrote analysts led by Peter Christiansen in the Tuesday report. The draft bill allows narrowly defined rewards programs as long as they don’t resemble bank deposit interest, the analysts said. A broader ban on third-party rewards would not directly affect Circle’s net revenue, as the firm already passes…
BitGo has launched a new institutional service that lets clients mint, redeem, and manage stablecoins from within a single platform. The rollout begins with support for $USD1 and SoFiUSD, extending BitGo’s push deeper into stablecoin infrastructure. BitGo is moving further into the stablecoin plumbing business, this time with a product aimed squarely at institutions that want issuance and redemption built into the same workflow as custody and asset operations. The company said its new service will allow institutional clients to mint, redeem, and manage stablecoins and other digital assets directly through its platform. The initial launch includes support for $USD1,…