Author: NBTC

Garlinghouse Positions $XRP Within Institutional Payment Infrastructure Institutional settlement remains central to Ripple’s strategy, with Brad Garlinghouse discussing $XRP as a key part of the company’s broader technology stack during a June 26 CNBC interview. He emphasized the crypto asset’s role in enabling faster and more efficient transactions for financial institutions operating within existing payment systems. The chief executive highlighted that Ripple processed approximately $16 trillion in annual payments and clearing activity across businesses added through acquisitions, while transactions involving digital assets accounted for “close to zero percent” of that volume. He said the gap illustrates the opportunity to bring…

Andy Burnham, the Labour Party Mayor of Greater Manchester, is gaining attention as a potential successor to UK Prime Minister Keir Starmer, amid growing speculation that Starmer may step down before the next general election. Burnham, a prominent pro-cryptocurrency figure within the party, has positioned himself as a modernizer with a focus on digital innovation. Background and Political Context Keir Starmer, who has led the Labour Party since 2020, faces increasing pressure from within his own party over policy direction and electoral strategy. While no official resignation has been announced, political analysts suggest the most likely scenario is that Starmer…

Ripple, a developer of blockchain-based payment solutions, has taken a significant step towards expanding its operations in the European Union market. The company announced that it has received preliminary approval from the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s financial regulatory body, for a Crypto Asset Service Provider (CASP) license, which is required under the European Union’s Crypto Asset Market Regulation (MiCA). According to a statement by Ripple, the company will obtain a full CASP license after fulfilling the remaining requirements in the licensing process. This will allow Ripple to offer crypto asset services to financial institutions and businesses…

Bitcoin has closed a weekly candle below its 200-week exponential moving average for the first time in the current cycle, a development that has rattled markets but one that analyst Benjamin Cowen says follows a historically familiar pattern. This Has Happened Before The last time Bitcoin closed a weekly candle below the 200-week EMA was June 2022, during the depths of that cycle’s bear market. Cowen argued that the current hand-wringing about the four-year cycle being broken or this time being different misses the point. The same pattern has played out repeatedly across prior cycles, and overcomplicating it does not…

Ethereum amplified a post by @zama announcing the launch of the Steakhouse Confidential Prime $USDC Vault on Morpho. This new vault allows users to deposit confidential $USDC (cUSDC) and positions $USDC favorably in the competitive DeFi landscape. More details can be found in the original tweet by Ethereum. The Story So Far The introduction of the Steakhouse Confidential Prime $USDC Vault on Morpho marks a significant development in decentralized finance. Users can now deposit confidential $USDC, enhancing the liquidity and lending capabilities of this stablecoin. Given that $USDC has recently gained traction, especially as it surpassed Tether in transaction volume…

TL;DR On-chain records were reported as showing Machi Big Brother liquidating BAYC-related assets to defend leveraged $ETH exposure. The discovery pack described the activity as linked to Hyperliquid $ETH long positions. Risk note: Do not speculate on personal finances or make claims beyond visible wallet and position data. https://x.com/AlexBayarchyk/status/2071105539686158804 Loading Tweet… View original post on X Nft sales and leveraged eth exposure show how quickly margin stress can become visible on-chain On-Chain Data Tracks Machi Big Brother $ETH Leverage Defense on Hyperliquid is a timely crypto-market story because it gives readers a clear signal to watch without leaning on hype…

For a while now, Strategy has been the subject of community scrutiny, and now Zach Pandl, Head of Research at Grayscale, has added his voice. According to Pandle’s recent X post, Strategy had to make a crucial financial decision the following week. He anticipates that to attract investors and generate new funds, the company will raise the dividend on its STRC preferred shares by 50 basis points. Grayscale’s head of research adds to the chatter Nevertheless, this would also add to Strategy’s fixed financial commitments and possibly erode investor confidence by increasing its dividend obligations by about $100 million over…

Sonic [S] surged by over 18% in the past 24 hours at press time, following a revival in trading activity and interest in the token. The daily trading volume has confirmed the increased user involvement as it rose by 558% to about $60 million. On the 26th of June, the altcoin’s price dropped 12%, triggered in part by the resignations of Sonic Labs executives Michael Kong, Andre Cronje, and David Richardson. In response, new CEO Matt Visser has outlined fresh initiatives aimed at stabilizing the token’s long‑term value. Sonic suspends annual token inflation, fuels chain activity As per Sonic Labs’…

In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision of the CLARITY Act. The fight is not really about crypto. It is about whether stablecoins are allowed to compete with bank deposits, and the answer could reshape both industries. In the days leading up to a pivotal Senate Banking Committee vote on the CLARITY Act, the American Bankers Association mounted an extraordinary lobbying blitz, sending more than 8,000 letters to Senate offices in less than a week. The target was not the bill as a whole, much…

Mode Trade has announced the listing of five new RWAs, including popular stocks like $AAPL, $AMZN, and $MSFT. This development comes as the broader crypto market exhibits mixed signals, creating a unique trading environment for participants. More details can be found in the official announcement from Mode Network. The Story So Far The recent launch of five new RWAs on Mode Trade marks a significant development for traders seeking to leverage their positions on major stocks like $AAPL, $AMZN, $MSFT, $SAMSUNG, and $LITE. With the option to trade these assets with up to 10X leverage, traders are presented with new…