Author: NBTC

Japanese financial conglomerate SBI Holdings and Web3 infrastructure company Startale Group have signed a memorandum of understanding (MoU) to develop a fully regulated Japanese yen-denominated stablecoin, targeting tokenized asset markets and global settlement, the companies said in a press release shared with Cointelegraph. Under the MoU, the project will be issued and redeemed by Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank. At the same time, the licensed crypto asset exchange service provider, SBI VC Trade, will support circulation of the stablecoin. Yoshitaka Kitao, the representative director, chairman and president of SBI Holdings, said that issuing a…

Paul Atkins, chair of the US Securities and Exchange Commission (SEC), didn’t rule out the possibility of authorities seizing Venezuela’s reported Bitcoin holdings after US forces unseated and captured the country’s president. In a Monday interview with Fox Business’ Stuart Varney, Atkins responded to reports claiming that Venezuela holds up to $60 billion worth of Bitcoin (BTC), though several analysts said they were unable to verify these claims. The SEC chair said it “remains to be seen” what action, if any, the US would take if it had the opportunity to seize the reported 600,000 BTC. “I leave that to…

Polymarket’s 15-minute market, which allows users to bet on short-term “up or down” price movements for major cryptocurrencies, has triggered a surge in activity on the Polygon blockchain, driving significant network fees. These markets are known to resolve every 15 minutes based on Chainlink price feeds, making them fast-paced and attractive to high-frequency traders and arbitrage strategies. According to Castle Labs, Polygon has seen explosive growth this year. Since the year began, the chain has reportedly generated over $1.7 million in fees and burned 12.5 million+ POL, over $1.5 million. Why is Polygon’s fee generation up in 2026? The main…

US-listed spot XRP exchange-traded funds (ETFs) have recorded one month of consecutive net inflows since their November 13 debut, setting them apart from Bitcoin and Ethereum ETFs that experienced billions in outflows over the same period. The milestone marks a turning point for XRP, which was excluded from traditional investment vehicles for years due to regulatory uncertainty surrounding Ripple’s legal battle with the US Securities and Exchange Commission. Now, with spot ETFs lifting that barrier, institutional capital is flowing into the asset at a pace that has surprised even bullish observers. A Stark Contrast With BTC and ETH According to…

ADA$0.3874 creator Charles Hoskinson said U.S. President Donald Trump’s administration has put the American crypto industry in a worse position than it was under Trump’s predecessor, former President Joe Biden. Hoskinson, CEO and founder of Input Output Group, the company behind the Cardano blockchain and a co-founder of Ethereum, didn’t hold back in a wide-ranging interview with CoinDesk TV, sharply criticizing the Trump administration’s handling of the Trump Coin launch and his crypto policy. It’s the continuation of an ongoing turnaround by Hoskinson, who said shortly after Trump was elected in November 2024 that he would be working with Trump’s…

Iran’s Revolutionary Guard (IRGC) has allegedly been using crypto to slip past Western sanctions for at least 3 years now, according to a report by TRM Labs. Since early 2023, the Guard has funneled about $1 billion through two UK-based crypto exchanges, Zedcex and Zedxion. Allegedly, these exchanges are helping the Guard send large amounts of USDT across borders without going through banks. Iranian Guard used crypto to reach groups and suppliers abroad For the uninitiated, the IRGC is the most powerful piece of Iran’s military, and it’s been under tough sanctions from the United States and others since it…

CME Group is expanding its cryptocurrency pricing coverage with the introduction of real-time and reference pricing indices for Hedera’s native token, HBAR, adding another digital asset to its standardized market data suite. According to information shared by the Hedera Foundation, the new pricing products are scheduled to go live on December 29 via the CME CF Cryptocurrency Pricing Market Data feed, which is distributed through CME Globex on Google Cloud. The launch comprises not only daily benchmark reference rates but also a constantly updated real-time index, placing HBAR in the broader expansion of cryptocurrency pricing data by CME. The notice…

The US Senate has delayed a critical step on the Digital Asset Market Structure CLARITY Act, raising fresh doubts about whether Congress can pass long-awaited crypto rules in 2026. Senate Agriculture Committee Chairman John Boozman said his committee will postpone its planned markup of the bill until the last week of January. No Discussion on Crypto CLARITY Act Until Two More Weeks The session had been scheduled to take place alongside the Senate Banking Committee’s markup this Thursday. Boozman said the delay aims to preserve bipartisan support. 🚨NEW: Bye bye dueling markups. Per Chairman @JohnBoozman, the @SenateAg Committee is punting…

A big crypto whale account has made a noteworthy deposit to HyperLiquid. Specifically, the crypto whale address has deposited nearly $8.09M in the form of $USDC ahead of rapidly placing several big Solana ($SOL) buy orders. As per the data from OnchainLens, the crypto whale has placed notable buy orders of up to $8M for $SOL. This signals a solid confidence in the near-term price outlook of $SOL. A whale deposited $8.09M $USDC into #HyperLiquid and placed an order to buy 59,458 $SOL for $8M at a price range of $133.88 – $135.The whale also holds 427,441 $HYPE, worth $11.09M.https://t.co/6Ujcknmiiq…

Cango’s Bitcoin reserve is valued at about $700 million, exceeding its stock market capitalization. December production rose 4.1% to 569 BTC, lifting total holdings to 7,528.3 BTC. The miner controls roughly 5.4% of global hashrate and is set for a $10.5 million shareholder investment boost. Cango Inc.’s Bitcoin treasury is now worth more than the company’s entire stock market capitalization, returning attention to past “severely undervalued” assessments of the firm’s stock valuation by HCW and Greenridge analysts last month. The Dallas-based miner announced on Monday, January 5, 2025, that it produced 569 Bitcoins in December, which is a 4.1% month-on-month…