Author: NBTC

Marex Group, a Nasdaq-listed financial services firm, has invested an undisclosed amount in institutional crypto infrastructure provider Digital Prime Technologies, underscoring traditional finance’s growing interest in digital asset markets. The companies announced Wednesday that the investment will support the continued development of Tokenet, a digital asset lending and borrowing platform built by Digital Prime in partnership with EquiLend. Marex said the investment is part of its strategy to expand its institutional digital assets business. Last week, Digital Prime said Tokenet had surpassed $1 billion in lending inventory and more than $1 billion in borrowing demand from its launch partners. The…

Japan’s Financial Services Agency (FSA) will launch a dedicated Crypto Assets and Stablecoins Division on August 7, giving the country’s digital-asset firms a single supervisor. The agency is following through on a reorganization it approved back in December 2025, and is a major step forward in the country’s goal to treat crypto like mainstream financial products. What does the new FSA division do? Crypto oversight in Japan has typically been scattered across low-level offices, but the Financial Services Agency will be launching a division with three specialized teams dedicated to the sector, called the Crypto Assets and Stablecoins Division, on…

Bitcoin price slipped below the $64K mark. The bearish crossover is active, and the downtrend accelerates. The largest asset, Bitcoin ($BTC), slipped below the $64K mark and is currently trading at around $63,981. Its daily trading volume has surged by over 50% to $21.78 billion. Moreover, this session ranged between $63,752 and $65,316, with $49.61 million in liquidations recorded in the past 24 hours. Significantly, $67K was the high in both June and July. Until that level breaks, the upside momentum stays on hold. Everything happening for the asset between $60K and $67K right now is just rattle inside a…

Sandisk (SNDK) and Western Digital (WDC), two of the biggest beneficiaries of the AI storage boom, were both 10% lower in pre-market trading Thursday, despite reporting strong quarterly results. Sandisk posted record fourth-quarter revenue of $8.97 billion and non-GAAP EPS of $39.25, comfortably beating expectations. Western Digital also delivered a double beat, reporting revenue of $3.75 billion, up 44% year over year, while its gross margin surged to 54.4%. Despite those results, both stocks are now trading roughly 50% below their all-time highs. The problem was guidance. Sandisk’s first-quarter outlook came in below expectations, with projected revenue of $10.7 billion…

Pendle Finance has announced an exciting new partnership with Monad, where users can earn a reward of 1.98M $MON in the first two weeks. This collaboration highlights the growing momentum in the decentralized finance sector, and it follows a recent tweet by Pendle showcasing their enthusiasm for the new adventure. The announcement is available on Pendle’s official Twitter account, which can be viewed here. What Went Down The broader crypto market is currently experiencing mixed signals, but Pendle’s announcement stands out as a significant development in the altcoin space. While major cryptocurrencies show varying momentum, this partnership with Monad could…

Nigeria is tightening its regulatory grip on the cryptocurrency sector, introducing new requirements that mandate tax identification numbers (TINs) for all crypto businesses operating in the country. The move, reported by Cointelegraph, is part of a broader effort to curb tax evasion through digital assets and align the sector with existing financial regulations. New Compliance Measures for Crypto Firms Under the updated rules, crypto exchanges, wallet providers, and other virtual asset service providers must obtain a TIN from Nigeria’s Federal Inland Revenue Service (FIRS). This requirement aims to create a transparent framework for tracking crypto transactions and ensuring that profits…

South Korean cryptocurrency exchange Coinone is likely to extend its real-name account partnership with KakaoBank for an additional year, as discussions to renew the won deposit and withdrawal account agreement near completion, according to a report from Edaily on Tuesday. Background of the Partnership KakaoBank has reportedly been reviewing a one-year extension of the partnership, which is set to expire in mid-August. The review process included an on-site inspection of Coinone’s operations in May. Coinone has maintained its real-name account partnership with KakaoBank since November 2022, when it switched from NH NongHyup Bank. Under South Korean financial regulations, cryptocurrency exchanges…

Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market’s largest nearby demand concentration. The Aug. 12 inflation report, due less than 48 hours out, will help decide whether that floor holds or gets tested. Glassnode’s latest on-chain map puts that demand shelf at roughly $63,000, an area holding close to a tenth of Bitcoin’s circulating supply. The market’s repair test sits near $69,000, where recent buyers reach breakeven on their positions. Why Wednesday matters July’s jobs report showed that payrolls fell by 23,000 against expectations for an 80,000…

Regulators Write the Rulebook Early The emirate’s Financial Services Regulatory Authority, or FSRA, has licensed virtual asset activity since 2018 through the Abu Dhabi Global Market, a financial free zone with its own courts built on English common law. That early start gave firms a rulebook years before many other jurisdictions caught up. Not every virtual asset qualifies. Firms need a Financial Services Permission before they can operate, and only assets the FSRA labels “Accepted Virtual Assets” can move through regulated products. Privacy tokens and algorithmic stablecoins are barred outright. Capital requirements scale with the size and type of a…

Some details of the Clarity Act itself are still being negotiated. Provisions addressing illicit finance and agriculture issues are still under discussion, a legislative staffer told CoinDesk on Wednesday, not to mention the ethics provision aiming to block senior government officials like President Donald Trump from profiting off of the crypto industry. The White House is still pondering a proposal on ethics language from Senators Thom Tillis and Ruben Gallego, which the senators sent to the White House last week. If the White House accepts the proposal, or has feedback on it, that could move the needle for Democrats on…