Author: NBTC

In a recent X post on Thursday, October 16, pro-crypto lawyer John Deaton reacted to Ripple’s latest venture into the corporate treasury space following its newest acquisition. Earlier that day, Ripple’s CEO Brad Garlinghouse announced that the San Francisco-based blockchain firm had made an epic acquisition of GTreasury for $1.25 billion, sparking discussions and excitement across the XRP community. According to the announcement, the acquisition aims to integrate Ripple’s blockchain capabilities with GTreasury’s global cash management infrastructure. Notably, this will enable CFOs worldwide to manage stablecoins, tokenized deposits, and idle capital more efficiently through decentralized finance solutions. Ripple continues aggressive…

Bitcoin maximalist Jack Dorsey is among the orange coin’s most outspoken advocates. But his company Cash App won’t be using the leading crypto network for its new stablecoin feature, instead settling with Solana—at least to begin with. Cash App, a unit of Block, on Thursday said users would be able to soon send stablecoins. A spokesperson for the company told Decrypt that the new feature would “support multiple stablecoins and networks” when it becomes available—likely next year. “For the first time, Cash App will soon provide access to stablecoins, allowing customers to send and receive digital dollars nearly anywhere in…

Bitcoin mining stocks have dropped sharply by 7.68% after rallying to a total market cap of $94 billion two days ago. Mining stocks have shown resilience in the past year, jumping from a market cap of $28 billion to $94 billion. That’s an increase of around 235% in only 12 months. Investors have shown massive interest in mining companies. Last week, IREN Limited signed multi-year cloud services contracts for deploying Nvidia’s Blackwell GPUs. MARA Holdings has agreed to acquire a stake of 64% in Exaion, the company that specializes in operating high-performance computing (HPC) data centers. Despite the positive sentiment,…

A major partnership between Kalshi and Coinbase is set to strengthen the infrastructure behind event-based trading in the U.S. Summary Kalshi adopts Coinbase Custody for USDC security. Partnership boosts trust and compliance. Kalshi continues rapid 2025 growth, including new Google Finance integrations and a valuation surpassing $10 billion. Kalshi, the largest regulated prediction market platform in the U.S., has chosen Coinbase Custody to hold the USDC used across its event contracts. The company announced the move on Nov. 13, saying it will give traders greater confidence in the stability and safety of the funds backing each market. Coinbase Custody provides…

Global finance is accelerating toward a unified digital future as regulators and innovators align on stablecoin standards to enable seamless cross-border payments, institutional trust, and interoperability—momentum Ripple says is essential for true financial integration worldwide. Regulatory Harmonization and Technical Standards Key to Stablecoin Integration, Says Ripple Global policymakers and blockchain firms are accelerating efforts to create consistent frameworks for stablecoins that can move freely across borders. Ripple shared an insight on Oct. 15, written by Rahul Advani, its global co-head of policy, and Caren Tso, its Asia-Pacific policy manager, analyzing how regulatory convergence and interoperability can make stablecoins truly fungible…

Crypto exchange Coinbase has slammed US banking groups for asking regulators to ban merchant rewards, cashbacks and discounts offered to customers who pay with stablecoins, calling the request “unamerican.” The clash relates to the statutory language of the GENIUS Act, which prohibits stablecoin issuers from offering interest or yield to holders of the token, but it does not explicitly extend the ban to crypto exchanges or affiliated businesses. The banking groups claim an “indirect interest” arises when a third-party financially benefits and has a connection to the stablecoin issuer. Coinbase chief policy officer Faryar Shirzad, however, strongly opposed that view…

At the time of writing, Ethereum trades at $3,446, struggling to reclaim the rising trendline that has defined higher lows since April. The recent breakdown below this structure invalidates the previous trendline support, suggesting a potential shift in market momentum. While derivatives data shows renewed long positioning, the move now reflects attempts to defend post-breakdown levels rather than a clean bounce from trendline support. The market will need to reclaim the trendline to confirm a short-term recovery and negate further downside pressure. Source: TradingView Ethereum trades below all major EMAs on the daily chart: 20-day EMA: $3,720 50-day EMA: $3,935…

Cantor Fitzgerald is chasing what could come to be the biggest crypto paydays in Wall Street history. According to Bloomberg, the New York investment bank could see its Tether stake explode to $25 billion if the stablecoin giant’s fundraising hits a $500 billion valuation. The company bought a convertible bond worth over $600 million more than a year ago, giving it rights to 5% equity, but only if conversion and sale are allowed under final deal terms. The valuation, if achieved, would rank alongside Sam Altman’s OpenAI, putting Tether among the most valuable private companies in the world. The deal…

Mastercard’s move to add stablecoin wallet payouts through its global platform signals accelerating digital settlement, expanding rapid cross-border options and enhancing liquidity for institutions seeking seamless connectivity between traditional systems and emerging currency infrastructure worldwide. Mastercard Advances Digital Settlement With Stablecoin Wallet Support A rapid shift toward mainstream digital settlement is gathering pace as financial institutions intensify efforts to connect traditional rails with stablecoin infrastructure. Payments giant Mastercard announced on Nov. 13 that its Mastercard Move platform will incorporate stablecoin wallet payouts through a collaboration with cross-border network provider Thunes, expanding real-time money-movement options for global users. “As digital currencies…

New on-chain research from Arkham Intelligence this week shows that the wallet address holding the most ETH today is not an individual, not an exchange, not an ETF issuer, but the staking contract that secures Ethereum. According to Arkham, the ETH2 Beacon Deposit Contract currently holds more than 72.4 million ETH, worth around $252 billion at current market prices, and represents approximately 60% of the total supply. Ethereum’s Power Center In terms of individuals, the research firm confirmed that the largest known individual holder of ETH is still Rain Lohmus, the founder of Estonian bank LHV, who bought 250,000 ETH…