Author: NBTC

The Royal Government of Bhutan has gradually sold approximately 9,180 Bitcoin ($BTC) over the past 11 months, generating around $900 million in proceeds, according to on-chain data tracked by blockchain analytics firm EmberCN. The average selling price across these transactions was calculated to be roughly $98,067 per Bitcoin. Timeline of Bhutan’s Bitcoin Sales Data from EmberCN reveals that Bhutan’s Bitcoin holdings peaked at roughly 12,200 $BTC in early 2025, coinciding with the cessation of the country’s state-backed mining operations. The government reportedly began its divestment process in earnest in June of the same year, executing a series of transactions over…

State Street is wiring its Luxembourg fund stack so tokenized fund units run on the same custody, NAV and TA rails as traditional funds, turning RWAs from brochure‑ware into production infrastructure. State Street is wiring its Luxembourg fund stack to treat tokenized fund units as first‑class citizens, not side projects, and that’s a much bigger deal than another “bank experiments with RWAs” headline suggests. State Street heads into 2026 with a buzz State Street Corporation has said it intends to deliver a “tokenized fund servicing capability” from Luxembourg by the end of 2026 through State Street Investment Services, extending its…

$XRP Ledger Foundation (XRPLF) officially completed the formation of its operational core, unveiling a team that will define the technical direction of XRPL in the coming years. Instead of bringing in outside top executives, the foundation placed its bet on code veterans and specialists with experience inside banking institutions. The main message behind this update is XRPLF’s final transition toward full autonomy. While $XRP development was previously associated almost exclusively with Ripple, the foundation’s current lineup emphasizes that the protocol is now being guided by people who grew within the community itself and have direct influence over the code. Who…

Crypto never sleeps. As of May 29, CME Group’s crypto futures and options don’t either. The world’s largest derivatives exchange flipped the switch on 24/7 trading for its entire crypto futures suite at 4:30 p.m. CT, eliminating the weekend closures and limited hours that had defined its digital asset offerings since launch. The move covers futures and options on nine assets: Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, Stellar, Avalanche, and Sui. For years, institutional traders had access to crypto futures on a regulated exchange, but only during what amounted to a near-23-hour daily window, with full shutdowns on weekends. That…

Bitcoin mining firm Hive Digital Technologies (NASDAQ: HIVE) sold 331 Bitcoin during the first quarter of 2025, reducing its corporate treasury to approximately 150 $BTC, according to data from BitcoinTreasuries. The sale represents a significant reduction in the company’s direct Bitcoin holdings, raising questions about its treasury management strategy amid fluctuating cryptocurrency prices. Details of the Q1 Bitcoin Sale The sale of 331 $BTC, executed over the three-month period ending March 31, 2025, marks a notable shift in Hive’s balance sheet. At current market prices, the sold Bitcoin is valued at roughly $28 million. The company’s remaining 150 $BTC is…

Cardano now has its own dedicated section on Token Terminal, the analytics platform that institutional investors and developers use to compare blockchain networks the way stock screeners compare equities. The partnership, announced June 1, brings standardized onchain metrics, custom dashboards, and API access to the Cardano ecosystem. What the partnership actually delivers Token Terminal has launched dedicated Cardano dashboards that track the kind of metrics institutional players care about: revenue, active users, validator counts, and other standardized financial data points. Cardano is now listed in Token Terminal’s L1 blockchain market sector dashboard alongside networks like Ethereum and Solana. The integration…

Monday started on a positive note for Bitcoin as the world’s largest cryptocurrency climbed back above $77,300 after briefly falling near $74,000 last week. The recovery came as fears of a possible U.S.-Iran conflict began to ease. The rebound follows several days of heavy selling pressure that wiped billions from the crypto market and triggered panic among traders. Easing Trump’s Iran Deal Comments Lift Markets The biggest reason behind Bitcoin’s recent price recovery was improving geopolitical sentiment after U.S. President Donald Trump said a peace agreement involving Iran had been “largely negotiated” and was now awaiting final approval. In a…

Augustus Bank’s CEO, Ferdinand Dabitz, says legacy clearing banks cannot truly rebuild their cores for artificial intelligence and programmable money, as his startup moves closer to launching a US national bank designed around both. The Office of the Comptroller of the Currency (OCC) granted conditional approval for Augustus Bank N.A. on Monday under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which created a federal framework for payment stablecoins and clarified how banks and certain nonbank entities can issue and integrate dollar-pegged tokens under federal oversight. Augustus now plans to establish a full-service national bank in Dallas,…

Stellar Development Foundation created a Market Development team with regional leads in Latin America, Europe, Africa, the Middle East, and APAC. This strategy aims to accelerate local institutional adoption by connecting banks, fintechs, and asset issuers to the network’s rails. Each region has a lead with specific expertise in payments, digital assets, or local financial regulation. The Stellar Development Foundation (SDF) announced the formation of a global Market Development team aimed at deepening institutional adoption of the network in the regions it considers will define its next phase of growth. Chief Executive Officer José Fernández da Ponte explained in a…

Ripple Chief Legal Officer and National Cryptocurrency Association (NCA) President Stuart Alderoty says Ripple has grown into a full-service crypto infrastructure provider for businesses. The company now offers solutions for payments, custody, tokenization, liquidity, and treasury management. Alderoty shared this during an interview with the New York Stock Exchange. He discussed Ripple’s expanding role in enterprise crypto adoption and also highlighted new research showing that cryptocurrency adoption continues to grow across the United States. According to Alderoty, Ripple has spent more than 13 years building infrastructure for companies that want to use blockchain technology. “If you’re a large or medium-sized…