Author: NBTC

Korea Investment Management’s ACE U.S. AI Tech Core Industry Active Exchange-Traded Fund (ETF), which launched on October 28, is seeing a surge in demand. On-chain data showed that the ETF recorded individual net purchases of 28 billion Korean won on its establishment day. The ACE U.S. AI Tech Core Industry Active ETF also surpassed cumulative individual net purchases of 76 billion Korean won within five days of listing. A source from Korea Investment Management argued that the evolution of AI technology is a structural renewal across industries, which is already deeply permeating every aspect of daily life. He also told…

Ripple CTO David Schwartz joins a discussion on X, bordering on Coinbase’s newly-launched prediction markets. On Friday, Coinbase revealed it had filed lawsuits in key U.S. states, including Connecticut, Michigan and Illinois. This comes shortly after Coinbase unveiled its prediction markets powered by U.S.-based prediction markets operator Kalshi. In a systems update on Dec. 17, Coinbase said that it would begin offering its customers the ability to trade event contracts on its platform through a partnership with Kalshi. Coinbase plans to offer event-contract trading to its customers throughout the United States beginning in January 2026, hence the reason for the…

In a move that continues to establish its position as the largest Ethereum treasury in the world, BitMine Immersion Technologies (BMNR) has continued to grow its rapidly increasing Ethereum holdings. On Friday, December 19, data provided by popular CryptoQuant analyst Maartun shows that the publicly traded, Ethereum-focused company chaired by Tom Lee has added more than $300 million worth of ETH to its treasury over the last seven days. This incredibly bullish move has caught the eyes of market participants because the purchases happened during one of the market’s weakest periods, highlighting BitMine’s strong resilience even in the face of…

Donald Trump has been branded a pro-crypto president, thanks to his administration’s passage of crypto legislation. However, some industry observers say his personal stake in the future of crypto—via companies the Trump family has backed—has stood in the way of progress, and threatens to cause further backlash once he leaves office. Danny Ryan, co-founder of institutional marketing firm Etherealize and a former Ethereum developer, told Decrypt recently that this threat of retaliation from a new administration is why the industry must make as much progress as possible before Trump leaves office. “If, during this window, we significantly onboard financial institutions,…

Chainlink’s (LINK) co-founder has disclosed that market dynamics and efficiency benefits have been the two major driving forces of institutions going on-chain. He disclosed that blockchain adoption has been hindered by unfounded negative claims about the technology and crypto. Co-founder of Chainlink (LINK), Sergey Nazarov, has in his latest appearance on the New Era Finance Podcast, spoken about several topics within the ecosystem, including the ongoing adoption of on-chain protocols, the “game theory” behind the institutional investment in crypto and Decentralized Finance (DeFi), and much more. Details of the Interview with Chainlink’s Co-founder Speaking about the growing institutional adoption of…

The Curve DAO has rejected a governance proposal to allocate 17.4 million CRV tokens, worth about $6.2 million, to the decentralized exchange’s (DEX) development team. The proposal submitted by Curve Finance founder Michael Egorov sought approval for a grant of CRV tokens to fund Swiss Stake AG, the core development firm behind Curve, managed by Egorov. The funding is intended to cover software development, infrastructure, security work and ecosystem support for Swiss Stake’s roughly 25-person team working on the protocol, which is the third-largest DEX in decentralized finance (DeFi) with over $2.1 billion in total value locked, according to DeFiLlama.…

The crypto market is walking into a crowded macro week where policy headlines and liquidity shifts will matter more than chart patterns. Traders are watching President Donald Trump’s $2,000 tariff dividend pledge, a 41-day U.S. government shutdown that still needs a final Senate clearing vote, and a series of Federal Reserve appearances that could explain why $125 billion was pushed through the repo window as bank reserves fell below $3 trillion. The setup keeps Bitcoin, Ethereum and XRP exposed to sharp moves. In an X post, The Kobeissi Letter outlined the events that could reshape global markets, including nine scheduled…

There were no markup hearings this past week on market structure legislation. Lawmakers are still holding their firm positions close to the vest. The question is changing from “will we get a market structure law this year” to “will Congress have enough time to push this bill across the finish line?” You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative The Senate Banking Committee revealed this week that it would not be holding a markup hearing on its draft market structure legislation, confirming…

Mastercard is expanding its Crypto Credential system to self-custody wallets through a partnership with Polygon and Mercuyo. The firm has broadened its presence in the crypto space via collaborations with Ripple, Chainlink, Revolut, and other blockchain platforms. Mastercard, an American multinational financial services corporation, has secured a strategic collaboration with the Polygon (POL) blockchain. Leveraging this partnership, Mastercard will enable crypto payments for its customers and merchants. Mastercard Leveraging Polygon for Crypto Payments As disclosed in an X post, Mastercard chose the Polygon blockchain to launch username-based transfers for self-custody wallets. This integration is supported by Mercuryo, a global payment…

AAVE lost over 10% of its price, sliding down to $160. Despite being the leading lending protocol, AAVE weakened at the end of 2025. AAVE tokens lost over 10% in the past day, going through a flash crash during early Monday trading. The token returned to $160, trading near the lower range for the past three months. Aave dropped by around 10% on Monday, after a proposal on community ownership was lifted to snapshot status, without full support from the community and the agreement of the proposal author. | Source: CoinGecko. The recent Aave crash followed the launch of a…