Author: NBTC

Ethereum has climbed above $1,930 before retreating toward $1,850, as an early-week rally driven by ETF inflows and easing macro expectations has given way to renewed geopolitical and macroeconomic pressure. CoinGecko data showed Ethereum ($ETH) touched an intraday high of about $1,931 on July 15, its strongest level in weeks, before slipping to around $1,850 over the past 24 hours. The token was down roughly 3.5% on the day at the time of writing, although it remained more than 4% higher over the past seven days. Several factors combined to fuel the initial advance. Softer-than-expected US economic data, including weaker…

Ethereum co-founder Vitalik Buterin has reposted an earlier proposal he made to ditch the U.S. dollar as the default reference point for stablecoins. He suggests that users hold personalized baskets of prediction market shares tied to their own spending patterns instead. The proposal by Vitalik follows a trend where more countries are choosing to conduct their trades in non-dollar settlement alternatives. These alternatives have ranged from TradFi proposals such as BRICS currencies to decentralized finance experiments. What did Vitalik Buterin propose? Vitalik Buterin recently reposted an idea he first outlined months earlier on the social media platform X in a…

$XRP broke higher, while activity across payments, tokenization, liquidity, and settlement continues to expand. Ongoing adoption and development point to utility beyond short-term price movements. Key Takeaways: $XRP price action has shifted after a sharp rebound, while activity continues across payments, tokenization, liquidity, and settlement. Ripple’s payments expansion and $RLUSD remain part of the $XRP adoption discussion. The executive pointed to institutional use, developer activity, and settlement demand beyond price moves. $XRP Utility Expands as Price Rebound Draws Market Attention $XRP’s recent price rebound followed earlier weakness but has not changed the broader activity tied to the asset, according to…

Sometime in the week of July 13, according to people briefed on the negotiations, Senate staff will release a unified draft of the Digital Asset Market Clarity Act, merging months of parallel work by the Banking and Agriculture Committees into a single text reportedly more than 70 pages longer than either predecessor. Floor action is targeted for the week of July 20. The Senate leaves for its August recess on the 7th, and a defense spending bill is competing for the floor time in between. Senator Cynthia Lummis, the chamber’s lead crypto legislator, has stated the stakes without decoration: this…

Most European users who withdrew assets from Binance after its EU service suspension chose self-custody instead of regulated exchanges. Binance co-CEO Richard Teng said roughly 70% of withdrawals moved into private wallets, while only 30% reached MiCA-licensed trading platforms. The trend suggests many users prioritized direct control over their digital assets despite the European Union’s push for stronger oversight under its Markets in Crypto-Assets framework. Consequently, the migration has renewed debate about whether tighter regulations can achieve their intended consumer protection goals. Teng Questions MiCA’s Practical Impact Teng argued that funds held in self-custodied wallets no longer remain within regulated…

A blockchain address widely believed to be associated with venture capitalist Tim Draper deposited 1,000 Bitcoin, valued at approximately $61.82 million, into Coinbase Prime roughly seven hours ago, according to on-chain tracking firm Lookonchain. The transaction has drawn renewed attention to one of the most famous government Bitcoin auctions in history. Background of the Silk Road Bitcoin Auction In 2014, the U.S. Marshals Service auctioned approximately 29,656 Bitcoin seized from the Silk Road darknet marketplace. Tim Draper, a prominent venture capitalist known for early investments in companies like Skype and Tesla, emerged as the winning bidder. He acquired the entire…

Former Ethereum Foundation researcher Francesco D’Amato has joined independent protocol research group Ethlabs, extending the movement of core Ethereum developers into organizations operating outside the Foundation. According to a statement shared by Ethereum Foundation researcher Francesco D’Amato on X, he has left the Ethereum Foundation after five years to join Ethlabs, a nonprofit protocol research organization established by former Foundation researchers to continue Ethereum core development. Status update: I am moving from the Ethereum Foundation to Ethlabs @ethlabs_org, joining the team to accelerate protocol work in the age of Ethereum adoption.In 5 years at EF Research, I have worked on…

Bitcoin fell into the mid-$67,000s on Tuesday, dragging the entire ecosystem of crypto-linked equities with it. Bitcoin shed more than 11% over the past week, crashing below $67,000 for the first time since early April, according to Bitcoin Magazine Pro data. The drop hit crypto treasury stocks with full force. Strategy (NASDAQ: MSTR) tumbled 9.15% on Tuesday, trading at $136.08 at close, with a session low of $134.11 — dangerously close to its 52-week floor of $104.16. Coinbase Global (NASDAQ: COIN) fell 4.23%, to $173.74. And Strive, Inc. (NASDAQ: ASST), the Vivek Ramaswamy-founded bitcoin treasury company, dropped 6.23% to $16.10…

The Tron ecosystem has reached a new milestone in network usage. Tron founder Justin Sun announced that the number of daily transactions on the network has reached an all-time high. According to the shared data, the Tron blockchain set a new record with approximately 14.3 million daily transactions. The data was verified via Tronscan, the official blockchain explorer for the Tron network. According to this data, transaction volume on the network has been steadily increasing recently, with 14.3 million daily transactions representing the highest level in Tron’s history. Although there has been a limited decline in transaction volume since the…

Cryptocurrency exchange Kraken is developing an artificial intelligence-powered trading service that will allow autonomous agents to monitor markets, identify opportunities, and execute trades based on user-defined goals, according to a report from CBDC. The move signals Kraken’s broader strategic shift from a pure cryptocurrency exchange into a comprehensive financial services platform encompassing payments, banking, and lending. What the AI Trading Service Entails The planned service, which Kraken has not yet officially named or launched, would leverage AI agents capable of operating independently within set parameters. Users would define investment goals, risk tolerances, and trading strategies, after which the AI would…