Author: NBTC
Local reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus toward a private, bank-led stablecoin initiative. The Bank of Korea (BOK) halted its “Project Han River,” following mounting pressure from commercial banking partners who cited prohibitive costs and the absence of a viable business model, as The Korea Herald reported. The project launched earlier this year was a two-tier system involving a wholesale CBDC for interbank settlement and tokenized deposits for retail use by 100,000 citizens. However, the seven participating banks collectively spent nearly 35 billion won (about…
XRP has surged to a 7-week high of $2.43 amid rising whale accumulation. The rally is also fueled by anticipation surrounding multiple XRP ETF approvals expected in July. Today, XRP has reached its highest value in seven weeks, crossing the $2.39 mark for the first time since May 23. At press time, XRP is trading at $2.43, marking a 4.60% gain over the past 24 hours and a 6.85% increase on the week. XRP is currently the fourth-largest crypto with a market capitalization of $143.84 billion. Chart of XRP Whale Accumulation from Santiment ETF Decisions on the Horizon The timing…
Binance founder and former CEO Changpeng Zhao (CZ) caused confusion with a statement he made on X (formerly Twitter). CZ recently shared a message with the phrase, “Probably sold Bitcoin,” and added a laughing emoji at the end of his message. It is not known exactly who the Binance founder targeted with this mysterious statement, but there are some guesses among the cryptocurrency community. One of the biggest BTC bulls, MicroStrategy founder Michael Saylor, said in a statement today that there is no need for interventions such as Proof of Reserves and audits for companies holding Bitcoin and that these…
Transactions with the digital ruble have reached 100,000 since the Bank of Russia started testing its new currency almost two years ago. The stats were released in June after the monetary authority proposed a timetable for the wider implementation of the state-issued coin, following Putin’s call to speed up the process. Russian companies and citizens taking part in the digital ruble pilot have conducted about 100,000 transactions with the new form of national fiat, the Central Bank of Russia (CBR) announced in a report titled “Digital Ruble: Current Status of the Project.” Bank of Russia reports on digital ruble progress…
YZi Labs, the investment arm of cryptocurrency exchange Binance, has announced that it is backing the creation of a company that plans to go public in the US and will adopt the Binance Coin (BNB) treasury strategy. Accordingly, YZI Labs announced that it will support the BNB Treasury Company, a BNB treasury-focused company to be established by 10X Capital. BNB Treasury Company, which will be established by 10X Capital, aims to go public on a major US stock exchange. The new company will provide investors in the US with exposure to the growth and benefits of BNB, the world’s 4th…
Despite a steady climb past $110,000, Bitcoin (BTC) remains meaningfully below its projected valuation according to the long-term Stock-to-Flow (S2F) model popularized by pseudonymous analyst PlanB. The model’s latest 463-day forecast suggests Bitcoin should currently be trading at approximately $260,031, a more than 130% premium over its current price. For those unfamiliar, stock-to-flow is a ratio derived from the total existing supply of Bitcoin (stock) divided by the new issuance (flow) entering circulation through mining. It is, in essence, a measure of absolute scarcity. The orange trajectory on the model indicates that Bitcoin’s price historically gravitates toward the S2F curve…
World Liberty Financial, a blockchain project with deep political ties and over half a billion dollars in backing, is holding a governance vote to determine whether its native token, $WLFI, should become tradable on secondary markets. The vote, now live on its governance portal, could unlock a new chapter for the project. For the first time, the token could become available for peer-to-peer transfers and even listings on public markets. That means more people can interact with the project, not just early insiders. “This is a defining moment for World Liberty Financial,” the proposal reads. “The foundation has been laid,…
Ethereum’s growing dominance in RWA tokenization is boosting its narrative as a treasury asset. Ethereum (ETH) is quickly gaining traction as a major platform for tokenized assets. Notably, over $5 billion in RWAs are now managed on Ethereum, including treasuries and other real-world assets. In a commentary shared with crypto.news, NoOnes CEO Ray Youssef explained how this is opening up new avenues for ETH. “From tokenized U.S. treasuries to institutional-grade stablecoin rails, Ethereum is becoming the de facto layer for compliant, on-chain finance. Corporations are catching on to ETH as both a utility network and a strategic store of value…
DeepLink and Roam have announced a strategic partnership to deliver borderless cloud infrastructure that is aimed at transforming the decentralized enjoyment of gaming and internet services in a very powerful partnership. We’re excited to announce a strategic partnership with @weRoamxyz— joining forces to unlock truly borderless cloud access.🌐 Roam is building the future of global internet access through a Decentralized, blockchain powered Wireless network.🎮 DeepLink is reshaping cloud… pic.twitter.com/XG5T4lh6gj — DeepLink (@DeepLinkGlobal) July 7, 2025 DeepLink made an official announcement of its cooperation with Roam, a big milestone in creating a decentralized environment that integrates wireless networking with GPU-backed decentralized…
Cryptocurrency analysis firm Alphractal has published a remarkable assessment of the Bitcoin market. By examining derivatives trading data from the past four years, the company identified price zones where Bitcoin showed low trading volume and weak trading activity. It was noted that these zones could be retested in the coming months. According to Alphractal’s analysis, Bitcoin has historically traded sparsely at $99,000, $89,000, $81,000, $77,000, and $74,000. Such low-volume zones coincide with periods of rapid price movement or weak investor interest. The firm said these gaps are typically retested within a year. On the other hand, it is observed that…