Author: NBTC

During a Wednesday interview with CNBC, Ripple CEO Brad Garlinghouse stated that the company uses XRP “where it makes sense.” “We use stablecoins, we use XRP where it makes sense,” he said. He stressed that Ripple, at its core, has been a payments company that aims to solve the cross-border payment problem. Garlinghouse has recalled that stablecoins were a “big part” of activity for Ripple, and the company decided to make a foray into the sector. “We joined the market kind of late, partly because we were using stablecoins in our payment flows for our institutional customers,” he said. The…

Josh Mandell, a Wall Street Trader known for his high-quality work in government bonds and leading hedge funds, has surprised many by risking $2.1 million on Bitwise Bitcoin ETF (BITB). Famous for a cautious, calculated style honed over decades in traditional finance, Mandell’s new position reflects a deeper contrast in how old-school investors look at digital assets. Mandell shared a screenshot on X showing his large position of 35,000 BITB shares, bought at an average price of $59.98. At press time, BITB had ticked up to $60.02, netting him a small but notable gain of $1,491.80. His post on X…

In the latest report published by crypto finance company Matrixport, it was stated that the Ethereum (ETH) price has recently exhibited resistance beyond fundamental indicators. Matrixport: Ethereum Price Remains Strong Beyond Fundamentals It was emphasized that the ETH price has been steadily rising rather than declining, although on-chain gas fee-based activity is still at low levels and overall network interest has not fully recovered. Matrixport noted that there are a number of structural factors behind this price resistance: Increase in Corporate Demand It was noted that many institutional investors have begun adding Ethereum to their portfolios, positioning it as “digital…

In a recent interview to Anthony Pompliano, the co-founder and former CEO of the Binance Exchange, CZ, answered many questions that were both interesting and important for viewers to hear. Among those, were questions about Changpeng Zhao’s (CZ) start of the career in crypto, his times as the Binance CEO, his prison term, and the future of the crypto space. He also answered a question about how big his wealth really is and reminded the audience that he quit his job and sold his house to get into crypto at the start of his career. CZ talks about his wealth,…

Stellar (XLM) is witnessing a strong price rally, having gained 14% in the past 24 hours and rising 25% over the past week. The surge has also seen around $1.2 billion added to XLM’s market cap in just one day, driven by a number of developments within the ecosystem. Most notably, the launch of the Protocol 23 upgrade introduces Soroban’s unified events to streamline smart contract interactions and power more scalable decentralized applications (dApps) on the network. XLM updates Another major boost to the network comes in the form of PYUSD, PayPal’s stablecoin which has been successfully integrated within Stellar.…

XStocksFi, a trading platform that tokenizes real-world (RWA) stocks, has announced a strategic collaboration with Pyth Network, a decentralized oracle platform. XStocksFi is a digital platform that converts real-world stocks into digital tokens on the Solana blockchain for trading. On the other hand, Pyth Network is a decentralized oracle solution that offers real-time pricing data for assets (like crypto, commodities, and equities) on-chain. This alliance represents a crucial move to connect TradFi with the decentralized finance landscape, aiming to make xStocksFi’s tokenized stocks accessible and cost-effective through the partnership with Pyth Network. xStocks <> Pyth Network@PythNetwork is now part of…

The on-chain analytics firm Glassnode has explained how Bitcoin investor behavior tends to reflect in price trend reversals and continuations. Glassnode Highlights Key Behavioral Patterns Behind Bitcoin Moves In a new thread on X, Glassnode has shared a new way to categorize Bitcoin investors based on their on-chain spending patterns. Under this indicator, called the Supply by Investor Behavior, there are five cohorts: Conviction Buyers, First Buyers, Momentum Buyers, Loss Sellers, and Profit Takers. First Buyers, Loss Sellers, and Profit Takers are pretty self-explanatory. Conviction Buyers refer to the investors who buy despite a decline in the cryptocurrency’s price, while…

Snoop Dogg’s recent sell-out of nearly one million NFTs on the TON blockchain marks a significant moment in revitalizing the NFT market. The collection’s rapid success and innovative integration with Telegram’s platform highlight new utility and engagement opportunities for digital assets. According to Zenith, NFT lead at TON, this event “could be the start of a new NFT Narrative,” emphasizing Telegram Gifts’ unique profile-wearable feature. Snoop Dogg’s sold-out NFT launch on TON blockchain generates $12M, signaling renewed interest and innovative utility in the NFT market. Snoop Dogg’s NFT Launch on TON Blockchain Sparks Market Optimism On Wednesday, American rapper Snoop…

After weeks of accumulation, Ethereum price today is pressing into a crucial resistance zone near $2,640, a level that has consistently capped upside attempts since early June. The broader structure shows bullish intent, but a clear breakout above this supply zone is needed to confirm a trend continuation. What’s Happening With Ethereum’s Price? ETHUSD price dynamics (Source: Tradingview) The Ethereum price action is approaching the apex of a large symmetrical triangle, visible on the daily chart. ETH is currently priced at $2,623.83, with intraday highs extending to $2,646.02. The structure has been coiling since April, with price consistently posting higher…

Mining company Green Minerals has entered a structured financing agreement with LDA Capital worth 250 million Norwegian kroner. The funds will be used to boost its Bitcoin treasury. Through a press release, the deep sea mining firm has been granted a put option from LDA, which would allow the firm to issue new shares on a flexible basis based on the market conditions. Using an “at-the-market” or ATM structure, the agreement is worth a total commitment of NOK 250 million or around $25 million throughout a year-long period. Based on the agreement, the ATM structure allows Green Minerals to draw…