Author: NBTC

The race to put Wall Street on-chain just hit a new gear. Kraken, Backed, and BNB Chain are teaming up to bring tokenized stocks to one of crypto’s most active ecosystems, pushing xStocks into the mainstream. On July 9, crypto exchange Kraken announced a strategic partnership with tokenization firm Backed and BNB Chain, expanding its xStocks offering to one of the largest blockchain networks by daily users. The integration will enable Kraken clients outside the U.S. to deposit and withdraw tokenized U.S. equities, such as Apple’s AAPLx and Tesla’s TSLAx, as BEP-20 tokens in the coming weeks. This follows xStocks’…

At the Bitcoin Conference in Las Vegas, the executive chairman of Strategy, Michael Saylor, mentioned major market dynamics driving Bitcoin’s potential surge. Saylor emphasized that as Wall Street’s ownership of Bitcoin increases, the total market value is expected to expand significantly, possibly hitting $20 trillion. This valuation would place Bitcoin at approximately $1 million per coin. Institutional Ownership and Market Dynamics Saylor explained that when Wall Street owns 5% of all Bitcoin, the remaining 95%, which amounts to about $2.5 trillion, is held by others outside Wall Street. He further stated that if Wall Street’s ownership rises to 10%, Bitcoin’s…

Morpho traded near $1.39 and was 2.4% in the green on the day, as bulls look to hold a key price level, with resilience at this crucial zone showing as Morpho’s total value locked on Base nears $2 billion. The Morpho (MORPHO) crypto platform is increasingly a major player in the decentralized finance ecosystem. It’s native token reached highs of $4.17 in January, but fell sharply as cryptocurrencies mirrored broader risk assets, MORPHO hit lows of $0.85 in April. Although bulls have seen MORPHO bounce 93% since its all-time low of $0.71 in November 2024, they failed to rally higher…

Prominent NFT marketplace OpenSea announced Tuesday that it acquired mobile token trading and portfolio management app Rally (formerly Floor) in an effort to build “the on-chain everything app.” As part of the acquisition, Rally co-founders Chris Maddern and Christine Hall—the latter the former COO at Robinhood Crypto—will join OpenSea’s executive team, with Maddern taking the role of chief technology officer and Hall becoming OpenSea’s chief of staff. Details of the deal were not disclosed. OpenSea commanded much of the trading volume during the explosive NFT trading boom of 2021 and 2022. While NFT demand has plunged since then, OpenSea is…

Pi Network leads altcoin rally with over 61% weekly gain and rising trading volume. Arbitrum and Optimism post strong gains amid ecosystem activity and token events. Gaming and identity tokens see double-digit growth, boosting overall altcoin momentum. The altcoin market recorded major gains over the past week, with several tokens showing double-digit growth in price and trading activity. According to data from May 11, 2025, Pi Network (PI), Arbitrum (ARB), and Optimism (OP) ranked among the strongest performers, alongside notable movements from gaming and infrastructure-focused tokens such as Gala, Immutable, and NEAR Protocol. The rise in market capitalization across these…

The race for stablecoin licenses in Hong Kong is heating up, with dozens of firms preparing to apply ahead of the new regulatory framework set to go live. According to a recent report by local media outlet First Financial, more than 40 companies are preparing to apply for the soon-to-be-launched Hong Kong stablecoin license. Applicants reportedly include JD.com and Ant Capital, with anticipation mounting as the August 1 rollout date nears after months of regulatory work to finalize the framework amid growing market interest. However, local industry sources say the number of licenses regulators will issue is expected to be…

Tanssi Network has officially launched its mainnet, marking a significant milestone in the world of decentralized infrastructure. With over $300 million in delegated assets securing its customizable appchains from day one, Tanssi is set to meet the growing demand for high-performance infrastructure in the realm of tokenized real-world assets (RWAs), which have now surpassed $17 billion globally.—This launch comes at a crucial time when projects across Latin America are seeking compliant and efficient blockchain solutions. Tanssi’s mainnet debut is complemented by the listing of the $TANSSI token on major exchanges, including Binance Alpha, Binance Futures, and Kraken.Why Tanssi Matters Right…

Elon Musk’s xAI appears to have gotten rid of the Nazi-loving incarnation of Grok that emerged Tuesday with a surprisingly simple fix: It deleted one line of code that permitted the bot to make“politically incorrect” claims. The problematic line disappeared from Grok’s GitHub repository on Tuesday afternoon, according to commit records. Posts containing Grok’s antisemitic remarks were also scrubbed from the platform, though many remained visible as of Tuesday evening. But the internet never forgets, and “MechaHitler” lives on. Screenshots with some of the weirdest Grok responses are being shared all over the place, and the furor over the AI…

The Winklevoss twins predicted Bitcoin could reach $1M at Bitcoin Conference 2025, calling it “orange is the new gold.” Bitcoin is up 15.47% this month; market activity surged, and Glassnode data shows a 7% rise in wallets holding over one BTC. The Bitcoin Conference 2025 sparked a new wave of market optimism, led by high-profile appearances from crypto pioneers Tyler and Cameron Winklevoss. Sharing the stage with prominent journalists, the Winklevoss twins drew attention for their bold forecast of Bitcoin’s future value. Winklevoss Twins Predict $1M Bitcoin During the event, the twins predicted that Bitcoin could eventually reach $1 million,…

Aave’s native token, AAVE, experienced a significant surge on Tuesday, hitting a three-week high that exceeded the $290 threshold. This growth parallels a broader resurgence in the decentralized finance sector. During the two-day span of Monday and Tuesday, AAVE saw a fluctuation from a low of $277.57 to a peak of $291.11, reflecting an approximate 5% increase. What Does the Technical Analysis Reveal?How Is Aave Cementing Its DeFi Position? What Does the Technical Analysis Reveal? The surge in trading volumes reached over 2,000 units by midday Tuesday, highlighting considerable buying interest. Technical analysis indicates that purchases within the $277-$280 range…