Author: NBTC
German Gref, CEO of Sberbank, Russia’s largest bank, is making headlines for expressing skepticism about the digital ruble during a financial forum in St. Petersburg on July 2, 2025. His opinion contrasts with Russia’s push to implement the digital ruble, with the Central Bank of Russia (CBR) mandating that banks offer digital ruble payment options by September 1, 2026. Gref struggles to see how digital currencies benefit Russia On Wednesday, German Gref, CEO of Russia’s dominant lender Sberbank, stated that he was having trouble seeing any potential benefits to Russia developing the digital ruble, except for cross-border settlements. According to…
Massive Token Unlocks Coming for 24 Altcoins in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
After a week in which the cryptocurrency market was extremely active and the Bitcoin price exceeded $ 100,000 and came very close to its all-time high, there will be large amounts of token unlocks in many altcoins in the new week. Here is the token unlock calendar that we, as Bitcoinsistemi.com, have prepared specially for you. (All times are stated as UTC+3 Türkiye time) Aptos (APT) Market Value: $3.66 billion Unlock Amount: $66.60 million (1.82% of Market Value) Date: May 12, 2025, 03:00 ether.fi (ETHFI) Market Value: $258.63 million Unlock Amount: $1.30 million (0.50% of Market Value) Date: May 12,…
Kazakhstan’s National Bank is moving ahead with plans to create a national cryptocurrency reserve. This initiative follows a May 22 response to a parliamentary inquiry and is part of broader efforts to integrate digital assets into the country’s regulated financial framework. A centralized body will control the reserve and is likely to be funded by seized digital assets and state-linked crypto mining. According to an X post by Kashif Raza, Chairman Timur Suleimenov confirmed the central bank’s support and outlined the role of a bank subsidiary that will manage the reserve under an alternative investment structure. https://x.com/simplykashif/status/1939643393073926632 The development comes…
Crypto mining stocks posted sharply divergent results across daily, weekly, and year-to-date periods, with Bitmine emerging as the sector’s standout performer. Crypto Mining Stock Performances Diverge Sharply The crypto mining industry is anything but dull in 2025. As of stats collected on July 8, 2025, Galaxy Digital Holdings Ltd. holds the largest by market cap at $7.48 billion, despite a 0.97% daily decline and a 12.68% drop over the past five days. On the other hand, MARA Holdings saw a 4.63% daily gain and an 11.59% weekly rise. Whereas Core Scientific, Inc. declined 5.46% daily and 18.72% weekly. The top…
Jupiter Exchange has become a formal partner of xStock Alliance and made a step in the development of decentralized finance (DeFi) products on the Solana chain. This collaboration is in line with the initiatives of both platforms to extend financial services to a broader audience and increase efficiencies due to employing decentralized infrastructure. Jupiter, the market aggregator of liquidity in the Solana ecosystem, is also important in enabling access to premium tokenized assets permissionlessly. xStocks <> Jupiter@JupiterExchange has joined the xStocks Alliance and our shared mission to democratize finance. Jupiter aggregates liquidity from pools across @solana and RFQ for permissionless…
Webus is activating $100 million in XRP-driven funding to scale its XRP treasury strategy, expand crypto payments, and accelerate global growth across mobility and loyalty sectors. Webus to Supercharge XRP-Powered Financial Strategy A strategic leap toward crypto treasury innovation is unfolding as Webus International Ltd. (Nasdaq: WETO) announced that it has secured capital to strengthen its XRP-driven financial framework across key international markets. The company stated on July 1 that it “signed a conditional Securities Purchase Agreement with Ripple Strategy Holdings for a senior equity line of credit of up to US$100 million.” The agreement, pending regulatory and underwriting approvals,…
Neiro (NEIRO), a little-known meme coin, is attracting crypto investors’ attention due to a recent whale’s activity in the market. Over the past 2 days, a whale has withdrawn a total of 5.16 million NEIRO tokens worth $6.12 million from Bybit and Gate.IO, according to data from Onchain Lens. This acquisition has attracted curiosity because of the huge quantity of tokens involved and NEIRO’s potential. In the past 2 days, a whale withdrew 5.16M $NEIRO (@NeiroOnEthereum), worth $6.12M from #Bybit and #Gate.Address: 0x808596cDd927611A631fa0CB6899DbF169af4b79 pic.twitter.com/pvshoFjs9d — Onchain Lens (@OnchainLens) May 11, 2025 Whales target Neiro The withdrawal of such big amount…
Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA), the virtual assets regulatory authority, to streamline the operations of its growing cryptocurrency ecosystem. The new regulatory body established by the Pakistani government is tasked with aligning Pakistan with global standards, supporting digital finance innovation, and regulating the country’s $300B crypto market. Pakistan launches its virtual assets regulatory authority The Government of Pakistan has officially established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its fast-expanding cryptocurrency and digital assets sector. The decision follows a cabinet-level approval and was confirmed by the Ministry of Finance in a statement. The…
Bitcoin cements its haven asset reputation. Is the “means of exchange” narrative still alive?
Bitcoin has always been compared to gold. As time went by, the safe haven reputation of Bitcoin only strengthened. However, Bitcoin was conceived as an alternative cash system, and Bitcoin enthusiasts still greet businesses that have started accepting bitcoins. What are the chances that Bitcoin will eventually become a regular means of exchange? Safe haven assets: Bitcoin and gold Gold has been recognized as a safe haven for a long time, meaning that it successfully preserves value in times of financial turbulence, serving as a strong hedge against inflation. Bitcoin, sometimes referred to as digital gold, is something new in…
Yaka Finance, a well-known DeFi platform, has announced the release of an exclusive product, Yaka Bridge. With this robust feature, Yaka Bridge, Yaka Finance aims to streamline and expedite cross-chain asset transfers to the Sei Network. The platform revealed the details of this product in a recent social media post shared on X. Yaka Bridge is here!Seamlessly move your assets to Sei and dive into Yaka, faster, smoother, anytime, anywhere.Built in collaboration with @debridge, the powerful cross-chain infrastructure connecting liquidity across DeFi.Your yield journey just got an upgrade. Let’s… pic.twitter.com/YMvK0ElXqL — Yaka Finance 🔱 – Degen’s Paradise on Sei (@YakaFinance)…