Author: NBTC
Big investors have now set their eyes on Ethereum. Last week, there was a great rebound of the asset’s price from $2,200 to $2,500. This increase in price prompted investments from several institutional players. According to data from Glassnode, spot Ethereum ETFs recorded net inflows of 106,000 ETH during the week. This marks the seventh straight week of positive flows. The graph shows red and green bars, highlighting ETF net flows over the past months. The outflows were high in March, and at times close to 100,000 ETH were lost. By April, there was a change of spirit. The inflows…
Former Fed Vice Chairman Roger Ferguson said on CNBC’s “Squawk Box” program that the Fed is not expected to cut interest rates at this week’s meeting. Ferguson stated that in the current economic conditions, the central bank is operating in a “wait-and-see” mode and must be patient. Ferguson said, “The Fed will not cut interest rates at this meeting or even the next one. They hope inflation will decline further, but they will continue to be cautious.” He said the Fed will send “vigilant and patient” messages to the market in its statements this week, and that this situation may…
A recent discovery by XRP community members has shed new light on Hidden Road, the prime brokerage firm Ripple acquired in April. Specifically, it revealed that Hidden Road joined the Government Securities Division (GSD) of the Fixed Income Clearing Corporation (FICC), part of the DTCC, as a member in March 2025, just weeks before Ripple officially announced the acquisition. The membership grants Hidden Road access to a clearing system that processes over $11 trillion in daily U.S. Treasury trades. XRP community member Matthew called attention to this development in a tweet. DTCC’s GSD Clears Over $11 Trillion Daily According to…
Hyperliquid processed over $1.5 trillion in perpetual futures volume over the past year with record-breaking growth in May. More than 92% of revenue is used for HYPE token buybacks, fueling deeper liquidity and token support. The figure of $1.571 trillion is not a small number. That is the total trading volume of Hyperliquid’s perpetual futures over the past year, according to Dune. And of that amount, the platform managed to collect revenue of around $310 million. Enough to make other derivatives exchanges start to be wary, especially considering the trend of users and volumes that continue to increase every month.…
Last week, Ross William Ulbricht, at the 2025 Bitcoin Conference in Las Vegas, gave a speech about the principles of freedom, decentralization and unity. Ross Ulbricht started by talking about his experience in prison and the price difference when he got into prison compared to now. “When I launch Silk Road, buying a whole bitcoin will set you back less than a dollar,” said Ross. “Pocket change. Can you imagine that? Now they are worth over $100,000 each.” “Bitcoin’s power comes from the fact that any one of us can mine if we choose to, and any one of us…
Recent tailwinds such as staking on exchange-traded funds (ETFs) and regulatory clarity may drive Ethereum (ETH) toward $3,000 in the coming weeks, according to a note by MEXC Research. As of press time, ETH was trading at $2,510, up 3% over the past 24 hours. MEXC Research linked the upside scenario to two key drivers: new US regulations for dollar-pegged tokens and renewed institutional demand. The Senate passed the GENIUS Act earlier this month and sent the stablecoin-focused bill to Congress for final consideration. According to MEXC Research, Ethereum handles the most stablecoin traffic, so the law “serves as a…
Newly public tech and crypto companies are big beneficiaries of renewed investor interest in the U.S. IPO sector. Investors are trading the shares of newly listed companies enthusiastically, hoping for a company that will deliver consistent gains. The sudden increase in investor interest in IPOs is sending shares of newly public companies soaring on their first day of trading. This enthusiastic trading resulted in the most fervent first-day trades the U.S. market has seen since the boom days of 2021. The IPO wave is at historic levels The recent streak of strong market debuts includes a 140% gain for the…
XRP’s uptrend gains steam, supported by a major comeback in Open Interest to $4.96 billion. Volatility Shares will debut XRP futures ETF on NASDAQ, allocating 80% of net assets to XRP instruments. XRP upholds a higher low pattern with the RSI at 56, signaling room for more growth before reaching overbought conditions. Ripple’s (XRP) price accelerates the uptrend to around $2.43 at the time of writing on Thursday, propelled by improving sentiment in the broader crypto market after Bitcoin (BTC) rapidly rallied to new all-time highs at approximately $111,880. The impressive rally in Bitcoin’s price, which has also triggered subsequent…
Kraken has rolled out xStocks, offering over 60 tokenized U.S. stocks and ETFs, including Nvidia, Apple, Tesla, and more. Crypto platforms are increasingly integrating TradFi features. On Monday, June 30, crypto exchange Kraken launched xStocks, enabling users to trade tokenized securities. Traders are now able to gain exposure to several major stocks, including Nvidia, Apple, Tesla, GameStop, and more. Through xStocks, Kraken will offer tokenized versions of 55 U.S. stocks and 5 ETFs. These assets will be backed 1:1 with real stocks and issued on the blockchain as SPL tokens. What’s more, traders can withdraw their xStocks tokens to their…
An analyst known for making timely Bitcoin calls is outlining what he believes is the most bullish scenario for BTC as the crypto king struggles to sustain a rally above $110,000. In a new strategy session, pseudonymous analyst Credible tells his 70,100 YouTube subscribers that he thinks Bitcoin will not retest a key psychological level as support if BTC is in the midst of an aggressive uptrend. “If we are in the most bullish scenario, then we will not take these lows [at $100,000]. We’ll simply find buyers above these lows, will front run them and we’ll continue higher.” But…