Author: NBTC
Have you heard? Ethereum is dead. Or no…wait, it is pivoting. The price isn’t high enough. Other chains are gaining traction. Something must be done. Ethereum is not dead. It is not pivoting. It’s doing just fine. The constant chatter about Ethereum online seems to fulfill a need for drama that the network itself has failed to provide. Ethereum has been the world’s leading and largest programmable blockchain since its inception. As Ethereum approaches its 10th birthday, it remains the preferred destination for digital asset investors, banks, and start-ups in the crypto ecosystem. Perhaps the biggest source of friction in…
Big news from the world of institutional crypto! Amber International, the dedicated arm of Amber Group focusing on services for large financial players, has just announced some impressive figures. They’ve reported a record-breaking Q1 revenue, signaling strong performance in the first quarter of the year. What Led to Amber International’s Record Q1 Revenue? According to reports from JinSe Finance, Amber International posted a significant $14.9 million in revenue for the period ending March 31st. This figure represents a new high for the company’s quarterly performance, highlighting substantial growth compared to previous periods. The company points to a key strategic move…
Leading XRP community voices are pushing back against concerns that the Ripple stablecoin RLUSD will overshadow XRP’s utility. Instead, they argue that RLUSD will strengthen XRP’s role within the XRP Ledger (XRPL) ecosystem. XRP Still Dominates Pathfinding According to analysis shared by the “All Things XRP” account, XRP remains central to transaction routing on the XRPL due to its status as the native bridge asset. The network’s pathfinding algorithm automatically defaults to XRP when identifying the most efficient route for cross-currency payments. This gives XRP a unique advantage over any newly introduced asset, including RLUSD. XRP continues to offer faster…
Senate Democrats Elizabeth Warren and Richard Blumenthal want Meta to explain what its stablecoin plans are. In a letter sent to the social media giant on Wednesday, the lawmakers asked the company formerly known as Facebook to detail its stablecoin ambitions and pointed to previous reports about issues Meta has had with scams, “alleged anticompetitive conduct,” and privacy issues. Meta is considering using stablecoins for payments, Fortune reported last month. “If Meta controlled its own stablecoin, the company could further pry into consumers’ transactions and commercial activity,” the letter said. “The massive amounts of consumer data it would ingest could…
Spheron Network, a popular decentralized compute ecosystem, has started a new joint endeavor with Chainbase, a prominent omnichain data platform. As included in this partnership, Spheron focuses on establishing an advanced data infrastructure to merge artificial intelligence and blockchain technology. The platform revealed this development in a recent post shared on its official X account. The open internet needs an open data layer.@ChainbaseHQ is building just that — an omnichain network where blockchain data becomes programmable, composable, and usable by AI in real time.But to power that vision, you need serious compute power. Fast, Flexible, and… pic.twitter.com/NaznTj2BMD — Spheron Network…
Bitcoin BTC$105,805.43 held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week.On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.” Trump, who has often boasted of past support from Musk, firmly dismissed the idea of…
Ether (ETH) ETH$2,861.84 drifted around $2,770 for most of Tuesday until roughly 8 p.m. ET, when officials said negotiators in London had forged a draft U.S.–China trade framework. The outline — till awaiting presidential approval — would see Beijing resume rare-earth exports while Washington eases curbs on advanced-technology sales. At 8:04 a.m. ET on Wednesday, former U.S. president Donald Trump posted on Truth Social that “OUR DEAL WITH CHINA IS DONE,” pending his and President Xi’s formal approval. Trump claimed the accord would leave U.S. tariffs on Chinese imports effectively at 55 percent versus Beijing’s 10 percent, promised that China…
The Reserve Bank of India wants to roll out new functionalities for the digital rupee and test its use in cross-border payments with international partners. India‘s central bank said it will introduce new features and use cases for the digital rupee’s cross-border use, signaling a possible shift toward its international adoption. The update came in the Reserve Bank of India’s Annual Report for 2024-25, where it said the next phase of development would build on lessons from existing pilots, CNBC TV18 reports. The RBI launched its wholesale digital rupee pilot in November 2022, followed by the retail pilot in December…
Ripple’s president Monica Long has published a tweet, highlighting the big moonstone recently achieved by RLUSD in Dubai. She revealed that now all companies licenced by DFSA can use RLUSD now. The Ripple president referred to this event as a big milestone for RLUSD. Big milestone – RLUSD is now recognized under Dubai’s world-class DFSA regime, meaning it can be fully integrated into Ripple Payments (and utilised by any other DFSA-licensed firms!) in the @ DIFC 🇦🇪🔗https://t.co/Ko8V3ms1cJ — Monica Long (@MonicaLongSF) June 3, 2025 7,000 new RLUSD users in Dubai Monica Long has commented on the Dubai Financial Services Authority…
The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin issuers, clearing the highest procedural hurdle with a 68-30 result. In a moment that will mark the industry’s greatest U.S. policy success to-date, the famously slow-moving Senate is on its way to clearing the legislation with wide bipartisan support. And as the crypto world watches the Senate reverse what had long been a crypto-resistant stance, the House of Representatives has also scored a pair of key votes to advance legislation…