Author: NBTC
In the first quarter of 2025, XRP’s market capitalization grew by 1.9%, reaching $121.6 billion, while the combined market cap of bitcoin, ethereum, and solana fell by 22%. All network metrics for XRP improved for the second consecutive quarter, with average daily active addresses increasing by 142% to 134,600. XRP Metrics Improve for Second Consecutive Quarter XRP’s market capitalization remained nearly flat in the first quarter of 2025, growing by just 1.9%, according to the latest Messari XRP Ledger Q1 2025 report. However, it still outperformed the combined market cap of bitcoin ( BTC), ethereum ( ETH), and solana (…
The Financial Conduct Authority (FCA) unveiled plans to allow companies to offer consumers generic recommendations without complying with all the expensive rules around providing personalised advice. This is one of the biggest shake-ups of investment advice for a decade. Millions of British savers will be granted access to “targeted support” under wide-ranging new rules to aid people’s quest for better returns on their money. Barclays’ analysis shows that around 13 million adults in the UK are keeping about £430 billion in cash, based on the savers who currently have more than six months’ income in savings, which could be invested.…
Scor on Sweet, a Telegram mini-app ecosystem, has launched a clone of the classic mobile game Flappy Bird—but this time with a tennis twist, featuring stars of the real-world game. Flappy Racquet arrives as the sport’s most prestigious Grand Slam tournament, Wimbledon, is just getting into full swing. The game appears simple: tap on the screen to hit tennis balls away and avoid drones as your character flies through the sky. Miss a ball, and your progress is reset. Top players will be rewarded by being airdropped their favorite pro athletes as playable characters, all with unique boosts, minted as…
Binance will reportedly keep its over 400 of its workers based in Singapore, despite a crackdown on unlicensed crypto firms in the region after the June 30 deadline passed. According to a recent Bloomberg report, the world’s largest crypto exchange by trading volume will maintain its Singapore-based workers even after the Monetary Authority of Singapore’s deadline for crypto firms to cease operations in the region by June 30 has come to pass. Bloomberg’s analysis found that more than 400 of the crypto exchange’s staff are working from Singapore, based on their LinkedIn profiles. Unlike Bitget and Bybit, which have decided…
After missing a couple of beats in late May and early June, BlackRock’s iShares Bitcoin exchange-traded fund (IBIT) returned to its previous searing form last week, totaling about $1.1 billion in net investments. The fund has been one of the great investment success stories, cracking $70 billion in assets under management in just 341 days, faster than any of the thousands of funds in the ETF industry’s 32-year history. IBIT’s popularity reflects not only of the $11.6 trillion asset management giant’s brand strength but also the growing embrace by once crypto shy investment advisors and other institutions. “The fact that…
A single XRP transaction worth over half a billion dollars failed to move the market, raising concerns among community pundits. Notably, these concerns emerged as XRP has failed to mirror the recent market momentum that has pushed Bitcoin (BTC) to a price discovery phase. Specifically, BTC has now changed hands above $111,000 for the first time in history. The asset recently breached its previous all-time high at $109,000. Despite Bitcoin’s recent milestone, XRP trades at the lower end of the $2 price region, trading for $2.4 with a meager 0.6% drop this week. Amid this price stagnation, market participants expect…
Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in Brooklyn federal court. Golden had pleaded guilty in September 2024 to conspiracy to commit wire fraud and money laundering. Golden, alongside co-defendants Gregory Aggesen, Marquis Egerton (also known as “Mardy Eger”), and William White, operated three fraudulent digital asset firms—EmpowerCoin, ECoinPlus, and Jet-Coin. Prosecutors said…
KBC Group is preparing to offer retail clients in Belgium the opportunity to invest in major cryptocurrencies this fall, local media unveiled. With the move, the large financial services company is taking the lead among Belgian banks, which have been shunning the decentralized digital assets until now. KBC to allow cryptocurrency trading through Bolero Belgian bank KBC will let retail customers trade Bitcoin (BTC) and Ether (ETH) via its investment platform Bolero in the coming months, Belga news agency reported on Wednesday. The initiative is a first in Belgium, where traditional banks have been reluctant to enter the crypto market,…
Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now consolidating and might aim for a recovery wave above $106,000. Bitcoin started a fresh decline below the $106,500 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $105,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it clears the $106,000 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price started a fresh decline and traded below the $106,500…
Startups and established companies are launching meme coins—and crypto degens are sending their valuations skyrocketing—in a trend known as “internet capital markets.” In traditional capital markets, entities can raise capital by selling stocks, bonds, commodities, and more. Internet capital markets advances on this idea by implementing a digital-native fundraising tool: meme coins. As a result, established companies like classic video platform Vine have launched multi-million dollar tokens, while emerging companies like podcasting app JellyJelly have also attracted huge market capitalizations. What are internet capital markets? Internet capital markets is a term that refers to companies raising money or promoting their…