Author: NBTC
Dubai’s financial regulators have officially licensed the first firm in the Emirate to provide crypto investment advice, a move that creates a compliant gateway for institutional money to enter the digital asset market. The Virtual Assets Regulatory Authority (VARA) granted the full operational license on June 23 to GAP 3 Partners FZCO (G3), authorizing it to guide institutional clients and family offices across Dubai. A Team of Industry Veterans at the Helm G3 was founded by a team of industry veterans—Robin Janaway of Outlier Ventures, Chris Donovan from the NEAR Foundation, and seasoned blockchain advisor Adib Tohme. The firm operates…
South Korea’s leading cryptocurrency exchange Upbit has announced that it will begin offering support for the Ethereum-based digital asset Newton Protocol (NEWT) on KRW (Korean Won), BTC, and USDT trading pairs. Upbit Announces New Trading Pairs for Newton Protocol (NEWT): Support Begins in KRW, BTC, and USDT Markets According to Upbit, NEWT can only be sent and received via the Ethereum network. Transfers from other networks are not supported, and even if such transactions are refunded, it may take a long time. Additionally, all NEWT deposits made before the asset’s reference price is determined on price tracking platforms such as…
GAEA has formed a collaboration with InitVerse. This is a major step towards changing the face of decentralized application (DApp) development. 🔈Big news! We are pleased to announce our partnership with @InitVerseInitVerse is an all-in-one platform designed to make Web3 development intuitive, secure, and scalable. Built on INIChain, our high-performance Layer 1 blockchain, InitVerse simplifies the entire DApp… pic.twitter.com/AS9eGtRxTE — GAEA (@aigaealabs) June 20, 2025 The partnership will unite the AI-powered decentralized ecosystem of GAEA with the all-in-one DApp SaaS platform of InitVerse to herald an efficacious combination that will make Web3 development accessible, secure, and more scalable. The collaboration…
Although Bitcoin has been in a holding pattern for longer than many had hoped, industry commentator Mike Alfred believes BTC may be on the cusp of a major price breakout. Today, Bitcoin posted a 0.5% decline, trading at $104,800, with a weekly performance showing a 2.5% dip. However, in a recent post on X, Alfred revealed that his proprietary indicators are aligned and pointing toward a significant upward move. Specifically, he is targeting a Bitcoin price between $121,000 and $166,000 as early as July 18. The disclosure was humorous, with Alfred jokingly urging community members to “keep this between us.”…
Sky Protocol launches SKY token on Optimism to unlock faster, cheaper DeFi interactions across the Superchain ecosystem. SKY token enables staking rewards and full governance after replacing MKR in the Sky DAO migration proposal. Sky Protocol’s native token, SKY, is officially live on the Optimism network, a move that has immediately caught the attention of many crypto users. By joining the Superchain ecosystem, SKY is not only seeking technical convenience, but also broadening the stage for their ambitious vision of building a more efficient and inclusive crypto-based financial system. So far, Sky Protocol’s performance has attracted attention through the success…
The number of XRP holders has nearly doubled between October 2024 and May 2025, expanding from 1.29% to 2.42%, while Solana (SOL) experienced the opposite, falling 35% from 2.72% to 1.76%. According to Bybit’s “H1 2025 asset allocation report,” the rebalancing stems from a shift in sentiment as both retail and institutional investors have begun to favor XRP over Solana. XRP has gained momentum in recent months as its years-long legal battle with the SEC comes to a close, setting the stage for a potential spot exchange-traded fund tied to Ripple’s token. The sentiment shift has propelled XRP to the…
Ripple recently shared a rather mysterious post on X, stating: “If it’s happening onchain, it’s happening with Ripple.” The post was accompanied by a short video that includes a ticking clock, a charging bull, and directional signs pointing to Wall Street, Broad Street, and the Marunouchi Line. Naturally, this was more than enough for speculation to arise among the XRP and crypto community in general, as the post points to Ripple’s role in bridging traditional financial centers with global institutional infrastructure. Mysterious X Post Points to Financial Hub Integration The most interesting part is the inclusion of the Marunouchi Line,…
A Singapore court has granted the Indian cryptocurrency exchange WazirX an extension on a legal moratorium related to its ongoing restructuring efforts. The development is the latest in the exchange’s attempt to recover from a $234 million exploit linked to North Korean hackers that occurred nearly one year ago. In its latest announcement, the crypto exchange told users that the Court has granted its request to present further arguments in its application for the Court’s sanction of a proposed Scheme of Arrangement. Court Extends Moratorium, Delays Final Decision According to WazirX, the Court extended the initial deadline for the moratorium…
OpenLoop, a decentralized wireless platform leveraging untapped internet bandwidth of the consumers to develop a scalable network, has partnered with Spheron Network, a decentralized entity offering secure and scalable compute resources. The collaboration aims to increase the scalability of OpenLoop’s wireless mesh ecosystem’s scalability with cutting-edge GPU infrastructure of Spheron Network. The platform took to its official X account to disclose this initiative. We’re thrilled to partner with @SpheronFDN , tapping into their decentralized GPU compute to boost our wireless mesh network’s scalability. https://t.co/haoO2S5VYt — OpenLoop (@openloop_so) June 20, 2025 OpenLoop Integrates Spheron Network’s Latest GPU Infrastructure to Improve Operational…
A notable analyst has suggested that Bitcoin price often observes massive upsurges shortly after a golden cross pullback. Notably, Bitcoin price recently climbed to a new all-time high of $112,000, but the rally met resistance. The price pulled back, with BTC now trading at $104,372, a 2.73% drop over the past week. Despite this dip, Chain Mind, a well-followed crypto analyst, believes this is nothing unusual. In fact, he expects a strong rebound, predicting that Bitcoin could reach $150,000 by the end of 2025. Bitcoin Price Always Rallies After Golden Cross Pullback In his recent analysis, Chain Mind pointed to…