Author: NBTC

SBI Holdings, one of Japan’s largest financial services groups, has indicated that it will only recognize the valuation of its Ripple shares once the firm goes public or receives an equivalent formal valuation. As revealed by XRP community figure Eri, the disclosure came as part of SBI’s annual financial report for the year ended March 31, 2025, where the company detailed its crypto asset business ambitions and hinted at explosive growth potential tied to its longstanding investment in Ripple. SBI Reports Stellar Financial Year The report confirmed that SBI had a stellar year, with revenue surging 19.3% year-on-year to ¥1.44…

Rango Exchange, a cross-chain decentralized exchange (DEX), has announced its latest collaboration with Partner Hub of zkSyc, an L2 scaling solution developed on the Ethereum ecosystem. The partnership aims to fortify its commitment to unparalleled blockchain connectivity as well as advanced DeFi infrastructure. The platform revealed this initiative in a social media post shared on its official X account. 🚀 Rango Now Live on zkSync’s Partner Hub! 🚀We’re officially listed on @zksync! 🎉From day one, Rango has helped onboard users & liquidity from 70+ chains into #zkSync, making #crosschain access smooth and seamless!🌍🔁We stay aligned with zkSync’s latest tech upgrades…

BlackRock’s Bitcoin ETF hits $71B, becoming the best-performing ETF in history. MicroStrategy’s BTC stash grows to 580,250 coins, doubling down on corporate crypto. JPMorgan and Morgan Stanley now offer Bitcoin ETFs to their clients. Bitcoin has truly come a long way from being a fringe experiment in its early days to now commanding center stage within the global finance arena. To this point, over the last couple of years itself, it seems as though every Wall Street titan has quietly become a Bitcoin holder with BlackRock’s iShares Bitcoin Trust (IBIT), for instance, swelling to about $71 billion in assets (as of…

A highly leveraged trader on Hyperliquid, Qwatio, found himself facing 8 consecutive liquidations after betting against the market rally. This happened as the cryptocurrency market surged by 1.78% over the past 24 hours, fueled by a US-Vietnam trade deal. As Bitcoin (BTC) and Ethereum (ETH) rallied, Qwatio’s shorts took a hit, marking a rough day for his strategy. Hyperliquid Trader Hit with Liquidations Amid Market Surge According to the latest data from BeInCrypto, the market turned green following a rally sparked by eased tariffs on Vietnamese exports. Bitcoin rose 2.5%, reaching $108,766 at press time. Ethereum saw an even bigger…

⚈ XRP exchange reserves surged 4.11% to a 1-month high of 2.84 billion.⚈ Ripple’s SEC settlement news boosted XRP’s price from $2.14 to $2.34.⚈Whales moving XRP to exchanges hints at potential selling pressure ahead. XRP exchange reserves reached a 1-month high on May 10, when some 2,845,253,166 tokens were being held on exchanges. This represents a noticeable surge of 4.11% since May 6, when the exchange reserves totalled 2,732,839,565 XRP, per data retrieved by Finbold from on-chain analytics platform CryptoQuant. By press time on May 12, XRP exchange reserves had diminished slightly, down to 2,838,110,274. Elevated XRP exchange reserves could…

In the ever-evolving world of cryptocurrencies, staking is of paramount importance when it comes to earning rewards. Staking literally means “risking” one’s capital for some gain in the future. In crypto finance, the term implies locking one’s digital assets on a PoS (proof of stake) blockchain like Ethereum, Cardano, Solana, etc. for a fixed time to earn some passive income. When you stake, you keep your crypto as a collateral, a guarantee, on the blockchain, so that the network can trust you to unlock new blocks. In contrast to PoW (proof of work) system of Bitcoin, the PoS system is…

Bitcoin surged 18.66% in May, hitting $111,970, but Lark Davis says key profit indicators show the rally still has room to grow. Lark Davis highlights the Net Realised Profit/Loss (NPL) and Net Unrealised Profit/Loss (NUPL) metrics, signaling Bitcoin holders aren’t rushing to sell yet. Bitcoin continues to capture investor attention as it navigates a critical phase in its price cycle. Entrepreneur and well-known Crypto Analyst Lark Davis recently shared his perspective on whether the market is nearing its peak or still has room to run. Bitcoin’s May Performance and Current Price Overview Starting May at approximately $94,146, Bitcoin’s price surged…

Cryptocurrency-related firms scramble for legitimacy and infrastructure parity with traditional banks as the US progressively leans pro-crypto. Against this backdrop, a clear regulatory hierarchy has emerged, with reports indicating that only two players are at the top. Crypto Firms Battle for Fed Access, But Only Custodia and Kraken Are In Custodia Bank and Kraken Financial are the only crypto-native institutions with full bank charters. This positions them as frontrunners for coveted Federal Reserve (Fed) master accounts. Custodia Bank CEO Caitlin Long distilled the stakes in a post on X (Twitter), highlighting a deepening divide between regulatory status and real access.…

Crypto airdrops have become lucrative opportunities for the community, offering a chance to earn rewards with minimal or no initial investment. This May, the crypto community is abuzz with several high-potential airdrops. Here, we explore three notable airdrops backed by strong funding and engaging participation methods. Bluefin Firstly, Bluefin secured $29.2 million from top firms like Polychain Capital, ParaFi Capital, CMS Holdings, DeFiance Capital, and Hypersphere Ventures. Flow Traders, LongHash Ventures, Beam, Alameda Research, and Three Arrows Capital also provided additional support. While details remain scarce, Bluefin has offered airdrop farmers an early access form since May 10. The DeFi…

Binance, one of the world’s leading cryptocurrency exchanges, announced that it will support the Celo (CELO) network upgrade and hard fork process, which will take place on July 9, 2025. Binance Will Support Celo (CELO) Network Upgrade and Hard Fork According to the statement made by Binance, in order to support the network upgrade, deposits and withdrawals of all tokens on the CELO network will be temporarily suspended as of 17:00 on July 9, 2025. The network upgrade and hard fork are expected to occur around 18:00. During the upgrade process, trading of tokens on the CELO network will not…