Author: NBTC
Circle’s dynamite IPO this week wasn’t just impressive by crypto standards—it outperformed expectations to a degree unrivaled even by America’s most prominent tech companies. The evening before its Thursday trading debut on the New York Stock Exchange, Circle priced its stock, CRCL, at $31 a share. That represented a mark-up from the lower share prices the firm floated earlier in the week: $26, and then $28. Such last-minute moves are generally indicative of increased investor interest in a company’s stock market debut. But nothing could have prepared Wall Street for the stablecoin issuer’s bombshell first-day performance. Within minutes of the…
As the crypto market continues to see positive trends in the prices of cryptocurrencies since the beginning of the week, XRP has seen its price stay stable but witnessed a dramatic surge in payment activities, according to recent data from XRPSCAN. The data shows a massive jump of 117.41% in XRP on-chain payment activity over the last 24 hours, where the third-largest cryptocurrency by market capitalization only recorded about 500,000 payment counts the previous day. This massive surge has seen XRP payments hit a monthly high after surpassing 1.1 million on June 9, despite the flat price movement. The token…
Singapore’s MAS has enforced a strict June 30 deadline for all unlicensed crypto firms operating from its territory. The new rules target even offshore-facing firms and freelancers working from Singapore, with no transition period allowed. Compliance requires licensing, customer re-onboarding, SGD 250K capital, and adherence to FATF and tech risk standards. Singapore is taking a firm stand on crypto regulation, with the Monetary Authority of Singapore (MAS) issuing a strict June 30 deadline for unlicensed digital asset service providers. The move targets firms based in or staffed in Singapore that serve overseas customers, requiring them to obtain a license or…
BVNK, a London-based firm that helps payment service providers (PSPs) use stablecoins, is working with Chinese payments company LianLian and its network of merchants in over 100 countries. The BVNK integration automatically converts merchant stablecoin deposits to USD, which LianLian Global routes through its global network, the companies said on Wednesday. Stablecoins are a fast-growing segment of the payments world, with various estimates about how large this market will become in the coming years, ranging from $1.6 trillion to $3.7 trillion by 2030. BVNK, which raised $50 million of funding late last year, processes over $12 billion of stablecoin transactions…
Meta Pool, a leading liquid staking DAO on the NEAR Protocol, has launched Node Studio. Key takeaways Meta Pool’s Node Studio makes running a NEAR validator node possible with no technical setup, starting at just $29/month. Users without the required 25,000 $NEAR stake can apply for delegation support from Meta Pool’s DAO. Node Studio lowers the barrier to blockchain participation, enabling broader access to Web3 infrastructure and governance. Node Studio is a no-code validator deployment platform aimed at breaking down technical and financial barriers to node operation. Developed with the support of NEAR Protocol and technical partner Openmesh, Node Studio…
Bitcoin has dominated headlines for years, smashing price records and cementing itself as a leading global asset. Yet barely anyone seems to be Googling it anymore. According to recent Google Trends data, global search interest for “Bitcoin” (BTC) has dropped to its lowest point in five years, even as the asset trades at an impressive $107,000, just shy of its all-time high. Historically, big price surges in Bitcoin have gone hand-in-hand with public curiosity, especially during headline-making rallies. But this time around, the internet seems unusually quiet, and there may be several reasons for it. Google Trends chart showing declining…
Curve Finance founder Michael Egorov has introduced a new decentralized finance (DeFi) strategy designed to eliminate impermanent loss, one of the biggest and most persistent challenges for liquidity providers. The proposal was detailed in a new paper published by Yield Basis on the social media platform X, captioning it “Yield Basis is coming.” _ @yieldbasis is coming https://t.co/OgUnOzo3Ni pic.twitter.com/1bqoADH4UB — yieldbasis (@yieldbasis) June 12, 2025 The proposed model uses a novel combination of stable leverage and interest rate balancing, giving liquidity providers the benefits of earning automated market maker (AMM) fees while only being exposed to a single asset, neutralizing…
Ethereum price may be on the verge of a bullish breakout to $4,000 after forming a bullish flag and a golden cross pattern, and as the iShares Ethereum ETF nears a crucial milestone. Ethereum (ETH) was trading at around $2,500 at last check on Saturday — higher than this week’s low of $2,380. A potential catalyst for ETH is the ongoing exchange-traded fund inflows, which have surged in the past few weeks. SoSoValue data shows that these funds have added substantial inflows in the past three weeks. They added $25 million on Friday, the 15th consecutive day of gains, bringing…
Wall Street’s addiction to hype just hit a wall. The fallout from the public split between Trump and Elon Musk torched everything tied to their names — from crypto to ETFs. According to data from Bloomberg, the clash between the sitting US President and the world’s richest man wiped billions off trades in less than 24 hours. Stocks linked to their brands collapsed while retail investors scrambled. No speeches. No warnings. Just losses. The drama exploded after a tax bill from the White House threatened to slash Tesla’s electric vehicle subsidies. Elon fired back. Trump, already deep into his second…
UK financial regulator the Financial Conduct Authority (FCA) said it will allow consumers access to crypto exchange traded notes (cETNs), as the watchdog aims at growing digital assets in Britain. The move means cETNs could be sold to individual consumers rather than just professional investors in the UK, provided these are traded on an FCA-approved investment exchange (a Recognized Investment Exchange or RIE), according to an FCA press release on Friday. FCA pointed out that similar products are already available in other countries. The FCA’s ban on retail access to cryptoasset derivatives will remain in place, while the regulator continues…