Author: NBTC

New data from Visa and blockchain analytics firm Allium shows that stablecoins transactions have eclipsed $5 trillion across one billion payments this year. These tokens are now jointly worth 47% more at a value of $255 billion since Donald Trump was declared the victor in the 2024 U.S. presidential election last November. Analysts linked the jump to investor excitement, greater regulatory clarity, and new corporate use cases. Stablecoins are finally delivering on their long-touted promise: offering a faster, simpler, and cheaper alternative to outdated payment systems. This shift is especially transformative for countries sidelined by major banks and payment networks,…

Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major U.S. banks, according to a note on Wednesday from brokerage firm Bernstein. Rather than competing with crypto platforms, JPMorgan is choosing to integrate with them, signaling a shift in how legacy institutions approach digital assets, analysts led by Gautam Chhugani wrote. The move is especially notable given JPMorgan CEO Jamie Dimon’s past criticism of crypto, marking a broader…

Leading U.S. exchange Gemini has announced plans to give away XRP tokens to one lucky follower. This announcement came via Gemini’s official social media handle on X, revealing plans to give away 305 XRP tokens — equivalent to $1,000 — to one person. According to the post, the exchange is organizing this giveaway to “celebrate the future of finance.” Context of the XRP Giveaway Celebration Notably, this move came as the price of XRP surged back into the $3 range, reaching $3.36 after previously dipping to $2.90 this week. Gemini stated that it would select and notify the winner by…

Bitcoin traded ticked down slightly after the U.S. central bank left the Federal funds rate intact as analysts had widely expected amid uncertain inflation readings and the Fed’s cautious rhetoric in recent months. BTC was recently trading at $117,777, off 0.1% over the past hour, according to crypto markets data provider CoinGecko. The largest cryptocurrency by market capitalization is down about 4% since hitting a record high near $123,000 two weeks ago. Ethereum, the second largest digital asset by market value, was changing hands at 3,809, a 0.4% increase since Tuesday, same time. ETH has been outperforming BTC and other…

BanXchange has suggested a significant new improvement. The XRP Ledger will form the basis of the company. This ledger is also fast, secure and cheap to transact in. The initiative focuses on the advantage of the retail and institutional users. There is anticipation of an official announcement of the same in coming week. Anticipations are growing by day to day. Market analysts hold the view that this update could trigger increased rates of adoption. Investors have already speculated on the potential effect. There are hopes that the upgrade will introduce new token usages. BanXchange has not disclosed the entire technical…

The Fed held its policy rate steady at 4.50% at its July meeting, in line with expectations. This marked the fifth consecutive meeting where the Fed kept interest rates unchanged. Following the interest rate decision, short-term fluctuations in spot gold, silver, and the US dollar index (DXY) were limited. Markets interpreted the Fed’s statements as cautious but without surprises. The Fed’s Open Market Committee (FOMC) statement stated, “Inflation remains elevated.” Furthermore, the phrase “decreasing uncertainty” from the previous meeting’s statement was removed. This change was interpreted as a message that uncertainty in the economic outlook persists. Other important highlights are…

After the Fed left interest rates unchanged and two Fed members voted against it, Chairman Jerome Powell made a statement and answered questions live on air. Here are all the highlights from Powell’s speech: The economy is in a solid position. Inflation is slightly above targets. The current policy stance puts us in an advantageous position. The Fed remains focused on its dual mandate objectives. Indicators show that economic growth is slowing. The slowdown in growth reflects a slowdown in consumer spending. Housing sector activity remains weak. The unemployment rate remains low and within a narrow range. Labor market conditions…

In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime Trust had perpetrated a massive fraud for almost a year. Regulators at the Nevada Financial Institutions Division, whose mandate had been to prevent such scams, did not step in until it was too late. Although the size of the fraud was large, with over 80…

Markets are reacting to the Fed’s interest rate decision, amid ongoing concerns over trade policy. Summary The Fed will maintain interest rates steady Trump continues to call for lower rates Tariffs remain a concern for inflation Major U.S. stock indices were up after the expected Fed decision on interest rates. On Wednesday, July 30, the FOMC decided to maintain rates at 4.25% to 4.50%. Low unemployment and still somewhat elevated inflation influenced the decision to postpone a rate cut. Still, the vote was split, with Trump appointees Michelle W. Bowman and Christopher J. Waller arguing for a rate cut. Following…

Tech giants Robinhood, Meta, and Microsoft reported second-quarter 2025 earnings on Wednesday, and all four beat analyst expectations. Their stocks reacted immediately, with each company seeing gains in after-hours trading. According to the financial disclosures released July 30, the reports revealed major growth across key metrics like revenue, user activity, cloud sales, and trading volumes, pushing valuations higher as investors digested the latest numbers. Robinhood closed regular trading at $103.32, up 2.69%, before rising to $103.98 after hours. Meta shares jumped over 10% following the results. Microsoft rose 8%, lifting its market cap past $4.1 trillion. All the results were…