Author: NBTC

Vitalik Buterin recently expressed concerns about the current state of U.S. crypto policies in a tweet, highlighting significant issues that may hinder institutional adoption of cryptocurrencies. His commentary comes amid ongoing debates about regulatory frameworks affecting the industry, emphasizing the need for more favorable conditions for institutional players. For more details, see Buterin’s tweet here. The Story So Far The broader crypto market is reflecting mixed signals as Vitalik Buterin’s recent tweet resonates within the community. His critique outlines how U.S. regulations may stifle growth and innovation among institutional investors, a crucial demographic for the cryptocurrency landscape. With only a…

The Bank of the Philippine Islands (BPI) is planning to pilot a stablecoin-based settlement rail for cross-border payments to freelancers, virtual assistants and other workers receiving overseas income, according to local media reports. Developed with global digital clearinghouse Meridian, the system is intended to reduce the cost and processing time of inbound payments while retaining safeguards used in traditional banking transactions, according to ABS-CBN and the Philippine Daily Inquirer. Stablecoins would be used as a settlement instrument before the funds are converted to Philippine pesos and credited to recipients’ BPI accounts. BPI President and CEO Jose Teodoro Limcaoco said exploring…

World Chain has announced the launch of full block access lists, becoming the first production Layer-2 blockchain network to stream EIP-7928 block access lists within every flashblock. The feature is scheduled to go live on World Chain Mainnet on Aug. 17 and is designed to improve transaction throughput without increasing hardware requirements for validators. According to the company, as blockchain networks process more transactions, validators typically require greater computing power to verify blocks. World Chain said its implementation allows validators to verify blocks in parallel while they are still being built, with the goal of increasing throughput to as much…

These carry trades have helped fuel bull markets on Wall Street and in government bond markets across the advanced world for years. Some analysts believe they have also supported crypto markets. As a result, a sharp unwinding could destabilize markets broadly, including bitcoin. The current setup is strikingly similar to the one preceding the BOJ’s rate hike in late July 2024. At that time, yen short positions were at record highs. After the hike, the rapid unwinding of those shorts drove a sharp rally in the yen, sparking volatility across Wall Street, Japan’s Nikkei, and crypto. Bitcoin plunged from roughly…

The setback is notable because it runs counter to the bullish outlooks of Wall Street banks on stablecoin growth. Last year, global bank Citi revised its stablecoin growth forecast for 2030 to $1.9 trillion in its base case and $4 trillion in a bull case, up from $1.6 trillion and $3.7 trillion, respectively. Standard Chartered projected a $2 trillion market by 2028. The decline also carries broader relevance for the crypto market. Major stablecoins are widely used as the quote currency for crypto trading and increasingly for payments and settlement, making changes in their supply a closely watched gauge of…

Shiba Inu’s double-digit surge this week might have looked like a breakout on the charts, but on-chain signals from the Santiment update suggest the real action was behind the price move—whales distributing into retail enthusiasm. The token jumped 37% in just two days before rapidly surrendering a chunk of that advance, leaving latecomers holding the bag. Social dominance for $SHIB climbed to 0.084% on July 27, its highest reading since April 2. That spike arrived exactly as the breakout was losing steam, not at the start. When crowd chatter peaks after price has already extended vertically, it often marks a…

Wall Street’s $13 Trillion Endorsement Charles Schwab, the brokerage giant overseeing roughly $13 trillion in client assets, says the CLARITY Act is a “really important fundamental catalyst” for the crypto industry and “needs to pass.” The endorsement lands as Schwab itself has become a direct participant in the market, with the firm rolling out Schwab Crypto this year, letting clients buy bitcoin and ether directly at a cost of 75 basis points per trade (with the rollout expanding in stages from employees to waitlisted clients and eventually all eligible accounts across 48 states). That expansion gives Schwab a tangible stake…

$XRP is showing a widening gap between its spot and derivatives markets. Spot buying has reached its strongest level since early June, while leveraged traders on Binance continue increasing bearish bets. The trend was highlighted by CryptoQuant analyst Amr Taha. $XRP Spot Demand Hits Highest Level Since June Data shared by Taha shows the All CEX Estimated Spot Cumulative Volume Delta (CVD) climbed to about $388.6 million on July 23. That is its highest level since June 1. The metric tracks net aggressive buying and selling across centralized spot exchanges. The latest increase points to stronger buying pressure from spot…

The deal aims to bridge a critical gap between traditional equities and their blockchain counterparts. By enabling more than just trading, the partnership allows investors to hold tokenized securities while actively participating in corporate governance. xStocks Adds Voting Rights for Investors Through the integration of Broadridge’s corporate governance platform, holders of eligible tokenized shares can now receive invitations to general meetings, review proxy materials, and cast their votes via ProxyVote.com. Access is managed through Web3 authentication, allowing investors to use their own crypto wallets instead of traditional user accounts. This approach integrates the voting process directly into the blockchain ecosystem…

Nigeria now leads this year’s global stock table after its main equity index delivered a 67% return in dollar terms. That puts it just ahead of South Korea’s Kospi, which gained 66%. Bloomberg compared 92 exchanges, making Nigeria the strongest performer. South Korea had led as investors chased artificial intelligence shares. That trade later cooled and pushed the market into bear territory. Nigeria took first place as local stocks kept rallying, the naira gained 4% from January, crude prices stayed firm, and foreign currency became easier to access. Economic reforms and better dollar access keep Nigerian shares rising As we…