Author: NBTC

Binance’s Top Wallet Stops Sending But Keeps Receiving Address 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo holds 248,598 $BTC, worth $15.74 billion and 1.24% of all coins in circulation. It’s the largest address on the entire blockchain in terms of $BTC held. Binance’s cold wallet label first received funds on Oct. 18, 2018, and it’s still receiving $BTC today, with a last-in timestamp of July 3, 2026. The address has logged 5,531 separate inbound transactions, by far the highest input count of any wallet in the top 12. That volume points to constant customer deposits flowing into cold storage rather than a handful of large transfers.…

Token unlocks often trigger market consequences. More than $5.8 million worth of Canton [CC] tokens entered circulation over the last 24 hours, increasing the amount of supply available to the market. Such events are typically associated with heightened volatility as traders position for potential selling pressure. However, this time the reaction has deviated from the norm. Source: DefiLlama Why CC’s surging volume doesn’t reflect its price According to the recent data from Token Terminal, CC’s trading volume has recorded significant weekly gains. The network’s trading volume has surged by about $10 million over the past seven days. At press time,…

The United States Senate returned from its holiday recess on July 13 with one piece of paper waiting on its desk that matters more to crypto markets than any price chart. The Digital Asset Market Clarity Act, the market structure bill the industry has chased for the better part of two years, sits on the Senate Legislative Calendar with no floor vote scheduled, a shrinking window before the August recess, and prediction market odds that have collapsed from the low seventies to roughly 43 percent. On July 17, the House Financial Services Committee takes the unusual step of holding a…

Solana is generating $4.15 billion in 24-hour decentralized exchange volume — and doing it while its token sits 57% below its peak. That disconnect is worth paying attention to. The Solana DEX volume figure places it ahead of both $BNB Chain and the newly launched Robinhood Chain, which itself posted roughly $3.1 billion in cumulative DEX volume across its entire first week of life, according to Bernstein research. The contrast tells two different stories about where onchain activity is actually happening right now. Key takeaways Solana recorded $4.15 billion in 24-hour DEX volume, ranking first among all blockchains and ahead…

Injective, a blockchain platform focused on decentralized finance, has formally applied to the U.S. Securities and Exchange Commission (SEC) for designation as a Transfer Agent. The filing represents a significant step toward integrating traditional financial market infrastructure with blockchain technology, specifically for the issuance and management of regulated real-world assets (RWAs). What the Filing Means A Transfer Agent is a critical intermediary in traditional securities markets, responsible for maintaining records of ownership, issuing and canceling certificates, and processing investor communications. By seeking this status, Injective aims to bring these core functions on-chain. Under its proposed model, the token itself would…

Spanish Bitcoin Treasury Vanadi Coffee Faces Internal Battle On Current Financial Structure Vanadi Coffee, a coffee shop franchise that pivoted to a bitcoin treasury back in the heyday of this trend, is now facing internal turmoil due to shareholder dilution as the company seeks financing to purchase more bitcoin. Vallecid, a Canarian conglomerate that owns nearly 10% of Vanadi Coffee, has called for the dissolution of the current board due to the high fees some members receive each time the company processes a tranche to finance bitcoin purchases. According to El Economista, Vallecid proposed the “examination, detailed clarification, and specific…

A new study found 51% of U.S. crypto wallet users are systematically replacing legacy banks with digital assets for everyday financial tasks. Key Takeaways: An Oobit survey shows 51% of U.S. wallet users favor crypto over banks for daily financial tasks. Traditional firms are losing everyday transaction volume to decentralized P2P and wallet options. Legacy systems will secure life savings unless platforms clear the recovery hurdles feared by 55% of users. The Rise of Daily Digital Transactions Traditional banks are not necessarily being fired by American consumers—they are just slowly being left behind, one daily task at a time. According…

The cryptocurrency market has staged an evident rebound over the past 24 hours, with Bitcoin (BTC) rising by 4% and Solana (SOL) surging by 9%. MemeCore (M), though, has outperformed all top 100 digital assets by skyrocketing 80% in a single day. Following the rally, it has become the third-biggest meme coin and could soon overtake Shiba Inu (SHIB) if it maintains momentum. Is the Rally Sustainable? The meme coin is currently worth around $1.50 and has a market capitalization of just under $2 billion, making it the 40th-largest cryptocurrency (according to CoinGecko). It is important to note that the…

The United States and the United Kingdom have laid out a plan to make it easier for tokenized financial products to move between their markets, signaling that both governments want blockchain-based finance to become a bigger part of mainstream capital markets. Released Tuesday by the U.S. Department of the Treasury and HM Treasury, the recommendations from the Transatlantic Taskforce for Markets of the Future focus on reducing regulatory friction that could slow the growth of tokenized securities, stablecoins and other digital assets operating across both countries. The report sets out 10 recommendations covering digital assets and traditional capital markets. On…

From Hibernation to Growth Mode Gregory laid out the plan for the firm’s comeback bid in a recent interview. Binance.US once held roughly 20% of American crypto trading before a two-year slump tied to the regulatory troubles of the broader Binance brand hollowed out its business. The exchange is now focused squarely on winning that share back. Image source: X Price is the first weapon. “We’re essentially almost a no-fee exchange,” Gregory said, pointing to 0% maker fees and taker fees of just 2 basis points, a fraction of what larger rivals such as Coinbase and Kraken charge on comparable…