Author: NBTC
The growing relevance of XRP in the discourse on ETFs gives the token an unprecedented credibility. However, it remains to be seen whether this media push can translate into real and stable price growth, as well as a more consolidated role in global payment systems. The detailed analysis by Morgan Stanley offers key insights to understand the potential of XRP in the modern financial context. Morgan Stanley: XRP as an alternative to traditional payment systems How Ripple can change the landscape of money transfers Price Predictions: What Experts Say About XRP An uncertain but promising outlook What prospects for investors?…
The 5% remittance tax hidden deep inside Trump’s “Big Beautiful” tax reform bill has started a firestorm. This proposal was rolled out on Tuesday and has already drawn heavy criticism for opening the door to more government surveillance. The bill is being pushed as part of Trump’s broader second-term agenda, but one detail stands out: this remittance tax will give federal agencies a direct line into who’s sending money abroad and how often. Under the new plan, anyone using regular remittance services like PayPal or MoneyGram could be forced to use only “qualified” providers if they want to avoid paying…
The Singapore High Court extended WazirX’s moratorium to June 6 as it reviews a user-backed plan to recover 85% of stolen funds. WazirX’s $230M hack recovery plan gains 93.4% user support, but 15% of assets remain unresolved amid ongoing legal proceedings. The victims of the WazirX crypto hack have more pain than resolution. The Singapore High Court held a hearing on May 13, 2025, regarding WazirX’s restructuring efforts following last year’s $230 million crypto hack. Although no final decisions were made, the Court extended the moratorium on claims until June 6 and asked the company to submit further affidavits by…
The last hour saw the withdrawal of 500 Bitcoin or roughly $522.6 million from Binance from a newly activated wallet. Since Bitcoin is approaching its all-time high, whales are actively buying up the cryptocurrency, which could lead to a spike in the asset’s momentum. The timing could not be more crucial. After breaking through the psychological barrier of $100,000, Bitcoin is currently trading at about $104,000. With the 50 EMA crossing above the 100 EMA, a bullish momentum signal that typically precedes further upside, Bitcoin is still in a strong uptrend on the daily chart. There is still room to…
Ethereum has experienced a week-long rally, pushing its price closer to the anticipated $3,000 milestone. However, this surge faces resistance from notable investors selling, putting pressure on the crypto asset’s continued upward momentum. Ethereum Investors Increase Selling Pressure The Liveliness metric for Ethereum is showing a sharp increase, signaling increased selling activity among long-term holders (LTHs). This surge is the first significant uptick in three months, suggesting that key investors are booking profits at current price levels. Since LTHs are considered the backbone of an asset, their selling may pressure Ethereum’s price downward. Such selling behavior from long-term holders often…
The XRP Ledger (XRPL) community has long wondered what happened to the first 32,569 ledger entries. With permanent record-keeping only starting at ledger 32,570, those early blocks have been missing from public view for years — and critics have not let that go unnoticed. For some, the missing data has fueled claims that Ripple, a crypto company which leverages XRP in its operations, or the XRPL development team, may have deliberately wiped early transactions, possibly to hide activity or gain an advantage. It is often cited in arguments that XRP is not truly decentralized and that Ripple has too much…
Caroline Pham, the acting chairman of the U.S. Commodity Futures and Trading Commission, has openly discussed an intention to leave the commission once she’s permanently replaced, people familiar with her plans have said, leaving significant questions about the future track of agency policy. If President Donald Trump’s nominee for the chairmanship, former Commissioner Brian Quintenz, is confirmed by the Senate to take the job, the departure of Republican Pham could coincide with the planned exit of fellow Republican Commissioner Summer Mersinger to run the Blockchain Association. Who’s left? The new Republican chairman — who served as a policy head for…
Several exchanges including Binance and Korean platform Coinone have listed NEXPACE (NXPC), leading to a 115% surge in the token’s value on the back of $1 billion in trading volume in the first three hours of trading. NEXPACE is a PC role-playing game that features on-chain item ownership. It is the the blockchain arm of South Korean video game developer Nexon. Binance Alpha users that have accumulated 187 Alpha points can claim 198 NXPC, worth $629 at current prices. Points are accrued by holding crypto tokens on the Binance exchange or in the Binance wallet. Binance’s Alpha product is a…
Over the past two weeks, bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further. This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC’s USD price against gold’s USD price per ounce and easing U.S.-China trade tensions. Recently, the ratio broke out of an inverse head-and-shoulders pattern, a classic bottoming formation characterized by a large trough flanked by two smaller ones, with a trendline connecting the recoveries between troughs. The breakout indicates bearish-to-bullish trend change, signaling further bitcoin outperformance. Last week, the ratio topped the trendline, and technical analysis suggests it…
Just days after DeGods founder Frank (aka Rohun Vora) said he was stepping away from the CEO role, a total of 16 DeGods NFTs from his Solana wallet were sold into open marketplace bids—a move he confirmed came from an attacker via a compromised trading laptop. The malicious actor was able to obtain more than 108 SOL, or nearly $19,000, for the stolen NFTs, which included a DeGod with a mythical helmet—one of the rarest traits in the collection. Some traders on X (formerly Twitter) were quick to suspect that Frank was selling off his DeGods assets after announcing his…