Author: NBTC

RippleX developers proposed a draft standard designed to structure metadata for multipurpose tokens (MPTs) on the XRP Ledger (XRPL) in a move that could improve discoverability and interoperability of tokens across wallets, indexers and block explorers. The Github proposal known as XLS-0089d outlines a minimally standardized schema for the 1024-byte metadata field attached to each multipurpose token, allowing on-ledger access to basic information such as the token’s name, ticker, issuer, category and icon, while supporting deeper off-ledger details through external uniform resource identifiers (URIs). The goal is to balance flexibility with machine-readability without locking developers into rigid schemas. “The goal…

Strategy (formerly MicroStrategy) has achieved unprecedented all-time profit of $28.22 billion, a 65.82% return on its current $71.11 billion Bitcoin portfolio, further solidifying its position as the most successful corporate Bitcoin investor in history. The company has amassed more than 601,000 Bitcoin, outperformed the majority of institutions and maintained a perfect win streak for almost five years. Large-scale dollar-cost averaging (DCA) is their main tactic, and it’s effective. Regardless of price volatility, the portfolio tracker consistently demonstrates buys during bull and bear cycles, supporting a disciplined investing pattern. A portfolio that is nearly impervious to normal market corrections has been…

Ethereum price started a fresh increase above the $3,720 zone. ETH is now showing bullish signs and might continue to rise toward the $3,850 zone. Ethereum started a fresh increase above the $3,720 level. The price is trading above $3,670 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,670 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,650 zone in the near term. Ethereum Price Aims Fresh Increase Above $3,800 Ethereum price started a fresh increase…

The San Francisco Bitcoin Meetup holiday party in December 2017 was packed with crypto hopefuls. Bitcoin had just hit nearly $20,000. Ethereum was holding steady above $700. Under the glow of fluorescent lights and an air of optimism, two young men posed for a photo that would become one of crypto’s most enduring snapshots. Frédéric Fortier wore an Ethereum sweater. Mathieu Baril wore a Bitcoin one. Their image landed in a New York Times feature published weeks later under the headline: Everyone Is Getting Hilariously Rich and You’re Not. Weeks later, the market began to crack and, at that point,…

The departure of Gary Gensler from the U.S. Securities and Exchange Commission (SEC) has coincided with a powerful rally in XRP, the cryptocurrency at the heart of a long-standing legal battle with the regulator he once led. On January 20, 2025, the day Gensler officially stepped down as SEC Chair, XRP was trading at $2.95. As of July 18, the token has surged to $3.41, marking a 15.42% gain over six months. That means a $1,000 investment in XRP on the day Gensler exited the SEC is now worth $1,154, netting a return of $154 in just under 180 days.…

Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS). This is the seventh installment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, I study the relationship between Bitcoin and gold, and explore whether Bitcoin can replace gold. For centuries, gold has been the ultimate store of value—used by civilizations as currency, collateral, and insurance against economic crises. But in the past decade, a new contender has emerged: Bitcoin. Often referred to…

Key Takeaways Bitwise projects institutions and treasury firms will buy more ETH than will be issued, a dynamic Hougan says will push prices higher. Ethereum currently outpaces Bitcoin as ETH/BTC climbs from 0.018 to 0.031 and BTC dominance slips from 66% to 61%. Ethereum is poised for further gains amid surging institutional demand and corporate buying that far outpaces new supply, Bitwise Chief Investment Officer Matt Hougan wrote in a note to clients Tuesday afternoon. More than $10 billion in ETH has been purchased by ETPs and corporations since mid-May, representing 32 times the amount of new ETH issued during…

Stablecoins, digital currencies pegged to the U.S. dollar, have surged in popularity, but their quiet resilience under slim regulatory scrutiny may signal a deeper role as a testing ground for a central bank digital currency (CBDC). Stablecoins and the Silent Rise of a Central Bank Digital Dollar These blockchain-based tokens, designed to maintain a stable value, offer a glimpse into a future where governments could leverage their infrastructure to introduce a state-controlled digital dollar. As the U.S. grapples with the implications of a CBDC, stablecoins like Tether’s USDT and Circle’s USDC, which have thrived with fairly minimal government interference, raise…

NEAR Intents enables one-click swaps into Sui from 20+ chains without using bridges. Integration supports 100+ assets, improving cross-chain access to Sui’s growing DeFi ecosystem. Sui’s TVL hits $1.7B as NEAR Intents boosts liquidity and developer adoption. A new blockchain integration has gone live, linking NEAR Protocol and Sui Network through NEAR Intents, a product intended to simplify asset transfers across different chains. The launch will enable users to swap assets from over 20 blockchains directly into Sui without requiring bridges, gas on multiple networks, or multiple wallet approvals. NEAR Intents allows users to perform cross-chain asset swaps by expressing…

Cryptocurrency analysis company Alphractal made remarkable assessments regarding the altcoin market in its latest report. The report stated that altcoins have performed better than Bitcoin in recent days, and investors have achieved higher returns by taking positions in altcoins instead of BTC, according to daily signals. However, one chart highlighted by Alphractal is a warning for the market: the Correlation Heatmap. This map shows that the average correlation between altcoins and Bitcoin is rapidly declining, even turning negative in some cases. This means that altcoins are no longer tracking Bitcoin’s price movements. According to Alphactal analysis, this is a warning…