Author: NBTC

Ripple CEO Brad Garlinghouse is wondering why major firms such as Amazon are still yet to adopt blockchain solutions, including the XRP Ledger. Instead, he observed that it is not a matter of whether it should be adopted but when. This is when XRP is getting the attention of such huge investors. Institutional inflows to XRP reached up to $32.5 million in the past week only. It makes XRP one of the most appealing assets to the financial companies at the moment. Why Legal Clarity Turned the Game Ripple eventually paid off the legal tussle it had with the U.S.…

The U.S. Security and Exchange Commission has delayed its decisions on the addition of staking to BlackRock’s iShares spot Ethereum exchange-traded fund, and on Franklin Templeton proposals for separate funds tracking the performance of Solana and XRP, according to filings the agency submitted Wednesday. The SEC extended its deadline for addressing a rule change request by the Nasdaq exchange for staking in the iShares Ethereum Trust (ETHA) to October 30, a 45-day postponement from its original schedule. It also pushed back its decision on similar 19b-4 filings by Cboe that would allow the listing of the Franklin Templeton Solana ETF…

Contrary to claims from the U.S. banking industry, stablecoins do not pose a risk to the financial system, according to the chief policy officer at crypto exchange Coinbase (COIN), Faryar Shirzad. Banks’ claims that they do are are myths crafted to defend their revenues, he wrote in a Tueday blog post. “The central claim — that stablecoins will cause a mass outflow of bank deposits — simply doesn’t hold up,” Shirzad wrote. “Recent analysis shows no meaningful link between stablecoin adoption and deposit flight for community banks and there’s no reason to believe big banks would fare any worse.” Larger…

The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in…

The financial world is constantly evolving, and a major player is stepping up to shape its future. Hanwha Investment & Securities is making significant waves by kicking off a groundbreaking digital asset platform designed to enable seamless on-chain trading. This move signifies a strategic leap into the burgeoning world of blockchain technology, promising a new era of digital finance for investors. What Does Hanwha’s Digital Asset Platform Mean for Investors? Hanwha Investment & Securities, a prominent South Korean financial institution, has officially begun developing its comprehensive digital asset platform. This initiative is not just about offering crypto; it’s about building…

DefiLlama, which is among the most reliable DeFi analytics tool, has begun to monitor Ember Protocol on the Sui Network. It is a major step towards the two characters, Ember and Sui, because the addition of DefiLlama is usually an indication of a sense of credibility and increased usage. It is tracked that the total value locked (TVL) of Ember Protocol is 13.72 million. Although this is less than giants in Ethereum, this indicates high initial interest in the project. What is Ember Protocol? Ember Protocol is a vault platform that is organized. Non-custodial, permissionless vaults are operated by curators.…

Ethereum price today is trading around $4,405, consolidating after defending the $4,300 support zone. Buyers are attempting to push above $4,427 resistance, with broader attention fixed on the $4,496–$4,536 cluster. The battle between technical compression, on-chain flows, and macro cycle comparisons has left ETH at a pivotal juncture. Ethereum Price Holds Range Support ETH Price Consolidation (Source: TradingView) On the 4-hour chart, ETH continues to trade within a defined $4,300–$4,500 range. Repeated defenses at $4,268–$4,300, supported by the 100 and 200 EMAs, have turned this zone into a firm accumulation base. The RSI has ticked up to 58, showing improving…

ORQO Group, a new institutional asset manager with $370 million in assets under management, has launched on Tuesday with plans to build out a yield platform for Ripple’s RLUSD stablecoin. The group, headquartered in Abu Dhabi, consolidates four entities from both traditional finance and digital assets: Mount TFI, a private debt specialist and licensed fund manager in Poland, Monterra Capital, a multi-strategy digital hedge fund in Malta, blockchain engineering studio Nextrope and decentralized finance (DeFi) protocol Soil compliant with MiCA, the EU’s crypto framework. Already licensed in Poland and Malta, the group is seeking approval from the Financial Services Regulatory…

The U.S. Treasury Department has imposed sanctions on two Iranian nationals and a slate of Hong Kong and United Arab Emirates-based companies accused of funneling money from illicit oil sales to Iran’s Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and Ministry of Defense and Armed Forces Logistics (MODAFL). The measures, announced Tuesday by the Treasury’s Office of Foreign Assets Control (OFAC), expand Washington’s campaign against Iran’s so-called shadow banking system, which officials say launders billions of dollars through front companies and cryptocurrency exchanges. The action named Iranians Alireza Derakhshan and Arash Estaki Alivand as central figures in moving over $100 million…

A significant development is shaking up the South Korean cryptocurrency market, especially for those actively engaged in digital asset trading. Leading exchange Bithumb has made a monumental announcement that promises to redefine how users interact with their platform: the elimination of Bithumb trading fees for a substantial number of cryptocurrencies. This strategic move is poised to create a ripple effect across the industry, offering unprecedented opportunities for traders and potentially intensifying competition among exchanges. What Exactly is Bithumb Offering? Zero Bithumb Trading Fees! South Korean crypto exchange Bithumb recently announced a bold initiative: it will waive trading fees for 200…