Author: NBTC
China is waking up to the stablecoin challenge! Recently the United States doubled down on crypto development, announcing its intent to build a national strategic Bitcoin reserve. With US dollar-backed stablecoins spreading fast, thanks to Trump’s pro-crypto stance, Europe has already raised red flags over monetary control. Now, China is weighing its options. A recent article by Zhang Ming, a top economist from China’s National Finance and Development Laboratory, highlights the risks of these digital assets strengthening US dollar dominance. The Rising Influence of Dollar Stablecoins Stablecoins pegged to the US dollar have become dominant in crypto trading and decentralized…
Behind the scenes, Bitcoin legislation is advancing at the state level in the United States, with almost 30 proposals directing funds into reserves. As Matthew Sigel, Head of digital assets research at VanEck, reported, 20 of the bills under review could alone drive up to $23 billion in buying, or approximately 247,000 BTC, if enacted. This figure excludes any pension fund allocations that may arise if state legislators move forward. Several state measures focus on channeling general budgets, special revenue accounts, and “Rainy Day” funds into Bitcoin, reflecting a varied approach to sourcing public money. Oklahoma’s committee-level proposal seeks a…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. You’ve probably heard about Blockworks’ Digital Asset Summit by now. Well, it kicks off tomorrow.It seems to be a good time for a conference, given the mix of optimism and uncertainty — in crypto and the broader economy. That hopeful-volatile blend should spur more interesting discussion. So we have some dichotomies to work through. Like BlackRock adding bitcoin exposure to its alternatives-focused model portfolios as bitcoin ETFs have endured $5 billion of net outflows in recent weeks. Or a president who wants to build “the crypto…
XLS-56 amendment enables bundling of up to 8 transactions, enhancing synchronization and control for complex operations on the XRP Ledger. Despite recent disruptions, XRP Ledger sees continued growth with increased AMM swap volumes and wallet creation, supporting DeFi expansion. The XRP Ledger (XRPL) has introduced the XLS-56 amendment, which aims to enhance transaction bundling and synchronization. This new feature will allow users to bundle up to eight transactions into a single operation, offering higher control over transactions’ execution. This improvement represents a major upgrade over previous limitations for users needing to ensure that multiple related transactions are completed together. At…
Brazil’s Senate will host a public hearing on crypto regulation to review new legislation aimed at overseeing digital assets. Senator Soraya Thronicke’s bill proposes licensing for crypto exchanges and separation of company and customer funds. Brazil’s crypto market continues to grow, with a 6% rise in exchange customers, emphasizing the need for clear regulations. The Brazilian Senate is expected to hold a hearing on the crypto regulation framework after an urge to settle the country’s stand on cryptocurrencies. This action comes after the introduction of a bill by Senator Soraya Thronicke, which is meant to oversee the activities of virtual…
Hotcoin Global announced their innovative collaboration with FOGNET which integrates blockchain to merge real estate and K-POP industries to build a brand-new economic system. This cooperative blockchain partnership strives to change financial operations with new systems that handle asset problems while finding new talent and creating open economic resources. 🚀 Exciting Partnership Alert! @HotcoinGlobal is teaming up with @FOGNET2024🔮✨ FOGNET is a comprehensive blockchain platform that seamlessly integrates real estate and K-POP industries to revolutionize financial and ecological systems. This innovative ecosystem leverages… pic.twitter.com/aKRV1CA6T5 — Hotcoin (@HotcoinGlobal) March 19, 2025 FOGNET focuses on two high-growth market segments with particular attention…
Though Bitcoin (BTC) entered 2025, backed by a tide of optimism, its front foot proved uncertain since the year started as the world’s premier cryptocurrency not only failed to find a decisive new high but also to stay above the psychologically important $100,000 level. Simultaneously, it could hardly be said BTC is on the backfoot as it has, by press time on February 12, managed to stay above $95,000, with all drops below the price being short-lived. Furthermore, despite the prevailing uncertainty, optimism hasn’t evaporated as many prominent investors, analysts, and institutions expect a strong rally, with the most optimistic…
Soneium, an Ethereum layer 2 solution by Sony, has announced a strategic collaboration with Puffer Finance, a prominent DeFi protocol specializing in Ethereum infrastructure. This partnership aims to supercharge Ethereum’s scalability by integrating Puffer Finance’s innovative liquid staking and restaking solutions with Soneium’s ecosystem. The collaboration focuses on advancing next-generation rollups, reducing congestion and lowering costs for users. The news has been shared officially today via an X post. Supercharging Ethereum with @puffer_finance 🐡Soneium is collaborating with Puffer Finance – a leading innovator in Ethereum infrastructure, focusing on the next-generation rollups.Puffer Finance is setting up a special incentives program, which…
Lazard chief market strategist Ronald Temple said he expects the Fed to maintain its current interest rate policy through 2025, contrary to market expectations of multiple rate cuts. Temple cited ongoing inflation risks as the main reason behind his forecast, noting that Lazard’s stance differs significantly from the broader market consensus. While many analysts predict up to three rate cuts this year, Temple believes that higher U.S. tariffs would push up inflation and make quantitative easing unlikely. “My view differs from the consensus because I expect U.S. tariffs to expand in scope and size through 2025 and increase inflation,” Temple…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. A long-awaited Solana update has gone live. All optional priority fees paid by users will be sent to the validators running the blockchain. Solana’s median priority fee dropped 40% from the time period right before the new feature was activated, according to Solana Compass. However, it’s too early to tell whether that trend will hold. A more immediate consequence is that liquid staking tokens — which allow validators to pass along priority fee rewards, whereas regular Solana staking does not — just became the highest-yield show in…