Author: NBTC
Ripple and SEC end lawsuit with $125 million escrow deal, marking final court chapter. XRP no longer classified as a security in secondary markets after judge’s 2023 ruling. In the meantime, XRP price rises to $2.16, with eyes on $2.35 and $2.60 resistance levels. After nearly five years of courtroom drama, the Ripple vs. SEC case is finally reaching its last chapter. In a joint move, Ripple and the U.S. Securities and Exchange Commission have asked a New York court to release $125 million in escrow funds, marking the end of a long fight. Meanwhile, XRP is no longer seen…
Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil’s Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign currencies using stablecoins. The service allows users to convert Brazilian real to U.S. dollars or euros and settle transactions in minutes with stablecoins —a sharp departure from the traditional FX infrastructure, where settlement can take up to three days, according to the press release. Braza, which owns Brazil’s largest FX bank and processed $67 billion in transactions last year, launched its own real-pegged stablecoin BBRL on XRP Ledger earlier this…
The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and equity through real-world asset specialist Global Settlement’s platform, the firm told CoinDesk. The purchase — orchestrated for Feniix Energy, a company that focuses on buying and operating energy assets in the region — marks the first time a fully tokenized capital stack has been used to acquire operational real estate tied to commodity production, Global Settlement said. The transaction was finalized last week, said Kyle Sonlin, founder of Global Settlement. Further details cannot be disclosed due…
Coinbase CEO Brian Armstrong believes Bitcoin is better than gold in several respects, predicting that nations will hold more of the premier crypto asset over time. The Bitcoin vs. gold debate continues. Conversations about which is better between the physical and “digital gold” are now commonplace among global financial market analysts and investors. A clip of Coinbase CEO Brian Armstrong’s thoughts on the hot debate is trending again on crypto Twitter. In the clip, he stressed Bitcoin’s superiority over the prominent traditional financial asset class. Bitcoin: A Better Form of Money Than Gold For context, the video is a clip…
Ethereum to $10K: The Institutional Bet Is On Ethereum is showing all the signs of being the next big institutional play. In the past weeks, BlackRock and other major ETFs have accumulated $240 million worth of ETH, even before the Ethereum spot ETF officially launches. But they’re not just positioning for the spot ETF. The Real Target: ETH Staking ETFs Institutions are preparing for the future SEC approval of staking-based ETFs, which would allow them to offer yield-generating products. If approved, this would be a game-changer: ETH staking = passive income ETH supply is deflationary, especially post-merge Real World Assets…
Donald Trump Accuses China of Violating the Tariff Agreement – White House Releases a Statement
US President Donald Trump has slammed Beijing, saying that China has “completely violated” the tariff agreement it made with the US. “Maybe it’s not surprising to some, but China has completely violated the agreement it made with us,” Trump said. White House official Miller also supported Trump’s statements. Miller said, “We have a wide range of options to hold China accountable,” and indicated that the US could take new steps against Beijing. Miller also said that they would not allow China to take away US production capacity and that espionage activities carried out through student visas would be stopped. Arguing…
IOTA has achieved a milestone in 2025, with over 2 billion IOTA tokens now staked, representing approximately 43% of IOTA’s total circulating supply. This shows the growing confidence in IOTA’s security, particularly following its Rebased upgrade. On June 4, IOTA shared a milestone on X: more than 2 billion IOTA tokens have officially been staked on the network. That’s nearly 43.4% of the entire circulating supply, a strong signal of growing trust and engagement from the IOTA community. These numbers underscore growing confidence in the network’s security, scalability, and long-term vision. This follows its recent transition to a Delegated Proof-of-Stake…
As Europe rolls out its new MiCA rules, major crypto companies are lining up to get licensed and operate across the EU. But some regulators are worried that things are moving too fast. According to Reuters, Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, is about to receive a license in Malta, the EU’s smallest country. This would give them the green light to operate across all 27 member states. This comes shortly after Malta approved licenses for OKX and Crypto.com, just weeks after MiCA came into effect. Malta’s Fast-Track Approvals Face Scrutiny Malta’s fast approvals…
Binance is launching a retroactive airdrop for active BNB holders with no new activity needed. Binance has announced the 22nd project in its HODLers rewards program: the DeFi App (HOME). The airdrop will distribute 200 million HOME tokens to BNB holders who previously used Simple Earn or other on-chain yield programs. #Binance is excited to announce the DeFi App (HOME) HODLer Airdrop – @defidotapp $HOME.BNB Holders, get ready! The Airdrop page will be available on the Binance Airdrop Portal in 5 hours. Plus, this token will be listed on Binance soon!👉 https://t.co/7T7ZEdw32Z pic.twitter.com/jtab3V2QoI — Binance (@binance) June 12, 2025 The…
The world of finance is constantly evolving, and a major shift is underway with the integration of blockchain technology. At the forefront of this transformation is the news that Deutsche Bank tokenization efforts are moving forward significantly. Germany’s largest commercial bank is making waves with its plan to launch a minimum viable product (MVP) of its ambitious blockchain-based asset tokenization platform. Deutsche Bank Tokenization Platform: What’s the Plan? According to reports from WatersTechnology, Deutsche Bank is targeting November 2025 for the launch of its asset tokenization platform MVP. This development stems from the bank’s ‘Dama 2’ initiative, a strategic project…