Author: NBTC
The final voting day has arrived on the GENIUS Act, the long-awaited US cryptocurrency-friendly stablecoin law. Accordingly, this legislation lays the groundwork for the first major federal regulation of stablecoins, with the U.S. Senate set to hold its final vote today. While the law is expected to pass the US Senate, Chainlink (LINK) CEO Sergey Nazarov made important statements regarding the GENIUS law. Accordingly, Sergey Nazarov argued that stablecoin regulation in the US will stimulate global growth and raise the bar in terms of transparency and cross-chain functionality. Stating that the impact of the stablecoin law in the US will…
Bybit rolled out a new trading feature that brings traditional financial markets into the same platform used for cryptocurrencies. Dubbed Bybit TradFi, the new service seeks to enable users to trade gold, forex, indices, commodities, and stock CFDs directly from the Bybit app. “Investors are looking for opportunities, and some legacy barriers between emerging and traditional financial markets are only artificial. Bybit TradFi represents our commitment to breaking down these walls,” commented Ben Zhou, the CEO and Co-founder of Bybit. “We’re giving our users essential tools they need to diversify and navigate macro factors across major asset classes, all within…
Orbler, a Web3 marketing platform that interacts with various digital asset projects, has announced a strategic partnership with GlobalSync, a global marketplace for digital assets, traditional finance, and tokenized RWAs. The collaboration between the two firms aims to bridge the gap between traditional finance, Web3, and real-world asset sectors, establishing a system of integrated financial networks. Orbler is a Web3 marketing network, specializing in powering user-driven growth and community engagement through missions, staking, and gamified experiences. Its tech infrastructure is developed on blockchain, leveraging smart contracts on Ethereum to govern its ecosystem and native digital asset (ORBR). On the other…
Belgravia Hartford Capital Inc. (CSE:BLGV) announced that it has made its first Bitcoin acquisition as part of the company’s Bitcoin treasury strategy as well as other corporate developments. JUST IN: Publicly traded investment holding company Belgravia Hartford announces its first Bitcoin purchase for its reserves pic.twitter.com/TUfPCvGuBk — Bitcoin Magazine (@BitcoinMagazine) June 9, 2025 The company confirmed the purchase of 4.86 BTC for USD $500,000 at an average price of $102,848 per BTC. The move follows a previously announced $5 million credit facility with Round13 Digital Asset Fund L.P., from which Belgravia has drawn its first full tranche. “We are very…
Ethereum price today: $2,570 Ethereum exchange reserves have flipped toward accumulation, reaching an all-time low of 18.57 million ETH. Ethereum ETFs posted $583 million in weekly net inflows, their strongest performance since December. MEXC’s Tracy Jin gives a cautious ETH price growth prediction despite positive developments surrounding the Ethereum ecosystem. ETH faces rejection at the 200-day SMA after holding the $2,500 support through the weekend. Ethereum (ETH) briefly crossed above $2,600 on Monday following a switch to accumulation in the top altcoin’s exchange reserve and $583 million in inflows into ETH investment products last week. Ethereum exchange reserves hit all-time…
While Bitcoin (BTC) and altcoins have experienced a pullback in recent days, the expectation of an increase continues despite the pullback. While Bitcoin continues to consolidate at critical levels, CoinShares published its weekly cryptocurrency report and said that there was an inflow of $ 286 million last week. “While there was an inflow of $286 million into cryptocurrency investment products last week, the total inflows over the 7 weeks reached $10.9 billion. Ethereum Rises, Bitcoin Stalls: Ethereum took the lead with an inflow of $ 321 million and showed its best 6-week performance since December 2024. Bitcoin, on the other…
The growing trend of public crypto treasuries has sparked a race among altcoins. Each one vies to be the top choice for companies and institutions looking to establish strategic reserves. In this race, the XRP community offers several arguments highlighting XRP’s superiority. What are those arguments? This article dives in and explains. More Companies are Listing XRP as a Treasury Asset Recently, Webus International, a China-based company, filed Form 6-K with the U.S. Securities and Exchange Commission (SEC). The filing confirmed a plan to build a $300 million strategic reserve focused on XRP. Webus is not alone. VivoPower International also…
According to a statement by Deputy Finance Minister Chulaphan Amornvivat on X, Thailand’s cabinet has approved tax measures that will exempt personal income tax on capital gains from digital asset sales through SEC-regulated platforms. The tax relief will be effective from January 1, 2025, through December 31, 2030, as part of Thailand’s initiative to establish itself as a digital asset hub. “The Cabinet has approved tax measures proposed by the Ministry of Finance to promote Thailand as a Digital Asset Hub,” Amornvivat said, adding that the policy aims to boost the country’s crypto market, attract foreign investment, and stimulate domestic…
B3, a prominent exchange in Brazil, opened trading on futures contracts for Ethereum and Solana today. This represents the first step in a plan to offer several altcoin futures contracts. Additionally, B3 also tweaked its pre-existing Bitcoin futures contracts, making them cheaper to appeal to domestic retail investors. These altcoin offerings, on the other hand, cater to an international clientele. Brazil’s New Altcoin Futures Contracts B3 made headlines two months ago when it became the world’s first exchange to offer an XRP ETF. This development became possible thanks to regulatory developments in Brazil, a nation that has aimed to become…
Bitcoin (BTC) currently trades around $107K, showing resilience above the $105K support zone. After a brief dip from its May all-time high, and with renewed institutional inflows, the market is speculating: can BTC reclaim $111K this week? By TradingView – BTCUSD_2025-06-09 (5D) Bitcoin Price Prediction: Will BTC Reach $111K? 1. Post-ATH Consolidation Bitcoin reached a high of around $111,889 before correcting into the $105K–$108K range. This pullback is considered healthy and part of a broader bullish structure, suggesting the next breakout may be forming. 2. Institutional Momentum Builds Spot BTC ETFs continue to attract major inflows, led by large institutions.…