Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
XRP, the popular Ripple-linked cryptocurrency, is currently stealing the spotlight with its enormous rally. The third-largest coin reached a new peak of $3.65 earlier today, according to CoinGecko data. However, there is one major token that is vastly outperforming XRP. Stellar (XLM) has soared by a staggering 63% in just seven days, outstripping the rest of the market. For comparison, XRP is up by 39% over the same period of time. XLM is currently the best-performing token in the CoinGecko top 100 on a weekly basis. Bonk (BONK) and Pudgy Penguins (PENGU) have surged by 52% and 45%, respectively, over…
Ripple’s quest for a national trust charter reveals intriguing details in Federal Reserve documents. Namely, under the section 12 CFR § 262.3, it’s stated that the Fed must publicize the application and generally has a 90-day review window for filings. However, the more interesting part is the fact that the Fed has the authority to bypass standard notification periods if it deems a proposal essential for averting a crisis or is required, during an emergency. Analyses suggest that if the Fed sees Ripple’s charter as systemically important, it could expedite approvals outside the typical 90-day window. Ripple Labs filed for a national trust…
Cryptocurrency exchange Bybit has formed a strategic partnership with Cactus Custody, a digital asset custodian under Matrixport Group, as per the information shared with Finbold on July 23. 🔔 @Bybit_Official partners with Cactus Custody to boost institutional trading efficiency and security. 🛡️ Secure institutional custody, no pre-funding, lower risk, full liquidity. Learn more https://t.co/5ORQArDns4 pic.twitter.com/3uU0zNklVH — CactusCustody (@CactusCustody) July 23, 2025 The collaboration introduces an off-exchange settlement solution via Cactus Oasis, designed to enhance asset security and capital efficiency for institutional clients. The integration will go live on July 28, 2025. The partnership allows institutional and professional clients to trade…
Bitcoin price reached consecutive all-time highs in July, but two key indicators suggest the rally is heavily US-driven. A growing divergence between US and Korean trading activity is raising questions about global participation — and market risk. Coinbase Premium Surges Alongside US Bitcoin ETF Inflows The Coinbase Premium Index, which tracks the price difference between Bitcoin on Coinbase (USD) and Binance (USDT), has surged throughout July.This premium has climbed as high as 0.08%, signaling strong US buying pressure. Coinbase serves US institutional and retail investors. A rising premium often reflects aggressive accumulation by American whales, ETF providers, or corporations. Bitcoin…
TL;DR Alchemy Pay now allows users in over 170 countries to easily purchase Ondo’s USDY token with local fiat money. USDY blends stablecoin convenience with the security of US Treasuries, offering constant availability and fast settlement on Solana. This collaboration boosts mainstream adoption of tokenized real-world assets by bridging crypto and traditional finance through accessible payment methods. Alchemy Pay’s recent move to integrate Ondo Finance’s USDY token on Solana into its fiat on-ramp network expands practical access to yield-bearing digital dollars for millions worldwide. With this addition, users can acquire USDY directly using their local currencies through trusted channels like…
Disney has filed a U.S. patent that points to a future where your real-world theme park experiences could directly connect with NFTs. The idea could utilize Chainlink’s oracle technology, which enables smart contracts to access and respond to real-world data. Disney is quietly shaping a future where digital collectibles do more than sit in your crypto wallet; they unlock real-world experiences. A newly published U.S. patent titled “Systems And Methods For Effectuating Real-world Outcomes Based On Digital Assets Of Users” takes their earlier NFT work to the next level. The concept builds on Disney’s previous NFT-related patents but goes a…
SharpLink Gaming (SBET), the ether (ETH) treasury company led by Ethereum co-founder Joseph Lubin, continued its buying spree bringing total holdings above $1.3 billion. The firm said in a Tuesday press release that it acquired 79,949 ETH over the last week at an average price of $3,238, its largest weekly purchase ever. With the latest acquisition, the firm held 360,807 ETH as of July 20, worth roughly $1.33 billion at current prices. The company still has $96.6 million of funds raised by selling shares through its at-the-market equity for more ETH purchases, the company said. SBET shares were 6% up…
The governor of the Bank of England, Andrew Bailey, wrote a letter to the G20 yesterday stating that the Financial Stability Board (FSB) — the forum’s financial overseer, which Bailey was appointed to head in April — is assessing the role of stablecoins in payments and settlements as a top priority. To the point: an analyst at Standard Chartered says that, once stablecoins hit the $750 billion mark, they may begin to influence the structure of U.S. Treasury markets. (Their market cap is currently at roughly $258 billion according to DefiLlama.) We also have Deribit making it possible for USDC…
Plasma, the EVM-compatible Bitcoin sidechain geared toward stablecoins, opened the doors to its token sale today for users who staked stablecoins in the Plasma vault in June. The chain is selling 10% of the XPL token supply at a $500 million valuation, utilizing the Sonar ICO platform to facilitate Know Your Customer (KYC) requirements. The token sale will be open to eligible participants for roughly ten days, with the XPL token slated to officially launch alongside the Plasma mainnet beta. Plasma is backed by USDT issuer Tether’s sister company, Bitfinex, as well as Framework Ventures and Peter Thiel’s Founders Fund.…
Crypto regulations remain unclear in India, but platforms must register with FIU-IND under anti-money laundering rules. Traders face 30% tax on profits, 1% TDS on every trade, and no loss offsets. The Indian government have stirred up fresh confusion for crypto users and traders. Currently, global crypto exchanges in India exist in a grey area, as they are neither legal nor illegal, and crypto assets remain unregulated under Indian law. Regulation Unclear, But Compliance Mandatory “At present, crypto or virtual assets are not regulated in India. Consequently, the question of the legality or illegality of specific crypto platforms does not…