Author: NBTC
Russia allows crypto-tied financial products, but investors won’t receive actual Bitcoin or Ethereum. Only experienced, qualified investors can trade these products under strict conditions and capital requirements. Despite all the sanctions Russia reportedly holds over 50,000 Bitcoins, partly seized and partly acquired through purchases. Russia’s central bank is slowly opening up to crypto-related products, but only in a very controlled way. The move comes at a time when several countries, including the U.S., European Union, Japan, and the UK, have placed strict sanctions on Russia, many of them targeting digital assets and crypto usage. So, what exactly does this mean…
XRP advocate Jake Claver, Managing Director of Digital Ascension Group, recently weighed in on how XRP’s price could react to the launch of spot ETFs. In a recent disclosure, Claver expressed his anticipation that XRP spot ETFs could launch this year. Notably, the SEC has postponed decisions on filings from firms like Grayscale, Franklin, and WisdomTree as predicted. However, the broader expectation is that these products will launch in the last quarter of 2025, specifically around October, when the SEC reaches a final decision deadline. With the products going live, Claver noted he expects price appreciation for XRP. He drew…
Financial giant Goldman Sachs is reportedly taking legal action against an unaffiliated bankruptcy specialist who has been running a side company called “Goldman Sachs Capital LLC.” The Wall Street Journal reports that Arian Eghbali, 40, registered Goldman Sachs Capital with the California Secretary of State’s office in 2022, listing himself as the firm’s chief executive in 2024. Nick Carcaterra, a spokesperson at the actual Goldman Sachs, tells the WSJ that Eghbali hasn’t worked for the financial giant, which is taking action regarding the use of its name. Eghbali reportedly represents trade creditors through his firm Olympus Guardians and is involved…
Orbler, a platform for blockchain-powered growth automation, has announced its groundbreaking alliance with Quizon. The platform brought the news via its official X account, aiming to take a step forward in Web3 education by leveraging AI and gamification. This collaboration strives to transform users’ interaction with knowledge in the digital world. 🚀 Announcing the strategic partnership between @QuizonAI & @Orbler1 ! Quizon fuses AI-powered task design, knowledge assessment & SocialFi to build an incentivized Web3 learning ecosystem. Together, we’re unlocking a new era of interactive, rewarding, and effective knowledge… pic.twitter.com/x5IyAfatp7 — Orbler (@Orbler1) June 12, 2025 Quizon, a Web3 learning…
The story has been somewhat the same for the price of Bitcoin over the past week, drifting further from its recently-notched all-time high of $111,814. On Friday, June 6, the premier cryptocurrency fell towards the $101,000 level, reflecting an uptick in the market volatility over the past few days. While the Bitcoin price has quickly recovered from this sudden downturn, there is still real concern about the market leader’s performance since reaching its record-high value. However, a new indicator suggests that the price of BTC might still have some time to run up to a new high. Analyst Predicts Four…
Aster, a perpetuals decentralized exchange (perp DEX), has launched a “hidden orders” privacy feature less than three weeks after Binance co-founder Changpeng “CZ” Zhao proposed the idea of “dark pool” perpetuals trading. In traditional finance (TradFi), dark pools are private platforms that allow institutions to carry out large trades without revealing their orders to the market. DEXs, by contrast, have historically prioritized transparency, with order and liquidity data visible on-chain. Aster, which boasts a total value locked (TVL) of $290 million, unveiled the hidden order mechanism on Friday in a post on X, formerly Twitter. Hidden orders are specialized order…
U.S. President Donald Trump today pushed back hard against questions about a new nickname mocking his administration’s shifting tariff strategies: the “TACO trade.” Coined by a Financial Times columnist, the term stands for “Trump Always Chickens Out” and highlights a pattern where high tariffs are announced, only to be rolled back or delayed shortly after. President Trump bristled at a question today about the “TACO trade” – shorthand for “Trump always chickens out” – as Wall Street increasingly bets the he’ll back down on his tariff threats:https://t.co/i1qyF0NzUJ — Jennifer A. Dlouhy (@jendlouhyhc) May 28, 2025 Trump Delays 50% EU Tariff…
As of June 2025, more than 410 billion LUNC have been burnt, with an average daily burning rate of more than 48 million over the last 30 days. Despite the high burn rate, there are still more than 5.4 trillion LUNC in circulation, up from just 380 million in May 2022. Following the collapse of the Terra Classic ecosystem in May 2022, the supply of the native governance and utility token LUNC became massively inflated, leading to a monumental price crash. Trying to save the ecosystem and restore the price of LUNC, the community passed a vote to enact a…
India is expected to unveil a comprehensive discussion paper on digital assets in the coming weeks, reflecting insights from international bodies such as the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This initiative reportedly signals the country’s intent to explore a structured regulatory approach in response to the increasing global legitimacy of digital assets. The development of this policy paper coincides with shifting global dynamics, notably influenced by the United States’ more favorable outlook on digital assets, particularly following growing support under President Donald Trump. India is engaging with multiple stakeholders and prioritizing a cautious, consultative process…
Andreessen Horowitz’s crypto arm a16z said blockchains could steer artificial intelligence toward user ownership and open standards, according to a June 11 report. The paper argued that core context and “agent passports” should reside in self-custodial wallets, providing any large-language-model interface with instant access to preferences without requiring repeated training. A chain-based identity layer would allow agents to carry verifiable records of owners, capabilities, and payment details across email, Slack, and other platforms. Meanwhile, proof-of-personhood systems such as World Chain’s World ID could help screen bots as generative models proliferated. Computation and payment rails For computing, the report promoted decentralized…