Author: NBTC

Spot Ethereum (ETH) exchange-traded funds (ETFs) are close to breaking the $10 billion mark in inflows this month, as BlackRock’s ETHA makes its way to the spot of fourth-largest ETF by inflows in the last 30 days. According to Farside Investors’ data, spot Ethereum ETFs accumulated $9.3 billion in inflows as of July 25. This represents a 120% increase from the $4.2 billion registered on July 1, marking 16 consecutive days of inflows. The average daily inflow is $233 million, which would total over $930 million in the four trading days left in July. Even if the average doesn’t repeat…

Bitcoin treasury firm Strategy has announced yet another new stock product to help fuel its BTC-hoarding ambitions. The Tysons, Virginia-based company said in a statement Monday that it will launch an initial public offering of stock—named Stretch (STRC)—and use the proceeds to buy Bitcoin.  Investors will be able to buy the stock and an initial dividend rate of 9%. Strategy said it plans to sell 5 million shares at $100 each, for a total of $500 million. The company will start paying investors dividends from the end of August, Strategy said. Strategy—formerly MicroStrategy (MSTR)—already offers other products other than its…

President Donald Trump’s crypto working group finally issued its massive report and its pages of U.S. policy recommendations, and two of the people behind that effort told CoinDesk that decentralized finance (DeFi) protocols should fare just fine in the administration’s vision of the U.S. sector. “Decentralized protocols can definitely meet the rules of the road,” said Bo Hines, the executive director for the group of regulators and senior administration officials that collectively issued the 163-page report on Wednesday. In a CoinDesk TV interview with Jenn Sanasie, Hines and the Treasury Department’s Tyler Williams shared some of the highlights of the…

Binance Wallet, a self-custody cryptocurrency wallet by Binance, a world-leading cryptocurrency exchange, shares the details of its newest addition to its instruments stack. With DEX Pro mode, skilled traders can place more sophisticated orders and save on gas fees. Binance Wallet rolls out DEX Pro mode to experienced traders Binance Wallet, Binance’s unique self-custody wallet, announces the rollout of DEX Pro mode for experienced traders. The new feature is powered by the innovative Secure Auto Sign feature, enabling a new kind of limit order that offers greater flexibility, improved cost efficiency and more advanced order management compared to traditional decentralized…

CodexField, a popular decentralized content asset forum, has commenced a new collaboration with Trikon, a leading Chain Abstraction Layer that is devoted to revolutionizing functionality and accessibility. The partnership intends to streamline the wider Web3 ecosystem by leveraging cross-chain innovation and artificial intelligence (AI). In its latest announcement on X, the platform categorized this move as a critical development that focuses on merging robust cross-chain user experience with seamless gas abstraction. 🚀 We’re excited to announce our partnership with @0xTrikon the Chain Abstraction Layer simplifying Web3 for the next generation of users.⚙️ With AI-powered dApps, wallet & gas abstraction, and…

Bitcoin extended its breakout to a new all-time high of $122,000 on Monday, triggering a broad crypto rally as ETF inflows, short liquidations, and policy optimism from Washington continued to buoy a bullish mood.Ether (ETH) broke through $3,000, supported by $383 million in ETF inflows on Friday. Majors tokens have surged in the past week amid BTC’s strength. XRP trading near $2.95, up 30% on a weekly basis, Solana’s SOL reclaiming the $167 level, and dogecoin jumping over 20%, fueled by retail rotations and memecoin chatter.This mirrors patterns observed in previous cycles, where a BTC rally acts as a liquidity…

Ethereum unstaking surged in July, and Ark Invest CEO Cathie Wood links it to a growing preference for an alternative offering from Robinhood, a versatile crypto trading platform. According to Wood, Robinhood offers a 2% match for crypto transfers, which has become an incentive for many Ethereum users to opt for the service over staking. Investors found a new way to double profits In her latest post on X, Wood noted that Venture Capitalists (VCs) and other investors are exploring the profitable opportunity provided by Robinhood by shifting staked ETH into Treasury companies via Direct Access Trading (DAT). That system…

Robinhood CEO Vlad Tenev conceded his company’s recent foray into offering tokenized stocks has been contentious, to say the least—but remained steadfast in his commitment to expanding the initiative. “Being the first to actually tokenize those great companies is a big milestone,” Tenev told Decrypt in an interview Friday. “Of course, every time you’re the first to do something interesting, it has some element of controversy.” Earlier this month, Robinhood rolled out a giveaway of tokens, issued on Ethereum layer-2 network Arbitrum, representing stock in private companies including OpenAI. The OpenAI stock token, however, was not actually authorized by the…

Staffers at the European Central Bank (ECB) are reportedly revolting against what they say are “anti-democratic” practices at the Frankfurt-based institution. The Financial Times reports that the bank’s staff committee sent a letter to ECB President Christine Lagarde that addressed “widespread complaints of favoritism, high burnout rates and the vulnerability of many colleagues working under temporary contracts.” Carlos Bowles, the chair of the staff committee, penned the letter, accusing the ECB of becoming an “unaccountable legal fortress.” Bowles also criticizes Lagarde’s public support for Europe’s rule of law, accusing her of failing to promote the same standards. “We regret to…

Bitcoin’s (BTC) mining difficulty surged to an all-time high of 127.6 trillion this week, underscoring the network’s growing computational power. However, a downward adjustment is expected on August 9, with projections pointing to a roughly 3% decrease, bringing difficulty down to 123.7 trillion, according to data from CoinWarz. Currently, the average block time sits at approximately 10 minutes and 20 seconds, slightly above the protocol’s 10-minute target. Difficulty adjustments help bring this time back in line by responding to changes in the total computing power, or hashrate, dedicated to mining. CryptoQuant data shows that mining difficulty declined throughout June, hitting…