Author: NBTC

South Korea is tightening its focus on stablecoin regulation. Yesterday, the National Planning Committee summoned financial regulators to assess current oversight and propose measures that reduce risks for consumers and the broader economy. Authorities Review Stablecoin Capital Requirements In the latest meeting, the State Planning Commission’s virtual asset task force received updates from financial regulators on the growing stablecoin market. Related: The Biggest Banks in South Korea Team Up to Create a New Crypto According to Maeil Business, officials discussed raising the bar for market entry by setting more specific capital requirements for issuers. Currently, two draft bills are under…

After much speculation sparked by the teaser in June, BabyDoge has announced its listing on Kraken Pro. The significant milestone allows traders to engage in perpetual futures trading of BABYDOGE on one of the leading cryptocurrency exchanges, potentially increasing its market visibility and liquidity. Following the listing, BABYDOGE experienced a notable price increase, sparking interest among investors and the broader crypto community. Further, the development could have several positive implications for the memecoin, including its future market performance, and subsequent entry on more Centralized Exchanges either for Futures or Spot trading. BabyDoge’s Entry into Kraken Pro Inspired by Dogecoin and…

Trump Media and Technology Group Corp., the owner of social media platform Truth Social, publishing platform Truth+ and financial technology brand Truth.Fi, announced in its official press release that it has completed its previously announced private equity investment process with approximately 50 institutional investors. Of the approximately $2.44 billion in total proceeds from these investments, $2.32 billion of net proceeds will be used to establish Trump Media’s Bitcoin treasury and for general corporate expenses and working capital. With this development, Trump Media will have one of the largest Bitcoin treasuries among US-listed companies, and the company’s Bitcoin strategy will be…

Ethereum inflows into centralized exchanges surged sharply in early July, which could worry investors hoping for an ETH recovery. Below are on-chain signs suggesting that many whales might be looking to sell, just as ETH ETF inflows show signs of slowing. Ethereum Moves to Exchanges — What Do Analysts Say? According to data from CryptoQuant, on July 1, 2025, nearly 100,000 ETH, worth about $250 million, were deposited into Binance. This marks the highest single-day inflow to the exchange over the past month. Ethereum Exchange Netflow – Binance. Source: CryptoQuant. Compared to recent price behavior, large daily inflows often lead…

Bitwise Asset Management is tapping into the fervor surrounding GameStop’s (GME) bitcoin pivot with the launch of a new exchange-traded fund designed to offer exposure to GME and income. Dubbed the Bitwise GME Option Income Strategy ETF (IGME), the fund will apply a covered call strategy to both provide exposure to GameStop’s share performance and regular income for investors. GameStop purchased 4,710 BTC for over $500 million late last month, following its raising of $1.3 billion via convertible debt to initiate a bitcoin treasury strategy. This new fund will be managed by Jeff Park, Bitwise’s Head of Alpha Strategies, alongside…

750,000 FXRP were minted in just four days, thanks to the new Core Vault feature on Flare’s FAssets v1.1. Core Vault lets agents unlock collateral faster, solving previous minting slowdowns on the Flare network. In just four days, 750,000 FXRP were successfully minted through Flare’s new system, FAssets v1.1. This improvement is a sign that the integration of Core Vault technology has indeed had a major impact on efficiency in Flare’s DeFi ecosystem. Core Vault Unlocks Fresh Flow for FXRP Minting The FAssets system was originally designed to bridge assets from traditional networks such as XRP so that they can…

The director of the US Federal Housing Finance Agency (FHFA), William J. Pulte, has asked Congress to investigate Federal Reserve Chair Jerome Powell “immediately,” calling his Senate testimony denying lavish upgrades “deceptive,” and enough for his removal. During a Senate Banking Committee hearing last Wednesday, Powell defended the US Central Bank’s Washington headquarters renovation project that cost a reported $2.5 billion and included a number of lavish upgrades. He called media reports on the upgrades “misleading and inaccurate” and claimed there are “no VIP dining rooms, no marble, no special elevators, no water features, and no rooftop gardens.” Read more:…

Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second-largest exchange in the Middle East North Africa (MENA), has taken the first steps to list the first DLT/blockchain-based bond in the MENA region. It will launch the product in cooperation with HSBC using its Orion platform. The blockchain-enabled bond will be issued by the First Abu Dhabi Bank (FAB), which also recently announced it is working to issue an AED stablecoin. As per the press release, the upcoming blockchain-enabled digital bond listing represents a landmark step in ADX’s mission to lead financial innovation and support Abu Dhabi’s…

U.S.-listed spot bitcoin BTC$105,802.84 exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM).The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock’s iShares Bitcoin Trust (IBIT) attracting a net inflow. IBIT gathered in a net $125 million, the bank observed. In contrast, Fidelity’s FBTC saw net outflows of $166 million, leading the redemptions, the report said. Other major contributors included the Grayscale Bitcoin Trust (GBTC) -$107 million, ARK 21Shares Bitcoin ETF…

Ethereum’s recent rally may be losing momentum as exchange inflows rise and derivatives data point to softening market support. Nearly 100,000 ETH, or about $250 million, were deposited into Binance in two sizable waves, as per a July 1 analysis by CryptoQuant contributor Amr Taha. These deposits, which usually indicate larger exchange reserves, may result in selling pressure if market sentiment shifts. Taha also observed that the gap between Ethereum spot price and the open interest on Binance was growing. Since June 26, ETH has shown steady buying in the spot market, reaching three consecutive local highs above $2,500. However,…