Author: NBTC

Coinbase (COIN), the leading digital assets platform in the U.S., is well positioned to benefit from the enactment of the crypto market structure bill introduced in the House of Representatives earlier this month, broker Benchmark said in a research report Monday. Benchmark raised its Coinbase price target to $421 from $310 and reiterated its buy rating on the stock. Coinbase shares fell 1.6% in early trading as conflict in the Middle East weighed on financial markets. The crypto exchange’s stock jumped 23% last week following the bipartisan passage of the stablecoin GENIUS Act in the Senate, and the announcement that…

Data center operator Hyperscale Data has announced plans to purchase up to $10 million worth of XRP in preparation for the launch of its new blockchain-based lending platform in the third quarter of 2025. Led by its subsidiary, Ault Capital Group (ACG), it is a focused step into decentralized finance with an eye on serving U.S. public companies. As the core asset for a new enterprise lending system, XRP will be used exclusively for companies listed on the NYSE, NYSE American and NASDAQ. Initially in beta, the platform will allow eligible firms to borrow XRP on negotiated terms, backed by…

Rumors suggest that the European Commission is about to slightly relax MiCA rules on EU stablecoins. Specifically, it aims to make non-approved stablecoins in global markets interchangeable with certified EU-only ones. The European Central Bank (ECB) strenuously disagreed with the proposal, instead advocating for a digital euro CBDC. It warns of risks to European bank stability, but ignoring stablecoin growth is risky too. MiCA’s Impact on EU Stablecoins Since MiCA took effect in December 2024, the European crypto landscape has changed dramatically. Indeed, perhaps it’s changed too dramatically. The global stablecoin market is heating up, but its biggest token issuer…

Singapore-based trading desk QCP Capital says the options market is sending an unmistakable signal: large players are quietly positioning for a break to $130,000 by the end of Q3, even as spot Bitcoin languishes near $105,000. $130,000 Bitcoin Bets Heating Up In a note to clients on Wednesday, the firm highlighted “a surprise uptick in job openings” that lifted risk appetite across equities, nudging the S&P 500 toward the psychologically charged 6,000 mark. “A steady NFP would cement the Fed’s narrative of a resilient labour market, reinforcing expectations that rates will remain on hold,” QCP wrote, adding that front-end Bitcoin…

After just three days of trading on the Toronto Stock Exchange, the 3iQ XRP ETF (with the ticker XRPQ) has CAD$32 million in assets under management, making it Canada’s largest XRP-focused exchange-traded fund. We are pleased to announce that after just three days of trading on the Toronto Stock Exchange (TSX), the 3iQ XRP ETF (Ticker: $XRPQ) has accumulated C$32 million in assets under management, making it the largest exchange-traded fund focused on #XRP in Canada.XRPQ is one of the… pic.twitter.com/o6wX7jREqZ — 3iQ Digital Asset Management (@3iq_corp) June 23, 2025 XRPQ debuted last week with a 0% management fee for…

U.S. Dollar Tether (USDT), the biggest stablecoin by market cap, is utilized for 80% of all payments in stablecoins. While the segment is growing by 100% every six months, it is still a tiny fraction of what is transferred via Visa and Mastercard, a new report says. USDT on fire: 80% stablecoin market milestone hit U.S. Dollar Tether (USDT), the largest stablecoin by market capitalization and most popular asset of this class in the world, reached a new usage high. USDT just hit 80% market share by volume, a new report by an Artemis analyst says. USDT is 80% of…

Australia’s corporate regulator has assembled a heavyweight panel of financial experts to examine the internal operations of the Australian Securities Exchange following a string of failures, including a disastrous $250 million (US$163.1 million) blockchain project that collapsed after seven years of development. The Australian Securities and Investments Commission (ASIC) announced on Wednesday that it has appointed three panel members to conduct its inquiry into the ASX Group, focusing on governance, capability, and risk management frameworks within the nation’s primary stock exchange. The panel will investigate core organizational and cultural drivers that contributed to recent compliance incidents, assess whether ASX has…

Bitcoin is experiencing a short-term price decline. In the past 24 hours, the asset has fallen by approximately 9.3% to a trading value of $105,062. This pullback places Bitcoin roughly 8% below its all-time high recorded last month. The dip comes amid broader market volatility, but on-chain indicators and exchange data suggest deeper structural trends that may influence the next phase of Bitcoin’s price trajectory. Recent market analysis points to renewed accumulation among long-term holders, a spike in exchange withdrawals, and rising spot trading activity on Binance. These developments are being interpreted as signals of underlying strength despite recent price…

Ethereum has amassed $425 million in capital from SharpLink Gaming’s treasury allocation. The largest altcoin has attracted large volumes of institutional capital inflows to ETFs in the past week. Whales and institutions have attempted to reinstate confidence among traders, however the process has proven painfully slow. We dive deeper and find out why traders are not buying Ethereum’s (ETH) new narrative and what it will take for ETH to break out of the consolidation and hit a new all-time high this cycle. Table of Contents Ethereum ETF flows and whale accumulation In Ethereum they trust- Trump Media’s dual Bitcoin and…

FED Board Member Austan Goolsbee made important assessments regarding the economic outlook and the effects of trade policies on inflation. Goolsbee said that attention should be paid to the moderate course of economic data during the transition period. Goolsbee, while evaluating the effects of the customs duties that have recently come back to the agenda, stated that these policies are “no different from oil shocks with a stagflationary effect.” However, he added that this effect is weaker compared to the past. He stated that lower customs duty rates and exemptions limit the reflection of customs duties on the economy. Goolsbee…