Author: NBTC

Evernorth Reveals Why $XRP Could Become the Settlement Backbone of Global Finance For years, one question has followed $XRP: What does it actually do? According to Evernorth, the answer has little to do with speculation or price action. The company argues that $XRP’s real purpose is to serve as a settlement rail for modern finance, enabling institutions to move value across borders faster, more efficiently, and with greater transparency. Interestingly, Evernorth Chief Business Officer Sagar recently acknowledged that $XRP is designed for money movement, unlike Bitcoin, which is primarily viewed as a store of value. He described $XRP as infrastructure…

The Massachusetts Senate voted Thursday to prohibit crypto ATMs. It was attached to an omnibus economic development bill. The action comes as FBI figures show kiosk-scam losses statewide last year totaled ~$7 million. Consumer advocates and elderly residents say the unregulated machines have become a cash pipeline for scammers. Crypto ATM scams walk victims to the kiosk The machines look just like normal cash dispensers. Hundreds sit inside convenience stores, pharmacies and liquor stores across the state. Norfolk County Sheriff Patrick McDermott said it usually starts with a call or text, and then the victim is pressured into moving savings…

In brief Real-world assets (RWAs)—tokenized versions of traditional financial instruments like company stocks, crude oil, and market indices traded as blockchain contracts—accounted for 54% of Hyperliquid’s weekly trading volume during July 13–19, the first time non-crypto assets have dominated the exchange. ARK Invest’s director of digital assets research Lorenzo Valente said Hyperliquid’s $26 billion in RWA trading last week surpassed the combined crypto perpetual volume of every other decentralized exchange on earth. South Korean chipmaker SK Hynix—a direct rival to Samsung in AI memory production—drove most of the interest on Hyperliquid’s third-party market platform. For the first time, traders on…

A sustained decline in Bitcoin’s price could set off a wave of mergers, acquisitions, or restructuring among Digital Asset Treasury (DAT) companies, according to Ben Workman, Chief Investment Officer at Strive. Speaking at the $BTC Prague event, Workman outlined how the aggressive debt-fueled strategies many firms adopted during last year’s crypto rally are now exposing them to significant financial risk. Debt-Fueled Bitcoin Purchases Create Vulnerability Workman explained that during the 2024 Bitcoin bull run, numerous treasury firms turned to convertible bonds and other debt instruments to raise capital for large-scale $BTC purchases. These strategies worked well as long as the…

Circle’s $USDC stablecoin has faced headwinds in recent months, with its circulating supply falling by roughly $7 billion from its March peak to about $74 billion in July as redemptions outpaced new issuance. The contraction marks the largest monthly decline since 2022 and has raised concerns among analysts that slowing supply growth could weigh on the firm’s transaction and reserve-income outlook, even as on-chain usage remains strong The stablecoin market posted its largest monthly contraction in years in June, signaling an outflow of on-chain liquidity as crypto markets remained stuck near their 2026 lows. The analysts also highlighted increasing competitive…

Pi Network has wrapped up its second Launchpad test by distributing 10 million SLICE test tokens, giving Pioneers their first hands-on experience with liquidity pools, automated pricing and token swaps before Mainnet. The goal isn’t fundraising, it’s helping users understand how Pi’s future ecosystem tokens will work in real-world applications. They can be used for features such as payments, access to premium services, rewards, and governance. By testing these use cases in a real application, the Pi Core Team hopes to refine the Launchpad before its Mainnet release. Let’s dive in to know more. In the Pi Launchpad model, projects…

Galaxy Digital said the Senate has four working days to save the CLARITY Act, as it cut passage odds to 30%. In a July 24 note to clients, the crypto investment firm lowered its estimate for CLARITY Act chances this year from 50%, saying lawmakers need a deal by July 30 to leave enough time for floor proceedings before the August recess. Alex Thorn, Galaxy Digital’s head of research, said: “[CLARITY Act] is a strong bill that improves regulation, protects investors, promotes innovation, grows USA the time for incremental negotiations is over. we need a last-ditch effort.” The warning came…

Binance barely needed a full quarter to seize control of a new product category that most rivals barely saw coming. The exchange’s ETF perpetual contracts have now cleared more than $116 billion in cumulative trading volume since their March 2026 debut, pushing Binance’s market share in the segment to 74%, according to the original report. The number is more than a growth metric—it marks a structural quickening in how traditional financial instruments get absorbed by crypto-native infrastructure. When the product launched, Binance held just 18% of the ETF perpetual market. The rapid share grab reflects both execution and the sheer…

Standard Chartered’s head of digital assets research Geoffrey Kendrick says bitcoin $BTC$66,459.26 may have already put in its low for the current market cycle, arguing that a combination of improving investor flows, corporate buying and easing macroeconomic pressures points to a stronger recovery ahead. The latest call marks a shift in sentiment after several months in which crypto markets struggled with rising geopolitical tensions, concerns about inflation and persistent outflows from U.S. spot bitcoin exchange-traded funds (ETFs.) Last Friday, Kendrick told clients he believed bitcoin’s decline to roughly $59,000 represented the cycle low. At the time, however, he outlined three…

Federal Reserve Board member Christopher Waller argued that the institution should adopt a target range of between 1.5% and 2.5% for inflation, instead of its current 2% target. Waller stated that it is not realistic for central banks to steer inflation precisely towards a single number, adding that the current system can produce overly rigid conclusions in evaluating the success of monetary policy. Waller stated that he prefers an inflation target range of between 1.5% and 2.5%, adding that measuring the success of monetary policy solely against a single 2% target can sometimes be misleading. According to Waller, a target…