Author: NBTC
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, according to Reuters. This would be the first time the country allows any form of stablecoin tied to its national currency. The decision is expected to be reviewed by the State Council, the highest administrative body in China, which will also decide how this stablecoin rollout fits into its larger strategy to push the yuan into wider global use. The proposal includes a detailed plan assigning roles to domestic regulators and setting benchmarks for the international use of the yuan. It also…
Cryptocurrency exchange Binance has upgraded its Execution Services to aggregate spot and options liquidity from a broad network of providers alongside its own order books, as per information provided to Finbold on August 28. The move is designed to deliver tighter spreads and faster execution for institutional clients. Enhanced execution capabilities The new setup allows users to choose between instant over-the-counter (OTC) risk-pricing or fully managed bespoke execution through Binance’s algorithmic trading tools. The exchange currently supports Time Weighted Average Price (TWAP) and Percentage of Volume (POV) strategies, which can be run independently via the Binance VIP Portal or executed…
Arichain, a multi-dimensional L1 chain, has partnered with CGPTDotFun, the 1st combined platform for memecoin launching and AI Agents. The key objective of this partnership is to advance Web3 innovation by increasing engagement with blockchain and AI technologies. Announcing Arichain’s Web3 PartnershipArichain X cgptdotfun@cgptdotfunis the first hybrid AI Agent and Memecoin launcher built natively on BNB Chain. It enables anyone to launch memecoins, autonomous AI Agents, or both (hybrids) in seconds with no code, no gatekeeping, and… pic.twitter.com/fBMFUp5wrK — Arichain 🟥 (@Arichain_) August 25, 2025 As revealed in Arichain’s official social media announcement, the development is anticipated to improve the…
After coming close to its all-time high near $4,878 just days ago, the Ethereum price is now trading below $4,300. Despite the dip, it has managed to hold onto strong monthly gains of 15.3%, showing some resilience. But while many short-term holders are jumping in to “buy the dip,” things aren’t all good for near-term traders. A key bearish signal is starting to show up on the 4-hour chart. Short-Term Buyers Are Growing, While Reserves Stay Near Lows The Ethereum HODL wave chart shows that new buyers have been slowly loading up over the past 30 days. Ethereum price and…
A major shift is on the horizon for the financial world, according to a recent analysis from investment banking giant Goldman Sachs. They foresee remarkable USDC growth, projecting that this leading stablecoin could expand by a staggering 40% annually. This optimistic outlook highlights the transformative potential stablecoins hold for global financial infrastructure, moving beyond just consumer payments. What is Driving This Impressive USDC Growth? Goldman Sachs believes that upcoming U.S. regulatory clarity will be a significant catalyst for this predicted USDC growth. New legislation could provide the certainty needed for institutions to more widely adopt stablecoins. Investopedia reports that the…
In a stunning turn of events, EdgeX, a decentralized perpetual futures exchange platform, has cemented its place among the crypto elite, becoming the second exchange after Hyperliquid to break the $40 billion mark in monthly perps trading volume. This milestone moment instantly propels EdgeX into the spotlight as the world’s 2nd perps exchange, signalling a seismic shift in the global derivative landscape. A Two-Titan Race in Perps Until recently, Hyperliquid stood as the undisputed leader in perpetual trading, which boasts unmatched scalability and liquidity. With EdgeX crossing the $40 billion threshold, the global perps market is now entering a new…
Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X. Animoca’s co-founder and chairman, Yat Siu, senior adviser Keyvan Peymani, and Ibex Japan partner Sandeep Casi outlined the project during the conference, according to a report by Japanese crypto news outlet CoinPost. Per the report, Casi noted that “90% to 99% of Japan’s IP is lying dormant on the…
With Ethereum joining Bitcoin to lead the broad crypto market downturn, the altcoin has seen its price plunge deeper over the past days. However, whale activity on the coin appears to remain on the high side as data from Arkham Intelligence firm shows two whales loading up heavily on Ethereum. The data shows that two newly created whale addresses have collectively acquired approximately $200 million worth of Ethereum (ETH) in a single purchase, sparking discussions across the crypto community. The transaction saw Ethereum birthing new whales despite the market slump, as the source revealed that the fresh wallets acquired about…
BitMEX co-founder Arthur Hayes has once again captured the attention of the crypto world with his recent, significant moves. His latest spree highlights a remarkable focus on the Ethereum ecosystem, signaling a strategic direction that many investors are keen to understand. These notable Arthur Hayes crypto investments offer a fascinating glimpse into the mind of a prominent industry figure. What Are Arthur Hayes’ Latest Crypto Investments? On-chain analysis reveals Arthur Hayes recently acquired 7.66 million BIO tokens, a purchase valued at approximately $1.1 million. This specific acquisition is just one part of a much larger investment strategy. Since August 10,…
The world of cryptocurrency payments is constantly evolving, always seeking faster, cheaper, and more efficient ways to transact. A significant step forward has just been announced, set to transform how we think about digital money. Oobit, a prominent cryptocurrency payment application, now proudly supports Kaia-based USDT, opening up exciting new possibilities for users globally. This pivotal integration means that Tether’s widely used stablecoin, USDT, can now leverage the high-performance Kaia network directly within the Oobit app. This development promises to streamline digital currency transactions, making them more accessible and user-friendly than ever before. What Does Kaia-based USDT Support Mean for…