Author: NBTC
Artur Kirjakulov, the founder of XPMarkets, has opposed passing two key amendments on the XRP Ledger (Credentials and Permissionsed Domains). His team is voting against them, urging other validators to follow suit. According to Kirjakulov, these amendments serve hypothetical institutional use cases that are in little demand right now. In order to prove his point, he cited some damning data. There were only three Digital Identity (DID) transactions last month. The RLUSD stablecoin is “barely used,” according to Kirjakulov, and there is zero institutional presence on the ledger. According to Kirjakulov, there are also no meaningful real-world asset use cases…
Senator Tim Scott said on Thursday night that Democrats who voted against the GENIUS Act should expect “painful” political consequences. He made the statement after the crypto bill failed in the US Senate, where Democrats blocked it despite months of bipartisan talks. The GENIUS Act, led by Senator Bill Hagerty, would have created the first legal framework for stablecoins in the US But two Democratic co-sponsors flipped their votes, and two Republicans—Josh Hawley and Rand Paul—also voted no. According to Eleanor Terrett, former Fox Business journalist and founder of Crypto in America, Scott told her he hoped the crypto industry’s…
B2 Network, the pioneer zk L2 for Bitcoin ($BTC) network, has started a new partnership with Plume Network, an advanced blockchain to unlock the on-chain potential of real-world assets (RWAs). The collaboration denotes a key development to redefine the merger of real-world assets and Bitcoin-based assets by improving transparency, yield opportunities, and capital efficiency on-chain. The platform revealed this development on its official X account. 🔥We’re excited to partner with @plumenetwork — a blockchain purpose-built for the next era of real-world assets.🤝Together, we’re pioneering the integration of BTC assets and RWAs, unlocking new frontiers in capital efficiency, transparency, and onchain…
Robert Kiyosaki, a famous investor, a financial education advocate also known for his popular book “Rich Dad Poor Dad”, has addressed the cryptocurrency community with a new Bitcoin message in light of the recent events that threaten to give both US and Japanese economies a hard blow. Japanese car giants adjusting their US plans In his tweet, Kiyosaki claims that Japanese automobile brands Toyota, Honda, and Nissan “have decided to stop selling cars in US,” claiming that this was caused by the high tariffs imposed by the new US president Donald Trump. However, what really happened is that Nissan paused…
Oxbow, a decentralized finance (DeFi) platform balancing privacy and compliance, has removed deposit limits on its Privacy Pools tool, enabling unrestricted Ethereum transactions while screening illicit funds. Regulatory-Friendly Privacy: Oxbow’s Tool Now Accepts Large-Scale ETH Deposits Oxbow, a DeFi platform founded in 2023, announced Friday it has removed deposit limits on its Privacy Pools tool, marking a shift toward serving institutional users and high-volume traders. The Ethereum-based platform, which emphasizes privacy and regulatory compliance, had capped deposits at 1 ETH since its mainnet launch in April 2025 to test its anti-illegal fund screening systems. Privacy Pools allow users to conduct…
The Dow Jones Industrial Average, S&P 500, and Nasdaq rose on Friday as investors responded positively to signs of a potential de-escalation in the ongoing tariff war between the United States and China. U.S. stocks picked up where they left off Thursday after President Trump announced a major trade deal with the United Kingdom. The Dow, S&P 500, and Nasdaq indices all opened in the green on Friday after U.S. President Donald Trump hinted at cutting tariffs on Chinese imports to 80%. Trump said in a Truth Social post: “80% Tariff on China seems right! Up to Scott B,” referring…
Kalp, a cross-chain platform focusing on Real-World Assets (RWAs), has announced its strategic partnership with ENI, a high-performance Enterprise-Grade Web3 blockchain. By joining their expertise, both FinTech firms are aimed at boosting blockchain innovation and tokenizing real-world assets (RWAs). In addition to that, Electronic Numerical Integrator and Computer (ENIAC) ensures seamless, scalable, secure, and interoperability for enterprises, developers, and ecosystem partners. 🚀 Partnership Announcement! 🚀 We’re thrilled to announce our partnership with @ENI__Official! 🎉 ENIAC Network is a next-generation Web3 enterprise blockchain designed for high-performance applications. Built on zero-knowledge proof (ZKP) technology with a modular,… pic.twitter.com/XaSSRdEj1U — Kalp (@Kalp_Official) May…
Bitcoin Price Nears Record High Amid Explosive Weekly Rally Bitcoin (BTC) is back in the spotlight, roaring past $99,800 and inching toward a new all-time high. The crypto market is heating up this week as Bitcoin’s price action defies expectations, fueled by a wave of bullish developments including global trade negotiations, pro-crypto regulation, and renewed institutional demand. By TradingView – BTCUSD_2025-05-08 (5D) What’s Driving Bitcoin’s Surge? 🔹 US-China Trade Talks in Switzerland Bitcoin’s momentum picked up after the U.S. and China announced renewed trade negotiations set to take place in Switzerland. Markets interpreted this as a sign of geopolitical easing,…
Despite the successful implementation of the Pectra upgrade, the market response has been notably muted as ETH price recorded only a modest 5% uptick. What’s holding back ETH price? Ethereum (ETH) successfully implemented the Pectra upgrade on May 7, yet the market’s reaction was underwhelming. On the day of the upgrade, ETH opened at $1,849 and closed at $1,811, recording a slight 2% decline. At press time, ETH is trading at $1,936, marking a mere 5% gain from its May 7 opening. The subdued response can be partly attributed to macro headwinds — most notably, uncertainly in global trade due…
Wall Street analysts passed mixed judgement on Coinbase (COIN) after its first-quarter earnings miss and a $2.9 billion acquisition, with some downgrading near-term forecasts and others pointing to long-term strategic wins. “Q1 results came in a bit below expectations, and forward-looking guidance for [subscription and service] revenues and April [transaction] volumes were impacted by softer crypto markets and mix/rebates,” Barclay’s Benjamin Buddish, who maintained an “equal weight” rating, wrote in a report. “Otherwise, COIN saw nice trading share gains in both spot and futures in Q1, and remains quite optimistic.” The U.S.-based crypto exchange posted a greater-than-forecast 12% drop in…