Author: NBTC

Crypto inflows continue to extend their multi-week streak, with Bitcoin (BTC) and Ethereum (ETH) still leading despite broader market caution. However, Ethereum remains an outlier, demonstrating significantly higher investor interest or sentiment than Bitcoin. Crypto Inflows Surge to $1.03 Billion Last Week Crypto inflows hit $1.04 billion last week, and while this was significantly lower than the $2.6 billion crypto inflows for the week ending June 28, it marks the 12th straight week of positive flows. The latest CoinShares report indicates that last week’s crypto inflows pushed assets under management (AuM) to $188 billion. The US accounted for most of…

Ripple has carried out its monthly XRP escrow rebalancing, moving a substantial amount of XRP to escrow amid the July escrow unlock. Ripple carried out the rebalancing over multiple transactions on July 1, transferring substantial amounts of XRP across several wallets before moving them to escrow. Before then, the escrow account had released 500M XRP ($1.08 million) to a Ripple account. 500M XRP Unlocked from Ripple Address Whale Alert shared this transaction in a Tuesday tweet, which saw a Ripple account receive 500 million XRP from the escrow account. Specifically, the Ripple (27) wallet received the tokens. Whale Alert on…

Brian Armstrong, the CEO of the largest U.S.-based cryptocurrency exchange, Coinbase, has commented on the U.S. president, Trump, signing the so-called Genius Act earlier this week. This step, after passing this act, has now turned it into a law with all the positive aftermath for the crypto space that is expected to follow. Coinbase CEO underscores importance of stablecoin law This act acknowledges stablecoins as legal assets and provides regulation for their circulation and usage. Armstrong gave an interview to CNBC from the White House yard, stating that this passing of the Genius Act marks an important milestone for crypto…

SUI Surges 427% in 2024: SUI outperforms Bitcoin and Ethereum, reaching $4.09 amid growing DeFi adoption and strong fundamentals. FTX’s $6.4B SUI Miss: FTX sold its SUI stake for $96M in 2023—today that stash would be worth over $6.46 billion. SUI has become one of the hottest altcoins in the crypto space right now. In the past year alone, it has recorded a jaw-dropping gain of 389.3%, leaving even Bitcoin and Ethereum behind, which rose by 85.9% and 6.5%, respectively. The momentum hasn’t slowed down. In just the past 30 days, the SUI price surged by 41.2%, reaching $4.09 at…

Ethereum’s price jumped for six consecutive days, reaching its highest point since January 7. It has jumped by over 158% from its lowest point in May this year. Ethereum (ETH) jumped to around $3,580, making it one of the best-performing coins this week. SoSoValue data shows that the surge coincided with the robust spot Ethereum ETF inflows during the week. These funds added a record $2.1 billion in assets, the biggest weekly gains on record. The inflow was much higher than the previous week’s $907 million. It was also the tenth consecutive week of positive Ethereum ETF inflows, marking the…

Even as Russia gears up to launch its digital ruble, some of the country’s top bankers still aren’t sold on the idea. As Russia moves closer to launching its own digital currency, questions are starting to grow louder about whether the country really needs a central bank digital currency. And most importantly, these concerns are coming not from critics abroad, but from within the country’s own financial system. One of those questions is now being raised by one of the most influential bankers in Russia. German Gref, the CEO of Russia’s largest state-controlled lender Sberbank, reportedly told reporters on the…

Shiba Inu lead developer Shytoshi Kusama has provided a hint about what SHIB community members should expect in July. In a recent X post, Kusama suggested that July 2025 will not be just another month of the year, but one packed with several AI-driven initiatives. He renamed July as Jul-AI, signaling that the seventh month of the year will be all about artificial intelligence (AI) for Shiba Inu. Kusama teased that the community will see numerous announcements, releases, and discussions surrounding past developments and the blueprint for the next phase of the ecosystem. Based on his commentary, it is expected…

The United States just ignited a new era of crypto dominance, with landmark legislation unleashing blockchain and AI to revolutionize finance, healthcare, and the global digital economy. Crypto Tech Will Reshape Finance, Healthcare, and Everything Else, Says Robinhood CEO The passage of a U.S. bill focused on crypto regulation is fueling a wave of optimism about American leadership in the future of finance and technology. Robinhood CEO Vlad Tenev stated on CNBC on July 18 that the signing of the GENIUS Act marks a pivotal moment for digital assets. “It’s incredibly significant,” he said, emphasizing that the United States is…

KuCoin, one of the world’s largest and most globally accessible crypto exchanges, has officially launched xStocks, a suite of tokenized equities issued by Swiss-based tokenization firm Backed. The move marks a significant leap in the fusion of traditional finance (TradFi) and decentralized finance (DeFi). It enables over 41 million users across 200+ countries to trade top global stocks using USDT within a single, crypto-native account. What are xStocks? xStocks are 1:1 tokenized representations of real-world equities and ETFs, including high-demand assets like: SPYx – S&P 500 ETF TSLAx – Tesla MSTRx – MicroStrategy NVDAx – NVIDIA CRCLx – Circle These…

Bitcoin(BTC) reached a new all-time high of $109,487, up 4.59% in 24 hours. Market cap rose to $2.17 trillion, backed by $59B in daily volume. Bitcoin (BTC) soared to a new all-time high of $109,487, surpassing its January peak of $108,786. The move came four months after the previous milestone, as the crypto market regained bullish momentum. Bitcoin’s current price hovers around $109,322, marking a 4.59% daily surge. Its market capitalization now stands at $2.17 trillion, supported by a 24-hour trading volume of $59.05 billion. With a volume-to-market cap ratio of 2.66%, investor interest remains intense. The broader economic backdrop…