Author: NBTC

Previous reports suggested that exchanges such as Binance and Upbit recently observed billions in XRP outflows, but on-chain data shows what really occurred. Notably, this week, the XRP community witnessed an anomaly pertaining to exchange flows across multiple top trading platforms. Specifically, several exchanges, including Binance and Upbit, reportedly saw massive outflows involving XRP, triggering speculation of looming supply shock. XRP Saw Drop in Exchange Reserves The Crypto Basic called attention to the development, with data provided by market analytics platform CryptoQuant indicating that the withdrawals amounted to over $12 billion worth of XRP. Data from CryptoQuant suggested that Binance…

A fresh look at 13F filings has offered one of the clearest breakdowns yet of who is actually holding spot Bitcoin ETFs — and the results show a major shift underway. Investment advisors, often seen as the “diamond hands” on the market, have now surged ahead as the top holders by a wide margin, with more than $10 billion in exposure and roughly 125,000 BTC. That puts them far ahead of hedge fund managers and brokerages, who hold about $6.9 billion and $2.1 billion, respectively. Right now, these 13F filers make up about 20% of total Bitcoin ETF assets, but…

Bank of Japan officials are beginning to acknowledge what once seemed outlandish: that cryptocurrencies could one day become a major part of everyday payments in Japan—and perhaps even challenge the yen itself. While they stress that such a shift won’t happen overnight, the notion that digital assets could reshape the country’s payment landscape is no longer mere speculation; it’s increasingly being treated as a plausible scenario. At a recent meeting with private-sector partners involved in the BOJ’s central bank digital currency pilot, Executive Director Kazushige Kamiyama said that while Japan still sees high levels of banknote issuance, “usage of notes…

Tether’s USDT token and the Tron blockchain network dominate the rapidly growing stablecoin payment industry, according analytics firm Artemis with help from investment firms Dragonfly and Castle Island Ventures. A report entitled “Stablecoin Payments from the Ground Up” looked at data from 31 stablecoin payment companies, and found USDT, the largest stablecoin, accounted for 90 percent of payment transaction volume, followed by Circle’s USDC, the second-largest. Tron was the preferred settlement network, hosting around 60 percent of volume, followed by Ethereum, Binance Smart Chain and Polygon. The snapshot of stablecoin payment volume taken in February added up to an annualized…

Binance announced that its Sahara AI (SAHARA) token, which combines artificial intelligence and blockchain technologies, will be available across many different services of the platform starting June 26, 2025. Binance to List Sahara AI (SAHARA) Token in Multiple Product Categories SAHARA will be integrated into Simple Earn, Buy Crypto, Convert, Margin and Futures sections. Simple Earn SAHARA will be listed under Simple Earn Flexible Products as of 18:00 on June 26, 2025. From this date onwards, users will be able to subscribe to flexible products to earn passive income with their SAHARA assets. SAHARA is a project participating in the…

Tim Draper, one of the most prominent venture capitalists, is confident that the price of Bitcoin will be able to more than double this year, reaching $250,000. “On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year. Draper originally predicted that Bitcoin would be able to achieve this price mark by 2022. After that forecast turned out to be a big miss, he now insists that the $250,000,” he said. The famed American entrepreneur, who is known for his early bets on such companies as Skype, has also outlined some of the main factors…

According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for stablecoins as part of its strategy to extend the hegemony of the U.S. dollar has analysts examining their effects and effective ways to counter this expansion. This week, former Chinese central bank chief Zhou Xiaochuan raised concerns about this trend, stating that while other stablecoins…

The official X handle of the Shiba Inu ecosystem has revealed the only mission of the canine-themed cryptocurrency project. Notably, this came yesterday in reaction to a tweet from a community figure, Etherscan_Shib. The community figure asserted that the Shiba Inu ecosystem is stronger than ever, as evidenced by the growing number of holders for SHIB, BONE, and LEASH. Referencing on-chain data, the user claimed there are now over 1.5 million SHIB holders, more than 95,000 BONE holders, and over 30,000 LEASH holders. Despite these multiple tokens, Etherscan_Shib noted that these holders are part of one community–Shiba Inu. Shiba Inu…

U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group on June 24, marking a significant alliance to strengthen oversight of digital assets and reshape financial markets as transatlantic cooperation expands. Officials gathered in London on June 3 for the 11th meeting. The session involved HM Treasury, the U.S. Department of the Treasury, the Bank of…

Crypto exchange Kraken has debuted a peer-to-peer payments app to compete with the likes of CashApp and Vemno.  The San Francisco, California-based company released Krak on Thursday, allowing users to send and receive payments in more than 300 currencies—including crypto—to over 110 countries.  Kraken’s main platform allows users to buy, sell and bet on the future price of hundreds of digital coins and tokens.  Introducing @Krak. The money app for people who want more. More ways to pay More freedom to send More opportunities to grow More rewards and money in your pocket Get Krak 👇https://t.co/iGnDkIQmVb pic.twitter.com/fwac24S2XR — Krak (@Krak)…