Author: NBTC

Gold (Au) is setting up for a short squeeze as gold funds posted -$2.3 billion outflows last week, marking the fourth consecutive weekly decline, with a 4-week average of -$2.0 billion. This is only below the -$3.5 billion 4-week average record seen in February. Meanwhile, Bitcoin ($BTC) is preparing a 3-Month short squeeze timeframe confluences added with the candle range theory. Gold Outflows Hit -$2.3B, the Second-Largest on Record According to sources, gold funds recorded -$2.3 billion in net outflows last week, marking the fourth consecutive week of withdrawals. This pushed the four-week average to approximately -$2.0 billion, the second-largest…

Ethereum’s staking success may have created a new problem, at least according to the authors behind newly submitted EIP-8361. The proposal introduces a Tapered Issuance Burn mechanism designed to remove incentives for staking beyond 50% of Ethereum’s total supply, arguing that the network’s current issuance curve encourages unlimited validator growth instead of allowing market forces to determine equilibrium. Ethereum Staking Debate Intensifies Again The proposal claims Ethereum crossed a one-third staking ratio in April 2026 and has continued climbing each month. Under the existing issuance model, staking yield reportedly never falls below roughly 1.5% even if the entire $ETH supply…

Ink is an Ethereum Layer 2 blockchain built by Kraken on the OP Stack, designed as a low-fee home for DeFi within the Optimism Superchain. The US-based crypto exchange has confirmed a future INK token airdrop through its Kraken Drops program, with Kraken Pro trading activity currently the only confirmed way to earn points toward it. 🚨 Kraken is leveling up$INK and Ink Layer-2 are coming to Kraken’s products to deliver new onchain experiences. Built for scale, ready for the world.→ $INK to join Kraken Drops 👀→ CeFi x DeFi? not a bridge 🤝 a fusion https://t.co/6qGFH7XDb5 — Kraken (@krakenfx)…

American financier Anthony Scaramucci has once again thrown his support behind the Clarity Act, claiming that the imperfect legislative effort is still ten times better than the Wild West. The Clarity Act, which aims to create clear rules for the nascent asset class in the United States, has been on everyone’s lips over the past few months due to constant negotiations on Capitol Hill. “Bank the win” Echoing recent comments made by Ripple executives, Scaramucci claims that perfection should not be the standard, arguing that the necessary compromises have already been made to find the common middle ground, but this…

Ripple has announced an expansion of its long-standing partnership with Bitso, aimed at enhancing payment solutions across Latin America. This strategic move involves the issuance of Bitso’s regulated MXN-backed stablecoin, MXNB, on the $XRP Ledger (XRPL). This integration is expected to support enterprise stablecoin settlements and improve liquidity in the region, indicating a significant step forward in the evolution of digital payments. More details can be found in their official tweet. The Latest The crypto market is currently displaying mixed signals, but Ripple’s collaboration with Bitso stands out as a significant development. The integration of MXNB into Ripple’s Payments on…

Cryptocurrency wallet provider Exodus (EXOD) has announced its digital asset reserves for May. The company increased its Bitcoin ($BTC) and Solana ($SOL) positions while decreasing its Ethereum ($ETH) holdings. The data indicates that the company is beginning to place more weight on Bitcoin and Solana in its portfolio strategy. According to information published by Exodus, the company purchased an additional 27 Bitcoin in May, bringing its total Bitcoin reserves to 656 $BTC. The increasing popularity of Bitcoin as a reserve asset among institutional investors may have influenced these purchases. The company also increased its investments in the Solana ecosystem during…

Ethereum [$ETH] traded near $1,876 after recovering steadily from its June lows, but the rally has begun to lose momentum as buyers struggle to push the token above the $1,900 resistance zone. The broader recovery remains intact. However, softer capital inflows, lighter trading volume, and only modest institutional demand suggest Ethereum may need a stronger catalyst before attempting another breakout. $ETH continues to face resistance near $1,900 Ethereum rebounded from around $1,500 in June before climbing towards $1,950 during July. Since then, the recovery has stalled. The $1,900-$1,950 range has repeatedly capped buying attempts, making it the key resistance area…

Gerber, an Ohio-based registered investment adviser managing $592 million in assets, has disclosed a fresh $XRP position, according to a recent SEC filing. The firm holds 12,958 shares of the Franklin $XRP exchange-traded fund ETF. Series of institutional disclosures Gerber’s filing follows several other notable 13F disclosures from investment advisers across the United States. On July 17, Gallacher Capital Management LLC reported a new position in the Canary $XRP ETF (XRPC). It disclosed ownership of 86,744 shares valued at approximately $961,126. One day earlier, Vista Finance LLC revealed one of the largest institutional $XRP ETF positions disclosed so far. Its…

Ripple has officially joined the x402 Foundation as a Premier Member, a significant move aimed at enhancing digital payment standards. This partnership will bolster the infrastructure necessary for AI agents to transact efficiently using $XRP and $RLUSD. The commitment to open standards in payments marks a crucial step for Ripple in shaping the future of digital transactions, as detailed in their announcement. The Key Development The broader crypto market is currently experiencing mixed signals, but Ripple’s announcement stands out as a pivotal development. By aligning with the x402 Foundation, Ripple aims to improve transaction processes for AI agents, addressing the…

Kenya has launched a blockchain-based system for verifying academic credentials through the Kenya National Examinations Council (KNEC), placing more than 30 million records on the Avalanche network in an effort to combat certificate fraud and make credentials easier to verify. KNEC and Avalanche announced the initiative on Monday, saying the platform is designed to address the thousands of forged academic certificates reported in the country each year. The system allows employers, universities and other institutions to verify academic credentials onchain, making records more difficult to tamper with. While the verification platform is now live, neither KNEC nor Avalanche disclosed how…