Author: NBTC

Kraken launches a Crypto-as-a-Service platform through Alpaca, reaching 200+ enterprise clients. The plug-and-play model offers trading, custody, and compliance without extra licensing. Brett McLain says the move positions Kraken as key infrastructure for traditional finance. While the spotlight in crypto often falls on token launches and price moves, some of the most important shifts happen behind the scenes. Kraken’s latest move is one of them and it could have a lasting impact on how crypto gets integrated into mainstream finance. The exchange has launched a Crypto-as-a-Service (CaaS) platform in partnership with equities broker Alpaca. It’s not flashy, but it’s powerful:…

Charles Hoskinson, the founder of Cardano, recently reiterated his prediction for Bitcoin price and provided a bold timeline for realization. In an interview hosted by Bitcoin Magazine, Hoskinson highlighted key technological advancements and institutional involvement in driving Bitcoin’s growth. He particularly cited the recent focus on integrating Bitcoin within decentralized finance (DeFi). His remarks come as other prominent figures, such as Cathie Wood of Ark Invest, have also expressed their optimistic outlook for Bitcoin’s future. Bitcoin’s DeFi Future Hoskinson emphasized Bitcoin’s growing significance in the DeFi space, largely due to its upgrade via Taproot, which enables greater programmability. He explained…

According to on-chain analytics platform Santiment, Ethereum large holders continue to accumulate even as retail confidence wanes following the recent market dip. Crypto prices plunged Friday, with major altcoins taking significant hits and liquidations surpassing $1 billion. At one point, Ethereum fell by more than 8%, reaching a low of $2,439. At the time of writing, ETH was barely higher, just up 0.15% in the last 24 hours to $2,532, having marked three straight days of drop since its June 11 high of $2,880. 🐳 There are currently 6,392 wallets holding between 1K and 100K Ethereum. Over the past month…

Stablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street giant Citigroup. As stablecoin usage grows, so does their demand for short-term U.S. Treasuries, although substitution from money market funds may limit the net effect, the report said. Legislation under consideration in Congress could further entrench this trend by requiring reserves to be held in short-dated government debt, the bank noted. Citi said the U.S. dollar’s dominance in stablecoin issuance reflects its status as the global reserve currency, rather than driving it. Dollar-backed stablecoins like USDT remain dominant,…

Ripple and SEC end lawsuit with $125 million escrow deal, marking final court chapter. XRP no longer classified as a security in secondary markets after judge’s 2023 ruling. In the meantime, XRP price rises to $2.16, with eyes on $2.35 and $2.60 resistance levels. After nearly five years of courtroom drama, the Ripple vs. SEC case is finally reaching its last chapter. In a joint move, Ripple and the U.S. Securities and Exchange Commission have asked a New York court to release $125 million in escrow funds, marking the end of a long fight. Meanwhile, XRP is no longer seen…

Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil’s Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign currencies using stablecoins. The service allows users to convert Brazilian real to U.S. dollars or euros and settle transactions in minutes with stablecoins —a sharp departure from the traditional FX infrastructure, where settlement can take up to three days, according to the press release. Braza, which owns Brazil’s largest FX bank and processed $67 billion in transactions last year, launched its own real-pegged stablecoin BBRL on XRP Ledger earlier this…

The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and equity through real-world asset specialist Global Settlement’s platform, the firm told CoinDesk. The purchase — orchestrated for Feniix Energy, a company that focuses on buying and operating energy assets in the region — marks the first time a fully tokenized capital stack has been used to acquire operational real estate tied to commodity production, Global Settlement said. The transaction was finalized last week, said Kyle Sonlin, founder of Global Settlement. Further details cannot be disclosed due…

Coinbase CEO Brian Armstrong believes Bitcoin is better than gold in several respects, predicting that nations will hold more of the premier crypto asset over time. The Bitcoin vs. gold debate continues. Conversations about which is better between the physical and “digital gold” are now commonplace among global financial market analysts and investors. A clip of Coinbase CEO Brian Armstrong’s thoughts on the hot debate is trending again on crypto Twitter. In the clip, he stressed Bitcoin’s superiority over the prominent traditional financial asset class. Bitcoin: A Better Form of Money Than Gold For context, the video is a clip…

Ethereum to $10K: The Institutional Bet Is On Ethereum is showing all the signs of being the next big institutional play. In the past weeks, BlackRock and other major ETFs have accumulated $240 million worth of ETH, even before the Ethereum spot ETF officially launches. But they’re not just positioning for the spot ETF. The Real Target: ETH Staking ETFs Institutions are preparing for the future SEC approval of staking-based ETFs, which would allow them to offer yield-generating products. If approved, this would be a game-changer: ETH staking = passive income ETH supply is deflationary, especially post-merge Real World Assets…

US President Donald Trump has slammed Beijing, saying that China has “completely violated” the tariff agreement it made with the US. “Maybe it’s not surprising to some, but China has completely violated the agreement it made with us,” Trump said. White House official Miller also supported Trump’s statements. Miller said, “We have a wide range of options to hold China accountable,” and indicated that the US could take new steps against Beijing. Miller also said that they would not allow China to take away US production capacity and that espionage activities carried out through student visas would be stopped. Arguing…