Author: NBTC

Earlier today, the price of the Ripple-linked $XRP token slipped below the $1 level for the first time since November 2024, according to the data provided by the Binance exchange. At 14:58 UTC, the cryptocurrency reached an intraday low of $0.99. The most recent decline, which ultimately pushed the price of the token below the psychologically important mark, came after it was revealed that 200,000 $XRP tokens were drained from the Coreum cross-chain bridge. Meanwhile, as reported by U.Today, there has been some elevated activity in the closely watched $XRP derivatives market. $XRP futures, for instance, experienced a double-digit spike…

KuCoin has released its latest Proof-of-Reserves report, confirming a total reserve of $8.215 billion as of mid-August 2026. This report, which ensures that user funds are fully accounted for with a reserve ratio of 127%, highlights the exchange’s commitment to security and transparency. The implications for user confidence are significant, as verified reserves help build trust in the platform’s financial health. For more details, check the report here. The Essentials KuCoin’s Proof-of-Reserves report confirms total reserves of $8.215 billion. The report indicates a reserve ratio of 127%, surpassing the 100% solvency benchmark. The independent audit process ensures ongoing transparency and…

On July 21, Bitcoin ($BTC) witnessed upward momentum after witnessing steady inflows for 5 consecutive days in exchange-traded funds. Bitcoin ETF Records Steady Inflows Despite Turmoil in Crypto Market On July 20, Bitcoin ETFs recorded $226.8 million in inflows, according to Farside. This is the fifth straight day of positive flows, bringing the total to $723.3 million. This is the longest winning streak since May. This is a sign of a strong rebound in investor confidence after turmoil in the crypto market. The steady inflows into Bitcoin ETFs are showing that institutional investors are comfortable with the current prices. The…

Bitcoin ETFs Close August With $3.52B in Monthly Inflows August closed with buyers back at the table. Bitcoin exchange-traded funds (ETFs) recovered from Friday’s $202 million withdrawal, while ether’s uninterrupted run stretched deeper into a third week. The final trading session of the month also left bitcoin ETF assets within touching distance of $100 billion. Bitcoin ETFs attracted $216.70 million, led by a $205.91 million inflow into Blackrock’s IBIT. Grayscale’s Bitcoin Mini Trust added $9.24 million, while Fidelity’s FBTC received $6.88 million. Bitwise’s BITB and Morgan Stanley’s MSBT brought in $4.29 million and $3.62 million, respectively. Vaneck’s HODL recorded the…

The $XRP Ledger is gaining fresh attention as Ripple expands its work with traditional finance, while Digital Asset CEO Yuval Rooz warns that crypto networks will eventually be judged by the utility and revenue they create. At the same time, banks are already using public blockchain infrastructure without waiting for the US Clarity Act. Ripple Pushes $XRP Ledger Into Traditional Finance Aviva Investors has tokenized its US dollar liquidity fund on the $XRP Ledger as part of its partnership with Ripple. The firm manages over £30 billion in liquidity strategies and will work with Ripple through 2026 to explore more…

OKX may restrict account functions and funds for 15 days or longer when cryptocurrency deposits trigger enhanced anti-money laundering reviews, CEO Star Xu said on Sept. 2. Xu issued the warning after responding to a user whose transfer from a sports betting platform reportedly triggered an OKX risk review. The executive said funds sent from high risk addresses can result in stricter checks, with the length of a review depending on the circumstances. Accounts confirmed to be connected to high risk or illegal activity may have their services terminated, according to Xu. His statement did not identify the user, betting…

Base has announced that there are just 24 hours left to apply for its Batches 004 initiative, which offers up to $100,000 in investment to selected early-stage teams. This program aims to support innovative projects in the crypto space and includes eight weeks of mentorship, culminating in a Demo Day in New York City. This could significantly impact the landscape for new startups in the cryptocurrency sector, enhancing their potential for success. For more details, check out the official announcement here. Breaking It Down The Base Batches 004 program is a timely initiative aimed at fostering innovation among early-stage teams…

Bitcoin’s miner-linked over-the-counter [OTC] balances continue shrinking. That means – fewer coins remain available for large private transactions. Since November 2021, holdings have dropped from 500,000 $BTC to 139,700 $BTC, a decline of nearly 72%. Miners drew down their inventory over time without meaningfully rebuilding it after the 2024 halving. Source: CryptoQuant As a result, OTC supply tightened while miner-to-exchange flows declined. Naturally, it suggested lower visible selling pressure on Bitcoin. Meanwhile, Bitcoin’s [$BTC] price has advanced despite declining OTC inventories, highlighting stronger demand against a shrinking pool of available supply. Yet, if institutions and whales continue accumulating under these…

The UAE is becoming a leader in the stablecoin market because it has clear regulations, institutional support, and a plan to use both dollar- and dirham-backed stablecoins, according to Arthur D. Little. Mohammad Nikkar of Arthur D. Little told Coin Edition that the UAE is taking a different approach from many other countries. Instead of making dollar stablecoins and local-currency stablecoins compete, the UAE sees them as serving different purposes. Three things give the UAE an advantage: It introduced stablecoin regulations early. It created a system where dollar and dirham stablecoins can work side by side. Large financial institutions supported…

The $XRP Ledger’s million-plus token cohort just printed a quiet accumulation signal that directly clashes with the token’s slumping valuation. According to the Santiment update, wallets holding at least one million $XRP collectively grew by 32 addresses over a three-month stretch. During that same window, $XRP’s market capitalization contracted by 29%—a divergence that suggests selling pressure was met with sustained demand from wealthy addresses rather than broad exit liquidity. The data complicates the straightforward narrative of a summer price slide. Instead of capitulation among large-scale holders, the cohort expanded. That pattern often maps to distribution logic where panic sellers hand…