Author: NBTC

Standard Chartered’s global head of digital assets research said on Thursday that the $100 end-2030 price target he set for $UNI in June may be too low, citing the rate at which Uniswap is now burning tokens with fees earned on Robinhood Chain. The burn rate Geoff Kendrick is extrapolating from is 17 days old, and most of it comes from a chain that launched on Jul. 1. Uniswap’s fee income has become concentrated in a single venue faster than any of the bank’s 2030 assumptions about tokenized assets moving on-chain have been tested. Two-Point-Four Times Uniswap protocol revenue averaged…

A $16.3 billion U.S. pension fund has increased its exposure to Bitcoin through a larger investment in Strategy, the business intelligence firm widely known for building the world’s largest corporate Bitcoin treasury. The Louisiana State Employees’ Retirement System has boosted its holdings of Strategy’s stock (MSTR) to 21,300 shares, representing a position worth approximately $2.13 million, according to data shared by BitcoinTreasuries.NET. The move marks another step in the growing trend of institutional investors gaining indirect exposure to Bitcoin through companies that hold the cryptocurrency on their balance sheets. Initial Bitcoin bet The Louisiana retirement fund first entered the Strategy…

On August 31, 2026, the Ministry of Statistics and Programme Implementation (MoSPI) reported that India’s real GDP grew by 7.8% year-on-year (YOY) in the first quarter (April–June) of fiscal year 2027, beating both the Reserve Bank of India’s (RBI) 7% projection and general market forecasts of 7.1%. However, former finance secretary Subhash Chandra Garg on September 1, 2026, claimed that the actual GDP growth was closer to 2.6% YOY. For Indian investors and crypto traders, the real question is whether the economy’s reported growth is translating into household income, consumption and market liquidity. 7.8% Real GDP vs 10.3% Nominal GDP:…

On-chain analytics platform Bubblemaps has issued a warning about the TikTok-promoted memecoin XST, revealing that 74% of its total token supply is concentrated in a small cluster of addresses. This level of centralization is a hallmark of potential rug-pull schemes, where developers or early holders can abruptly drain liquidity, leaving retail investors with worthless tokens. What Bubblemaps Found Bubblemaps, known for its visualizations of token distribution, identified that a significant portion of XST’s supply is held by a few wallets, which can be coordinated to manipulate the market. The platform’s analysis suggests that these addresses may belong to the project’s…

Ethena Pay is taking steps to make cryptocurrency more accessible by simplifying user interactions with digital assets. According to a recent tweet by @gdog97_, the initiative recognizes that not everyone is comfortable setting up wallets like MetaMask or Phantom. By integrating crypto into familiar applications, Ethena Pay seeks to facilitate broader consumer engagement with the technology. You can read more about it in this tweet. What Happened The current crypto market is characterized by mixed signals, with various projects vying for user attention. Ethena Pay stands out by proposing a model that abstracts the complexities of cryptocurrency, making it easier…

HIVE Digital Technologies said its Bitcoin-mining and GPU-cloud businesses generated more than $1 million in combined average daily revenue from Aug. 21 through Sept. 10, quantifying how much its AI pivot contributes to current operations. GPU cloud produced about $100,000 a day over the period, according to HIVE’s Sept. 10 update. That means the AI business is generating operating revenue, but it accounted for less than roughly 10% of the reported total. Bitcoin mining supplied more than nine-tenths. Infographic shows HIVE averaging more than $1 million in daily revenue, with 90% from Bitcoin mining and 10% from GPU cloud services.…

Bitcoin prices fluctuated close to $65,000 on Wednesday, July 22, as analysts pointed out key technical levels that traders should monitor. The world’s largest digital currency by total market value fell to as little as $65,484.00, according to Coinbase data from TradingView. At this point, the cryptocurrency had fallen close to 50% from the all-time high of more than $125,000 it reached in October 2025, a price reported by Reuters. As the digital asset traded near the $65,000 level, several analysts highlighted key technical levels that short-term traders should watch. Maxime Seiler, cofounder and CEO of STS Digital, offered some…

The Federal Reserve’s latest Beige Book report revealed that economic activity has generally seen moderate growth since early July, but concerns about energy prices, policy uncertainties, and international conflicts have increased. According to the report, economic activity grew slightly to moderately in 10 of the Fed’s 12 regions, while two regions saw no significant change. Although consumer spending saw limited growth, it was noted that consumers have become more sensitive to prices. While spending by the upper income group remained strong, automobile sales were under pressure due to weak consumer confidence, high oil prices, and rising financing costs. Manufacturing showed…

$XRP, the native token of the $XRP Ledger, has attracted renewed attention from institutional investors, despite recently marking its lowest daily close amid sharp price declines. New data indicates that funds offering $XRP exchange-traded fund (ETF) products have continued accumulating the digital asset, locking significant amounts out of general circulation. $XRP ETF accumulation surpasses 990 million The most recent figures from an ETF tracker show that seven $XRP ETFs have collectively secured approximately 992.5 million $XRP as of Thursday, August 13. This accumulation comes during a period marked by heightened volatility and a persistent downtrend in $XRP’s market price. Asset…

Public financial companies are significantly adopting Bitcoin ($BTC), with 1,201,521 $BTC (nearly $79.02B) in total holdings of the top 151 firms. This marks a notable landmark in the inclusion of digital assets within conventional finance, as Bitcoin dominates 5.72% of public companies’ holdings. As per the data from Phoenix Group, Strategy, Twenty One Capital, and Marathon Digital Holdings are the top public entities in line with Bitcoin ($BTC) holdings. Additionally, the other names on the list include Metaplanet, Bullish, Strive, Galaxy Digital Holdings, Hut 8 Corp, Riot Platforms, and Coinbase. BITCOIN HOLDINGS BY PUBLIC COMPANIES Public companies continue to expand…