Author: NBTC

In recent hours, global investment manager BlackRock executed an Ethereum transfer that was reported by onchain data tracker Onchain Lens. According to Onchain Lens, BlackRock transferred 8,700 $ETH, worth nearly $15.81 million, to Coinbase Prime. It will not be the first time BlackRock has moved Ethereum and, likewise, Bitcoin to Coinbase Prime; on July 9, BlackRock moved 951.5 $BTC worth $59 million to Coinbase Prime and the IBIT ETF withdrew 883.6 $BTC (worth $54.8 million) from Coinbase Prime on July 8, but this particular $ETH transaction comes with further details. BlackRock moved 8.7K $ETH worth $15.81M from its ETF wallets…

Vanguard has opened the search for a head of digital assets, creating a senior role that would oversee the firm’s strategy for cryptocurrencies and blockchain-based financial technology. The position, listed within Vanguard Personal Wealth, calls for an executive to develop the firm’s digital asset vision, identify business opportunities and lead execution across product, technology, operations, legal and compliance teams. The candidate will also advise senior leadership on changes in digital asset markets, represent Vanguard in discussions with regulators and industry groups and help shape the firm’s long-term approach. It also highlights other areas of the ecosystem, including tokenization, stablecoins, digital…

Ripple CEO Brad Garlinghouse has taken to social media to react to his company securing a historic five-year sponsorship agreement with the University of Kansas. Garlinghouse mentioned his background in a celebratory post. “Rare moment where my professional and personal worlds collide: $XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater,” Garlinghouse stated. A major deal Notably, this is the first time a cryptocurrency company has partnered with a major NCAA Division 1 athletics program. The $XRP cryptocurrency logo will be prominently featured on the jerseys of the Kansas Jayhawks’…

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1 after public consultation. According to local media, the Supreme Court on July 2 published draft amendments to the Rules on Civil Execution to introduce formal procedures for enforcing claims against digital assets. Public comments will be accepted until Aug. 11 before the rules are finalized. Draft rules define seizure and liquidation process The proposal comes as cryptocurrency ownership and trading…

Why Binance Is Combining Growth and Regulation in One Role Binance Africa shared on X on July 6 that it opened a General Manager position for West Africa. The remote, full-time role sits within the company’s Africa business development team. The hire will develop a growth strategy aligned with Binance’s global objectives and local market conditions. Responsibilities include pursuing new business opportunities, leading market entry strategies, and managing cross-functional teams. Regulatory coordination is central to the role. Binance says the General Manager will work with legal teams on local compliance and coordinate documentation and approval processes with regulatory bodies. Why…

Bitcoin remains in deep value territory after trading below two major on-chain cost-basis levels for about five months, according to Glassnode. The firm said $BTC is still below the True Market Mean near $76,600 and the short-term holder cost basis near $72,200. These levels matter because they track the average price paid by active investors and recent buyers. When Bitcoin trades below both, many market participants hold coins at a loss. Glassnode said this phase can support long-term accumulation, but it has not yet confirmed a market bottom. Bitcoin recently bounced from about $58,300 to $64,400. The move showed short-term…

Vitalik’s Single Slot Finality Proposal Puts Ethereum Settlement Speed Back Under The Microscope is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Ethereum’s rollup roadmap gets most of the scaling attention, but finality at the base layer remains one of the network’s most important user-experience questions. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users,…

Tether is investing $20 million in Mercado Bitcoin as part of a strategic financing round, the company announced Tuesday. The move strengthens its commitment to expanding blockchain-based financial infrastructure in Latin America. Mercado Bitcoin, one of the region’s largest regulated digital asset platforms, serves 4.5 million customers and has issued more than R$2 billion in tokenized assets. Tether CEO Paolo Ardoino said the investment reflects confidence in the company’s regulated digital financial platform and its leadership in tokenization and blockchain-based financial services across Latin America. “Tether’s mission is to build open, accessible, and efficient financial infrastructure for the world. Mercado…

A cryptocurrency trader has turned an $838 investment into more than $1 million in just 20 days after backing the rapidly surging Cash Cat ($CASHCAT) memecoin on Robinhood Chain. The trader, identified by wallet address 0xDE4C, purchased 15.04 million $CASHCAT tokens for just $838, roughly three weeks ago. Following the token’s explosive rally, the trader sold 13.5 million $CASHCAT for approximately $917,600 while continuing to hold 1.5 million tokens valued at about $133,700, according to the latest on-chain data retrieved from Lookonchain on July 8. The combined value of realized and unrealized gains pushed the position above $1.05 million, representing…

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a temporary suspension of deposits and withdrawals for Metal (MTL) beginning at 3:00 p.m. UTC on July 8. The scheduled pause is intended to support an upcoming network upgrade and hard fork for the Metal blockchain. Details of the Scheduled Suspension According to Binance’s official announcement, the suspension will affect all MTL deposit and withdrawal services on the platform. The exchange stated that the halt is necessary to accommodate the network’s upgrade and hard fork, which typically requires coordination between node operators, exchanges, and wallet providers to ensure a…