Author: NBTC

Circle president Heath Tarbert told Congress on Sept. 2 that placing digital-dollar infrastructure under US rules could reinforce the network effects that support the currency’s global role. The testimony framed stablecoin and digital asset legislation as a tool of dollar statecraft. US rules can strengthen private dollar-token rails, while official reserve share remains a separate contest. Regulated stablecoins can spread private use of dollar-denominated tokens, change how issuers hold reserves, and add demand for short-term Treasuries. Central banks remain responsible for deciding which currencies they hold. Tarbert acknowledged the boundary, arguing that payment technology cannot substitute for sound economic policy…

Bitcoin has fallen by 1.4% in the last 24 hours, dropping to around $62,000. This has also affected altcoins, with other major altcoins like Ethereum and XRP also showing a decline. According to CoinMarketCap data, Velvet (VELVET) was the top-performing altcoin in the last 24 hours with a 38% gain. It was followed by Ether.fi (ETHFI), Cosmos (ATOM), and MemeCore (M). In contrast, altcoins such as Venice Token (VVV), LayerZero (ZRO), and Lighter (LIT) were among the biggest losers. While the altcoin market experienced both rises and falls, whale activity continued. According to Lookonchain, a cryptocurrency analysis platform, a whale…

The U.S. Justice Department seized more than $560,000 in cryptocurrency linked to Hamas as authorities moved to disrupt the group’s fundraising operations. According to a September 1 announcement by the DOJ and FBI, authorities also took control of websites, domains and servers they say were used to collect and transfer funds for Hamas and its military wing, the Al-Qassam Brigades. The action adds to U.S. efforts to cut off cryptocurrency channels authorities say the group used to raise money. FBI Traces Crypto Donations Investigators traced cryptocurrency through wallet addresses that were changed to make donation flows harder to follow. Court…

Singapore-based financial services group DBS and American financial services giant Citi completed the first weekend tokenized cross-border payment between Singapore and the US on Saturday. The two companies executed the transaction using tokenized deposits via the Swift Digital Ledger to bypass the constraints of traditional banking hours, DBS announced on Monday. The deposit was finalized in minutes, which DBS called a “significant improvement” from the industry norm of as long as two business days for traditional cross-border transfers. The transaction demonstrates how traditional banks are exploring blockchain rails for more efficient cross-border transactions while aiming to keep deposits inside banking…

The crypto market has increasingly followed U.S. macroeconomic conditions, often falling alongside equities during periods of tightening liquidity. That relationship now faces another test from the U.S. 30-year Treasury yield. The yield reached 5.16%, raising concerns about borrowing costs and the returns investors demand from risk assets. Why does the 30-year yield matter? The U.S. 30-year Treasury yield crossed 5% on the 7th of July and remained above it for 16 days. According to The Kobeissi Letter, this marked its longest sustained stretch above 5% since 2007. Source: TradingView Long-term yields reflect several forces, including inflation expectations, Treasury supply, fiscal…

Arbitrum has launched its Open House initiative, designed to support builders in the DeFi ecosystem. This program aims to help teams like xLiquida refine their products and connect with venture capital. By facilitating access to resources and a collaborative environment, Arbitrum is positioning itself as a key player in innovation within decentralized finance. You can find more details in the official tweet. Inside the Move In the midst of a mixed crypto market, Arbitrum’s Open House initiative stands out as a proactive measure to encourage development within its ecosystem. The program recently welcomed teams like xLiquida, which aims to enhance…

On September 2, U.S. investor demand for cryptocurrency ETFs was clearly divided, with Bitcoin drawing in new investment, while Ethereum, $XRP, and Solana products all saw daily net outflows. Surge of spot ETF inflows The most recent ETF data shows that during the session, Bitcoin spot ETFs saw net inflows of $101.15 million. As a result, their total net assets increased to $97.22 billion, while their cumulative net inflows reached about $54.73 billion. Additionally, daily trading volume for Bitcoin ETFs was approximately $1.73 billion, significantly higher than that of any other category of cryptocurrency ETF. $XRP/USDT Chart by TradingView The…

The Shiba Inu community was caught off guard after Shibariumscan displayed a dramatic decline in Shibarium’s cumulative network statistics. As of August 10, 2026, Shibariumscan showed that Shibarium, Shiba Inu’s Layer-2 blockchain, had processed 1,561,410,803 (1.56 billion) transactions since its launch in August 2023. The network had recorded about 269.93 million addresses and 18.47 million blocks at the time of that reporting. However, those figures changed dramatically this week. At press time, Shibariumscan showed just 475,388,775 transactions, representing a 69.55% decline from the previously reported figure. Meanwhile, the explorer also recorded sharp declines in other cumulative metrics. Total addresses fell…

An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at least one candidate in Tuesday’s primary in Massachusetts. According to Federal Election Commission (FEC) records as of Tuesday, the Protect Progress PAC, a Fairshake affiliate, spent just over $189,000 on media to support Representative Jake Auchincloss running for reelection in Massachusetts’ 4th congressional district. Some of the funds, according to Democratic candidate Jason Poulos, were used to create “AI-generated slop mailers” supporting Auchincloss ahead of the Massachusetts primary, scheduled for…

The massive $XRP price rally seen last month was accompanied by a sharp rebound in its trading activities across all major exchanges, driving a notable surge in its spot trading volume during the month. While August has marked the best-performing month for all major cryptocurrencies, including Bitcoin and $XRP, in 2026, the latest data from crypto analytics platform CryptoQuant showed liquidity massively returning to the token during the period. $XRP spot trading reclaims February highs The data showed that Binance saw the highest activity surge, with $XRP’s spot trading volume in August climbing to over $7.26 billion on Binance alone.…