Author: NBTC

Singapore-based Trident Digital (TDTH) is looking to raise up to $500 million to build what it says will be one of the world’s first corporate treasuries centered around XRP. The listed tech firm, which on Nasdaq, said in a press release that the fundraise will support long-term XRP holdings, yield-generating strategies via staking, and deeper involvement in Ripple’s ecosystem through partnerships with infrastructure and application developers. Trident plans to deploy the treasury in the second half of 2025, pending regulatory clarity. U.S.-based Chaince Securities will serve as strategic advisor on the initiative, which will be backed by a mix of…

Polkadot is enjoying a renaissance with its protocol ticking over smoothly thanks to the 2.0 upgrade. Faster, more feature-rich, and interoperable than ever, Polkadot is experiencing a second wind, the network now blessed with a better idea of what it stands for and what it’s capable of achieving. While Gavin Wood’s JAM proposal has been the catalyst for this, it hasn’t occurred in a vacuum. Polkadot projects also deserve credit for making the network great again.Across its parachains, the activity that for a long time felt slow and steady, with no real deliverables to show for it, has been replaced…

Robinhood is making its biggest bet on crypto yet, announcing on Monday that it’s developing an Ethereum layer-2 scaling network for trading digital representations of assets like stocks, while similar products exist already on competing networks like Solana. For Johann Kerbrat, Robinhood’s crypto general manager, the existence of multiple projects is frustrating. Tokenization becomes less beneficial when a digital version of the same stock is issued across multiple networks beneficial because activity is siloed across ecosystems, he told Decrypt.  “I hate the idea of having a Tesla-Kraken token and a Tesla-Robinhood token,” he said. “Instead of actually moving forward and creating…

Analyst and trader Justin Bennett believes Bitcoin (BTC) has further room to fall after the crypto king broke down. Bennett tells his 115,400 followers on the social media platform X that Bitcoin has a “confirmed break” after falling below a support level at around $106,000. According to Bennett, Bitcoin could fall by up to around 13% from the current level to a price of about $91,790 if BTC loses support levels that are around $100,730 and then $97,762. “Those downside targets are in play as long as $106,000 holds as new resistance on the daily time frame.” Source: Justin Bennett/X…

Ether traded around $2,584.90 on July 3, registering a 0.55% gain over the past 24 hours as risk assets responded positively to robust U.S. labor market data, according to CoinDesk Research’s technical analysis model. The broader crypto market, as gauged by the CoinDesk 20 Index (CD20), was up 0.08% during the same period. According to a report published by CNBC, the latest nonfarm payrolls report showed 147,000 jobs were added in June, beating expectations of 110,000 and exceeding the upwardly revised 144,000 from May. Meanwhile, the unemployment rate fell to 4.1%, defying forecasts for a rise to 4.3%, according to…

GameStop shares plummeted on Thursday after the video game retailer announced that it would offer investors $1.75 billion worth of convertible senior notes, a form of corporate debt that Bitcoin-buying firms like Strategy have tapped to accumulate the asset. The Grapevine, Texas-based firm’s stock price had dropped 22% to $22.12, as of noon Eastern Time, according to Yahoo Finance. GameStop shares changed hands around $25.40 in late March, when the company said that it could start leveraging Bitcoin and other cryptocurrencies as treasury reserve assets after updating its investment policy. In a blog post, GameStop said that proceeds from the…

Crypto analyst Atlas has labeled Pi Network as 2025’s biggest rug pull after a 12 million-token dump crashed Pi’s price by 50%. The anonymous sell-off occurred days after Pi surged to $1.60 on speculation, sparking allegations of insider manipulation. Speculation Fueled Pi Network’s Recent Rally An onchain analyst and critic known as Atlas on X has labeled Pi Network as 2025’s biggest rug pull after an anonymous token holder dumped 12 million tokens in a few hours, which crashed the price by 50%. The analyst said the dump occurred just days after Pi rallied to $1.60 “on pure speculation and…

CARV Protocol, an inclusive Web3 infrastructure platform, has started its unique partnership with Cycle Network, an efficient settlement layer for all blockchains. The partnership underscores a notable milestone in transforming the sovereign AI Beings of CARV Protocol and its custom-built CARV SVM Chain to advance the AI-led digital ecosystems and identities. The platform shared the details of this endeavor in a recent X post. As we scale the CARV SVM Chain and the evolution of AI Beings, we’re excited to explore synergies with @CycleNetwork_GO — a universal all-chain settlement layer incubated by @yzilabs.With this partnership, Cycle Network will enable bridgeless,…

The global crypto market printed red indexes over the past 24 hours as Bitcoin (BTC) tumbled below the $104,000 mark. The BTC slide triggered a massive $687 million in trader liquidations, the biggest wipeout seen since February. The cumulative crypto market cap dropped by over 2% to stand at $3.24 trillion. The sell-off got triggered by US President Donald Trump’s reignition of trade war fears by doubling tariffs on Chinese steel and aluminum to 50%. He accused Beijing of breaking a key May agreement. Trump’s aggressive stance sent shockwaves through global markets, raising concerns over economic fallout. Bitcoin bears eye…

Key catalysts include over $1.17B in June spot ETF inflows, $888M stablecoin growth on Ethereum in a week, and shrinking exchange reserves. Large holders accumulated ETH at the fastest pace since 2017, even during price dips. Ethereum (ETH) price is once again showing strength, gaining 6% in the last 24 hours, moving to $2,600. More importantly, today’s ETH rally is accompanied by a 79% increase in daily trading volumes to $27.58 billion. Furthermore, data from Coinglass shows that ETH futures open interest is up 7.56% to $34.4 billion, highlighting a strong bullish sentiment among traders. After a major 45% crash…