Author: NBTC

Ethereum breaks $4,000 with institutional buying power driving growth beyond past retail-driven cycles. Crypto trader predicts ETH could reach $10,000 soon as current market risk remains low. Corporate treasuries now competing for 5–10% of total ETH supply, boosting demand significantly. Ethereum (ETH) has surged past the $4,000 mark for the first time since December last year. This time, the push is being fueled not just by retail traders, but also by large institutional investors shifting their treasuries toward Ethereum. Well-known Crypto trader Aaron Bennett believe ETH’s breakout has stronger foundations than in past cycles as he predict ETH to hit…

D2X, an Amsterdam-based crypto derivatives exchange designed for institutional investors, has raised 4.3 million euro ($5 million) in a strategic funding round. Circle Ventures, CMT Digital and Canton Ventures joined the raise as strategic investors, alongside the renewed backing of Point72 Ventures, Tioga Capital, GSR, and Fortino Capital. Licensed under the EU’s MiFID II framework as a Multilateral Trading Facility (MTF), D2X claims to be the first regulated crypto derivatives exchange in a Tier-1 jurisdiction operating seven days a week. The firm recently launched USD-denominated bitcoin and ether (ETH) futures, with options on both assets expected soon.The crypto derivatives space…

The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a staff statement on August 5, 2025, addressing certain liquid staking activities, marking a key follow-up to its May 29, 2025 Protocol Staking Statement. Read the full statement here. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. What the Statement Covers The statement expands on Protocol Staking by clarifying the treatment of liquid staking, where depositors receive a one-for-one Staking Receipt Token (SRT) in exchange for staking Covered Crypto Assets with a third-party service provider or protocol-based arrangement. The staff takes the position…

Are you an Upbit user with Scroll (SCR) holdings? Then you need to pay close attention to a recent Upbit announcement that directly impacts your digital assets. South Korean crypto exchange Upbit has revealed plans for a temporary Upbit Scroll suspension of deposits and withdrawals, a move essential for the upcoming Scroll network upgrade. This isn’t just a minor technicality; it’s a crucial step to ensure the blockchain’s future stability and performance. Why is Upbit Suspending SCR Deposits and Withdrawals? Upbit, a leading South Korean crypto exchange, officially stated on its website that it will temporarily halt SCR deposits and…

The tokenized stocks make up just 0.0003 percent of the worldwide equity. There are over 125 trillion public equity market assets in the world. By comparison, the tokenized equities remain valued at hundreds of millions only. One of the most popular hosts of such assets is BNB Chain. The total value locked (TVL) of tokenized stocks on BNB chain is at approximately 370 million. Daily trading volume of the chain hovers around $134 million, which shows an early, but rising, interest. It is estimated that even with only 0.002 percent of the total global equity value in keys in the…

The cryptocurrency space is a compelling industry that tends to prove many doubters wrong, even veterans and seasoned participants such as BitMEX’s co-founder, Arthur Hayes. As reported last week, the current Maelstrom exec sold a big portion of his portfolio as he envisioned a more profound market-wide correction was in the making. At the time, Hayes disposed of more than $8 million worth of ETH, alongside some PEPE and ENA holdings. Later on, he owned up to the move, saying that the US Federal Reserve had decided once again not to lower the key interest rates, which was a bearish…

US President Donald Trump has once again intensified public pressure on Fed Chair Jerome Powell to aggressively cut interest rates. Last week, he visited the central bank’s HQ and even toured the Fed’s $2.5 billion renovation site, although Trump claimed that the price had jumped to over $3 billion due to increased restoration costs. The Fed subsequently justified the project, pointing to the aging, almost century-old infrastructure, the necessity of removing hazardous materials, and escalating construction expenses. Also, Powell disputed Trump’s higher figure due to the US President including a previously completed renovation from five years ago. Still, after the visit…

Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as “Operation ChokePoint 2.0.” After President Donald Trump’s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients. However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampell warned…

Major cryptocurrency exchange Binance has announced its decision to go zero fee on certain USDC trading pairs, including those of XRP, Cardano (ADA), BNB and Tron (TRX). In an official release, Binance announced zero maker and taker fees for BNB/USDC, ADA/USDC, TRX/USDC and XRP/USDC for Spot Liquidity Providers as well as the exchange’s VIP 2 – 9 Users. Binance Launches Zero-Fee Promotion on Selected USDC Pairs🔸 Fees: Zero maker and taker fees🔸 Eligibility: VIP 2-9 users and Spot Liquidity Providers🔸 Pairs: $BNB/USDC, $ADA/USDC, $TRX/USDC, and $XRP/USDCFind out more 👉 https://t.co/uB80iLVHHd pic.twitter.com/DXwvGFLJoi — Binance (@binance) August 12, 2025 The recent decision…

Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a press release shared with CoinDesk on Tuesday. Prime brokers converted U.S. Treasuries held at the Depository Trust & Clearing Corporation (DTCC) into tokenized assets on Canton, then used them as collateral for USDC-backed financing. The Canton Network is a privacy-focused blockchain developed by Digital Asset. Institutions involved in the transaction include…