Author: NBTC

An unknown $XRP whale, who controls large amounts of the token, is bringing renewed attention to the $XRP distribution table. Notably, this unidentified whale is making the rounds for its large yet quiet $XRP holdings. Currently, it sits in the second position in the $XRP distribution table, just below Bithumb by a small margin. Key Points An unidentified whale is making the rounds for its large yet quiet $XRP holdings. This wallet was activated with 10 $XRP on December 1, 2024, by the address “rLD5k3.” The whale, “rJ9Ey7H,” holds 1.80 billion $XRP, accounting for 1.8% of the asset’s maximum supply…

President Donald Trump’s recent public support for giving the Commodity Futures Trading Commission (CFTC) exclusive authority over prediction markets is unlikely to alter the trajectory of the ongoing legal battle, according to a new analysis from TD Cowen. The report, cited by The Block, suggests that the jurisdictional fight over prediction markets and sports betting is more likely to be resolved by the U.S. Supreme Court than by executive preference. Background of the dispute The legal conflict centers on which federal or state agency holds the primary authority to regulate prediction markets, which allow users to bet on the outcomes…

Digital trading platform Moomoo said Thursday it had partnered with prediction market operator Kalshi to bring CFTC-regulated event contracts to eligible users, allowing them to trade on the outcomes of major economic, political and cultural events directly through the brokerage’s platform. The offering gives users access to contracts linked to events such as Federal Reserve interest-rate decisions, inflation data releases, elections and the 2026 FIFA World Cup, the New York-based company said in a press release. Event contracts are exchange-listed derivatives that allow traders to take positions on whether a specific outcome will occur. Prices range from $0.01 to $1…

Aster Chain is a purpose-built Layer 1 blockchain designed for on-chain derivatives trading. Its mainnet launched in March 2026, giving the Aster perpetual exchange its own independent infrastructure after years of operating on $BNB Chain. The protocol uses zero-knowledge (ZK) encryption and a Central Limit Order Book (CLOB) model so that traders can open high-leverage positions without broadcasting their order details to other market participants. What Is Aster and Where Did It Come From? Aster was formed in late 2024 through the merger of two separate DeFi projects: Astherus, a yield and liquidity protocol, and APX Finance, a decentralized perpetual…

Bitcoin price started a fresh decline below the $76,800 zone. $BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $77,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the $BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,200 and $77,500 levels. Bitcoin Price Consolidates Losses Bitcoin price failed to stay above the $77,200 support zone. $BTC remained in a bearish…

Bitcoin is testing its 200-day moving average at $82,000, driven by recent massive cash inflows and increased interest from global financial giants. Prominent figures in the financial world, participating in “The Wolf of All Streets,” analyzed the moves of giants like BlackRock, Apollo, and MicroStrategy, offering crucial predictions about the market’s future. Dave Weisberger, former CEO of CoinRoutes, stated that the underlying reason for the market rally is “the construction of institutional infrastructure.” Weisberger, particularly highlighting the significance of Circle’s token presale being backed by giants like BlackRock and Apollo, argued that an era has begun where economic value can…

Cardano is now integrated into Scorechain’s compliance and investigation platform. The update adds support for $ADA and Cardano native tokens across risk scoring, entity attribution, and transaction monitoring. Scorechain said teams can now monitor, analyze, and investigate Cardano transactions in the same workflow used for other major blockchains. According to the announcement, the integration supports exchanges, custodians, financial platforms, and other teams working across several networks. Scorechain said the integration was built for Cardano’s UTXO transaction model. This model differs from account-based chains because value can move through several inputs and outputs in one transaction. The company said its analytics…

The White House has initiated a formal review of a regulatory proposal from the U.S. Commodity Futures Trading Commission (CFTC) that could reshape the legal framework for prediction markets in the United States. The Office of Information and Regulatory Affairs (OIRA) received the CFTC’s proposed rules concerning event contracts on May 27, according to reporting from The Block, marking a critical step in the federal rulemaking process. What the CFTC Proposal Entails The CFTC’s proposed rulemaking focuses on event contracts—financial instruments that allow traders to speculate on the outcome of future events, such as election results, economic indicators, or sports…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced an integration with Western Union that makes it the first major crypto exchange to join Western Union’s global USDPT network. Users can now access USDPT, a US dollar-denominated stablecoin issued by Anchorage Digital Bank, N.A., on the Solana blockchain, via Bybit’s fiat channels. USDPT is redeemable 1:1 for US dollars and fully backed by reserves. It is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union’s global compliance, risk, and distribution capabilities. The integration initially launches across selected markets in Latin America, where users can…

The Hong Kong Monetary Authority (HKMA) has officially launched a dedicated task force to accelerate the development of bond tokenization in the region. The initiative brings together a broad spectrum of industry participants, including financial institutions, legal advisory firms, industry associations, and providers of financial infrastructure and technology. Building on Prior Work in Digital Bond Markets The task force is not starting from scratch. It builds directly on the HKMA’s previous experimental and pilot projects in bond tokenization, which have already tested the issuance and settlement of digital bonds using distributed ledger technology. By formalizing a working group, the central…