Author: NBTC

In the midst of fluctuating market conditions, Bitcoin currently holds a price close to $65,000, reflecting a period of stability after recent turbulence. The digital currency, although hovering below its usual levels when assessed through its historical valuation indicators, suggests potential for upward momentum. A key measure, the MVRV Z-Score, presently registers at 0.42, significantly beneath the long-term standard of 1.7. Where does Bitcoin stand in market value? Bitcoin’s current valuation falls short of historical norms, as demonstrated by the MVRV Z-Score, which offers insights into the relationship between its market capitalization and its realized values. This metric aids traders…

Rakuten Wallet did not add $XRP spot trading in isolation. According to senior analyst Yasuo Matsuda, the move reflects a specific theory the exchange has been building toward: that crypto payments have been stuck for years behind two unsolved problems, and that solving both together, not separately, is what finally makes real-world settlement viable. The two-part problem Rakuten says crypto had to solve Matsuda traced the issue back to Bitcoin’s original premise: cross-border settlement without financial intermediaries. That premise ran into two practical walls. Transaction processing was too slow for real commerce, and price volatility made holding crypto for even…

ZKsync has announced significant security upgrades for its Boojum and EraVM chains. Over the next six months, these chains will begin deprecating their legacy execution environments, requiring user action as individual timelines are communicated. This move highlights ZKsync’s commitment to improving security protocols and enhancing user trust in its platforms. More details can be found in their official announcement. The Latest The broader crypto market is currently showing mixed signals, but ZKsync’s announcement stands out as a proactive step towards enhancing security. The upcoming deprecation of legacy execution environments indicates a shift towards more efficient systems, aligning with industry trends…

After nearly 3,080 Bitcoin [$BTC] left Kraken, attention has shifted back to whale accumulation. The two transfers included 1,265 $BTC worth approximately $81.3 million and 1,815 $BTC valued at about $116.6 million, bringing the combined value close to $198 million. Rather than signaling imminent selling, the movements pointed toward coins leaving an exchange for unknown wallets. Such a pattern often reflects long-term holding instead of immediate distribution. However, the transfers arrived while Bitcoin traded within a well-defined recovery structure, making the timing especially notable. Investors also viewed the withdrawals alongside broader on-chain indicators instead of treating them as isolated events.…

A Solana whale address that had remained inactive for nearly two years has resurfaced, purchasing 47,535 $SOL worth approximately $3.6 million, according to blockchain tracking platform Lookonchain. The transaction marks a notable return for an investor who previously capitalized on Solana’s price swings in 2023. Whale’s Historical Trading Pattern Lookonchain data reveals that the wallet, identified by the prefix GvHYQQ, accumulated a total of 291,790 $SOL during market downturns in August and October 2023, when the average price was $23.37. During the subsequent rally, the whale sold 191,789 $SOL at an average price of $128.36, realizing profits exceeding $20 million.…

Cantor Fitzgerald is building Wall Street-style trading infrastructure around prediction markets. The financial services firm said Wednesday that it plans to offer its roughly 3,000 institutional clients access to prediction markets trading on Kalshi, making it one of the first full-service investment banks to give institutional clients access to block trades in event contracts on a CFTC-regulated exchange. Kalshi’s market maker Susquehanna International Group will provide pricing and liquidity, the company said in a statement, while Cantor will be the acting broker, helping clients arrange and execute the trades. “Prediction markets are growing rapidly, but institutional participation has not kept…

Spiko Finance is making waves in the blockchain space, reporting close to $2 billion in assets under management. The platform, which operates on Solana, has attracted 5,000 users, with hundreds of daily subscriptions and redemptions. This growth underscores the rising institutional interest in blockchain technology, particularly in cash management solutions. More details can be found in the Solana Foundation’s tweet. The Key Development The current landscape of the crypto market shows mixed signals, yet Spiko Finance’s recent announcement highlights a positive trend for Solana. With a reported $2 billion in assets, the company has seen a surge in user engagement,…

On Sunday, July 26, Michael Saylor posted Strategy’s Bitcoin purchase chart to X. The caption said, “We’re gonna need another color.” It was his fifth such post since the company’s last disclosed Bitcoin purchase on June 22. MSTR trades as a leveraged proxy for Saylor’s Bitcoin buying, and dozens of treasury companies copied his model. For the first time in two years, Strategy has gone four weeks without adding a single coin to its portfolio. Saylor’s Sunday chart stops signaling Monday Bitcoin buys For years, a Sunday night Saylor chart was a reliable predictor of an 8-K filing on Monday.…

Crypto airdrops in week 33: the deadlines running right now Airdrops are rarely what the marketing suggests. Most campaigns hand out small amounts, many windows close quietly, and a substantial share of the allocated tokens is never claimed. That is exactly why a sober look at what is actually scheduled pays off. This overview lists five airdrops that either have a claim window open this week or a start date confirmed for the next 14 days. Every detail comes from the source linked in each case. Unconfirmed rumours about future distributions are left out. The airdrop dates at a glance…

The transfer “shows how digital money issued by banks can be interoperable across banks and other financial institutions while maintaining the integrity and regulatory oversight of the existing financial ecosystem,” Lewis Sun, head of digital currencies at HSBC, said in a statement. Sun said that for companies like HSBC, the pilot is about demonstrating how real-world challenges can be solved, including moving money around the globe, increasing cash visibility and reducing cross-border transaction issues related to legacy systems. Swift’s core infrastructure has not changed in 30 to 40 years, according to Naveen Mallela, who leads digital assets at Standard Chartered.…