Author: NBTC
As Brazil moves toward stricter crypto regulation, BitGo is making a timely play to become the country’s go-to institutional custodian. By launching a fully regulated subsidiary in São Paulo ahead of potential laws requiring domestic key management, the firm is positioning itself as the default solution for banks and asset managers navigating Brazil’s fast-evolving digital asset landscape. Summary BitGo launched a subsidiary in São Paulo to serve banks and asset managers amid Brazil’s evolving crypto regulations The move aligns with proposed legislation that could mandate domestic key custody for digital assets. On July 25, crypto custody giant BitGo announced the…
Collective Shout issued an open letter to payment processing giants Mastercard, PayPal, and Visa this month to try and convince gaming storefronts to remove titles featuring rape, incest, and child sexual abuse-themed games. In response, Steam and Itch.io broadly delisted or limited “adult” games on their storefronts—many of which do not feature the aforementioned themes. The removals were met with major uproar from gamers, some of whom opined that leaning on crypto to process payments could be a solution for game creators pushed away from traditional platforms. However, Collective Shout has now told Decrypt that it has also “discussed” pressuring…
Michael Saylor, a Bitcoin evangelist and the executive chairman of the largest Bitcoin treasury company, Strategy, has published a tweet, announcing the recent achievement of his BTC-focused venture. In his tweet, Saylor shared the Bitcoin gain generated for the company’s shareholders recently and year-to-date as well. Saylor brags Strategy’s 2025 YTD Bitcoin gains Bitcoin ideologist Saylor announced the Bitcoin yield generated by his company’s Bitcoin treasury operations last week – that was a quarter-to-date one. It constituted 2,485 valued at approximately $291 million for MSTR shareholders. His announcement came as a caption to a table with other data and it…
Cryptocurrency may be easier to buy than ever, but most Americans still want no part of it. A new Gallup survey found that just 14% of U.S. adults own crypto, a figure that has been growing but still represents a small slice of the investing public. The study, conducted in mid-June, revealed deep skepticism about cryptocurrencies. 60% of respondents said they have no interest in ever buying cryptocurrency, and just 17% admitted they’re intrigued. Only 4% of respondents said they plan on buying crypto in the near future. Gallup also found that among U.S. investors owning more than $10,000 in…
Teddy Fusaro, president at Bitwise Invest, has predicted that “everyone” will end up owning Bitcoin in the future. “The only question is whether you choose it early, or it’s chosen for you later,” he said. This comes in response to a recent Bloomberg report about anti-crypto financial giant Vanguard Group being the largest holder of Strategy (MSTR). Despite its aversion to the leading cryptocurrency, the Pennsylvania-based financial giant is indirectly benefiting from Bitcoin’s recent record-breaking rally. Vanguard has such massive Strategy holdings due to its index-tracking funds that automatically include Saylor’s controversial company. How far has Bitcoin adoption progressed? Overall,…
South Korea is experiencing a notable turning point in the digital sector as a result of an exclusive bill. As per the data from CoinRank, the proposal of a new stablecoin bill by South Korea’s ruling party has triggered significant tension between the policymakers and the Bank of Korea. The crypto and blockchain news platform mentioned in a social media post that the landmark bill is a game-changer for South Korea’s digital economy. In addition to this, the respective move also highlights the growing acceptance of the blockchain in the mainstream economic world. https://twitter.com/CoinRank_io/status/1949452881444171983?t=sKjaUPsz3u2ww2GRr_6O2w&s=19 South Korean Ruling Party Gets Backlash…
Jeremie Davinci, one of Bitcoin’s longest-standing evangelists, just revealed a figure that stands out: $500,000. That is where he sees the Bitcoin price heading before the end of the decade. The timing is curious. BTC recently pulled back from highs of $123,000 and is now trading under $117,000, marking a 2.4% daily drop. The pullback has not shaken Davinci’s outlook. Instead, he is doubling down with not just a price prediction but also a generational pitch. In his words, buying Bitcoin is not just about returns. It is about “securing your bloodline.” Hold it, never sell it and borrow against…
Crypto microloans are experiencing a dramatic resurgence, fueled by a broader revival in digital asset markets closely tied to US President Donald Trump’s pro-crypto stance. Three years after a devastating market crash triggered a wave of bankruptcies across the crypto lending sector, a new crop of startups is aggressively re-entering the space. They possess unsecured, tech-driven lending models — and no collateral required. These ventures are riding a wave of investor optimism reignited by Trump’s pro-crypto agenda and the sharp rebound in the broader crypto market. At the forefront is Divine Research, a San Francisco-based firm that has issued more…
In a significant move that underscores the growing confidence of traditional finance in the digital asset space, Nasdaq-listed Hilbert Group has announced a substantial increase in its Bitcoin (BTC) holdings. This development isn’t just another headline; it’s a powerful indicator of how established financial entities are strategically integrating cryptocurrencies into their portfolios. Let’s delve into what this means for the market and the future of institutional engagement with Bitcoin. What Does This Strategic Bitcoin Acquisition Mean for Hilbert Group? The news, initially shared by @btcNLNico on X, reveals that Hilbert Group, a prominent digital asset investment firm listed on Nasdaq,…
San Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform World ID to verify borrowers. Divine offers loans under $1,000 in the USDC (USDC) stablecoin, mainly to overseas borrowers underserved by traditional finance. It uses World ID to ensure users cannot open multiple accounts after defaulting. “We’re loaning to average folks like high-school teachers, fruit vendors . . . basically anyone with access to the internet can get access to our funds,” Divine founder Diego Estevez told the Financial Times. “This is microfinance on steroids.” Interest rates range from 20% to 30%,…