Author: NBTC

Imagine someone who bought $ETH for $1,000, watched it climb to $4,000, and now wants to cash out $1,000. Selling one-quarter of the $ETH would provide the cash, but it would also realize a $750 gain under US tax treatment of digital assets held for investment. However, DeFi offers another way. The owner can deposit the full $ETH into a lending protocol, use it as collateral, and borrow $1,000 in a stablecoin designed to track the dollar. The loan doesn’t count as taxable income, the $ETH keeps its exposure to any future price increase, and the owner now has something…

Ripple is preparing to unlock 1 billion $XRP on September 1, less than two weeks from now, as part of its long-running escrow schedule on the $XRP Ledger. The event comes with $XRP trading near the key $1 level after months of weakness, placing renewed focus on the token’s supply dynamics and potential market impact. The upcoming escrow unlock follows a process that has been in place since late 2017, when Ripple locked 55 billion $XRP into time-based escrow contracts. These contracts release up to 1 billion $XRP at the start of every month. Despite the unlock, Ripple has historically…

$XRP reserves across three top crypto exchanges have declined by roughly 240 million $XRP since late May and early June, according to CryptoQuant author Amr Taha. Despite the decline, South Korean exchanges continue to account for the overwhelming majority of $XRP held across the tracked platforms. Upbit is maintaining a dominant position. Binance $XRP Reserves Fall 3.7% As of August 19, Upbit held approximately 6.40 billion $XRP, down from 6.51 billion $XRP on May 30. That represents a decline of roughly 110 million $XRP, or 1.7%. Bithumb’s $XRP reserves also edged lower, falling from 1.85 billion $XRP on June 2…

Bitcoin’s recovery remains active as analysts watch a breakout above $66,200 for a move toward $69,000 and higher. However, weakening momentum could trigger a liquidity sweep toward $62,000 before buyers attempt another advance. Bitcoin Could Extend Gains for Two Weeks as $66,200 Test Nears Bitcoin may continue climbing for another one to two weeks before forming a local top, according to an Elliott Wave analysis from More Crypto Online. $BTC is approaching its first major resistance near $66,200, with higher retracement targets extending toward $69,100, $72,100 and $76,600. $BTC daily chart. Source: More Crypto Online/TradingView The chart shows Bitcoin recovering…

$NFT trading came roaring back last week, and the numbers tell a story that doesn’t quite line up with what’s happening in the broader crypto market. Data from CryptoSlam, captured on September 5, shows a sharp $NFT sales surge of 55.6%, pushing weekly volume to approximately $75.54 million — up from roughly $48.55 million in the previous seven-day stretch. The twist: fewer trades actually happened, and one blockchain nobody expected suddenly jumped to the top of the leaderboard. Key takeaways $NFT sales climbed 55.6% to about $75.54 million over the past seven days, even as total transactions fell 14.77% to…

The global market for tokenized stocks and bonds is expanding at a remarkable pace, with market capitalization reaching $2.51 billion as of Aug. 4 — a 273.37% increase from $673.01 million at the start of the year, according to a report by Digital Times. While jurisdictions worldwide are embracing blockchain-based capital markets, South Korea remains notably absent from this growth, with no legislative progress on security token offerings (STOs) for standard securities. Global momentum in tokenized securities The surge in tokenized stocks and bonds reflects a broader trend toward digitizing traditional financial assets on distributed ledgers. Major financial hubs, including…

Ripple CTO emeritus David Schwartz disclosed where his $XRP holdings currently stand in response to an X user’s question. The X user had asked Schwartz whether he had sold all of his $XRP and told him to “be honest.” Schwartz revealed that his $XRP holdings have dropped significantly from their peak, saying he now holds about 2 million $XRP. The Ripple CTO emeritus previously claimed that he owned roughly 26 million $XRP at his peak holdings. Now, Schwartz reveals his $XRP holdings have fallen significantly, about 92%, from this high to about 2 million $XRP. “I think I’m down from…

A wallet linked to Hong Kong-based crypto financial services provider Amber Group has withdrawn 200,000 $HYPE tokens from Hyperliquid, valued at approximately $13.83 million, according to blockchain tracking platform Onchain Lens. The transaction, executed five minutes before the report, adds to a series of high-value moves on the derivatives platform as regulatory attention intensifies. Context: Hyperliquid and the CFTC’s Push into Perpetual Futures The withdrawal comes shortly after U.S. President Donald Trump stated that the Commodity Futures Trading Commission (CFTC) is actively working to bring perpetual futures—specifically naming Hyperliquid—into the U.S. market. This marks a significant potential shift in the…

JAN3 CEO Samson Mow has responded to claims that he reversed his position in the ongoing debate over Bitcoin spam and Ordinals, saying his views have remained consistent. The criticism followed comments from market participants who said Mow appeared to have “pivoted” from earlier positions on Bitcoin governance. In a detailed post on X, Mow rejected that claim, stating that he has always opposed spam and Ordinals while also opposing rushed changes to Bitcoin’s consensus rules. “I hate spam and ordinary garbage,” Mow wrote. “I support efforts to limit spam even if it is a cat-and-mouse game.” He added that…

The surge in AI agents’ dominance across the internet is attracting significant attention and raising curiosity among netizens. During the Q2 earnings call on August 6, Cloudflare CFO Thomas Seifert revealed that non-human traffic surpassed human levels in May 2026. This was achieved one year ahead of expectations, and analysts predict AI agents’traffic could hit 1,000 times human volumes in five years. Stablecoins Will Be AI Agents’ Native Money While the propagation of AI agents is not in doubt, how they interact with mainstream structures, particularly regarding transactions, has raised pressing questions among users. One major inquisition is whether stablecoins…