Author: NBTC

As the Japan music Idol event continues to approach, the chairman of SBI Holdings, Yoshitaka Kitao, is seizing the opportunity to boost crypto adoption in the region. Kitao has revealed plans to roll out a new reward campaign that offers crypto rewards, NFTs, and pop culture benefits to fans of the popular event if they apply for the SBI Visa Crypto Card. This has caught the attention of the $XRP community as the incentive program offers card applicants the opportunity to receive $XRP as rewards. $XRP gains spotlight The launch of the $XRP-featured reward campaign comes as the popular 16-member…

Coinbase is adding support for Bittensor’s $TAO token, giving the decentralized AI asset a fresh liquidity boost on one of the most visible U.S.-facing exchanges. TL;DR Coinbase has announced support for Bittensor ($TAO) spot trading. The listing expands access to a leading decentralized AI token. $TAO’s experimental label keeps the risk profile front and centre. The listing lands in a market that still wants exposure to crypto’s AI narrative, even as traders become more selective. Bittensor has remained one of the more serious names in the category because it is built around an incentive network for machine intelligence rather than…

Uniswap Labs asked holders of the $UNI token to approve protocol fees on a portion of Uniswap v4 pools for the next stage of the UNIfication burn program that already runs on 11 chains. The company will hold a snapshot vote that will run for five days beginning July 7 and closing July 12, with a binding on-chain vote to follow the week of July 13. How will Uniswap add v4 to UNIfication? Uniswap Labs opened a snapshot vote today, July 7, asking holders of the $UNI token to add v4 pools to its fee and burn program that already…

Tron (TRX) founder Justin Sun is generating approximately $9.5 million in annual income from staking Ethereum ($ETH) on the liquid staking protocol Lido (LDO), according to a recent report from on-chain analytics firm Onchain Lens. The figure highlights the significant passive income available to large-scale validators in the proof-of-stake ecosystem. Staking Activity and Accumulation Onchain Lens reported that Sun staked an additional 13,000 $ETH, valued at roughly $23.08 million, approximately 23 hours ago. This latest deposit brings his total staked amount on Lido to 247,436 stETH, which is currently worth around $430.20 million. Since February 2023, Sun’s cumulative staking rewards…

Bitcoin pulled back from Sunday highs as renewed military conflict between Iran and Israel sent Asian stocks, including South Korea’s Kospi index, sharply lower. The leading cryptocurrency by market value traded at around $62,900 at 4:00 UTC, having hit a high of $63,776 late Sunday, according to data source CoinDesk. WTI crude oil futures jumped over 3% to $93.50 as Iran and Israel traded airstrikes, ending the recent fragile ceasefire that had calmed energy markets. U.S. President Donald Trump called for restraint and said he has requested Israeli Prime Minister Benjamin Netanyahu “not to retaliate”. “I am going to call…

Despite recent market downturns, IOG CEO and founder Charles Hoskinson maintains that Cardano still has a clear path to success. Speaking during a recent livestream, Hoskinson argued that the network’s long-term future will not depend solely on its protocol or $ADA token. Instead, he emphasized that Cardano’s success ultimately rests on the commitment of its community. According to Hoskinson, the ecosystem remains highly adaptable and can evolve as market conditions change. Cardano Can Reinvent Itself and Continue Growing: Hoskinson Hoskinson stressed that neither Cardano’s technology nor its branding is fixed. He noted that the ecosystem can upgrade its protocol, introduce…

Binance has introduced a product for bitcoin $BTC$63,081.64 holders looking to earn extra yield on their investment without selling any of it, joining the likes of BlackRock in helping them maximize returns. The product, $BTC Yield, is available inside Binance Earn and is designed exclusively for people who already hold bitcoin. Users deposit their bitcoin into the product and receive an internal position called BTCY, which tracks their share in the strategy. Everything remains denominated in $BTC, and the product cannot be funded with stablecoins or other assets. Binance holds the deposited bitcoin as collateral while systematically selling $BTC call…

Hong Kong-listed company CIMG has acquired 208 Bitcoin, valued at approximately $13.5 million, according to a report by Bitcoin Magazine. The purchase adds to a growing trend of publicly traded firms in Asia diversifying corporate treasuries with digital assets. Details of the Acquisition The transaction, executed at an average price of roughly $64,900 per Bitcoin, was disclosed through company filings and confirmed by multiple sources. CIMG, which trades on the Hong Kong Stock Exchange, has not yet publicly detailed its long-term crypto strategy, but the move signals a significant allocation of capital into Bitcoin as a reserve asset. Corporate Bitcoin…

Staking locks your crypto and earns yield. Liquid staking hands you a tradeable receipt for that locked position, so the same capital can earn twice. It is one of DeFi’s largest markets, and it comes with a specific danger most guides skip: the receipt can trade below what it represents. Here is how liquid staking tokens work, and where the risk actually lives. Table of Contents The problem liquid staking solves Two designs: rebasing and value-accruing How the peg holds, and how it breaks How the yield actually stacks The concentration problem The leverage stack, and why it magnifies everything…

Blackstone has capped withdrawals from its flagship private credit fund after investor redemption requests surged in the second quarter. The move highlights liquidity concerns across the private asset industry. The asset management giant limited repurchases from its $79 billion Blackstone Private Credit Fund (BCRED) to 5% of shares. Investors had sought to redeem about 10% of the fund during the quarter. The decision comes only months after BCRED experienced a then-record redemption request rate of 7.9% in the first quarter. That represented roughly $3.8 billion in withdrawal requests. BCRED is a non-traded private credit fund that mainly invests in private…