Author: NBTC

Crypto custody firm Copper is exploring a potential sale at a valuation of roughly $500 million, according to people familiar with the matter, marking a significant strategic shift for the London-based digital asset infrastructure provider. Investment bank Cantor Fitzgerald has reportedly been appointed to advise on the process, as Copper weighs interest from potential buyers seeking exposure to institutional crypto trading infrastructure. The possible transaction comes after Copper spent the past two years restructuring its business around ClearLoop, its off-exchange settlement network designed for institutional cryptocurrency trading firms. The company shut down its enterprise custody division in 2023 to concentrate…

In brief Individuals and entities tied to the trafficking of fentanyl were added to the OFAC sanctions list. Some members allegedly turned cash into crypto before sending it to the Sinaloa Cartel. Six Ethereum addresses connected to the individuals were also added to the sanctions list. The U.S. Treasury added individuals and entities from two separate networks tied to the Sinaloa Cartel and its crypto-facilitated fentanyl trafficking operations, it announced on Wednesday. The sanctions stem from a coordinated effort led by the Homeland Security Task Force (HSTF) with help from the Drug Enforcement Agency (DEA). “As President Trump has made…

“What equities would you like to trade?” Ostium asked its community on Tuesday as it announced becoming the first onchain trading venue to offer equity perpetuals trading powered by Nasdaq data. “Access to U.S. markets has historically been fragmented, permissioned, broker-gated, and limited by geography,” the decentralized exchange (DEX) said in a post on LinkedIn. “Traders worldwide can now gain exposure to U.S. equities on Ostium with the benefits of blockchain rails: transparency, instant-settlement, and self custody.” It added that the tie-up will help unlock access to global financial markets and boost liquidity on the platform. It is worth noting…

Bitcoin is testing a key recovery zone after losing the 3-day 200 SMA, while bulls try to hold the reclaim of the 50 SMA. The short-term chart points to $78,600 as the next breakout level, but the move still needs stronger confirmation. Bitcoin 3-Day Chart Flashes Key Test After 200 SMA Loss Bitcoin is trading near $77,725 on the 3-day chart, sitting just above the 50 SMA at $76,635 but still below the 200 SMA at $92,915. The chart shared by Super฿ro shows $BTC trying to reclaim short-term trend support after losing the longer-term moving average. The main point is…

A crypto analyst has shared a new report from Etherealize, a leading crypto research firm, which projects how high the Ethereum price could reach if its market capitalization were to match that of gold. The expert believes that, beyond price action, the Ethereum network could also evolve into a global settlement layer, further solidifying its position in the crypto space. Taken together, these developments paint a strong bullish outlook for the cryptocurrency, even amid the recent volatility and price declines that have weighed on the market. Digital Oil, a pseudonymous analyst and investor, is making a bold long-term case, arguing…

Bitcoin hardware wallet maker Foundation has raised $6.4 million in new funding led by Fulgur Ventures as it pushes beyond self-custody into identity, authentication and AI agent authorization. Bitcoin (BTC) hardware wallet manufacturer Foundation has closed a $6.4 million funding round led by Fulgur Ventures, with participation from Arche Capital and other investors, as the company looks to expand from self-custody into broader digital security use cases including identity, multi-factor authentication and AI agent authorization. The company said the financing brings total funding to $16.5 million, though it did not disclose its valuation or the round structure. The raise lands…

$XRP and $RLUSD were described as serving separate $XRP Ledger roles, with $XRP routing trades and $RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described $XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and compliance obligations. Key Takeaways: Evernorth says $XRP supports routing across $XRP Ledger assets without direct counterparties. $RLUSD provides dollar stability, but issuer controls may limit universal routing use. Expanding on-chain finance may require both stablecoins and neutral bridge assets. $XRP Ledger Routing Structure Separates $XRP From $RLUSD As tokenized finance expands across blockchains, Evernorth argued that $XRP…

Hester Peirce, a two-term commissioner at the US Securities and Exchange Commission (SEC), head of the agency’s crypto task force and known to many as “Crypto Mom,” will join the Regent University School of Law as faculty. In a Tuesday notice from Regent University, the law school said that Peirce would join as an associate professor starting in November. Her term at the SEC officially expired in June 2025, but commissioners “may continue to serve up to approximately 18 months after terms expire if they are not replaced before then,” according to the agency. She joined the SEC in January…

Cardano Foundation has announced a new payment solution for users in Japan. According to a statement from the foundation, the “Cardano Card,” developed in partnership with EMURGO, SecondFi, and Slash, will soon be launched in Japan. This new card solution will allow users to spend their stablecoins on the country’s daily payment networks. EMURGO CEO Phillip Pon highlighted Cardano’s historical ties to Japan, stating that they have long aimed to enable Japanese ADA investors to do more than simply hold and stake tokens. Pon emphasized that Japan’s clear regulatory framework and advanced digital payment culture make it strategically important for…

Ethereum price started a recovery wave above the $2,110 zone. $ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,110 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Eyes Recovery Ethereum price remained bid above the $2,065 support zone, like Bitcoin. $ETH price formed…