Author: NBTC

More than $151 million worth of XRP was withdrawn from Binance on June 11, according to on-chain data from CryptoQuant. This dramatic jump in outflows follows a much smaller $23 million recorded the previous day, hinting at a sudden and strategic move by XRP holders. Such a rise in exchange outflows is usually an indication of increasing confidence in the digital asset. When huge quantities of a token are withdrawn from exchanges, it is a sign that those holding it are not looking to sell at that time. Rather, it is possible that they are accumulating their XRP in cold…

Two crypto advocacy groups, whose amicus curiae briefs on behalf of Samourai Wallet were denied this week by a federal judge, told Decrypt that along with other organizations, they urge the dismissal of the case against the Bitcoin mixer charged with operating as an illegal money transmitter. The Blockchain Association, Coin Center, the DeFi Education Fund, and the Bitcoin Policy Institute argued in their respective briefs that Samourai Wallet has simply helped people execute financial transactions online without violating U.S. law. “Privacy is normal: it’s normal for people to want to be able to make financial transactions on-chain whilst still…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Hyperliquid has become the dominant venue for onchain perpetuals, leapfrogging dYdX by embracing a radical idea: full transparency. Every resting order is hash-linked to a wallet, whose P&L and liquidation level are visible to the network. This “L4” order book is more granular than TradFi’s L3 venues, which conceal trader identity, positions or leverage levels. Hyperliquid’s radically transparent market structure has no informational asymmetry between participants — and given its stellar growth, it’s working. But is it optimal? Jeff Yan, the founder of Hyperliquid Labs, argues yes.…

A renowned crypto influencer and investor has highlighted five reasons why Chainlink transcends Oracle and dominates the blockchain ecosystem. He believes Chainlink is the missing piece of the puzzle in the fragmented blockchain world. In a recent update, CNF discussed how Chainlink has dominated the Real World Assets (RWA) ecosystem. In that report, it was highlighted to have become the most mentioned RWA token on social media. Today, a popular investor called The Crypto Panda has, in a detailed post, explained why the decentralised blockchain oracle network has dominated in popularity and distinguished itself among the thousands of competitors. Firstly,…

Spot Bitcoin ETFs continued their streak of net inflows for the third consecutive day, bringing in over $160 million yesterday. While this marks a healthy continuation of investor interest, it represents a pullback from the $431 million recorded the previous day. The slowdown comes as BTC tests resistance around the $110,000 mark, stalling upward momentum in the spot market. ETF Demand Holds Steady for BTC On Wednesday, net inflows into US-listed spot BTC ETFs totaled $165 million. Although this figure marked continued investor interest in these investment funds, it represented a 61% decline from the $435 million posted on June…

Ethereum has remained firm above key support levels despite the broader market pullback in recent weeks. While many altcoins have shown weakness, ETH continues to trade above the $2,400–$2,500 zone, signaling strength and positioning itself for a potential recovery. After a volatile start to the year that saw steep declines, analysts are increasingly calling for a breakout, with some suggesting Ethereum could soon reclaim lost ground if current conditions hold. However, not everyone agrees on the bullish outlook. Some traders warn that Ethereum’s recent consolidation may precede another leg down, especially if resistance near $2,800 remains unbroken. The debate highlights…

A recent analysis posted by Artemis CEO Jon Ma has sparked discussion about Tether’s potential market value, suggesting that if the company were to go public, its valuation could reach $515 billion. This figure would place Tether among the world’s largest corporations by market capitalization, ahead of well-known names such as Costco and Coca-Cola. Jon Ma’s analysis draws several key comparisons and assumptions to arrive at this valuation. USDC issuer Circle recently went public with a market cap of $30 billion. Ma’s financial model projects Circle to reach $410 billion in EBITDA for 2025, which equates to a 69.3x EBITDA…

AI agent launchpad Virtuals Protocol (VIRTUAL) is up 7% ahead of the launch of I.R.I.S., its first agent on the Ethereum mainnet. I.R.I.S. is a collaboration between Virtuals, which is overseeing the launch, token distribution and ecosystem development, and Nethermind, which provided the core technical foundation, including agent engineering and blockchain security. It introduces AuditAgent, an automated smart contract security analysis platform, to I.R.I.S., which also scans social media channels and combines the two to identify security issues in real-time. Nethermind was founded by Tomasz Stańczak, the newly appointed co-executive director of the Ethereum Foundation. At the time of writing,…

Top investment firms demand SEC reinstate filing-order rule to protect crypto ETF innovation and prevent market dominance by giants. SEC Urged to Restore First-to-File Rule as Big Firms Exploit System Shift Executives from asset management firms Vaneck, Canary Capital, and 21Shares issued a joint letter to U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins on June 5, calling on the agency to reinstate its “first-to-file” approval framework for exchange-traded products (ETPs). The signatories argued that the Commission’s recent practice of granting simultaneous approvals—regardless of filing order—undermines fairness, diminishes innovation, and weakens the competitive positioning of smaller issuers, particularly in…

Huma, the PayFi infrastructure provider behind more than $4.5 billion in real-world transactions, has officially joined the Global Dollar Network (GDN) — a growing coalition of industry leaders advancing global stablecoin adoption.—Launched by Paxos and powered by the USDG stablecoin, GDN includes major players such as Robinhood, Kraken, Anchorage, Nuvei, and Worldpay. With this move, Huma strengthens its mission to deliver real-time, borderless finance by integrating into one of the most forward-thinking networks in the stablecoin ecosystem. Why USDG?USDG is a U.S. dollar-backed stablecoin issued by Paxos Digital Singapore, designed to comply with the Monetary Authority of Singapore’s (MAS) upcoming…