Author: NBTC

Stuart Alderoty, Ripple’s chief legal officer, has linked the passage of the CLARITY Act to potential job creation and broader economic growth in the United States. “A vote for Clarity is a vote for jobs and economic growth,” Alderoty wrote on X. This comes after the National Cryptocurrency Association (NCA) published new research examining crypto’s contribution to the U.S. labor market. The report, which was produced in partnership with Pragmatic Policy Group, estimates that the crypto industry supports 232,000 jobs across the country in 2026. Of those, around 34,000 are direct positions at crypto companies such as Ripple and Coinbase.…

BitMEX will move into strict risk-limit mode on August 26 as part of its planned exchange wind-down. Starting at 04:00 UTC, users will only be able to close or reduce existing positions. New positions will no longer be allowed. Trading services are scheduled to permanently cease on September 23 at 04:00 UTC, according to the exchange’s official notice. BitMEX has described the process as a voluntary and orderly business wind-down following a strategic review. That distinction matters. The announcement should not be framed as insolvency, bankruptcy, or regulatory enforcement unless the company says so. The current message is that BitMEX…

Hanwha Group, one of South Korea’s largest business conglomerates, has liquidated its blockchain-focused subsidiaries, Enterprise Blockchain Inc., in both South Korea and the United States during the first half of this year. The move, disclosed in a correction to the company’s half-year report, signals a notable retreat from the group’s earlier forays into blockchain technology. Corporate Restructuring Details According to the revised half-year filing, Hanwha’s total number of subsidiaries now stands at 859, up from 846 at the start of the year. The net increase of 13 subsidiaries resulted from 59 additions and 46 removals, with the liquidation of the…

Jamie Coutts rejects claims that Strategy caused Bitcoin’s decline, arguing weak demand and tightening global liquidity better explain the market reversal across markets. Long-term holder selling peaked last year, while Coutts now believes an earlier risk-model warning may have marked the top of the entire cycle. Government debt, AI borrowing and private fundraising are absorbing capital, though tokenization and autonomous AI agents could create genuine demand for crypto’s next cycle. Many investors have blamed Michael Saylor’s Strategy for Bitcoin’s latest decline, but Real Vision chief crypto analyst Jamie Coutts argues the evidence points elsewhere. Speaking on Michaël van de Poppe’s…

Goldman Sachs Vice Chairman Robert Kaplan has backed the Federal Reserve’s 9–3 decision to keep interest rates at 3.50%–3.75% in July, arguing that policymakers needed more time to assess inflation before acting. Why Kaplan supports the Fed rate pause Bloomberg Television reported on Aug. 13 that Kaplan, a former president of the Federal Reserve Bank of Dallas, viewed the July pause as the correct decision despite continued inflation pressure and an unusually divided vote. During the July 28–29 meeting, the Federal Open Market Committee left the federal funds rate unchanged at 3.50%–3.75%. According to the Fed’s official statement, Beth Hammack…

Vietnam has not issued its first crypto exchange license, but five companies have passed an initial assessment under the country’s five-year digital asset market pilot. To Tran Hoa, deputy standing head of the Digital Asset Trading Market Board under Vietnam’s State Securities Commission, disclosed the progress at the Vietnam RWA Summit 2026, according to an Aug. 30 Vietnam News Agency report. The authorities did not name the five applicants or confirm when final licensing decisions will be issued. Passing the initial assessment does not authorize any company to operate an exchange. Vietnam crypto exchange applicants face a $383 million threshold…

Mirae Asset Group is making an aggressive push into South Korea’s cryptocurrency market, offering customers a year of commission-free trading at Digital X, the exchange formerly known as Korbit, as the financial conglomerate seeks to challenge the dominance of market leaders Upbit and Bithumb, KED Global reported. The fee waiver Digital X will waive all trading fees for a year, a move aimed squarely at pulling retail volume away from Upbit and Bithumb, which together dominate the Korean market. Mirae Asset completed its acquisition of Korbit earlier this year after South Korea’s antitrust watchdog cleared the country’s first takeover of…

Polygon has announced that nearly every dollar on-ramped to its platform through Mercuryo is now arriving as a stablecoin. This significant shift reflects the evolving nature of on-chain financial transactions and indicates a growing preference for stability in the volatile crypto market. The implications of this trend could reshape how users engage with the Polygon network, enhancing its appeal to both investors and developers. For more details, see the original tweet here. What Happened The broader crypto market continues to exhibit mixed signals, with Polygon standing out due to its integration with Mercuryo. This partnership allows users to onboard funds…

Bitcoin’s Yardstick indicator remained in the undervaluation zone for 83% of the past 92 days. The network’s processing power (hash rate) recorded a 22% drop from its all-time high. The realized cap ratio between long-term and short-term holders reached a reading of 3.9 points. Fidelity Digital Assets identified patterns suggesting the formation of a projected Bitcoin bottom toward the month of October. The firm presented these technical observations after detecting historic lows in key On-Chain valuation metrics during the third quarter. Two signals we’re watching are approaching significant levels. BTC’s Yardstick is hovering near historic lows, while several sentiment indicators…

Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, according to SEC filings. The crypto investment firm had been one of the three lead investors, alongside Galaxy Digital and Jump Crypto, behind the $1.65 billion financing that launched Forward’s Solana treasury strategy in September 2025. The three sponsors collectively committed more than $300 million, while Multicoin co-founder Kyle Samani became Forward’s chairman. Less than eight months later, Multicoin Capital Management, Multicoin Capital Master Fund and managing partner Tushar Jain reported zero beneficial ownership in Forward. A May 8 Schedule 13D amendment marked the filing…