Author: NBTC

“This may be Bitcoin’s [$BTC] biggest test yet” is how the market is currently describing the situation. In just under three weeks, the markets have changed drastically. Back then, it was FOMO, as the Fear & Greed Index peaked at 74, which meant strong greed for investors and coincided with $BTC’s $82k reclamation. Now it’s 50, meaning that Bitcoin is precisely in the middle of FUD and FOMO. Visually, nothing illustrates this better than Santiment’s recent report. From the 19th to the 21st of August, $BTC was heading towards $80k, triggering a strong rise in bullish social chatter. Then on…

Mirae Asset Group Chairman Park Hyeon-joo has voiced a strongly negative view on Bitcoin investment, saying that few people have made money from the cryptocurrency and that many have suffered severe losses. Speaking during a meeting with employees of DigitalX, the group’s digital asset subsidiary, in Seoul on Tuesday, Park also criticized the listing practices of South Korean virtual asset exchanges, describing them as fraudulent. Park’s Critique of Bitcoin and Crypto Trading Park, who also serves as the group’s global strategist, said he did not understand why people were investing in Bitcoin, even taking out loans to do so. He…

$XRP Tops Google Search as the World’s Bridge Currency Amid Diamond Breakout Nearing $XRP is back in the spotlight after Google Search began ranking it at the top for the term world bridge currency. While the result is not an official designation, it reflects how strongly $XRP has become associated with cross-border value transfers, reinforcing a narrative the Ripple ecosystem has promoted for years. As highlighted by RippleXity, Google’s search results now prominently feature $XRP for the phrase, underscoring its growing recognition as a bridge asset. Within Ripple’s payment infrastructure, $XRP serves as the intermediary currency in On-Demand Liquidity (ODL),…

Recent comments from SEC and CFTC officials have stirred discussions within the cryptocurrency sector. Highlighted by influencer Nate Geraci, these remarks follow closely on the heels of rising institutional interest in crypto assets. As traders digest these statements, the implications for future regulations and market dynamics are becoming a focal point of interest. Breaking It Down The broader crypto market displays mixed signals as traders analyze the implications of the latest SEC and CFTC comments regarding cryptocurrency regulation. This scrutiny comes at a time when institutional interest in crypto is on the rise, especially as firms like BlackRock report strong…

Whale Alert has confirmed the transfer of 100 million $XRP (approximately $129.6 million) from Uphold to an unknown wallet, as detailed in their recent tweet. This transaction highlights the ongoing movements within the $XRP community and raises potential implications for market stability. The transfer could indicate significant interest or strategic repositioning among large holders of $XRP. For more details, see the source here. Inside the Move The transfer of 100 million $XRP from Uphold comes amid a backdrop of mixed signals in the broader crypto market, where various assets are experiencing fluctuating momentum. Whale Alert’s notification of this significant transfer…

The U.S. House Financial Services Committee has advanced legislation to place the federal Strategic Bitcoin Reserve into law, voting 28-21 on Sept. 16 to report the amended H.R. 8957 favorably. The House Financial Services Committee’s official markup record lists the American Reserve Modernization Act of 2026 among the measures considered Wednesday and identifies a substitute amendment from Rep. Bryan Steil of Wisconsin. The substitute was adopted by voice vote before the committee approved the amended bill in recorded vote FC-317. Introduced on May 21 by Rep. Nick Begich of Alaska with Rep. Jared Golden of Maine as co-lead, ARMA would…

A single day of trading exposed just how quickly institutional money can move when the Federal Reserve shifts course. On September 16, BlackRock’s iShares Ethereum Trust, known by its ticker ETHA, saw $110.03 million walk out the door in one session — the largest single-fund redemption recorded across the entire US spot Ethereum ETF market that day. The withdrawal wasn’t an isolated event. It came as part of a broader wave of Ethereum ETF outflows that rattled the sector following the Federal Reserve’s first interest rate hike in three years. Key takeaways BlackRock’s iShares ETHA lost $110.03 million in a…

Tokenized deposits could reduce U.S. banks’ capacity to hold long-term interest-rate exposure by $700 billion under one modeled scenario, according to research published Aug. 25 by Dallas Fed economists Rosie Levy and Srini Ramaswamy. The figure does not represent $700 billion of deposits expected to leave banks or an equivalent guaranteed decline in lending. It measures a possible reduction in banks’ duration risk appetite, expressed as the equivalent exposure to ten-year Treasury securities. The authors also stated that their views should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System. Tokenized deposits could make…

Split delegation is a Core network feature that lets CORE token holders divide their staked tokens across more than one validator at the same time, instead of committing their entire stake to a single validator. It arrived with the Core Network Upgrade 1.0.4 and gives everyday stakers more control over risk and reward without forcing them to give up accrued rewards to make the switch. What Is Split Delegation on Core? Before this upgrade, CORE holders could only delegate to one validator at a time, and redelegating between validators carried a penalty: the delegator lost that day’s rewards. Split delegation…

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins stated that even without Congress passing new legislation, the agency will take action to provide regulatory clarity for the cryptocurrency sector, following the Senate’s failure to secure the necessary support for the CLARITY Act. Atkins thanked the administration officials, members of Congress, investors, and industry representatives who worked on the CLARITY Act, stating that the shared belief that the U.S. must maintain its leadership in financial innovation is of paramount importance. The SEC Chairman added that he had previously taken a clear stance on his approach to the cryptocurrency sector, stating,…