Author: NBTC

$XRP-linked investment products swung back to inflows last week after shedding $56 million the week prior, as digital asset funds extended their winning streak for a fourth consecutive week. According to CoinShares’ new report, Bitcoin led $1.2 billion in crypto fund inflows as institutional demand strengthened ahead of the upcoming FOMC meeting, where the Fed is expected to provide guidance on interest rate policy. Bitcoin captured the bulk, attracting $933 million in a single week and bringing its year-to-date total to $4 billion. The asset was trading above $76,000 during the reporting period, its strongest showing since the correction that…

Australia’s financial intelligence unit yesterday (Tuesday) published three companion documents to its 2024 national risk assessments, naming artificial intelligence and virtual assets as new accelerants reshaping money laundering, terrorism financing and proliferation financing. The release lands seven weeks before tranche 2 obligations under the reformed Anti-Money Laundering and Counter-Terrorism Financing Act take effect, sweeping an estimated 80,000 to 90,000 new entities into AUSTRAC’s perimeter. The full breakdown, with charts and methodology, is available on the FM Intelligence portal. Tranche 2 Adds Lawyers, Accountants and Real Estate to AUSTRAC’s Perimeter The reform brings real estate professionals, lawyers, accountants, conveyancers, dealers in…

SGX FX, the foreign exchange arm of Singapore Exchange Group, has signed up to distribute its OTC currency data on blockchain networks through Chainlink, the oracle platform that already feeds a large share of decentralized finance. The Singapore-based venue, which counts more than 200 financial institutions among its users, said it will use DataLink, a Chainlink-powered service aimed at institutional data vendors. The initial feed covers spot and one-month forward prices for major G10, Asian, and emerging market currency pairs, the company said. SGX FX said the integration extends its market data into more than 2,600 applications spread across over…

Michael Saylor, the executive chairman of leading asset management firm Strategy, has stirred discussions across the crypto community after casually flaunting the market volatility, as seen in Strategy’s recent performance. In a recent post shared on X, Michael Saylor hinted that volatility is not a flaw in Strategy’s business model, describing it in a way that looks like part of the company’s design. According to his post, Saylor revealed that the company intentionally engineers its shares to create different volatility profiles in respect to Bitcoin’s market movements. 71% to 2%. We engineer volatility. $MSTR $STRC $BTC pic.twitter.com/BIQwR2e1yx — Michael Saylor…

Ethereum is facing pressure from two sides as whale positioning stays negative and $ETH/$BTC remains inside a descending channel. For now, $ETH needs stronger buying activity and a clear $ETH/$BTC recovery to weaken the bearish setup. Ethereum Whales Stay Bearish as $ETH Price Holds Near $2,300 Ethereum whales are still showing a bearish position, according to the Ethereum Whale vs Retail Delta chart shared by CW. The chart shows the whale vs retail delta moving below zero in recent weeks. That means whale positioning has turned negative compared with retail positioning. In simple terms, larger traders appear more short than…

The current week is shaping up to be the most important of the half-year for the crypto market. While Bitcoin and $XRP recorded ETF inflows in April, $2.44 billion and $81.63 million respectively, investors are facing a “perfect storm”. Macroeconomic data and seasonality factors may either confirm the digital assets’ appeal or erase the entire spring growth. First in line is the FOMC meeting on April 29, taking place against the backdrop of March PCE at 2.8%. This is “sticky” inflation that gives the regulator no reason to cut rates. According to the minutes, the Fed has taken the most…

Layer 1 blockchain Sui (SUI) has announced plans to launch ‘Sui Spheres,’ a controlled execution environment designed specifically for multi-party workflows. The initiative, detailed in an official blog post, aims to address a persistent challenge in institutional blockchain adoption: balancing the transparency of public networks with the privacy requirements of enterprise operations. Bridging Public and Private Blockchain Environments Sui explained that most institutional workflows cannot operate in a fully public setting due to data sensitivity and regulatory constraints. Conversely, completely private systems create silos, limiting interoperability and defeating the purpose of using a shared ledger. ‘Sui Spheres’ is positioned as…

Banking systems engineer CharuSan has linked the CLARITY Act to a wider case for $XRP’s possible use in global bank payments. His argument says regulatory clarity, payment infrastructure, and liquidity depth could shape $XRP’s role at an institutional scale. CharuSan said many $XRP forecasts assume Ripple must sign separate agreements with thousands of banks. He argued that this view does not reflect how financial software could be deployed through large infrastructure providers. CLARITY Act Ties $XRP Utility to Banking Infrastructure Ripple already works with major infrastructure providers, including Volante, ACI Worldwide, and Finastra. These firms support banks through centralized systems…

Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg of a regional expansion that already spans Argentina, Chile, and Brazil. The announcement comes as the region’s crypto economy, valued at roughly $44 billion, continues to attract fintech operators betting on practical, everyday use of digital assets. Colombia has quietly become one of the world’s most stablecoin-heavy crypto markets. Chainalysis data shows the Colombian Peso ranked second globally in its share of centralized exchange stablecoin purchases, a sign that for most Colombian crypto users, stablecoins are not…

A Reuters investigation found that Iran’s largest crypto exchange, Nobitex, relied heavily on two major blockchain networks, Tron and $BNB Chain, to move billions of dollars. Since 2023, Nobitex has processed at least $2.3 billion through the two blockchains, according to blockchain data reviewed by Reuters. Tron was founded by crypto billionaire Justin Sun, while $BNB Chain originated from Binance, the exchange created by Changpeng Zhao. Both Sun and Binance later came out as important backers of World Liberty Financial, the Trump family’s flagship crypto venture. According to Reuters, there is no evidence Trump or his relatives knew Nobitex was…