Author: NBTC

Hunter Horsley, chief executive officer at Bitwise Invest, has predicted that “every” Wall Street institution will be doing something in crypto within the next 12 months. “Software is eating the world. Crypto is going to eat capital markets,” Horsley said in a recent social media post. Widespread adoption According to a recent chart developed by Bitwise, Wall Street is rapidly taking over crypto trading and custody. Such huge names as Bank of America, BlackRock, BNY Mellon, CBOE, Goldman Sachs, JPMorgan Chase, and UBS all have a presence within this specific sector. Now that crypto has entered the mainstream, crypto trading…

Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo. In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group cited an agenda that included “blockchain, tokenization, public-benefit stablecoins, and artificial intelligence.” The organization, registered as an independent spender with the New York City Campaign Finance Board, was funded with $99,500 from six individuals through two companies as of Wednesday. According to expenditure records, Innovate…

Coinbase said its Coinbase One Card is now open to U.S. customers who are, or become, Coinbase One members at $49.99 a year, offering up to 4% back in bitcoin on purchases. The update came in an X post from Max Branzburg, head of consumer and business products, who described the product as open to everyone in the United States with access tied to the Coinbase One plan. The card carries no foreign transaction fees and lets users pay their credit card bill either from a linked bank account or with crypto held on Coinbase. Coinbase says bitcoin rewards do…

BlackRock and its tokenization partner Securitize have redistributed a large chunk of the asset manager’s tokenized fund BUIDL across several blockchains, quietly reducing its market cap on Ethereum by about 60%. Data from RWAxyz shows that the $2.8 billion fund’s holdings on Avalanche, Aptos, and Polygon jumped to around $554.7 million, $544.1 million, and $530.9 million as of Oct. 30, up from just $54.3 million, $43.4 million, and $30.7 million respectively as of Oct. 19. Over the same time period, the $2.4 billion of the fund held on the Ethereum network dropped to about $990 million. BUIDL was originally launched…

The race is on, and $5,000 is the finish line. But which asset gets there first—gold or Ethereum? On Myriad, the prediction market built by Decrypt’s parent company Dastan, traders have placed their bets: 65.5% of the money is on ETH reaching $5,000 before gold does.  It’s a bold call considering gold, trading for $4,115 today, is closer to the target, despite registering its biggest one-day correction in over a decade. But the technical analysis reveals why crypto traders might be onto something—and why they could be spectacularly wrong. Ethereum (ETH) price: Compression before explosion? Ethereum closed yesterday at…

Hong Kong authorities have concluded the second phase of the e-HKD pilot program, with the central bank digital currency launch mostly aimed at institutional clients. Summary The Hong Kong Monetary Authority (HKMA) has completed Phase II of its digital Hong Kong dollar pilot program, revealing that both e-HKD and tokenized deposits enable cost-effective, programmable, and secure transactions. Following the trials, the HKMA plans to prioritize the e-HKD’s development for wholesale financial applications, publish common tokenization standards, and complete policy, legal, and technical preparations by mid-2026. According to a report by local media, the Hong Kong Monetary Authority has completed the…

Crypto.com has introduced Cash Earn, a new high-yield cash feature for U.S. customers, according to an announcement the company shared on Wednesday, October 22. The program offers up to 5.00% annual percentage yield (APY) on cash balances, paid in Cronos (CRO) directly within the Crypto.com app. Green Dot collaboration brings FDIC-backed yield to Crypto.com users Powered by Arc, Green Dot’s embedded finance platform, Cash Earn enables users to earn on cash held in an FDIC-insured account. Balances are protected through a deposit sweep program by Green Dot Bank and its network of participating FDIC-insured institutions, providing coverage of up to…

ONTO Wallet announced today that it has added support for the X Layer Chain, giving its users direct access to the growing X Layer ecosystem. In a brief post on its official channel, ONTO said, “We are excited to integrate the X Layer Chain and fully support the X Layer ecosystem! You can now explore and interact seamlessly across the X Layer ecosystem within ONTO. Stay tuned for more updates!” The move brings X Layer, OKX’s zero knowledge Ethereum Layer 2, into another mainstream noncustodial wallet and furthers a pattern of wallet and infrastructure providers embracing the network. X Layer…

Investors who are interested in ether should closely monitor the digital currency’s “institutional integration,” as that development is crucial to the cryptocurrency’s future price fluctuations, said analyst Zach Friedman. “Traders should watch the rapid institutional integration of Ethereum, from record ETF inflows to major banks now accepting ETH as loan collateral,” said Friedman, cofounder and chief strategy officer for Secure Digital Markets. “Combined with the surge in tokenization, stablecoin growth, and Layer 2 expansion, Ethereum’s role in real-world finance continues to strengthen,” he added. “With staking yields encouraging long-term holding and supply remaining deflationary, these trends could set the stage…

South Korea’s central bank is contemplating a return to gold buying for the first time since 2013, signaling a potential shift in its reserve management strategy. The move comes amid growing demand for the precious metal, as investors seek protection from inflation and currency weakness. Bank of Korea Weighs Buying Gold Again According to the latest data by the World Gold Council (WGC), as of October, the Bank of Korea held 104.4 tons of gold, ranking 41st globally. It last added to its gold reserves in 2013, concluding a three-year buying spree that began in 2011. During that period, the…