Author: NBTC

A Solana whale address that had remained inactive for nearly two years has resurfaced, purchasing 47,535 $SOL worth approximately $3.6 million, according to blockchain tracking platform Lookonchain. The transaction marks a notable return for an investor who previously capitalized on Solana’s price swings in 2023. Whale’s Historical Trading Pattern Lookonchain data reveals that the wallet, identified by the prefix GvHYQQ, accumulated a total of 291,790 $SOL during market downturns in August and October 2023, when the average price was $23.37. During the subsequent rally, the whale sold 191,789 $SOL at an average price of $128.36, realizing profits exceeding $20 million.…

Cantor Fitzgerald is building Wall Street-style trading infrastructure around prediction markets. The financial services firm said Wednesday that it plans to offer its roughly 3,000 institutional clients access to prediction markets trading on Kalshi, making it one of the first full-service investment banks to give institutional clients access to block trades in event contracts on a CFTC-regulated exchange. Kalshi’s market maker Susquehanna International Group will provide pricing and liquidity, the company said in a statement, while Cantor will be the acting broker, helping clients arrange and execute the trades. “Prediction markets are growing rapidly, but institutional participation has not kept…

Spiko Finance is making waves in the blockchain space, reporting close to $2 billion in assets under management. The platform, which operates on Solana, has attracted 5,000 users, with hundreds of daily subscriptions and redemptions. This growth underscores the rising institutional interest in blockchain technology, particularly in cash management solutions. More details can be found in the Solana Foundation’s tweet. The Key Development The current landscape of the crypto market shows mixed signals, yet Spiko Finance’s recent announcement highlights a positive trend for Solana. With a reported $2 billion in assets, the company has seen a surge in user engagement,…

On Sunday, July 26, Michael Saylor posted Strategy’s Bitcoin purchase chart to X. The caption said, “We’re gonna need another color.” It was his fifth such post since the company’s last disclosed Bitcoin purchase on June 22. MSTR trades as a leveraged proxy for Saylor’s Bitcoin buying, and dozens of treasury companies copied his model. For the first time in two years, Strategy has gone four weeks without adding a single coin to its portfolio. Saylor’s Sunday chart stops signaling Monday Bitcoin buys For years, a Sunday night Saylor chart was a reliable predictor of an 8-K filing on Monday.…

Crypto airdrops in week 33: the deadlines running right now Airdrops are rarely what the marketing suggests. Most campaigns hand out small amounts, many windows close quietly, and a substantial share of the allocated tokens is never claimed. That is exactly why a sober look at what is actually scheduled pays off. This overview lists five airdrops that either have a claim window open this week or a start date confirmed for the next 14 days. Every detail comes from the source linked in each case. Unconfirmed rumours about future distributions are left out. The airdrop dates at a glance…

The transfer “shows how digital money issued by banks can be interoperable across banks and other financial institutions while maintaining the integrity and regulatory oversight of the existing financial ecosystem,” Lewis Sun, head of digital currencies at HSBC, said in a statement. Sun said that for companies like HSBC, the pilot is about demonstrating how real-world challenges can be solved, including moving money around the globe, increasing cash visibility and reducing cross-border transaction issues related to legacy systems. Swift’s core infrastructure has not changed in 30 to 40 years, according to Naveen Mallela, who leads digital assets at Standard Chartered.…

Hedera recently announced the addition of two new partners to its Council network, WISeKey and SpaceDevUy. This expansion is significant as WISeKey brings expertise in cybersecurity and digital identity, while SpaceDevUy focuses on decentralized applications and smart contracts. These partnerships could enhance Hedera’s offerings in the growing DeFi space, as highlighted in their official tweet. Breaking It Down Currently, the crypto market shows mixed signals, with various assets exhibiting fluctuating momentum. Hedera’s strategic moves come amid this backdrop, suggesting a proactive approach to bolster its ecosystem. The partnership with WISeKey aims to enhance cybersecurity measures, crucial as digital identity and…

Bitcoin began as peer-to-peer electronic cash, but the market gave it a different job. Over the past decade, Bitcoin has become crypto’s benchmark investment asset: something to accumulate, custody, borrow against, and measure against. Stablecoins, meanwhile, became the industry’s practical payment rail. That split made sense. Bitcoin’s volatility, confirmation times, and tax complexity made it awkward for everyday spending, while stablecoins offered the thing merchants and users actually needed: a familiar unit of account that could move quickly across digital rails. Bitcoin became the asset people did not want to spend. Stablecoins became the money they could. The gap is…

Fiona Murray, Ripple’s managing director for Asia Pacific, said the deal reflects growing momentum across Korea’s institutional financial sector, with banks building digital asset capability and looking for long-term infrastructure partners. Regional banks play a vital role in the real economy, she said. The company has spent the past year pushing $RLUSD, the dollar-pegged token it issues, as the settlement asset for institutional work. CoinDesk asked Ripple which asset the Jeonbuk deployment uses and did not immediately receive a reply. That distinction helps explained why a steady run of Ripple partnerships has done little for the token. $XRP traded above…

In brief Coinbase is adding perpetual futures to Base App through Hyperliquid, offering eligible users leverage of up to 50x. Coinbase says perps account for roughly 75% of crypto trading volume and are the most requested feature among Base App’s power users. The launch follows a shift away from Base’s earlier focus on social features toward trading, payments, and AI agents. Coinbase announced Wednesday that it is bringing leveraged crypto derivatives to the Base App, allowing eligible users to trade perpetual futures with leverage of up to 50x through Hyperliquid. The integration gives users access to more than 290 perpetual…