Author: NBTC

The crypto market is always a topic of discussion due to its daily and weekly fluctuations, and therefore, it grabs the attention of crypto holders. This daily and weekly momentum provides a pathway and can be used as a behavioral indicator for certain cryptocurrencies. According to the statistical calculations, many cryptocurrencies performed well last week and grabbed crypto holders’ attention. There is a hierarchical list of top crypto gainers of the week that show record growth, and the overall market remains in an upward trend. Here are Crypto gainers named as DeXe ($DEXE), Arbitrum ($ARB), Pyth Network ($PYTH), Uniswap ($UNI),…

ARP Digital, an institutional digital asset infrastructure provider, has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the Bahrain-based firm to offer regulated conversions between digital assets and the UAE dirham. According to ARP Digital, the license covers United Arab Emirates-based corporates, capital markets participants and qualified investors, including conversions between stablecoins and dirhams. The company said it will also provide institutions with a regulated route to convert digital asset capital for deployment into local UAE assets. The approval marks ARP Digital’s second regulated Gulf market. The firm is licensed by the Central Bank of Bahrain, where…

Robinhood’s cryptocurrency trading volume fell sharply in July, reflecting a broader slowdown in retail digital asset activity. According to data reported by The Block, the company’s nominal crypto trading volume reached $10.9 billion last month, a 33% decline from June and a 62% drop compared to the same period last year. Breaking Down the Decline The decrease was felt across both of Robinhood’s trading platforms. Volume executed directly within the Robinhood app fell to $4.3 billion, down 74% year-over-year. Meanwhile, Bitstamp, the crypto exchange Robinhood acquired in 2024, handled $6.6 billion in volume, a 45% decrease from a year earlier.…

Singapore-based blockchain platform DigiFT has signed a memorandum of understanding (MOU) with Arco, an institutional onchain operating infrastructure provider, to broaden the distribution of tokenized real-world assets (RWAs) to institutional investors across Asia. The partnership will initially focus on South Korea as a strategic entry point, aiming to connect traditional financial products with regulated onchain capital markets. Strategic Expansion into South Korea The collaboration marks a deliberate move to establish a compliant distribution framework in one of Asia’s most dynamic digital asset markets. South Korea has shown increasing institutional interest in blockchain-based financial products, and both companies see this as…

There’s an old saying that “every coin has two sides.” It applies perfectly to the multimillion-dollar hack of the hardware wallet Coldcard that began on July 30 and is still in progress. On one hand, the hack raised questions about the safety of taking direct custody of coins in hardware wallets as a long-term holding strategy, a technique that became popular following the collapse of the FTX exchange in 2022. On the other hand — and this is the bright side — it spurred the shuffling and reshuffling of coins to exchanges and multiple wallets alike by holders. This bright…

Founded in 2018 as SEBA Bank and rebranded as AMINA in 2023, the lender is overseen by the Swiss Financial Market Supervisory Authority, FINMA. It is one of a small number of regulated banks focused on digital assets. The company offers crypto trading, custody, staking and lending services to institutional and professional investors, and has expanded into Abu Dhabi, Hong Kong and India. The crypto industry has embraced public markets over the past year, with listings from companies including Circle Internet (CRCL), CoinDesk’s owner Bullish (BLSH), Gemini Space Station (GEMI), BitGo (BTGO) and Figure (FIGR) marking the sector’s strongest IPO…

Evernorth has launched a Japanese-language presence as the digital asset treasury company expands its work around $XRP. The firm introduced a dedicated account for local updates and market analysis. In its opening message, Evernorth said, “Japan believed in $XRP early on. Together, we will build from here.” The statement describes the company’s position, but it does not confirm a new office, license, product launch or investment in Japan. The company said the account will explain market movements in simple terms and provide professional information. It also said it “will not discuss prices.” That limit keeps the channel away from direct…

Kazakhstan President Kassym-Jomart Tokayev has signed a decree exempting individuals from income tax on digital-asset gains for three years. The decree is expected to move an estimated 1 million crypto wallets off foreign platforms and onto licensed domestic exchanges. Three-year tax-free period in Kazakhstan President Kassym-Jomart Tokayev has signed a decree created by three bodies; the Ministry of Artificial Intelligence and Digital Development, the National Bank of Kazakhstan, and the Astana International Financial Centre (AIFC), which states that private investors will owe no personal income tax on gains from digital-asset transactions for three years. Assets linked to fraud, money laundering,…

Stablecoin payments company RedotPay delayed a planned $1 billion U.S. IPO to deal with legal issues, Bloomberg reported Friday, citing people familiar with the decision. The listing, initially planned for this year, is unlikely to take place before 2027, the people told the financial news organization. “Our strategy continues to focus on global regulatory compliance and business growth,” a RedotPay spokesperson told CoinDesk via Telegram. “This week we obtained a money transmitter license in the U.S. We are preparing to launch our product in the U.S.” The spokesperson declined to comment on the IPO plan, which emerged in February. Hong…

Digital Currency Group’s Zcash mining subsidiary, Fortitude, mined 33,646 $ZEC during the second quarter of the year, generating $20.9 million in revenue, according to a report by The Block. However, the company recorded a net loss of $9.5 million, largely due to a $10.3 million impairment loss tied to mining equipment and related assets. Operational Performance and Financial Impact The revenue figure reflects Fortitude’s mining output against prevailing $ZEC prices during the period. While the company successfully mined a substantial number of coins, the impairment charge significantly impacted its bottom line. This write-down suggests a revaluation of the mining hardware’s…