Author: NBTC

RippleX software developer Mayukha Vadari clarifies a common misconception about $XRP Ledger feature usage, with some assuming transaction volume is a way to measure the utility of an XRPL amendment. In an X post, Vadari stated that transaction volume may not be the best way to measure every amendment. The RippleX developer cited the clawback feature as an example, saying that in this context, the liquidity/market cap of clawbackable tokens will be what to consider, as these tokens would not have launched without the clawback feature. In her view, these tokens might not need to use the transaction much. Clawback…

Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time. RWAs generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52% of Hyperliquid’s total weekly volume of $48.2 billion, according to Blockworks data. “Hyperliquid’s RWA market alone was larger than the combined crypto perpetual volume of every other DEX,” wrote ARK Invest’s research director for digital assets, Lorenzo Valente, in a Thursday X post. The milestone reflects growing demand for tokenized assets on Hyperliquid. Over the past month, RWA holders…

Sui-based decentralized exchange Astros, in collaboration with the data platform Walrus, has launched WVTS, a trading data standard designed to be machine-readable by AI systems. The initiative aims to provide a structured foundation for AI agents to participate in financial markets. According to an update shared on X, over 22 million transaction records have already been logged on Walrus, signaling early adoption and technical readiness. What Is WVTS and Why It Matters WVTS is not a token or a protocol in the traditional sense; it is a data formatting standard that structures trading activity into a schema that AI models…

Contrary to retail crypto investors’ hopes for an imminent rally, the latest technical review of Bitcoin from legendary trader Peter Brandt points to the opposite – a continuation of the prolonged consolidation. While the leading cryptocurrency is trying to hold in the $65,200–$66,000 area amid easing tensions in the Middle East, Brandt’s review of the weekly $BTC/USD chart from TradeNavigator shows worrying technical markers. Forget the peace rally The legendary trader categorically rejected rumors of an imminent upside breakout, calling talk of a “bull flag” a rookie mistake. According to the rules of classical technical analysis laid down by Schabacker,…

SBI Holdings, one of Japan’s leading financial groups, has drawn attention in recent months with its multi-billion dollar investments in cryptocurrencies. In just the last few weeks, the company was the sole investor in Gauntlet’s $125 million Series C funding round and also participated in EDX Markets’ $76 million Series C funding. In addition to agreeing to acquire Japanese cryptocurrency exchange Bitbank for approximately $289 million, SBI also acquired a controlling stake in Singapore-based Coinhako earlier this year. SBI also invested in Digital Asset’s $355 million funding round, Morpho’s $175 million token funding, and Circle’s $222 million token presale for…

The wave of spot ETFs, which began with the US SEC’s approval of spot Bitcoin ETFs in January 2024, is now continuing with the participation of many altcoins. At this point, besides $BTC, many altcoins such as Ethereum, $XRP, and Solana have also received ETF approvals, and investor interest continues to grow. At this point, the Hyperliquid ($HYPE) ETF is attracting significant interest from investors. Grayscale, a crypto asset management company, included noteworthy data in its latest analysis of the $HYPE spot ETF. According to the company’s assessment, the $HYPE spot ETF has outperformed Bitcoin ($BTC), Ethereum ($ETH), Solana (SOL),…

The US House of Representatives has passed a congressional stock-trading ban by a 232-198 vote, sending the measure to the Senate despite criticism that it leaves existing holdings untouched. According to a statement from Representative Bryan Steil’s office, the House approved the Stop Insider Trading Act on Wednesday, July 22. The Wisconsin Republican introduced the legislation in January and urged senators to send it to President Donald Trump for his signature. Under the bill, members of Congress, their spouses and dependent children would no longer be allowed to buy securities issued by publicly traded companies. The restriction would apply to…

Bitfinex has secured a Digital Asset Service Provider licence in El Salvador, completing a local regulatory structure covering spot trading, crypto derivatives and tokenized securities. The exchange announced the approval on May 12, after the National Commission of Digital Assets registered two Bitfinex-linked operating entities on April 23. The new approval brings the core Bitfinex trading platform alongside Bitfinex Securities El Salvador and Bitfinex Derivatives El Salvador. Bitfinex said the structure gives the group a regulated presence across its main businesses in the country, although product access will still depend on customer eligibility, location and the platform’s terms. Core Bitfinex…

Uniswap has dismissed claims that its 4x cheaper token launchpad called ‘ Trade Pools’ is designed to “extract” most value from users. The new launchpad set a 0.25% trading fee compared to 1% charged by some players. For some critics, Pools was all out to undercut other memecioin lauchpads on Robinhood, such as Pons. But they wondered if Uniswap could commit crimes and extract value, an infamous trend synonymous with other venues like PumpFun. Responding to the critics, Uniswap CEO Hayden Adams said, This mindset assumes people want to use highly extractive, shady platforms. We’re making the opposite bet –…

In brief Over $4.8 billion has exited U.S. Bitcoin ETF products since May, and analysts say a peace deal alone won’t bring institutional capital back. The 25-delta options skew remains at -4% to -5%, showing traders are still paying a premium for downside protection over upside exposure. The Fed’s Wednesday meeting and improving institutional demand could help with Bitcoin’s recovery, Decrypt was told. Bitcoin jumped to highs over $65,000 after President Trump announced a completed deal with Iran, but investors remain skeptical about a lasting turnaround for the crypto market. The leading crypto is trading at $65,860, up 2.2% over…