Author: NBTC
Alchemy Pay, a popular payment platform, has recently unveiled a new integration. As per Alchemy Pay, it is integrating Pendle Finance ($PENDLE) on the fiat-to-crypto on-ramp ecosystem thereof. The official announcement from Alchemy Pay mentions this as a crucial step to enhance DeFi accessibility for everyday consumers. Hence, the users can reach decentralized finance via traditional payment methods. 🔥 $PENDLE from @pendle_fi is now available on #AlchemyPay’s fiat-crypto On-Ramp. Tap into the future of yield with your everyday payment methods—Visa, Mastercard, mobile wallets, and more. No friction, just forward. 🔥Ramp now: https://t.co/X263ArkDw7 $ACH pic.twitter.com/RWfv74s1f1 — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway…
As Bitcoin rockets past $122,000, Strategy, the largest corporate holder of BTC, now holds around $31 billion in unrealized profits. Bitcoin continues its meteoric rise, hitting a new all-time high above $122,000 on Monday, July 14. This latest surge, driven by strong inflows into Bitcoin ETFs, has propelled the cryptocurrency to levels never seen before, and with it came massive unrealized profits for institutional holders like Strategy (formerly MicroStrategy) Bitcoin Sets New All-Time High According to data from CoinMarketCap, the price of Bitcoin briefly peaked at $122,666, marking its all-time high. The bullish momentum has been building since July 9,…
SharpLink Gaming has spent $780 million on Ethereum in July, establishing itself as one of the asset’s largest holders as the cryptocurrency’s price surged to a seven-month high. The Minnesota-based Ethereum treasury firm, which began the month holding 198,200 ETH, now controls 438,200 ETH, an 121% increase in four weeks, according to a press release. Based on recent prices, that stockpile was worth $1.4 billion on Tuesday, the second largest among corporate Ethereum treasuries. SharpLink aims to increase shareholder value by boosting the amount of Ethereum it owns per fully diluted share. The company consistently issued common stock as a…
US President Donald Trump continues to pressure Fed Chair Jerome Powell to cut interest rates, while also calling for Powell’s resignation. Trump has already begun discussions on Powell’s replacement as his term approaches. At this point, while Powell’s resignation continues to be a hot topic in the market, new statements came from famous economist Mohammed El-Erian, who frequently criticizes the FED and Powell regarding inflation. El-Erian, who thinks that the FED and Powell are responsible for inflation reaching these levels, said in his latest statement that Powell should resign. El-Erian, who shared a long post from his X account, said…
Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital security or commodity. “My opinion is it would be beneficial to the market if they nail down the digital assets taxonomy,” Saylor said during Strategy’s second-quarter earnings call on Thursday. “Under what circumstances can you tokenize a security? What’s a digital security? If they can clarify a digital commodity, what’s an asset without an issuer versus a digital token?” The crypto industry has pushed the Trump administration to clear up…
Cryptocurrency exchange giant Coinbase is expanding its services beyond crypto assets, preparing to launch tokenized stocks and prediction markets for its users in the United States. These new services will launch over the next few months, initially for US users, followed by a phased rollout internationally, subject to regulatory approvals, the company told CNBC today. “We’re building an all-encompassing exchange,” Coinbase Vice President of Product Max Branzburg said, explaining the company’s vision. “We’re bringing all assets on-chain: stocks, prediction markets, and more.” He added, “We’re building an on-chain, one-stop-shop for everything tradable.” The new services will include tokenized real-world assets,…
Bitcoin broke through $123,000 on Monday, setting a fresh all-time high as the crypto market added over $1.2 trillion in value since April 9th, when President Donald Trump ordered a pause on reciprocal tariffs. The price of the OG crypto reached $123,400, based on data from CoinGecko, with the rally fueled by aggressive inflows into Bitcoin ETFs and growing bets from institutional players. The way it’s been moving, it’s literally been printing all-time highs multiple times a day. The biggest jolt came Thursday, when Bitcoin ETFs recorded $1.18 billion in daily inflows, the highest of the year so far. Investors…
According to blockchain intelligence platform Arkham, a whale pulled almost $40 million worth of ETH from Coinbase. In a recent tweet, Arkham stated that a fresh address, which it simply refers to as “0x98E,” withdrew 11,370 ETH from Coinbase Prime at an average price of $3,811 per coin. The move quickly put the whale in profit, with gains of over $400,000 within an hour. This whale just bought $40M of ETH from Coinbase.Fresh address 0x98E withdrew 11.37K ETH from Coinbase Prime at an average price of $3811.He is up $400K in the past hour. Have whales started coming for ETH?Address:…
Scott Bessent calls for a full review of the Federal Reserve’s expanding role, warning that “mandate creep” and controversial spending could threaten its independence. With Trump increasing pressure and Powell under fire, the debate over the Fed’s priorities and accountability has entered a new phase. U.S. Treasury Secretary Scott Bessent has reignited scrutiny of the Federal Reserve, urging a deep review of its operations beyond monetary policy. His sharp criticism, shared in a post on X, warns that the central bank’s growing involvement in non-core functions could threaten its independence. Fed’s Expanding Role Sparks Debate Bessent’s remarks come at a…
A group of U.S. lawmakers traveled to Argentina and met with President Javier Milei and other local crypto organizations to examine how the local ecosystem operates. The trip aimed to discuss regulation and identify joint challenges related to stablecoin adoption. U.S. Lawmakers Visit Argentina to Study Crypto Regulation and Discuss Adoption Argentina, a country known for its citizens’ embrace of crypto as a means of countering devaluation and crippling inflation, was visited by a group of U.S. lawmakers to examine the dynamics of its local markets and regulatory framework. The group, led by French Hill, Chairman of the House Financial…