Author: NBTC

Abu Dhabi has been quietly turning itself into one of the world’s proving grounds for digital assets, and last week’s announcement from Coinbase confirmed just how far that ambition has traveled. The crypto exchange giant said it is establishing an international tokenization hub inside Abu Dhabi Global Market, a move that industry figures describe as the clearest sign yet of UAE tokenization leadership taking shape on a global scale. It’s a signal that the emirate wants to be more than a regional experiment — it wants to be where the world’s financial system goes when it decides to move onto…

Grayscale Investments launched its first spot Zcash exchange-traded fund (ETF) on U.S. markets, with the fund — trading under the ticker ZCSH — recording $14.8 million in trading volume on its opening day. The fund closed the session down 1.54% at $63.10, after having been up more than 3.5% earlier in the day. ZCSH: A New Milestone for Zcash The debut of ZCSH marks a significant step for Zcash ($ZEC), a privacy-focused cryptocurrency that has often remained on the periphery of mainstream investment products. This is the first spot $ZEC ETF to list in the United States, providing investors with…

South Korea’s ruling Democratic Party appears set to proceed with taxation on gains from virtual asset investments, with no separate discussions under way to extend the current tax delay, according to a report by Financial News. The party has cited the principle that income should be taxed wherever it arises. Tax Implementation Timeline Under the Income Tax Act, the tax is scheduled to take effect on Jan. 1 next year. If the ruling party and the government do not pursue additional talks on another delay, taxation on virtual asset investment gains at a 22% rate will effectively become a reality.…

Bitcoin ($BTC) may be entering another difficult August after a technical sell signal emerged just as the cryptocurrency enters a month that has historically produced weak returns. The latest warning comes from the TD Sequential indicator, which flashed a sell signal on Bitcoin’s three-day chart, according to insights shared by market analyst Ali Martinez in an X post on July 31. At the same time, historical data shows that August has been one of Bitcoin’s weakest months in recent years, raising the risk of a renewed correction in August 2026. Data shared by Martinez shows that Bitcoin has recorded losses…

According to a new X post by Jim Chanos, who profitably short-sold Michael Saylor’s $BTC acquisition company a year ago, there is still $80 billion of “pure arbitrage” on the table. Chanos called the catalyst of Strategy selling its own stock a trading opportunity. “One of the greatest pure arbitrage situations, ever,” he stated, also calling it “an $80 billion actionable spread.” Chanos isn’t recommending an $80 billion trade in full but merely pointing out the broad opportunity within which a trader can time specific entries and exits. The idea is that a skeptic can short any amount of MSTR,…

$XRP spot exchange-traded funds (ETFs) have extended their streak of daily net inflows to nine consecutive trading days on Aug. 25. Investors added $23.87 million to the products despite a broader crypto market sell-off. According to SoSoValue data, the latest inflow pushed cumulative net inflows into U.S. spot $XRP ETFs to a rather impressive $1.6 billion. The funds held $1.46 billion in net assets at the close of trading. Bitwise is in the lead Bitwise’s $XRP ETF led the inflows on Tuesday with $11.02 million. Franklin Templeton’s fund is second with $6.39 million. Grayscale’s $XRP ETF attracted $4.28 million. Canary…

Ripple CEO Brad Garlinghouse said crypto has moved firmly into the mainstream. He has pointed to new data showing that more than 67 million Americans now own digital assets. “Crypto isn’t a fringe industry,” Garlinghouse said in a post on X after attending a White House crypto summit alongside President Donald Trump, SEC Chair Paul Atkins, CFTC Chair Michael Selig and other industry leaders. He added that the figures show “the crypto voter is alive and well.” Garlinghouse was referring to the National Cryptocurrency Association’s 2026 State of Crypto Holders Report, which found that crypto ownership in the U.S. has…

After posting a 7.36% ROI in July, Bitcoin [$BTC] appears to be on track for a bullish August. Backing this view, the Crypto Fear & Greed Index continues to hover in the “Fear” zone, a level that has historically marked strong accumulation opportunities. But the broader market is telling a different story. Instead of a clean bullish breakout, Bitcoin has started August caught in a classic FUD vs. FOMO battle, with FUD currently gaining the upper hand despite $BTC continuing to hold key support. As the chart below shows, the USD/JPY pair is on track to close the week down…

The Bank of Italy has released a report indicating that stablecoin-based cross-border remittances often fail to deliver the cost and speed advantages they promise, particularly when users convert digital assets back into local fiat currency. The central bank’s analysis, which examined 10 real-world remittance corridors linking Italy with Argentina, Brazil, South Africa, the United Arab Emirates, and Japan, found that while on-chain transfer fees averaged just 0.4%, the total cost to users was frequently higher than traditional services. Hidden Costs in the Cash-Out Process The report highlights that the primary expenses in stablecoin remittances occur during the conversion from cryptocurrency…

Aqua 1 Foundation, a UAE-based investment firm that became the largest investor in World Liberty Financial ($WLFI) with a $100 million governance token purchase, has its beneficial owner identified as Zhou Guren, a China-born individual, according to a report by Caixin. Zhou’s name now appears on a Chinese court’s public defaulter registry, with unpaid amounts across six related cases totaling tens of millions of yuan. Background and Context The disclosure adds a layer of complexity to the Trump family-linked crypto project, which has attracted significant attention from high-profile investors. Aqua 1’s investment surpassed that of Justin Sun, who had previously…