Author: NBTC

StonkBrokers $NFT on Robinhood Chain surged by more than 368% in the past month, two weeks after launch. In the past 24 hours, the price of the $NFT collection has increased by 13.7%, trading at around $12.42K. Robinhood Chain has been the most used Ethereum [ETH] layer 2 (L2) since making its debut. Will the momentum in the chain be enough to sustain the $NFT’s early traction? StonkBrokers $NFT hits peak floor price in a month StonkBrokers $NFT launched at around $50 but is now trading above $12.6K, making it the sixth largest $NFT by market cap. It is only…

The global market capitalization of tokenized stocks rose to a record $2.3 billion on Wednesday, as more investors sought exposure to blockchain-based equity products. The Ethereum network boasted the largest market share, at 34%, followed by BNB Chain with 30% and the Solana network with 23%, data aggregator Token Terminal shared in a Wednesday X post. The largest increase came from Kraken exchange’s xStocks, which accounted for $507 million worth of tokenized stocks and Binance’s bStocks, with $334 million. Ondo Finance remained the largest tokenized stock issuer with $955 million in onchain equities, according to Token Terminal data. More crypto…

Perpetual futures are entering regulated markets, and the objection to them is serious: retail-driven, high-leverage instruments will import systemic risk. But the critique is aimed at the wrong target. Systemic risk in a derivatives market is a property of the venue on which the perpetuals are traded, not the contract. The risk is set by venue choices: leverage caps, margin, funding design, default management. None inherent to a no-expiry contract. The concern isn’t baseless. Crypto’s sharpest deleveraging episodes — with the October 2025 cascade among the most recent — have many causes: macro shocks, stablecoin de-pegs, exchange outages, oracle failures,…

South Korea’s leading cryptocurrency exchange, Bithumb, has announced the addition of the O token to its Korean Won (KRW) trading market. The listing went live at 5:00 a.m. UTC today, providing local traders with direct fiat-to-crypto access to the asset. Listing Details and Market Context The O token, which powers a decentralized data validation protocol, is now available for trading against the KRW on Bithumb. This move follows a trend of South Korean exchanges expanding their altcoin offerings despite a cautious regulatory environment. Bithumb, one of the country’s largest platforms by volume, often serves as a bellwether for market sentiment…

Bitcoin has retreated toward $65,000 ahead of the Federal Reserve’s policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto.news, Bitcoin ($BTC) price fell from a June 16 high of near $67,200 to an intraday low around $65,236 on June 17 before stabilizing near $65,300 at press time. The pullback came as investors awaited the outcome of the Federal Reserve’s two-day policy meeting, with policymakers expected to keep rates unchanged at 3.50%–3.75% when the decision is released later today. Attention has instead shifted to the…

Decentralized layer 3 infrastructure project Orbs has introduced OIP-9, its first formal community governance proposal, seeking approval to establish the Orbs DAO and create the project’s initial decentralized governance framework. The proposal would enable holders of staked ORBS tokens to participate in Snapshot voting on selected protocol decisions, with the implementation handled through DAO-controlled multisig wallets. Initial governance responsibilities would include oversight of Proof-of-Stake infrastructure, Guardian management, protocol upgrades and new network-level deployments. According to Orbs, the framework is designed to support progressive decentralization by gradually expanding the DAO’s authority as the community gains governance experience. Areas such as treasury…

South Korea has raised interest rates for the first time since January 2023, shifting monetary policy toward tighter conditions in one of the world’s most active retail crypto markets. The Bank of Korea raised its benchmark rate by 25 basis points from 2.50% to 2.75% on July 16. All seven members of the Monetary Policy Board supported the decision. The central bank also said further increases may be needed depending on inflation, growth and financial stability conditions. Bank of Korea shifts toward tighter monetary policy The rate increase was widely expected. A Reuters poll found that 36 of 37 economists…

Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback. The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The validated notes show Lite Strategy holding 819,070 $LTC against 31,882,648 shares outstanding after the transaction. The buyback funding mix is the interesting part. Lite Strategy said the capital came from treasury operations, with 11.87% funded by selling Litecoin and 1.13% funded by covered-call premiums. The stated goal is to increase the amount of Litecoin backing every remaining share of common…

With Democratic House Representative from Arizona, Yassamin Ansari beating a path to get Barron Trump to testify on ties with fellow crypto bros, Andrew and Tristan Tate, President Trump is expected to have as high a stake as the digital asset lobby in ensuring that the Republican Party comes out of the mid-term elections still holding its majority. As noted in previous Cryptopolitan reports, the crypto industry is working with an arbitrary deadline around the time Congress breaks in August and ramps up for November’s mid-term elections to get its signature market-structure bill (CLARITY Act) passed. Missing that deadline, which…

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, has promoted Rob Witoff to chief technology officer, the company announced this week. Witoff, who previously served as head of platform, shared the news via a post on X, marking a significant leadership transition for the publicly traded crypto firm. From Engineer to CTO: A Decade of Growth Witoff originally joined Coinbase as an engineer in 2014, when the company was still a relatively small startup operating in a nascent industry. Over the past 12 years, he has held increasingly senior roles, most recently overseeing the company’s platform division, which includes…