Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using $USDC, CEO Jeremy Allaire said Saturday. The transactions were executed through Circle Mint, the company’s platform for minting and redeeming $USDC. The firm’s treasury team used the system to carry out intercompany transfer pricing — routine internal payments between subsidiaries — that would normally be handled via bank wires. Those transfers often take one to three days to settle and depend on banking hours and cut-off windows. Meanwhile, stablecoin settlement runs around the clock, and the company completed the transfers…
Ethena price hovers just under $0.10 as heavy futures leverage, whale withdrawals and a long unlock schedule reshape how $ENA supply moves across DeFi. Summary Ethena is trading around $0.098, with daily volume above $225 million and market capitalization close to $840 million. Derivatives activity remains heavy, with open interest close to $952 million and futures volume over $830 million in the last 24 hours. Recent token unlocks and whale withdrawals from exchanges are tightening liquid supply even as DeFi yield narratives keep Ethena in focus. Ethena ($ENA), the governance token for the synthetic dollar protocol behind the $USDe stablecoin,…
Colombian President Gustavo Petro announced that the country’s Caribbean coastal region could become a major hub for cryptocurrency mining. Petro emphasized the region’s significant potential, particularly in terms of the energy infrastructure required for Bitcoin mining. According to Petro, countries like Venezuela and Paraguay are already attracting mining investments thanks to their abundant renewable energy resources. He noted that Colombia’s Caribbean region similarly has advantages in terms of solar and wind energy, and that this potential could be harnessed for economic development. However, the Colombian leader warned that cryptocurrency mining based on fossil fuels could worsen climate change. Therefore, he…
The real world assets narrative has moved beyond speculation and entered execution. Markets no longer discuss possibilities. They now witness real deployment across major chains. This shift signals a turning point for blockchain finance and capital markets. For years, the idea of tokenizing traditional assets stayed theoretical. Builders promised efficiency, accessibility, and yield. However, real adoption lagged behind expectations. Now, platforms like STRC deliver actual products with real returns. The expansion of STRC across Ethereum, $BNB, and Solana changes the game. It bridges institutional finance with retail accessibility. This move brings real world assets directly into on chain ecosystems. 🐋…
Bitcoin’s reputation has historically been built on extreme boom-and-bust cycles, with steep drawdowns of up to 90% following all-time highs. This cycle, however, the decline has been closer to 50%, a shift that analysts said reflects the maturation of BTC as an asset class. “Bitcoin’s drawdowns compressing to about 50% is a sign of a maturing market structure,” AdLunam co-founder and market analyst Jason Fernandes told CoinDesk. “As liquidity deepens and institutional participation increases, volatility naturally compresses on both the upside and the downside,” he added, saying that “at that point, the narrative shifts from questioning its legitimacy to optimizing…
Flare CEO Says Network Mints XRP Directly From Exchanges, Removing KYC Friction Other Wrapped Models Can’t Solve
Flare CEO Hugo Philion has outlined how the network can mint $XRP directly from exchanges, removing the KYC and centralization barriers that have limited other wrapped-$XRP models. In a recent interview with Paul Barron, Philion explained that this approach could unlock a more scalable and accessible DeFi ecosystem for $XRP holders. Key Points Flare enables $XRP minting directly from exchanges, removing KYC friction seen in other wrapped $XRP models. FXRP lets users access DeFi without intermediaries, improving onboarding and expanding access for $XRP holders. Flare now hosts ~155M $XRP and a $450M DeFi market, adding lending, insurance, and yield tools.…
Bitmine Immersion Technologies, a leading company in the crypto asset management field, continues its Ethereum staking activities without slowing down. According to information shared by the data platform Onchain Lens, the company added another 192,816 ETH to its staking process approximately 6 hours ago. The total value of the transaction is stated to be approximately $456.2 million, indicating Bitmine’s continued aggressive accumulation and yield strategy for Ethereum. It is believed that the company is focused on expanding its passive income model generated through staking. With this latest transaction, Bitmine’s total staked Ethereum has reached 4,555,573. Based on current market prices,…
The round, led by Allianz X, Allianz’s Group strategic investment arm, seeks to help Uala expand its operations across Latin America. The company reached a $3.2 billion valuation, becoming one of the largest digital conglomerates in the region. Uala Reaches $3.2 Billion Valuation In Latest Funding Round Uala, an Argentina-based neobank, has closed a successful funding round, becoming one of the largest fintech companies in Argentina and Latin America. The company, which serves over 11 million people in Argentina, Colombia, and Mexico, raised $195 million in a funding round led by Allianz X, the investment arm of Allianz Group, with…
Ripple Labs is scheduled to unlock 1 billion $XRP on April 1, continuing its long-standing escrow release program that remains a focal point for market participants assessing potential supply pressure. At current prices, with $XRP trading near $1.37, the upcoming unlock represents roughly $1.37 billion in value. The token has declined about 3.2% over the past 24 hours and nearly 5% over the past week, reflecting a period of short-term weakness ahead of the scheduled release. Ripple escrow unlock Ripple’s escrow system, however, is structured to prevent abrupt supply shocks. While 1 billion $XRP is unlocked each month, a significant…
Colombia wants in on the bitcoin mining industry and its president is pitching the Caribbean coast as the sandbox. President Gustavo Petro said in a X post Tuesday that the cities of Barranquilla, Santa Marta and Riohacha could become bitcoin mining hubs by tapping into the country’s surplus clean energy, following the playbook that has worked for Venezuela and Paraguay over the past few years. Petro called it “an immense boost to the development of the Caribbean,” and floated the idea of giving the Wayúu community, Colombia’s largest Indigenous group based on the same coast, co-ownership of the project. A…