Author: NBTC
The Financial Times reports that JPMorgan, the world’s biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars. The news is notable for a couple of reasons. Crypto folks love pointing out that Jamie Dimon, the bank’s chief executive, famously said in 2017 that he’d fire any employee caught trading bitcoin for being “stupid,” so JPMorgan considering the issuance of such a product (and getting involved with stablecoins) is seen as vindication by some in the industry. More interesting is what JPMorgan’s move…
With the passage of the GENIUS Act and growing momentum behind the CLARITY bills in Congress, regulatory clarity for digital assets is finally within reach—delivering the legal framework the crypto industry long demanded. But as that clarity arrives, are crypto incumbents the real winners? For years, the dominant narrative from the crypto industry was that unclear regulation and enforcement would straitjacket the industry in the world’s largest economy. It did. Lawsuits crippled startups. Capital left the U.S. Talent flowed abroad. One group suffered most of all: the country’s more than 3,300 U.S. broker-dealers. Bound by federal laws, broker-dealers were forced…
Satoshi Nakamoto, the guy behind Bitcoin, is now thought to be the 11th richest person on the planet. And he has not moved a single dollar to get there. With Bitcoin hitting over $123,000, the 1.096 million BTC linked to Nakamoto’s early mining activity is now worth over $133 billion, according to Arkham Intelligence. That puts him just behind Google cofounder Sergey Brin, who is 10th on Forbes’ rich list with a reported net worth of $142.3 billion. To put it simply, just $10 billion more and Satoshi enters the billionaire elite exclusive tier. For that to happen, Bitcoin needs…
Strobe Finance (STROBE) has disclosed its strategic collaboration with Axelar Network. Strobe Finance is a DeFi platform that offers decentralized finance products while running on top of the XRP Ledger. On the other hand, Axelar Network is a decentralized POS platform designed to facilitate composability and cross-chain communication among blockchain networks. This alliance provides Strobe Finance with access to powerful decentralized tools, which are set to enable improve its abilities within the DeFi landscape. 🧵1/6A core part of the Strobe infrastructure is the unique cross-chain architecture. Functioning on the XRPL with the tools of the EVM Sidechain.This is made possible…
It’s already been ten years since Ethereum launched and brought significant innovation to the blockchain ecosystem. Within this time, the network has pioneered the growth of decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). As Ethereum celebrates its tenth anniversary, CryptoPotato has obtained exclusive commentary from a few industry experts. Their opinions address questions about the blockchain’s journey so far and what the next decade holds in store. Ethereum at 10 Ethereum introduced programmability and smart contracts to blockchain. While the network’s user base has expanded to at least 80 countries, and its transaction count is running…
Shares of Opendoor Technologies (OPEN) have skyrocketed more than 170% over the past five trading days after being crowned this season’s meme stock by traders on Reddit’s WallStreetBets. Shares of the online real estate marketplace have seen an upsurge in speculative interest and trading volumes over the past month after gaining traction among traders on Reddit’s WallStreetBets — a community known for spotlighting meme stocks. Previously a penny stock, Opendoor shares have soared more than 500% over the past 30 days, trading at $3.11 at the time of writing. The surge in interest is underscored by a dramatic spike in…
The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California. According to an Aug. 1 statement, the tour is meant to give founders and developers, especially teams with 10 or fewer employees and less than two years old, face time with the Commission outside Washington, D.C. Crypto Task Force lead Hester Peirce stated the agency wants to hear from stakeholders who could not attend prior sessions, adding: “The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching…
Major crypto exchange Coinbase has sent a tweet out into the world that has caught the attention of the crypto community as Bitcoin surpassed the $120,000 mark. Coinbase’s tweet, though brief, highlights Bitcoin’s historic milestone of surpassing $120,000 in a sleek, eye-catching format that caught the attention of traders, investors and enthusiasts alike. On social media platform X, Coinbase posted, “1 BTC = $0.12 million,” representing Bitcoin’s price in millions rather than the usual “$120,000.” 1 BTC = $0.12M — Coinbase 🛡️ (@coinbase) July 14, 2025 Coinbase’s tweet highlights how Bitcoin is edging closer to the million-dollar mark, a subtle…
Chainlink has announced a new pricing methodology purpose-built to offer reliable pricing for cryptocurrency and tokenized assets primarily traded on decentralized exchanges. Summary Chainlink has introduced State Pricing, a new asset pricing solution for assets primarily traded on decentralized exchanges. Initial support includes for assets such as Lido’s wrapped staked Ethereum and Coinbase wrapped Bitcoin. An announcement Chainlink (LINK) shared on August 1 states that Chainlink State Pricing targets assets that show limited trading volumes on centralized exchanges, but have robust liquidity onchain. The new solution, accessible on the Chainlink mainnet via the platform’s Data Feeds and Data Streams features,…
Ethereum’s market is witnessing a major surge in whale activity. Since July 9, nine fresh wallets have acquired a total of 640,646 ETH, valued at approximately $2.43 billion. These large scale purchases have drawn the attention of traders and analysts across the crypto space. Blockchain tracking platform Lookonchain has closely monitored these movements. The data highlights consistent inflows to newly created wallets, indicating deliberate accumulation strategies. Most notably, wallet 0x3dF3 recently received 12,000 ETH, worth around $45 million, from Galaxy Digital’s over-the-counter (OTC) wallet. Wallet Activity Raises Strategic Questions The steady increase in whale holdings suggests growing confidence in Ethereum’s…