Author: NBTC

Cross-chain discussions involving $XRP, Flare, and Cardano are gaining momentum. In a post on X, Flare co-founder Hugo Philion revealed that the team is actively exploring a LayerZero Decentralized Verifier Network (DVN) to strengthen interoperability between major blockchain ecosystems. FXRP on Cardano? Philion made the comment in response to $XRP community member @xrpen15, who suggested that Flare launch an official LayerZero (LZ) DVN. According to the proposal, such infrastructure could help Cardano founder Charles Hoskinson safely bring FXRP into the Cardano ecosystem. Responding on X, Philion said: “Can’t comment on whether FXRP will go to Cardano, but funny you say…

Getting it rolling before the recess could put it in a potential viability for the brief window of floor time waiting in September, though election politics will be looming and other priorities will battle for lawmakers’ time. The legislation has also faced a contentious debate since the final working draft emerged this week, with members of both parties taking issue with various sections, and a large number of Democrats taking a stand against its approach to limiting senior government officials — most notably President Donald Trump — in their crypto business activities. The midterm congressional elections are in November, and…

Ripple MiCA Authorization Opens A Wider European Payments Lane Ripple has secured full MiCA authorization in Europe, giving the company a clearer regulatory path to expand crypto-enabled payment services across EU and EEA markets. The authorization applies to Ripple’s corporate payment entity and allows compliant operations under the European Union’s Markets in Crypto-Assets framework. That is an important distinction. This is not a blanket regulatory endorsement of $XRP trading itself. It is a licensing milestone for Ripple’s business activities under MiCA. Still, the development matters for $XRP watchers because Ripple’s payments business remains central to the token’s broader narrative. If…

Bitwise Chief Investment Officer Matt Hougan has dismissed concerns that MicroStrategy might be forced into a large-scale sell-off of its Bitcoin holdings. In a detailed analysis, Hougan argued that the company’s strong financial position makes such a scenario highly improbable. MicroStrategy’s Financial Position Hougan highlighted that MicroStrategy currently holds approximately $49.6 billion in Bitcoin and $2.6 billion in cash, against a total debt of about $6.8 billion. This substantial asset base, he noted, provides the company with ample capacity to cover its preferred stock dividends for an extended period using existing assets alone. New Capital Management Framework The company’s recently…

Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a potential public listing, according to a person with knowledge of the matter. FalconX has hired Wall Street heavyweight Cantor and other bankers to advise on its initial public offering (IPO), the person said, who spoke on condition of anonymity as the matter is private. The California-based company’s IPO is not expected to happen until the end of the year, given market conditions, the person added. CoinDesk previously reported that Cantor was among the firms pitching FalconX…

The price of Stargate Finance (STG) surged more than 40% in a single session on [Date of event, e.g., Tuesday], following the withdrawal of 8 million STG tokens from the exchange Gate.io. On-chain analytics firm EmberCN first flagged the movement, linking it to a single address that removed the tokens from the platform. What Drove the Sudden Price Increase? The withdrawal triggered a sharp market reaction, pushing STG from around $0.25 to over $0.36 at its peak. While large token movements from exchanges are often interpreted as bullish signals — suggesting holders are moving assets to private wallets for long-term…

The US Senate may begin considering the Digital Asset Market Clarity Act before its summer recess, but completing the crypto market structure bill by the industry’s preferred August 7 deadline appears increasingly unlikely, according to a CoinDesk report. Senate Majority Leader John Thune told reporters Thursday that he would like to at least begin the floor process. “I would like to at least get Clarity started,” Thune said. “We’ll see where the votes are.” Beginning consideration before the recess could preserve a path for the Senate to resume work when lawmakers return in September. The chamber is scheduled to begin…

Korbit, South Korea’s first homegrown crypto exchange founded in 2013, now has a new home and its a traditional finance behemoth. The exchange announced Thursday that it is now part of the Mirae Asset Group family, which reportedly had an AUM of $1 trillion as of May. The acquiring entity is Mirae Asset Consulting, an affiliate of Mirae Asset Group, which has acquired Korbit’s shares through mandated regulatory reporting procedures, becoming the largest shareholder. The announcement clarified that there are no changes to Korbit Co., Ltd., the corporation that operates Korbit. The affiliate firm also looks after the group’s hotels…

Bitcoin has bounced back sharply from its recent drop to $58,000, climbing more than 4.6% to trade around $61,250. Meanwhile, well known chart analyst Ali Martinez says several key indicators that previously signaled massive rallies are flashing once again, with both whales and retail investors increasing their buying.He suggested that the market has made its bottom, now it’s time to rally hard. Bitcoin Near the 200-Week SMA, Has Been a Buying Zone According to crypto analyst Ali Martinez, Bitcoin has only traded below its 200-week Simple Moving Average (SMA) a few times in its history, and each time it marked…

Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a “shift away from dollar-based systems,” according to crypto financial services company Fidelity Digital Investments. Tehran’s acceptance of $BTC for oil shipments passing through the Strait of Hormuz represents the emergence of “alternative settlement mechanisms,” according to the company’s just-released “Six Key Trends Shaping Digital Assets in 2026” report. Accepting Bitcoin for shipping toll payments is evidence that the biggest cryptocurrency could replace the US dollar as the global reserve currency because of its neutral, confiscation-resistant and…