Author: NBTC

SBI Holdings CEO Yoshitaka Kitao confirms plans to invest up to $1.25 billion in the Ripple IPO, predicting a possible timeline for the firm to go public. He shared this during SBI’s latest Information Meeting, where he explained how the company plans to spread its investments over time. According to Kitao, Ripple could eventually go public over the next 12 years. Key Points SBI CEO plans up to $1.25B investment in Ripple IPO and predicts a possible public listing within 12 years. SBI has been Ripple’s key partner since 2016, holding about a 9% equity stake. Ripple says it has…

Shibarium experienced a 100% jump in transactions, with activity surging over four days from June 10 to June 13. According to Shibariumscan, daily transactions rose from 1,300 on June 10 to 2,600 on June 13, marking a 100% increase. The latest rise doesn’t come as too much of a surprise, as this follows a trend that has been seen since late May, where transactions rise, albeit the increases weren’t sustained. In late May, Shibarium saw its transactions rise as much as 7,220 but saw a sharp drop thereafter. The trend repeated itself on four more occasions between late May and…

The Bitcoin Policy Institute (BPI) has filed a motion seeking permission to intervene in a New York lawsuit in which anonymous plaintiffs are attempting to claim ownership of 39,069 allegedly abandoned Bitcoin wallets. The organization argues that the plaintiff’s claims are both legally and technically flawed and warns that a favorable ruling could undermine the property rights of Bitcoin holders, including those who deliberately hold assets for years without moving them. 🟠 BITCOIN POLICY INSTITUTE INTERVENES IN ‘NOAH DOE’ CASE big development in ‘noah doe’ “abandoned bitcoin” case in which an anon is seeking to gain legal title over satoshi’s…

Bitwise CIO Matt Hougan said that Strategy should no longer be seen as merely a one-way buyer in the Bitcoin market. According to Hougan, the company’s newly announced capital framework allows it to meet its obligations by converting its Bitcoin assets into cash when necessary. Hougan stated that the recent sharp volatility in STRC and the pullback in MSTR shares resemble the classic leverage unwinding seen at the end of cycles in cryptocurrency markets. The Bitwise executive argued that this process was previously observed in the unwinding of the GBTC premium, where excessive leverage was removed from the system. Hougan…

Ethereum has climbed above $1,930 before retreating toward $1,850, as an early-week rally driven by ETF inflows and easing macro expectations has given way to renewed geopolitical and macroeconomic pressure. CoinGecko data showed Ethereum ($ETH) touched an intraday high of about $1,931 on July 15, its strongest level in weeks, before slipping to around $1,850 over the past 24 hours. The token was down roughly 3.5% on the day at the time of writing, although it remained more than 4% higher over the past seven days. Several factors combined to fuel the initial advance. Softer-than-expected US economic data, including weaker…

Ethereum co-founder Vitalik Buterin has reposted an earlier proposal he made to ditch the U.S. dollar as the default reference point for stablecoins. He suggests that users hold personalized baskets of prediction market shares tied to their own spending patterns instead. The proposal by Vitalik follows a trend where more countries are choosing to conduct their trades in non-dollar settlement alternatives. These alternatives have ranged from TradFi proposals such as BRICS currencies to decentralized finance experiments. What did Vitalik Buterin propose? Vitalik Buterin recently reposted an idea he first outlined months earlier on the social media platform X in a…

$XRP broke higher, while activity across payments, tokenization, liquidity, and settlement continues to expand. Ongoing adoption and development point to utility beyond short-term price movements. Key Takeaways: $XRP price action has shifted after a sharp rebound, while activity continues across payments, tokenization, liquidity, and settlement. Ripple’s payments expansion and $RLUSD remain part of the $XRP adoption discussion. The executive pointed to institutional use, developer activity, and settlement demand beyond price moves. $XRP Utility Expands as Price Rebound Draws Market Attention $XRP’s recent price rebound followed earlier weakness but has not changed the broader activity tied to the asset, according to…

Sometime in the week of July 13, according to people briefed on the negotiations, Senate staff will release a unified draft of the Digital Asset Market Clarity Act, merging months of parallel work by the Banking and Agriculture Committees into a single text reportedly more than 70 pages longer than either predecessor. Floor action is targeted for the week of July 20. The Senate leaves for its August recess on the 7th, and a defense spending bill is competing for the floor time in between. Senator Cynthia Lummis, the chamber’s lead crypto legislator, has stated the stakes without decoration: this…

Most European users who withdrew assets from Binance after its EU service suspension chose self-custody instead of regulated exchanges. Binance co-CEO Richard Teng said roughly 70% of withdrawals moved into private wallets, while only 30% reached MiCA-licensed trading platforms. The trend suggests many users prioritized direct control over their digital assets despite the European Union’s push for stronger oversight under its Markets in Crypto-Assets framework. Consequently, the migration has renewed debate about whether tighter regulations can achieve their intended consumer protection goals. Teng Questions MiCA’s Practical Impact Teng argued that funds held in self-custodied wallets no longer remain within regulated…

A blockchain address widely believed to be associated with venture capitalist Tim Draper deposited 1,000 Bitcoin, valued at approximately $61.82 million, into Coinbase Prime roughly seven hours ago, according to on-chain tracking firm Lookonchain. The transaction has drawn renewed attention to one of the most famous government Bitcoin auctions in history. Background of the Silk Road Bitcoin Auction In 2014, the U.S. Marshals Service auctioned approximately 29,656 Bitcoin seized from the Silk Road darknet marketplace. Tim Draper, a prominent venture capitalist known for early investments in companies like Skype and Tesla, emerged as the winning bidder. He acquired the entire…