Author: NBTC

Today, TRON DAO announced the launch of its H1 Research Report, which focuses on how TRON is evolving into an infrastructure layer for applications. This announcement was amplified by a widely shared post from @trondao, emphasizing the project’s commitment to enhancing its ecosystem. What Went Down The broader crypto market is currently exhibiting mixed signals, as many assets experience varying momentum. Amidst this backdrop, TRON’s announcement regarding its H1 Research Report stands out, highlighting a strategic pivot towards becoming a foundational layer for decentralized applications. This move signifies TRON’s ambition to enhance its utility and competitiveness within the multichain ecosystem,…

MiCA’s Current Implementation Leaves EU Users ‘Unprotected or Cut Off’ While the implementation of full Markets in Crypto Assets (MiCA) provisions has closed the gap regarding the operation of unlicensed exchanges in Europe, it has also brought major disruptions to the stablecoin ecosystem due to its restrictive licensing approach for issuers. Patrick Hansen, Senior Director of EU Strategy & Policy at Circle, raised concerns about the state of the regulated stablecoin ecosystem in Europe and how the current framework leaves European customers outside the safety nets that MiCA provides. Hansen explained that MiCA has led to the licensing of 35…

Bridge Building, the Luxembourg-based entity behind Stripe-owned stablecoin infrastructure company Bridge, has joined the European Union’s Markets in Crypto-Assets Regulation (MiCA) register after receiving regulatory approval in Luxembourg. Bridge’s inclusion brings the number of MiCA-authorized electronic money token (EMT) issuers in the EU register to 42, according to the latest European Securities and Markets Authority (ESMA) update published on Wednesday. The addition came weeks after Bridge announced on July 2 that it had secured a Crypto-Asset Service Provider (CASP) authorization under MiCA and an Electronic Money Institution (EMI) licence from Luxembourg’s Commission de Surveillance du Secteur Financier. Bridge’s Head of…

Institutional demand for Ethereum [$ETH] eased slightly ahead of U.S. inflation data and rising oil prices. The U.S. spot $ETH ETFs saw $14.59 million in daily net outflows on the 10th of August. This broke its recent four days of consecutive outflows. Source: SoSo Value Will selling pressure keep $ETH stuck below $2K? Besides the slow institutional appetite, there was a broader uptick in selling pressure across exchanges. According to CryptoQuant data, the weekly Exchange Netflow has been climbing higher in August. The metric tracks the net difference between $ETH entering exchanges and $ETH being moved out. A positive and…

Solana made waves today with the announcement that @Beezie is now live on its platform. This development underscores Solana’s ongoing efforts to expand its ecosystem and attract diverse applications, enhancing its functionality for users. The official announcement can be viewed on Solana’s Twitter page. The Story So Far Traders scanning the order books got a surprise when Solana revealed that Beezie is now operational on its network. The crypto market has been in a phase of aggressive trading recently, and this announcement is expected to further bolster Solana’s position amid a growing ecosystem. As traders react to the news, the…

Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line. Cuomo, who is also the director of crypto exchange OKX, said that Democrats and Republicans were mainly locking horns over the ethics language in the bill. A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. The bill was passed by the House of Representatives last year but sticking points remain. “We need clarity,” Cuomo said…

A wallet reportedly associated with crypto market maker Amber Group has withdrawn approximately $9.97 million worth of digital assets from Binance, according to blockchain monitoring service AmberCN. The transaction, which occurred about six hours ago, involved five different tokens, with $ENA, $AAVE, and $ETH comprising the bulk of the value. Transaction Details The withdrawal included 38.89 million $ENA tokens valued at around $3.58 million, 28,262 $AAVE tokens worth approximately $2.52 million, 1,140 $ETH (about $2.18 million), 2,017 BNB (roughly $1.20 million), and 59,202 LINK tokens valued at $490,000. The combined value of the assets is close to $10 million. Large…

BlackRock is close to launching a bitcoin fund that pays an income. The world’s largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the ticker BITA. The income comes from options. The fund holds bitcoin and shares of IBIT, BlackRock’s $47 billion spot bitcoin ETF. Each month it sells call options on those IBIT shares. A call option gives the buyer the right to purchase the shares at a set price. The fund collects a fee, called a premium, for selling…

An anonymous cryptocurrency whale has continued its aggressive accumulation of Ethereum, withdrawing another 9,000 $ETH—worth approximately $16.87 million—from the Gemini exchange, according to blockchain tracking platform The Data Nerd. This latest transaction brings the whale’s total purchases over the past month to roughly 121,000 $ETH, valued at about $227 million. Whale Accumulation Pattern The whale’s activity, which has been closely monitored by on-chain analysts, shows a consistent pattern of large-scale withdrawals from centralized exchanges. Such moves are often interpreted as a bullish signal, as they typically indicate that the investor intends to hold the assets long-term rather than trade them…

RippleX is the developer ecosystem team inside Ripple (@Ripple) that supports builders on the $XRP Ledger (XRPL). It is not a separate company and not a token, but the unit that writes tooling, proposes protocol upgrades, funds grants, and runs programs so outside developers can ship on XRPL faster. Here is the interesting part: the $XRP Ledger does not need Ripple’s permission to run, yet a large share of what has shipped on the ledger since 2018 traces back to this one team. That makes RippleX one of the most consequential names in the $XRP ecosystem that casual holders rarely…