Author: NBTC

Keyrock, a digital-asset services firm, acquired the trading and brokerage assets of BlockFills’ institutional digital asset business, bolstering its push into institutional crypto markets, the company said in a press release Thursday. The completed transaction adds BlockFills’ client relationships, trading technology and derivatives expertise to Brussels-based Keyrock’s existing businesses spanning market making, over-the-counter (OTC) trading, options, credit, onchain services and asset management. CoinDesk reported in June that Keyrock was in the process of acquiring Chicago-based crypto trading and lending firm Blockfills. According to a bankruptcy filing, Keyrock agreed to pay $3.25 million for substantially all of BlockFills’ assets, while assuming…

Strive, Inc. bought 17.76 bitcoin last week and now holds 19,882 coins, the company said in a Form 8-K filed earlier today. The firm purchased the coins between June 29 and July 2 at an average price near $59,850. Chief Executive Matt Cole disclosed the update in a post on X. The purchase reads as a deliberate nod to the July 4 holiday. The figure of 17.76 points to 1776, the year the United States declared independence. The buys landed days before the nation’s 250th anniversary of that declaration. The weekly buy was small. The quarter behind it was not.…

Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average and the kind of supply-side move traders typically read as accumulation, according to Nansen. Nansen’s data complicates that reading, as top-PnL wallets sold a net $64 million over the past seven days, and smart traders and whale accounts on Hyperliquid perpetual futures both hold net short positions. “Smart traders” held $38 million net short, and whale wallets added another $21 million net short on top of that. Those are cohorts the market treats as genuinely informed traders, which…

Pendle has announced a significant milestone with a total of over 100 million $PENDLE tokens staked, which accounts for approximately 36% of its total supply. This achievement was shared on the project’s official Twitter account, highlighting the growing interest in Pendle’s staking mechanism and its impact on the ecosystem. You can find more details in the official announcement here. The Latest The broader crypto market is currently exhibiting mixed signals, yet Pendle stands out with its recent staking milestone. The announcement underscores a substantial increase in user engagement, as the total tokens staked have now surpassed 100 million. This comes…

The following is a guest post and guest post from Yuliya Barabash, Founder and Managing Partner at SBSB Fintech Lawyers. MiCA may make Europe safer, but it also risks making it smaller. In its effort to impose order on crypto, the EU is building a regulatory framework that many early-stage startups simply cannot afford to comply with. Yet in pursuing either control or freedom, both sides are missing what actually makes the market work. MiCA is not perfect, and it is certainly not cheap, but that is precisely why it matters. In a crypto market long defined by regulatory arbitrage,…

Morgan Stanley’s E*TRADE platform has launched spot cryptocurrency trading, allowing eligible clients to buy, sell and hold Bitcoin, Ether and Solana through a partnership with crypto infrastructure provider Zero Hash. Clients can view their crypto holdings alongside stocks and other traditional investments on the E*TRADE platform, while transfer functionality for moving digital assets on and off the platform is expected later this year. The self-directed channel served 8.6 million households and held about $1.56 trillion in client assets as of March 31, according to Morgan Stanley’s latest financial supplement. According to Thursday’s announcement, trades carry a 50-basis-point fee, while custody…

According to the data, Ethereum has outperformed Bitcoin and major altcoins this week, significantly outperforming Bitcoin in terms of returns. One of the reasons cited is the Layer 2 network ‘Robinhood Chain’, launched in early July by the US-based brokerage firm Robinhood. The fact that Robinhood Chain runs on Ethereum and handles over $800 million in daily $ETH-based DEX transaction volume is considered positive for $ETH performance. At this point, Robinhood Chain is seen as a turning point for institutional $ETH adoption. However, uncertainty remains about how this development will affect Ethereum’s value. Alex Gluchowski, developer of the Ethereum scaling…

Charles Hoskinson believes the network’s Ouroboros Leios upgrade will increase transaction capacity, positioning Cardano alongside some of the industry’s fastest blockchain networks, including the $XRP Ledger (XRPL). Hoskinson made the assertion during a virtual interview with David Gokhshtein on The Breakdown podcast. During the discussion, he revealed that Leios technology could boost Cardano’s throughput by as much as 60 times its current capacity. “Leios will be 60x in terms of throughput inside the system,” he said, highlighting the upgrade’s potential to significantly increase the number of transactions Cardano can process per second. If Cardano reaches that level, Hoskinson believes the…

Gabriel Perez, a technical assistant who operates Trump’s teleprompter, is reportedly in settlement talks with the Commodity Futures Trading Commission over allegations he placed winning bets on Kalshi’s “Mentions” markets, ABC News reported. Those markets let users bet on whether a speaker will say specific words or phrases during a public address. CFTC investigators found Perez placed bets on more than a dozen Trump speeches over roughly three months, ABC News reported, citing sources familiar with the matter. The speeches included the February State of the Union address, a December primetime address, a January speech at the World Economic Forum…

Following Binance’s European changes, self-custody reportedly attracted most user withdrawals, underscoring growing demand for direct crypto asset control. Binance switched off the lights for its European users this July. Financial experts and regulators predicted that all those stranded traders would shuffle over to another regulated exchange, sign up, pass the checks, and carry on as before. That is how the story was supposed to play out according to regulators. Rules tighten, one venue closes, users file politely into the next approved CEX down the road. But that’s not what played out. By Binance’s own count, 70% of the funds pulled…