Author: NBTC

Standard Chartered has secured a MiCA passport as the European Securities and Markets Authority has added 57 newly authorized crypto firms to its register following the end of the EU’s transition period. According to the European Securities and Markets Authority (ESMA), its latest interim register now lists 300 authorized crypto-asset service providers, up from 243 on June 26, after a wave of approvals arrived around the July 1 Markets in Crypto-Assets deadline. The updated list includes major banks, institutional trading firms, and digital asset companies that can now offer regulated services across the European Union under a single authorization. Standard…

Spotify has demanded that Kalshi remove its logo from the prediction market platform after manipulated streams influenced the settlement of a Spotify-based betting market. According to a Bloomberg report, Spotify has asked both Kalshi and Polymarket to remove its branding from their platforms and make clear that neither company has any partnership with the music streaming service. The request follows the discovery of manipulated streaming activity that affected a prediction market tied to Spotify’s monthly U.S. music charts. Spotify reportedly detected and removed more than 500,000 artificial streams that pushed Malcolm Todd’s song Earrings into the platform’s most-streamed tracks in…

CantonNetwork is making headlines as a widely shared post highlights that Broadridge’s Distributed Ledger Repository (DLR) processes an impressive $7.5 trillion in monthly repo volume on its platform. This translates to an average of $357 billion per day, underscoring the platform’s significant role in financial transactions. The announcement comes amidst a backdrop of mixed signals in the broader crypto market. Inside the Move The recent tweet from @CantonNetwork, amplified by Kaiko, reveals the substantial monthly repo volume processed through Broadridge’s DLR, marking a pivotal moment for CantonNetwork. This transaction volume not only reflects robust demand but also positions CantonNetwork as…

Bitcoin recovered sharply in early July, but traders are still waiting for confirmation that the rebound can turn into a broader trend reversal. On July 6, Bitcoin rose to $64,657 on Bitstamp, up 11.7% from the sub-$58,000 level reached on July 1. A pullback followed, with $BTC falling to $62,417 by July 8. The move came as U.S. stocks also weakened. The S&P 500 fell by 0.6%, while the Nasdaq 100 dropped by 2.1%. Chipmakers were among the biggest contributors to the decline, with Micron Technology losing more than 9%. Despite pressure from equities, Bitcoin avoided a much deeper pullback.…

“That’s when the deflationary impulse from falling oil prices should remind everyone that the Fed isn’t going to hike and that – if anything – the next move will be a cut,” Robin Brooks, a senior fellow at the Brookings Institution and former chief economist at the Institute of International Finance, said in a report. If the currency’s strength is under question, then the barrier to bitcoin rising further also looks weaker. The two are known to be inversely correlated. Some observers, however, are calling for caution, saying the market is overestimating the impact of oil prices on inflation. Elevated…

Institutional stablecoin adoption is accelerating on Stellar, with growing support from projects involving $USDC, MoneyGram and PayPal, reinforcing the network’s role in digital payments. More than $3.3 billion in tokenized real-world assets (RWAs) now operate on Stellar, strengthening its position as a blockchain for financial settlement. Protocol 27 aims to improve smart accounts, wallet functionality and developer tools, supporting the next stage of Stellar’s ecosystem growth. Institutional stablecoin adoption continues to expand across the crypto sector, and Stellar is becoming one of the primary networks benefiting from that trend. The growing use of blockchain-based payment infrastructure has placed $XLM payments…

Europe’s securities regulator has warned that prediction market contracts offered in the European Union could already fall under existing financial rules, potentially triggering a long-standing retail ban on binary options. According to the European Securities and Markets Authority (ESMA), firms offering event-based contracts in the European Union must assess whether those products qualify as financial instruments under the Markets in Financial Instruments Directive II (MiFID II). If they do, the regulator said, the EU’s retail restrictions on binary options introduced in 2018 would automatically apply. The July 3 statement does not introduce new legislation. Instead, ESMA clarified that the existing…

Robinhood Europe has updated its Specific Information Document, listing a broader set of perpetual futures products for eligible users in the European Union. The update includes crypto perps tied to $XRP, Cardano, Sui, Solana, Bitcoin, Ethereum, Dogecoin, Avalanche, Chainlink, Hyperliquid, Bittensor, Aster, and PAX Gold. The company also expanded perpetual futures in Europe beyond crypto. Eligible users can trade perps linked to commodities, ETFs, and foreign exchange markets with leverage of up to 10x. The update follows Robinhood’s London event, “Robinhood Presents: The World is Flat,” where the company announced new products across derivatives, tokenized stocks, decentralized finance, and artificial…

Lighter has achieved a significant milestone, surpassing $10 million in total value locked (TVL) on the Robinhood App Chain. This achievement was highlighted in a recent tweet from Token Terminal, underscoring Lighter’s growing traction in the market. You can view the announcement here. Inside the Move Lighter is making its loudest move in weeks, and the numbers tell the story. The total value locked in the Lighter project on the Robinhood App Chain has exceeded $10 million, signaling a surge in user interest and engagement. As the broader crypto market displays mixed signals, this achievement reflects a positive sentiment towards…

Escalating tensions in the Middle East and renewed concerns about a potential war between the US and Iran have profoundly shaken global financial markets, including the cryptocurrency world. With the rise in geopolitical risks, the leading cryptocurrency, Bitcoin (BTC), experienced a sharp decline, falling to the $62,000 level. Analyzing the sudden volatility and behind-the-scenes developments in the cryptocurrency markets, Bitwise Chief Investment Officer (CIO) Matt Hougan answered critical questions from investors during a live broadcast. Related News A Crypto Exchange’s Scam Has Been Exposed: Withdrawal Issues Are Being Reported While Bitcoin has traditionally been positioned as a “safe haven” or…