Author: NBTC

Ripple is getting ready to unlock 1 billion $XRP from escrow tomorrow, August 1, worth about $1.08 billion based on the $XRP price of $1.08 at the time of writing. The upcoming unlock is part of Ripple’s long-standing escrow schedule, according to which the company typically unlocks 1 billion $XRP on the first day of each month. With the token’s circulating supply currently at about 62.52 billion $XRP, the new release will increase it by roughly 1.6%, although Ripple is likely to return a large portion of the unlocked tokens to escrow. How much $XRP will Ripple unlock tomorrow? Indeed,…

Perpetual swaps, also called perpetual futures or “perps” for short, are the dominant trading instrument in the crypto market, processing an estimated $40 to 50 trillion a year in volume. They dwarf spot trading, and they are the product that professional traders, hedge funds and retail speculators reach for when they want leveraged exposure to the price of bitcoin or tther without owning the underlying asset. Despite their ubiquity, the mechanics that make them work are not widely understood. To understand perps, it helps to understand what came before them. In traditional finance, leveraged exposure to an asset typically comes…

The supply of Bitcoin held on major cryptocurrency exchanges has fallen to its lowest level since 2020, according to data from crypto research firm AlphaFractal. As of June 15, the Bitcoin Exchange Flux Balance — an on-chain metric that tracks the cumulative change in total $BTC held across major trading platforms — stood at approximately 2.56 million $BTC. This marks the lowest figure recorded since the beginning of the current decade. What the Data Shows Over the past 12 months, the exchange balance has declined from roughly 3 million $BTC, indicating that about 440,000 Bitcoin has been withdrawn from exchange…

Hong Kong’s Securities and Futures Commission has authorized Baillie Gifford’s Enhanced Yield Fund, the city’s first fully native tokenized fund for professional investors, the company announced Wednesday. The Baillie Gifford Enhanced Yield Fund (BAGEY) is an actively managed fixed-income fund invested in short-duration government and corporate bonds. Built with BNY, BAGEY is issued natively on Ethereum and Solana, with investors holding the fund directly onchain and the blockchain serving as the official ownership register. Eligible investors can subscribe and redeem using fiat currency or USDC, while the fund also supports T+0 redemptions for up to 10% of NAV and provides…

Pump.fun cut employees shortly before their $PUMP token grants were due to vest, according to a Sandmark investigation. Documents and recordings reviewed by the publication indicate that at least one former employee lost a token allocation now worth seven figures. After rapid expansion, the leading Solana meme coin launchpad laid off employees in late March and early April, the report says. In a recorded meeting, Pump.fun’s co-founder Noah Tweedale told employees that the layoffs were necessary because the company had expanded too quickly. Workers whose contracts ended in early April reportedly received severance based on tenure, but many were dismissed…

Singapore’s financial regulator wants banks to report their “cryptos,” but the instruction has nothing to do with disclosing Bitcoin, Ethereum or other digital-asset holdings. TL;DR Banks must catalogue their cryptographic assets. “Cryptos” does not mean cryptocurrencies. Phased requirements arrive later in 2026. Vulnerable systems will migrate by priority. Crypto networks face similar security risks. In this case, “cryptos” refers to cryptographic assets: the encryption keys, digital certificates, signatures and algorithms protecting customer information, payment instructions and communication between financial institutions. The Monetary Authority of Singapore will issue formal supervisory expectations later in 2026, according to Channel News Asia. Banks will…

Grayscale, the issuer of the spot Bitcoin ETF (GBTC), has deposited 1,863 Bitcoin—valued at roughly $124 million—into a Coinbase Prime wallet, according to blockchain tracking firm Onchain Lens. The transaction, observed on-chain, is part of the standard operational process for managing the firm’s ETF product, typically used to facilitate share redemption settlements tied to fund outflows. Understanding the On-Chain Transfer Large-scale transfers between ETF issuers and custodial or prime brokerage platforms like Coinbase Prime are routine in the digital asset management space. These moves are often triggered by investor redemptions: when GBTC shares are redeemed, the corresponding Bitcoin must be…

Yesterday’s lower-than-expected CPI data triggered an upward movement in Bitcoin and altcoins. In this context, $BTC rose above $64,000, while Ethereum and other altcoins also saw significant increases. The lower-than-expected CPI data marks the strongest monthly decline since April 2020, with experts noting that the drop in energy prices is the most significant reason for the slowdown in inflation. Related News BREAKING! Critical US Inflation Data Released! What Was Bitcoin’s ($BTC) Initial Reaction? Following the CPI data, investors’ expectations regarding the Fed’s monetary policy have been reshaped. Prior to the CPI release, the probability of a Fed interest rate hike…

Cardano founder Charles Hoskinson has been named as one of the speakers for the 2026 Wyoming Blockchain Symposium. In a recent post, the official SALT X account made a speaker announcement for the 2026 Wyoming Blockchain Symposium, scheduled for August 17 to 20: Charles Hoskinson, Cardano creator and Chief Executive Officer and Founder of Input Output Group. Speaker Announcement for the 2026 Wyoming Blockchain Symposium, August 17-20: Charles Hoskinson (@IOHK_Charles), Chief Executive Officer & Founder, Input Output Group pic.twitter.com/YFNsUdUYeQ — SALT (@SALTConference) July 30, 2026 Hoskinson joins an elite lineup of speakers including SEC Chairman Paul Atkins, Michael S. Selig,…

Russia’s central bank has taken a significant step toward formalizing cryptocurrency trading within the country by releasing a draft regulatory framework. The proposed rules, reported by The Block, establish specific capital requirements for crypto custodians and outline operational standards for custody and record management. Capital Requirements for Crypto Custodians Under the draft, firms acting as crypto custodians would be required to hold equity capital ranging between 50 million and 250 million rubles. The exact amount depends on the scope of their operations and the volume of assets under custody. The central bank’s proposal also mandates additional requirements for secure custody…