Author: NBTC

Andy Burnham, the Labour mayor of Greater Manchester and one of the few senior British politicians to openly embrace cryptocurrency and Web3 technologies, is poised to become the next UK prime minister on July 20, according to a report from France 24. He will succeed Keir Starmer, becoming the seventh UK prime minister in the past ten years. Who Is Andy Burnham? Burnham has served as the mayor of Greater Manchester since 2017, following a career as a Labour MP and cabinet minister under Prime Ministers Tony Blair and Gordon Brown. He held key roles including Secretary of State for…

The new financial product coming out of Robinhood Markets may be its most politically cautious yet. The brokerage is working with the U.S. government to design investment accounts for children born between 2025 and 2028, labeled “Trump Accounts.” It’s a move that would have been unthinkable during the platform’s GameStop-fueled volatility. According to a report published by WuBlockchain, CEO Vlad Tenev confirmed the collaboration in an interview, adding that the company is determined to move beyond its meme-stock reputation. Tenev used the forum to push back against years of criticism that Robinhood turns retail investing into gambling. He argued that…

Developer activity keeps serving as a key factor to indicate the health of the blockchain network. This data still reflects innovation, long-term sustainability, and community engagement. Based on the data from Santiment, Ethereum, $BNB Chain, and Polygon are the leading blockchains in terms of developer activity. The other prominent players include Arbitrum, Optimism, Solana, Cosmos, Avalanche, Harmony, and Cardano. Ethereum Continues to Dominate 30-Day Developer Activity Ethereum is the top name on the list of key blockchains in line with developer activity. Over the past thirty days, the blockchain has recorded 263.3K developer activity events with a 40.29% decline. Additionally,…

Ethereum price is heating up at a time when much of the crypto market remains range-bound. Behind the latest recovery, institutional investors are steadily accumulating through spot ETFs, while a mysterious whale has deployed nearly $50 million into $ETH. As buying pressure builds around a key technical level, Ethereum is approaching a breakout that could redefine its short-term market structure. Whales and ETF Investors Are Quietly Accumulating $ETH Ethereum’s latest rally appears to be backed by institutional conviction rather than speculative trading. According to Lookonchain, three newly created wallets, believed to belong to the same entity, accumulated 25,425 $ETH worth…

Federal Reserve Chair Kevin Warsh enters this week’s policy meeting with traders pricing a rate increase. Renewed fighting between Iran and the United States has pushed crude oil above $100 a barrel, raising fears that energy costs will feed into inflation. The meeting starts on Tuesday and will be Kevin’s second as Fed chair. One week ago, futures markets placed the chance of a quarter-point increase below 10%. By Friday, that probability had climbed to 36%. Investors now fully expect one increase by September. They also expect one or two more quarter-point hikes within nine months. Oil has been unstable…

Shiba Inu’s weekly burn rate has jumped 491%, with 37.52 million $SHIB burned in this timeframe. This information was presented in Shibburn’s latest burn update on its website. The weekly burn rate increase follows a week marked by selling, with major cryptocurrencies reaching their weakest levels in months and even years. Shiba Inu fell to never-before-seen levels, reaching a low of $0.0000044 early Saturday as the crypto market selloff intensified following Friday’s strong jobs report. According to the Shibburn website, 37.52 million $SHIB were burned in the last seven days, with the Shiba Inu weekly burn rate up 491%. In…

Brazil’s securities regulator, the Comissão de Valores Mobiliários (CVM) said it created a working group to draft an experimental framework for tokenized securities. The regulator said the framework will cover the registration, custody, trading and settlement of securities using distributed ledger technology. The group must send its first proposal to the CVM’s board within 60 days of being formally installed, while a broader review will run for 120 days, with a possible 30-day extension. The group brings together 14 CVM departments and may consult government agencies, market associations, self-regulatory bodies and outside specialists. It will also review cybersecurity risks, international…

As Hyperliquid ($HYPE) continues to make waves in the crypto market, pulling strong price moves and impressive network activity, the altcoin has finally outpaced $XRP in the derivatives market. Latest data from Coinglass shows that $HYPE has overtaken $XRP in crypto futures open interest, claiming the fourth largest open interest, a position previously held by $XRP. $HYPE OI hits $1.45 billion The data shows that $HYPE now has a massive $1.45 billion in futures open interest, surpassing $XRP, which is currently sitting at $1.12 billion. While open interest typically measures the total value of active futures contracts that have yet…

Stable exempts $USDT transfers from gas. Plasma ships zero-fee sends. Sui made stablecoin transfers free at the protocol level. Every coverage of every launch asks the same question in passing, someone still pays for blockspace, and then moves on. This guide stops and answers it: five funding models, their failure modes, and how to tell which one your free lunch runs on. Table of Contents The cost that does not go away The five models The card-network precedent, taken seriously Reading a chain’s answer Frequently Asked Questions Crypto has finally built the thing it spent a decade promising: sending digital…

Michael Saylor has teased again with his recent X post amid a flurry of discussion about Strategy. Posting the usual orange dot chart on Strategy’s Bitcoin [$BTC] purchase, Saylor said, Source: Michael Saylor/X Considering the trend, this could indicate that Strategy will buy Bitcoin for the 113th time. Since the last update, Strategy has made 112 purchases, increasing its total Bitcoin holdings to 846,842 $BTC, which is valued at $54.3 billion. Data from BitcoinTreasuries.NET shows that since the 11th of August 2020, there has only been one sell-off in this period. For those unaware, Strategy had sold 32 $BTC on…