Author: NBTC

Crypto card usage has skyrocketed over the past year and cumulative volumes are rising rapidly. This week on July 20, users spent $36.82 million in a single day as per Paymentscan. This is the highest single day volume ever recorded. Source: Paymentscan The number alone is only one side of the story. The other half is which card program briefly sat on top of the pile. KAST drew in $13.64 million that day, going past RedotPay’s $12.8 million and grabbing the number one spot for the first time. That said, this lead did not last for more than a day.…

Stablecoins have quietly become one of the biggest growth stories in crypto, and Arbitrum is emerging as one of their largest homes. The Ethereum Layer-2 network now holds roughly $4 billion in stablecoin supply, making it one of the largest stablecoin ecosystems across Ethereum scaling networks. Now, Spark Savings has expanded support for USDT0, joining USDC and USDS, meaning its ERC-4626 vaults now cover more than 90% of all stablecoins circulating on Arbitrum. The milestone isn’t simply another token integration. It reflects a broader shift in DeFi, where protocols are increasingly competing to become the default destination for idle stablecoin…

In brief Quantum industry leaders said Trump’s executive orders could strengthen U.S. leadership in the sector. Researchers said the administration’s timelines better reflect recent advances in quantum computing. Bitcoin faces growing pressure to prepare for a post-quantum future, but migration efforts remain in the early stages. President Donald Trump’s executive orders accelerating the federal government’s transition to post-quantum cryptography by 2031 are drawing support and criticism from researchers who say Washington is adjusting its plans to match a rapidly changing quantum landscape. The executive orders signed by Trump on Monday move the federal deadline for adopting post-quantum cryptography from 2035…

Since February, Ethereum has been ‘cheap’ after the price slipped below its overall cost basis of $2.3K. This means more holders are at a loss, which reduces selling pressure and downside risks. However, crypto analytic firm CryptoQuant cautioned that a durable bottom could still be elusive in the medium term. According to the firm, the final market cycle bottom could happen if $ETH tags $1.15K, citing a 2022 pattern based on the Realized Price Bands metric. Source: CryptoQuant During the 2022 bear market cycle, the altcoin marked a true bottom after hitting the lower band of the metric (dotted green…

A large cryptocurrency investor, commonly referred to as a ‘whale,’ has placed a substantial bet of approximately $328,000 on the prediction market platform Polymarket, wagering that former Brazilian President Luiz Inácio Lula da Silva will win the 2026 Brazilian presidential election. The trade was first flagged by PolyBeats, a service that tracks large positions on the platform. Details of the Whale Trade According to on-chain data, the whale entered the position when the market probability of a Lula victory stood at around 49.2%. Since then, the implied probability has dropped to 40.5%, meaning the whale is currently sitting on an…

Crypto markets spent the early part of June in a steep corrective phase. Both Bitcoin and Ethereum touched multi-week lows as selling pressure intensified across exchanges. It was exactly at this juncture that on-chain data revealed a notable shift in whale behavior around Coinbase’s liquid staking derivative, cbETH. According to a Santiment market note, the number of cbETH transactions exceeding $100,000 surged to 185 in a single day on June 8—the highest level since January 9. Coinbase Wrapped Staked $ETH (cbETH) is a liquid staking token that represents staked Ether on Coinbase, allowing holders to earn staking rewards while maintaining…

A highly publicized financial clash has erupted over Donald Trump’s crypto ventures, pulling Justin Sun’s digital asset dealings back into the spotlight. Justin Sun’s $75 Million Rescue of $WLFI The Guardian reports that at least $1.4 billion of Donald Trump’s estimated $2.2 billion income last year originated from cryptocurrency businesses. Observers suggest that nearly $200 million of investments from Sun helped enable the Trump family fortunes. A significant portion of this support materialized in World Liberty Financial, a company co-run by Trump’s sons. This specific venture is managed by Donald Jr., Eric, and Barron, alongside Zach Witkoff. Launched in September…

Solana remains the leading venue for DEX activity, surpassing other chains and some centralized exchanges. Activity in the past month got a boost from Meteora, as well as PumpSwap trading. Solana is still carrying the biggest share of spot DEX volumes, at around 20% of total activity. The network is far from its peak activity during the 2021 boom, but keeps up a stable baseline level. Solana still has a leading share of DEX activity, driven by a mix of memes and tokenized security trading. | Source: DeFi Llama Top Solana DEXs have also surpassed most centralized exchanges, including Bybit.…

Injective is making a calculated move to sit at the intersection of blockchain infrastructure and traditional finance. The company just unveiled the Injective Mint platform, a unified issuance system for institutional-grade tokenized assets that arrives with compliance built directly into its architecture — not bolted on as an afterthought. The launch signals something more than a product announcement: it marks a concrete bid to pull regulated financial markets onchain at scale. Key takeaways Injective Mint is a new unified platform for issuing institutional-grade tokenized assets with regulatory rails and compliance controls built in. The platform supports equities, bonds, ETFs, international…

Bitcoin critic Peter Schiff has pushed back against Grant Cardone’s claim that real estate investment trusts, or REITs, should hold Bitcoin on their balance sheets. In a series of posts on X, Schiff argued that real estate businesses already generate rental income to cover repairs, maintenance, and other operating costs, making Bitcoin unnecessary for those purposes. Responding directly to Cardone’s comments, Schiff dismissed the idea that Bitcoin can solve financial challenges in the REIT sector. He wrote, “REITs don’t need Bitcoin to cover maintenance, repairs, or capex. REITs deduct operating expenses before calculating taxable income, and depreciation reduces the income…