Author: NBTC
As debates over tax regulations in the cryptocurrency markets reignite, a new draft text concerning Bitcoin mining in the US has raised concerns within the industry. Industry representative Conner Brown stated that the latest regulatory proposal, instead of solving the “double taxation” problem on Bitcoin mining, preserves it as it is, which he described as a significant step backward. According to Brown’s assessment, the new draft only offers tax improvements for staking activities, while Bitcoin mining is excluded. The draft text provides a certain “de minimis” exemption for stablecoins but does not include Bitcoin. Furthermore, while regulations are planned for…
Fresh discussion in the $XRP community has reignited questions about whether Coinbase once demanded millions of dollars from Ripple to list $XRP. $XRP community figure Diana pointed to a series of posts by Ripple CTO Emeritus David Schwartz. The posts suggest there may have been more going on behind the scenes during $XRP’s listing process on Coinbase. Key Points Questions emerge over whether Coinbase once demanded millions from Ripple to list $XRP. David Schwartz cited a hypothetical case to show how complex listing talks can be misread as pay-for-listing deals. He stressed that legal disputes can twist narratives, with claims…
Goldman Sachs analyst James Yaro told clients that crypto-linked equities look selectively attractive after falling 46% from their October 2025 peak. The research note maintained Buy ratings on three names. Robinhood Markets (HOOD), Figure Technologies (FIGR), and Coinbase Global (COIN) each offer distinct upside. Valuations Near Historical Trough Levels Yaro noted that the current drawdown has roughly matched the average peak-to-trough decline seen in previous crypto cycles. Prices have shown volatile but stabilizing behavior over recent weeks, suggesting forced selling pressure may be easing. “All in, we see an increasingly attractive entry point to our digital-asset sensitive coverage, albeit selectively,…
U.S. Senator Elizabeth Warren has raised concerns about Bitmain, one of the biggest producers of Bitcoin mining machines. As per a Bloomberg report, in a letter to Commerce Secretary Howard Lutnick, she asked for details on any investigations into the company and whether its equipment could pose national security risks. She also requested information on any communication between Bitmain, the Commerce Department, and members of the Trump family. Scrutiny Over Links Between Bitmain and Trump Family The spotlight intensified after a major deal involving American Bitcoin Corp, backed by Donald Trump’s son. The company purchased 16,000 mining machines from Bitmain…
Cryptocurrency exchange Binance continues to expand its spot market trading options. According to the latest announcement from the exchange, a number of new trading pairs will become available on the platform on March 31, 2026, at 4:00 PM. The announcement stated that the trading pairs Aptos (APT/U), Ethena (ENA/U), Fetch.ai (FET/U), $NIGHT ($NIGHT/U), $TRUMP ($TRUMP/U and $TRUMP/USD1), and Worldcoin ($WLD/U) will be listed. This step will allow users to trade in a wider range of assets. Binance also announced that it will simultaneously launch its spot algorithmic trading bot services for these newly listed trading pairs. This will allow users…
The issuance of new stablecoins has surged since the GENIUS Act was signed into law last year. At the moment, there are over 17 million new stablecoins active across various blockchains. However, this growth has been accompanied by a sizable rise in fraudulent tokens masquerading as legitimate coins like $USDT and $USDC and fake dApps. Stablecoin clones skyrocket since July 2025 According to Blockaid’s research, there are over 54,000 bogus tokens impersonating known stablecoins. A total of 2.1 million fake stablecoin instances have been detected across 17 million total token deployments since the GENIUS Act was instituted in July 2025.…
The Universal Digital Intl Limited stablecoin, USDU, USD backed stablecoin, the first foreign payment token regulated by the Abu Dhabi Financial Services Regulatory Authority (FSRA) in ADGM, has now gone live on global crypto exchange Crypto.com. As per Universal, the issuer of USDU, this is part of their expansion, allowing access to its regulated USD settlement stablecoin across digital asset markets. When launched, the issuers noted that beyond the UAE, USDU was built to connect with international digital asset markets, enabling institutions to move regulated digital value across global platforms where permitted by local regulation. Universal, in a LinkedIn post,…
Cango (CANG) is at risk of losing its NYSE listing after its shares traded below $1 on average for 30 consecutive days, triggering a compliance notice from the exchange and giving the bitcoin miner a six-month window to recover, the company said in a press release Wednesday. The New York Stock Exchange flagged the company on March 10, warning that failure to lift its share price back above the $1 threshold by the end of the cure period could lead to suspension and delisting proceedings. Cango said it plans to monitor market conditions and explore options to regain compliance, while…
As the US-Iran conflict enters its fifth week, statements from both sides continue to impact oil and Bitcoin ($BTC) prices. While Bitcoin continues to fluctuate and remain below $70,000 due to the ongoing cryptocurrency war, Coinshares has released its cryptocurrency report, stating that there was a $414 million outflow last week. “Cryptocurrency investment products experienced capital outflows for the first time in five weeks, driven by fears of conflict with Iran and expectations of an FOMC interest rate hike.” Bitcoin ($BTC) Turns Negative! Looking at crypto funds individually, outflows were concentrated in Ethereum. ETH experienced outflows worth $221.8 million, while…
The Clarity Act’s stablecoin yield ban has drawn loud opposition from some of the biggest names in crypto. But not everyone is unhappy with it, and the divide says more about business models than it does about the bill itself. Coinbase once again told Senate offices it cannot support the latest draft of the Clarity Act, citing significant concerns over the stablecoin yield language. It is the second time the company has rejected the bill. Crypto Banter founder Ran Neuner publicly backed that stance, arguing the restrictions are designed to protect a banking system that had years to innovate and…