Author: NBTC

There’s speculation about when the Fed will resume its interest rate cuts, which have been on hold since January. At this point, the majority of Fed members expect the first rate cut of the year to occur in July or September at the latest. Speaking recently, Fed member Christopher Waller stated that he wants to cut interest rates in July due to rising growth and labor market risks. Speaking at the New York University Money Marketers meeting, Waller said he believes the Fed should cut interest rates at the end of July because of the growing risks to the economy…

EtherFi, the largest Ethereum-based liquid restaking protocol with nearly $9 billion in total value locked (TVL), is branching out into the Hyperliquid ecosystem via a pre-deposit partnership with HyperBeat, the top yield aggregation protocol on the HyperEVM, Hyperliquid’s Layer 1 blockchain. EtherFi and HyperBeat are launching preHYPE, a secure multi-signature vault for early deposits ahead of the release of beHYPE, a liquid staking token (LST). The vault leverages EtherFi’s existing infrastructure and user network alongside HyperBeat’s yield optimization strategies. Within six weeks, preHYPE is set to transition to a fully smart contract-based system, according to a release viewed by The…

French Hill, Chair of the House Financial Services Committee, expressed confidence that the GENIUS Act, CLARITY Act, and Anti-CBDC bill have the votes needed to advance in the House. “I believe that we do have the votes to advance the Senate Genius Act, which will create the first federally regulated, with clear rules, dollar-backed payment stablecoin, which will unleash a new competitive round in how payments are done when they’re used in a blockchain application,” said Hill in a Wednesday interview with CNBC. Hill indicated that House Speaker Mike Johnson is currently coordinating how these measures will be presented for…

UK-based digital asset exchange Archax is set to acquire Deutsche Digital Assets (DDA), a regulated crypto asset manager in Germany, in a move that strengthens its footprint in Europe’s two largest financial markets. DDA manages around $70 million in assets and specializes in crypto exchange-traded products (ETPs) distributed through a network of European banks and asset managers. The deal gives Archax new licenses under Germany’s BaFin, including permissions for portfolio management and investment advisory—key capabilities for serving institutional clients in the EU. This acquisition builds on Archax’s 2023 purchase of Spanish broker KSCM. With the DDA deal, Archax now holds…

During a recent appearance on CNBC, Fundstrat’s Tom Lee predicted that the price of Bitcoin could potentially surge to $2.5 million in the long term. “I think, at a minimum, it should have the same network value as gold…But I think Bitcoin is more valuable than gold. I mean Bitcoin, could be $2 million $3 million long term, I mean even higher.” Lee added. Lee is convinced that the leading cryptocurrency could cross the $250,000 mark as soon as this year. More dovishness on the horizon According to Lee, Bitcoin is responding to global liquidity, which is currently moving up.…

The cryptocurrency world is abuzz with breaking news that signals a potentially significant shift in how traditional finance, especially that linked to high-profile political figures, views digital assets. According to a recent report by EmberCN on X, World Liberty Financial (WLFI), an entity reportedly connected to the Trump family, has made a substantial crypto investment, purchasing 1,531 units of Ethereum (ETH) for a staggering $5 million in USDC. This move, executed roughly 20 minutes before the announcement, has sent ripples across the market and sparked widespread discussion. What does this bold acquisition mean for the future of digital currencies and…

The dollar index, which tracks the U.S. dollar’s value against a basket of fiat currencies, has seen a notable bounce following its worst six months in decades. Analysts, expected further gains in the short-term, but ruled out a full-blown bullish trend. The DXY has gained 1.40% to 98.30, bouncing off the three-year low of 96.37, according to TradingView. The recovery qualifies as a bullish technical breakout, as the index has topped the trendline connecting the series of lower highs from the February peak. A strong dollar typically leads to financial tightening worldwide, zapping investor risk appetite. Historically, bitcoin has mostly…

The SHIB community keeps up its regular attempts at diminishing the circulating SHIB supply. The SHIB burn metric has displayed an impressive four-digit growth since last morning with a smashing amount of SHIB transferred out of circulation. Hundred million SHIB disappears Data provided by the popular wallet tracker Shibburn, during the past day, the SHIB army has managed to dispose of a massive amount of SHIB. A total of 100,530,829 meme coins has been transferred to unspendable wallets. This was the largest SHIB amount destroyed over the past week in one day. The majority of the aforementioned crypto chunk was…

If you are confident in your trading skills, the lack of capital should not be the reason you are stuck on the sidelines. Especially not when crypto prop trading firms are there to put up the capital you need. These platforms fund your trades and let you keep a large share of the profits. The only catch is, you have to prove that you can manage risk and hit profit targets. This quick guide explores how crypto prop trading works and highlights the top platforms worth your attention in 2025. Table of Contents Top crypto prop trading firms compared What…

Bitcoin mining firm Bitfarms (BITF) surged on Tuesday as the company announced to buy back up to 10% of its common stock’s public float. The Toronto-based company said the buyback plan, beginning July 28, will let it acquire up to nearly 50 million shares on the open market through the Nasdaq and Toronto Stock Exchange over the next 12 months, with purchases subject to regulatory limits and daily volume caps. All repurchased shares will be cancelled. BITF shares rallied as much as 18% on the news before paring some the gains. Recently, it was up 8% even as most of…