Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

CLARITY Act Odds Crash to 10% Before Senate Returns: Galaxy

Why Galaxy Sees a One-in-Ten Chance for the Crypto Bill Odds that the CLARITY Act passes this year have fallen to 10%, according to Galaxy Digital (Nasdaq: GLXY). Alex Thorn, head of firmwide research at the digital-asset firm, stated the revised figure in an Aug. 14 post on X, down from 75% in May. The bill would divide U.S. crypto oversight between two federal regulators. Senators return to Washington on Sept. 14 and face a working period of roughly three weeks before leaving for midterm election activity around Oct. 2. Thorn stated: “The reality is that CLARITY is now much…

LegalAug 19

Kaito Pulse Browser Extension Reveals Trading Positions on X

On August 18, Kaito AI introduced Kaito Pulse, a browser extension designed for X (formerly Twitter) users to view the actual trading positions of other users directly within the platform. The tool aggregates public trading data from Polymarket and HyperliquidX and displays it alongside posts, allowing users to see the investment convictions behind statements. Alongside Pulse, Kaito launched Aura, a new metric that combines social activity with trading data to assess a user’s influence and conviction. This move aims to increase transparency in crypto social interactions, bridging the gap between online discourse and on-chain behavior. How Kaito Pulse Works Kaito…

ExchangesAug 19

Is This the Calm Before the Storm in Bitcoin? Price Calm, But Options Market Falling! What Does This Mean for BTC?

While the recent sideways movement in Bitcoin’s price has caught the attention of investors, an important warning has come from the options market. Although volatility in Bitcoin has decreased significantly, the market has not become risk-free, and investors are beginning to price in the possibility of a short-term downward movement. According to the data, although US spot Bitcoin ETFs recorded net inflows of $754 million in the first week of August, the tendency to hedge against short-term downside risk in the options market is prominent. Remarkable Increase in Put Options! At this point, 53.8% of the trading volume in Bitcoin…

BitcoinAug 19

Fed’s Limited Payment Account Offers No Real Alternative to Master Accounts

Anchorage Digital, a federally chartered crypto bank, has publicly stated that the U.S. Federal Reserve’s recent proposal for a limited-purpose payment account is not a practical alternative to a traditional master account. The bank argues that the proposed framework, while intended to broaden access to the payment system, would place many financial institutions, including crypto firms, in a category subject to heightened review and restricted functionality. The Core of the Disagreement According to a statement reported by The Block, Anchorage Digital supports the Fed’s general goal of expanding access to its payment infrastructure. However, the bank’s primary concern centers on…

RegulationAug 19

David Schwartz invokes First Amendment to defend XRP sports ads

Ripple CTO Emeritus David Schwartz has defended $XRP advertising in college sports after critics called for tighter restrictions on crypto promotion. The debate followed the University of Kansas athletics program’s decision to place $XRP branding on team uniforms under a multi-year partnership with Ripple. In a July 15 post on X, Schwartz argued that governments cannot broadly suppress truthful advertising for lawful products simply because officials believe consumers may make poor decisions. His position centers on First Amendment protections for commercial speech. The United States has the First Amendment. If you want to restrict or can speech, you need to…

AltcoinsAug 19

The SEC meeting that wasn't: State of Crypto

Earlier this month, as it became clear that the Digital Asset Market Clarity Act would not receive a vote prior to the Senate's August recess, industry participants suggested that if Congress didn't act, regulators could. It wouldn't be exactly the same; regulators' actions could be challenged in court and will be easier to undo by a subsequent administration than legislation would be, but the argument is that entrenched regulations would be difficult to undo. Breaking it down That argument above presupposes that the SEC and CFTC are actually able to finalize proposed rules in time for them to kick around…

LegalAug 19

NoOnes winds down operations after EU sanctions disrupt P2P platform

NoOnes, a peer-to-peer cryptocurrency trading platform, has announced it is gradually shutting down operations after sanctions-related efforts to resolve its situation failed. The platform, which was added to the European Union’s sanctions list related to Russia, said the measures cost it key partners and forced blockchain monitoring firms to classify NoOnes-related transactions as high risk, making normal operations increasingly difficult. Timeline of the shutdown The business drawdown began on Aug. 17, with the P2P marketplace scheduled to fully shut down at 11:59 p.m. UTC on Aug. 21. Services including swaps, fiat withdrawals, gift card sales, and the Bitcoin Lightning Network…

ExchangesAug 19

US President Donald Trump Draws a Red Line for China and Bitcoin (BTC), He Speaks Clearly! Here’s His Critical Message

US President Donald Trump, known for his support of the cryptocurrency market, made noteworthy statements about the cryptocurrency market and Bitcoin. Trump stated that the US must maintain its leadership in the cryptocurrency sector and should not be allowed to dominate it. In an interview with Punchbowl News, a US media outlet, Trump touched upon the technology competition between the US and China, emphasizing that the cryptocurrency market is one of the key areas of this race. In his statement, Trump said, “We don’t want China to take over crypto. I don’t want China to win in artificial intelligence either.…

BitcoinAug 19

Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace

Stablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply is shrinking for the first time in years, but the decline may say less about demand than it appears. The market’s total capitalization has fallen about 4.3% from its May peak of $322.41 billion to $308.5 billion. June alone brought a $7.7 billion drop, the largest monthly decline since the collapse of Terra in May 2022. At the same time, adjusted stablecoin transaction volume reached a record $1.83 trillion in June. That was 60% higher than in May and more than double the level recorded a…

RegulationAug 19

How SUI’s Community Focus Could Shape Its Future in the Crypto Space

Crypto analyst CryptoKaleo recently expressed optimism about $SUI’s position as a leading Layer 1 blockchain. In a tweet, he highlighted the active engagement of $SUI’s founders with the community, emphasizing the importance of this connection in shaping the project’s future. You can view his insights directly on X. Inside the Move The broader crypto market is currently exhibiting mixed signals, but $SUI stands out due to its strong community engagement efforts. According to CryptoKaleo, the active presence of $SUI’s founders on platforms like X helps foster a deeper connection with users. This interaction is vital as it keeps investors informed…

AltcoinsAug 19