Author: NBTC

The White House crypto summit tomorrow comes with two possible paths for U.S. crypto regulation. President Donald Trump could use the meeting to give the CLARITY Act a push, or ask the SEC and CFTC to move ahead with their own rules. With both agency chiefs attending, tomorrow’s summit could decide the fate of the CLARITY Act. Trump To Meet Crypto and Wall Street Leaders On August 19, President Donald Trump will meet crypto and Wall Street leaders at the White House as the CLARITY Act remains stuck in the Senate. The main goal of the meeting is to find…

Kraken co-CEO Arjun Sethi is exploring an expansion of the exchange’s banking operations in Europe and is considering partnerships in asset management, according to a report by The Block. The move signals a strategic push by one of the largest cryptocurrency exchanges to diversify beyond its core trading business and deepen its foothold in traditional finance. Strategic rationale behind the move The reported exploration comes as crypto exchanges worldwide face increasing competition and regulatory scrutiny. By expanding into banking services, Kraken aims to offer a more integrated financial experience for its users, potentially including fiat on-ramps, custodial services, and payment…

Bitcoin ($BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers. Key points: Crypto and risk assets gained after US nonfarm payrolls fell by 23,000 in July. Fed interest-rate bets for September shift from a 0.25% hike to a pause on signs of a weaker labor market. Bitcoin and altcoins stayed “resilient” after a week of bearish surprises, per analysis from QCP Capital. Crypto, stocks higher on low nonfarm payrolls print Data from TradingView showed $BTC/USD hitting $65,340 on Bitstamp, up 1.3% on the day, as fresh US labour-market data was released.…

One in four Canadians now holds digital assets or crypto investment funds, according to a newly released survey by the Ontario Securities Commission (OSC). The level of adoption has increased substantially over the past two years. According to Coinbase Canada Country Director Eric Richmond, the report confirms that digital assets have entered the financial mainstream. “1 in 4 Canadians now own crypto, and trade more with Coinbase than any other platform in the country,” Richmond wrote on X. “Digital assets are now mainstream in Canada, and they look for platforms they can rely on to do just that.” Ownership more…

Cardano founder Charles Hoskinson highlighted the resilience of the crypto industry, arguing that digital assets can continue to thrive regardless of which political administration controls Washington. Responding to a question from Anthony Scaramucci about whether Washington, D.C., matters for Bitcoin, Hoskinson said the crypto industry had “survived the Biden administration” and would also survive the Trump administration. The statement reflects Hoskinson’s longstanding view that the crypto market should not depend entirely on political leadership. Although governments can influence regulation, market conditions, and institutional adoption, he believes they cannot easily eliminate an industry built on decentralized technology. Hoskinson Separates Crypto’s Future…

Hyperliquid, an on-chain perpetual futures venue, sent most of the forced selling in the worst minute of the October 2025 crypto crash to the Hyperliquid backstop rather than its public order book, according to a new research preprint. About $641 million was force-sold on Hyperliquid at 21:19 UTC on Oct. 10, the paper found. Roughly $576 million went to the Hyperliquid backstop, while about $64 million reached the order book. The split is relevant because a thinning public order book can push prices lower and force more leveraged positions to close. The Hyperliquid backstop can interrupt that feedback by absorbing…

Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided with $191.6 million in crypto liquidations across more than 80,000 traders, CoinGlass data showed, including a $1.66 million $BTC position on Hyperliquid. The price performance came as investors digested a major hardware-wallet security breach, another delay to the landmark CLARITY Act legislation and months of…

The U.S. Federal Reserve kept the interest rate unchanged at 3.50%-3.75% for the fifth time on Wednesday, triggering mixed signals across traditional and crypto markets. In the split vote, nine of the Federal Open Market Committee (FOMC) members approved the rate pause. Three members dissented and called for a 0.25% rate hike. According to the Fed, the economy was “expanding at a solid pace” but blamed elevated uncertainty on the ongoing Middle East conflict that has kept inflation above the 2% target. Following the statement, the U.S. stock market dropped lower. The Dow Jones slipped 2.19% while the S&P 500…

$BNB Chain has completed its 36th quarterly token burn, permanently removing 1,615,827.795 $BNB worth approximately $932 million from circulation as the network continues its long term plan to reduce the token’s total supply to 100 million $BNB. Following the burn, $BNB’s remaining total supply stands at 133,166,127.91 tokens. The latest burn marks the third quarterly burn carried out in 2026 and slightly exceeded the estimated burn amount of roughly 1.615 million $BNB. The 36th burn also marks a change in execution following $BNB Chain Fusion. Beginning with this event, quarterly burns are now carried out directly on $BNB Smart Chain,…

Citadel Securities urged the Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha The Securities and Exchange Commission (SEC) is one of the most widely…