Author: NBTC
Boerse Stuttgart, one of Germany’s top stock exchanges, has announced a partnership with DekaBank to bring cryptocurrency trading to the German investment bank’s institutional clients. The partnership allows DekaBank, a financial giant with over 411 billion euros ($427 billion), to integrate crypto into its offerings using Boerse Stuttgart Digital’s regulated brokerage infrastructure. “Partnering with DekaBank to offer crypto trading to its institutional clients underscores our commitment to providing financial institutions across Europe with secure and fully regulated infrastructure solutions,” said Boerse Stuttgart Group’s CEO Matthias Voelkel. Boerse Stuttgart Digital, a subsidiary of Boerse Stuttgart Group, provides brokerage, trading, and custody…
Bitcoin (BTC) fell to its lowest level in nearly 3 months with a sharp decline in the last 24 hours. The largest altcoin, Ethereum (ETH), took its share of the decline, falling 11.8 percent in the last 24 hours to $2,375. The picture is not encouraging for other altcoins either. Solana (SOL) fell 15.6 percent; XRP 13.7 percent; BNB 6 percent and AVAX 13 percent. As the decline deepens, a death cross alert has sounded for Ethereum. Market analyst Omkar Godbole said that a death cross is approaching for ETH. Accordingly, when looking at the Ethereum chart, a death cross…
American blockchain payments firm Ripple Labs Inc. has placed its dollar-pegged stablecoin RLUSD in the spotlight with a new minting at the treasury. According to data from the Ripple Stablecoin Tracker on X, 3,100,000 RLUSD were added into circulation. RLUSD minting resumes According to the tracker, this release is the first from the firm in about 17 days after it minted 625,000 RLUSD on Feb. 10 and then halted the minting. Both the new and previous minting took place on the XRP Ledger, proving that the region’s stablecoin ecosystem is growing. 💵💵💵💵💵💵💵💵💵 3,100,000 #RLUSD minted at RLUSD Treasury.https://t.co/8GPuvU7c9s — Ripple…
A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the regulation would stifle innovation and harm American leadership in digital assets. This rule would have required decentralized finance (DeFi) providers to collect and report sensitive taxpayer information, a demand critics say is both impractical and damaging to the industry. Ways and Means Committee Chairman Jason…
Some withdrawals made by Turkish users from the cryptocurrency exchange Binance TR to their bank accounts appeared as rental income on the e-Government platform, causing confusion among users. In their posts on X, users state that even if they lose money in cryptocurrency transactions, when they withdraw money, the withdrawals appear as rental income in the system. While the debate and uncertainty regarding the withdrawal of Binance TR users, the Turkish arm of Binance, continues, a statement came from Binance TR: “Dear Users, We are aware of the confusion regarding tax information regarding crypto investments. We would like to state…
CleanSpark delivered an outstanding financial quarter, but its market performance didn’t reflect the same strength. This analysis breaks down key financials, operational insights, and strategic directions to understand the full picture. CleanSpark Executive Overview: Strong Execution Amid Market Ambivalence The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Feb. 20, 2025, it was penned by Bitcoinminingstock.io author Cindy Feng. While doing research for my Bitcoin Mining Annual Report back to Dec 2024, CleanSpark stood out with multiple key metrics, such as gross margin, hash rate…
The cryptocurrency market has experienced significant turbulence in early 2025, with Bitcoin falling from its all-time high of $109,000 in January to $82,000 by end of February. This 20% decline has left many investors wondering what factors are driving this bearish trend in the world’s leading digital currency. While Bitcoin has shown some recovery—trading at approximately $86,300 as of February 27—the market remains volatile and uncertain. This comprehensive analysis explores the key factors behind Bitcoin’s recent price drop and examines potential future scenarios. As of February 27, 2025, Bitcoin (BTC) is trading at approximately $86,373, reflecting a 3.08% decrease from…
Ethereum Crashes Below $2,500 as Bitcoin Dips Under $90K The crypto market has suffered a brutal crash, losing over 10% in the past 24 hours. Ethereum’s price plunged below $2,500, raising fears of further declines. Meanwhile, Bitcoin broke below the $90,000 mark, signaling more trouble ahead for the market. Analysts warn that Ethereum could potentially drop to as low as $1,800 if selling pressure continues. Why Is the Market Crashing? Several key factors have triggered this sharp downturn: SEC ETF Delays – The long-awaited approval of a spot Ethereum ETF by the U.S. SEC is still uncertain. The lack of…
In a significant development in the cryptocurrency market, a notable Solana (SOL) holder, often referred to as a “whale,” has made substantial adjustments to their investment positions, revealing a strategic shift that could hint at broader market movements. The whale in question has recently performed a large-scale operation involving the unstaking and transfer of a massive amount of Solana tokens. Specifically, the investor unstaked 236,568 SOL, valued approximately at $32.13 million. This action was closely followed by a substantial deposit, where 60,050 SOL (worth around $8.27 million) was transferred to Binance, one of the leading cryptocurrency exchanges. A whale unstaked…
Michael Saylor met with U.S. lawmakers to push for a structured digital asset framework, aiming to position the U.S. as a global crypto leader. Michael Saylor Pushes for US Crypto Leadership in Congressional Talks Michael Saylor, co-founder and Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), met with the U.S. House Financial Services Committee on Tuesday to discuss digital assets and the country’s potential to lead the global crypto industry. During the meeting, which included Congressman French Hill, the committee’s chairman, Saylor presented a digital assets framework aimed at establishing a strong regulatory foundation for bitcoin and other cryptocurrencies.…