Author: 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.
The Federal Reserve Board has released its latest Financial Stability Report, a semi-annual deep dive into the health of the US financial system. The headline finding: the system is under more pressure than usual, with global risks stacking up, a balance sheet that’s grown to roughly 21% of nominal GDP, and stress test projections that assume things could get meaningfully worse before they get better. The balance sheet problem The Fed’s balance sheet sits at approximately $6.5 trillion, about 21% of nominal GDP. Governor Stephen Miran has outlined a proposal for gradually shrinking that figure by $1 to $2 trillion.…
A notable governance vote is underway within the World Liberty Financial ($WLFI) ecosystem. The proposal, which envisages unlocking a total of 62 billion $WLFI tokens, represents a value of approximately $3.7 billion. The voting, which began on April 30th, is scheduled to continue until May 7th, and currently, the proposal has received 99.5% support. If the proposal is accepted, the tokens will not be released immediately. According to the plan, the distribution process will begin two years later and will follow a phased schedule spanning approximately four years. This approach is believed to aim at reducing the potential market pressure…
Dan Loeb Reveals DOJ Threat to Trump Over Ross Ulbricht Commutation in Final Hours of First Term
Hedge fund manager Dan Loeb has publicly claimed that the Department of Justice threatened President Donald Trump in the final hours of Trump’s first term in January 2021, warning it would “go after” him if he commuted the sentence of Ross Ulbricht, creator of the Bitcoin-powered Silk Road marketplace. After the reported threat, Trump withdrew the commutation, forcing Ulbricht to serve four additional years in prison before receiving a full pardon in January 2025 during Trump’s second term. Loeb, founder and CEO of Third Point LLC, made the revelation on the All-In Podcast while discussing his role in criminal justice…
ENI Partners with NerveNetwork to Build Simplified Asset Moves Between Blockchains with Cross-Chain Interoperability
In a bold move to achieve a greater level of interoperability and enable users to connect their liquidity across multiple chains, ENI, a high-performance, enterprise-grade, modular Layer-1 blockchain, today entered into a strategic partnership with NerveNetwork, a decentralized cross-chain platform. This collaboration enabled ENI to integrate NerveNetwork’s cross-chain tech solution to provide multi-chain support for the assets and applications on its enterprise-centered blockchain network to seamlessly interact with other chains. As per the updates announced today on the X social media, the collaboration facilitated the deployment of NerveNetwork’s decentralized cross-chain smart contract on ENI’s blockchain. We are glad to announce…
Bitcoin fell below $77,000 on Monday in Asia as rising oil prices and Treasury yields pressured risk assets, while prediction-market traders continued to price little chance of near-term Federal Reserve relief. The move comes as macro conditions have become less favourable for crypto. The 30-year Treasury yield rose to 5.13%, its highest close since 2007, while Polymarket traders put the odds of no Fed move at 98% in June and 94% in July. The 10- and two-year yields also extended last week’s rise, hitting 12-month highs. That matters for bitcoin because it suggests traders are not expecting the Fed to…
Sharplink, the second-largest Ethereum [$ETH] digital assets treasury (DATs) company, has hit 21,119 $ETH in total staking rewards. This milestone was achieved as Sharplink added another 529 $ETH in staking rewards this week. Entry outpaced exit despite the drop Meanwhile, Ethereum‘s validator queues in June highlighted a staking environment that was still strong, despite cooling down. Source: Validator Queue The “Entry” queue gradually shrank from about 3.2 million $ETH towards the beginning of the month to about 3 million $ETH by 09 June. This indicated that although demand for new staking was still high, the spike that occurred in late…
Markets this week delivered something unusual: stocks, gold, and Bitcoin all moving in the same direction at the same time. The catalyst was growing optimism around US-Iran peace talks, which simultaneously lifted risk appetite and kept safe-haven demand elevated. What’s driving the rally President Trump’s signals toward diplomatic engagement with Iran have reshaped the geopolitical calculus that’s been hanging over markets since US-Israeli strikes triggered the conflict on February 28. The prospect of de-escalation is doing double duty: reducing the fear premium baked into oil prices while simultaneously encouraging investors to put money back to work in equities and crypto.…
The largest $XRP whales appear to be taking advantage of the recent price pullback, having accumulated 1.15 billion $XRP in the past few days. After soaring to a high above $1.51 on April 17 on the back of a broader market recovery push, $XRP faced resistance at this level and has since continued to correct. Interestingly, whales holding at least 10 million $XRP have leveraged this opportunity to amass 1.15 billion $XRP. Key Points The $XRP price has corrected nearly 10% from its April 17 peak of $1.51 as buying momentum weakens. Some of the largest $XRP whales have taken…
The European Union should focus on a broader digital asset framework covering real-world assets and tokenization instead of regulating decentralized finance through a second version of the Markets in Crypto-Assets Regulation (MiCA), an adviser at the European Commission said. The European Commission launched a public consultation on MiCA in May, seeking feedback through Aug. 31. “I do not believe that [MiCA] is outdated now. That’s my personal opinion, but it does not matter. That’s why we have this consultation,” Peter Kerstens told Cointelegraph during a fireside chat at WAIB Summit Monaco 2026. Kerstens, one of MiCA’s architects, said that the…
Crypto analysts are divided over whether markets will see a major Bitcoin sell-off in May, a pattern that has emerged in the last two bear markets during US mid-term election years. In May 2018, Bitcoin crashed from nearly $10,000 to about $7,000 by the end of the month. It happened again in May 2022, when Bitcoin fell nearly 30% from about $40,000 to $28,500 before falling further in June to $20,000. With 2026 also a bear market year coinciding with a US mid-term election, there are concerns it could happen again. “The most brutal pattern in Bitcoin history. Nobody wants…