Author: NBTC

Mastercard is under investigation by the United Kingdom’s Financial Conduct Authority (FCA) for alleged anti-competitive conduct tied to digital wallets. The news landed as the payments giant joined JPMorgan, Ripple and Ondo Finance in completing what they call the first cross-border, cross-bank redemption of tokenized US Treasuries. Mastercard is not alone in the latest FCA probe, as the regulator is also investigating Visa and PayPal under the Competition Act 1998. Mastercard and Visa are both being investigated under Chapter I, which targets anti-competitive agreements, and Chapter II, which addresses the abuse of a dominant market position. The probe touches on…

Kite is trading around $0.21–$0.22 with ~$400m market cap as profit‑taking and a broader AI‑token cooldown knock the AI payment chain about 30% off its early‑March high. Summary Kite trades near $0.21–$0.22 with market cap around $400 million and 24h volume between roughly $114 million and $152 million. The AI-focused token sits around 30% below its early March all-time high near the $0.30–$0.32 range after a series of sharp rallies. Heavy volume, rapid gains since late 2025 and a broader cooldown in AI crypto have combined to push recent profit-taking. Kite ($KITE), a token tied to an AI-centric blockchain and…

The Tennessee Bankers Association (TBA), a trade group representing the state’s commercial banks, has selected Stablecore as a preferred technology provider for digital asset services, highlighting growing interest among regional lenders in crypto infrastructure. In a Tuesday announcement, the TBA said Stablecore will provide infrastructure that enables community and regional banks to offer products such as stablecoins, tokenized deposits and digital asset-backed lending through their existing systems. The endorsement gives Stablecore exposure to the association’s roughly 175 member institutions, potentially accelerating adoption among smaller banks that lack in-house digital asset capabilities. The partnership reflects a broader trend among traditional financial…

Rwanda’s National Bank issued a public warning this week, telling citizens that peer-to-peer crypto trading involving the Rwandan franc is unauthorized after Bybit added FRW support to its P2P platform three days earlier. Key Takeaways: The National Bank of Rwanda warned on April 5, 2026, that Bybit’s new FRW P2P feature violates the country’s crypto rules. NBR-licensed banks are prohibited from converting FRW to crypto, leaving users with zero legal recourse for losses. Rwanda’s Cabinet approved a draft VASP licensing framework on March 4, 2026, which could reshape crypto access rules. National Bank of Rwanda Issues Crypto Warning The National…

Core Scientific (CORZ), a major player in Bitcoin mining and high-performance computing, has acquired Bitcoin mining firm Polaris for $421 million, according to a report from The Block. The strategic acquisition is designed to repurpose Polaris’s existing power infrastructure—secured through a contract with Oklahoma Gas and Electric—to support the rapid expansion of Core Scientific’s artificial intelligence data center operations. Following the announcement, CORZ shares jumped 9.58% to close at $24.32, reflecting investor optimism about the company’s pivot toward the growing AI infrastructure market. What the Polaris deal means for Core Scientific The acquisition of Polaris gives Core Scientific immediate access…

Bitcoin ETFs kicked off the week with renewed inflows, while ether broke its prolonged outflow streak. Solana and $XRP, however, remained under pressure with notable declines. Crypto ETFs Mixed: Bitcoin, Ether Rise While Solana, $XRP Fall The new week opened with a shift in tone, but not a full reversal. Pockets of strength emerged, though the broader market remains cautious. Bitcoin ETFs posted a net inflow of $69.44 million, offering a modest but meaningful rebound after last week’s heavy outflows. The gains were concentrated in a handful of funds. Ark & 21Shares’ ARKB led the way with $33.03 million, followed…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 3.10% today against the US Dollar Ethereum is currently trading 8.52% below our prediction on May 08, 2026 Ethereum gained 15.81% in the last month and is up 29.75% since 1 year ago $ETH price is expected to rise by 11.19% in…

What was once viewed as a speculative fringe movement is rapidly becoming part of the world’s financial plumbing, according to executives from Binance, Revolut and Circle (CRCL) speaking at Consensus Miami on Wednesday. “We were in the Prohibition era,” said Rachel Conlan, chief marketing officer at Binance. “Now we are in the infrastructure phase.” Conlan said crypto is evolving beyond trading into functional everyday use cases and is “on route to becoming the fabric of everyday society.” That shift is increasingly visible in consumer finance. Mazen ElJundi, global business head of investments at Revolut, said crypto’s narrative has moved from…

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius. In a Monday letter filed in the US District Court for the Southern District of New York (SDNY), US Attorney Jay Clayton cited Cohen-Pavon’s “substantial assistance” to the government, by being prepared to testify against former Celsius CEO Alex Mashinsky. Prosecutors did not request a specific amount of time for the former chief revenue officer to spend in prison, instead asking the judge to consider the sentencing guidelines for an “appropriate sentencing reduction for a defendant who has rendered…

Bitcoin mining firm CleanSpark reported a net sale of 108 Bitcoin during the month of April, as the company sold more coins than it produced. According to its latest operational update, CleanSpark mined 640 $BTC over the period but sold 748 $BTC, generating proceeds at an average price of $74,807 per coin. April Production and Sales Breakdown CleanSpark’s mining output of 640 $BTC in April reflects its continued operational capacity, though the company chose to liquidate a larger portion of its holdings. The 748 $BTC sold during the month resulted in a net reduction of 108 Bitcoin from its corporate…