Author: NBTC

Crypto investment products logged a third straight week of outflows, though the pace of selling eased markedly as digital asset prices steadied after a sharp downturn. Crypto exchange-traded products (ETPs) recorded $187 million in outflows during the week, a sharp drop from the $3.43 billion seen over the previous two weeks, CoinShares reported on Monday. The slowdown came as Bitcoin (BTC) fell to its lowest level since November 2024, with the price touching $60,000 on Coinbase last Thursday. “While flows typically move in line with crypto prices, changes in the pace of outflows have historically been more informative, often signaling…

The House Financial Services Committee will examine tokenization on Wednesday as exchanges, market operators, and regulators push ahead with early efforts to bring stocks, bonds, and other securities products onto blockchain-based rails. Committee materials show a narrower focus for Wednesday’s hearing, however. One bill would require a joint SEC-CFTC study of tokenized securities and derivatives, while another would allow certain regulated firms to use blockchain-based records under future SEC rules. Those discussions follow several steps that have pushed tokenization deeper into policy and market debates.  In January, the SEC said tokenized stocks and bonds remain subject to existing securities…

Coinbase and its top executives have always been seeking clarity from US watchdogs on the use of crypto. In a fresh move, the exchange is ramping up pressure on US lawmakers to revamp how digital assets are taxed. They are arguing that current rules are stuck in a pre-crypto era, which is hampering adoption. Faryar Shirzad, Coinbase’s CPO, believes that a basic mismatch might be a blockage here. The US tax code was designed for “20th-century money,” while crypto operates in an entirely different way. However, treating crypto purely as “property” means that even the smallest transactions can trigger tax…

Ethereum ($ETH) price shows early signs of a potential bullish trend reversal. On-chain data suggests accumulation and weakening selling pressure. A break above $2,300 could trigger further upside momentum. Ethereum has slipped below the $2,200 mark, but the broader picture suggests something more interesting is unfolding beneath the surface. The recent dip reflects short-term weakness, although it does not fully capture the growing signals pointing toward a potential shift in trend. While the price action over the past week shows mild selling pressure, zooming out reveals that Ethereum is still holding onto gains built over the last month. This creates…

China directs major banks to cut new U.S. Treasury purchases due to rising market volatility risks. Chinese U.S. Treasury holdings fall to 17-year low as diversification toward gold and other assets grows. Bitcoin and crypto seen as alternative assets once investors rotate from bonds toward gold-style stores. China has ordered major banks to reduce their U.S. Treasury holdings, signaling a major shift in global finance. The move reflects rising concerns over U.S. debt risks and market volatility Experts believe that this decision could create new opportunities for Bitcoin and the overall crypto market. China Orders Banks to Reduce U.S. Bond…

Federal prosecutors told a judge that a letter purportedly sent by Sam Bankman-Fried from prison was actually shipped via FedEx from somewhere else entirely, suggesting someone outside impersonated him. The filing adds an unusual wrinkle to Bankman-Fried’s post-conviction fight. The FTX founder, sentenced to 25 years for fraud and conspiracy, has been pursuing a new trial from Federal Correctional Institution Terminal Island in San Pedro, California. Prosecutors say the suspect letter was docketed March 16 but shipped from Palo Alto or Menlo Park, mislabeled the prison as a state facility, and carried a typed “/s/” instead of an actual signature.…

Gate DEX, a decentralized trading gateway developed and operated by Gate.io crypto exchange, today announced a strategic integration with Pieverse, a Web3 payment infrastructure that utilizes the x402b solution to enable auditable, gas-free payments. This collaboration enabled the integration of Pieverse’s x402-based autonomous AI payment functionality to introduce gas-free, verifiable on-chain payments on Gate DEX’s intelligent multi-agent coordination network. Gate DEX is a decentralized trading platform that supports multi-chain swaps, spot trading, and derivatives trading, designed to deliver a secure, transparent, and high-execution on-chain trading experience to global customers. It is a DEX (decentralized exchange) that allows users to seamlessly…

One of the topics recently discussed in Bitcoin is the increasing risk of quantum computing. While some analysts argue that quantum technology is crucial for Bitcoin ($BTC) and that urgent action is needed, others believe the issue is being exaggerated. At this point, Nic Carter stated that Bitcoin faces the risk of falling behind Ethereum ($ETH) due to quantum risk. Castle Island Ventures partner Nic Carter said Bitcoin developers urgently need to find a solution to the threat of quantum computing. Otherwise, they risk falling behind Ethereum, which already has a roadmap for quantum resilience, he stated. Carter stated that…

Ripple Rockets into Top 10 Most Valuable Private Companies with $50B Valuation Ripple, the blockchain payments powerhouse, has cracked the global elite, ranking 9th among the world’s most valuable private companies with a $50 billion valuation, cementing its status as a fintech unicorn, says market analyst Xaif Crypto. Well, Ripple’s surge reflects growing institutional demand for digital assets and blockchain finance. By using XRP and its cross-border network to deliver faster, cheaper, and more transparent banking alternatives, Ripple has gained a competitive edge that has propelled its valuation to record highs. Ripple hitting a $50 billion valuation marks its evolution…

SEOUL, South Korea – A controversial revelation about South Korea’s Digital Asset Basic Act has emerged, showing the Financial Services Commission’s initial legislative draft completely omitted proposed limits on cryptocurrency exchange shareholders. This discovery has ignited significant debate within political circles about the transparency and consistency of the country’s evolving digital asset regulatory framework. FSC Digital Asset Bill Draft Lacked Critical Provision The Maeil Business Newspaper exclusively reported that South Korea’s Financial Services Commission commissioned a foundational study from Seoul National University’s Center for Financial Law during the initial planning stages of the Digital Asset Basic Act’s second phase. Consequently,…