Author: NBTC

Australia’s financial watchdog secured a court victory against financial services company BPS Financial Pty Ltd (BPS), with the Federal Court ordering the company to pay 14 million Australian dollars ($9.3 million) in penalties over the promotion and operation of its Qoin Wallet product. The ruling follows years of legal action brought by the Australian Securities and Investments Commission (ASIC), which accused BPS of running an unlicensed financial services business while making misleading claims about its crypto-linked payment product. In a Tuesday news release, the regulator said BPS promoted the Qoin Wallet as a non-cash payment facility tied to its Qoin…

Ethereum extended its pullback as sellers held control, with key support and resistance zones in focus. Notably, Ethereum ($ETH) has traded lower over the past 24 hours, falling about 2.9% to roughly $2,858. This came after spending much of the day drifting near the $2,787–$2,943 area. The intraday structure shows a clear “step-down” sequence, followed by a rebound that recovered part of the losses and lifted price back toward the mid-$2,800s. The pullback also came as precious metals such as gold and silver have been surging, drawing fresh attention to traditional risk hedges in the current macro backdrop. The performance…

The Chief of Google DeepMind has called out a bubble-like pattern in the AI sector. The AI-specific crypto market has declined. More factors have likely contributed to its plummet. Demis Hassabis, Google DeepMind Chief, has flagged the appearance of a ‘bubble-like’ pattern in parts of the AI industry. His statement comes after Microsoft’s chief flagged a similar concern if the adoption does not widen in the future. AI tokens have reacted with a decline in their values, possibly due to many more factors on a macro level. Google DeepMind Chief on AI Sector The CEO of Google DeepMind, Demis Hassabis,…

South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be issued, according to local reports. Speaking at the Asian Financial Forum in Hong Kong, Bank of Korea Governor Lee Chang-yong said authorities are considering a new registration framework that would allow domestic institutions to issue virtual assets, according to a report by Radio Television Hong Kong. He cautioned, however, that stablecoins remain controversial because of their potential impact on foreign exchange stability. Lee said won-pegged stablecoins…

The Ethereum ($ETH) Rainbow Chart is predicting that the second-ranked cryptocurrency by market cap is likely to remain within its long-term valuation corridor by February 1, 2026, pointing to moderate upside rather than an extreme move. With Ethereum trading around $2,895 at press time, the chart suggests a likely price range clustered near the lower-to-mid valuation bands in the near term. $ETH price prediction For February 1, 2026, the Rainbow Chart’s lowest band, labeled ‘Fire Sale’, spans roughly $994.14 to $1,340.56 and reflects periods of extreme pessimism when Ethereum has historically traded well below its long-term trend. Above it, the…

US President Donald Trump threatened to impose a 100% tariff on Canada if it moves to a trade deal with China. In a harsh statement made via Truth Social, Trump said he would not allow Canada to become a “transit point” for Chinese goods to the US. In his post, Trump stated, “If Mark Carney thinks he can make Canada a ‘port’ that China uses to ship goods to the U.S., he is sorely mistaken. China will swallow Canada whole; destroying its businesses, its social fabric, and its way of life. If Canada makes a deal with China, all Canadian-made…

South Korea is taking a cautious but important step toward opening its crypto market. Bank of Korea Governor Lee Chang-yong said authorities now allow residents to invest in virtual assets issued overseas. He shared this update while speaking at the Asian Financial Forum in Hong Kong. 据香港电台报道，韩国央行行长李昌镛在香港出席亚洲金融论坛时表示，鉴于市场压力，当局已允许韩国居民投资海外发行的虚拟资产；同时，金融监管部门正考虑设立新的注册制度，以容许韩国国内机构发行虚拟资产。李昌镛称，韩元计价稳定币预计主要用于跨境交易，代币化存款则更可能用于国内支付，但强调稳… — 吴说区块链 (@wublockchain12) January 27, 2026 At the same time, regulators are studying a new registration system. That could let domestic institutions issue their own virtual assets. The move reflects rising market pressure and growing demand for regulated digital finance. Even as officials remain careful about financial stability. Korea Opens Door to Overseas…

Key takeaways $ETH is down 1.7% in the last 24 hours and is trading below $2,900. The coin could retest the $2,749 support level if the bearish trend continues. $ETH falls below $2,900 The cryptocurrency market has been bearish in the last three weeks despite an excellent start to the year. After hitting the $3,400 level earlier this month, Ether has lost nearly 20% of its value in the last two weeks. The bearish performance saw $ETH lose 1.5% of its value in the last24 hours and briefly dropped below $2,800 on Sunday. It has now slightly recovered and is…

Crypto’s IPO market is back, but the companies leading the charge aren’t the ones most exposed to token volatility. BitGo priced its initial public offering on Jan. 21 at $18 per share, raising $212.8 million and valuing the custody platform at $2.08 billion. Shares opened the next day at $22.43, a 24.6% jump that pushed the implied valuation to $2.59 billion. Within 24 hours, two more security-focused companies signaled public market ambitions. Ledger, the hardware wallet maker, is reportedly preparing a New York listing targeting a valuation above $4 billion, with Goldman Sachs, Jefferies, and Barclays leading the process, according…

El Salvador has once again strengthened its position as a global crypto leader. The country now offers 0% capital gains tax on Bitcoin and other cryptocurrencies, according to confirmed 2026 policy updates. 🇸🇻 EL SALVADOR NOW OFFERS 0% CAPITAL GAINS TAX ON BITCOIN AND CRYPTOIT’S HAPPENING pic.twitter.com/s2eNUaxjYm — Vivek Sen (@Vivek4real_) January 27, 2026 This move builds on El Salvador’s historic decision to adopt Bitcoin as legal tender in 2021. Since then, the government has continued to roll out policies aimed at attracting crypto investors and businesses from around the world. A Major Incentive for Crypto Investors Under the current…