Author: NBTC

A judge in Massachusetts is on his way toward issuing a preliminary injunction to stop Kalshi’s sports prediction contracts there, agreeing with state authorities that they’re potentially violating its sports-betting laws. Superior Court Justice Christopher Barry-Smith issued a ruling on Tuesday that says the court is on its way this week toward prohibiting Kalshi “from offering sports-related event contracts in the absence of the required license under the Sports Wagering Law.” The judge said that the state needs to propose its injunction tomorrow in such a way that it doesn’t derail people’s existing contracts, then by Friday Kalshi has to…

ETH is still trading defensively, with the Ethereum price sitting around $2,970, pinned near the lower Bollinger Band on the daily chart and below every key moving average. ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Main scenario from the daily chart: still bearish, but nearing a decision point Daily trend and EMAs Daily RSI Daily MACD Daily Bollinger Bands Daily ATR (volatility) Daily pivot levels Market context: risk-off, BTC-dominant environment Lower timeframes: intraday bounce inside a larger downtrend 1H chart: weak but stabilizing 15m chart: micro balance in a bearish regime Ethereum price scenarios from here Bullish scenario:…

During his appearance at the World Economic Forum, Coinbase CEO Brian Armstrong took aim at the banking sector’s lobbying efforts. He has told CNBC’s Squawk Box that incumbent financial institutions are using regulatory capture to stifle the growth of the stablecoin market. The “level playing field” argument The ability of stablecoin issuers to pass rewards on to consumers is at the heart of the dispute. Armstrong argues that legislative hurdles are being put in place specifically to insulate banks from this competitive pressure. “I think Americans should be able to earn more money on their money,” Armstrong said. “Banks should…

Veera has officially introduced its Ethena USDe Vault, and this is a new move in generating yield-generating opportunities for users of stablecoins. Stated in a social media post, the live vault will enable the USDe, Ethena synthetic dollar, to work directly in the onchain neobank system of Veera. The merger enhances the positioning of Veera as a platform aimed at earning, investing, borrowing, and spending digital assets in a single interface. Veera × @ethena_labs Vault is live🟣Put your $USDe ~ a synthetic dollar backed by delta-neutral positions across BTC, ETH, and other crypto assets ~ to work!Earn yield generated from…

For years, debates about Bitcoin versus Ethereum felt like watching extreme opinions clash in petty online arguments. But the 2024 spot ETF approvals changed everything. What once gave the impression of a tribal war has become a legitimate question for institutional portfolios: which asset deserves more weight as we head into 2026? Both have earned their stripes. Bitcoin secured its “digital gold” narrative, while Ethereum established itself as the world’s decentralized computer. The question isn’t whether they belong in serious portfolios anymore but how to balance them. And that depends on understanding what actually drives their prices beyond the endless…

Investment giant BlackRock has changed its tune on long-term U.S. government bonds, saying a flood of spending on artificial intelligence could make borrowing more expensive. The firm’s research division said Tuesday it’s now bearish on these bonds after sitting on the fence before. The outlook covers the next six to 12 months. Here’s the issue: Tech companies are getting ready to borrow hundreds of billions of dollars to pay for AI projects. Their balance sheets look solid, but this new debt is piling on top of what the U.S. government already owes, more than $38 trillion as previously reported by…

Hong Kong Finance Secretary Paul Chan defended the city’s “same activity, same risk, same regulation” framework for digital assets while speaking at the World Economic Forum in Davos, according to the South China Morning Post. Speaking at a closed-door workshop in Switzerland on Tuesday, Chan said finance and technology were increasingly intertwined but required a balanced regulatory approach. He said: Digital assets should serve the real economy. But we must also build strong guardrails to address risks to financial stability, market integrity and investor protection. Chan pointed to the city’s “same activity, same risk, same regulation” principle for digital assets,…

Collably Network, a renowned collaborative Web3 network, has partnered with DeXRP, an institutional-level decentralized exchange. The partnership aims to advance institutional-scale DeFi trading through the XRP Ledger with efficiency, accessibility, and transparency. As Collably network revealed in its official X announcement, the joint effort merges its collaborative network approach with the robust trading infrastructure of DeXRP. Hence, the development attempts to enhance the user experience in the DeFi ecosystem. 🌐 Exciting Partnership Announcement 🤝We’re excited to collaborate with @dexrp_io – a next-generation decentralized exchange built on the XRP Ledger, delivering an institutional-grade trading experience with blazing-fast speed and ultra-low fees.…

Ethereum slid hard as large buyers stepped in, with Lookonchain tracking fresh ETH accumulation during the selloff. Meanwhile, More Crypto Online said the drop supports a downside path toward the $2,250 to $2,260 zone. Ethereum Whales Accumulate as Market Slides Large holders and institutions increased Ethereum exposure during the market downturn, according to on-chain data shared by Lookonchain. The activity showed sizable borrowing and over-the-counter purchases despite broader price pressure. Trend Research borrowed 70 million USDT from Aave and used the funds to buy 24,555 ETH, valued at about $75.5 million at the time of the transaction. Following the purchase,…

The Justice Department told a federal court on Tuesday that Elon Musk’s DOGE team, working inside the Social Security Administration, stored sensitive Social Security data on servers that were never approved by the agency. The filing also said two members of the team secretly communicated with an outside advocacy group tied to efforts to overturn election results in certain states. The DOJ said the issue surfaced while correcting sworn testimony given last year by senior SSA officials during lawsuits over DOGE access to federal data. Those corrections said team members shared information through third-party systems and may have reached private…