Author: NBTC

Federal Reserve member Beth M. Hammack said that monetary policy may already be below the neutral level, providing additional stimulus to the economy. Hammack noted that the November inflation data may have underestimated reality due to data collection problems caused by the government shutdown in October and the first half of November. The U.S. Bureau of Labor Statistics (BLS) announced that the consumer price index (CPI) rose 2.7% year-on-year in November. However, according to Hammack, given the measurement difficulties, the actual inflation increase may be closer to the 2.9%–3.0% range, where market expectations are concentrated. He argued that this indicates…

Beijing, China – March 2025: The China Financial Industry Association has delivered a devastating blow to blockchain innovation by officially declaring real-world asset (RWA) tokenization an illegal financial activity, marking a significant escalation in China’s ongoing regulatory crackdown on digital assets. RWA Tokenization Faces Complete Prohibition in China The association issued its definitive statement through Wu Blockchain reporting channels. Consequently, the organization defined RWA tokenization as involving unlicensed fundraising and trading activities. Moreover, these operations have not received approval from Chinese regulatory authorities. The association specifically warned participants about potential legal consequences. Additionally, supporting domestic or overseas RWA projects could…

Bitcoin (BTC) and altcoins had a good start to 2026 and are experiencing a cautious recovery. Bitcoin surged above $94,000, while Ethereum (ETH) climbed above $3,300. As the recovery continues for ETH and altcoins, analysts have noted the formation of a double bottom pattern on the Ethereum daily chart, increasing the likelihood of a technical rebound. Technically, a double bottom formation signals that prices are about to reverse from a downtrend to an uptrend. Market analysts noted that the formation has been developing since the fourth quarter of last year, and demand in a key support zone has successfully defended…

It’s no secret that Cleveland Fed President Beth Hammack has staked out a spot as perhaps the most hawkish member of the U.S. Federal Reserve since her appointment in 2024 after a career at Goldman Sachs. Next year, however, she will be in a more prominent position to advance those views. The Fed’s Federal Open Market Committee (FOMC) sets interest rate policy. Among its twelve voting members are four of the Fed’s eleven district presidents who serve rotating one-year terms. In 2026, the head of the Cleveland Fed — Hammack — will join that voting group. “My base case is…

Wall Street giant Goldman Sachs (GS) said improving regulation and the emergence of crypto use cases beyond trading are underpinning a constructive outlook for the industry, particularly for infrastructure companies that support the ecosystem without being as exposed to market cycles. Regulatory uncertainty remains the main barrier for institutions, and that backdrop is shifting rapidly, the bank said in a report on Monday. “We see the improving regulatory backdrop as a key driver to continued institutional crypto adoption, especially for buyside and sellside financial firms, as well new use cases for crypto developing beyond trading,” analysts led by James Yaro…

Ethereum price has broken out of a two-month descending wedge, signaling renewed bullish momentum. ETH’s technical structure now points toward a potential rally after weeks of compression. However, the upside narrative faces a challenge as large holders begin distributing into strength, raising concerns about whether whale activity could cap gains. Ethereum Whales Exhibit Skepticism Ethereum whales have turned into active sellers as the price pushed higher. Over the last three days, wallets holding between 100,000 and 1 million ETH sold roughly 300,000 ETH. At current prices, those sales exceed $971 million, representing a meaningful supply increase. This behavior suggests skepticism…

A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs and forces refunds would cause what he called an “administrative problem,” since the government would need to return fees collected on imports. He said the White House believes the court will side with the administration, but even if it does not, he said it is “pretty unlikely” the justices will demand full refunds because of the difficulty of getting that cash back to…

WASHINGTON, D.C. — In a significant move addressing emerging ethical concerns, U.S. Representative Ritchie Torres plans to introduce groundbreaking legislation this week that would prohibit federal officials from participating in prediction markets using non-public information obtained through their official duties. This proposed bill represents one of the first comprehensive attempts to regulate political betting activities in the digital age, potentially setting new standards for government ethics and financial market integrity. Prediction Markets Bill Targets Insider Information Exploitation Representative Ritchie Torres, a Democrat from New York’s 15th congressional district, will introduce legislation specifically designed to prevent federal officials from trading on…

Ethereum is facing key resistance, with strong bullish momentum, while liquidation data highlights ongoing market volatility. The first week of 2026 has seen Ethereum (ETH) trading at $3,253.44, down a modest 1.2% in the last 24 hours. With a market cap steady at $392.7 billion and a robust 24-hour volume of $28.85 billion, ETH holds its no. 2 rank firmly. Ethereum has gained 9.5% over the past 7 days and 11% in the last 14 days, reflecting strong positive momentum. A CoinGecko chart shows a positive momentum, particularly from January 6, with a sharp price increase before stabilizing above $3,240.…

President Donald Trump’s campaign to cut Democrats out of U.S. regulatory work has set up an unusual situation at the two agencies that will have the most say over how the federal government handles crypto: A handful of Republican crypto advocates are entirely in charge of both. The U.S. Securities and Exchange Commission just said farewell to its only Democratic commissioner, Caroline Crenshaw, last week, removing routine opposition to its current policy drives. Crenshaw had often cautioned the agency about its shift toward a digital asset embrace, including opposing bitcoin exchange-traded funds (ETF) as a danger to investors. She took…