Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Mike Belshe: Stablecoins are a safer alternative to banks, BitGo’s operational controls are key for crypto market structure, and the future of finance is in asset tokenization
Key takeaways Stablecoins provide a safer and more efficient alternative to traditional banking. The future of finance will involve the tokenization of all assets, including equities and bonds. BitGo’s operational controls and regulatory frameworks are crucial for building market structure in crypto. BitGo is stronger than most competitors due to its readiness and strategic planning. Going public benefits BitGo by strengthening the business and enhancing transparency. The US capital markets will transition to digital, bringing inherent risks. Custody risk in crypto is unique due to the nature of bearer instruments. Exchanges should not extend counterparty credit risk. Clients prefer cold…
The number of traders expecting an interest rate cut at the March Federal Open Market Committee (FOMC) meeting has risen to 23%, following investor fears of a hawkish stance from Kevin Warsh, US President Donald Trump’s Federal Reserve chair nominee. Investors and traders forecasting a rate cut surged by nearly 5% from Friday, when only 18.4% signaled they were expecting an interest rate cut, according to data from the Chicago Mercantile Exchange (CME) Group. Those anticipating a rate cut in March forecast a 25 basis point (BPS) cut, with no investors expecting a rate cut of 50 BPS or more.…
Interactive Brokers now lets clients transfer supported crypto from external wallets into IBKR accounts without selling first, extending its low-fee, multi-asset platform push. Summary Interactive Brokers (NASDAQ: IBKR) announced on March 25 that clients can transfer supported cryptocurrencies from external wallets directly into their IBKR-linked crypto accounts without first liquidating their positions. The feature covers Bitcoin, Ethereum, Solana, and other supported assets, with custody handled through Paxos or zerohash, and commissions ranging from 0.12% to 0.18% of trade value — significantly below the industry norm of up to 2.00%. The move follows IBKR’s January launch of 24/7 stablecoin account funding…
President Donald Trump’s decision to nominate Kevin Warsh for the Fed chair position has pushed expectations for a March rate cut up to 23%. The American selected Warsh in January to succeed Jerome Powell, whose tenure concludes in May. However, investors still have concerns over his hawkish reputation. According to data from the Chicago Mercantile Exchange (CME) Group, the probability that markets place on a rate cut at the March Federal Open Market Committee (FOMC) meeting has jumped to about 23%, up sharply from roughly 18.4% just days earlier. Traders are pricing in a 25-basis-point reduction, a sign of growing…
Whop users can now convert earnings into crypto without leaving the platform. — Whop, the platform powering modern internet businesses, is integrating MoonPay onramp and MoonPay Deposits, giving creators, operators, and brands a seamless way to move between fiat and crypto for the first time. “Whop is where modern internet businesses run, and increasingly, those businesses want crypto native financial rails,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “By becoming Whop’s exclusive provider for ramps and crypto deposits, we’re making it simple for users to move value in the way they already operate, including turning earnings into crypto directly…
For the first time in six years, the bitcoin hashrate, the total computational power securing the network, fell during the first quarter. It is currently down around 4% year to date, hovering around 1 zettahash per second (ZH/s). Over the past five years, the rate has surged from roughly 100 exahashes per second (EH/s), a 10-fold increase, according to Glassnode data. Each year, the metric rose during the first quarter and ended with strong full-year growth in excess of 10%. In 2022, the figure almost doubled. The AI Pivot The shift in 2026 reflects changing economics across the bitcoin mining…
The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom Farley. “I was in the exchange sector during continual massive consolidation…the same thing is going to happen starting right now in crypto,” Farley said during an interview on CNBC on Friday. Farley, who served as president of the New York Stock Exchange (NYSE) until 2018, said the recent drop in the crypto market will be a key catalyst, with Bitcoin (BTC) down nearly 45% from its October all-time high…
In a significant development shaking cryptocurrency market confidence, Backpack Exchange has issued a firm denial regarding insider trading allegations connected to a high-stakes Polymarket prediction contract about its token valuation. The exchange launched an immediate investigation after unusual trading activity surrounding its BP token generation event raised eyebrows across decentralized finance communities. This controversy emerges during a critical period for cryptocurrency regulatory scrutiny, particularly concerning market manipulation in prediction markets and token launches. Backpack Exchange Investigates Polymarket Bet Suspicious Activity Backpack Exchange, which recently completed its highly anticipated token generation event, faced unexpected controversy when traders on Polymarket placed substantial…
As mining profits compress and capital shifts toward artificial intelligence, the bitcoin hashrate is emerging as a crucial barometer of stress and adaptation in the industry. First-quarter decline breaks a six-year trend For the first time in six years, the bitcoin network’s total computing power has declined in the opening months of the year. The bitcoin hashrate, which measures the computational power securing the blockchain, is down around 4% year to date and currently hovers near 1 zettahash per second (ZH/s). This pullback marks the first first-quarter decline since 2020, ending a streak of five consecutive years of double-digit hashrate…
CryptoSlam, a leading and multi-chain data aggregator and analytics platform specialized in tracking non-fungible tokens (NFTs), has disclosed the list of top 10 NFTs in terms of sales volume for the previous week. The ranking number focuses on the necessities of these NFTs in the market from different angles. NFTs are rapidly used for trading purposes around the globe. Here is the list of top 10 NFTs by last 7D: Courtyard, 0xbb5ec6fd4b61723bd45c399840f1d868840ca16f, $X@AI BRC-20 NFTs, Flying Tulip PUT, $QCLAW BRC-20 NFTs, Guild of Guardians Heroes, CryptoPunks, Gods Unchained Cards, Pudgy Penguins, and $ATCM BRC-20 NFTs. These NFTs are covered by…