Author: NBTC

Venezuela is facing one of the highest inflation rates in the world. Inflation in the country has reached 229%, making the national currency, the bolívar, nearly worthless, reports Cointelegraph. Many Venezuelans are now turning to USDT (Tether) as a safer alternative. Merchants are also pegging prices to Binance P2P dollar rates, treating USDT as the main currency for everyday transactions. ⚡️ INSIGHT: With 229% inflation, Venezuela has turned to USDT as its de facto currency, with merchants pegging prices to Binance P2P dollar rates. pic.twitter.com/gUc3m5iHMv — Cointelegraph (@Cointelegraph) October 6, 2025 Hyperinflation Makes Life Hard The bolívar has lost a…

The Smarter Web Company, the UK largest publicly traded firm holding Bitcoin on its balance sheet. It has raised a total of £12.3 million through a combination of a £9.7 million placing and a £2.6 million subscription. The announcement was made on October 6 through two official RNS filings. The company, listed on Aquis Exchange (SWC), OTCQB (TSWCF) and Frankfurt Exchange (3M8). Described the new funding round as a strategic step to support its long term growth. It solidifies its position in the digital asset and technology sectors. Major Institutional Investor Joins Through £9.7M Placing The larger portion of the…

According to onchain data and social media reports, the crypto exchange Coinbase just shuffled nearly 800,000 BTC—roughly $69.5 billion worth—into fresh wallets. The company gave everyone a heads-up on Nov. 22, noting the platform would “undergo internal wallet migrations.” Coinbase Just Moved 4% of All Bitcoin in Circulation Coinbase opted to move about 4.01% of the 19,952,526 BTC circulating today in a hefty shift “from legacy internal wallets to new internal wallets.” In short, the coins previously sat in P2PKH (Pay-to-Public-Key-Hash) wallets and have now been relocated to upgraded P2WPKH (Pay-to-Witness-Public-Key-Hash) addresses. Btcparser.com spotted the activity, and onchain analyst Sani,…

Digital asset investment products saw massive inflows last week. With total net investments reaching $5.95 billion, according to CoinShares data. This marks the largest single week inflow in history for crypto funds. Strong market sentiment was driven by a combination of weak employment data. A delayed response to the Federal Reserve’s interest rate cut. With concerns over US government stability following the recent shutdown. 吴说获悉，据 CoinShares，上周数字资产投资产品录得 59.5 亿美元资金净流入，为历史单周最高纪录。比特币录得单周 35.5 亿美元资金流入，创下历史新高；以太坊单周流入 14.8 亿美元；Solana 也创下记录，单周流入 7.07 亿美元；XRP 录得 2.19 亿美元流入。https://t.co/U0jmt5l0V0 — 吴说区块链 (@wublockchain12) October 6, 2025 Bitcoin Leads the Rally Bitcoin dominated inflows, drawing $3.55 billion in a single week. This is…

Fundstrat Global Advisors Research Director Tom Lee suggested that the recent pullback in cryptocurrency markets may be due to a “mechanical error” rather than market dynamics. The renowned market strategist appeared on CNBC’s “The Exchange” program to assess the recent sharp declines in cryptocurrency markets. Lee stated that the market crashes were caused by a technical chain reaction that occurred around October 10th and led to the liquidation of approximately 2 million accounts. According to Lee, the crash was sparked by a pricing error on an unnamed cryptocurrency exchange. The price of a stablecoin, which would normally be $1, momentarily…

Grayscale IPO returns to headlines as Barry Silbert pursues a reported $33 billion listing amid resurging lawsuits tied to Genesis. Market chatter, per Cryptonomist reporting, has placed the valuation near $33 billion. Investors are watching regulatory implications. What is the expected timeline and Grayscale IPO valuation? Why does the term Barry Silbert Grayscale keep surfacing? How does the DCG Genesis lawsuits and Genesis bankruptcy fallout affect the listing? Are creditors seeing recovery after Genesis creditor recovery efforts? Why would a Grayscale public listing matter to markets? Summary, outline and a quick poll suggested by the outliner What are the key…

Exciting developments are unfolding in Washington as the US Senate prepares for crucial discussions on the digital asset market structure bill this December. This potential legislative breakthrough could finally bring the regulatory clarity that cryptocurrency investors and industry participants have been eagerly awaiting. What Is the Digital Asset Market Structure Bill? The digital asset market structure bill represents a comprehensive framework designed to establish clear rules for cryptocurrency markets. According to journalist Eleanor Terrett’s reporting, bipartisan senators are gearing up for substantive discussions that could shape the future of digital asset regulation in the United States. This legislation aims to…

The South Korean cryptocurrency market has experienced an explosion of activity in the last 24 hours. According to trading data from Upbit and Bithumb, the country’s two largest exchanges, many altcoins have seen notable jumps in volume. Korean investor interest is particularly strong in highly liquid assets like XRP, Bitcoin, and Ethereum. When Upbit and Bithumb’s 24-hour trading volumes were combined, the most prominent altcoins were listed as follows: XRP — $448 million Bitcoin — $354 million Tether (USDT) — $261 million Ethereum (ETH) — $178 million 0G — $124 million Intuition (TRUST) — $115 million Creditcoin (CTC) — $102…

Galaxy Digital, a crypto-focused financial services firm for institutions, unveiled a platform for individual investors on Monday, putting it in direct competition with platforms like Kraken and Robinhood that offer both cryptocurrency and equities trading. The service, called GalaxyOne, has a dedicated mobile app, the company said in a press release, while highlighting features that it thinks could chip away at an industry dominated by a handful of firms in the U.S., such as “premium” yield for accredited investors. Galaxy is aiming for a middle ground between financial institutions with billions of dollars in assets under management and accounts belonging…

Surging crypto enthusiasm is powering a seismic shift in U.S. holiday spending as consumers increasingly favor digital assets over gift cards, signaling unstoppable momentum for crypto-driven payments and gifting. Crypto Emerges as a Holiday Spending Powerhouse Growing interest in digital assets highlights strong consumer appetite for crypto-driven holiday spending and gifting behaviors today. Payments giant Paypal announced last week that new research with the National Cryptocurrency Association (NCA) shows Americans increasingly view crypto as a meaningful alternative to traditional gift cards, reflecting a structural shift in payment preferences. Paypal explained: As cryptocurrency continues to gain mainstream momentum, American shoppers are…