Author: NBTC

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts. The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses. The letter drew immediate pushback from crypto investors…

Spot XRP trade volumes on Upbit and Binance have spiked over the last 1 hour, as both exchanges battle to secure the top spot. Coinglass data confirms this trend. Specifically, the XRP/KRW on Upbit, Korea’s largest exchange, has surged 156% in the past 1 hour to reach $8.78 million at press time. Meanwhile, the XRP/USDT pair on Binance, the world’s largest exchange by trade volume, has increased 69% to $8.7 million. XRP Volume Spikes on Binance and Upbit | Coinglass Notably, with these figures, Upbit boasts the largest XRP spot volume in the last 1 hour, while Binance takes second…

US President Donald Trump said he is beginning to finalize his preference for who will head the Federal Reserve next year. Trump stated that he is choosing between former Federal Reserve Board member Kevin Warsh and National Economic Council Director Kevin Hassett for the Fed chairmanship. Speaking to the Wall Street Journal in the Oval Office, Trump stated that Warsh was high on the list of potential candidates. Trump said, “Yes, I think so. There’s Kevin and Kevin. Both Kevins are great. And there are a couple of other great names as well.” While recent comments suggested Hassett was emerging…

Paul S. Atkins leads one of the most consequential financial regulators in Washington, dominating the discourse around crypto and joining his immediate predecessor, Acting Chairman and current Commissioner Mark Uyeda, in dismantling much of former Chair Gary Gensler’s work around crypto. This feature is a part of CoinDesk’s Most Influential 2025 list. Having been sworn in on April 21 as the 34th chair of the U.S. Securities and Exchange Commission (SEC) following nomination by President Donald J. Trump on Jan. 20 and confirmation by the Senate on April 9, he returned to an agency he served as commissioner from 2002…

Robinhood has listed Lighter DEX’s LIT token, shrugging off the altcoin’s 15% dump on Thursday. The listing has inspired recovery for the DEX token, which now trades at $2.11. The move comes only hours after Lighter announced the roll-out of its much-awaited LIT staking, with details about how holders can now earn rewards and access additional features across the platform. Lighter Price Recovers From 15% Crash After Robinhood Listing BeInCrypto reported Lighter’s 15% crash following the network’s staking feature roll-out. However, while the token was still underwater by double-digits, reports revealed Robinhood’s planned listing of Lighter’s native token, LIT, causing…

The price of Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, bottomed out in April 2025, and its price action mirrors the 2019 cycle, according to market analyst Michaël Van De Poppe. A surge in stablecoins, tokenized real-world assets (RWAs), which are traditional or physical assets represented as tokens on a blockchain, and developer activity on the Ethereum network are reasons to be bullish on Ethereum’s price, Van De Poppe said. “The stablecoin supply on Ethereum has seen an increase of more than 65% in 2025. It’s doubled since the peak in 2021,” he wrote in a…

Key Takeaways Tether has made an all-cash bid to acquire a full stake in Juventus Football Club, but the Agnelli family has stated they do not intend to sell. Tether is offering significant investment and has become a major shareholder, leveraging its position as the issuer of the USDT stablecoin. Tether’s bid for full control of Juventus faces strong resistance from the Agnelli family, the Italian dynasty that owns the football club, Bloomberg reported Friday, citing sources familiar with the situation. The crypto giant announced hours ago that it had formally submitted a binding, all-cash bid to acquire a 65.4%…

The U.S. Commodity Futures Trading Commission — a likely leading U.S. crypto regulator when the crypto industry’s U.S. oversight is in place — was one of the challenging areas for President Donald Trump’s efforts to get friendly watchdogs confirmed, but his acting chairman, Caroline Pham, hasn’t behaved like a temporary leader. This feature is a part of CoinDesk’s Most Influential 2025 list. Pham, a former senior executive at Citi, pressed aggressively on the pro-crypto aims set out by President Donald Trump in his executive orders and rhetoric, launching what she’s called a “crypto sprint” that’s been running in parallel with the…

CHICAGO, Feb. 5, 2025 – In a landmark move for digital asset markets, CME Group, the world’s leading derivatives marketplace, will launch regulated futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9. This strategic expansion directly responds to growing institutional demand for diversified crypto exposure beyond Bitcoin and Ethereum. Consequently, it marks a significant step toward mainstream financial integration for these three prominent blockchain networks. CME Group Futures Launch: A Deep Dive into the New Offerings The Chicago Mercantile Exchange (CME) will introduce cash-settled futures for ADA, LINK, and XLM. These contracts will settle against the…

An early Ethereum investor has likely completed a full exit from their ETH position after on-chain data showed the transfer of holdings to a centralized exchange. The sell-off is estimated to have generated around $274 million in profit. This comes as ETH continues to face selling pressure from US institutional investors as well. Still, some market analysts remain optimistic about the prospects of the second-largest cryptocurrency. Ethereum OG Whale Exits With 344% Gain Blockchain analytics firm Lookonchain reported that the investor accumulated 154,076 ETH at an average price of $517. Since late last week, the wallet began transferring ETH to…