Author: NBTC

The Trump administration is preparing to launch a new trade investigation into China’s failure to comply with the terms of a 2020 trade agreement. According to sources familiar with the matter, this step could increase tensions between the US and China and pave the way for new customs duties. As relations between the world’s two largest economies have become increasingly strained in recent weeks, the move is seen as an attempt by the US to strengthen its position ahead of a planned meeting between President Donald Trump and Chinese President Xi Jinping as part of an international meeting in South…

Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus curiae brief — a document filed by an entity that is not a party to the case — Coin Center argued against one of the prosecutors’ key case theories involving Anton and James Peraire-Bueno. The two individuals are allegedly responsible for a $25 million MEV exploit in April 2023. According to Coin Center, the US government’s claims of “honest validation” lack merit and should be rejected by the…

An entity has leveraged a TWAP strategy to amass nearly $7 million worth of XRP across thousands of buy orders on Coinbase. Market analyst and order book expert Dom first called attention to this interesting market behavior in a recent post on X. Notably, XRP purchases worth millions typically dominate exchanges on occasion, triggering no suspicions, but the recent buy orders caught the attention of market observers due to the manner of execution. Entity Purchases Nearly $7M in XRP Using TWAP Specifically, Dom confirmed that a trader had turned on some sort of Time-Weighted Average Price (TWAP) trading algorithm for…

Key takeaways ETH is trading above $3,300 after dropping to the $3k support level on Monday. The leading altcoin could recover above $3,600 if the market trend improves. Ether slips to $3k, recovers to $3,300 It has been a bearish start to the month for cryptocurrencies, with most of them losing 10% or more of their value over the last few days. Ether, the leading altcoin by market cap, is down 17% in the last seven days and temporarily dropped to the $3k psychological level on Tuesday. However, it has now recovered and is currently trading above $3,300 per coin.…

Key Notes Developers face five-year sentences despite arguing they followed legal guidance and never held user funds. Privacy features allegedly facilitated criminal transactions including darknet markets and fraud schemes totaling over $237 million. Case follows Trump’s pardon of CZ and echoes Tornado Cash prosecution amid growing debate on crypto privacy tools. US prosecutors are calling for the maximum five-year prison terms for Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill, following their guilty pleas to conspiracy charges for operating an unlicensed money transmitter. Based on the government’s sentencing memorandum reported by The Rage on November 3, the developers designed…

Kalshi, the main competitor of Polymarket, achieved peak record volumes in October. Recently, prediction markets expanded above $1B in monthly volumes. Kalshi prediction markets set a monthly trading volume record, breaking above $4.39B in October. The platform, which does not rely on a blockchain to settle its predictions, relied mostly on sports bets to get ahead of Polymarket. Kalshi activity reached peak levels in October, driven by the overall expansion of prediction markets and interest in trading current events. | Source: Dune Analytics. For Kalshi, the strongest week was at the end of October, when the platform achieved nearly $1B…

Seven of Ethereum’s most established protocol teams, including Aragon, Lido Labs Foundation, and the Uniswap Foundation, have joined forces to form the Ethereum Protocol Advocacy Alliance (EPAA). The alliance represents a rare moment of unity among Ethereum’s core builders, as growing regulatory scrutiny in the US and Europe threatens to reshape governance for decentralized systems. Ethereum’s Protocol Teams Go on the Offensive Amid Tightening Regulation For years, Ethereum’s Layer-1 protocols have quietly powered DeFi, stablecoins, and smart contracts across the global web3 ecosystem. However, as governments rush to regulate crypto, protocol developers, not just exchanges, are being drawn into policy…

Venture capital firm Andreessen Horowitz (a16z) is reportedly seeking to raise around $10 billion to invest in the artificial intelligence and defense industries, but crypto, long one of its flagship sectors, is notably missing. According to a Thursday Financial Times report citing anonymous sources, a16z is aiming to raise about $10 billion for new investments, including $6 billion for investing in more mature companies, $1.5 billion for each of the company’s AI applications and AI infrastructure funds, and over $1 billion for a defense and manufacturing-focused vehicle. No crypto-focused fund was mentioned, marking a rare omission for one of Silicon…

President Trump’s Crypto and AI Czar, David Sacks, is making a bold case for America to reclaim leadership in digital innovation — calling crypto “the industry of the future.” Speaking alongside a16z co-founders Marc Andreessen and Ben Horowitz, as well as entrepreneur Erik Torenberg, Sacks emphasized that the U.S. needs clear regulatory standards to keep crypto innovation onshore. He criticized the Biden administration’s “regulation by enforcement” approach, arguing that under SEC Chair Gary Gensler, crypto entrepreneurs were prosecuted instead of given clear rules to follow. “All the entrepreneurs I’ve talked to over the years say the same thing — just…

Gate has released a new proof of reserves report, with a total value that reached $11.67 billion and a total reserve ratio reaching as high as 124% across 500 types of assets. Summary Gate released its latest proof-of-reserves report showing total reserves of $11.67 billion and an overall reserve ratio of 124%, indicating strong liquidity and asset coverage across nearly 500 supported tokens. The exchange also announced its official expansion into Australia after registering with AUSTRAC, marking another step in Gate’s global compliance strategy. On Nov. 3, the crypto exchange released its latest proof-of-reserves report that shows the platform’s reserves.…