Author: NBTC

The U.S. Commerce Department said on Thursday it’s not in talks with quantum computing companies about taking any ownership in exchange for federal money. A spokesperson told CNBC, “The Commerce Department is not currently negotiating equity stakes with quantum computing companies.” That flat-out denial came after the Wall Street Journal reported that the Trump administration had supposedly opened talks with companies like IonQ, Rigetti Computing, and D-Wave Quantum. Despite the denial, traders didn’t wait. They hit the buy button. On Thursday, Rigetti and IonQ shares jumped 7% each. D-Wave Quantum flew even higher with a 13% gain. Quantum Computing Inc.…

Key Highlights Senator Lummis declared that new digital asset market structure legislation is a historic and “the most important piece of digital asset legislation” Comprehensive legislation, including the CLARITY Act in the House and a draft bill in the Senate, aims to create clear rules by dividing oversight between the SEC and CFTC This new regulatory development is expected to trigger massive integration of digital assets by traditional financial institutions In the latest post on X, Senator Cynthia Lummis of Wyoming declared that a new digital asset market structure bill is “the most important piece of digital asset legislation in…

In a new announcement to its users, Binance announced that some margin trading pairs will be removed from the platform as of 09:00 on November 6, 2025. Binance to Remove Five Margin Trading Pairs on November 6th Cross margin pairs to be removed include PEOPLE/BTC, SCR/FDUSD, and IOTX/BTC, while isolated margin pairs include PEOPLE/BTC, SCR/FDUSD, RARE/BTC, OM/BTC, and IOTX/BTC. According to Binance’s statement, effective immediately, users will no longer be able to transfer their holdings in these currency pairs to isolated margin accounts, either manually or automatically. However, users with outstanding debt will only be able to transfer funds up…

Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse. MN Trading Capital founder Michael van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a “little deeper than expected.” “Still a great area to accumulate positions on ETH,” he added. Ether traders eye $5,000 before year-end Ether is down 13.61% over the past seven days, falling as low as $3,099 on Tuesday before recovering to $3,337 at the time of publication, according to CoinMarketCap. Pseudonymous crypto trader Ash Crypto said ETH’s price “looks…

Crypto market observers have locked their gaze on the delayed US inflation report for September, which is expected to be published on Friday and to exceed 3% for the first time in 2025, which could have a knock-on effect on crypto markets. The US Bureau of Labor Statistics is scheduled to publish the Consumer Price Index (CPI) for September on Friday. It has been delayed due to the ongoing government shutdown, which is now in its 24th day. Economists forecast that September inflation rose 0.4% monthly and 3.1% annually, so it would be the first time headline CPI would exceed…

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt. Trump defended the pardon in an interview with CBS News’ 60 Minutes on Sunday, saying he had “no idea” who Zhao is and dismissed criticism of his pardon as politically motivated. Leavitt said in a briefing on Tuesday that Trump’s comments on Zhao in the interview were meant to convey that “he does not know him personally” and that the president “does not have a personal relationship…

The world’s first Chinese decentralized contract exchange, Sun Wukong, has seen its trading volume surge to more than $3.6 billion less than a month after its launch. Summary Sun Wukong, the world’s first Chinese-branded decentralized perpetual exchange, has recorded over $3.65 billion in trading volume and 35,600 active users less than a month after its Oct. 9 launch. The platform’s rapid growth underscores renewed crypto interest among Chinese investors despite the mainland’s trading ban, as Hong Kong emerges as a regional digital-assets hub amid calls for looser regulations. According to data from the platform’s main site, Sun Wukong generated a…

SharpLink generated 459 ETH in staking rewards last week, pushing its total cumulative yields to 6,575 ETH since launching its Ethereum treasury strategy in June 2025. The Nasdaq-listed firm now holds 859,853 ETH, valued at approximately $2.9 billion, marking one of the largest institutional commitments to yield-bearing digital assets. Ethereum Staking Turns Corporate Treasury Into a Profit Engine SharpLink’s Ethereum staking engine is generating yields that could redefine what it means to hold crypto on a corporate balance sheet. According to company data, the firm earned 459 ETH ($1.5 million) in staking rewards last week. This brings its total to…

The crypto trader who supposedly made millions shorting the crypto market before US President Donald Trump’s tariff announcement has believed to have profited again after betting that Trump would pardon the Binance founder. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng “CZ” Zhao sometime in 2025. Source: Euan The crypto trader had already become suspected in crypto circles for having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts — just hours…

Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account. The former Kangaroos and New South Wales Blues representative was taken into custody at his Barrack Point residence on Tuesday morning following a year-long investigation into the alleged theft from a 29-year-old man’s crypto account, according to a report by the Sydney Morning Herald. Police allege Merrin dishonestly obtained a financial advantage by deception through unauthorized crypto transfers.   Officers seized electronic…