Author: NBTC

xAI is planning to repay $3 billion of high yield bonds early in a move that would significantly reduce debt ahead of a potential public listing of SpaceX, according to a Bloomberg report. The company intends to redeem the bonds at roughly 117 cents on the dollar, a notable premium given the securities were issued in June with a structure indicating they would remain outstanding for at least two years. The bonds, which carry a 12.5 percent coupon, were sold at par and have rallied in recent weeks. Pricing data shows they climbed about three points Monday to nearly 117…

Brazil’s central bank will force licensed crypto exchanges to prove asset sufficiency daily from Jan. 1, 2027. Summary Brazil’s central bank will require daily asset sufficiency reports from licensed crypto exchanges starting Jan. 1, 2027 New rules mandate full segregation of client and platform assets, plus on‑balance‑sheet recognition of crypto under a dedicated accounting manual The announcement comes as major assets like $BTC and $ETH trade lower amid broader risk‑off sentiment in crypto markets Brazil’s central bank has introduced a new regulatory framework that will require all licensed cryptocurrency trading platforms in the country to submit daily reports proving they…

Blockchains and artificial intelligence are complementary technologies, according to crypto asset manager Grayscale, even as markets have recently treated them as part of the same trade. Zach Pandl, Grayscale’s head of research, said that while disruptive technologies tend to produce clear winners and losers, the relationship between AI and blockchain is more symbiotic than competitive. Rapid AI adoption is expected to reward some industries, such as chipmakers, while pressuring others, including segments of professional services. “Although crypto valuations have been tightly correlated with the drawdown in software stocks, we think blockchains and AI are complementary from a fundamental standpoint,” he…

Ethereum trades near a decisive inflection point as price compresses beneath stubborn resistance while broader structural signals remain constructive. The market has rebounded sharply from winter lows, yet traders now confront a consolidation phase that could define the next multi-week move. Bullish Structure Faces Immediate Test $ETH staged an impulsive rally from roughly $1,800 to above $2,100 in recent sessions. Consequently, momentum flipped decisively after weeks of lower lows. Price now holds above the 20, 50, 100, and 200 EMAs, which cluster beneath current levels and reinforce bullish structure. However, resistance between $2,070 and $2,075 continues to cap advances. Sellers…

Former US Treasury Secretary and former Fed Chair Janet Yellen said that with the increase in geopolitical risks stemming from Iran, the Fed may adopt an even more cautious stance on interest rate cuts. Yellen stated that depending on how long the impact of developments in Iran on oil markets lasts, US economic growth could slow and inflationary pressures could increase. Speaking via video link at a conference in Long Beach, California, Yellen said, “Recent developments regarding Iran are pushing the Fed into an even more wait-and-see position. They will be more reluctant to cut interest rates than before.” Reminding…

Ripple CTO Emeritus David Schwartz has responded to claims that Ripple supports crypto regulations designed to shield $XRP while sidelining smaller projects. The debate resurfaced after Charles Hoskinson criticized Ripple CEO Brad Garlinghouse for backing the Clarity Act despite its flaws. Specifically, Hoskinson faulted Garlinghouse for supporting the bill in its current form, arguing that it favors established tokens like $XRP while automatically classifying newer projects as securities. During a livestream, he likened the move to “climbing up the ladder and pulling it up”. His remarks sparked mixed reactions. Some $XRP supporters argue that Hoskinson’s “ladder description” is unfair for…

Bitwise CIO Matt Hougan said the weekend US strike against Iran highlighted how quickly global finance could shift toward blockchain-based systems. Hougan said crypto markets became the main venue for price discovery while traditional exchanges were closed. In a memo published Tuesday, Hougan described how onchain platforms handled trading activity in the hours following President Donald Trump’s announcement of a strike on Iran. US equity markets, futures exchanges, and major currency trading desks were closed at the time, leaving investors without conventional outlets to react to the news. “As this weekend showed, investors now have an alternative,” Hougan wrote. “They…

The altcoin and blockchain projects with the most users, based on weekly active user count in the cryptocurrency market, have been announced. Data calculated using a 7-day moving average shows the number of unique transaction addresses on the networks and offers important clues about user engagement and adoption levels. Here are the altcoin networks with the highest number of active users in the cryptocurrency market over the past week, along with their percentage change compared to the previous week: $BNB Chain ($BNB) – 16.3 million (-1.8%) Near Protocol (NEAR) – 15.0 million (-1.3%) Solana (SOL) – 10.5 million (-18.8%) Tron…

Ethereum is attempting to stabilize above the $2,000 level as fresh details around the network’s long-term scaling roadmap, dubbed the “Strawmap,” inject renewed fundamental optimism into the market. Summary Ethereum is holding above $2,000 as the Ethereum Foundation unveils its “Strawmap,” a roadmap aimed at faster slot times and improved transaction finality. $ETH is consolidating between $1,900 and $2,100 after a sharp January–February sell-off, with $2,100 acting as key breakout resistance. Momentum indicators, including the Aroon Oscillator and Bull-Bear Power, are turning positive, suggesting early-stage accumulation but confirmation requires a decisive move above range highs. The proposal, outlined by Vitalik…

President Donald Trump’s cryptocurrency holdings have plunged since his inauguration on January 20, 2025, falling below the $1 million mark. The drop marks a sharp reversal from the optimism that surrounded his return to the White House and his crypto-friendly stance. According to data from Arkham Intelligence, the portfolio comprising crypto holdings linked to a public wallet address attributed to Trump was valued at $11.49 million on inauguration day but has since fallen to $704,845 as of press time. This represents a net decline of $10.76 million, or about 94%. A breakdown of the portfolio shows that TROG, once the…