Author: NBTC

The US government has been shut down for over a month. While this has negatively impacted markets, including cryptocurrencies, the long-awaited agreement may finally be coming. The first step toward reopening the government has been taken, with the US Senate passing a temporary funding bill that will fund the government until January, according to The Block. The bill passed with 60 votes in favor and 40 against. This decision followed reports that senators had reached a partial deal to end the government shutdown. Fourteen previous Senate votes failed to meet the 60 votes needed to enact the budget bill. While…

A coalition of 125 crypto groups is pushing back against U.S. Senate efforts that could tighten stablecoin rewards rules. The dispute centers on whether Congress should expand the GENIUS Act’s ban beyond stablecoin issuers to platforms and apps. Industry leaders warn that changing the rules now could hurt consumers and tilt payments back toward traditional banks. A new policy fight is taking shape in Washington. More than 125 crypto and fintech organizations, led by the Blockchain Association, have urged the U.S. Senate Banking Committee to reject efforts that would expand restrictions on stablecoin rewards under the GENIUS Act. The group…

One whale recently made it abundantly evident that Ethereum is in a tense situation. Address 0xed41 opened a 20x short on 9,940 ETH (~$29.3M) while simultaneously purchasing 9,638 ETH (~$28.76M) on spot through Hyperliquid and Lighter, the same dimensions, the same moment, the opposite way. Ethereum’s price already back This is significant because it shows how smart money currently perceives ETH. After a robust recovery, the price is currently hovering just under $3,000, but the overall structure is still damaged. Every rally in the last few weeks has been difficult to sustain, and ETH is still below major moving averages.…

Saudi Arabia’s government is preparing to introduce stablecoins under national regulation, drawing praise from global crypto exchanges that see the Kingdom’s move as a milestone for digital finance. Saudi Arabia Eyes Stablecoin Launch According to a report from Alarabiya.net, the official website of the Saudi-owned international news channel Al Arabiya, the Minister of Municipal, Rural Affairs, and Housing, Majed al-Hogail, said Riyadh is working with the Capital Market Authority (CMA) and the Saudi Central Bank (SAMA) to launch regulated stablecoins soon. The effort aligns with the country’s Vision 2030 program, which seeks to diversify the economy and modernize the financial…

In a move that is sending ripples through the RWA ecosystem, one of Conflux’s founders, Yuanjie Zhang, who goes by Forgivenever on X and serves as a key ecosystem promoter — think Mert Mumtaz but for Conflux and RWAs — has publicly called out the RWA analytics platform RWA.xyz. His statement is coming at a sensitive time for the RWA sector, which witnessed an explosion of institutional interest in 2024 and 2025. In a long X post that Zhang penned in his native language of Chinese, the co-founder accused RWA.xyz of sharing biased data and selectively reporting blockchain networks. What…

Ethereum continues to struggle with price recovery as it repeatedly fails to close above the $3,000 level. ETH has shown brief upside attempts, only to retreat under selling pressure. While price action remains frustrating for holders, underlying network data points to strengthening fundamentals that may support future recovery. Ethereum Holders Are Staying Ethereum leads all major cryptocurrencies in non-empty wallet count. The network hosts more than 167.9 million active addresses holding balances. Bitcoin, by comparison, has about 57.62 million. Other top-cap assets trail significantly behind both networks. This dominance highlights Ethereum’s broad user base and diverse use cases. Decentralized finance,…

The cryptocurrency market roared back to life on Monday, adding roughly $170 billion in value within 24 hours as renewed optimism flooded global markets. At press time, the total crypto market capitalization stood at $3.58 trillion, up from $3.41 trillion the previous day, according to CoinMarketCap data. Bitcoin (BTC) led the rebound, rising 4.66% to $106,478, pushing its market capitalization past $2.1 trillion. Ethereum (ETH) followed with a 6.02% jump to $3,618, while XRP surged 8.59% to $2.48. Binance Coin (BNB) advanced 2.26% to $1,010, and Solana (SOL) extended its rally with a 6.05% rise to $167.79. Why the crypto…

The U.K.’s long-promised crypto regulatory regime edged closer to reality this week, as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in Britain. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to take effect in October 2027. For policymakers, the objective is to balance growth and innovation with market integrity and consumer protection. For the industry, the challenge is navigating an 18-month transition period in which the destination is clearer than ever — but still some distance away. “This is it for the U.K.,” Dea…

SWIFT, a global payments giant, has made progress on integrating a blockchain-based ledger into its payment network. According to the announcement, it has collaborated with global banks to design features like real-time transaction validation and smart contract enforcement for tokenized assets. In an interview, Thierry Chilosi, our Chief Business Officer, stated, “We Swift, will take the lead at the infrastructure level, making sure the technology is there. We’ve collaborated with Consensys for the first phase of the prototype, but working with the financial institutions is critical.” Swift collaborates with over 30 global financial institutions Swift will initially focus on enabling…

According to the data provided by WhaleAlert, a pre-mine address containing a total of 2,000 ETH ($5.9 million) was recently activated after more than 10 years of inactivity. Initially, the tokens in question were worth only $620. In the first 14 days of the 2014 sale, the price was fixed at 2,000 ETH for 1 BTC. That investor paid exactly 1 Bitcoin (approx. $600 at the time) for that wallet. Other notable activations Over the past two months, there has been a notable cluster of “sleeping giant” Ethereum wallets waking up. On Dec. 1, an address with 40,000 ETH (roughly…