Author: NBTC

Though U.S. Commodity Futures and Trading Commission chief Rostin Behnam never managed to make it happen, the derivatives watchdog is likely to one day play a more prominent role in overseeing cryptocurrency trading, something he will “continue to advocate” for after he’s gone. Behnam, who will step down on January 20 to make way for President-elect Donald Trump’s future appointee, said crypto “dominated every season of my tenure,” according to what will be his last public remarks as chairman delivered on Wednesday at the Brookings Institution. “Concerns regarding customer protections, increasing instances of fraud and market abuse, broader market resiliency,…

Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo. The notification cited compliance with guidelines published by the European Central Bank (ECB), the European Banking Authority (EBA), and the Bank of Portugal about risks associated with offering digital assets. Additionally, the notification states that the decision was driven by a need to ensure compliance with the country’s laws against money laundering and terrorism financing. BiG reported nearly €7 billion in assets under management in 2023, equivalent to roughly $7.2 billion.…

A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a 3% decrease from the previous month’s output of 150 BTC. This drop in mining output came as Bitdeer announced that it had fully repaid the outstanding principal balance of $10 million on the senior secured notes issued to the sellers for the acquisition of Troll Housing…

GraFun Labs has recently announced the Alpha Launch, a landmark token launch apparatus. Led by Floki Inu, Dexe Network, ThenaFi, and BNB Chain, the Alpha Launch permits GraFun Labs to set exclusive standards for community engagement, security, and transparency across Web3. The platform disclosed this development on its official social media account. 💥The Future of MEME Launches is Here!💥@GraFunLabs @RealFlokiInu, and @DexeNetwork are cooking the next legend — 🔥Alpha Launch🔥This groundbreaking token launch mechanic, with the support of @BNBCHAIN and @ThenaFi_ is about to redefine the MEMEs game!🧵 Let’s dive in 👇 pic.twitter.com/qlNMYGsahL — GraFun Labs (@GraFunLabs) January 8, 2025…

US Bitcoin ETFs will soon catch up to gold ETFs in size if they maintain their current accumulation rate. Bloomberg ETF analyst Eric Balchunas suggests these funds could eclipse gold ETFs by Christmas. As of November 23, Bitcoin ETFs in the US reached $107 billion in assets, which represents around 86% of the total net assets of gold ETFs, according to data combined by Balchunas and HODL15Capital. “They only lag gold ETFs by $23b, good shot to surpass by Xmas,” Balchunas stated. Bitcoin ETFs are closing the gap with Satoshi Nakamoto. These funds currently hold approximately 98% of Satoshi’s estimated…

Cryptocurrency price analysis brought by Coinidol.com. The price of Ethereum (ETH) has fallen below the moving average lines after rejecting the high at $3,746. ETH price long-term analysis: bearish Buyers have failed to sustain the positive momentum until the key price level of $4,000. Today, the largest altcoin was rejected at the $3,700 high and fell to $3,312. The selling pressure has eased and the altcoin is now hovering around the $3,300 support level. Since December 26, the bears have failed to push the price below the $3,300 support level. However, if Ether loses its $3,300 support, the market will…

As the Fed enters 2025, in a strong economy with inflation still running above its 2% target, Kansas City Fed President Schmid, a voting member of the Federal Open Market Committee (FOMC), made statements indicating a cautious approach to monetary policy adjustments. Speaking today at the Kansas City Economic Club, Schmid said interest rates may be approaching their long-run equilibrium. “We are now very close to achieving the dual goals of price stability and full employment,” Schmid said. He noted that inflation is gradually moving toward the Fed’s goal, economic growth continues to accelerate and the labor market remains healthy,…

Bullish momentum around the XRP ecosystem has seen it record significant milestones in market cap, new users, trading volume, and open interest. The XRPL native token has been one of the best-performing crypto assets in the past month. Macroeconomic boasts and imminent innovations in the XRP ecosystem have spurred an almost fourfold increment in the past 30 days. On Monday, XRP returned to the top three cryptocurrency rankings by market cap, surpassing notable assets like Solana and Tether’s USDT. The rapidly growing asset surged to a six-year high today, hitting a market cap of $140 billion. In few Hours $XRP…

Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea discussions. However, both parties anticipate the case will proceed to trial. Federal prosecutors argued that the Terraform ecosystem was built on deceptive practices. Assistant US Attorney Jared Lenow described Terraform’s operations as a “Potemkin village,” alleging that the company’s products were unstable and required manipulation…

Garanti BBVA Kripto, a subsidiary of Turkey’s Garanti BBVA, has announced a partnership with Luxembourg-based cryptocurrency exchange Bitstamp to provide crypto trading services to its customers. Turkish Bank Subsidiary Collaborates With Bitstamp This collaboration represents the first liquidity provider partnership for Garanti BBVA Kripto since its establishment in May 2023. The agreement designates Bitstamp as the principal liquidity provider for the platform, enabling access to a variety of digital assets through its Bitstamp-as-a-Service solution. This initiative is designed to integrate traditional financial services with the expanding cryptocurrency sector in Turkey. Renowned for its adherence to regulatory standards and global financial…