Author: NBTC

Expectations for a December Federal Reserve rate cut have fallen sharply, with major platforms now showing odds below 50% for the first time in a month. Bitcoin dropped to $90,410, losing 5.4% in 24 hours as changes in monetary policy outlook hit risk assets. This abrupt shift marks a clear departure from previous certainty. Traders now await the November 19 FOMC minutes for insight into the Fed’s increasingly cautious approach. Rate Cut Odds Fall Sharply Across Key Platforms The odds of a December rate cut have reversed dramatically on multiple platforms. According to the CME FedWatch Tool, there is a…

U.S. Commodity Futures Trading Commission Acting Chairman Caroline Pham has moved again to advance President Donald Trump’s crypto agenda by eliminating old guidance on “actual delivery” of crypto commodities that she suggested might get in the way of the next steps. “Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the administration has set out to do this year,” said Pham in a Thursday statement. The guidance, established in 2020 during Trump’s first term, had sought to define “actual delivery” of assets during a crypto commodity transaction — a key concept under…

South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, have seen a notable increase in altcoin trading volumes over the past 24 hours. In particular, XRP, Moo Deng (MOODENG), and Ethereum stood out as the most traded assets on both platforms. An examination of total volume data reveals that daily trading volume for some altcoins has exceeded $200 million. XRP and Moo Deng led the market as the assets most in demand by Korean investors. Here are the altcoins with the highest trading volume and their trading volumes on South Korea’s two largest cryptocurrency exchanges in the last 24 hours:…

The Fed’s latest quarter-point rate cut may look routine, but the timing couldn’t be more significant. Powell’s upcoming exit has markets bracing for a change in tone — and possibly direction. Trump’s rumored nominees, like Kevin Hassett, have openly called for deeper rate cuts, which could push borrowing costs much lower than the Fed currently projects. But policy shifts don’t happen in a vacuum. The new chair will inherit a split committee, with several members still leaning hawkish. That means 2026 could become a tug of war between political pressure for cheap money and institutional caution against inflation. For Ethereum…

Futu Holdings posted a 144% jump in third-quarter profit, riding a wave of heightened trading activity in Hong Kong stocks and rapid expansion in cryptocurrency markets. The online brokerage reported net income of HK$3.22 billion ($413.5 million) for the three months ended September 30, compared with HK$1.32 billion a year earlier. Revenue climbed 86% to HK$6.40 billion ($822.9 million), according to results released today (Tuesday). Futu added 254,000 funded accounts during the quarter, pushing its total to 3.13 million, a 43% increase from the prior year and almost 10% compared to the Q2 2025. Hong Kong led client acquisitions for…

NEW YORK — Terraform Labs co-founder Do Kwon will wait a little longer than expected to find out how much time he will serve in prison for orchestrating a massive crypto fraud that wiped roughly $50 billion from the crypto ecosystem in May 2022. The lengthy hearing saw District Judge Paul Engelmeyer of the Southern District of New York (SDNY) spend the first hour or so berating prosecutors for dumping a mountain of victim impact statements — 315 letters — on both the court and the defense just 24 hours before the hearing kicked off. Half a dozen victims spoke at his…

Binance’s latest Proof of Reserves reveals a major shift in user positioning, where Bitcoin balances are climbing, while ETH and USDT fall. At the same time, Binance’s stablecoin over-reserves hit six-month highs, strengthening liquidity during ongoing market volatility. Bitcoin Accumulation Jumps as User Behavior Shifts Binance users increased their Bitcoin balances by 4% month-over-month, reaching 617,620 BTC, according to the exchange’s 37th Proof of Reserves snapshot. That’s an addition of 23,768 BTC since November 1. The exchange utilizes Merkle trees and zk-SNARKs to enable users to verify their balances without disclosing personal information. Current reserve ratios include: BTC: 102.11% ETH:…

Ethereum price action looks quiet, but the entire formation is slowly turning bullish. Over the past 24 hours, ETH has traded almost flat, while the past seven days show a modest 2.6% gain. Price has remained above $3,100 for several sessions, suggesting strength rather than exhaustion. This sideways move is not random. Ethereum is compressing near key levels, where breakouts often form. The next move depends on whether buyers, who are gradually returning, can turn this consolidation into a continuation. Bull Flag Structure Holds as the Breakout Zone Appears Ethereum appears to be breaking out after consolidating inside a bull…

Tether has made a strategic investment in Ledn, one of the foremost providers of bitcoin-backed consumer loans, in a move aimed at expanding access to credit secured by digital assets, the firm said in an emailed announcement on Tuesday. The size of the investment has not been disclosed. Tether declined to provide further details when contacted by CoinDesk. The investment forms part of Tether’s push to support real-world financial services built on digital asset rails. Bitcoin-backed lending allows users to access liquidity without selling BTC to unlock short-term capital. Ledn was the survivor of a rout of the crypto-backed lending…

The U.S. Department of Justice has issued two indictments against a Ukrainian individual accused of being involved with two Russian state-sanctioned cyberattack groups. 33-year-old Victoria Eduardovna Dubranova, a Ukrainian national who was extradited to the United States earlier this year, is alleged to have provided support to the CyberArmyofRussia_Reborn (CARR) and NoName. Justice Department Announces Actions to Combat Two Russian State-Sponsored Cyber Criminal Hacking Groups Ukrainian National Indicted and Rewards Announced for Co-Conspirators Relating to Destructive Cyberattacks Worldwide “Today’s actions demonstrate the Department’s commitment… pic.twitter.com/GVuieHxjG6 — National Security Division, U.S. Dept of Justice (@DOJNatSec) December 10, 2025 The indictment alleges…