Author: NBTC

Russia’s monetary authority is not going to ban citizens from holding or selling already acquired cryptocurrencies, but intends to limit new purchases in the future. This was made clear by one of its top executives, who detailed the regulator’s new approach towards the growing market in a broad interview for a leading Russian media outlet. Moscow is preparing to comprehensively regulate the country’s crypto sector in the coming months, including by introducing a licensing regime for digital asset exchanges and defining who will be granted legal access to decentralized digital assets. Bank of Russia to keep ordinary Russians away from…

Cryptocurrency exchange Binance published its 37th Proof of Reserves report dated December 1. According to the report, while there were notable changes in user assets, the exchange generally maintained reserve ratios that more than covered customer balances. In Binance’s latest snapshot, user balances and exchange reserves of dozens of assets, including Bitcoin, Ethereum, USDT, BNB, SOL, XRP, USDC, were compared. Users’ Bitcoin holdings on Binance reached 617,620 BTC. This represents a 4% increase compared to November 1st. 23,768 BTC were added to user balances in the past month. The reserve ratio for BTC was recorded at 102.11%, meaning Binance holds…

A stark warning from a top analytics CEO is sending shockwaves through the crypto world. Alex Svanevik, CEO of blockchain data platform Nansen, has issued a dire prediction: Ethereum could become obsolete by 2030. His critique isn’t about technology alone but targets the community’s mindset, suggesting a dangerous complacency could be Ethereum’s downfall. Why is the Nansen CEO sounding the alarm on Ethereum? In a recent post on X, Alex Svanevik highlighted a troubling pattern. When presented with data showing Ethereum falling behind competitors in key growth metrics, the community’s common response is dismissal. Svanevik observed that people often label…

President Donald Trump has outlined a timeline for his proposed $2,000 “tariff dividend,” telling reporters his administration expects payments to start reaching eligible Americans around the middle of 2026 or later if Congress approves the plan. The White House wants to channel tariff revenue toward “moderate” and “middle income” households, but the idea still lacks clear legal authority and runs into budget constraints. For markets, that mix has become another source of uncertainty as Bitcoin and other digital assets lose ground. Related: Trump Tariffs Spark $19 Billion Crypto Liquidations in 24 Hours White House Sets 2026 Goal While Legal and…

Robinhood is moving into Indonesia through the planned acquisition of a licensed brokerage and a registered crypto trading platform, marking one of its most significant international expansions to date. Summary Robinhood plans to buy an Indonesian brokerage and crypto trading firm. The move expands its presence into a high-growth retail trading market. The acquisitions follow rising activity across tokenized assets and new product lines. In a Dec. 7 announcement, Robinhood Markets said it has agreed to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a regulated digital asset trader. The move gives Robinhood an immediate…

Ethereum remains locked in a corrective phase, with the price struggling to reclaim key resistance levels despite recent rebound attempts. While downside momentum has slowed, the market has yet to show the demand strength required to transition into a sustained bullish continuation. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH continues to trade below a dominant descending trendline that has capped the price action since the November peak. Each recovery attempt has stalled beneath this structure, reinforcing the broader corrective bias. The asset is currently trading around the $3,1K level, below both the 100-day and 200-day…

Nearly one in five Americans say they would rather receive cryptocurrency than a gift card this holiday season, according to a new survey from the National Cryptocurrency Association (NCA) and PayPal. The report, which surveyed more than 2,000 U.S. adults, found that 17% prefer crypto over traditional gift cards, while 31% believe digital currency gifts are less likely to go unused. Moreover, nearly a quarter of adults have given or are considering giving crypto this holiday season. Among current crypto holders, nearly two-thirds (around 65%) are giving or considering gifting crypto, and half expect to receive it themselves. Consumers cited…

Claire Gill, the London-based lawyer who represented infamous crypto scammer Ruja Ignatova in 2017, is now being prosecuted for sending “improper” legal threats to victim Jennifer McAdam over YouTube videos discussing the OneCoin scam. As you may know, Ruja disappeared in 2017 shortly after, and US investigators now accuse her of taking nearly $4 billion by selling fake crypto tokens. The FBI later placed her on its Ten Most Wanted Fugitives list. One of her co-founders received a 20-year prison sentence after admitting to fraud. Regulators say Gill knew there was a “strong possibility” OneCoin was fraudulent when she targeted…

The largest US-based cryptocurrency exchange, Coinbase, has announced the reopening of its app for registration in India. This move comes in after the crypto exchange halted its services in the country for more than two years. This reentry follows the company’s registration this year with the Financial Intelligence Unit, India (FIU), thereby ensuring compliance with the country’s anti-money laundering (AML) regulations. Meanwhile, apart from reopening in India, John O’Loghlen, the director for Coinbase in the Asia-Pacific region, hinted at the firm’s plans to launch a fiat on-ramp next year during India Blockchain Week (IBW). He further explained that the exchange…

A dispute between the Aave decentralized autonomous organization (DAO), which governs the Aave decentralized finance (DeFi) protocol, and Aave Labs, the main development company for Aave products, over fees from the recently announced integration with decentralized exchange aggregator CoW Swap, continues to flare up. The issue was raised by pseudonymous Aave DAO member EzR3aL, who said that the fees generated by crypto asset swaps using CoW Swap were going to a different onchain address, not the treasury of the Aave decentralized autonomous organization. Instead, the fees are going to a private address controlled by Aave Labs. EzR3aL raised several questions,…