Author: NBTC

Coinbase just flipped the switch on direct Indian rupee bank transfers, letting users in India deposit and withdraw funds through the country’s Immediate Payment Service (IMPS) network. It’s a move that effectively removes the biggest friction point for Indian crypto traders on the platform: getting money in and out without jumping through hoops. The integration gives Indian users access to spot markets, perpetual futures, and Coinbase’s Advanced Trade interface, all from a single platform connected to local bank accounts. For a market with roughly 150 million crypto users, that’s a big deal. From regulatory exile to banking rails Here’s the…

Bitcoin has pulled back to retest a support line sitting around $74,500, a level that has been central to technical analysis for months. The line served as resistance multiple times in March, formed the April low last year, and was broken to the upside in April. Bitcoin has now come back to test it from above. Whether this level holds or breaks will determine the direction of the market for the sessions ahead. What the Charts Are Saying The pullback from the May highs has unfolded as a three-wave decline rather than five waves. In technical analysis that distinction matters…

Ersham has reportedly been meeting with Venezuelan officials, floating possible investments in the energy and fintech sectors. He recently appeared in a tech event hosted by Banco de Venezuela, promoting the nation’s potential to become the “best country in Latam.” Key Takeaways: Coinbase co-founder Fred Ersham, worth $2.6B, met with officials to explore deeply undervalued assets. While locals rely on stablecoins, Ersham appeared at an event to promote the ripe local market. To bridge the isolated economy, Erebor Bank’s Jacob Hirshman pitched an idea to the central bank chief, Luis Perez. Coinbase’s Fred Ersham Shows Interest in Venezuela’s Economic Recovery…

Cardano has climbed to the second position among Layer 1 blockchains by validator count. According to Token Terminal, Cardano has emerged as the second-largest Layer 1 blockchain by validator count. The milestone strengthens Cardano’s reputation as one of the most decentralized proof-of-stake networks in the crypto industry. Key Points Cardano has become the second-largest Layer 1 blockchain by validator count. Data from Token Terminal shows Cardano currently operates with approximately 2,900 validators. Cardano surpassed several major Layer 1 blockchains in validator participation, including Algorand, Solana, and Polkadot. Popular staking provider Everstake stated that Cardano’s distributed validator structure could help drive…

The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, and the National Cryptocurrency Association (NCA) says the vote’s most enduring effect may be the signal that Washington is building a defined regulatory framework for digital assets. The bill still needs a Senate floor vote, and Democrats have raised objections around anti-money-laundering provisions and political conflicts of interest, while banks and crypto firms have yet to agree on how to treat stablecoin rewards. Those disputes are live, but NCA says the committee advance already sends a message that ordinary consumers need to hear. Ali Tager,…

Last week, net outflows from spot Bitcoin [$BTC] ETFs totaled $1.257 billion. The last time such a week-long outflow trend occurred was in December 2025. On the 18th of May, Bitcoin ETFs saw outflows totaling $648.6 billion, with BlackRock’s IBIT experiencing the largest outflows at $448.4 million. Bitwise’s BITB, Invesco’s BTCO, Franklin Templeton’s EZBC, VanEck’s HODL, and Fidelity’s FBTC were among the other asset managers that recorded outflows. For the others, there were no flows. Source: Farside Investors Did other days of the week also record these huge outflows? Despite a decrease in outflows on the 19th of May, the…

Nvidia (NASDAQ: NVDA) has released its latest investment portfolio in a quarterly Form 13F filing, highlighting a sizeable increase in its holdings. According to filings with the Securities and Exchange Commission (SEC), the American semiconductor giant indicated its equity holdings were valued at about $18.37 billion as of March 31, 2026, an increase from approximately $13.1 billion recorded at the end of 2025. The filing shows that Nvidia’s portfolio remains heavily concentrated in companies tied to AI infrastructure, semiconductor development, networking, and cloud computing. In this regard, the technology company’s largest holding is Intel (NASDAQ: INTC), which accounts for roughly…

The House Agriculture Committee is pressing President Donald Trump to nominate four commissioners to the Commodity Futures Trading Commission (CFTC), warning that the agency is not well-equipped to handle its expanding mandate with only one member in place. In a joint letter on Friday, Committee Chairman Glenn “GT” Thompson and Ranking Member Angie Craig urged Trump to seat a full bipartisan panel of five commissioners alongside CFTC Chairman Michael Selig, who has been the agency’s sole commissioner since taking office in December following a wave of departures. “The public, the markets, and the agency itself will be best served by…

$BTC supply at a loss has returned to levels typical of a bear market. As of May 2025, 7.75M coins are held at a loss, testing the patience of investors. $BTC traded just above $77,000, leaving a larger part of the supply at a loss. The coins at a loss varied between 7.64M and 7.75M, depending on the exact metrics. $BTC supply in loss remains elevated, while the average cost basis is very close to the current market price, building an overhang of spot $BTC for a capitulation event. | Source: CoinGlass. The overhang of coins held with unrealized losses…

Intesa Sanpaolo crypto exposure jumped sharply in the first quarter of 2026, giving fresh weight to the idea that major banks are still finding new ways to build positions in digital assets through fund and trust structures. Italy’s largest bank lifted its crypto-related assets to about $235 million in Q1 2026, up from approximately $100 million in Q4 2025. That is a big move in a single quarter. However, it was not just a matter of adding more crypto risk overall. The bank also changed the mix, increasing its Bitcoin holdings, adding Ethereum exposure for the first time, opening a…