Author: NBTC
Tyler Winklevoss accuses JPMorgan of halting Gemini’s onboarding after he criticized the bank
Tyler Winklevoss is accusing JPMorgan Chase of halting efforts to onboard his crypto company, Gemini, after he publicly criticized the bank on X. The comments came on July 19, shortly after Bloomberg reported that JPMorgan had decided to start charging fintech companies for access to their users’ banking data. Tyler said this new policy would financially destroy fintechs that help people link their bank accounts to platforms like Gemini. Tyler took his frustration to X, tagging Jamie Dimon, the bank’s chief executive, in his post. “Sorry Jamie Dimon, we’re not going to stay silent,” Tyler wrote. “We will continue to…
Bitcoin recently reached a new all-time high (ATH) but encountered a brief pullback as the market overheated. However, with the resilience in the ETF market, Bitcoin has largely returned to normalcy. With substantial ETF inflows, Bitcoin’s price could soon push past its previous ATH. Bitcoin is Ready To Bounce Back The Network Value to Transaction (NVT) Ratio spiked earlier this month, following a similar spike in June. The NVT Ratio measures the relationship between the network value and transaction activity. A rising NVT Ratio suggests the network value was exceeding the transaction activity, which generally is a sign of the…
While Ethereum is gaining momentum with huge investors injecting it with dollars and ambitious Ethereum treasury companies starting to pop up, the Ethereum exit queue began to grow quickly after July 16. It doubled between July 23 and July 24, exceeding 680,000 ETH by the evening. This sum is equivalent to $2.5 billion. What does it signal? If people prefer to sell their ETH holdings rather than stake them, does it mean the price will go down soon? Summary $2.5 billion worth of Ether will be unstaked in around 11 days. It is the biggest exit queue in Ethereum’s history…
South Korea’s Largest Bank KB Kookmin Files Registration Application for Stablecoins! Here Are the Details
South Korea’s largest bank, KB Kookmin, has filed 17 different stablecoin-focused trademark applications in parallel with efforts to create the legal basis for stablecoins indexed to local currencies in the country. South Korea’s Largest Bank KB Kookmin Files Trademark Applications for Stablecoin Consortium The applications cover possible stablecoin symbols such as KBKRW, KRWKB, KBST, and KRWST. According to data from the South Korea Intellectual Property Rights Information Service (KIPRIS), these applications were filed between Monday and Tuesday. Product classifications include software for virtual/digital currencies and software that manages cryptocurrency transactions with blockchain technology. Speaking to local media outlet Aju Economic…
Hedera To Earn (HTE) has announced the official launch of a new platform aimed at aggregating several apps to work under a unified reward system based on the $HTE token. The shift will place Cashtree, Mars Labs and Berryfox under the same ecosystem where users gain rewards on various sets of applications built using Hedera Hashgraph. The shared incentive layer will be a $HTE token that is registered with Hedera token ID 0.09184724. Individual partner apps can still maintain their tokens and are compatible with the rewards in the form of $HTE. Today, @HederaToEarn (HTE) announced its imminent launch on…
A bold federal push to integrate crypto assets into mortgage underwriting is igniting fierce backlash as lawmakers warn of destabilizing shocks across the U.S. housing finance system. US Senators Warn Crypto May Unleash New Wave of Housing System Shocks A rising policy shift linking crypto to housing finance has drawn sharp scrutiny from several U.S. lawmakers as concerns grow about volatility risks, regulatory blind spots, and governance conflicts. U.S. Senators Jeffrey Merkley, Elizabeth Warren, Chris Van Hollen, Mazie Hirono, and Bernie Sanders sent a letter on July 24, 2025, to Federal Housing Finance Agency (FHFA) Director William Pulte, demanding detailed…
Elon Musk reacts to a joke about hacking Satoshi Nakamoto’s Bitcoin wallet, sparking fresh crypto speculation. Grok humorously accepts the challenge but calls the $200 offer unrealistic due to the wallet’s complexity. As Bitcoin’s price surges, the idea of Satoshi overtaking Musk in net worth fuels online buzz. Elon Musk, CEO of Tesla and SpaceX, has stirred up the crypto crowd once again, this time with a simple laughing emoji. His reaction came after a playful post on X, where a user offered $200 to Grok, Musk’s AI chatbot, to crack open the Bitcoin wallets believed to belong to Satoshi…
FED Chairman Jerome Powell Talked About Interest Rate Cuts and Cryptocurrencies! “Will They Buy Bitcoin (BTC)?” He Answered the Question!
FED Chairman Jerome Powell will present the “Semi-Annual Monetary Policy Report” to the House Financial Services Committee yesterday and today. Powell, who made his first presentation yesterday, made important statements on many topics from interest rate cuts to cryptocurrencies. Accordingly, the FED Chairman stated that inflation would increase in the coming months due to tariffs, but added that he supports interest rate cuts later this year. At this point, Powell stated that tariffs will have an impact on inflation in the summer months, and that this impact could be short-lived or long-lived. “The FOMC’s obligation is to keep long-term inflation…
Pressure is mounting in the battle over consumer banking data as major banks freeze crypto partnerships, raising urgent questions about access, competition, and fintech innovation. JPMorgan Sparks Crypto Uproar With Sudden Freeze on Gemini Re-Onboarding Big banks are turning up pressure on fintech and crypto firms as they work to restrict free access to consumer banking data, potentially reshaping the future of open finance. Crypto exchange Gemini’s co-founder, Tyler Winklevoss, revealed on social media platform X on July 25 that JPMorgan Chase halted its plans to reinstate Gemini as a client following his outspoken criticism of the bank. He stated:…
Societe Generale, the 19th largest bank in the world, has taken an innovative step regarding Bitcoin and Ethereum. Accordingly, French banking giant Societe Generale and ETF issuer 21 Shares have established a partnership. 21Shares announced a partnership with Societe Generale to increase the liquidity of its ETPs in Germany and Eastern Europe. Under this agreement, Societe Generale will provide liquidity and market-making services for 21 Shares’ Bitcoin and Ethereum (ABTC, CBTC, AETH, CETH) ETPs in European markets. The bank will provide over-the-counter (OTC) liquidity to support 21Shares’ Bitcoin and Ethereum trading. This collaboration will see 21Shares’ BTC and ETH products…