Author: NBTC
Trump’s “Big, Beautiful Bill” narrowly cleared the Senate in a tight 51–49 late-night vote. Republican Senators Thom Tillis and Rand Paul broke ranks, voting against Trump’s spending package Saturday. Bill keeps Trump’s 2017 tax cuts permanent, adds defense funds, cuts green energy tax credits. GENIUS Act and CLARITY Act merger could soon reshape crypto rules for U.S. traders. The U.S. Senate just gave the green light to President Trump’s widely discussed tax and spending bill, passing it with a narrow 51–49 vote late Saturday night What’s in the bill, why it’s stirring controversy, and what this means for Americans. Alongside…
Leading Bitcoin ATM installer in Europe, Kurant, is pausing operations in Germany as it’s waiting for a new license under the EU’s latest regulations. While the company made it clear this is not a permanent measure, the move is taking most of the Federal Republic’s crypto teller machines out of service. Bitcoin is unavailable at ATMs across Germany Kurant, the Austrian firm that currently runs the highest number of cryptocurrency ATMs in Europe, is temporarily halting operations in Germany. Starting from July 1, Bitcoin will no longer be available for purchase at ATM locations across the country, the German crypto…
Bitcoin’s supply on exchanges has fallen to its lowest level, raising expectations for a potential spike in volatility. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held across all centralized exchanges decreased to just under 2.5 million BTC as of late May 2025. This steady drop has been accompanied by a strong price rally, with Bitcoin most recently reaching a new all-time high above $111,500. The data indicates a significant divergence between exchange reserves and prices. While the quantity of Bitcoin held on exchanges has been declining, its value has increased. On the CryptoQuant chart, this is…
Shares of publicly traded Solana treasury company DeFi Development Corporation finished the trading day down following word that the company upsized its latest convertible notes offering to $112 million. The firm first announced a new convertible notes raise of $100 million on Tuesday before boosting it to $112 million Wednesday, with an option for initial note purchasers to add a further $25 million in the next seven days. The bulk of the net proceeds from this raise will be used for a prepaid forward stock purchase transaction of around $75 million, intended to allow select investors in convertible notes to…
Visa and Mastercard shares fell on Friday, wiping out over $60 billion in combined market value, as investors responded to news that major merchants, including Walmart, are looking towards the use of stablecoins to “bypass traditional payment networks.” Visa stock closed the business week down 4.98% at $352.85, while Mastercard dropped 4.62% to end at $562.03. The declines made both companies among the worst performers on the Dow Jones Industrial Average for the day. The selloff followed a report by The Wall Street Journal that merchants are assessing if stablecoins, digital currencies pegged to fiat assets such as the US…
pSTAKE rose almost 57% on May 21, leading the daily gainer altcoins. RIZ, SXT, and COOKIE all gained significantly as traders gravitated towards staking and utility-based assets. Mid-cap performers benefited from liquidity and visibility from major exchanges like Binance and Coinbase. Several altcoins on May 21, 2025, registered double-digit gains, with pSTAKE Finance (PSTAKE) topping the charts, logging a 56.9% price gain. Additionally, it highlighted a spike in interest around lower cap and mid-tier projects, trading on Binance and other mainstream centralized exchanges. DAILY GAINERS$PSTAKE +56.9% $RIZ +35.9% $SXT +28.8% $COOKIE +22.4% $MNDE +19.6% $KAITO +17.6% $EDGE +16.4% $WCT +14.3%…
Ripple’s legal standoff with the US Securities and Exchange Commission (SEC) has taken a significant turn following new legal interpretations of a recent court injunction. According to Fred Rispoli, an attorney closely monitoring the case, the court’s temporary restraining order pertains specifically to institutional XRP sales Ripple made before 2018. That means the company’s current and future sales to institutions are still legal, so long as they do not mirror the structure of those early transactions. The SEC asserts that Ripple’s $728 million XRP to institutional investors from 2013 to 2018 amounted to illegal sales of unregistered securities under US…
Coinbase is testing a new upgrade aimed at its most valuable users, and this time, CEO Brian Armstrong himself is confirming what’s behind the scenes. It is about Coinbase Concierge, a premium support program that gives top-tier clients access to dedicated human advisors for hands-on help, faster problem-solving and tailored strategic support. Only a few thousand people currently have access to Concierge, but the early feedback has been really positive, says Armstrong. The new service is being rolled out slowly to Coinbase One Premium subscribers and high-net-worth clients, and it is separate from the exchange’s standard 24/7 live chat and…
Even though the price of Bitcoin has more than doubled their production costs, miners are not selling their holdings. That is what Ki Young Ju, the CEO of CryptoQuant, recently highlighted with the Marathon Digital (MARA) example. The company right now is mining Bitcoin at around $51,700 per coin, while BTC is trading above $105,000. Even though these margins are big, on-chain data shows miners are mostly holding, not selling. If you look closely at MARA’s operational costs, you will see what Ju means. In the first quarter of 2025, it cost the company an average of $51,726 to produce…
A closely followed crypto strategist believes that the current Bitcoin pullback is setting up BTC for a move to new record highs. Analyst Justin Bennett tells his 115,000 followers on the social media platform X that BTC’s retracement will likely drive traders to believe that the bull market is over. According to the analyst, he expects Bitcoin to correct below $100,000 before it ignites a fresh leg up en route to $120,000. “This is the part where everyone gets super bearish, expecting a 2021-style macro top. It’s also probably where overly aggressive shorts get rekt. 1. The run-up isn’t even…