Author: NBTC

Are you keeping an eye on the evolving world of digital assets? The global conversation around cryptocurrency regulation is constant, and India has just made a significant move concerning its India crypto regulations. Instead of crafting entirely new rules, the nation has decided to stick with its current supervisory system, a decision that has significant implications for the crypto space. Why India Opted for Existing Crypto Regulations? The Indian government, after careful consideration, has determined that integrating cryptocurrencies into the mainstream financial system would pose considerable risks. This isn’t a decision taken lightly; it reflects a deep concern for financial…

Key Takeaways Upbit, South Korea’s largest crypto exchange, is launching a blockchain network called ‘Giwa’ chain. This move signifies Upbit’s entry into blockchain infrastructure development, expanding its business beyond exchange services. Dunamu, the company behind South Korea’s leading crypto exchange Upbit, is rumored to be developing a new blockchain project under the name GIWA, according to newly surfaced trademark filings. The trademark applications cover blockchain software, digital asset infrastructure, and crypto-related technologies. Both filings include stylized logos alongside the GIWA name, suggesting development of a branded blockchain platform or ecosystem. Industry observers suggest Dunamu may be developing its own layer…

World Liberty Financial bridges traditional finance with blockchain technology through the adoption of stablecoins, governance tokens, and planned lending tools built on proven infrastructure. Since launching in 2024, the project has raised over $550 million through token sales, while establishing its USD1 stablecoin as the sixth-largest globally, with a market cap of $2.65 billion. The Trump family’s involvement distinguishes WLFI from typical crypto projects. Donald J. Trump serves as the “chief crypto advocate,” while the family controls 22.5 billion WLFI tokens (22.5% of the total supply) through DT Marks DEFI LLC. Separately, the family is contractually entitled to 75% of…

Ethereum price started a fresh recovery wave above the $4,300 zone. ETH is still struggling to gain momentum and might slide below $4,250. Ethereum is still struggling to recover above the $4,450 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $4,370 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,450 level in the near term. Ethereum Price Recovery Faces Hurdles Ethereum price started a recovery wave after it…

Pro-Bitcoin (BTC) analyst Timothy Peterson made striking assessments about the Fed’s monetary policy and market outlook. Peterson argued that keeping interest rates at current levels would not solve structural problems but would instead make the economy suffer even more. According to Peterson, the Leading Economic Index (LEI) has declined by 5% or more before every recession in the last 50 years, and the Fed has cut interest rates each time. However, despite the LEI experiencing a historic decline between 2022 and 2025, the Fed has still not cut interest rates. The analyst described this as anomalous, stating, “There’s a recession…

According to a recent report by The Economic Time, a whopping 93% of Indian investors want to have some sort of cryptocurrency regulation. Among these investors, 56% want to make sure that regulation will ensure investor protection and stability. Twenty-four percent of those from the pro-regulation crowd want minimal regulation in order to be able to foster innovation. The remaining 13% want regulation only for taxation purposes. Notably, the overwhelming majority of the survey respondents (84%) believe that cryptocurrency taxes are currently unfair. Major impediments The current taxation regime and the lack of regulatory clarity are believed to be stifling…

Key Takeaways Chainalysis has expanded its XRP Ledger functionality with automatic token recognition. This enhancement will allow better tracking and identification of tokens on the XRP Ledger network. Chainalysis has expanded its blockchain analytics support for XRP Ledger (XRPL), adding automatic recognition for over 260,000 tokens on the network, including fungible, non-fungible, and multi-purpose tokens, according to a Monday announcement. The integration enables monitoring of XRPL tokens through Chainalysis KYT (Know Your Transaction) with real-time alerts and continuous tracking. Users can access the expanded capabilities through the company’s entity screening products and Reactor investigations tool to track fund flows, investigate…

Layer 1 blockchain Sonic, formerly known as Fantom, is grappling with a steep drop in total value locked (TVL) across its ecosystem, raising questions about the sustainability of its growth strategy. Sonic’s TVL has fallen from $1.1 billion in May to $367 million as of today, a decline of roughly 67%, according to DeFiLlama. For context, Fantom had previously reached a TVL high of around $9 billion in early 2022. Sonic TVL The drop coincided with the end of Sonic’s 5-year deal with market maker Wintermute, underscoring how hard it can be for new blockchains to keep users and funds…

A significant event has captured the attention of the cryptocurrency world: a massive Galaxy Digital ETH transfer. Recently, the prominent cryptocurrency financial services firm, Galaxy Digital, moved a substantial amount of Ethereum (ETH) – precisely 10,039 ETH, valued at approximately $44.04 million at the time – to an anonymous address. This intriguing movement, first highlighted by Onchain-Lenz, has sparked considerable discussion within the crypto community. What Exactly Happened with This Galaxy Digital ETH Transfer? Understanding the specifics of this on-chain transaction is crucial. Galaxy Digital, a well-known institutional player in the crypto space, executed a large-scale transfer of Ethereum. Here’s…

The cryptocurrency world is buzzing with significant news! American Bitcoin, a prominent mining firm, is making headlines with its ambitious plan to list on the Nasdaq stock exchange. This pivotal move, backed by the two sons of former U.S. President Donald Trump, Eric Trump and Donald Trump Jr., aims for an early September debut, according to a Reuters report. This development signals a major step for a crypto mining company entering traditional financial markets. What is American Bitcoin and Its Nasdaq Journey? American Bitcoin is not just another mining operation. Founded by Eric Trump, in collaboration with established Bitcoin miner…