Author: NBTC

U.S. crypto lobbyists watched with excitement in recent days as a pair of votes cemented what they’d hoped: Congress is on their side. The industry that battled with pariah status just three years ago has staunch allies now in the White House and inside the U.S. financial agencies, and the recent votes in the Senate and House of Representatives on an Internal Revenue Service rule demonstrate that their support among lawmakers runs deep. So many Democrats joined the sector’s reliable Republican allies on those votes that crypto advocates suggest they may not have to give up much in negotiations over…

Since altcoins like Ethereum are having trouble gaining traction, Bitcoin’s market dominance has increased to almost 60% – a four-year high. This indicator shows how resilient Bitcoin has remained on a market where interest in other digital assets is waning. BTC continues to be the focus of investor attention even though the overall market is moving sideways and the volatility of the cryptocurrency space is also decreasing. Bitcoin’s dominance is approaching its highest level since 2021, which indicates a change in market sentiment as investors choose BTC over riskier altcoins. Ethereum and other alternative assets have not been able to…

After an initial minting peak, stablecoins are starting to flow out of Solana. The network initially received additional USDC, gaining over $12B in stablecoins. The stablecoin supply on Solana is decreasing after peaking at above 12B tokens. Most of the inflows came from USDC adding billions in liquidity over the past few weeks. In the past week, Ethereum added another $1.1B in stablecoins while Solana liquidity shifted as stablecoin issuers slowed down new token creation, and some tokens left the ecosystem. Over the same period, Solana decreased its total supply of USDC and USDT by 772M tokens. Ethereum, Solana, and…

The following is an opinion piece by Tom Howard, Head of Financial Products and Regulatory Affairs at CoinList. Stablecoin Act drafts that would effectively ban Tether and other non-US stablecoin issuers from the US market due to offshore operations are circulating. This approach is a significant policy error. A robust global reserve currency thrives by exporting itself to foreign markets, not pulling it back home. Attempting to force all USD-denominated stablecoins to reshore deposits to US banks ignores a critical monetary principle known as “Triffin’s dilemma,” which describes how exporting currency overseas strengthens international demand but risks domestic inflation if…

Freya by Virtuals will migrate from Base to Solana with 1:1 token swap over the period of 10 days Freya by Virtuals (FREYA), an in-game agent utility token in the game STARFALL CHRONICLES, is migrating from Base (BASE) to Solana (SOL), according to the project’s recent announcement on X. Specifically, FREYA will migrate to the USDC pool on Solana. The process is a 1:1 token swap, meaning no increase in market cap. The token’s USD value will remain the same at the Solana TGE, in which FREYA holders will receive new tokens from the team treasury. However, Freya holders will…

The SEC is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs, FOX Business senior correspondent Charles Gasparino reported today. SCOOP: Off of @EleanorTerrett’s scoop from yesterday on the @Ripple – @SECGov settlement negotiations, one issue that is being weighed by the commission is whether $XRP continues to trade and have a utility that makes it more a commodity and not a security. I am told the… — Charles Gasparino (@CGasparino) March 13, 2025 Gasparino said that securities regulators are evaluating whether XRP shares characteristics with commodities like Ethereum, which the SEC currently views as…

Heroes of Mavia (MAVIA) turned into one of the trending tokens for the day, after years of borderline irrelevancy. The Heroes of Mavia game continued to function, though the native token was left behind as interest in Web3 gaming diminished. Heroes of Mavia (MAVIA), one of the leading Web3 games during the 2021 boom, is trying to recover its influence. The MAVIA token was among the strongest gainers on Monday, with a non-stop rally taking the asset to a one-month high. For the past few days before the rally, MAVIA was showing signs of being oversold and forgotten. The token…

Trading volume over the past 24 hours surged by more than 51% but bitcoin’s price barely budged. Volume Surges but Bitcoin Struggles for Momentum Bitcoin (BTC) is experiencing minor losses despite a surge in trading volume and a rise in futures market activity. At the time of reporting, BTC is priced at $96,752.07, marking a 0.21% decline over the past 24 hours and a 0.56% drop over the past week. The cryptocurrency has fluctuated within a 24-hour range of $95,835.09 to $97,275.90, indicating a period of consolidation as traders assess market conditions. (BTC price / Trading View) Trading Volume Surges…

A man climbed the iconic Hollywood sign on Saturday, waving a flag promoting Solana meme coin Vigilante (VIGI). Following his action, the token pumped to a $3.85 million market cap, before tumbling 69% to approximately $1 million. The unidentified man waved a white flag atop the D of the sign for about an hour, NBC Los Angeles reported, before he was coaxed down by park rangers and law enforcement. Police later confirmed to local news station KTLA that the individual was taken into custody. Vigilante! pic.twitter.com/iAyPoLEqrF — Vigilante (@Vigilantetoken) February 16, 2025 The flag that the man was holding clearly…

A federal jury in the Northern District of California on Wednesday convicted cryptocurrency entrepreneur Rowland Marcus Andrade of wire fraud and money laundering connected to the sale of a token called AML Bitcoin. The charges stemmed from an initial coin offering Andrade conducted for AML Bitcoin in 2017 and 2018. Early court filings covered by CoinDesk alleged Andrade, a Texas resident, falsely told investors that AML Bitcoin tokens would ultimately be converted into actual AML Bitcoin tokens — a cryptocurrency that never launched and was named to resemble the popular Bitcoin token. The conviction marks the conclusion of one of…