Author: NBTC

Yes, Bitcoin is legal in India. This means that you can legally hold, buy and sell cryptocurrency. It is also legal to mine cryptocurrency in India. However, India is yet to adopt a framework for regulating cryptocurrencies. While Bitcoin is unregulated in India, that does not mean that you don’t have to pay taxes on profits you make from selling Bitcoin (or any other cryptocurrency). In India, there is a 30% tax and a 4% cess on cryptocurrency gains. Even though Bitcoin is legal in India, it is not legal tender in the country. That means that $BTC can’t be…

Ethereum faces resistance near key levels, but the surge in active addresses signals growing network engagement and potential for recovery. Ethereum ($ETH) is experiencing further volatility, as seen in the recent price movements. Trading at $2,113, the largest altcoin by market cap has faced a sharp decline, dropping 6.99% in the last 24 hours. $ETH’s price has fluctuated between $2,110 and $2,230 in the past 24 hours. The token is notably down 29.67% over the past 7 days and 36.17% over the last 90 days. Year-to-date, $ETH has shed 28.74%, signaling a persistent downtrend. Looking at the long/short ratios, Ethereum…

Wall Street broker Bernstein is kicking off 2026 by naming blockchain lender Figure Technology (FIGR) its top investment idea, citing the company’s potential for rapid growth in a new market. Bernstein’s bullish call is driven by Figure’s role in modernizing legacy banking infrastructure by moving traditional ledgers onto blockchain rails, a theme the analysts believe is gaining urgency amid banking sector uncertainty and a more assertive regulatory framework for crypto. “Figure upgrades legacy banking ledgers to the blockchain ledger,” analysts led by Gautam Chhugani wrote in a note on Wednesday, adding that the company’s “business model can evolve rapidly towards…

In November of 2017, convicted child sex offender and late financier Jeffrey Epstein informed an individual who had previously declined a marriage offer from Bitcoin entrepreneur and Tether co-founder Brock Pierce via email that it was “time to grow up.” “Plans?? Brock? Travel?” Epstein asked the person, who he had once described as Pierce’s “little” girlfriend—and his own assistant—in an email to Joi Ito, the former director of MIT Media Lab. In response, the person told Epstein that she was doing her best. The job market was tough, but she still viewed employment as a form of independence. At the…

Ethereum continues to face technical pressure as short-term price structure weakens and broader market confidence remains fragile. On the 4-hour chart, $ETH maintains a clear bearish trend, with lower highs and lower lows guiding price action. The recent recovery attempt toward the $2,125 area failed to alter this structure, reinforcing the view that the move lacked conviction. Hence, traders remain cautious as price stays below critical resistance zones. Bearish Structure Dominates the 4H Chart Ethereum trades below all major exponential moving averages, including the 20, 50, 100, and 200 EMAs. These levels now slope downward and cap upside attempts. Additionally,…

The CLARITY Act debate has largely revolved around the tug-of-war between banks and crypto firms over stablecoin yield. While that conflict dominates coverage of what is framed as a market-structure bill, it obscures a quieter and potentially more consequential issue. Once enacted, the CLARITY Act would formally legitimize regulated crypto roles and implicitly subject them to Bank Secrecy Act compliance. Even without explicit mandates, this risks entrenching a surveillance-first model that pressures intermediaries to delist privacy assets and abandon privacy-by-design before Congress has openly debated the trade-offs. Banks Join Talks on Stablecoin Yield On Monday, industry insiders met with advisors…

We have seen this fight over stablecoin yields before, and history instructs us that we should not shortchange innovation in favor of protecting incumbent interests. Right now, the banking lobby is pushing hard to upend the bargain Congress struck in the GENIUS Act last year. In that landmark bill, Congress prohibited stablecoin issuers — those who are statutorily permitted to create and offer stablecoins in the United States — from offering stablecoins that paid the holder an interest rate. In other words, a stablecoin issuer is prohibited from offering you a dollar-equivalent token that will be worth $1.04 in a…

TL;DR Italian tax police raid Triestina Calcio, owned by crypto firm House of Doge, for alleged money laundering and fraud. The probe focuses on €10M in public funds and ~€40M in transfers from U.S. and Canadian banks. Despite large capital injections, the club carries €60M in debt, pointing to questionable financial management. Italian tax police executed a search operation at the offices of Triestina Calcio, a third-division team controlled by U.S. cryptocurrency company House of Doge. Authorities investigate alleged money laundering, fraudulent accounting, and false invoices. Agents conducted inspections at the club’s headquarters located in Trieste, a northeastern Italian city,…

The Ethereum network is experiencing its most active phase to date. However, this does not necessarily indicate a bullish outlook. Recent on-chain data shows Ethereum reaching a major milestone as transfer counts hit a record high. Historically, similar signals have not always led to positive price performance. In addition, a sharp spike in exchange inflows raises concerns that selling pressure has not yet subsided. How Does Ethereum’s Current Situation Compare to 2018 And 2021? Entering February, CryptoQuant data shows that Ethereum Transfer Count—the total number of token transfers—measured by a 14-day moving average, reached a record level of 1.1 million.…

A newly registered trader on Polymarket, one of the most widely used online cryptocurrency prediction market websites, has managed to turn a nearly $330,000 profit in a single day. Going by the name of NBA101, the trader has made 48 predictions since they joined earlier this month, most of them sports-related. The latest was an $82,000 bet on Sacramento Kings vs. Los Angeles Lakers on January 13, which turned a 312% profit of approximately $256,500 for a total win of more or less $338,000 when the Sacramento team beat the L.A.-based rival 124:112. Adjusting for a nearly $9,000 daily loss…