Author: NBTC

Arizona has announced that regulations concerning crypto ATMs are set to go into effect this week. The main intention of the regulation will be to tackle scams carried out with the machines. This way, residents and users of the ATMs would have an extra layer of protection when carrying out their transactions. The scam in question involves the use of crypto kiosks, which allow users to convert cash into Bitcoin and other digital assets. They are often located in some businesses or shopping malls. The scammers just have to use various con methods, including pretending to be a government official,…

Crypto miners are looking to use Brazil’s clean energy surplus without putting a strain on the grid. Summary Crypto miners are looking to exploit the overabundant clean energy in Brazil Tether is among the companies that are looking to leverage surplus power Brazil is experiencing a glut of solar and wind power due to subsidies Crypto mining might solve a peculiar problem with renewable energy. Mining firms are negotiating contracts with Brazilian power companies, looking to exploit the oversupply of clean energy, according to a September 30 report by Reuters. At least six crypto mining firms are now negotiating contracts…

Ethereum’s latest liquidation event may look similar on the surface to August’s flush-out, but the underlying market pattern tells a very different story. Data suggest that the previous wipeout reset leverage in a buyer-controlled uptrend, while this week’s crash unfolded in a seller-dominated, bearish setup. Ethereum Flashback? Not Quite In the past two months, the network has witnessed only two major long liquidations above $400 million. On August 14, Ethereum’s $444 million in long liquidations came amid a buyer-dominated environment. Open interest stood at $29 billion, and funding rates were positive at +0.013. This indicated aggressive long positioning and high…

Ross Ulbricht, creator of Silk Road and one of Bitcoin’s earliest public champions, didn’t waste time calling out Kamala Harris after she labeled him “the fentanyl dealer” in her new book, also criticizing President Trump for commuting his sentence. Ulbricht set the record straight: he was never prosecuted for dealing drugs personally, and fentanyl wasn’t part of his charges. Harris’s book claim sparks pushback Ulbricht’s post pulls no punches. His message is clear: Harris’s assertion was factually inaccurate, and the motivation behind it appears political, painting both Ulbricht and President Trump in a negative light. Ulbricht wrote: “The truth has…

The market cap of Bitcoin miners soared in September as firms in the space benefited from pivots to high-powered computing that feeds the burgeoning artificial intelligence sector, according to a report from JP Morgan.   Analysts at the banking giant highlighted the surge in a Wednesday report, noting that the combined value of the 14 top publicly traded miners it tracks passed $50 billion for the first time ever.  Top mining stocks this week have jumped in value with the price of the leading cryptocurrency, too, with Mara, Riot, and CleanSpark all up significantly over the week—and the past month. Those…

Ethereum dipped below $4,000 on Thursday, kicking off a technical bear market and causing Peter Schiff to sound the alarm once again. The move took ETH more than 20% off its August peak, where the token briefly touched $4,850 and marked the sharpest correction since early summer. The sell-off got worse once ETH hit $4,150. A heavy session dragged the major altcoin down to the $3,930 zone, canceling out weeks of gains and putting a damper on corporate treasury purchases that had been promoted as a stabilizing force. The latest breakdown means we are now looking at whether the second-biggest…

Bank of America (BAC) sees tokenization, the creation of a virtual investment vehicle on the blockchain linked to a tangible asset, as the next phase in the evolution of investment products, describing it as “mutual fund 3.0,” the Wall Street bank said in a Friday report. Just as mutual funds first emerged in 1924 and exchange-traded funds (ETFs) reshaped investing in the 2000s, blockchain technology could underpin a new generation of financial vehicles, analysts led by Craig Siegenthaler wrote. Real-world asset (RWA) tokenization is advancing quickly. The bank noted that firms like Securitize are working with managers including BlackRock (BLK),…

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins recently told Fox Business that the agency will pursue crypto rulemaking and seek an innovation exemption to maintain the U.S.’s leadership in digital finance. Summary In an interview with Maria Bartiromo, Paul Atkins clarified that the SEC is preparing an innovation exemption for the end of 2025. The exemption is designed to allow crypto companies to launch their products without fear of restrictive securities laws being applied to them. Atkins noted that the SEC and the CFTC are working closely together to provide the marketplace with a stable platform for introducing…

Ethereum fell to $3,830 on Thursday, dropping nearly 9% in 24 hours as Bitcoin dived to near $108,000. Crypto analyst IncomeSharks highlighted Ethereum price weakness amid the OBV indicator breakdown. XRP, Solana and BNB also dropped to or below key levels as cryptocurrencies plummeted. Ethereum (ETH) price has experienced significant volatility in the past week, with its value extending its decline in the past 24 hours as bears pushed the token to lows of $3,830. Having traded above $4,760 earlier this month, the near 9% dip in the past 24 hours and 16% dive in the past week have ETH…

Chinese enterprises involved in Belt and Road investments may soon adopt RMB-denominated stablecoins to reduce exposure to volatile local currencies, a move that could accelerate the internationalization of the digital RMB. Recent remarks from Liu Jing, chief economist for Greater China at HSBC Global Investment Research, indicate that the convergence of enterprise stablecoin issuance, the digital RMB, and Hong Kong’s new stablecoin framework could reshape cross-border financial flows. Liu noted that companies investing in emerging market countries often face sudden shifts in local currencies. Without practical hedging tools, these fluctuations raise operational and financial risks. To address this, several large…