Author: NBTC
US President Donald Trump announced that he would impose reciprocal tariffs on 185 countries on April 2, US Independence Day, and imposed a minimum 10% tax on all imports into the country. While Trump was on the world agenda with this statement, mutual tariffs caused sharp declines in both American stock markets and the Bitcoin (BTC) and cryptocurrency markets. While these declines turned the market upside down, Trump made a statement following the sharp declines in stock markets and the crypto market. Speaking to reporters on Air Force One, Trump said the collapse in markets due to tariffs imposed by…
Whale activity jumping 178% in a day signals rising institutional interest and may precede a significant price move—though confirmation is still needed. Chainlink’s strategic global partnerships, including with ADGM, strengthen its long-term positioning amid short-term technical uncertainty. Chainlink (LINK), the decentralized oracle network, has recently witnessed a significant uptick in whale activity, prompting speculation about a potential price breakout. Previously, CNF also revealed that Chainlink (LINK) rebounded to $15.25 after dropping to $13.18, with increased trading volume and volatility showing strong market activity. Such substantial movements by institutional investors, often referred to as “whales,” can profoundly influence market dynamics, potentially…
During a recent hearing held by the United States House Committee on Financial Services, Democratic Congressman Brad Sherman stated that he is on the side of “new coins” that are entering the market. The rationale behind this seemingly crypto-friendly stance stems from Sherman’s belief that the proliferation of countless coins will be “the undoing” of the industry. “There is really a battle that hasn’t quite broken out yet between the old coins and the new coins,” Sherman said. The 70-year-old lawmaker has been consistently one of the most anti-crypto voices in crypto. He has repeatedly highlighted a litany of crypto’s…
Binance has announced that it has launched a second round of community voting to decide which crypto projects can be removed from the platform. Binance Begins Second Delisting Vote This initiative invites users to vote for tokens they believe should be removed as part of Binance’s ongoing project monitoring and review process. Starting from 07:00 on April 10, 2025 until 02:59 on April 17, 2025, verified Binance users can cast their votes for projects tagged with a “Watch Tag,” a name given to assets under review for potential delisting. Voting Rules: Each verified user can vote for up to five…
Blockchain may soon be part of New York’s strategy to secure the democratic process. That’s the hope of Clyde Vanel (D-33), who filed Assembly Bill A7716 on Tuesday, proposing that the New York State Board of Elections study how blockchain technology could be used to protect voter records and election results. The bill, currently in the Assembly Election Law Committee, calls for a comprehensive report within one year, examining blockchain’s potential as a tool for election integrity. The legislation defines blockchain as a decentralized, cryptographically secured, immutable, and auditable ledger capable of delivering an “uncensored truth.” It mandates that the…
A standard market trend of previous bull cycles now plays out through Bitcoin’s ongoing market correction. Regarded historical events show that corrections which fall between 20%-40% indicate Bitcoin’s upcoming stage of accumulation before price continues to rise. Bitcoin maintains its position above bear market low points from 2022 as market equilibrium appears secure and shows indication of future price rise. Recent price movements suggest that Bitcoin’s current decline, though significant, aligns with historical trends observed during previous bull markets. Market analysts view this price correction as a standard mechanism of enduring growth that should not provoke worries. Bitcoin’s 32% Correction…
In an interview with BeInCrypto, Marcel Robert Harmann, the Founder and CEO of THORWallet, shares his journey from the early days of crypto to building a successful wallet. Despite the noise created by trends like meme coins and NFTs, Harmann’s belief in the transformative potential of decentralized finance (DeFi) remains steadfast, even as the industry faces challenges with regulation and reputation. Harmann also delves into the complex relationship between crypto and traditional finance, particularly when it comes to regulation, privacy, and the future of financial services. He discusses how THORWallet is bridging the gap between DeFi and CeFi, offering users…
The Japanese banking giant Mitsubishi UFJ Trust and Banking Corporation (MUFG) is approaching a historic milestone: the possible launch of the first Japanese stablecoin compliant with the country’s stringent regulatory standards. The project, which aims to integrate digital currency and regulatory security, could represent a turning point for the Japanese financial ecosystem and a testing ground for other countries with strict regulations. Mitsubishi presents a stablecoin compliant with Japanese law Progmat Coin: a platform to develop the Japanese crypto ecosystem Collaborate with the main crypto of Japan The objective: make Japan a hub for regulated stablecoins The role of stablecoin…
Ripple Labs and its flagship blockchain, the XRP Ledger (XRPL), continue to make waves in the cryptocurrency and Decentralized Finance (DeFi) industry. The company is pushing forward with strategic expansions and innovative projects, leveraging the XRPL and its native cryptocurrency, $XRP, to reshape global finance. While mainstream adoption of the XRPL has not yet been achieved, there is growing expectation within the crypto ecosystem that it could be the next big thing due to its unique features. With its streamlined development, high performance, low cost, and motivated community, the XRPL offers a solid foundation for innovation. This write-up explores XRP…
In a fiery House hearing, Rep. Maxine Waters took a shot at Trump’s numerous crypto ventures, accusing him of doubling his wealth at the expense of investors. Trump’s crypto ventures raise major concerns over corruption, Rep. Maxine Waters stated in a recent House hearing. On April 9, the Democratic congresswoman and House Financial Services Committee member accused Donald Trump of using crypto to enrich himself at the expense of investors and the public. Waters referenced his memecoin, the Official Trump token (TRUMP), which has plunged 89.93% from its all-time high of $75.35 in January. According to Waters, this “fraudulent memecoin”…