Author: NBTC

The crypto industry is mounting a counteroffensive against Wall Street bankers’ bid to rewrite the U.S.’ new stablecoin law, arguing that attempts to roll back core provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act would tilt the field toward traditional banks. In a letter to Senate Banking Committee leaders dated Aug. 19, the Crypto Council for Innovation and the Blockchain Association urged lawmakers to reject proposals from the American Bankers Association, Bank Policy Institute and state banking groups that called for stripping out Section 16(d) of the law and banning yield programs offered by affiliates…

Are you holding Binance NEO tokens? If so, there’s a crucial update you need to know. Leading crypto exchange Binance has officially announced that it will cease all deposits and withdrawals for tokens on the Neo Legacy (NEO) network. This significant change takes effect at 08:00 UTC on October 15. It’s vital for all Binance NEO users to understand the implications and take timely action. What’s Happening with Binance NEO Services? Binance, a global leader in cryptocurrency trading, confirmed its plan to halt support for Neo Legacy network transactions. This means that after the specified date and time, you will…

Standard Chartered has upped its Ethereum price targets, according to Walter Bloomberg, setting a new projection of $7,500 for the end of 2025, up from $4,000, and lifting its 2028 year-end forecast from $7,500 to $25,000. The reasoning for the new outlook may be in recently disclosed corporate reserve accumulation plans. Combined targets from several of these companies total $30.4 billion in ETH, compared with $7.59 billion that has already been held. Bitmine is the biggest planned allocation at $22 billion, aiming for about 5% of the total ETH supply. Other companies, like SharpLink Gaming, BTCS Inc., The Ether Machine,…

Warren Buffett has reduced Berkshire Hathaway’s stake in short-term Treasury bills by tens of billions of dollars and is doubling down on one broadcasting company’s stock. New SEC filings show Buffett’s short-term Treasury bill holdings declined by $42.867 billion at the close of the second quarter of the year when compared to December 2024, with total holdings of T-bills now at $243.605 billion. Meanwhile, Berkshire Hathaway purchased 5,030,425 more shares of Sirius XM Holdings (SIRI) last month at around $21 per share, bringing its total holdings of SIRI to 124,807,117 shares. SIRI is trading for $20.97 per share at the…

Harvard economist Kenneth Rogoff admitted that the Bitcoin (BTC) predictions he announced in 2018 did not come true. Harvard economist Kenneth Rogoff, who said in 2018 that Bitcoin was more likely to fall to $100 than to rise to $10,000, has admitted he was wrong. “BTC is more likely to fall to $100 than to reach $100,000 in the next decade,” Rogoff told CNBC in an interview in early 2018. “Because BTC is used for money laundering and tax evasion and doesn’t function as a transaction medium. If regulations start coming in worldwide, the price will collapse.” However, Rogoff admitted…

Immutable and Koin Games today unveiled Project O, a fast, competitive trading card game (TCG) designed from the ground up for mobile play. The title marries deep collection mechanics and character-driven lore with quick, strategy-first matches meant to slot neatly into a player’s day, think the tactical satisfaction of a classic card battler, but at a mobile pace. “Project O is shaping up to be one of the most anticipated releases in gaming, and I think players everywhere have been waiting for something like this,” said Robbie Ferguson, Cofounder & President of Immutable. “It represents a new generation of AAA…

Cryptocurrency exchange Gemini revealed a visible surge in losses for the first half of 2025, posting a net loss of $282.5 million compared to $41.4 million in the same period last year, according to its initial public offering (IPO) filing released last Friday. The results paint a challenging financial picture for the company led by billionaire twins Tyler and Cameron Winklevoss, even as they seek to capitalize on a wave of crypto companies going public on Wall Street this year. Revenue also declined during the six-month period, falling to $68.6 million from $74.3 million a year earlier. The widening losses…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH +9% to $4,700 ETHZilla stock (ATNF) pops 300% after ETH buys & Peter Thiel disclosure OKX’s OKB token jumps 130% after announcing a new buyback program Coinbase introduces stablecoin fund to deepen DeFi liquidity and help protocols grow 💰 Tom Lee’s BitMine Goes…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Manufacturers of bitcoin mining equipment won’t be feeling the pinch of a new round of tariffs the White House has imposed on the semiconductor industry, as the largest chip manufacturers like TSMC and Samsung have an exemption from the new rules due to their investments in the U.S. Officials in Taiwan confirmed to local press that TSMC…

Cryptocurrency exchange OKX has hired Marcus Hughes as its new vice president and global head of government relations, the company announced on Wednesday. Hughes, who has over two decades of experience scaling regulated businesses, most recently held the role of global head of regulatory strategy at crypto exchange Kraken. Prior to that, he was managing director for Europe and international general counsel at Coinbase. He also serves as a venture partner with U.S. venture capital fund Sentinel Global. A concerted embrace of crypto and blockchain-based assets around the world means large players are faced with navigating a complex web of…