Author: NBTC
A Nobel-winning economist has predicted that Bitcoin will go to zero within 10 years. Eugene F. Fama, who is often dubbed as “The Father of Modern Finance,” told the Capitalisn’t podcast that this digital asset’s rise has “a predictable ending.” He argued that it would prove “unsustainable” to have a whole financial system built using blockchains because this would require too much computing power—and “all we know about monetary theory” suggests cryptocurrencies shouldn’t survive. “Cryptocurrencies are such a puzzle because they violate all the rules of a medium of exchange,” Fama said. “They don’t have a stable real value. They…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. In the realm of macro risks, this week is stacked with market-moving events — particularly relevant to risk assets. “Liberation Day” on Wednesday could trigger sweeping tariffs and exacerbate trade war fears, while Friday’s US jobs report will test the resilience of the labor market and offer clues into future Fed policy moves. Throw in Eurozone CPI, Fed Chair Powell’s post-jobs-report remarks, and a Congressional hearing on the future of stablecoins, and you have a volatile mix of economic, political and regulatory items converging at once. Oh,…
President Donald Trump on Tuesday signed two executive actions forcing the Treasury Department to move fast on modernizing how the federal government moves money. The orders require electronic payments to be used “whenever possible” and hand over full payment processing duties to the Treasury to stop fraud and tighten control. This happened at the White House, where Trump said, “We’re doing this, and we have other modernization programs going on… these are steps that should have taken place decades ago.” According to official government information, most federal payments already go through direct deposit, but paper checks are still being used…
RLUSD, the U.S.-dollar-backed stablecoin launched by blockchain payments firm Ripple Labs Inc, shows an impressive outlook on Bullish, a top crypto trading platform. According to on-chain data, the stablecoin has seen its volume drop over 20.57% to $158.86 million. Despite this slip, it has maintained a relatively positive volume on Bullish Exchange, a Gibraltar-based crypto trading platform. RLUSD In Rally Mode When Ripple Labs launched the RLUSD, it ensured it went live on top global exchanges. However, some, like Bullish, which integrated the stablecoin later on, have become a critical market for the stablecoin. Per data from CoinMarketCap, two key…
The U.S. crypto industry has undergone a significant turning point with help from the White House, according to Securitize Chief Operating Officer Michael Sonnenshein. Speaking during an interview on Bloomberg TV, the former Grayscale CEO discussed the obvious change in how the White House is dealing with the crypto industry. Notably, the Biden administration’s tone was defined by enforcement actions while the Trump administration is signalling a willingness to collaborate on innovation. “It really is night and day,” Sonnenshein said. “Crypto was still operating under a regime of regulation by enforcement. Now, lawsuits have been dropped, the White House has…
OKX has published its 29th consecutive Proof of Reserves (PoR) report, consolidating its commitment to transparency in the crypto sector. The new report, dated March 31, 2025, reveals that the exchange holds $24.6 billion in primary assets, marking an 11% growth compared to the previous year. The independent verification was conducted by Hacken, a company specializing in blockchain security, confirming that user deposits are backed by reserves exceeding 100%. The report includes a detailed breakdown of the reserves, updates on the internal auditing infrastructure, and new features regarding security and user awareness. OKX: independent verification and reserves over 100% Growth…
With the crypto market ready for a bullish comeback, the speculations of a Bitcoin rally is increasing in the market. As BTC price prepares for a bounce back, improving numbers in the derivatives market and the rising institutional support hint at a bounce back above $100,000. Bitcoin ETFs Continue To Buy Along with the intraday recovery, the Bitcoin ETF in the U.S. market registers a daily total net inflow of $66.38 million on February 5. Among the top ETFs, 9 maintained a net zero flow, while BlackRock, Wisdomtree, and Fidelity maintained a positive inflow. BTC ETFs BlackRock acquired $44.35 million…
Bitso, a crypto exchange focusing on Latin America, is entering the increasingly attractive stablecoin market as global adoption accelerates. The company’s business development unit, Bitso Business, has established Juno, a subsidiary dedicated to issuing and managing digital assets including stablecoins. Bitso Business also recently appointed Ben Reid as head of stablecoins to drive the firm’s ambition in the stablecoin market. The first token Juno issues is a fully-backed Mexican peso stablecoin (MXNB), aiming to facilitate cross-border payments and financial transactions between businesses across the region. The firm deployed the token on Ethereum layer-2 Arbitrum. Stablecoins, now a nearly $230 billion…
Berachain launched its “proof-of-liquidity” layer-1 blockchain Thursday while commencing its BERA token airdrop to the community—with the value of the airdrop allotments hitting $1.17 billion at Thursday’s peak price. Trading for BERA is now live on major centralized exchanges including Binance, OKX, and Coinbase. The token briefly surged to a peak of $14.83 after launch, but has fallen approximately 49% to $8.00 at the time of writing. The network, which spun out of a 2021 Ethereum NFT project, raised more than $100 million to bring its chain and novel consensus mechanism to fruition. Berachain is finally real. pic.twitter.com/hN8KEzrkXO — Berachain…
David Sacks, the White House crypto czar, celebrated a big victory today. He announced that the Federal Deposit Insurance Corporation (FDIC) is following the U.S. Office of the Comptroller of the Currency (OCC) in removing “reputational risk” as a factor in bank supervision. This change effectively rolls back the controversial Operation Chokepoint 2.0 policies, which had led to the unfair debanking of crypto companies. Sacks said that this is a big step forward for crypto. Operation Chokepoint 2.0, which was supported by figures like Senator Elizabeth Warren, used vague criteria like “reputational risk” to target crypto businesses. This meant that…