Author: NBTC

Crypto’s relationship with Washington is rapidly evolving as the industry takes a more assertive role in US politics, signaling a shift from outsider status to growing influence across the federal landscape. This week on Byte-Sized Insight, we examine how lobbying, political spending and access are reshaping crypto’s presence in the Capitol and what that may mean for decentralization, market competition and future policy. Presidential pardons The recent presidential pardon of Binance co-founder Changpeng Zhao catalyzed the conversation, prompting scrutiny into whether crypto’s expanding political footprint is driving outcomes. While some industry figures framed the case as government overreach, critics pointed…

South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, have seen notable increases in trading volume over the past 24 hours. Trading volumes for altcoins like XRP, SynFutures, Virtuals Protocol, Ethereum, and Avantis have reached record levels. The combination of data from the two exchanges revealed that investors are particularly interested in XRP and newly released altcoins. Here are the 15 altcoins with the highest trading volume on Upbit and Bithumb: XRP – $334.9 million (Upbit: 232.0M / Bithumb: 102.8M) Virtuals Protocol (VIRTUAL) – $218.4 million (Upbit: 151.2M / Bithumb: 67.2M) SynFutures (F) – $203.6 million (Upbit: 169.9M / Bithumb:…

IREN stock rocketed up after the former Bitcoin miner and data center company said it had inked a $9.7 billion deal with Microsoft in the latest transaction between a Magnificent Seven firm and crypto infrastructure provider.  Sydney, Australia-based IREN, which has pivoted to AI cloud computing, shot up to nearly $73 per share Monday morning New York time—a nearly 21% rise. IREN has since settled at around $67.30.   The deal will allow Microsoft to access to Nvidia’s  NVIDIA GB300 GPUs as it presses ahead with its AI ambitions. Microsoft stock also rose on the news.  “This agreement not only validates…

Cryptocurrency analyst The DeFi Investor has shared a list of altcoins and important developments to watch as we enter the new week. According to the analyst’s post, both project-based launches and macroeconomic developments will be the focus of investors in the coming days. According to the list shared by The DeFi Investor, the prominent projects and events this week are as follows: Chainlink (LINK): The project’s SmartCon conference will begin on November 4. Lighter: The platform will launch spot trading in November. Ether.fi (ETHFI): Voting on the $50 million token buyback offer will end on November 3. Pendle (PENDLE): The…

Ethereum closed October with limited price growth as long-term holders (LTHs) significantly reduced their positions, triggering bearish pressure across the market. As November begins, the market awaits signs of renewed confidence among ETH holders. Ethereum Holders Show Skepticism The Age Consumed metric reveals that October witnessed Ethereum’s largest wave of long-term holder activity since July. Spikes in the metric indicate that older coins were moved or sold, often signaling increased selling pressure from experienced investors. The cumulative activity in October far exceeded that of the prior two months, highlighting a notable lack of conviction among LTHs. This sharp rise in…

Crypto traders remained on edge as they await Fed Chair Powell’s speech following the FOMC meeting set to wrap up later today. Summary Fed Chair Jerome Powell is set to deliver a speech on the Fed’s latest policy decision and economic outlook later today. CME’s FeWatch tool shows odds of a 25bps cut at 99.9%. Bitcoin and major crypto assets experienced modest losses over the past 24 hours. According to data from crypto.news, the total crypto market cap slipped 1.2% to around $3.9 trillion, with most major tokens posting mild losses. At press time, Bitcoin (BTC), the world’s largest cryptocurrency,…

Kenya’s Finance Act 2025 replaces the Digital Asset Tax with excise duty on crypto platform service fees. The VASP Act mandates registration, KYC compliance, and Kenyan board representation for all crypto firms. Coordination between the CBK and CMA will guide implementation as Kenya strengthens regulation of its crypto sector. Kenya has introduced a major change to its cryptocurrency taxation system, replacing the Digital Asset Tax with an excise duty on platform fees. The reform, part of the Finance Act 2025, aims to align the country’s approach to digital asset taxation with international standards. The adjustment follows the enforcement of the…

Aster App is now available on iOS, increasing accessibility and mobile trading convenience for users. ASTER shows potential to move toward the $3 level after strengthening price structure and market momentum. The official Aster DEX app, the Aster App, is finally available on the iOS App Store. Previously, the app was available for download through the Google Play Store, allowing users to open, monitor, and trade directly from their mobile devices at any time. Want to test the newest Aster features on iOS?Download via TestFlight: https://t.co/qBp6NrYAsD — Aster (@Aster_DEX) October 25, 2025 Concurrently, discussions regarding the potential price of the…

The crypto stablecoin arena has a new rising star, and its name is Ethena. This is thanks, in large part, to its flagship synthetic dollar, USDe, which has been one of the top-performing assets among the crypto top 100 in recent months. By August 2025, USDe’s supply had surged to approximately $12 billion, making it the third-largest stablecoin in the market, capturing a ~5% share of the entire sector. Unlike traditional stablecoins (USDC, USDT, etc.), USDe is yield-bearing, offering holders roughly 9–11% APY through a delta-neutral strategy that hedges collateral while earning funding yields. USDe market cap over the past…

“Ethereum for Institutions” helps businesses integrate with the Ether ecosystem. The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs. ETH eyes rebounds as whales accumulate. The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain. Unveiled today, October 29, the site aims to supercharge Ethereum adoption among top companies. The official announcement reads: Ethereum is the neutral, secure base layer where the world’s financial value is coming on-chain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement. The foundations Enterprise…