Author: NBTC

Blockchain intelligence firm Arkham recently identified a public Ethereum address belonging to the LinkedIn co-founder and venture capitalist, Reid Hoffman. Their tracking data shows that Hoffman holds a substantial $6.1 million strictly in $ETH. This shows that he has a heavily concentrated “long” position on the asset. On top of his liquid $ETH holdings, Hoffman is the owner of a highly coveted CryptoPunk NFT, which Arkham noted he purchased for 150 $ETH. A long-time crypto aficionado Hoffman has been a vocal observer and active investor in the cryptocurrency space for over a decade. Last year, he revealed that his investment…

A bipartisan group of lawmakers in the US House of Representatives has introduced legislation aimed at halting prosecution of software developers who do not have custody or control of others’ crypto assets. In a Thursday notice, Representatives Scott Fitzgerald, Ben Cline and Zoe Lofgren said that they would be sponsoring the Promoting Innovation in Blockchain Development Act in an effort to change how to handle criminal cases potentially involving blockchain developers. The bill would clarify that Section 1960 under US federal law, on the “prohibition of illegal money transmitting businesses,” would apply only to actors with control of others’ digital…

Former $BTC-e operator Alexander Vinnik has advised users of the infamous cryptocurrency exchange and its successor, WEX, to seek restitution for their funds from U.S. authorities. According to the Russian crypto entrepreneur, who returned to his country in a prisoner swap agreement with Washington, the assets of both trading platforms have been seized by the United States. $BTC-e’s Vinnik forwards client money claims to America Alexander Vinnik, co-founder of what was once the largest crypto exchange in the Russian-speaking crypto space, $BTC-e, has recommended that clients of the now-defunct platform address requests for the return of their missing funds to…

After a sharp risk-off move across digital assets, Ethereum price today is hovering near the lower end of its recent trading range as traders reassess short-term risks. $ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Daily Chart (D1): Macro Bias – Bearish, But Oversold Price vs EMAs (Trend Structure) RSI (Momentum / Exhaustion) MACD (Trend Momentum) Bollinger Bands (Volatility & Positioning) ATR (Daily Volatility) Daily Pivots (Short-Term Reference Levels) 1-Hour Chart (H1): Short-Term Flow – Bearish, But Stabilizing Price vs EMAs RSI (Intraday Momentum) MACD (Intraday Trend) Bollinger Bands (H1) ATR (H1 Volatility) Hourly Pivots 15-Minute Chart (M15): Execution…

PayPal Holdings, the digital payments giant, is not currently engaged in acquisition discussions with Stripe or any other potential buyer, despite recent speculation about a possible takeover by the fintech firm. Executives at the payments company have spent months working with advisers to prepare defenses against a potential activist investor campaign or an uninvited acquisition bid, according to a Semafor report. Bloomberg reported this week that privately held payments company Stripe was exploring a potential acquisition of all or part of PayPal. However, Semafor said such a deal appears unlikely, noting that a new chief executive is set to take…

The crypto industry’s stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S. Office of the Comptroller of the Currency’s newly proposed set of stablecoin rules. Even as OCC chief Jonathan Gould testified in the U.S. Senate on issues that included crypto oversight on Thursday, people in the industry said they’ve been trying to understand his agency’s 376-page proposal to regulate domestic issuers under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act that became law last year. The allowance of stablecoin yield and reward has not…

Self-custodial cryptocurrency wallet MetaMask is rolling out its Mastercard-enabled spending card in the United States, with first-time availability in New York. MetaMask parent company Consensys on Thursday announced the general availability of the MetaMask Card across the US following initial pilots in 2025 and 2024. With the US launch, MetaMask Card joins existing availability in Argentina, Brazil, Canada, European Economic Area countries, Mexico, Switzerland and the United Kingdom, with additional markets to follow, the company said in an announcement shared with Cointelegraph. “This is the first time MetaMask Card is available across 49 states, and the first time users in…

Ethereum faces sustained selling pressure as weak demand raises the risk of a liquidity sweep before any rebound attempt emerges. Ethereum ($ETH) is trading at $1,828, marking a 2.87% decline over the past 24 hours. The intraday chart shows $ETH initially trading above the $1,900 level before facing sustained selling pressure that pushed price action into a steady downtrend. After breaking below the $1,880 region, bearish momentum accelerated, leading to a session low near the $1,820 area. The price has since attempted minor stabilization, but it remains firmly in negative territory, reflecting persistent short-term weakness. Meanwhile, derivatives and volume data…

Anthropic CEO Dario Amodei publicly rejected the Pentagon’s demand on Thursday. The Defense Department wants unrestricted military use of the company’s AI technology. The deadline, just hours away, could see the $380 billion startup expelled from the US military’s supply chain. The showdown marks the first time a major AI company has publicly defied a US government threat to seize control of its technology. The Standoff In a blog post published on Anthropic’s website, Amodei called the Pentagon’s threats “inherently contradictory,” noting that one designates Anthropic as a security risk while the other treats Claude as essential to national security.…

Decibel, a fully onchain perpetuals exchange incubated by Aptos Labs, is now live on the Aptos mainnet, the Decibel Foundation said Wednesday. The debut follows a public testnet that drew more than 700,000 unique accounts and 132,000 daily active users, according to the foundation. Users executed over 1 million trades per day during testing, and more than $58 million was committed through a pre-deposit campaign ahead of mainnet activation. Decibel’s debut comes during an intensifying race among onchain perpetuals exchanges. The past year has seen a surge of competition, led by Hyperliquid, which remains the category’s dominant venue by volume.…