Author: NBTC

Coinbase has pushed back against warnings from major US banking groups that the rise of stablecoins could prove harmful to the country’s financial system. The exchange claims that fears that dollar-pegged tokens may leverage deposits from conventional banks are “baseless and deceptive. According to them, these tokens have important real-world applications that should not be overlooked. This was after Coinbase’s policy chief, Faryar Shirzad, mentioned that the concept that stablecoins will destroy bank lending is inaccurate. “Most of the demand for stablecoins comes from outside the US, which helps increase the global influence of the dollar rather than competing with…

The executives at Meteora crypto exchange were accused over pump-and-dump MELANIA tokens Investors argue that Melania Trump’s name and image were used as “window dressing” MELANIA now trading at $0.09652 Court filings in New York have accused the designers behind the U.S. first lady, Melania Trump’s crypto project, of orchestrating a fraudulent scheme tied to her digital token, $MELANIA. The token was launched on January 19, 2025, a day before President Donald Trump’s inauguration. $MELANIA Designers’ Fraudulent Scheme According to the case filing on Tuesday, in the Southern District of New York, investors allege that executives at Meteora crypto exchange,…

Polymarket, the crypto-native prediction market which brought attention to that entire segment of the industry last year, is preparing to formally relaunch in the U.S. as soon as November, Bloomberg reported Tuesday. Trading would begin with limited user access and a focus initially on sports-related markets. Polymarket officially shut off U.S. access in 2022 after settling charges with the Commodity Futures Trading Commission (CFTC), which fined the company $1.4 million for running an unregistered derivatives platform and had it agree to block U.S.-based users. Since the settlement, it’s operated offshore while continuing to build its user base with crypto-based prediction…

Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup’s journey, from incorporation to fundraising and public trading, onto the blockchain. Speaking on the TBPN podcast, Armstrong described his vision for an onchain lifecycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC (USDC) and eventually go public through tokenized equity. “You can imagine this whole life cycle coming onchain,” he said, adding that such a shift could “increase the number of companies who go raise capital and get started out there in the world.” Armstrong said startups will…

November is almost here — and so is the debate over what lies ahead for the world’s second-largest cryptocurrency. Experts remain divided on Ethereum’s trajectory, leaving the market with a pivotal dilemma: is shorting ETH a wise move or a risky bet? Recent research and the performance of exchange-traded funds suggest caution. However, on-chain and derivatives data paint a different picture. Why Some Analysts Recommend Shorting Ethereum 10x Research positions Ethereum as a better hedge than Bitcoin for short sellers in the current climate. Their analysis, shared amid ETH’s recent slide to below $4,000, highlights a major weakness that could…

Gralinghouse said crypto remains in its early phase since no single approach or framework dominates the space yet. He firmly believes that the next sixteen years will be about growth and real utility in crypto Ammous explained that Bitcoin is like digital gold, but better for today’s global economy At the recent Future Investment Initiative (FII) event in Riyadh, Saudi Arabia, some of the biggest names in crypto gathered to talk about where the industry is heading. The panel, hosted by Fundstrat’s Tom Lee, included Jeremy Allaire, Saifedean Ammous, Ricardo B. Salinas Pliego, and Ripple CEO Brad Garlinghouse. During the…

A landmark bill proposed by the U.S. Congress may dramatically change the way people plan their retirement in the country by permitting investments in cryptocurrency and private equity in the 401(k) plans. The bill named Retirement Investment Choice Act, and it aims to cement the permission of these alternative assets to be included in retirement plans, further entrenching the increasing power of digital assets in conventional finance. The given move will formalize a policy initiated in the Trump administration that has already received certain criticism but stands a more streamlined chance of succeeding in Congress. The essence of the Retirement…

Defunct Bitcoin exchange Mt. Gox started to repay creditors two years ago, more than a decade after the company went bankrupt. But on Monday, the deadline to complete the return of billions of dollars worth of Bitcoin was pushed back by a full year to October 31, 2026.  Around 19,500 creditors have been repaid so far, but many others are waiting in the wings for funds they lost all the way back in 2014. The first batch of repayments in 2024 led to a sharp sell-off, as the refunded Bitcoin was immediately sold by many creditors who had watched patiently…

Kite AI, an advanced L1 blockchain entity, has integrated the X402 Agent Payment Standard of Coinbase, a well-known crypto exchange and blockchain. With the integration of X402 Agent Payment Standard, Kite AI is starting a new era in AI-led financial automation to significantly benefit AI agents. Kite AI’s official social media announcement discloses that the initiative lets AI agents seamlessly receive, send, and restore payments via systematized intent mandates. Hence, the move fosters increased efficiency and interoperability, enabling an inclusive network for AI transfers. Kite @GoKiteAI has been natively integrated with @coinbase’s X402 Agent Payment Standard since day one.As one…

Bitcoin (BTC) and altcoins experienced a major crash in October, contrary to bullish expectations. After fluctuating throughout the month, BTC and altcoins failed to achieve a strong rally. At this point, the largest altcoin, Ethereum (ETH), also fell to $3,700 in a decline triggered by the hawkish statements of FED chairman Jerome Powell. While investors’ panic selling and short positions were influential in this decline, ETH is having difficulty holding the psychological level of $4,000. While there is speculation about whether Ethereum will continue to decline, cryptocurrency analysis platform Santiment noted that the growing expectation of a downward trend could…