Author: NBTC

On Monday, May 12, the defense in the Samourai Wallet case submitted a letter to the SDNY in which it made the case for the court to schedule a hearing regarding the information that came to light on April 1, 2025 about an August 23, 2023 call between the prosecution (“Government”) and FinCEN in which members of FinCEN stated that they didn’t believe that Samourai Wallet was a money transmitting business due to the noncustodial nature of the product. The submission of this letter comes on the heels of a letter that the prosecution submitted to the court on Friday,…

Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins via Bitpay’s HODL Pay In a message shared with Bitcoin.com News, Bitpay explained that in order to use HODL Pay, customers must collateralize crypto on Aave, a DeFi lending platform. Existing Aave users can immediately spend borrowed stablecoins; new users must first deposit eligible assets. Borrowed funds settle Bitpay invoices for retail purchases, travel, bill payments, or gift cards. Users generate a Bitpay…

As Bitcoin trades above $104,000, several large traders have initiated high-risk short positions, exposing themselves to steep liquidation threats. Leveraged bets against Bitcoin’s current bullish momentum are mounting, with at least three whale traders deploying massive capital using up to 40x leverage. These positions are already incurring heavy unrealized losses, while ongoing funding payments offer limited compensation against market pressure. Whale Wallet Faces Liquidation Risk at $105,700 According to a disclosure from blockchain resource Lookonchain, wallet address 0x51d9 has opened a $93 million short position on Bitcoin, deploying 40x leverage. Many gamblers are shorting $BTC with high leverage! 0x51d9 opened…

According to blockchain analytics firm Sentora (formerly IntoTheBlock), nearly $1.2 billion worth of Ethereum (ETH) was withdrawn from centralized exchanges during the seven days ending May 13, 2025. This large-scale movement coincided with uncertain netflows and increasing price momentum, signaling shifting investor approaches across the week. $1.2 billion worth of ETH has been withdrawn from centralized exchanges in the past 7 days.This sustained trend of net outflows, intensifying since early May, signals continued accumulation and reduced sell-side pressure. pic.twitter.com/fMYJmPOnB0 — Sentora (previously IntoTheBlock) (@SentoraHQ) May 14, 2025 ETH Exchange Flows Fluctuate Wildly, Culminating in Huge One-Day Deposit Between May 6…

BarriC, a prominent voice in the XRP community, has boldly claimed that banks and financial institutions have not yet fully adopted XRP. He bases this belief on XRP’s relatively low price, as the coin continues to trade around $2. According to BarriC, a significant indicator of widespread bank adoption would be a much higher price point. Current Prices Reflect a Pre-Adoption Phase He asserted that the price of XRP could soar into the hundreds or even thousands of dollars once global banks begin actively utilizing the digital asset. BarriC suggested that the value of XRP could reach levels such as…

TORONTO — Despite a recent setback, U.S. President Donald Trump should be able to sign stablecoin and market structure legislation before Congress goes on break in August, said White House official Bo Hines on Wednesday. Lawmakers are still discussing the legislation, which is good, said Hines, the executive director of the President’s Council of Advisers on Digital Assets, said on stage at Consensus 2025 in Toronto. “Negotiations are ongoing,” he said. “But I remain steadfast in my optimism that we’re going to achieve — the President’s desire is to do it — but stablecoin legislation and market structure legislation before…

Avalanche blockchain game MapleStory N launched on Thursday alongside a token and NFTs, in what some crypto gamers are hailing as one of the biggest rollouts to date in the industry. It was so significant that Avalanche saw a 549% spike over the past seven days in active addresses, according to Nansen data, as it processed the biggest NFT mint the network has ever seen. The recently launched game is the first title in an expanded MapleStory Universe ecosystem, which sees the beloved 22-year-old gaming IP adopt blockchain for the first time. Welcome to the universe, Maplers. 📸 by @btcpin…

After months of speculation, Binance may have dropped another big hint about a possible Pi Network listing—and eagle-eyed crypto enthusiasts are already excited. In a recent Facebook post, Binance shared its logo with a cryptic caption, “This is what happens when devs touch art with 0 design sense.” At first glance, it seemed unrelated to Pi Network. But sharp-eyed users quickly noticed multiple Pi symbols subtly hidden within the logo design. The comment section exploded with excitement, with fans writing, “Let’s gooo Pi!” and “Pi Network listing when?” Is this for real?byu/StyleMindless2222 inPiNetwork This isn’t the first time Binance has…

Bitcoin (BTC) extended its rally late Sunday, trading just below $104,000, buoyed by macroeconomic optimism and rising institutional demand. The world’s largest cryptocurrency is currently within striking distance of a new all-time high, with analysts calling a new record high plausible in the short term. Bitcoin traded at $103,926, down a marginal 0.12% over the past 24 hours, after briefly climbing above $105,000 earlier in the day. The cryptocurrency is currently only 4.5% below its previous all-time high of $108,786, reached in January. “Bitcoin is trading near all-time highs, supported by strong technical momentum that has it trading above its…

Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a short-term declining channel or a possible bullish flag forming with resistance at $2,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near $2,500 and start a fresh increase in the near term. Ethereum Price Dips Again Ethereum price remained supported and started a fresh increase above $2,620,…