Author: NBTC
Chicago Fed President Austan Goolsbee said on Monday that the U.S. Federal Reserve could cut interest rates if large-scale tariffs can be avoided. Avoiding these tariffs through trade agreements or other means could pave the way for easing monetary policy, given the strong economic fundamentals and positive trend in inflation, according to Goolsbee. Speaking at the 2025 Mackinac Policy Conference, Goolsbee likened the economic impact of tariffs to “a layer of fat on top of healthy abs,” adding, “If we can take that layer off, you’ve got a six-pack underneath.” Goolsbee’s statements came after the US Trade Court ruled to…
Key Insights XRP price gears up for a rally as Ripple’s RLUSD receives approval from Dubai’s DFSA for use in the DIFC. XRP price holds $2.14, with a breakout above $2.30 signaling targets of $2.50, $2.65, and $3.00. UAE stablecoin transactions grew 55% in 2024, highlighting rising demand for blockchain-based payment solutions. XRP price is showing bullish signs as Ripple’s stablecoin RLUSD receives approval from the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). This development may support XRP’s momentum as the token holds key support and approaches a breakout level, with investors watching…
BOSTON, June 12 (Reuters) – A Russian-born founder of a cryptocurrency financial services firm avoided having to spend any further time in a U.S. prison on Thursday for participating in a wide-ranging scheme to manipulate the market for digital tokens on behalf of his company’s clients. Federal prosecutors in Boston had argued that Aleksei Andriunin, the founder and CEO of cryptocurrency “market maker” Gotbit, deserved a 15-month prison sentence after he pleaded guilty in March to charges that he conspired to commit market manipulation and engaged in wire fraud. Instead, U.S. District Judge Angel Kelley sentenced him to just eight…
DaGama, a RWL (Real-World Locations) platform, has announced a strategic partnership with Kaanch Network, a Layer-1 Blockchain platform designed to promote Real-World Asset Tokenization adoption across the world. With this alliance, the two platforms aim to develop strong coordination within the Web3 ecosystem. DaGama is an AI and blockchain-focused travel platform designed to offer genuine travel experiences and discoveries with trusted reviews. It is a user-driven map that allows people to post exciting places and earn rewards (in the form of digital assets) for their recommendations. This platform helps people to discover interesting destinations worldwide and businesses to gain important…
The Bitcoin community has been having a heated debate, and now one of its most outspoken members is raising the alarm. Samson Mow, the former Blockstream CSO and current CEO of JAN3, says that Bitcoin Core — the main software most nodes use — has become a “risk to Bitcoin.” It was in response to a thread by Bitcoin developer James O’Beirne, who challenged recent claims that Bitcoin users are completely free to “just do things” if they don’t agree with Core. That idea was pushed by Jameson Lopp, who said sovereignty is a mindset — and that people should…
Andrew Kang, a leading cryptocurrency market analyst and partner at crypto investment platform Mechanism Capital, has warned that Ethereum Treasury Strategy firms may go the same way as the ETH exchange-traded funds (ETFs) – a wave of excitement followed by underwhelming success. In a recent post on X, he likened the anticipated fate of ETH treasury companies to that of the much-hyped spot ETH ETFs, which received approval from US regulators last year. Despite initial market optimism, early ETF trading volumes have been modest at best, giving way to harsh market reality. A Parallel to the Underwhelming Spot ETH ETF…
Crypto investment firm Pantera Capital revealed a series of concentrated bets on a growing class of publicly-traded companies holding large digital asset reserves on Thursday. Among Pantera’s portfolio is Twenty One Capital (CEP), a Bitcoin-focused treasury firm led by Jack Mallers and backed by Tether, Softbank and Cantor Fitzgerald, according to a note by general partner Cosmo Jiang. The firm also disclosed it is an early backer of DeFi Development Corp (DFDV), which applies the model to Solana SOL$169.19, and Sharplink Gaming (SBET), the Ethereum ETH$2,658.72 treasury play supported by Ethereum software firm ConsenSys, per the note. This investment push…
Jupiter DAO has kicked off vote on whether to formally integrate its unofficial media arm, JUP & JUICE, as a Full Working Group with a dedicated budget. Jupiter DAO is currently holding a vote to decide whether to officially establish JUP & JUICE Media Studio as a Full Working Group, giving it a formal budget and ongoing role within the DAO. The vote went live on June 2 and runs until June 6. As of now, over 449 million votes have been cast—well above the minimum threshold of 198 million needed for a valid result. JUP & JUICE have been…
The filing has reiterated the bid by Ripple and SEC to modify Judge Analisa Torres’s ruling to enable a settlement. The SEC under Chair Paul Atkins has avoided crypto litigations but promised clear crypto regulations. XRP price has been forming a complex bullish continuation pattern amid anticipated 2025 altseason. The United States Securities and Exchange Commission (SEC) and Ripple Labs filed another motion to U.S. District Court Judge Analisa Toress requesting the dissolution of the existing injunction. According to the court filing dated June 12, 2025, both parties requested the court to order a release of the $125 million penalty…
Animoca Brands, the Hong Kong-based Web3 digital property rights company, has partnered with Cross the Ages, a fantasy-meets-sci-fi transmedia ecosystem built on blockchain technology. The partnership, disclosed on Friday, builds up to the launch of Arise, a multiplayer action role-playing game (RPG), developed within the Cross the Ages universe. Under the agreement, Animoca Brands will provide support for the official launch of the blockchain game, which has reportedly been in development for over two years. The Web 3 game is scheduled for release on Windows PC in the fourth quarter of 2025, with versions for macOS and other platforms to…