Author: NBTC

US President Donald Trump has once again intensified public pressure on Fed Chair Jerome Powell to aggressively cut interest rates. Last week, he visited the central bank’s HQ and even toured the Fed’s $2.5 billion renovation site, although Trump claimed that the price had jumped to over $3 billion due to increased restoration costs. The Fed subsequently justified the project, pointing to the aging, almost century-old infrastructure, the necessity of removing hazardous materials, and escalating construction expenses. Also, Powell disputed Trump’s higher figure due to the US President including a previously completed renovation from five years ago. Still, after the visit…

Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred to as “Operation ChokePoint 2.0.” After President Donald Trump’s pro-crypto team won the election, many believed the era of debanking was over. His campaign rhetoric and early policy moves signaled a friendlier environment for digital assets, leading some to expect banks would ease restrictions on crypto clients. However, recent incidents suggest the practice remains entrenched. Last week, Andreessen Horowitz partner Alex Rampell warned…

Major cryptocurrency exchange Binance has announced its decision to go zero fee on certain USDC trading pairs, including those of XRP, Cardano (ADA), BNB and Tron (TRX). In an official release, Binance announced zero maker and taker fees for BNB/USDC, ADA/USDC, TRX/USDC and XRP/USDC for Spot Liquidity Providers as well as the exchange’s VIP 2 – 9 Users. Binance Launches Zero-Fee Promotion on Selected USDC Pairs🔸 Fees: Zero maker and taker fees🔸 Eligibility: VIP 2-9 users and Spot Liquidity Providers🔸 Pairs: $BNB/USDC, $ADA/USDC, $TRX/USDC, and $XRP/USDCFind out more 👉 https://t.co/uB80iLVHHd pic.twitter.com/DXwvGFLJoi — Binance (@binance) August 12, 2025 The recent decision…

Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a press release shared with CoinDesk on Tuesday. Prime brokers converted U.S. Treasuries held at the Depository Trust & Clearing Corporation (DTCC) into tokenized assets on Canton, then used them as collateral for USDC-backed financing. The Canton Network is a privacy-focused blockchain developed by Digital Asset. Institutions involved in the transaction include…

While ethereum’s price is $4,196.59 — 14% below its all-time high — it has positioned itself in a strong bullish structure heading into Saturday, supported by a market capitalization of $506.14 billion. With a 24-hour trading volume of $43.69 billion and an intraday range between $3,895.26 and $4,237.28, ethereum’s current trend is one of steady upward momentum, tempered by near-term consolidation signs. Ethereum On the daily chart, ethereum has been in a pronounced uptrend from approximately $2,488 to $4,249, with only a moderate pullback during the run. The recent breakout above the prior $4,100 resistance came on a strong bullish…

JellyC, a digital asset investment manager with over $100 million in assets under management, said it joined a program with crypto exchange OKX and international bank Standard Chartered (STAN) that will allow it to trade cryptocurrencies while keeping its collateral secure off-platform. The Australian company said it will use a Franklin Templeton tokenized money market fund (TMMF) as its preferred trading collateral. The collateral will be held by Standard Chartered, according to the press release shared with CoinDesk. JellyC said the initiative will enhance its capital efficiency and reduce its direct exposure to OKX, potentially attracting institutional investments and mitigating…

On August 8, the XRP community was on cloud nine after a big update appeared in the long-running Ripple vs SEC case. It was announced that both sides, Ripple Labs and the U.S. Securities and Exchange Commission, had filed a Joint Dismissal of Appeals, effectively meaning the case was over. This news marked the end of more than five years of legal battles, with many expecting strong reactions from Ripple’s leadership. However, some found it unusual that Ripple CEO Brad Garlinghouse remained silent for over 24 hours after the news broke. Confusion and Doubts Among XRP Holders While some celebrated…

Aylab, the group at the back of the GameFi experience of Gamifly, has collaborated with a popular blockchain entity CreataChain. The main purpose of this collaboration is to combine the immersive gaming experience with the robust blockchain technology to enable a cutting-edge esports and sports ecosystem. The official announcement of Aylab reveals that the development will use the advanced architecture of CreataChain to bolster interoperability, gameplay innovation, and scalability for the consumers. Thus, this move is anticipated to redefine how the esports and sports enthusiasts play, connect, and earn in a wider multi-chain Web3 ecosystem. We’re thrilled to partnership with…

Digital asset custody firm Hex Trust has integrated Etherlink, the Ethereum Virtual Machine (EVM)-compatible layer 2 built on Tezos, to add institutional custody for xU3O8, a tokenized uranium asset issued on the network. The integration is backed by Trilitech, the research and development (R&D) adoption hub for Tezos and developer of Etherlink, which is working with Hex Trust to connect institutional clients to xU3O8 and other Etherlink-based assets, according to a Tuesday announcement shared with Cointelegraph. “Tokenized commodities like uranium are gaining institutional interest as more real-world assets move onchain,” said Giorgia Pellizzari, head of custody at Hex Trust. Listed…

The recent upsurge in the Ethereum (ETH) price — which added a magnificent 50% in just 30 days — caught bears off guard. Liquidity seems to be flowing into the second largest crypto as it surpasses major rivals on almost all time frames. $500 million in shorts erased: Brutal week for Ethereum (ETH) bears In the last seven days, Ethereum (ETH) bears lost almost half a billion due to short liquidations. The last three sessions were particularly merciless, CoinGlass data says. As Ethereum (ETH) jumped above the $4,000 level for the first time in 2025, the trend only gains steam.…