Author: NBTC

Wall Street giant Goldman Sachs (GS) said improving regulation and the emergence of crypto use cases beyond trading are underpinning a constructive outlook for the industry, particularly for infrastructure companies that support the ecosystem without being as exposed to market cycles. Regulatory uncertainty remains the main barrier for institutions, and that backdrop is shifting rapidly, the bank said in a report on Monday. “We see the improving regulatory backdrop as a key driver to continued institutional crypto adoption, especially for buyside and sellside financial firms, as well new use cases for crypto developing beyond trading,” analysts led by James Yaro…

Ethereum price has broken out of a two-month descending wedge, signaling renewed bullish momentum. ETH’s technical structure now points toward a potential rally after weeks of compression. However, the upside narrative faces a challenge as large holders begin distributing into strength, raising concerns about whether whale activity could cap gains. Ethereum Whales Exhibit Skepticism Ethereum whales have turned into active sellers as the price pushed higher. Over the last three days, wallets holding between 100,000 and 1 million ETH sold roughly 300,000 ETH. At current prices, those sales exceed $971 million, representing a meaningful supply increase. This behavior suggests skepticism…

A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs and forces refunds would cause what he called an “administrative problem,” since the government would need to return fees collected on imports. He said the White House believes the court will side with the administration, but even if it does not, he said it is “pretty unlikely” the justices will demand full refunds because of the difficulty of getting that cash back to…

WASHINGTON, D.C. — In a significant move addressing emerging ethical concerns, U.S. Representative Ritchie Torres plans to introduce groundbreaking legislation this week that would prohibit federal officials from participating in prediction markets using non-public information obtained through their official duties. This proposed bill represents one of the first comprehensive attempts to regulate political betting activities in the digital age, potentially setting new standards for government ethics and financial market integrity. Prediction Markets Bill Targets Insider Information Exploitation Representative Ritchie Torres, a Democrat from New York’s 15th congressional district, will introduce legislation specifically designed to prevent federal officials from trading on…

Ethereum is facing key resistance, with strong bullish momentum, while liquidation data highlights ongoing market volatility. The first week of 2026 has seen Ethereum (ETH) trading at $3,253.44, down a modest 1.2% in the last 24 hours. With a market cap steady at $392.7 billion and a robust 24-hour volume of $28.85 billion, ETH holds its no. 2 rank firmly. Ethereum has gained 9.5% over the past 7 days and 11% in the last 14 days, reflecting strong positive momentum. A CoinGecko chart shows a positive momentum, particularly from January 6, with a sharp price increase before stabilizing above $3,240.…

President Donald Trump’s campaign to cut Democrats out of U.S. regulatory work has set up an unusual situation at the two agencies that will have the most say over how the federal government handles crypto: A handful of Republican crypto advocates are entirely in charge of both. The U.S. Securities and Exchange Commission just said farewell to its only Democratic commissioner, Caroline Crenshaw, last week, removing routine opposition to its current policy drives. Crenshaw had often cautioned the agency about its shift toward a digital asset embrace, including opposing bitcoin exchange-traded funds (ETF) as a danger to investors. She took…

Four years after Nike announced a surprise acquisition of digital apparel brand RTFKT, the largest sports apparel company in the world has sold the non-fungible token (NFT) studio, sending its flagship Clone-X collection soaring. The move comes a little over a year after RTFKT announced that it would be shutting down operations, resulting in the Clone-X NFT collection tumbling to as low as 0.07 ETH, a 99.7% drop from its all-time high of 24 ETH during the NFT bull run in 2022. However, Clone-X is back up to a 0.3 ETH floor on the sale news, a 200% jump over…

Network News LEDGER FACES CUSTOMER DATA BREACH: Hardware wallet giant Ledger is grappling with a data exposure incident, this time linked to its third-party payment processor, Global-e. An email notification sent to customers by Global-e and initially shared by pseudonymous blockchain sleuth ZachXBT on X said the breach involved unauthorized access to Ledger users’ personal details like names and contact information from Global-e’s cloud system. The email did not disclose the number of clients affected or specify when the exploit occurred. In 2020, Ledger experienced a data breach that exposed information of 270,000 customers through e-commerce partner Shopify. In 2023,…

The US dollar’s global reserve share dropped to 56.32% in Q2 2025, but 92% of that decline was driven by exchange-rate effects, not central bank portfolio changes. Currency adjustments show a marginal decline to just 57.67%, indicating central banks largely maintained their USD holdings. The International Monetary Fund’s new Currency Composition of Official Foreign Exchange Reserves (COFER) report provides important insights for crypto investors tracking macroeconomic trends. The data reveals that central banks kept dollar allocations steady, even amid notable currency swings during the quarter. IMF: Central Banks Stayed Dollar-Heavy Despite Depreciation The IMF’s COFER dataset tracks currency reserves from…

Ethereum (ETH) is trading near $3,200 at the time of reporting, down slightly over the past 24 hours, while showing a 8% gain in the last week. Meanwhile, trading volume sits above $28 billion. With the recent move above the 21-day moving average, some traders are watching for the beginning of a new trend. Ethereum Breaks Above 21-Day MA ETH has closed several daily candles above its 21-day moving average on the ETH/BTC pair. Michaël van de Poppe noted, “It broke above the 21-Day MA and it held it as support.” He suggested this may be the first real uptrend…