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Author: NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Chainlink Executive Says Banks Are Pushing Extremely Hard to Block Crypto Yield Feature

In a recent interview, Chainlink’s Adam Minehardt laid out the reason behind delay for the passage of the much-awaited CLARITY Act. According to him, traditional institutions have pushed “extremely hard” to block any crypto features that offer yield, especially on stablecoins like $USDC. “Definitely, the banks have pushed extremely hard to prevent anything that looks like yield or rewards from being paid by any exchange on platform,” he said. He added, “It very much is a competitive issue for them, particularly for smaller banks that really chase deposits with interest rates and frankly don’t want to pay higher rates. It…

Legal

South Korea says API crypto trading now makes up 30% of market: Report

South Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover, warning that some traders are using automated tools to inflate volumes and manipulate prices. According to reports from Yonhap News Agency and Maeil Business Newspaper, the regulator warned that some traders are using automated tools to inflate volumes and manipulate prices, citing cases involving repeated small trades, spoofed orders and coordinated activity across multiple accounts. The FSS said it will launch targeted investigations into accounts suspected of using APIs for excessive or abnormal trading patterns, signaling closer scrutiny of automated…

Legal

Ethereum Price Rejected at $2,400, Is Another Breakout Attempt Coming?

Ethereum price started a fresh surge and traded above $2,365. $ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,220 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,385 on the hourly chart of $ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,300 zone. Ethereum Price Fails To Clear $2,400 Ethereum price managed to stay above the $2,200 support and started a fresh…

Ethereum

Circle CEO Jeremy Allaire Denies Claims USDC Will Be Used for Strait of Hormuz Passage! Here Are the Details

Circle CEO Jeremy Allaire has denied claims that $USDC will be used for transit fees in the Strait of Hormuz. Speaking at a press conference in Seoul, Allaire stated that this scenario is “extremely unlikely.” Allaire emphasized that Circle operates with strict regulatory compliance standards and works closely with global authorities. Therefore, he stated, a regulated stablecoin like $USDC is unlikely to be preferred in transactions carrying sanctions risks. According to the CEO, individuals and entities under sanctions generally prefer to use less regulated alternative stablecoins. Allaire also pointed out that due to $USDC’s technical structure, assets at specific addresses…

Legal

Ether-bitcoin ratio bounces from 2026 lows, signaling broader crypto recovery

A closely watched gauge of ether's relative strength against bitcoin has climbed to a three month high, backed by surging network activity and record stablecoin inflows on Ethereum. The ether-bitcoin ratio traded near 0.0313 on Wednesday, up from a 2026 low around 0.028 in February but still well below the January 18 high near 0.038. Ether gained 4% over the past seven days to trade near $2,325, outpacing bitcoin's 3.9% move over the same period. The $ETH/BTC ratio tracks the relative price of ether against bitcoin on crypto exchanges and is one of the most widely followed gauges of risk…

Ethereum

Bankers rebuff White House claim that stablecoin yield doesn't threaten deposits

The crypto industry's chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about stablecoin yield that has little to do with the bill's central aim to regulate U.S. crypto markets. It's still a sticking point as bankers fired the latest volley to claim the industry's reward programs are a danger to bank deposits. In response to a recent White House economists report that the banks have little to fear from the rise of stablecoins, the American Bankers Association contends that the Council of Economic Advisers was analyzing the wrong…

Legal

CleanSpark becomes most shorted Bitcoin reserve firm

CleanSpark (Nasdaq: CLSK) revealed the sentiment for the AI narrative, as well as investor attitudes to mining and $BTC treasuries. CLSK has the biggest share of open interest among $BTC mining stocks. CleakSpark (Nasdaq: CLSK) reveals short open interest at 34.89% of the free float, with 4.71 days to cover. This is the biggest share of stocks to be shorted among all $BTC treasury companies. Currently, Strategy (MSTR) has the biggest dollar value of shorted shares, but CleanSpark gauges the sentiment for multiple narratives. CLSK traded at $11.42, up from $8.18 at the end of March. Currently, CLSK is in…

Mining

SentismAI Collaborates with Claw Intelligence for AI-Powered On-Chain Trading

SentismAI, a well-known crypto intelligence platform that uses AI, has partnered with Claw Intelligence, an AI-driven on-chain trading entity. The collaboration is set to integrate AI-driven insights with streamlined on-chain execution. As SentismAI pointed out in its official social media announcement, the development focuses on letting consumers interact with complicated datasets, making raw information noteworthy trading signals. So, this effort is a key step to fill the gap between execution and market analysis, strengthening traders with real-time opportunities. We’re excited to announce a new partnership with @ClawIntelli. 🤝 Claw Intelligence is building a one-stop on-chain intelligence and trade execution workspace…

Blockchain

US SEC Releases New Guidance on Cryptocurrencies! Here Are the Details

The US Securities and Exchange Commission (SEC), which abandoned its negative stance towards cryptocurrencies under Donald Trump, stated that cryptocurrency trading services may be exempt from brokerage registration under certain conditions. The SEC’s Office of Transactions and Markets is exempting some DeFi platforms from the brokerage registration requirement. According to Chinese cryptocurrency journalist Wu Blockchain, the SEC’s Division of Trade and Markets has released guidance exempting certain DeFi protocols and non-custodial wallets from brokerage registration requirements. According to the SEC’s new guidance, user interfaces such as websites and mobile applications that support blockchain-based trading do not need to be registered…

Legal

Alcoa Nears Sale of New York Smelter Site to NYDIG: Bloomberg

Alcoa Corp, one of the largest aluminium producers in the United States, is close to selling another former smelter site to a Bitcoin (BTC) miner, as dormant industrial assets draw interest from data infrastructure operators. Alcoa CEO Bill Oplinger told Bloomberg in an interview that the company was nearing an agreement with digital asset firm NYDIG for the Massena East site in upstate New York, with the deal expected to close by mid-year. The proposed transaction would be another example of closed smelters being repurposed for energy-intensive uses. In February, Century Aluminum sold its Hawesville facility in Kentucky to TeraWulf,…

Mining