Author: NBTC
Crypto traders are leaning into absurdity during a time of tariff volatility and broader market uncertainty, catalyzing the recent surge around Fartcoin and other Solana-based meme coins inspired by topics like flatulence and anatomical features. Fartcoin is up 30% in the last 24 hours to $0.96, marking a 97% gain in the last seven days and nearly 250% jump in the last 30 days, according to CoinGecko. During a time when major coins have taken hard hits and some remain well down—Ethereum is down 13% on the week—why is Fartcoin resonating with traders? There may be comfort in nonsense, or…
The SEC’s leadership suggested Friday it would be open to establishing a so-called regulatory sandbox for digital assets that would allow crypto exchanges to freely experiment in novel sectors—including, potentially, offering the trade of tokenized securities. Tokenized securities are versions of traditional securities offerings, like stocks and bonds, that are issued as fungible assets on blockchain networks. In remarks preceding the agency’s second-ever digital assets roundtable on Friday—this one focused on crypto trading—Republican commissioners floated the idea of issuing exemptions that would soon allow crypto exchanges like Coinbase to dabble in offering tokenized securities alongside crypto products. “I encourage market…
A draft bill in the US Senate proposes imposing fees on data centers supporting blockchain networks and AI models that surpass federal emissions targets. The bill, spearheaded by Senate Democrats Sheldon Whitehouse and John Fetterman, is designed to tackle the environmental effects of increasing energy demand while shielding households from higher energy costs, according to Bloomberg. Key provisions of the Clean Cloud Act and industry reactions Named the Clean Cloud Act, the proposed legislation requires the Environmental Protection Agency (EPA) to establish an emissions performance standard for data centers and crypto mining facilities with more than 100 KW of installed…
Twitter founder Jack Dorsey recently said that the Bitcoin community should focus on scaling payments in order to remain relevant. “I think it has to be payments for [Bitcoin] to be relevant on the everyday,” he told Haley Berkoe on the 21 in 21 podcast. I disagree. As someone in the trenches with Bitcoin builders, who also talks to market-makers and investors, I fundamentally disagree with the idea that payments are the path forward for actual Bitcoin adoption. The only way to grow Bitcoin’s relevance is by creating more functionality for everyday users to do something with their bitcoin that…
According to on-chain analytics platform Glassnode, Ethereum, the second-largest cryptocurrency by market capitalization, appears to be range-bound between $1,548 and $1,599, where nearly 793,900 and 732,400 ETH are being held, respectively, indicating market indecision as bulls and bears battle for control. Though this remains significant, what is catching further attention is a support zone forming around $1,461. According to Glassnode, support may be building at this key level, where a whopping 380,000 ETH have been accumulated. Looking at Cost Basis Distribution, #Bitcoin has built notable support at $79K, with ~40K $BTC accumulated there. It has also worked through the $82.08K…
FED officials emphasized that cautious steps should be taken in interest rate policy in the current economic outlook. Chicago Fed President Austan Goolsbee and Boston Fed President Susan Collins made important assessments on interest rates, inflation and trade tariffs. Chicago Fed President Austan Goolsbee stated that the course of the economy should be monitored before taking a new step in interest rate policies. “Right now, the Fed’s threshold for policy changes is quite high,” Goolsbee said, adding that all policy options should be kept on the agenda. Goolsbee said current tariffs will increase inflation and negatively impact economic growth in…
A New York judge ruled Friday that the majority of New York Attorney General Letitia James’ civil securities fraud suit against crypto venture firm Digital Currency Group (DCG) and two of its executives can proceed to trial. In 2023, James sued James sued DCG and its CEO Barry Silbert, DCG’s now-bankrupt lending arm Genesis Global Capital and its former CEO Michael Moro and crypto exchange Gemini, alleging that they worked together to cover up a gaping $1 billion hole in Genesis’ balance sheet caused by the wipe-out of Singapore-based crypto hedge fund Three Arrows Capital (3AC) in 2022. James said…
ChainGPT, a Web3 infrastructure provider powered by AI, is excited to announce its groundbreaking partnerships with WalletConnect and Reown. This collaboration aims to redefine the launch and scaling of projects in the Web3 landscape. This alliance further introduces advanced automation to the ChainGPT Pad. By doing this, both allies strive to foster recurring, effortless, and on-chain actions. 📣 ChainGPT x WalletConnect PartnershipWe’re excited to team up with @WalletConnect and @reown_!🛠 We’re integrating Reown’s Smart Sessions automation into @ChainGPT_Pad – unlocking automated, instant, and recurring on-chain actions for project launches.That means smoother… pic.twitter.com/km9So15GMq — ChainGPT (@Chain_GPT) April 11, 2025 The Smart…
Bitcoin’s price path has grabbed attention as it hits the critical mid-point of its halving cycle. Trading near $80,460 at press time, BTC shows slight daily gains despite volatility (down 4.47% weekly), but analysts are still optimistic for the coming months. Historically, this stage (about 7 months post-halving) often marks the beginning of significant BTC bull runs. Previous cycles have witnessed strong rallies from this stage, sparking renewed expectations that Bitcoin could soon test and potentially exceed its all-time highs. PlanB’s S2F Model Still Targeting $500k+ Bitcoin: How Does It Work? Stock-to-Flow (S2F) model creator PlanB says Bitcoin remains on…
Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International and Hashkey Capital, received regulatory approval on April 11 to stake up to 30% of its ether holdings starting April 25, 2025. The move positions the ETF as the region’s first virtual asset spot product authorized to generate rewards through ethereum’s proof-of-stake (PoS) mechanism. Launched in April…