Author: NBTC

The US government shutdown, which has been in effect for more than 40 days since the beginning of October, has finally come to an end. US President Donald Trump has officially signed a temporary funding bill to end the federal government shutdown, ending the longest government shutdown in history at 43 days. With the government’s resumption of operations, budget implementation and public services will resume. At this point, markets are also waiting for policy uncertainty to diminish and important economic data to be released again. According to NBC News, White House spokeswoman Karoline Leavitt said at a briefing that key…

South Korea’s FSC missed its stablecoin bill deadline as a clash with the Bank of Korea over bank-led issuance and approval powers leaves the regulatory roadmap in limbo. Summary The FSC failed to submit its stablecoin bill by the Dec. 10 deadline, citing the need for more time to coordinate with other agencies.​ The BOK wants stablecoin issuers to be majority bank-owned with broad veto powers, while the FSC prefers a more flexible model aligned with MiCA and Japan.​ The delayed “Basic Digital Asset Act (Phase 2)” is expected to set licensing, capital, disclosure, and enforcement rules for Korea’s stablecoin…

Synbo Protocol, a DeFi Fund protocol for decentralized venture capital that enables users to drive funding decisions and ensure Web3 projects succeed with broad support, today announced a strategic partnership with GoldFinger, a cutting-edge platform that focuses on connecting RWAs with the Web3 ecosystem. According to the announcement disclosed today, this collaboration enabled the merger of SYNBO’s DeVC (decentralized venture capital) with GoldFinger’s RWA infrastructure. The integration facilitated the launch of SYNBO’s DeVC on GoldFinger’s tokenization architecture to provide institutional and accredited investors with efficient on-chain access to SYNBO’s money-market products. Since its launch in 2023, Synbo Protocol has gained…

The most recent volume data makes it impossible to overlook Ethereum’s structurally risky situation. A 34% decline in 24-hour trading volume is not a neutral cooldown, rather, it is an obvious indication that participation is declining at a time when ETH needs conviction the most. Although the price is currently in the $2,900-$3,000 range, the true story is that liquidity is rapidly declining. Ethereum is not comfortable Ethereum is still trapped below important moving averages on the price chart. The 200-day EMA is uncomfortably close above price, while the 50-day and 100-day EMAs have rolled over and are serving as…

By Omkar Godbole (All times ET unless indicated otherwise) The word “solana” in Spanish means sunshine or sunny place, and that’s a perfect description for exchange-traded funds (ETFs) based on the programmable blockchain Solana’s native token, sol SOL$156,34. Investors have been channeling funds into U.S.-listed spot SOL ETFs even as they withdraw capital from their bitcoin BTC$103.539,43 and ether ETH$3541,12 counterparts. Since their late October debuts, Bitwise and Grayscale’s spot SOL ETFs have seen cumulative net inflows of $368.5 million while bitcoin and either ETFs suffered outflows exceeding $700 million each, SoSoValue data shows. Traders don’t seem to have noticed…

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial surveillance rules need to be rethought as crypto technology changes how much visibility the government has into users’ financials. Commissioner Peirce made the comments on Monday, Dec. 15 at the sixth roundtable organized by the SEC’s Crypto Task Force, which was created this year and is led by the commissioner. Regulators met up in Washington, D.C. to discuss privacy, financial monitoring and the growing use of digital assets. The discussion underscores growing agreement among experts and regulators that crypto will not see wider use unless people and businesses can…

Robinhood (HOOD) could see more revenue upside from prediction markets than Coinbase (COIN) as users deploy fresh cash rather than sell existing holdings, according to a survey by Japanese investment bank Mizuho (MFG). “We expect a bigger percentage revenue benefit to HOOD vs. COIN given that the survey showed that users on that platform are more inclined to fund prediction markets portfolio with fresh money,” wrote analysts Dan Dolev and Alexander Jenkins, in the Tuesday report. Robinhood and Coinbase users are far more likely than other investors to trade prediction markets, with activity skewed to economic and political events, the…

In a stunning reversal of its long-standing policy, South Korea is on the verge of a landmark decision that could reshape its cryptocurrency landscape. After a strict seven-year prohibition, the nation’s financial authorities are actively drafting legislation to permit domestic ICOs once again. This potential move represents a seismic shift from blanket restriction to regulated innovation, aiming to bring crypto fundraising activities back onshore and under the watchful eye of local regulators. For blockchain entrepreneurs and investors in Asia’s fourth-largest economy, this news sparks a wave of cautious optimism. Why is South Korea Reconsidering Domestic ICOs Now? The 2017 ban…

Hex Trust has taken a big step into the multichain world. The regulated digital asset custodian announced a partnership with LayerZero to launch wXRP, a wrapped version of XRP built for cross-chain use. The product went live with around $100 million in total value locked. That is not a soft launch. It signals real institutional interest from day one. wXRP gives XRP holders a way to use their assets beyond the XRPL. It opens the door to DeFi activity on major networks without leaving compliance behind. What wXRP Is and Why It Matters wXRP is a wrapped representation of XRP…

BitMine buys $140M in ETH, boosting its treasury to nearly 4M ETH. US Bitcoin and Ethereum ETFs saw $582M in combined outflows. Ethereum trades near $2,950, capped by EMAs, with support at $2,900. Ethereum price forecast remains cautiously optimistic as the cryptocurrency struggles to maintain momentum, trading near $2,950 after slipping roughly 12% over the past week. While Ether has avoided a decisive breakdown, the broader market, including Bitcoin (BTC), shows signs of fatigue amid waning participation and cautious trading behaviour. BitMine adds $140M ETH in the dip As the price of Ethereum (ETH) fell below $3,000, Tom Lee’s Ethereum…