Author: NBTC

Major companies in the United States, especially those in tech and crypto, are making a shift away from Delaware to Texas. The latest to make that move is the largest crypto exchange in the U.S., Coinbase Global Inc. The exchange has just reincorporated in Texas from Delaware, eliciting a reaction from Tesla CEO Elon Musk. Elon Musk’s Delaware fallout influences reaction Musk, in a swift reaction to the development, described it as a “Good idea.” The short but direct post indicates that the tech entrepreneur endorses Coinbase’s decision to move away from Delaware. Musk’s reaction is understandable considering that he…

Cryptocurrency exchange Binance has announced it will support the network upgrade and hard fork process on the Injective (INJ) network. According to the official statement, Binance will implement a temporary suspension on December 18, 2025, to protect user experience and ensure the smooth progress of the technical process. Binance will cease token deposits and withdrawals on the Injective (INJ) network at approximately 4:00 PM on December 18, 2025. The network upgrade and hard fork are expected to occur at block height 146,295,000, around 5:00 PM on the same day. The exchange emphasized that all technical requirements will be handled by…

The Ethereum supply on exchanges has dropped to historic lows since 2016, as institutional and corporate demand for accumulation has expanded. The supply ratio shift indicates a change in holder behavior toward long-term retention, as opposed to retail short-term selling pressure. According to on-chain data provided by CryptoQuant analytics, the Exchange Supply Ratio (ESR), which measures the portion of all ETH held by exchange platforms, has decreased to approximately 0.137 across all exchanges. The drop marks the lowest since 2016 during the early development of the Ethereum blockchain. Across Binance, the largest crypto exchange platform by trading volume and with…

Two senior FED officials made statements arguing that monetary policy should be kept tight in the fight against inflation. Federal Reserve Board Member Beth M. Hammack stated that the dollar’s weakening this year is not a concern and emphasized the need to avoid easing monetary policy. St. Louis Fed President Alberto Musalem stated that the current stance is close to neutral, so there isn’t much room for easing. Hammack emphasized that discussions about the dollar’s depreciation shouldn’t be exaggerated, saying, “There’s been a lot of talk this year about the dollar weakening. However, it’s important to remember that we started…

Caroline Ellison, the former co-CEO of Alameda Research, is no longer behind bars after being moved to a halfway house less than halfway into her sentence. The 31-year-old was given two years in September 2024 for her role in the collapse of FTX and the theft of $8 billion worth of customer funds. However, Business Insider reports that she was transferred from the low-security Danbury Federal Correctional Institution on October 16, after just 11 months. She will now serve out her time in either another government facility or under home confinement. Caroline Ellison’s status according to the federal inmate tracker.…

Predict.fun launched what it describes as the first real-time “mention-based” prediction market, allowing users to bet on specific words Changpeng Zhao (CZ) will say during his upcoming BNB Chain AMA. The market went live ahead of the December 18 session, scheduled for 16:30 UTC+4, and is directly integrated with a livestream of the event. Real-Time Prediction Market Tracks CZ Mentions During BNB Chain AMA Dubbed the “CZ Mention Market,” the product enables participants to place wagers on whether CZ will mention certain keywords above predefined thresholds during the AMA. These include whether he will say “BNB” more than five times,…

Holmes says Hive will keep expanding Paraguay Bitcoin mining and HPC sites despite leverage-driven BTC price volatility and short-term market contagion.​ Summary Hive raised daily production from 3 to 10 BTC and plans further mining expansion using low-cost Paraguayan hydro power.​ Management sees Bitcoin mining and HPC as parallel “twin engines,” using BTC cash flows to fund higher-margin computing centers.​ Paraguay’s surplus electricity and pro-miner policy give utilities steady revenue while Hive builds some of its most powerful data centers there.​ Hive Digital Technologies continues to expand Bitcoin mining operations despite recent market downturns, according to statements from the company’s…

Ethereum (ETH) is likely to end December in the red, marking a fourth consecutive monthly decline. This scenario could pressure large investors who accumulated ETH throughout the year. If ETH continues to fall, these holders must choose between exiting at breakeven or accepting losses. How Are Ethereum Whales Caught Between Breakeven and Losses in December? Data from the ETH Whale Unrealized Profit Ratio, which tracks addresses holding between 1,000 and over 100,000 ETH, shows a steady decline over the past four months. The ratio has approached zero. This indicates that large ETH investors now have an average cost near the…

Circle stock price has been in a strong freefall in the past few months, a situation that accelerated after it published its second quarterly results as a publicly traded company. It plunged to a low of $86, down sharply from its all-time high of $300. This plunge has brought its market cap to $19.9 billion, down from a record high of $60 billion. Circle stock crashed after earnings Copy link to section Circle stock price has been under pressure in the past few months as the momentum it had after going public faded. The crash continued after it published its…

Macquarie (MQG) expects the U.S. Senate’s crypto push to accelerate, as recent closed-door talks among Democrats and Republicans over a compromise market-structure bill mark a meaningful step toward bipartisan agreement, the investment bank said in a report last week. The bank framed a Dec. 8 meeting of Democratic negotiators, including Senators Kirsten Gillibrand, Mark Warner and Ruben Gallego, and a separate meeting between Senators and Wall Street leaders such as Citigroup’s (C) Jane Fraser, Bank of America’s (BAC) Brian Moynihan and Wells Fargo’s (WFC) Charlie Scharf as evidence that lawmakers are moving closer to a deal that could shape the…