Author: NBTC

European Central Bank (ECB) President Christine Lagarde is alleged to have played a direct role in the rejection of Binance’s MiCA license application to offer services in the European Union. According to information reported by The Big Whale, Binance’s license application in Greece was initially completed by the country’s capital markets regulator, HCMC, and assessed as compliant with MiCA rules. However, it was later alleged that the process was blocked at the political level. Journalist Gareth Jenkinson, citing a reliable source, claimed that ECB President Christine Lagarde directly instructed Greece to reject Binance’s MiCA license application. Jenkinson stated that Binance…

Bitcoin price slipped back toward the $81,000 region on Monday as weakening U.S. institutional demand and renewed geopolitical uncertainty triggered another wave of profit-taking across the crypto market. According to data from crypto.news, Bitcoin ($BTC) traded around $80,900 at press time on May 12 after briefly falling toward an intraday low near $80,700. The pullback followed another failed breakout attempt above the key $82,000 resistance zone, where sellers continued aggressively defending upside momentum. One of the biggest bearish signals came from the Coinbase Bitcoin Premium Index, which remained deeply negative throughout the past several trading sessions. The metric measures the…

A wallet address linked to investment firm K3 Capital has withdrawn a combined 17,930 $ETH — valued at approximately $30.3 million — from Binance over the past 24 hours. The most recent transaction, executed two hours ago, saw 10,000 $ETH worth $16.92 million moved off the exchange. Timeline of the Large-Scale Withdrawals On-chain data shows the wallet in question first withdrew 7,930 $ETH early yesterday morning. This was followed by today’s larger transfer of 10,000 $ETH. Both transactions originated from Binance hot wallets, according to blockchain tracking sources. The wallet now holds a significant single-asset position, though its ultimate destination…

Crypto traders poured money into products tied to Elon Musk’s rocket and satellite business SpaceX (NASDAQ: SPCX), but blockchain markets still could not give them the same thing Ron Baron bought: $1 billion worth of SPCX. The public debut created a funny split, as traditional investors received shares while crypto users received price exposure through perpetual futures, which were supposed to track the listing closely, yet they sadly did not turn token holders into owners of SPCX. At the time of its launch, the IPO had a value of about $2 trillion, closing higher than $2.1 trillion after its initial…

$XRP is experiencing a wave of continuous integrations across major crypto platforms in payments, trading, and self-custody. An XRPL validator, Vet, says the focus is now clear: putting $XRP “front and center” across the ecosystem—not only through Ripple products but also through independent platform adoption. His comments come as several major players roll out new $XRP and XRPL-related features in recent weeks. Key Points $XRP sees nonstop integrations across payments, exchanges, and self-custody platforms globally. Rakuten adds $XRP payments, trading, and loyalty conversion for 44M+ users in Japan. Exodus, Bitget, and Binance expand XRPL support with $RLUSD, transfers, and liquidity…

Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Key Takeaways: Lawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million. Older Americans faced most known-age losses, making senior protections central to the proposal. Operators could face stricter limits, required warnings, refunds, and expanded state safeguards. Bipartisan Bill Would Set Crypto ATM Limits and Scam Warnings…

Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced a growing belief among analysts that the crypto exchange is steadily transforming itself into a broader financial platform with revenue streams that extend beyond bitcoin’s price cycles. At Tuesday’s System Update event in New York, Coinbase unveiled products spanning derivatives, tokenized stocks, stablecoin payments, lending and artificial intelligence. While the announcements covered a wide range of businesses, analysts focused less on the individual products and more on what they reveal about the company’s long-term strategy. For years, Coinbase’s fortunes have been closely…

Bitcoin’s recent surge past $80,000 has reignited optimism among traders, but algorithmic trading firm Wintermute is urging caution. In a new analysis, the firm argues that the rally is primarily the result of a short squeeze in the perpetual futures market, rather than genuine spot demand — a distinction that makes the current price level inherently unstable. Short Squeeze, Not Spot Buying Wintermute’s report highlights that a significant number of short positions accumulated as Bitcoin approached the $70,000 level. When the price broke higher, forced liquidations and short covering created a cascade of buying pressure that pushed the asset above…

With 12 days remaining in June, Finbold has prompted Grok and ChatGPT to generate Ethereum ($ETH) price predictions for July 1, 2026. As of June 19, the highest average AI Ethereum price prediction for July 1, 2026, was $1,960, while the base and bearish cases were $1,771 and $1,610, respectively. On average, the two AIs’ Ethereum price prediction for July 1, 2026, is roughly $1,780. $ETH price prediction for July 1: Source: Grok and GPT Grok’s Ethereum price predictions were more conservative, with a bullish case of $1,880, a base of $1,730, and a bearish case of $1,600. Meanwhile, GPT…

SpaceX closed its first trading day at $161 a share, up more than 19%, and Elon Musk became the world’s first trillionaire. While markets celebrated, Bloomberg senior commodity strategist Mike McGlone delivered a cold-water take on what Thursday’s historic listing actually means for crypto, equities and the broader capital markets. A Structural Shift, Not a Temporary Rotation The question most crypto investors are asking is whether the capital leaving digital assets for SpaceX and AI stocks will come back. “Structural change,” he said. “Cryptos have unlimited supply of millions of coins worth billions and tracking nothing. That is being purged…