Author: NBTC

After years of lagging behind global competitors, the US may finally be catching up on crypto policy, according to Senator Cynthia Lummis. In the latest episode of “Decentralize with Cointelegraph,” the Wyoming senator said recent developments mark a turning point. Milestones and progress “There were at least two significant milestones,” Lummis said, referring to last week’s so-called “Crypto Week” in Congress. The first was the GENIUS Act legislation, which authorizes payment stablecoins, went to President Trump’s office and was officially signed into law; the second, the CLARITY Act, will now go to the Senate for consideration. Lummis, who co-authored a…

Centibillionaire Elon Musk has reacted to a joke about cracking Satoshi Nakamoto’s Bitcoin wallets with a laughing emoji. X user @CtrlAltDwayne, who caught Musk’s attention, facetiously asked Grok (Musk’s popular AI chatbot) to hack Satoshi’s Bitcoin riches in exchange for $200. Musk’s succinct reaction to a frivolous Bitcoin post has not gone unnoticed by members of the Bitcoin community, who are busy speculating about the centibillionaire’s rekindled interest in crypto-related content. Will Satoshi challenge Musk? Meanwhile, some are already speculating about Satoshi potentially dethroning Musk as the world’s richest person due to Bitcoin’s rapid price appreciation. Following the cryptocurrency’s latest…

Ethereum, the second-largest cryptocurrency by market capitalization, has set a new record in open interest. Ethereum (ETH) open interest on CME Futures has reached an all-time high of $7.85 billion, according to Maartunn, a community analyst at on-chain analytics platform CryptoQuant. ETH Open Interest on CME Futures hits ATH by $7.85B 🐱‍🏍 pic.twitter.com/Vg7oFnfrOd — Maartunn (@JA_Maartun) July 26, 2025 Open interest refers to the total number of outstanding futures contracts that have not yet been settled. Ethereum open interest dominance has increased, reaching its highest level since April 2023, indicating a significant shift in the market’s focus. According to Glassnode,…

A relatively new ruble-denominated token, A7A5, is showing signs of usage for potential access to dollar liquidity and money laundering. The token carried $9.3B in swaps, mostly originating from whale wallets. A newly launched stablecoin A7A5, which is backed by Russian rubles, has shown significant volumes originating from whale wallets. The asset still has a relatively small supply and volumes, but may still be used to shift assets into USDT, unlocking dollar-based liquidity and bypassing embargoes against Russian capital. In its early trading stage, A7A5 only has a single Uniswap V2 trading pair, in addition to being used on the…

A single unknown wallet now holds $5.4B worth of SHIB, raising fears of market manipulation and undermining decentralization claims. Despite whale concerns, Shiba Inu expands its ecosystem with Shibarium, ShibaSwap, and metaverse projects in 2025. Shiba Inu, the second-largest memecoin by market cap, is back in the spotlight. Not because of its impressive 19.7% gain over the last two weeks, but due to one shocking revelation. According to new data from a well-known blockchain analytics platform, a single wallet now holds over 410 trillion SHIB tokens, representing 41% of the total supply. At current prices, that’s worth more than $5.4…

Sen. Elizabeth Warren (D-MA) has slammed the recently passed GENIUS Act, saying the American people will “pay the price” for the groundbreaking crypto legislation. The act, which was signed into law by President Donald Trump earlier this month, provides legal clarity for stablecoins. It establishes a framework for issuing and trading stablecoins, which has prompted increased interest in them from banks and major retailers. In an interview with Vanity Fair, Warren acknowledged the U.S. needs “strong crypto legislation,” but added that “jamming through industry-designed bills is a mistake.” “But if we’re going to ratify a sweeping crypto regulatory framework, we…

The asset manager is on an accumulation streak, topping up its holdings as its BTC-tracking exchange-traded fund thrives. BlackRock has purchased another $416 million of Bitcoin, according to data from the blockchain intelligence platform Arkham. The buy, estimated to be around 3,478 BTC based on prices at the time of acquisition, continues a month-long accumulation streak that included a $216 million addition just over a week ago. The latest move lifts the firm’s giant portfolio to approximately 716,500 BTC, worth roughly $85.4 billion at current prices. This translates to 3.6% of the entire circulating Bitcoin supply, making BlackRock one of…

According to data from decentralized cryptocurrency exchange Hyperliquid, after a volatile week in the market, many investors’ positions were liquidated, while the famous crypto whale “The White Whale” still remains at the top of the leaderboard. The whale is currently carrying a total long position of approximately $359 million across three major positions in Ethereum (ETH), Solana (SOL), and Bitcoin (BTC). The whale’s current positions are as follows: 48,405 ETH (approximately $181 million) 810,717 SOL (approximately $152 million) 223 BTC (approximately $26 million) Total unrealized profit: approximately $33 million “The White Whale” operates through four different accounts, each with highly…

VP JD Vance questions Jerome Powell’s refusal to cut rates despite falling inflation. Powell says Fed needs more economic clarity before rushing into interest rate decisions. Meanwhile, September rate cut chances stand at 51%, but 47% say no cut is coming. Tensions are rising between the White House and the Federal Reserve. Vice President JD Vance has publicly criticized Fed Chair Jerome Powell for refusing to lower interest rates, even though inflation has started to ease. Vance pointed out the timing of previous rate cuts, suggesting there may be political inconsistency at play. So, is the Fed playing it safe…

Data published by the prominent SHIB wallet tracker, Shibburn, has revealed a massive drop in the Shib burn rate that has occurred during the past 24 hours. However, that did not stop the community from burning a significant amount of SHIB meme coins. SHIB burns crash but millions of coins still get torched The aforementioned data source reported that over the past seven days, the key SHIB metric, the burn rate, has demonstrated a drastic fall as it collapsed by almost 100%. Still, this fact has not prevented the SHIB community from burning any meme coins. According to the same…