Author: NBTC

Three senior House Democrats on Thursday urged Securities and Exchange Commission (SEC) Chairman Paul Atkins to resume his enforcement duties in the crypto space. In a sharply critical letter, Representatives Maxine Waters, Sean Casten and Brad Sherman said that the agency abruptly dismissed at least a dozen crypto-related enforcement cases since early 2025, including actions against Binance, Coinbase (COIN) and Kraken, all of which had seen initial court victories for the SEC. Waters leads Democrats on the House Financial Services Committee, and is poised to take over the committee if Democrats win the House in the 2026 midterm election. The…

A new list based on weekly active user data has been published in the cryptocurrency market. According to current data, Layer-1 blockchains and large ecosystems stand out in terms of user activity, with some networks showing strong monthly increases. The list is based on the number of unique addresses that have interacted with the networks with at least one transaction. Here are the altcoins with the highest number of active users and their user numbers in the last week, according to the latest data: BNB Chain (BNB) – 17.9 million weekly active users (8.6% increase) Solana (SOL) – 14.1 million…

BitMine, the world’s largest Ethereum treasury firm, expects to generate more than $400 million in annual pre-tax income on its $13 billion worth of ETH, mostly by staking those holdings, chairman Thomas Lee said at the firm’s shareholder meeting on Thursday. Lee also told investors that BitMine “probably saved $400 million” on ether purchases over the past several months. He credited the investment advisory firm MOZAYXX and Tom DeMark, a well-known figure in trading circles, for the execution strategy. Despite the cost savings, BitMine’s current position still reflects roughly $2.3 billion in unrealized losses since the firm began buying ETH…

A16z crypto, a venture capital fund of Andreessen Horowitz (a16z), said it is expanding into Asia, opening an office Seoul and hiring Sungmo Park to head operations in the region. South Korea is the world’s second-largest crypto market, the Andreessen Horowitz unit said in a blog post. The office will work with founders by building partnerships, strengthening distribution channels, and accelerating community growth across the region, it said, pointing to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan. While Hong Kong and Singapore have long been the financial capitals of Asia, South…

Three Democrats in the House of Representatives are asking US Securities and Exchange Commission (SEC) Chair Paul Atkins to provide information related to the agency closing investigations or dismissing enforcement actions in “at least one dozen crypto-related cases,” including Tron founder Justin Sun. In a Thursday letter to Atkins, Representatives Maxine Waters, Brad Sherman and Sean Casten questioned the SEC’s “priorities and effectiveness” given its dismissals of the crypto-related cases. The lawmakers wrote that the agency had “openly and boldly dismissed the majority of its crypto enforcement cases,” including those against crypto exchange Binance, Coinbase and Kraken. Source: House Financial…

Morph, a renowned on-chain settlement and payment platform, has integrated with RedStone Oracle, a prominent blockchain oracle ecosystem. The strategic integration improves real-time pricing reliability within Morph’s network. As per Morph’s social media announcement, the integration attempts to provide verifiable, accurate, and secure price feeds for financial settlements and payments on-chain. Thus, the move fortifies Morph’s capability to back real-world financial utilities at scale. Reliable pricing for the real world.Morph is integrating with leading modular oracle @redstone_defi to deliver secure, real-time price feeds.Together, we’re strengthening data accuracy across payment and settlement flows onchain.Learn more ↓ pic.twitter.com/9AQrFJM54S — Morph (@MorphNetwork) January…

Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode. Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday. It added that this reflects a notable influx of new wallets engaging with the Ethereum network, “rather than activity being driven solely by existing participants.” New activity retention, or new network addresses, has spiked from just over 4 million to around 8 million addresses this month.…

Following the Federal Reserve’s announcement of a 25 basis point interest rate cut, in line with expectations, US President Donald Trump made noteworthy comments regarding the economy and the Fed’s management. Trump argued that the rate cut was insufficient, saying the US economy had “much greater potential.” In his statements, Trump said that the US could achieve “much better results than conventional data indicates,” suggesting that the economy could achieve strong growth without creating inflation. The president stated that “GDP growth of over 3% or 4% is easily possible,” and, more ambitiously, raised expectations to a peak with the question,…

Less than a day after Coinbase dramatically pulled support for the Senate’s crypto market structure bill, derailing a vote that would have sent the legislation to the Senate floor, the crypto industry is reeling—and wondering whether their coveted legislation now stands any chance of passage. Coinbase CEO Brian Armstrong announced on Wednesday his company would no longer support the bill as written, less than 24 hours before the Senate Banking Committee was due to vote on it. After a chaotic evening, pro-crypto senators ultimately opted to delay the vote—and have yet to reschedule it. “Today’s response from some in the…

Base led Ethereum’s layer-2 fee rankings on January 14, generating about $147,000 in daily revenue, far ahead of Arbitrum’s roughly $39,000 and Starknet’s $9,000, according to figures shared by CryptoRank.io. The data points to a sharp concentration of activity on one network, even as most other Ethereum scaling chains struggled to clear $5,000 in fees over the same 24-hour period. Base Pulls Ahead as Fee Data Shows Widening Gaps CryptoRank said Base’s share of total Ethereum L2 revenue was nearing 70% based on the January 14 snapshot, while all other L2s combined brought in just over $15,000. Linea posted around…