Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Despite the Government Shutdown in the US, Two Internal Sources Provided Positive News for Cryptocurrencies
As the partial federal government shutdown in the United States enters its ninth day as of October 9th, the future of cryptocurrency policies remains uncertain. However, according to sources in Washington, despite the budget not being approved, momentum for crypto regulation hasn’t completely faded. While the House of Representatives is in recess due to the shutdown, the Senate is keeping crypto market regulations on the agenda alongside budget discussions. The Senate Banking Committee is determined to advance cryptocurrency market regulation even during the government shutdown, according to two sources familiar with the matter. Committee leadership is reportedly aiming for a…
ETH price has formed a highly bullish continuation pattern, a confirmed breakout above which could potentially push the token to a new all-time high in the coming months. Summary ETH price is down roughly 9% after failing to breach the $4,700 resistance earlier this week. A multi-month bull flag pattern has formed on the weekly chart. According to data from crypto.news, Ethereum (ETH) price fell 4% to an intraday low of $4,329 on Oct. 9 afternoon Asian time after bulls failed to breach the $4,600 resistance level late last night. At its current price, the token is down approximately 9%…
Sam Altman, chief executive of OpenAI, met UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday, according to the UAE state news agency. The talks between Sam and Mohammed centered on building stronger cooperation between OpenAI and organizations in the Emirates. Officials reported that both men focused on artificial intelligence research and practical applications inside the country. Mohammed said: “This cooperation aligns with the UAE’s ambition to establish an integrated AI ecosystem, supporting the country’s development plans and its drive to build a knowledge-based economy.” The UAE has been spending billions of dollars to become a…
Roger Ver, the early Bitcoin investor and Bitcoin Cash promoter known as “Bitcoin Jesus,” has reached a tentative $48 million settlement with the US Justice Department to resolve criminal tax fraud charges filed in 2024. The agreement, first reported by The New York Times and still pending court approval, would drop charges if Ver meets all payment and compliance terms. The case underscores a marked shift in federal crypto enforcement under President Donald Trump’s second administration, which has eased pressure on high-profile industry figures after years of scrutiny under President Joe Biden. Ver, 46, was accused of evading taxes linked…
Ethereum price failed to extend gains above $4,600 and declined. ETH is now moving lower and might extend losses below $4,400 in the short term. Ethereum started a downside correction below $4,600 and $4,550. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $4,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $4,400. Ethereum Price Dips Again Ethereum price extended gains above $4,620 and $4,650, like Bitcoin. ETH price tested the $4,750 resistance zone…
One of Europe’s most valuable startups, Revolut, is exploring a dual listing in London and New York for its blockbuster initial public offering (IPO), the Sunday Times reported, citing a “senior City source.” If it were to proceed, the move could mark the first time a company simultaneously lists in New York and joins London’s benchmark FTSE 100, potentially giving the U.K.’s financial center a much-needed vote of confidence, the newspaper said. The London-based firm is said to be valued at around $75 billion and has amassed 65 million users globally, including 12 million in the U.K. It began as…
Katie Porter is ramping up her campaign for California Governor ahead of the primary elections in June 2026. Last year, Porter lost her Senate bid to Adam Schiff. Her campaign blamed the defeat on the $10 million spent on independent expenditures the Super PAC Fairshake used to fund attack ads against her. Porter Takes Aim at Newsom’s Seat Porter is once again vying for a political position in California. This time, she is eyeing the gubernatorial seat, which will become vacant once Governor Gavin Newsom concludes his term in 2026. The former Representative launched her campaign this March, a year…
Ethereum’s price may reach new all-time highs by late 2025, with analysts projecting a potential cycle top between $8,500 and $12,200. While historical data anchored to technical, on-chain, and institutional indicators support the case for a significant price surge, volatility remains a key risk. Major Indicators Signal Elevated ETH Price Targets Ethereum was trading for $4,450 as of this writing, up by a modest 0.5% in the last 24 hours. The largest altcoin by market cap metrics approaches important bull market thresholds. Ethereum (ETH) Price Performance. Source: BeInCrypto Against this backdrop, analysts are closely monitoring key market metrics. Reports from…
The head of a rural English glass-fitting company has been sentenced to nearly two years in prison, after illegally using a Covid-19-era loan from the government on gambling and crypto. Haralambos Ioannou, of Cow Lane, Edlesborough, was sentenced this week to 22 months in custody and 150 hours of unpaid labor for illegally securing two £50,000 (about $66,500) Covid Bounce Back loans from the British government, and then using the second loan for personal expenditures. During Covid, businesses were only permitted to receive one such payment. Ioannou managed to get approved for two Bounce Back loans in the summer of…
Messaging app Telegram founder and CEO Pavel Durov warns that a “dark, dystopian world” is approaching, with governments worldwide rolling back privacy protections. “I’m turning 41, but I don’t feel like celebrating. Our generation is running out of time to save the free internet built for us by our fathers,” said Durov in an X post on Thursday. “Once-free countries are introducing dystopian measures,” said Durov, referencing the European Union’s Chat Control proposal, digital IDs in the UK and new rules requiring online age checks to access social media in Australia. “What was once the promise of the free exchange…