Author: NBTC
E-commerce giant Shopify (SHOP) is bringing stablecoin payments to its merchants over Base, crypto exchange Coinbase (COIN)’s Ethereum layer-2 network, the companies said on Thursday. The integration is set to roll out on June 12 to a limited group of early access merchants, with broader availability expected later this year for all merchants using Shopify Payments, the companies said. Once the rollout is complete, merchants will be able to accept payments of Circle’s (CRCL) USDC token on-chain while receiving local currency settlements without incurring foreign transaction fees. Shopify said it plans to give 1% cash back to customers who pay…
One of Ethereum’s oldest wallets has just been revived, and the numbers are truly mind-blowing. According to blockchain tracking service Whale Alert, a dormant pre-mine address holding 2,000 ETH worth just $620 back in 2015 has been activated after nearly 10 years of silence. At today’s price, that stash is valued at over $5 million — a staggering 816,760% gain. The wallet address “0xcF264” has been confirmed as a Genesis Block participant, and it’s linked to one of Ethereum’s original funding addresses. After years of inactivity, it suddenly moved 500 ETH worth $1.27 million to another wallet, “0x2C12,” just 11…
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: GameStop sinks after buying a boatload of Bitcoin, BlackRock’s Bitcoin ETF continues flying high, and Metaplanet makes a potentially risky sprint to amass a lot of BTC very quickly. GameStop Bitcoin flop GameStop found out this week that sinking half a billion dollars into Bitcoin isn’t universally flattering for share prices. The video game retailer spent $512 million on Bitcoin earlier this week, and the GME share price climbed as high as $35.78 the morning the BTC buy was announced. But it…
Monero (XMR) continues to grow despite a coordinated campaign against privacy tokens and the previous delisting from major centralized exchanges. The price is currently holding above a crucial support level at $340 after declining from a monthly high of $420. Amidst the fast-growing interest in tokens centred on full decentralization and anonymity, Monero has emerged as one of the most preferred and resilient of all. Created in 2014 as a fork of Bytecoin, Monero (XMR) exists as one of the oldest and most popular privacy coins. The asset combines new technologies to deliver a high level of confidentiality. Looking into…
Anti-money laundering reports involving cryptocurrencies rose by 8.2% in Germany last year, according to the annual report from the German Financial Intelligence Unit (FIU). Total crypto-related reports climbed from 8,049 in 2023 to hit 8,711, accounting for a record 3.3% of all suspicious activity reports (SARs) submitted to the FIU, the agency responsible in Germany for combating money laundering. The total figure marks a 23.6% increase since 2020, with Bitcoin predominating in the vast majority of last year’s reports, followed by Ethereum, XRP, Tether and Litecoin. According to the FIU, credit institutions and banks submitted over 6,000 of the crypto-related reports,…
On June 17, Kaspa City, the leading community X account for Kaspa, shared exciting news about a new development within its blockchain ecosystem. The post introduced Kasia, a fully encrypted peer-to-peer (P2P) messaging system built on the Kaspa blockchain. The open-source project, led by developer @auzghosty, aims to expand Kaspa’s utility beyond financial transactions, potentially positioning it as a widely used proof-of-work (PoW) blockchain. However, as a new and untested product, users are advised to exercise caution when exploring Kasia. Kaspa, a blockchain platform known for its high scalability and rapid block times, operates on the innovative GHOSTDAG protocol. This…
India’s harsh crypto tax regime burdens investors with 30% tax, 1% TDS, and no loss set-off, stifling Bitcoin trading growth. Bitcoin ETFs offer Indian investors tax relief with lower rates, no TDS, and better regulatory protection compared to direct crypto. India’s crypto investment scene is under pressure. Despite ₹1 crore in current Bitcoin trading volume, the Indian tax regime is stifling growth with its harsh tax policies. Investors once enjoyed a massive 123% gain on Bitcoin holdings in recent years — but now, they’re calling the current tax system “daylight robbery.” The Harsh Reality of India’s Crypto Tax Under India’s…
As geopolitical tensions between Iran and Israel escalate once again, global risk appetite is taking a hit. These conflicts often inject short-term volatility across traditional and crypto markets, and Ethereum is no exception. While ETH has held relatively steady above $2,500 in recent weeks, the growing fear in macro markets is beginning to surface in price structure and sentiment shifts. This is a sensitive moment for traders: ETH sits on the edge of a critical range, and what happens next may hinge as much on external events as technical factors. Technical Analysis By ShayanMarkets The Daily Chart Ethereum’s daily chart…
Stocks wavered on Friday as markets reacted to the latest flare-up in trade tensions between the United States and China. While a key U.S. inflation gauge cooled in April, President Donald Trump’s claims that China had violated the two nations’ trade agreement spooked investors. The Dow Jones Industrial Average dropped more than 120 points, and the benchmark S&P 500 shed 0.6%. The tariffs debacle, which saw fresh drama on Thursday as a federal court paused the block on Trump’s tariffs, also stalled the Nasdaq Composite, it opened 0.4% down after closing green on Thursday amid gains for global chip giant…
On May 20, 2025, PocketFi, a decentralized finance (DeFi) platform integrated with Telegram, listed its governance token, $SWITCH, on the STON.fi decentralized exchange within the TON ecosystem. The listing marked the start of a token claim process using a Dutch Auction model, designed to gradually release tokens and mitigate immediate sell pressure. Starting June 9, 2025, users can claim 100% of their tokens directly to their PocketFi 2.0 app balance without staking requirements, marking a significant phase in the airdrop process. Community discussions on price stability and potential centralized exchange listings are gaining momentum as this date approaches. Here’s a…