Author: NBTC

Cryptocurrency exchange OKX TR announced that it will remove certain trading pairs from its platform in order to maintain trading volumes and market liquidity. OKX Removes TR, BAL, PERP, FLM, DEP, NC and LOOKS Spot Pairs from List The exchange stated that, as a result of its evaluation in line with user feedback and the OKX TR Token Delisting / Hiding Guideline, some pairs no longer meet the listing criteria. Tokens to be delisted include Balancer (BAL), Perpetual Protocol (PERP), Flamingo (FLM), Decentralized Eternal Profit (DEP), Noir (NC), and LooksRare (LOOKS). The trading pairs that will be removed are: BAL/USDT,…

US President Donald Trump announced that he will meet with Chinese President Xi Jinping in South Korea in two weeks. Trump stated that many issues would be discussed during the meeting, saying, “China wants to negotiate with us. We will make a great trade deal.” Trump, in a statement following China’s recent expansion of export controls on rare earths, said the US is held in “great respect” by Beijing. Speaking after meeting with Australian Prime Minister Anthony Albanese at the White House, Trump described the new agreement with Australia as a significant step toward challenging China’s dominance of these critical…

Coinbase Business, a new business platform from major US crypto exchange Coinbase, has launched in Singapore, marking the company’s first international expansion. After introducing Coinbase Business in June, Coinbase has rolled out the platform in Singapore as its first international market outside of the US, the company announced on Wednesday. Targeting startups and small businesses, Coinbase Business provides an “all-in-one crypto operating platform” that allows users to send and receive payments in Coinbase-backed stablecoin USDC (USDC), manage crypto assets and automate financial workflows. “By leveraging the speed and stability of digital dollars like USDC, we offer businesses a platform that…

A key decision leader at the Federal Reserve has proposed a new path to registration with the central bank Tuesday—one that could, for the first time, unlock coveted privileges for crypto-focused financial institutions. Federal Reserve staff is currently exploring the idea of issuing “skinny” master accounts on a streamlined timeline to institutions that haven’t yet managed to secure full-fledged ones, Fed Governor Christopher Waller announced Tuesday at a conference in Washington.  Master accounts, possessed by all federally chartered banks, allow for direct payments and access to the Fed. For years, crypto-focused institutions have tried and failed to secure them— and…

Former football star Trent Merin has hit back at the police after he was arrested in an alleged case of stealing $91,000 in crypto from his teammate. Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception after officers began an investigation into the complaint late last year. The police alleged that the former Penrith Panthers and St George Illawarra Dragons Star stole $91,000 in crypto from his former teammate Kade Ellis, according to reports. Now, Merin and his lawyer, Paul McGirr, have hit back at the allegations. According to Merrin, he had paid the former teammate…

Chinese decentralized contract exchange, Sun Wukong, launches its proof-of-reserves page which contains the platform’s current stablecoin reserves standing at $64.14 million. Summary Sun Wukong unveils its proof-of-reserves page with a 100% stablecoin reserve ratio, with nearly all of its $64.14 million reserves held in USDT. Since it was launched in October, the Chinese DEX has reached nearly $5 billion in total trading volume with an active user base of more than 58,000. According to the Chinese platform’s main website, its stablecoin reserve ratio currently stands at 100%. The page allows traders to view real-time updates on its asset reserve status.…

Economists are nearly unanimous in predicting a 25-basis-point Fed rate cut at the October 28–29 meeting. Key employment and inflation data have been delayed due to the U.S. government shutdown, complicating Fed decisions. The Federal Reserve is widely expected to cut rates in the upcoming meetings. Markets are watching closely as these moves could ripple through everything from loans to savings and even shake up the crypto markets. Economists Forecast Two More Fed Rate Cuts This Year According to a Reuters poll of economists, the Federal Reserve will reduce its key interest rate twice before the end of the year,…

According to Eli Cohen, Centrifuge’s chief legal officer, the crypto industry should take note of Democratic Socialist Zohran Mamdani victory in New York City’s mayoral election. The crypto industry, after all, needs democrats, Cohen says. Summary Recent local elections show a need for bipartisanship in crypto regulation There’s a risk of a future Democratic administration reversing everything Republicans say that Trump won’t sign a bill that could implicate him in insider trading Progressive Senators like Elisabeth Warren are pushing for transparency and investor protection Retail investors want freedom, until there’s a rug pull The results of recent gubernatorial elections are…

Nvidia (NASDAQ: NVDA) is somewhat struggling to maintain a firm footing on Tuesday, October 21. Namely, the chipmaker’s market share in China plummeted to zero last week, as Beijing and Washington squeezed the company from both sides amid the ongoing tariff wars. “We’re 100% out of China. From 95% market share to 0%. Whatever policy did that, it made America lose one of the world’s biggest markets,” said CEO Jensen Huang in a recent interview. As a result, NVDA stock was trading at $182.42 at the time of writing, down 1.29% on the five-day chart. Despite the disruptions in the…

The U.S. Congress has long been trying to grant the Commodity Futures Trading Commission more direct authority over crypto spot markets, but the agency is forging ahead without it, and interim chief Caroline Pham is in talks with regulated exchanges to launch spot crypto products as soon as next month, according to people with direct knowledge of the plans. Even during the federal government shutdown that’s otherwise delaying crypto policy efforts in Washington, the people said that Acting Chairman Pham has been meeting personally with multiple financial platforms interested in listing spot crypto contracts. The CFTC is also weighing some…