Author: NBTC

U.S. President Donald Trump today pushed back hard against questions about a new nickname mocking his administration’s shifting tariff strategies: the “TACO trade.” Coined by a Financial Times columnist, the term stands for “Trump Always Chickens Out” and highlights a pattern where high tariffs are announced, only to be rolled back or delayed shortly after. President Trump bristled at a question today about the “TACO trade” – shorthand for “Trump always chickens out” – as Wall Street increasingly bets the he’ll back down on his tariff threats:https://t.co/i1qyF0NzUJ — Jennifer A. Dlouhy (@jendlouhyhc) May 28, 2025 Trump Delays 50% EU Tariff…

As of June 2025, more than 410 billion LUNC have been burnt, with an average daily burning rate of more than 48 million over the last 30 days. Despite the high burn rate, there are still more than 5.4 trillion LUNC in circulation, up from just 380 million in May 2022. Following the collapse of the Terra Classic ecosystem in May 2022, the supply of the native governance and utility token LUNC became massively inflated, leading to a monumental price crash. Trying to save the ecosystem and restore the price of LUNC, the community passed a vote to enact a…

India is expected to unveil a comprehensive discussion paper on digital assets in the coming weeks, reflecting insights from international bodies such as the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This initiative reportedly signals the country’s intent to explore a structured regulatory approach in response to the increasing global legitimacy of digital assets. The development of this policy paper coincides with shifting global dynamics, notably influenced by the United States’ more favorable outlook on digital assets, particularly following growing support under President Donald Trump. India is engaging with multiple stakeholders and prioritizing a cautious, consultative process…

Andreessen Horowitz’s crypto arm a16z said blockchains could steer artificial intelligence toward user ownership and open standards, according to a June 11 report. The paper argued that core context and “agent passports” should reside in self-custodial wallets, providing any large-language-model interface with instant access to preferences without requiring repeated training. A chain-based identity layer would allow agents to carry verifiable records of owners, capabilities, and payment details across email, Slack, and other platforms. Meanwhile, proof-of-personhood systems such as World Chain’s World ID could help screen bots as generative models proliferated. Computation and payment rails For computing, the report promoted decentralized…

Whale moves $70M in staked ETH, ETH, and USDC, signaling major DeFi liquidity shifts. Large STETH transfers from minting address indicate active staking and unstaking operations. Coordinated USDC and AETHUS flows suggest cross-protocol asset management strategies. According to recent blockchain data, a large Ethereum whale has transferred more than $70 million worth of staking-related tokens and stablecoins, highlighting big liquidity movements in the decentralized finance (DeFi) space. The activity, recorded within the last 24 hours, involves inflows of staked Ether (STETH), Ethereum (ETH), USDC stablecoins, and the relatively new AETHUS token to centralized wallets and DeFi protocols. BREAKING 🚨 A…

Artist Matt Furie, the creator of the Pepe the Frog meme, launched another NFT collection on June 17. However, the contract was exploited on Thursday, allowing the attacker to mint and sell thousands of NFTs, destroying the collection’s floor price. The ‘Replicandy’ collection traded as high as 0.08 ETH ($210) until someone minted an additional 6,000 NFTs at $2 per token. These new mints were immediately up more than 100x, and the fresh supply was unloaded into liquid bids on NFT platforms. The exploit resulted in the Replicandy floor price cratering 97% from 0.08 ETH to 0.0025 ETH in just…

As Bitcoin reclaimed the $110K threshold last night, Ethereum (ETH) followed with a major comeback, pushing its price above $2,800. Notably, ETH was last seen at the $2,800 level in February, after which its price dipped to $1,380 during that period. At press time, Ethereum is trading at $2,787, having retraced slightly but still boasting a 5% daily gain. With a market cap of $336.57 billion and a 24-hour trading volume of $34.43 billion, Ethereum’s momentum is catching the attention of market watchers. They are now speculating on how it could impact the broader altcoin market. What’s Driving Ethereum? Ethereum’s…

XBTO, a global institutional digital asset manager, has received Financial Services Permission (FSP) under the 3A license category from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in the UAE, allowing it to offer digital asset custody, investment, and dealing services. According to Philippe Bekhazi, CEO and Founder of XBTO Group, the license will enable XBTO to be a positive digital movement in the region and reinforce their commitment to institutional integrity, regulatory transparency and financial innovation in the UAE. He added, “ADGM has built one of the most respected regulatory frameworks in the digital asset…

Keeta price rose more than 14% in 24 hours, breaking above $1 as it reached a new all-time high of $1.14. Keeta (KTA), the native token of the layer-1 blockchain Keeta Network, had traded below $0.08 in early April. However, following a series of positive catalysts over the past month, the token’s price has surged more than 1,173%. On June 3, 2025, Keeta soared over 14% to a high of $1.14, pushing its market cap close to $450 million. While KTA price is up a modest 36% over the past week, its gains over the last 30 days stand at…

An Australian financial adviser has been banned for ten years after allegedly stealing $9.6 million from clients to invest in a crypto scam. Glenda Maree Rogan allegedly transferred client funds to a crypto-based investment scam between March 2022 and June 2023, according to a statement released by the Australian Securities and Investments Commission on Wednesday. While working as an authorised representative of Private Wealth Pty Ltd and the Fincare group of companies, Rogan “made false statements to clients, and engaged in conduct that misled clients, about the nature, risks and liquidity of the investment,” ASIC said. The ten-year ban, which…