Author: NBTC

Bank of England cuts interest rates to 4% amid rising inflation and slowing job growth. Crypto markets could benefit as central banks shift toward looser monetary policy. All eyes on the Fed’s September meeting, with rate cut odds even shooting above 93%. The Bank of England (BOE) has cut its key interest rate once again, bringing it down to 4% from 4.25%. This marks the fifth rate cut since August 2024, when borrowing costs were as high as 5.25%. BOE Governor Andrew Bailey called it a “finely balanced decision,” and confirmed that interest rates are still on a downward path.…

The U.S. House of Representatives is preparing to vote on a major cryptocurrency market structure bill that would create the first comprehensive rulebook for digital assets in the country. The news comes from Custodia Bank CEO Caitlin Long, who revealed the development live on CNBC from the Wyoming Blockchain Symposium. Washington’s Stance on Crypto Is Softening Speaking on the shifting political climate, Long emphasized that the regulatory landscape in D.C. has changed noticeably in recent months. She noted that bank regulators like the FDIC and OCC have softened their stance on crypto-related activities, while key personnel changes inside the Federal…

Ethereum price found support near the $4,200 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,620 zone. Ethereum started a fresh increase above the $4,250 and $4,350 levels. The price is trading above $4,400 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $4,200 zone in the near term. Ethereum Price Rallies Again Ethereum price started a fresh increase…

The crypto market is rebounding with major altcoins Ethereum, Solana, and XRP leading the way. It comes amid reports that President Trump is set to sign an executive order on Thursday that will pave the way for cryptocurrencies to be held in 401(k)s—a popular retirement account for Americans. Ethereum has climbed 7.3% over the past 24 hours to $3,856.26 and a market capitalization of $465 billion, according to CoinGecko. The move has seen $126 million worth of short positions on the second-largest cryptocurrency liquidated, per CoinGlass. Similarly, Cardano, Solana,, and XRP have all risen 5.7%, 4.9%, and 4.1% on the…

The SEC is investigating Alt5 Sigma, a company that recently conducted a $1.5 billion partnership with Trump’s World Liberty Financial. Its President, Jon Isaac, is the direct target. Apparently, the Commission is determining whether or not Alt5 Sigma engaged in fraud activities including earnings inflations, stock manipulation, and more. SEC Investigates Trump Partner World Liberty Financial, a major Trump family crypto enterprise, has been investing in a lot of Web3 firms lately. Recently, the firm closed a $1.5 billion deal with Alt5 Sigma, ostensibly to support a WLFI token strategy, and it invited the firm to ring the Nasdaq Bell…

Ethereum’s native token, ether (ETH), continues its powerful surge, sparking frenzied activity in the Deribit-listed options market, where traders are making bullish bets on further upside. Over the past 24 hours, traders have spent more than $5 million on the $5,000 strike call option expiring on Sept. 26, per data tracked by Amberdata. The buyers are betting on an ETH breakout above $5,000 by the end of this quarter. As of writing, ether changed hands at $4,670, representing a 26% gain for the month, according to CoinDesk data. Traders also picked up calls at the $5,500 and $6,000 strikes and…

The Dow Jones Industrial Average gained 200 points as stocks added to the previous session’s gains, with President Donald Trump’s chip tariff announcement buoying tech stocks. Summary Dow Jones Industrial Average gained by more than 200 points as stocks opened higher. Tech stocks rose as Trump signaled chip tariffs exemptions forcompanies building in the United States. Bitcoin was also up 2% in 24 hours to change hands above $116,000. The Dow opened 200 points higher, while the S&P 500 rose 0.5% and the Nasdaq Composite added 0.7%. By the close, the Dow ended the day up 81 points, the S&P…

US Securities and Exchange Commission (SEC) Chair Paul Atkins suggested only a small fraction of crypto tokens should be considered securities, as part of the agency’s changing approach to what constitutes a security under its purview. Speaking from the Wyoming Blockchain Symposium in Jackson Hole on Tuesday, Atkins discussed how the SEC’s “Project Crypto” initiative to establish rules on digital assets could affect how the agency addresses companies moving forward. He signaled that the SEC would chart its own path, as members of Congress consider bills to establish market structure. “We can not go about looking at [tokens] themselves as…

Google unveiled the Pixel 10 lineup on Wednesday at its annual Made by Google event, rolling out four new phones alongside a smartwatch, earbuds, and a smart home assistant. Each device leans on on-device artificial intelligence to power features from messaging to photography. While the star-studded event included guests like Jimmy Fallon, Steph Curry, and the Jonas Brothers, the main star was the Pixel 10 family, which includes four models—the Pixel 10, 10 Pro, 10 Pro XL, and 10 Pro Fold—all running on Google’s new Tensor G5 chip. The processor powers Gemini Nano, a lighter version of the company’s AI…

Ethereum’s ( ETH) price climbed past the $4,600 mark Tuesday, hitting an intraday peak of $4,629 per token on Deribit. Over the last 24 hours, ether gained 8% against the U.S. dollar and is up nearly 28% for the week. ETH Blazes to $4.6K, Just 7% Away From Historic High The rally shows no sign of slowing. Since Jan. 1, 2025, bitcoin (BTC) has advanced more than 28%, while ethereum has notched more than a 38% gain in the same period. At press time at 4:22 p.m. Eastern time, on centralized exchange Deribit, ether was trading at $4,604, giving the…