Author: NBTC

A group of Republican lawmakers has asked the U.S. Commerce Department to investigate potential national security threats tied to DeepSeek, a Chinese company behind an open-source AI model known as R1. In a letter sent August 1 and made public on Tuesday, the senators cited risks that the model could leak U.S. user data and aid China’s military and surveillance efforts.  Led by Senator Ted Budd (R-NC), the letter was co-signed by Senators Bill Cassidy (R-LA), John Cornyn (R-TX), Marsha Blackburn (R-TN), Todd Young (R-IN), John Husted (R-OH), and John Curtis (R-UT).  DeepSeek “has willingly provided and will likely…

The cryptocurrency world is constantly buzzing with activity, and on-chain movements often provide crucial clues about market sentiment and future trends. Recently, a significant event caught the eye of many analysts: a substantial Amber Group WLD withdrawal from Binance. This move, involving 4.68 million Worldcoin (WLD) tokens valued at approximately $4.92 million, marks the first such withdrawal by the prominent market maker in about three months. What does this tell us about the current state of WLD and the broader crypto landscape? Understanding the Significance of an Amber Group WLD Withdrawal When a major player like Amber Group makes a…

While the markets generally expect the FED to cut interest rates in September, the probability of a 25 basis point cut is priced in at 85%. US President Donald Trump is also pressuring Fed Chairman Jerome Powell to cut interest rates quickly, stating that they are late in reducing interest rates. At this point, FED member Christopher Waller, who is close to Trump and supports the interest rate cut, announced that he supports the interest rate cut in September. Speaking at the Miami Economic Club, Waller announced that he supports a 25 basis point cut in interest rates in September…

Cryptocurrency exchange OKX announced that 6 altcoins will be removed from futures trading in order to prevent market risks and improve user experience. OKX Announces Delisting of 6 Cryptocurrencies from Futures Trading According to the company’s official statement, six different contracts will be removed from the platform as of 16:00 on September 12, 2025. The parities to be delisted are: ZEREBRO/USDT, WAXP/USDT, NEIROETH/USDT, ALCH/USDT, DGB/USDT and DOG/USDT. The exchange stated that all open orders will be canceled on the day the contracts are delisted, and positions will be closed based on the arithmetic average of the OKX index prices one…

Ethereum treasury company Sharplink got a muted response from investors when it told Decrypt last week that it’ll stake a portion of the $3.6 billion worth of ETH in its treasury on Linea once mainnet goes live. The company’s shares, which trade on the Nasdaq under the SBET ticker, are currently trading for $15.73, or 11% less compared to five trading days ago. And now, it’s been the case for a week that users on Myriad, a prediction market owned by Decrypt parent company DASTAN, are doubting that Sharplink will scoop up enough Ethereum to hold 1 million ETH before…

US stocks have slipped as a turbulent week continues, with investors reacting to the latest release of the Personal Consumption Expenditures index, a key consumer inflation gauge. Summary Dow Jones Industrial Average dropped 65 points, and S&P 500 and Nasdaq Composite dropped 0.4% and 0.5% respectively. July’s core PCE inflation index rose to 2.9%, up from 2.6%. Bitcoin and Ethereum also slipped as risk assets continued to shed gains from recent highs. Dow Jones Industrial Average opened 65 points lower to continue the weakness seen this week, while the S&P 500 shed about 0.4%. Meanwhile, the tech-heavy index, the Nasdaq…

Cryptocurrency exchange Binance continues to expand its futures product offering. The company announced the launch of the WLFIUSDC futures contract to increase trading variety and enhance user experience. Binance Futures Launches WLFIUSDC Futures Contract with 75x Leverage According to the official announcement, the new contract will begin trading on September 8, 2025, at 11:30 a.m. Based on the World Liberty Financial (WLFI) token, the contract will be offered as part of USDⓈ-M futures and will provide investors with up to 75x leverage. Key features of the contract include a tick size of 0.0001, a funding rate capped at +2% /…

The Ethereum price is once again drawing attention as a strong bullish setup begins to take shape on the charts. Analyst Merlijn the Trader says buyers are stepping in after repeated rebounds, showing that the market could be shifting in favor of the bulls. He points out that momentum is now building, but one key resistance level still stands in the way. According to the analyst, this is the kind of setup that often sparks explosive moves to higher targets. Ethereum Price Forms Triple Bottom Pattern According to Merlijn the Trader, Ethereum is now showing a clear triple bottom pattern…

The world of digital assets is constantly evolving, and a fascinating trend is taking center stage: the remarkable growth of tokenized gold. These innovative assets are bridging the gap between traditional safe-haven investments and the cutting-edge technology of blockchain. Recently, the combined market capitalization of two prominent Ethereum-based tokenized gold assets, Tether Gold (XAUT) and Pax Gold (PAXG), soared to an impressive $2.2 billion. This significant milestone, reported by Unfolded citing data from Token Terminal, highlights a growing investor appetite for digital representations of physical gold. What Exactly is Tokenized Gold, and How Does it Work? You might be wondering,…

Bybit has announced it’s resuming full crypto trading services in India after months of regulatory friction, after paying a $1 million fine and registering with the country’s financial watchdog to regain compliance. The Dubai-based crypto exchange said in a press release that Indian users now have full access to its mobile app via the App Store and Google Play, with phased restoration of its website expected over the coming days. This follows the platform’s suspension of most services in January 2025, excluding withdrawals, after the Financial Intelligence Unit-India (FIU-IND) determined it had been operating without proper registration under anti-money laundering…