Author: NBTC

Acting US Attorney General Todd Blanche faced backlash Wednesday over the Justice Department’s (DoJ) enforcement of crypto-related crimes and other actions as President Donald Trump’s former personal attorney appeared before a Senate hearing considering his nomination to lead the agency. The ranking Democrat, Senator Dick Durbin, used part of his opening statement at the Senate Judiciary Committee hearing to criticize Trump’s AG pick for what he described as “dismantling DoJ’s enforcement team and shutting down ongoing criminal investigations of the crypto industry.” Blanche was reportedly behind the disbanding of the Justice Department’s crypto enforcement unit in April 2025 as deputy…

FTX Trading Ltd. has alleged that Justin Sun moved $10 million in Bitcoin from customer accounts at the Poloniex exchange. This claim was detailed in an adversary proceeding court document published on July 14, 2026. The filing suggests the alleged transfers occurred from Poloniex customer accounts. FTX is seeking to recover these funds as part of its ongoing bankruptcy proceedings. This action highlights the continued efforts by FTX to reclaim assets following its collapse. The allegations against Justin Sun, a prominent figure in the crypto space, add another layer to the complex legal landscape surrounding FTX. Poloniex, an exchange acquired…

U.S. Vice President JD Vance has placed Bitcoin inside a wider national strategy debate, arguing that Washington should view the asset through an economic and geopolitical lens. His remarks, resurfaced in a July 5 post by Trending Bitcoin, came from his Bitcoin 2025 address in Las Vegas. Vance acknowledged that Bitcoin could become strategically important for the United States over the next decade. He tied that view to China’s long-running hostility toward crypto, saying Washington should ask why Beijing opposes the asset so strongly. Vance Links Bitcoin Strategy to China’s Crypto Ban During the speech, JD Vance argued that America…

Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index came in below expectations, easing concerns that Federal Reserve Chair Kevin Warsh would resume aggressive rate hikes. Risk assets rallied across global markets, with tech stocks advancing alongside cryptocurrencies as investors priced in a more accommodative policy outlook. Derivatives markets amplified the move. CoinGlass liquidation data shows a dense cluster of leveraged short positions between $1,800 and $1,850 was wiped…

DoubleZero recently announced that its high-performance global network is now live on mainnet-beta, powered by 2Z. This development has been amplified by a widely shared post from @doublezero, which has generated significant engagement on social media. The Latest Traders scanning the order books got a surprise when DoubleZero’s global network was launched. The new high-performance internet service is expected to provide enhanced speed and reliability, marking a significant milestone in the cryptocurrency and technology sectors. Given the mixed signals in the broader crypto market recently, this launch could create new trading opportunities. The announcement has sparked substantial interest, as evident…

Mass user migration following the end of the Markets in Crypto-Assets Regulation (MiCA) transitional period could strain compliance at virtual asset service providers (VASPs) in the European Union, according to Bruna Szego, chair of the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA). “Because we know customers will rush to withdraw, this will put additional pressure on these VASPs,” Szego said during a Wednesday briefing with the European Parliament’s Committee on Economic and Monetary Affairs. Szego said firms winding down their EU operations could come under pressure as customers rush to withdraw, while licensed crypto companies could…

The U.S. government transferred 4,815 $ETH worth approximately $9.29 million to Coinbase Prime. The Ethereum originated from wallets containing assets seized from the FTX and Alameda Research cases. Arkham Intelligence also tracked transfers involving $SHIB, AERGO and POWR from the same government-controlled wallet. A transfer to Coinbase Prime does not confirm the Ethereum has been sold. U.S. Government Transfers 4,815 $ETH to Coinbase Prime Arkham Dashboard of US Government Wallets The U.S. government transferred approximately 4,815 $ETH, valued at around $9.29 million, to a Coinbase Prime deposit address on July 15, according to blockchain intelligence platform Arkham Intelligence. The transaction…

A Bitcoin wallet that had remained inactive for nearly 15 years has transferred 30 $BTC, valued at approximately $1.9 million, according to data from Galaxy Research. The wallet last received a deposit in August 2011, making it one of the oldest dormant addresses to recently spring to life. Wallet Activity Linked to New York Ownership Lawsuit The transaction is connected to a broader legal dispute filed in a New York court by an anonymous plaintiff identified as Noah Doe, alongside two Wyoming-based entities. The lawsuit invokes New York’s lost property law to claim ownership of 39,069 long-inactive Bitcoin wallets. The…

Ethereum entered the U.S. inflation release with bullish momentum already building as buyers defended higher lows following its recovery from June’s weakness. That momentum strengthened after headline CPI slowed to 3.5%, below the 3.8% forecast and 4.2% prior reading. Source: Trading Economics The data weakened the Dollar Index and eased Treasury yields, encouraging fresh demand for risk assets. Binance then recorded more than $1.2 billion in Ethereum [$ETH] taker buy volume, accelerating the existing advance and lifting Ethereum toward the $1,895 zone. Rather than sparking a new trend, the inflation surprise reinforced the ongoing recovery, suggesting macro conditions strengthened buyers’…

Cathie Wood says the biggest IPO opportunity now arrives before a company ever lists, with most investors missing the steepest growth while firms stay private. The ARK founder framed SpaceX’s record filing as the start of a wider late-stage pipeline. Her firm holds six private companies it expects to list, each already at public-market scale. Why the Growth Phase Now Happens in Private ARK says the median US company waits 12 years to go public, up from five years in 1999. Independent figures from University of Florida professor Jay Ritter confirm the same long climb. He has tracked IPO age…