Author: NBTC

Brian Quintenz, President Donald Trump’s long-stalled pick to head the CFTC, escalated a spat with Gemini founders Tyler and Cameron Winklevoss Wednesday, publicly posting what he said were screenshots of conversations with the twin crypto entrepreneurs regarding their reported attempts to derail his nomination. The images show what appears to be a text conversation on messaging app Signal between Quintenz and the Winklevosses on July 24. Decrypt reached out to a Gemini representative to confirm the accuracy of the screenshots, but did not immediately receive a response.  In the conversation, the Winklevoss brothers grill the nominee over his reaction to,…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. In his work on the pre-800 AD Classic Maya economy, the historian Philip Curtin recounts a striking finding: Archaeologists measured the ratio of cutting length to weight in obsidian blades and discovered that the ratio varied inversely with distance from obsidian sources. The economist Deirdre McCloskey cites this as evidence that the human impulse toward exchange and profit-seeking gain has always existed. “If Mayans lived in a gainless, profitless, nonmarket economy, it would not matter to them how expensive obsidian was. But…the ratio varied inversely with the…

Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show.  Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company.  The dismissal comes just weeks after a different class-action lawsuit accusing the company of misleading shareholders about how new accounting rules would affect its profitability was scrapped. That lawsuit, filed in May, was similar to the June one dismissed Wednesday. A number of law firms and stockholders this…

Forks are Ethereum’s way of upgrading or occasionally fracturing the network, and each one sets off a different chain reaction inside a CFD account than it does in a spot wallet. Below we streamline the topic into four dense sections, focusing on pricing mechanics, broker practices, real-world case studies, and a tactical game plan you can apply before the next split. Fork Mechanics and How They Filter Into a CFD Quote Ethereum forks come in two flavors. Routine upgrades (London, Shapella) replace the old rules without leaving a parallel chain behind, while contentious forks (DAO 2016, ETHW 2022) create two…

In an exciting development for the digital finance world, Rain, an innovative Stablecoin Payment Platform, recently announced a substantial Series B funding round. The company successfully raised an impressive $58 million, signaling strong investor confidence in its mission to revolutionize payments. This significant capital injection positions Rain to accelerate its growth and further develop its cutting-edge solutions in the stablecoin space. What Does This Funding Mean for Rain, the Stablecoin Payment Platform? Rain’s recent $58 million Series B funding round is a massive vote of confidence from prominent investors. Sapphire Ventures led this crucial investment, underscoring the growing interest in…

Keith Kelley, a Republican state senator representing Alabama’s 12th district, is sounding the alarm for the potential impact of the federal stablecoin bill, the GENIUS Act, two months after it was signed into law by US President Donald Trump. In a Wednesday op-ed for 1819 News, Kelley said there was a loophole in the GENIUS Act that, if exploited, could “devastate” the economies of rural areas like many in Alabama. According to the senator, the bill would allow “cryptocurrency platforms to distribute financial rewards,” incentivizing people to withdraw funds or close accounts at small community banks in the state. “Unlike…

Creatachain, a cutting-edge L0 modular blockchain, has partnered with REI Network, the blockchain network built by GXChainGlobal. The partnership aims to improve multichain interoperability within the Web3 sector with the Lunar Link technology. CreataChain’s official announcement discloses that the collaboration endeavors to enable streamlined connectivity across diverse blockchains. Hence, this move is anticipated to drive the adoption of real-world applications, gaming, and decentralized finance (DeFi). ⚡🤝🌍 Scalable Web3 Meets InteroperabilityWe’re excited to partner with @GXChainGlobal — the team behind REI Network, a zero-fee, EVM-compatible blockchain powering next-gen DeFi, gaming & real-world apps with speed and scalability.With CreataChain’s Lunar Link, REI…

Ethereum continues to trade sideways, with volatility subdued as price action remains compressed between major support and resistance zones. The market is approaching a sensitive juncture, where either a recovery could unfold or further weakness may develop. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains within its long-standing ascending channel. After pulling back from the upper boundary near $4.9K, the price is now consolidating around the mid-range support. As long as Ethereum holds above the dotted trendline and the $4.2K–$4.3K support region, the broader bullish channel structure remains intact. Losing this area, however, would expose…

Gemini, the crypto exchange run by Cameron and Tyler Winklevoss, is lining up to take its shot at Wall Street. The brothers launched Gemini back in 2014 with a simple pitch: a crypto platform built for trust and regulation at a time when most exchanges were flying under the radar. Now, Gemini wants to join the small club of U.S. exchanges trading on the stock market. Coinbase set the precedent in 2021, and Bullish made its debut in 2025. Gemini could be next, and that makes this IPO worth watching. The company quietly filed paperwork with the SEC earlier this…

The Crypto Market Structure Act, one of the most comprehensive attempts at cryptocurrency regulation in the US, is advancing in the Senate with bipartisan support. Senate Democrats have released a comprehensive outline for the legislation, sparking optimism among both crypto industry representatives and some Republican senators, according to crypto journalist Eleanor Terrett. The framework announced by the twelve-member Democratic senators’ group calls for clarifying the legal status of tokens, strengthening oversight of exchanges and issuers, combating illicit financial activities, preventing conflicts of interest, and providing more resources to regulatory agencies. These topics are largely aligned with Republican priorities. Senator Cynthia…