Author: NBTC

President Donald Trump’s top adviser on crypto, David Sacks, is working under a “special government employee” status that’s meant to be for officials serviing an important but temporary duty with the federal government, and Senator Elizabeth Warren penned a letter with other Democrats in Congress asking him whether he’s overstepped that window. Such an employee isn’t allowed to serve more than 130 days in a year, according to the law, and the Wednesday letter to Sacks asks him to put a number on the days the prominent venture capitalist has worked for Trump in the role as crypto and artificial…

Coinbase’s presence in XRP has almost disappeared. At the start of summer, the exchange held around 970 million XRP across 52 cold wallets. Ten of these wallets held approximately 26.8 million coins each, while the remaining wallets held a further 16.8 million. Three months later, only four of those wallets are still active, each holding around 16.4 million XRP, according to XRPWallets. This equates to approximately 65.6 million XRP remaining — less than 7% of the total held in June. I’ve been watching a few of them like these. New subwallets then more is added. I was hoping to see…

NBA champion Tristan Thompson is teaming up with Improbable CEO Herman Narula and co-founder Hadi Teherany to roll out a new web3 experience designed to reinvent basketball fandom for the digital era. The project, named basketball.fun, will debut in October ahead of the NBA season and will attempt to gamify the way fans interact with players and games, Thompson announced. It has been developed on Somnia, a layer 1 blockchain that went live at the start of this month, already notching billions of dollars worth of trading volume in its first two weeks. “This is how we experience moments together,…

Coral Finance, a renowned DeFi platform, has partnered with GATA, a prominent Web3 company dealing with decentralized computing and AI-led apps. The collaboration is devoted to establishing a user-owned, verifiable, and decentralized data ecosystem with the merger of DeFi and AI. As disclosed in Coral Finance’s official social media announcement, the development endeavors to reshape the digital economy with this remarkable synergy. Hence, the consumers can expect unique opportunities for investors and builders in the wider tech sphere. Excited to announce partnership with @Gata_xyz , building a decentralized, verifiable, and user-owned data network that empower the next generation of frontier…

Etheruem (ETH) broke its previous ATH of 2021 in the past weeks, surpassing $4,900 and setting a new ATH. However, this was short-lived, and Ethereum fell to $4,200 amid the overall market correction. However, while analysts noted that the decline in ETH would be short-lived, Swiss cryptocurrency bank Sygnum Bank analyzed the main catalysts for the rise in Ethereum. Accordingly, Sygnum analysts said that Ethereum’s renewed bullish momentum is due to a combination of improving fundamentals, decreasing supply, and increasing demand due to network upgrades. Sygnum said that Ethereum’s weak performance between 2022 and 2024 and in the first half…

Tomorrow is a critical day for Bitcoin (BTC), cryptocurrencies, and global markets. The Fed will announce its September decision tomorrow. While the market is certain that the Fed will cut interest rates, there’s speculation about whether a surprise 50 basis point decision will be made. It is stated that a surprise decision of 50 basis points could trigger a rise in Bitcoin and altcoins. As the tense wait continues, Stephen Miran, known for his closeness to US President Donald Trump and nominated for the Fed board, received confirmation from the Senate. Accordingly, the US Senate confirmed cryptocurrency enthusiast Stephen Miran…

Cryptocurrency leaders will gather on Capitol Hill on Thursday to meet with the Senate Banking Committee, according to a post by Fox Business reporter Eleanor Terrett. At the meeting, important regulatory issues in the US and the future of cryptocurrencies will be discussed. While there is no clear statement yet about who will attend this meeting, it has become clear that Cardano (ADA) founder Charles Hoskinson will attend. Hoskinson confirmed in his X post that he will attend a roundtable meeting on crypto market legislation at the Senate Banking Committee. The celebrity’s post came in response to Eleanor Terrett’s post.…

Kraken will begin hosting token sales from Legion, a fundraising platform backed by VanEck and Brevan Howard Digital, expanding compliant crypto offerings to millions of global users. Announced on Thursday, the initiative integrates Legion’s reputation-based allocation model with Kraken Launch, the exchange’s new onchain fundraising hub. Unlike traditional first-come fundraising models, Legion uses a “Legion Score” to allocate up to 20% of each sale to contributors such as developers, DeFi users, and community leaders. This approach is intended to reward long-term industry participants while reducing the influence of bots and speculative wallets. Remaining allocations will be available both on Legion…

Aizel Network is excited to announce its groundbreaking collaboration with ZENi, unlocking smarter growth for the Web3 communities. Through this partnership, Aizel Network integrates its on-chain intelligence backbone into the intelligent engagement tools of ZENi. With this, the alliance aims to set the stage for enhanced growth, scalable intelligence, and stronger participation across decentralized ecosystems. Excited to team up with @ZENi_io the AI-powered growth engine for Web3 communities By combining ZENi’s intelligent engagement tools with Aizel’s trusted on-chain intelligence backbone, we’re unlocking frontier of smarter growth and scalable intelligence for Web3 ecosystems 🤖🔗 pic.twitter.com/W9acFdihMB — Aizel Network (@aizel_network) September 18,…

Despite its already high price levels, Ethereum is seeing a solid surge of instutitonal accumulation tendencies, with funds and whales increasing their purchases. Significant inflows into wallets associated with institutions and newly created addresses have been noted by on-chain trackers in recent days, indicating a renewed belief in Ethereum’s long-term prospects. Whales are back At a price of $3,145 on average, Trend Research sold 79,470 ETH (about $250 million) two months ago. The same organization repurchased Ethereum this week at significantly higher prices, demonstrating faith in the cryptocurrency’s potential despite its short-term cost inefficiency. Trend Research removed 9,377 ETH ($41.37…