Author: NBTC

A group of Republicans has called foul after the US House passed a massive defense spending bill on Wednesday that omitted a ban on central bank digital currencies despite promises it would be included. “Conservatives were promised — explicitly — that strong anti-Central Bank Digital Currency (CBDC) language would be included in the National Defense Authorization Act (NDAA). That promise was broken,” GOP Representative Keith Self wrote to X on Wednesday. The House voted 312-112 to pass the NDAA on Wednesday, sending the $900 billion annual military funding bill to the Senate in a bid to have it passed before…

Although BNB Chain is known for its strong on-chain activity, Binance founder Changpeng Zhao has just confirmed the extent at which users are engaging with the network on a daily basis. In a recent X post Dec. 13, Binance’s CZ revealed that the network is now seeing about 2.4 million daily users. This suggests that BNB Chain is one of the most actively used Layer-1 networks in the crypto ecosystem. BNB Chain maintains speed despite high usage The post received support from the crypto community as they have confirmed the network’s efficiency despite its large growing user base. In agreement…

Ethereum price trades within a rising wedge at $3,200, a bearish pattern signaling weakening momentum and raising the likelihood of a breakdown toward lower support regions. Summary ETH forms a bearish rising wedge as price approaches the $3,200 region. Loss of the Value Area High and weak volume indicate structural weakness. Breakdown below the wedge and POC could accelerate a move toward $2,500 support. Ethereum’s (ETH) price has recovered modestly from recent lows, but the structure of this rebound is flashing warning signs. The asset has rallied into a bearish rising wedge, a technical formation that often appears during corrective…

The Commodity Futures Trading Commission (CFTC) named twelve exchange executives to its new CEO Innovation Council, bringing together prediction market operators like Polymarket and Kalshi with established derivatives giants like CME Group and ICE. Acting Chairman Caroline Pham announced the first group yesterday (Wednesday), focusing on exchanges as the regulator continues reviewing additional submissions. The council will discuss how derivatives markets are evolving around tokenization, crypto assets, round-the-clock trading, perpetual contracts, prediction markets and blockchain infrastructure. The participant list reads like a who’s who of both traditional and emerging derivatives platforms. Shayne Coplan from Polymarket and Tarek Mansour from Kalshi…

Everclear, a decentralized cross-chain clearing protocol that solves liquidity fragmentation for blockchains and digital assets, today announced a strategic partnership with Router Protocol, a cross-chain interoperability layer that connects Layer-1 and Layer-2 blockchains to allow contract-level data flows across them. The collaboration enabled the integration of Everclear’s clearing and settlement netting infrastructure with Router Protocol’s cross-chain infrastructure to deploy solver capital on Router Protocol’s network to unlock liquidity on the cross-chain ecosystem. Router Protocol is a multi-chain interoperability platform that connects different blockchains, enabling seamless transfer of data and assets across various chains. In recent years, Layer-1 and Layer-2 blockchains…

Currently, the Ethereum price is in the $3,051–$3,272 range, moving down amid reactions to the Federal Reserve’s decision to cut interest rates. Traders are jittery, volatility is rising, and a clear trend is yet to take shape. Naturally, that leaves us asking: what’s a credible Ethereum price prediction going forward? Table of Contents Current market scenario Upside outlook Downside risks Ethereum price prediction based on current levels Summary Ethereum is trading between $3,051–$3,272, with rising volatility and no clear trend as markets react to the Fed. Bulls remain in control above $3,000, with $3,200 as a key level that could…

South Korea is taking a decisive step to bring clarity and security to the cryptocurrency market. The government has just outlined a comprehensive draft plan to regulate won stablecoins, aiming to transform how these digital assets operate within its borders. This move could set a powerful precedent for other nations grappling with crypto oversight. What Are the Core Rules for Won Stablecoins? The proposed framework, presented to the ruling party’s Digital Asset Task Force, is built on several key pillars. First, it seeks to legally define won-denominated stablecoins as digital payment tokens. This classification is crucial as it places them…

Nomis, a renowned on-chain reputation protocol, has partnered with MindKit, a decentralized AI integration entity. The partnership is aimed at advancing intelligence abilities across diverse decentralized platforms. As per Nomis’ official X announcement, the collaboration endeavors to integrate cutting-edge AI-led reputation instruments with autonomous Web3 workflows to strengthen protocol and user efficiency. Hence, the joint effort serves as a key development toward establishing an inclusive ecosystem of reputation-based, intelligent infrastructure. 📢 We’re excited to announce a strategic partnership with @mindkit_dao, establishing next-gen intelligence.MindKit is the decentralized AI capability integration platform designed to empower any Web3 project with intelligent assistants and…

Cryptocurrency analytics company MakroVision has shared its updated assessment of Ethereum’s (ETH) technical outlook. According to the analysis, ETH is still in a downtrend overall, and is once again approaching a critical decision point in the short term. MacroVision notes that a clear downward trend, defined by red trend lines on the Ethereum chart, continues, while the recent rebound has provided relative stability above the previously reacted zone. According to analysts, this zone will determine whether the current move is merely a technical reaction or the beginning of new momentum. In the short-term outlook, the rise in ETH is seen…

Crypto DAT firm, Starcoin Group, is facing suspension from the Hong Kong Stock Exchange (HKEX) due to what the regulator calls insufficiencies in its operations. After the news of Starcoin’s possible suspension dropped, the company’s stocks dropped by 68%. The trading pause and subsequent stock price dip pile on a difficult period for crypto-accumulating firms as the overall market tests new depths, spreading fear through the ranks of crypto hodlers as well as holder adjacents, who invest in firms like Starcoin to gain indirect exposure. Starcoin Group stock drops after regulator pause Starcoin Group saw a dramatic drop in its…