Author: NBTC

Long Island resident Eugene William Austin Jr. has been sentenced to 18 years in prison for his role in a $12 million crypto fraud scheme. Austin, who also went by the name “Hugh Austin,” was found guilty of conspiracy to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit interstate transportation of stolen property in September 2024 following a jury trial. Long Island man sentenced to 18 years in prison following conviction at trial for defrauding cryptocurrency investors and others of more than $12 millionhttps://t.co/MBCjHLg4fX — US Attorney SDNY (@SDNYnews) April 23, 2025 The 62-year-old, in collaboration…

Popular macroeconomics expert Lyn Alden believes Bitcoin (BTC) will remain bullish over the coming months. In a new interview with Natalie Brunell, Alden says that Bitcoin is likely to trend higher for another year or so. However, the analyst warns that a Black Swan event, a rare and unanticipated event that catalyzes a massive market meltdown, may cause the flagship crypto asset to plummet. “I think that a lot of the fundamentals look pretty good at the current time. So I expect pretty good performance over the next year or two, but it is subject to not having like a…

According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform. In a recent tweet, Shibarium Updates shared details on burns on ShibTorch. A total of 881,353,310 SHIB have been burned, per the most recent update. ShibTorch – Shibarium FireTracking the burn, fueling the future.Total Burned: 881,353,310 SHIBWeekly Change: 🔥 +5.40%Recent Burn Actions:🔹 2025-04-18 @ 04:05 UTC: 16,682,282.98 SHIB🔹 2025-04-14 @ 22:22 UTC: 14,521,134.84 SHIBNote:30% of the BONE is collected as… pic.twitter.com/POD2IgXy7z — Shibarium Updates 📢 (@Shibizens) April 19, 2025 Shibarium Updates highlighted…

The winds have shifted in Washington. Just months into his second term, President Donald Trump’s administration has made a decisive pivot from regulatory hostility to enthusiastic support for crypto. Executive orders, agency shakeups, and bold declarations have redefined digital assets as strategic financial infrastructure rather than speculative distractions. But even with this new momentum, one major obstacle remains: Congress. Despite the White House’s crypto embrace, the legislative branch holds the keys to a stable and lasting regulatory framework. Many crypto leaders are sounding the alarm that now is the time to act by creating a clear regulatory framework for the…

Bitcoin price has dropped into a bear market this year after falling by 23% from its highest point in January. Bitcoin (BTC) was trading at $84,555 on Good Friday, up by 13% from its lowest point this year, giving it a valuation of over $1.68 trillion. It has dropped by 10% this year, outperforming the Nasdaq 100 index, which has fallen by 13%. Historical data suggests that Bitcoin remains in a bullish trend despite the 23% dip. Moreover, the coin has experienced bigger drops in the past. For example, it fell by 35% from its peak in March last year…

Justin Sun, founder of Tron (TRX), has broken the silence on the speculation about an exchange-traded fund (ETF) making the rounds in the crypto space. Sun validated the news by sharing an update with his over 3.8 million followers on X. SEC faces new ETF bid with staking component Notably, the Securities and Exchange Commission (SEC) has been flooded with different ETF filings for XRP, Solana and even Dogecoin. When the rumors of a spot Tron ETF filtered in, some doubted the news’ authenticity. Sun has now validated it by attaching a link to the form S-1 filed by Canary…

After more than a decade of regulatory ambiguity, US lawmakers are opening federal doors to the stablecoin market. The Senate Banking Committee has tabled the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bipartisan bill that could establish a clear framework for dollar-pegged digital tokens. Stablecoins seem “safe,” but to thousands of crypto fraud victims, anything involving crypto is a hard pass. The legislation, led by Senator Bill Hagerty and co-sponsored by a cross-party coalition, is the Trump administration’s most profound attempt to impose oversight on the industry, accused of operating in a legal gray area. Still,…

Not many posts from 2013 still get circulated in crypto circles in 2025, but one that did this week comes from a well-known figure – Adam Back – and it is getting attention for one reason: it still reads like something someone would post today. Back then, Bitcoin (BTC) had just crossed $100, and people on forums were wondering if they had already missed the opportunity to buy. Back stepped in with what looked like a mix of technical perspective and straight-up common sense. He pointed out that even if someone bought at $30 or $100, they would likely still…

While the net capitalization of the cryptocurrency market is losing value again, the segment of meme cryptocurrencies is sending mixed signals to its audience. Amid all largest dog coins, Shiba Inu (SHIB) shows the strongest performance in the last 24 hours. Shiba Inu (SHIB) is top gainer amid largest meme coins Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, is up by 2.7% today. Shiba Inu’s (SHIB) price hit $0.00001221, while its capitalization exceeded $7 billion. Shiba Inu (SHIB) is the 19th biggest cryptocurrency by market cap. Dogecoin (DOGE), the largest meme cryptocurrency, is also in the green.…

Both the U.S. Senate and House are considering bills creating a regulatory framework for stablecoins, and all of the usual crypto-skeptic refrains have been sung, including the hymn that crypto is for crime. For instance, Senator Elizabeth Warren (D-MA) warned that the Senate’s GENIUS Act “will supercharge the financing of terrorism.” During debate on the House’s STABLE Act, Representative Brad Sherman (D-CA) worried about the use of “unhosted wallets to evade” anti-money laundering provisions. Not surprisingly, both the GENIUS and STABLE Acts include significant sections on illicit finance, including subjecting stablecoin issuers to the Bank Secrecy Act (BSA). But lawmakers…