Author: NBTC
A consortium of global banks including Deutsche Bank and Standard Chartered is reportedly evaluating ways to expand its crypto operations in the U.S. Big international banks are revisiting their approach to crypto, with a group that includes Deutsche Bank and Standard Chartered now exploring ways to expand operations in the U.S., the Wall Street Journal has learned, citing a person familiar with the matter. The report doesn’t say how far along the banks are in their plans, but notes that their renewed interest comes as traditional finance starts moving back into crypto after stepping away following the FTX collapse and…
One of the altcoins that fell the most in the decline in Bitcoin (BTC) and altcoins was Solana (SOL). However, it was also one of the best performers in the recovery. Whales that took advantage of this recovery in Solana also became active. According to Lookonchain’s post, a whale with around 1 million SOL tokens has made more than $153 million in profits after four years of staking on Solana. Accordingly, this whale bought about 1 million Solana in 2021. At that time, these SOL tokens were worth only $27 million. The whale staked the SOL tokens he received and…
The European Central Bank is seeking changes to the European Union’s Markets in Crypto Assets legislation (MiCA) just months after the regulation took effect because it’s concerned U.S. support for crypto could lead to economic damage in the 27-nation bloc, Politico reported Tuesday. The bank is demanding a rewrite of MiCA, whose stablecoin provisions came into force last June and which took full effect at the end of last year, a position that brings it into conflict with the European Commission, Politico reported, citing a policy paper. Neither the ECB nor the commission responded to a CoinDesk request for comment.…
SoarFun, a web3 gaming hub, is pleased to announce its strategic partnership with OpenLoot, a marketplace that supports game developers and publishers. This partnership aims to give more rewards and fun and many opportunities to users to win different rewards. Both platforms will work on expanding the entire web3 gaming infrastructure. SoarFun has revealed this groundbreaking news to the web3 gaming community through its official X account. 🤝 SoarFun x OpenLoot Collaboration$OL is designed to fuel @OpenLoot’s next phase of growth—and SoarFun is officially on board! 🚀With this partnership, expect more fun, more rewards, and more ways to win across…
Binance, a leading cryptocurrency exchange, reiterated its commitment to rebuilding trust in the crypto industry. Richard Teng, the exchange’s CEO, assured users of this commitment in a post on X, noting that compliance remains pivotal to Binance’s operations. Compliance as core Binance principle, not checkbox Teng says, “Compliance isn’t just a checkbox for us – it’s the foundation of trust.” The Binance CEO restates the exchange’s commitment to following regulatory guidelines not as a formality but as a way to earn public trust. In other words, rather than complying to avoid penalties from the regulatory body, Teng said Binance is…
After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen Block Times Bitcoin’s computational capacity has eased since last Thursday, when it reached 920 EH/s—just shy of the April 8 record of 926 EH/s. Since April 17, when the hashrate was coasting at 920 EH/s, 52 EH/s has departed the network, leaving today’s total at 868 EH/s. This shift coincides with increased mining profitability over the past 24 hours, as the hashprice—or…
After a sharp rise near the end of the weekend, Bitcoin is now at a technical crossroads. While momentum sparked hopes of a trend reversal, the underlying structure tells a more cautious story — one that traders shouldn’t ignore. Bitcoin (BTC) began the week with an impulsive move to the upside, breaking out of a short-term consolidation and sweeping liquidity above recent highs. While this breakout captured attention, the broader structure tells a different story. Despite the rally, Bitcoin has failed to shift the overall trend, which continues to reflect a bearish bias. The recent swing high at $88,465 falls…
With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts. Bitcoin (BTC) miners in the United States are facing two major challenges at once: rising equipment costs due to import tariffs and growing competition from financial products like ETFs, according to a new report by Bitwise. In the report, Bitwise‘s head of research André Dragosch and research analyst Ayush Tripathi, note that with an estimated 40% of global hashrate operated by American mining firms, the industry “is facing levies of 24-46% on…
Imagine your Bitcoin sitting idle like gold bars in a safety deposit box—locked away, secure, and earning nothing. As of April 21, 2025, the price of Bitcoin stood at $86,768, with a market cap of $1.73 trillion, reflecting a 3.1% uptick that day. It’s valuable, it’s safe, but it’s just sitting there, doing nothing—sound familiar? It’s the reality for many investors who HODL without putting their BTC to work. Even mainstream outlets report live Bitcoin price changes and highlight its dominant market share, yet utility remains limited. It’s the undisputed king of crypto, commanding 63% of the $2.75 trillion crypto…
The Federal Open Market Committee (FOMC) is expected to keep short-term interest rates steady at its meeting on May 7 as policymakers remain cautious amid ongoing economic uncertainty and await important data releases. Market indicators are strongly pointing to a pause in interest rate changes. Fixed-income markets are predicting the federal funds rate will remain in the current range of 4.25% to 4.5%, according to the CME FedWatch Tool. Forecast markets Kalshi and Polymarket echo a similar sentiment, giving a roughly 90% probability that the FOMC will hold rates steady in May. But a June rate cut is increasingly likely.…