Author: NBTC

The Trump administration is gearing up for significant economic shifts, with its proposed tariffs said to be setting the stage for a potential overhaul of the Federal Reserve’s (Fed) leadership. Like Gary Gensler’s ouster at the SEC (Securities and Exchange Commission), reports indicate that Fed chair Jerome Powell may face a similar fate with discussions starting long before his term ends. Jerome Powell’s Exit Planned As Trump Tariffs Spell Economic Hardship Treasury Secretary Scott Bessent announced the Trump administration’s plans to interview candidates to replace Fed Chair Jerome Powell. Notably, Powell’s term as Fed chair ends in May 2026, over…

The cryptocurrency community is buzzing with speculation and excitement following Blum’s announcement about its Token Generation Event (TGE). On March 28, Blum confirmed on its X account that the TGE will officially launch in spring 2025. The news has ignited discussions among crypto users and investors, many of whom have been eagerly anticipating the $BLUM tokens. With features like multi-chain trading and community-focused incentives, the platform is solidifying its presence in the rapidly growing decentralized trading space. While no specific date was disclosed, the season aligns with the Northern Hemisphere’s spring months, between March 20 and June 21, 2025. The…

Sergei Potapenko and Ivan Turõgin, the Estonian co-founders of the defunct crypto mining firm HashFlare, claim that they have been ordered to to “immediately” leave the U.S. by the Department of Homeland Security (DHS), or face law enforcement action—contradicting an earlier court order. In a letter reviewed by Decrypt and addressed to U.S. District Judge Robert Lasnik, attorneys for Sergei Potapenko and Ivan Turõgin said that both men received emails from DHS on April 6 saying, “It is time for you to leave the United States.” That directive directly contradicts a court order requiring them to remain in King County,…

VeThor has grabbed another headline after Bybit listed the token with a 110 million VTHO prize pool. The price has, however, failed to react positively as it declined by 10% in the last 24 hours to extend its total Returns on Investment (ROI) to negative 96%. Bybit has officially announced the listing of VTHO with a whopping prize pool of 110,000,000 VTHO. According to the news shared by analyst CryptoBusy on X, the exchange started receiving deposits on April 16, exactly at 10AM UTC. However, trading started at the same time today, April 17, with withdrawal scheduled for April 18,…

Bitcoin briefly joined the sell-off in global markets due to rising recession fears related to escalating customs duties, falling sharply to $74,000 today before rising above $78,000. “Today’s relief rally lifted Bitcoin, sending prices above $78,000 as traders deployed the cash they had been putting away,” said David Hernandez, cryptocurrency investment expert at 21Shares. “Uniquely, as seen over the last few sessions, BTC tends to join the broader market rally but does not always crash at the same time as traditional assets.” Despite its relative strength over the past week, when stocks and even gold fell, Bitcoin’s brief slump underscores…

Ethereum ETFs remained completely stagnant, while spot Bitcoin ETFs saw a solid net inflow of $108 million led by BlackRock’s IBIT ETF with $80.96 million. Despite the fluctuations on the market, all nine spot Ethereum ETFs reported zero net flows, indicating a lack of investor confidence or engagement. There is no more pronounced difference between the activity of Ethereum ETFs and Bitcoin ETFs. Even though the market is starting to recover, Ethereum is still being overlooked because companies like Fidelity VanEck and Grayscale are witnessing ongoing capital movement in Bitcoin-related products. Even though Ethereum has been the second-largest cryptocurrency for…

Optimum, a decentralized, performance-enhancing memory layer for any blockchain, raised an $11 million seed round, inviting its creators from institutions like Harvard and MIT to jump from the world of academia into the commercial crypto arena. The seed round was led by 1kx with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others. Optimum is building what it calls the missing memory layer of blockchains, making the way data is stored, accessed and propagated, faster, cheaper and truly decentralized, according to a press release. At the…

An analyst has tipped XRP for greatness as he discloses that several financial institutions are testing the asset for cross-border payments. However, the overall impact on the price has been dismissed by a user who argues that utility and adoption have no influence on the market. XRP emerged as one of the major topics of discussion on social media on March 26, when a popular business leader and financial strategist, Jake Claver, highlighted its fast adoption rate. According to the post reviewed by CNF, several major financial institutions are currently testing XRP for real-time payments. However, Claver did not name…

Binance Coin (BNB), one of the largest altcoins, has recently shown significant market resilience compared to other altcoins. While BNB attracts attention with its durability, it is preparing to be listed on Kraken, one of the longest-running cryptocurrency exchanges. At this point, BNB Chain announced that BNB from account X will be listed on Kraken and trading will begin at 14:00 UTC on April 22. Accordingly, Kraken will support four trading pairs for BNB: BNB/EUR, BNB/USD, BNB/USDC, and BNB/USDT. While some users were surprised that Kraken had not listed BNB, which is among the fifth largest cryptocurrencies by market value,…

Bitcoin’s price may be hovering close to a five-month low, but U.S. President Donald Trump’s tariffs have hit the country’s largest tech companies harder. Since Nov. 5, the largest cryptocurrency by market value has strengthened against the “Magnificent Seven,” a group of Nasdaq firms including top tech names like Apple, Nvidia, and Tesla. On Monday, one Bitcoin was worth around 1,993 shares of the Roundhill Magnificent Seven ETF (MAGS), which offers equal weight exposure to the group of tech firms. A year ago, one Bitcoin could’ve bought 1,756 of the exchange-traded fund’s shares, when it was worth $69,000. On Friday,…