Author: NBTC

The cryptocurrency industry is mobilizing in Brazil to shut down the Provisional Measure that expands the crypto income tax for all users. Analysts agree that if enacted, this measure would hinder adoption and divert crypto activity to decentralized platforms. Brazil Faces Crypto’s Breaking Point With Generalization of Crypto Income Tax The cryptocurrency industry in Brazil is approaching a potential turning point in its history, and it is mobilizing all its lobbying power to avoid it. The cause is Provisional Measure 1,303/2025, which changes the established cryptocurrency taxation scheme and extends it to all crypto holders. The new provisional measure, currently…

SBI Holdings is moving to digitize Japanese equities using blockchain to cut fees and enable faster global trading. Japan’s primary financial group, SBI Holdings, is preparing a joint venture with Singapore-based startup StarTail Group. Together, they will develop a blockchain-powered platform to digitize equities. Sources told TV Tokyo that the project could reduce trading fees and make Japanese stocks easier to access internationally. SBI Ventures into Stock Tokenization Under this system, SBI will convert shares into “tokens,” a digital asset, so traditional brokers may no longer be required. This could cut transaction times to a few seconds and significantly reduce…

Hemi, a Bitcoin Layer-2 solution, today announced a strategic alliance with Houdini, a non-custodial DEX aggregator that facilitates private transactions. With this collaboration, Hemi seeks to capitalize on HoudiniSwap’s strengths to power enhanced cost-effectiveness, scalability, and security for its customers. Hemi is a Layer-2 network that enables Bitcoin to participate in DeFi by combining Ethereum-like smart contract capabilities into the Bitcoin chain to provide builders and users with improved efficiency, security, and accessibility of DeFi. On the other hand, HoudiniSwap is a recognized provider of private crypto transactions while ensuring user anonymity and privacy. It is a decentralized privacy platform…

Ethereum’s price stands at $4,403 on Aug. 12, 2025, at 10:45 a.m. Eastern time, supported by a market capitalization of $530.27 billion and a 24-hour trading volume of $43.98 billion. The day’s intraday range spanned $4,196 to $4,435, underscoring heightened volatility as traders tested key resistance levels. Ethereum On the daily chart, ethereum (ETH) maintains a robust bullish trend, with the price having surged from approximately $2,112 to its recent high of $4,435. Higher highs and higher lows reinforce the upward trajectory, but small-bodied candles near the top hint at short-term indecision. The $4,000 level remains a strong support zone,…

San Francisco Fed President Mary Daly said today that the Fed will need to cut interest rates soon, given the slowing labor market and the impact of tariffs on inflation, which she believes will be short-term. Daly said, “Inflation is gradually declining even without customs duties. As the economy slows and monetary policy remains tight, we anticipate inflation will continue its downward trend.” While acknowledging that customs duties will push inflation up in the short term, Daly noted that this effect will not be permanent. Daly also highlighted the weakening labor market, saying, “The labor market is already weak. A…

The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin law into effect. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — the first major U.S. law to erect a regulatory system in the crypto space — called for government action on limiting dangers from bad actors in digital assets, and the Treasury Department is asking for public comments “to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity,…

AGI Open Network, a popular decentralized AI infrastructure provider, has collaborated with Staynex, a top Travel ecosystem using AI and Web3. The partnership focuses on advancing Web3-driven travel with the integration of robust AI technology. As AGI Open Network mentioned in its exclusive X announcement, the mutual endeavor attempts to bridge cutting-edge decentralized AI agents with unique real-world travel use cases. Keeping this in view, the objective of this move is to unite the decentralized AI as well as the travel market. 🥳 We’re excited to announce our strategic partnership with @Staynex!🎯 Staynex is a Web3 & AI-powered travel ecosystem…

Data provider RedStone has released a new report on Hyperliquid, the decentralized perpetuals exchange that has quickly become the category leader. In just a year, Hyperliquid has grown to capture more than 80% of the decentralized perps market, with daily trading volumes now topping $30 billion, rivaling some of the largest centralized exchanges, according to the report. RedStone highlighted three structural advantages that underpin Hyperliquid’s surge. The first is its fully on-chain order book that now delivers spreads and execution speeds on par with centralized platforms. Second, HIP-3, Hyperliquid’s new permissionless market creation framework, has created one of the most…

Digital asset manager Parataxis Holdings is officially going public through a SPAC deal with SilverBox Corp IV, confirming earlier plans to list, it announced in a press release on Wednesday. The new entity will be called Parataxis Holdings Inc. and aims to trade under the ticker “PRTX” on the New York Stock Exchange (NYSE). At a $10 share price, the deal values the combined company at $400 million, with the potential to double that figure if Parataxis exercises the right to raise an additional $400 million through a share purchase agreement. About $31 million has already been raised and earmarked…

A $30 million plan to buy a presidential pardon for Roger Ver, a.k.a Bitcoin Jesus, charged with tax evasion, collapsed earlier this year before it even made it past the planning stage, according to Bloomberg. The effort was led by two self-styled operatives: Matt Argall, a supplement salesman from Florida who now calls himself “Lord Argall,” and Brock Pierce, a child actor-turned-crypto figure. The scheme took shape during a lobster dinner in Puerto Rico, where Argall and Pierce agreed they could sell Roger a path to clemency. Trump had just won his second term, and they assumed Roger, known as…