Author: NBTC

JACKSON HOLE, Wyo. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, anticipates up to 18 Democrats may vote in favor of the Senate’s answer to the Digital Asset Market Clarity Act. “I believe that we’ll have between 12 and 18 Democrats at least open to voting for market structure,” Scott said on stage at the SALT conference in Jackson Hole, Wyoming on Tuesday. “The forces against it, let me just say clearly, like Sen. Elizabeth Warren, standing in the way of Democrats wanting to participate, it is a real force to overcome,” he said. While Congress…

The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by ongoing US-China trade tensions. With the White House modifying tariff rates on several Asian countries, the effective duty now stands at 57.6% on China-origin mining machines and 21.6% on those from Indonesia, Malaysia and Thailand, according to the report. The Miner Mag also revealed that…

Good Morning, Asia. Here’s what’s making news in the markets: As Asia begins its trading day, ETH is trading above $4600, up 10% in the last 24 hours, as the possibility of a rate cut in September works its way through the market. Some traders see it likely that ETH could quickly challenge its all-time high of $4876 set in 2021. Polymarket bettors are going a step further; they believe that $5000 is possible before the end of August, and they are also giving a 28% chance of the asset’s price crossing $5800 before the month ends. The surge has…

Bili Capital is quietly placing its trust in some of the world’s biggest fund managers. According to Bloomberg, the investment firm has made over two dozen strategic investments in funds run by financial giants like BlackRock and Ares Management. While the move wasn’t announced with fanfare, it signals a clear change in direction. Instead of chasing risk, Bili Capital is aiming for long-term stability. A Steady Approach in Uncertain Times Markets around the world remain unpredictable. Inflation, rising interest rates, and global tensions have made many investors nervous. In response, Bili Capital is choosing a more careful path. Bili Capital…

The cryptocurrency world is buzzing with anticipation! U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins is set to discuss ‘Project Crypto’ today at the Wyoming Blockchain Symposium. This announcement, shared by Watcher Guru on X, has ignited significant interest across the digital asset landscape. It signals a potentially pivotal moment for understanding the future direction of crypto regulation. What is ‘Project Crypto’ and Why Does it Matter? While the specifics of ‘Project Crypto’ remain somewhat under wraps, its very mention by a high-ranking SEC official suggests a significant initiative. Historically, the SEC plays a crucial role in shaping the…

Bitcoin mining remains the backbone of the crypto economy. In the Asia-Pacific (APAC) region, abundant hydropower, gas reserves, and surplus electricity create opportunities and friction. The region offers “green hash” potential yet faces high electricity costs and fragmented rules. For global investors, APAC bitcoin miners now sit at the center of debates over energy use, transparency, and capital access. APAC Bitcoin Mining Overview Latest Update – In July 2025, Bitdeer expanded hydropower mining capacity in Bhutan to more than 1,200MW, positioning the country as a renewable mining hub. Marathon Digital and Zero Two began operating a 200MW immersion-cooled site in…

President Donald Trump is scheduled to sign an executive order on Thursday, August 7, allowing 401(k) retirement plans to include private equity, real estate, and cryptocurrencies, among other similar assets. The order will instruct the U.S. Department of Labor to review and possibly revise the existing guidelines on the inclusion of alternative investments in retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA), as reported by Bloomberg. In addition, the department will also have to clarify how exactly fiduciary duties apply when asset allocation funds offer exposure to newly included holdings. What does Trump’s new 401(k)…

SEC Chair Paul Atkins reiterated Tuesday that the financial regulator is making a clean break with its crypto enforcement approach of the past, and pledged that most digital asset projects will soon have little to fear when it comes to securities regulation. “It is a new day,” Atkins said during an appearance at the Wyoming Blockchain Symposium, held at the Four Seasons in Jackson Hole. “I feel your pain.” The SEC chair specifically emphasized that, under his tenure, the regulator would never again pursue regulation by enforcement against crypto projects.  “Now it’s different,” he said. “Now we want to embrace…

Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP. Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely attributed to a significant influx of capital into Ethereum spot exchange-traded funds (ETFs), which recorded a staggering $1 billion in inflows in just a single day—the largest daily inflow to date. According to data from Messari, year-to-date inflows into Ethereum ETFs have reached $8.2 billion,…

Bank of England cuts interest rates to 4% amid rising inflation and slowing job growth. Crypto markets could benefit as central banks shift toward looser monetary policy. All eyes on the Fed’s September meeting, with rate cut odds even shooting above 93%. The Bank of England (BOE) has cut its key interest rate once again, bringing it down to 4% from 4.25%. This marks the fifth rate cut since August 2024, when borrowing costs were as high as 5.25%. BOE Governor Andrew Bailey called it a “finely balanced decision,” and confirmed that interest rates are still on a downward path.…