Author: NBTC

WASHINGTON, D.C. — U.S. President Donald Trump’s crypto ventures were once again under the microscope during a House Financial Services Committee hearing that otherwise saw legal experts express worries about how regulators might police digital assets under a market structure bill. The committee held a “minority day” hearing — meaning the witnesses were primarily picked by the Democrats, the current minority party in the House — on Friday, letting lawmakers ask questions more targeted on concerns they have with the Digital Asset Market Clarity Act, the Republican-led market structure legislation that will receive a markup vote next week. Maxine Waters,…

The central bank of Kazakhstan has given the go-ahead for a project to issue crypto cards allowing users to spend digital coins where fiat is accepted. The pilot is part of a series of initiatives aimed at expanding cryptocurrency circulation in the country, including the issue of a stablecoin and the tokenization of assets. National Bank of Kazakhstan starts crypto cards project The monetary authority has announced the launch of a pilot that will provide citizens of the Central Asian Nation with the opportunity to spend their cryptocurrencies practically anywhere regular payment cards are accepted. The news came from a…

The blockchain sector keeps showing dynamic shifts and new advancements as the platforms compete for development activity and investor interest. As per the data from Phoenix Group, the prominent blockchains in terms of 30-day total value locked (TVL) upsurge include Corn, Babylon, and EOS as of the 6th of June, 2025. Additionally, the other top names on the list take into account WorldlChain, NEO, Lisk, Stellar, Hyperliquid, Zircuit, Saga, and more. TOP CHAINS BY MONTHLY TVL GROWTH#Corn #Babylon #EOS #WorldChain #NEO #Lisk #Stellar #Hyperliquid #Zircuit #Saga #Pulse #Abstract #ApeChain #Flare #Unichain pic.twitter.com/fAK5I4efAa — PHOENIX – Crypto News & Analytics (@pnxgrp)…

Brazil is poised to become the first G20 nation to allocate up to 5% of its $370 billion international reserves into Bitcoin, following the rapid progress of a landmark legislative bill. This development signals growing institutional momentum and could reshape how global economies approach digital assets. With the bill already clearing its first committee, Brazil’s bold move has captured the attention of financial policymakers, cryptocurrency advocates, and observers worldwide. If the bill becomes law, it could transform sovereign wealth management and influence future digital asset strategies across the globe. Historic Legislation: Brazil’s Strategic Bitcoin Reserve Currently moving through the Brazilian…

Ethereum has $1.93 billion in stablecoin inflows over 7 days and is leading all chains on DeFi activity and market cap growth. Over 50% of stablecoins in Ethereum’s market belong to USDT, while USDe gained almost 25% monthly growth. The Ethereum DEX volume was $984 million in 24 hours as user fees and on-chain revenues climbed across major applications. Ethereum recorded $1.93 billion in stablecoin inflows over the past seven days, outpacing all other chains, according to recent data. This surge also brought the total stablecoin market cap of the network to $124.68 billion, with over 50.63% of the supply…

US President Donald Trump has reignited discussions about replacing Federal Reserve (Fed) Chair Jerome Powell. This has sparked waves across traditional and crypto markets, with Bitcoin poised to reclaim $105,000. The implications are significant, extending beyond monetary policy to the trajectory of Bitcoin, altcoins, and macro risk sentiment globally. Trump’s Phantom Fed Chair Plan Shakes Markets On June 6, Trump stated that his pick for the next Fed Chair is “coming out very soon,” even though Powell’s term does not officially end until May 2026. The move would amount to a political earthquake in monetary policy circles, with Trump preparing…

One of the biggest single-token moves in recent days just happened as a wallet holding 63.18 billion SHIB, worth roughly $844,000, quietly pulled the entire balance from a Coinbase hot wallet and moved it off the exchange — no swaps, no bridging, no dust left behind. The transfer happened within the last 24 hours, and since landing in the new address, the tokens have not moved, as displayed by Arkham. There is no clear trail. The receiving wallet does not have much of a history. It is not linked to any known DeFi platform, centralized service or whale-tagged address. It…

Democrats on the House Financial Services Committee held their own hearing Friday to discuss a pending crypto market structure bill, during which witnesses laid out concerns about the legislation’s potentially wide-reaching implications for American securities markets. Whereas most hearings about the bill have thus far been convened by the committee’s Republican majority, which introduced it, today’s “minority day” convening offered Democrats the rare opportunity to focus attention on perceived flaws in the legislation. The CLARITY Act would, for the first time, create a legal framework in the United States for issuing and trading most crypto assets. It would do so…

WazirX rebrands as Zensui, moving to Panama to avoid Singapore’s stricter crypto rules. Singapore’s new crypto rules forced WazirX to find a safer place for crypto activities While, Panama is known for being friendly to crypto companies, making it easier to do business. The popular Indian cryptocurrency exchange WazirX has surprised everyone by rebranding its company name to Zensui and moving its operations from Singapore to Panama. Many people are wondering what this means and how it will affect everyone using their platform. WazirX Rebranded to Zensui WazirX, once a leading crypto platform in India, is moving its base from…

Band Protocol, a cross-chain data oracle platform that connects real-world data to smart contracts, today announced that more than 200 token symbols have been successfully tested on Band v3 Testnet. In its tweet posted on X today, Band Protocol revealed that its v3 testnet effectively tested over 200 token symbols. The event is vital as it highlights the oracle network’s capability to offer diverse, reliable price data. 200+ symbols successfully tested on Band v3 Testnet!With the Band v3 Mainnet launch, devs and projects can list any desired token symbols on BandChain via the Signaling Hub. Endless opportunities await — stay…