Author: NBTC

Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump’s increasing personal benefits from his own crypto ties. Over the weekend, Sen. Ruben Gallego, a Democrat elected to represent Arizona with $10 million in backing from crypto super PAC Fairshake, warned with eight of his colleagues that they would not vote to advance the current version of the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS Act), the Senate’s stablecoin bill. The Senate would need 60 votes to move forward with any legislation. However, the bigger issue for the crypto industry may be…

Strategy’s powerhouse bitcoin strategy has unleashed a jaw-dropping $5.1 billion gain so far this year, electrifying investors and cementing its dominance as the ultimate bitcoin treasury titan. Strategy’s Bold Bitcoin Bet Pays off in Massive Treasury Gains and Soaring Investor Interest Software intelligence firm Microstrategy (Nasdaq: MSTR), now operating under the name Strategy, published new financial data Saturday, emphasizing its aggressive bitcoin-focused strategy. Executive Chairman Michael Saylor underscored the company’s treasury success on social media platform X, stating: So far this year, MSTR treasury operations have generated a BTC $ gain of $5.1 billion. Strategy’s bitcoin treasury operations shared by…

Whale earns $3.33M trading Fartcoin, then reinvests $9.97M at a higher price. Fartcoin drops 3.46% as daily volume sinks 35.90% despite whale accumulation. Wallet swaps $2.7M USDC to FTM via aggregators, signaling strategic Fantom exposure. Large-volume token movements in Fartcoin (FARTCOIN) and Fantom (FTM) have raised attention across on-chain analytics platforms. One whale wallet made multimillion-dollar Fartcoin transactions, while a separate address carried out structured USD Coin (USDC) swaps into Fantom, indicating targeted positioning in both ecosystems. According to data from Lookonchain, a whale spent $9.97 million to repurchase 11.21 million FARTCOIN tokens at an average price of $0.89 per…

The House Financial Services Committee released a new discussion draft of its crypto market structure legislation on Monday—and the current version of the bill would amend American securities laws to exempt most top digital assets from the SEC’s oversight. The latest bill draft would add key language to numerous foundational securities laws, including the Securities Act of 1933 and Securities Exchange Act of 1934, that would formally exclude “digital commodities” from the definition of security, and thus, SEC purview. The bill goes on to define digital commodities in such a way that appears to apply to many of crypto’s most…

Following the movement of approximately 1,200 BTC from 12 long-dormant bitcoin wallets from 2015 on Friday, the same entity transferred an additional 500 idle BTC valued at $47.4 million on Saturday. 2015 Crypto Whale Shifts 500 Bitcoin A large whale has relocated a substantial trove of bitcoins acquired on Nov. 10, 2015, when BTC was priced at $374 each. Just yesterday, Bitcoin.com News reported that 12 wallets established on Nov. 10, 2015, transmitted 1,200 BTC, and today, seemingly guided by the same hand, another 500 BTC have changed course. Notably, the 500 BTC moved on Saturday, discovered by btcparser.com, were…

Ghana’s central bank will begin overseeing the digital asset space later this year, pending the passage of legislation currently before parliament, Governor Johnson Asiama has revealed. Asiama spoke at the African Leaders and Partners Forum, held in Washington on the sidelines of the International Monetary Fund (IMF)-World Bank Spring Meetings. He pledged the Bank of Ghana’s (BoG) commitment to promoting digital asset adoption by enforcing friendly laws that protect consumers without stifling innovation. The central bank’s oversight authority relies on legislators passing the Virtual Asset Providers Act, the governor stated. The proposed framework covers consumer protection, preventing illicit ‘crypto’ use,…

The South Korean Financial Services Commission has enacted a new set of guidelines, allowing the Asian country’s citizens to engage in cryptocurrency transactions. The latest development marks a landmark decision, setting June 2025 as the date when the new rules will kick in. According to reports, the Commission will allow non-profit corporations and virtual asset exchanges to sell digital assets. However, exchanges must structure their trading processes to minimize market impact when selling. In the meantime, the Commission will create a “Donation Review Committee” charged with supervising external audit corporations engaging in digital asset transactions. Background and Audit Firm Rules…

Crypto markets face a busy schedule of token unlocks this week, putting traders on alert. These events often drive volatility, as over a dozen projects prepare to release large token amounts. The market impact stems from supply and demand: large unlocks increase available supply, potentially pushing prices down. The actual effect depends on the unlock size versus currently trading tokens. Top 10 Biggest Token Unlocks in the Next 7 Days[Apr 18-24 2025]$TRUMP, $ZKJ, $SAROS, $PLUME, $UXLINK, $IMX, #MELANIA, $SCR, $OBT, $SOSO🔗 @CryptoRank_io pic.twitter.com/W5sKKz6Jgt — TOP 7 ICO | Crypto News & Analytics (@top7ico) April 17, 2025 Which Tokens Have Big…

Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal financial ties to crypto ventures (memecoin, family-linked stablecoin). The legislative stall threatens not only the stablecoin bill but also progress on broader crypto market structure rules. The path forward for landmark stablecoin legislation in the US Senate has hit a significant snag, as key Democratic lawmakers express reservations linked directly to President Donald Trump’s growing personal and financial connections within the cryptocurrency industry. What was recently seen as a bipartisan effort now faces political headwinds, potentially delaying…

U.S. spot bitcoin exchange-traded funds amassed $3.06 billion in inflows last week, according to newly published figures. Meanwhile, Blackrock’s IBIT fund edges closer to the 600,000 BTC threshold, requiring just 11,314 BTC to eclipse this significant benchmark. Three Bitcoin ETFs Now Hold Almost 1 Million BTC Combined Data compiled by sosovalue.com reveals that since Jan. 11, 2024, U.S. spot bitcoin ETFs have attracted $38.43 billion in inflows, with last week’s addition contributing $3.06 billion to that total. On Friday alone, Blackrock’s IBIT garnered $240 million, further bolstering its reserves. As of April 27, 2025, figures drawn from Blackrock’s own portal…