Author: NBTC

Crypto exchange OKX has appointed Jonathan Brockmeier, a former compliance officer at fintech firm Thunes, as its new Chief Compliance Officer. OKX announced the leadership change on April 24, confirming that Brockmeier is officially stepping into the role. He replaces Vanessa Zhang, who is departing the company, according to OKX founder Star Xu. Brockmeier previously helped establish the Americas Compliance Department at Singapore-based payments platform Thunes. He also held a compliance leadership role at global payments firm Zepz. Commenting on the appointment, Xu stated: “Jonathan brings an exceptional track record in global regulatory leadership, deep expertise in financial compliance, and…

As Bitcoin (BTC) edges closer to the psychologically significant $100,000 milestone, several technical and on-chain indicators suggest that a major breakout could be on the horizon. One such metric – Bitcoin’s Apparent Demand – has shown a strong rebound, signalling renewed interest and sustained accumulation in the market. Bitcoin Sees Sharp Rebound In Apparent Demand According to a recent CryptoQuant Quicktake post, contributor IT Tech pointed to a significant rise in BTC’s Apparent Demand. Most notably, this key indicator has returned to positive territory after spending several consecutive weeks in the red. For the uninitiated, Bitcoin’s Apparent Demand (30-day sum)…

They call him “El Presidente.” But unlike the other President, Dave Portnoy draws a line at launching a memecoin. He worries his followers will lose their shirts. “I got involved in memecoins because I wanted to launch a Barstool memecoin, but I didn’t want my fans and followers to lose money,” he said in an interview with CoinDesk. Memecoins are “legalized Ponzi schemes,” he said, “there’s no value to it, so you gotta get in and get out before it crashes.” [Note: memecoins aren’t legalized in the U.S. but they are popular.] While Portnoy hasn’t launched a Barstool branded memecoin,…

BlackRock XRP ETF Delay Market observers say BlackRock sees little incentive to rush into the XRP ETF market. The firm is already generating significant profits through its Bitcoin and Ethereum ETFs. Its Bitcoin ETF boasts over $30 billion in assets, while its Ethereum ETF recently crossed the $1 billion mark within just two months. Given the success of these products, BlackRock appears content to prioritize assets with higher liquidity and stronger institutional demand, leaving XRP on the backburner for now. Bitwise CIO Matt Hougan notes that while interest in XRP is growing, it hasn’t yet reached the levels needed to…

Senator Cynthia Lummis, the SBR evangelist, has said that she will continue to hold the Fed accountable until crypto is fully supported. This is in relation to the Fed’s withdrawal of crypto rules for banks, which has ended “Chokepoint” practices. According to reports, Lummis said that she will “continue to hold the Fed accountable until the digital asset industry gets more than a life jacket.” Lummis and the Fed – A relationship that won’t work Lummis was in the first line of exposing the Federal Reserve’s involvement in the crypto industry’s debanking under former President Joe Biden. The Fed had…

Binance today announced that it will be removing a number of Cross Margin and Isolated Margin trading pairs from its platform on May 7, 2025, at 09:00 as part of a planned update to its margin trading services. Binance to Delisting Multiple Margin Trading Pairs on May 7, 2025 Effective immediately, users can no longer manually transfer assets related to the affected pairs to their Isolated Margin accounts unless it is to cover outstanding liabilities. Automatic Transfer Mode has also been disabled for these assets. In preparation for removal: Binance Margin will suspend isolated margin borrowing for affected pairs on…

Cryptocurrency analytics firm Santiment has published a remarkable assessment of Bitcoin’s (BTC) recent price movements. According to the analysis, BTC’s rise above the $95,000 level, reaching its highest value since February, has brought winds of optimism to the crypto community. Data from Santiment shows that bullish sentiment for Bitcoin has increased significantly on social media, with the firm describing the rally as “the largest bullish share increase since the night of Trump’s election victory on November 5, 2024.” However, Santiment warned that the crypto market could see a sideways trend or a slight pullback as we enter the weekend. According…

The United States Federal Reserve (FED) has published its latest Beige Book report dated April 14, 2025. According to the report, while only a limited change in overall economic activity was observed compared to the previous period, the economic outlook deteriorated significantly in many regions. In particular, ongoing uncertainties regarding international trade policies played an important role in this deterioration. According to Beige Book, only five Fed regions recorded economic growth, four regions contracted and three regions saw no change in activity. The report emphasized that trade policy uncertainties are a prominent threat, weighing on the economy. On the employment…

Big news from the world of Layer-1 blockchains! Conflux (CFX), a network known for its unique Tree-Graph consensus mechanism, has just announced a significant move aimed at bolstering its economic stability. In a bid to counter recent inflationary pressures affecting the network, Conflux is set to execute a substantial CFX token burn. What’s Happening with Conflux CFX? According to an official announcement shared on the project’s Medium blog, the core team behind the Conflux blockchain intends to remove a staggering 76 million CFX tokens permanently from circulation. This isn’t just a proposal; the plan is to proceed with the burn,…

In his remarks presented at the Crypto Task Force Roundtable, SEC Chair Paul Atkins stated that digital assets deserve clear rules. He believes that crypto could offer huge benefits in terms of efficiency and cost reduction. Atkins criticized the previous SEC administration, which was spearheaded by former Chair Gary Gensler, for stifling the cryptocurrency market. As reported by U.Today, Gensler recently spoke about his anti-crypto policies during a CNBC interview, insisting that 99% of all digital assets are based just on sentiment. The new SEC boss has offered some words of praise for “Crypto Mom” Hester Peirce, who has been…