Author: NBTC

The ongoing US government shutdown is poised to directly impact thousands of air travellers, as Transportation Secretary Sean Duffy warned Wednesday. In the latest update, a 10% reduction in flights will be implemented at 40 major airports starting Friday morning if the impasse is not resolved. The decision, officials said, is a direct result of the mounting strain on the nation’s air traffic control system, where essential employees have been working without pay for over a month, leading to critical issues with fatigue and staffing. A system under unprecedented strain Copy link to section Federal Aviation Administration (FAA) chief Bryan…

The Cyprus Securities and Exchange Commission has reminded Crypto-Asset Service Providers operating in Cyprus of the deadline to apply for authorisation under the Markets in Crypto-Assets Regulation. According to CySEC, the deadline for submitting an application under MiCA is 27 February 2026. The regulator referred to its earlier announcement, which outlined the transitional arrangements for existing providers. CASPs that are currently offering services under the national framework may continue operating during the transitional period. This applies until their application is approved or rejected or until the end of the transitional period on 1 July 2026, whichever comes first. [#highlighted-links#] CySEC…

Ethereum price started a recovery wave above $2,980. ETH is now consolidating and faces a key barrier near the $3,080 level. Ethereum started a decent upward move above the $3,000 zone. The price is trading above $2,980 and the 100-hourly Simple Moving Average. There is a rising channel forming with support at $2,975 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,080 zone. Ethereum Price Faces Important Resistance Ethereum price started a decent increase above $2,880, like Bitcoin. ETH price was able to surpass the $2,920…

Strive (ASST), an asset management company building a bitcoin BTC$102,854.44 treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share. The offering, scheduled to close on Nov. 10, was increased by 750,000 shares, the company said in a Wednesday release. Net proceeds will be used for general corporate purposes, including bitcoin and bitcoin-related investments, working capital and potential business acquisitions. The Dallas-based company holds the 17th largest stash of bitcoin by a publicly traded corporation, according to…

BitMine, an Ethereum treasury company operating under the leadership of Fundstrat, co-founded by US investor Tom Lee, continues its cryptocurrency accumulation strategy. According to on-chain data, the company purchased approximately $88 million worth of additional Ethereum (ETH). According to on-chain analyst Lookonchain, citing Arkham data, BitMine purchased a total of 29,462 ETH through BitGo and Kraken. While these transactions have not yet been officially confirmed by the company, recent statements from BitMine confirm its aggressive buying policy. The company announced in an official statement released on Monday that it purchased 98,852 ETH last week. BitMine, which is traded on the…

USDT USDT$0.9997 issuer Tether’s tokenization arm, Hadron, is teaming up with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies said in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and build the systems needed for them to trade on regulated digital asset platforms. The companies plan to test institutional appetite for such products and work on the legal and operational design needed to bring them to market. Hadron by Tether will provide the tokenization tech, while Bitfinex Securities offers a licensed trading venue under El Salvador’s regulatory oversight.…

Many crypto industry leaders and users anticipate significant changes in the US regulatory environment over the next 12 months, as various policy changes and legislation begin to take effect. Although the inauguration of US President Donald Trump in January 2025 did not mean an immediate end to all digital asset regulation, many of the administration’s policies, from dismissing enforcement cases of crypto companies by the Securities and Exchange Commission to signing a stablecoin bill into law, signal apparent differences to previous US presidents and their chosen regulators. “I expect an increasing number of jurisdictions to establish clear and transparent regulatory…

Ethereum price struggles near $3,000 amid ETF outflows and whale selling, but analysts still eye a potential rally toward $5,000 as key resistance levels Continuous Ethereum ETF outflows and whale selling have limited upside momentum despite brief recovery attempts. Despite, top analysts see potential ETH breakout toward $5,000 if price reclaims and holds above $3,200. Ethereum, the second-largest cryptocurrency by market value, has been under pressure for months. After peaking near $4,953 in August, ETH has fallen almost 40% and is now trading close to the $3,000 mark. This long decline has tested investor patience, especially as the overall crypto…

With the federal government continuing in shutdown mode, there continues to be a dearth of official economic statistics, including the all-important monthly Nonfarm PayRolls Report, which plays a large role in informing the Federal Reserve’s monetary policy. It’s thus elevated the status of some lesser-followed reports and at least one is flashing a major red signal for the labor market. That would be the monthly job cuts report from outplacement firm Challenger, Gray & Christmas. The October data released Thursday morning showed 153,074 layoffs last month — that’s almost triple the amount seen in October of 2024 and the highest…

Key Takeaways The SEC announced charges against seven entities involved in alleged crypto-related investment fraud, including three fake trading platforms and four investment clubs. The groups, operating through online messaging applications, used AI-generated tips and false government licensing claims to lure investors. The US SEC has charged crypto trading platforms Morocoin Tech, Berge Blockchain Technology, and Cirkor, as well as four related investment clubs, accusing them of running a coordinated crypto investment fraud that diverted at least $14 million from retail investors. According to the complaint, the investment clubs, including AI Wealth, Lane Wealth, AI Investment Education Foundation, and Zenith…