Author: NBTC
MoonPay CEO Ivan Soto-Wright has voiced strong support for achieving parity between state and federal oversight in forthcoming US stablecoin legislation. He advocates for state-regulated stablecoin issuers to have equal footing as Congress shapes future digital asset rules. In a letter sent today to the leadership of the Senate Banking and House Financial Services Committees, Soto-Wright expressed support for the Conference of State Bank Supervisors (CSBS) and its proposed amendments to the House’s STABLE Act and the Senate’s GENIUS Act. He stated: “As currently drafted, the bill stacks the deck in favor of federal PSIs. It is essential to preserve…
Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures markets as the Dow Jones Industrial average plunged more than 1,500 points. Dow Tanks 1,500 Points; Bitcoin Sinks as Economic Anxiety Spreads Between 5 p.m. and 8 p.m. on Sunday, Apr. 6, the digital asset economy contracted by another $50 billion, falling from $2.53 trillion to $2.48 trillion. Bitcoin ( BTC) hit its lowest point—$77,098—at approximately 7:24 p.m. ET and has since rebounded slightly to $77,654. The cryptocurrency appears to be functioning as a proxy indicator for Wall Street’s upcoming open, a theory that aligns with futures…
VeChain is reportedly planning to launch a new payment card that combines blockchain-based rewards with everyday spending. Dubbed the B3TR debit card, the card will allow users to pay for everyday items such as groceries and clothing using the B3TR token. Popular VET investor Sebastian Rok shared the initiative today, noting that the VeChain Foundation has confirmed the ongoing development of the B3TR debit card. 🚨🧵 BREAKING: #VeChain is Launching a $B3TR Debit Card🚨 Yes. You read that right. You’ll soon be able to swipe your card… and pay with purpose.Groceries, coffee, clothes — all funded by your impact. This…
The upcoming U.S. STABLE Act mandates full reserves, which will likely benefit compliant stablecoin issuers like Coinbase. U.S. stablecoin regulation is poised to have a significant impact on issuers. On Friday, April 17, Nansen released a report highlighting the potential winners of the STABLE Act. According to the report, compliant issuers like Coinbase, PayPal, and Visa will likely be the biggest beneficiaries. The STABLE Act, which passed the U.S. House Financial Services Committee on April 2, provides comprehensive regulation for stablecoins. Its goals are to protect holders, ensure transparency by issuers, and strengthen the role of the U.S. dollar. You…
As the cryptocurrency market prepares for what many believe will be a “Black Monday,” one of the largest exchanges in the U.S., Kraken, is stunned by a Bitcoin (BTC) transfer worth $159,832,873. According to a message from Whale Alert, 1,928 BTC were recently transferred to Kraken from an unknown wallet with the address “bc1qcp.” What is known about this transfer is that the sender is indeed an unknown entity, as even more sophisticated data from Arkham Intelligence doesn’t label it anyway. Furthermore, the sent Bitcoin landed on Kraken’s deposit address and not in the hot wallet, which may indicate that…
Binance founder Changpeng Zhao has hinted at a desire to burn all altcoins held in his public crypto wallet, sparking speculation in the crypto community. “Is there a quick way to burn all tokens in a BSC address?” Zhao asked in a post shared minutes ago, a comment that has fueled discussions about his intentions regarding these assets. It is important to note that almost none of these cryptocurrencies were purchased by Zhao, and that altcoin developers sent him tokens to attract attention. When a user advised him to send these tokens to a burn address, Zhao said that he…
A Massachusetts appellate panel on April 18, 2025, brought to a close a bizarre dispute in which customer Lourenco Garcia sought to hold Santander Bank liable for $751,000 he lost to a crypto scam. The court ruled that neither the bank’s customer agreement nor state law obligates Santander to block or flag customer‑authorized transfers, even where fraud is rampant. Santander Bank Wins a Rather Unconventional Crypto Lawsuit Between December 2021 and January 2022, Garcia used his checking and savings accounts to make two debit‑card purchases and seven wire transfers to Metropolitan Commercial Bank of New York. Those funds were then…
Bitcoin (BTC) is currently dancing on a razor’s edge near $82,500, and traders are watching nervously. After a period of sideways consolidation, the crypto giant is showing early signs of weakness—raising the question: Is Bitcoin price preparing for a deep drop to $60,000, or is this a bear trap before the next rally? Let’s dive into the daily and hourly charts to decode the truth behind BTC’s next major move. Bitcoin Price Prediction: Is the Daily Chart Flashing Bearish Warnings? BTC/USD Daily Chart- TradingView On the daily chart, Bitcoin continues to struggle below major resistance levels. The Heikin Ashi candles…
Bubblemaps has revealed that Kelsier founder Hayden Davis is still actively selling MELANIA tokens. Over the past 14 days, Davis has transferred approximately $1,065,153 worth of MELANIA to centralized exchanges while withdrawing $2,050,666 from the liquidity pool. Despite these sales, there are still significant amounts of MELANIA in his various wallets that have not yet been liquidated. This development follows previous claims by Solayer developer Chaofan Shou, who alleged that a scam group was behind the launch of the LIBRA token. According to Shou, the token was launched through issuance advisor Hayden Mark Davis of Kelsier Ventures, with market making…
Outspoken Ethereum co-founder and Cardano founder Charles Hoskinson has responded to his exclusion from the guest list for a digital assets summit at the White House in March with a challenge of his own. While major crypto industry representatives including Coinbase CEO Brian Armstrong, MicroStrategy’s Michael Saylor, and Ripple’s Brad Garlinghouse have gathered for talks with President Donald Trump and key advisors, Hoskinson was notable for not attending, despite recent talks regarding ADA’s inclusion in a proposed U.S. crypto strategic reserve. Speaking at Paris Blockchain Week, Hoskinson, a 37-year-old tech expert, downplayed the situation. “A lot of people want to…