Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
AscendEX, a prominent crypto exchange, has announced its partnership with FXH AI, a popular on-chain aggregated platform for trading. With this collaboration, AscendEX and FXH AI endeavor to host the event “ChainLinking Vietnam” to boost Web3’s real-world adoption and compliance. ChainLinking Vietnam is an upcoming event designed to accelerate real-world Web3 adoption and regulatory compliance in Southeast Asia. The platform disclosed the details of this initiative in a recent announcement. Excited to join forces with @FeiXiaoHaoX forChainLinking Vietnam — Web3 × Compliance × Real-World AdoptionLet’s #ChainLinkVietnam and shape the future of Web3 in Southeast Asia! 🌏🔗 Register now: https://t.co/xTUXb92GcY#AscendEX #Web3Asia #FXHAI…
Nic Puckrin highlighted that Bitcoin is currently struggling, potentially due to the massive options expiry scheduled for tomorrow, with volatility expected. Bitcoin (BTC) has been trading in a tight range between $106,000 and $110,000 from May 24 to May 27, showing no clear directional breakout. By May 29, BTC modestly rebounded to around $108,000-$109,000, still below the week’s peak, while the price stood at $107,782. Despite a moderate 3% decline over the week, mid- and long-term trends remain bullish. However, the looming options expiry on May 30 has injected uncertainty into the market, signaling potential volatility in the near term.…
The recent on-chain estimates indicate that developer inputs in the major blockchain ecosystems have plunged. Ethereum continued to lead the top development events, but the whole industry saw a decline, with other leading platforms such as Polygon, BNB Chain, and Solana. Ethereum, Polygon, and BNB Chain Maintain Lead Despite Slowing Contributions Ethereum had 87.4K development activity events, making it the most active network. However, it also recorded a 31.07% reduction in overall events and a 15.5% reduction in unique contributors, which amounted to 1.4K. Ethereum had a considerable lead over other ecosystems, although this had declined. The second-most active was…
U.S. exceptionalism, the notion that the U.S. economy and its financial markets are distinct compared to those of other nations, remains alive and well, at least according to the equity markets. Since the early April slide, Wall Street’s tech-heavy Nasdaq index has surged 31%, while the broader S&P 500 index has rallied 24%, according to data source TradingView. Other major indices, such as Germany’s DAX, France’s CAC, Japan’s Nikkei, and China’s Shanghai Composite, have lagged behind Wall Street. Both Nasdaq and the S&P 500 traded at record highs Thursday. Demand for U.S. Treasury notes has held up amid concerns about…
Leading crypto trading platforms Kraken and MoonPay call attention to XRP significant gains following the coin’s latest surge to a multi-month high. XRP has been riding the wave of the latest relief rally in the crypto market, which commenced last week. Interestingly, the coin witnessed a notable price increase yesterday, soaring past the $2.6 mark for the first time since March 7, 2025. The recent surge came after global travel giant Travala.com added XRP as a payment option. This would allow Travala users to pay for flights, book hotels, and other travel products using XRP. Following XRP’s recent surge, it…
The digital frontier of finance just got a lot more complicated for some. In a significant move that underscores the growing intersection of geopolitics and blockchain, Ukraine has taken decisive action against entities allegedly facilitating illicit financial flows. This isn’t just another headline; it’s a stark reminder that the crypto world, often perceived as borderless and unregulated, is increasingly becoming a battleground in international conflicts. Ukrainian President Volodymyr Zelenskyy has signed a decree imposing a powerful wave of Ukraine crypto sanctions, targeting a network of firms and individuals accused of aiding Russian asset transfers. What Prompted These Ukraine Crypto Sanctions?…
WazirX users sue Zettai for freezing unhacked crypto and fiat balances without explanation. Court affidavit claims user funds were misclassified, violating Singapore trust and restructuring laws. Romy Johnson demands full audit, disclosure of approvals, and accountability for suspicious crypto movements. However, Singapore court rejected Zettai’s old plan; new hearing scheduled for July 15, 2025. The battle over frozen crypto is heating up inside a Singapore courtroom, where WazirX users are demanding answers and their money back. In the High Court, frustrated users are standing up to Zettai, WazirX’s Singapore entity, claiming their unhacked Bitcoin, XRP, TRX, BNB, USDT, and even…
American financier Anthony Scaramucci has suggested that the price of Bitcoin, the leading cryptocurrency, could potentially surge to $500,000 due to excessive government spending in the US. Scaramucci, a frequent critic of the current administration, believes that the Department of Government Efficiency (DOGE) has erased the “illusion” of the government being able to cut $2 trillion. Earlier today, Bloomberg published an op-ed by columnist Justin Fox, which argues that the DOGE did not manage to reduce government spending. In fact, it kept growing up despite a string of layoffs and other cutbacks. On Wednesday, it was reported that Trump would…
Ethereum price started a fresh increase above the $2,520 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,565 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the…
Europe’s largest asset manager is sounding alarms as U.S.-regulated stablecoins surge, threatening to erode dollar dominance and destabilize global money flows at massive scale. US Dollar’s Global Role Challenged by Surge in Regulated Stablecoins A sweeping shift in global financial dynamics could be triggered by the U.S. push to regulate dollar-backed stablecoins, prompting fears of monetary destabilization worldwide. Amundi, Europe’s largest asset manager with over €2 trillion ($2.36 trillion) in assets under management, raised concerns on July 3 that the U.S. Senate’s recent passage of the GENIUS Act—a bill establishing oversight for U.S.-dollar-pegged crypto tokens—could significantly reshape global money flows.…