Author: NBTC
America’s most powerful banking executives have arrived in Washington for a high-stakes roundtable with senators on Capitol Hill, where debanking—the widespread closure of accounts tied to crypto, firearms, and other industries—is the only topic on the table. The meeting, scheduled for today, brings together JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian Moynihan, Capital One’s Richard Fairbank, Wells Fargo’s Charles Scharf, U.S. Bank’s Andrew Cecere, PNC’s Bill Demchak, and Truist’s Bill Rogers. The urgency comes after last week’s explosive Senate Banking Committee hearings, where lawmakers from both parties grilled regulators on the growing number of businesses losing access to financial…
Over 50 non-crypto companies, including global banks and luxury brands, are building blockchain-based products on Ethereum and its layer two networks, focusing on NFTs, tokenized assets, and scalable infrastructure, according to a Galaxy Digital report. Traditional Finance and Retail Giants Bet on Ethereum’s L2 Networks More than 50 traditional companies, including financial institutions like Deutsche Bank and Paypal and brands like Louis Vuitton and Adidas, are developing crypto-specific applications on Ethereum and its layer two (L2) networks, according to a report by Galaxy Digital Vice President of Research Christine Kim. These efforts focus on non-speculative use cases such as real-world…
Bitcoin (BTC) could more than double its current price to reach $225,000 by the end of 2025 as regulatory clarity and institutional adoption accelerate, according to investment firm HC Wainwright. The firm raised its price target from $145,000 in a note to investors today, implying a potential upside of over 130%. “Based on our analysis of historical price cycles and recent price action, we predict that BTC will reach $225,000 per coin by the end of 2025, driven by the prospect of a more favorable U.S. regulatory environment under the new administration, the availability of spot Bitcoin ETFs, and accelerating…
The non-fungile token (NFT) market registered major shifts across different collections over the last seven days through substantial changes in sales volume and transaction and user activity data. DMarket secured the top position through its operations on the Mythos blockchain by achieving $8.79 million in sales demonstrating a 7.98% uptick from the past week. The collection’s transaction count increased by 11.43% to 322,241, buyer numbers grew by 7.53%, and seller numbers rose by 5.82%. The Polygon-based collection Courtyard generated $7.35 million in sales, a 25.78% increase in sales figures. The total number of transactions in DMarket jumped 23.03% and the…
Cryptocurrencies backed by gold have underperformed over the week as the price of the precious metal saw a significant drop after moving up more than 10% so far this year. The decline came as speculation surrounding Trump’s tariffs being a negotiating tool. Gold-backed tokens, including Paxos gold (PAXG) and Tether gold (XAUT), have declined roughly 1% over the past week to trade around $2,900 while the wider crypto market rallied. The CoinDesk 20 Index rose 5.7% over the same period, and the broader MarketVector Digital Assets 100 Index (MVDA) rose 3.4%. The precious metal saw its price drop amid growing…
Swarms (SWARMS) have witnessed a 41.1% rise in the last 24 hours, propelled by four crypto whales’ investment of $2.258 million into the coins. These big investors’ activities highlight a rising market belief in the potential of this AI crypto coin, signifying the ongoing bull run associated with it. The recent popularity of this AI agent token and the ongoing whale buying spree show rising interest and confidence in its future price. Whales buy propel SWARMS to rally 41.1% On January 6, crypto analyst AI reported that four whales bought $2.258 million worth Swarms tokens today. These accumulations have helped…
Just when you thought the world of crypto and politics couldn’t get any more complex, Former SEC official william hinman Finance Legal a controversial figure in the crypto industry, is turning heads. This time, reports suggest he is aligning himself with Donald Trump’s crypto advisory board—an unexpected move given his past political leanings and regulatory stance. Hinman, who previously played a key role in shaping crypto regulations, was known for his 2018 speech declaring Bitcoin and Ethereum not securities while leaving other projects in uncertain territory. His shift toward Trump’s camp is raising eyebrows, according to Laura Loomer, a political…
Voltix, a prominent player in AI innovation, has started a strategic collaboration with Solpen, a well-known platform operating on Solana. The partnership targets expediting the expansion of AI-led Decentralized Physical Infrastructure Networks (DePINs) on the Solana blockchain. Hence, the collaboration focuses on increasing the opportunities for the communities of both platforms. This strategic collaboration will combine Voltix AI’s transformative potential with the scalable and high-speed blockchain technology of Solana. This merger intends to lead toward more effective operations across decentralized networks. Voltix AI to Enhance AI-Led DePIN Adoption within Solana Network Voltix AI labels this collaboration with Solpen as a…
MicroStrategy chairman Michael Saylor has met with Donald Trump’s son, Eric Trump, sparking speculations within the cryptocurrency community. The meeting took place in Mar-a-Lago, President-elect Donald Trump’s private club in Palm Beach, Florida. Notably, Eric Trump announced the rendezvous in a tweet on Friday, and Saylor confirmed with a retweet. Bitcoin On the Menu Although neither Eric nor Saylor disclosed details of the meeting, both suggested it pertains to Bitcoin and the crypto industry. “Two friends, one passion: Bitcoin,” Eric tweeted. The former MicroStrategy CEO also implied that Bitcoin was part of the discussion with Trump’s son. According to his…
Hex Trust, a digital asset financial services provider, has acquired Byte Trading for an undisclosed price. The move aims to enhance Hex’s markets and prime services for institutional investors while marking a new milestone in the startup’s evolution from a custodian to a full-service financial institution. The agreement, announced Friday, follows Hex Trust’s launch of E-Trading in November 2024 and a recent funding round with Morgan Creek Digital, bringing its total capital raised to over $100 million. By integrating Byte Trading’s low-latency trading platform into its secure, regulated infrastructure, Hex Trust aims to offer seamless execution and expanded institutional-grade services.…