Author: NBTC

The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies. On Friday, Committee Chair James Comer sent letters to prominent crypto executives, including Coinbase CEO Brian Armstrong and Uniswap founder Hayden Adams, seeking information about reported banking restrictions. The inquiry aims to assess whether financial institutions acted independently or were influenced by government pressure to deny services to crypto firms. 1/ Today we, along with some of the most important crypto companies and investors, received a letter from @GOPoversight asking for information on the recent debanking of lawful companies and individuals.We’re grateful for @RepJamesComer’s…

Bitcoin (BTC) and other digital assets have dropped as part of a wider macro-driven sell-off in the market and there is a risk that forced selling could lead to further weakness, investment bank Standard Chartered said in a report on Monday. The market downturn was triggered by Federal Reserve Chairman Jerome Powell’s hawkish press conference in mid-December. The bank noted that investors who took on bitcoin exposure after the U.S. election in November, are now “only breaking even,” and there is a risk that forced or panic selling could add to the sell-off. This includes exchange-traded fund (ETF) buyers and…

Recent market data reports a significant amount of ETH caught up in large holder activity within the last 48 hours. According to Ali, a crypto analyst, whales have bought over 1.14 million ETH in the last 48 hours. This massive accumulation has sparked curiosity and speculation within the crypto community. Whales have bought over 1.14 million #Ethereum $ETH in the last 48 hours! pic.twitter.com/7X1ibdE1IG — Ali (@ali_charts) January 24, 2025 Along similar lines, blockchain data tracker Whale Alert reports three major Ethereum transactions within the last 24 hours, with a substantial amount of ETH moved between unknown wallets. The transactions…

San Francisco-headquartered SoFi Technologies signaled Monday it would soon dive back into crypto following expectations the SEC would begin to clarify crypto rules under its new leadership. While the firm once offered its customers the ability to trade 20 digital assets in the U.S.—including Bitcoin, Ethereum, and Dogecoin—the company called it quits in 2023, winding the service down after “careful consideration,” according to a statement at the time. The company’s return will hinge on the regulatory clarity brought about under President Donald Trump’s administration, SoFi CEO Anthony Noto said during a Monday earnings call. “We hope the administration and the…

Much has been said about the Bitcoin (BTC) seized from the Silk Road illicit marketplace and owned by the U.S. government at the very start of 2025. Indeed, a BTC price downturn converged with the revelation that the Department of Justice (DoJ) retains the right to sell the coin to spark investor fears that the authorities either caused or are about to cause a significant cryptocurrency plunge. Soon after, data indicating the selling might have begun gained attention, though a lack of confirmation across multiple sources raised the possibility the blip was little more than a bug, and, indeed, an…

The following is a guest post from Rostyslav Bortman, Founder at Ethereum Ukraine. Let’s face it: although 2024 was a year of technological success for Ethereum, it was also a year of financial disappointment. On the one hand, Dencun was finally deployed, and activity on Layer 2 networks in the ecosystem skyrocketed 4 times. On the other, Ethereum began to lag behind Solana in terms of the number of developers, and ETH’s dynamics did not meet investors’ expectations. Nevertheless, Ethereum’s technological structure ensures strong expectations for its growth. Today, we already have all the tools to create more convenient and…

Wrapping up a bullish week for cryptocurrency development in the U.S., Eric Trump released a statement confirming exemptions from capital gains tax. This move is aimed at fostering more onshore innovation and positioning the United States as a global leader in the blockchain and digital assets. According to various sources, Eric Trump allegedly confirmed that U.S.-based crypto projects would be exempt from capital gains tax. Moreover, a 30% capital gains tax would be levied on non-U.S.-based projects. The announcement specifically mentioned well-known projects like XRP (Ripple Labs) and HBAR (Hedera Hashgraph Network). The Beneficiaries A crypto-friendly tax policy is expected…

The positive attitude of the new US President Donald Trump towards US-based assets in the cryptocurrency market caused these altcoins to rise. However, the crypto community is wondering which altcoins are of US origin. US-origin altcoins include cryptocurrencies that are launched in the US and whose founders or companies behind them are from the US. Here is the list of US altcoins that we at Bitcoinsistemi.com have compiled specially for you: XRP (XRP) To the left (LEFT) USDC (USDC) Chainlink (LINK) Avalanche (AVAX) Stellar (XLM) Sui (SUI) Hedera (HBAR) Litecoin (LTC) Uniswap (UNI) Official Trump (TRUMP) Aptos (APT) Ondo (ONDO)…

In the run-up to the U.S. presidential vote, Donald Trump recognized the importance of the Bitcoin and crypto vote, unlike Kamala Harris, and took steps to secure it. Trump Wants Crypto to Grow and Develop in the U.S. In the run-up to the U.S. presidential vote, Donald Trump, unlike his rival Kamala Harris, understood the importance of the Bitcoin (BTC) and crypto vote. This understanding, according to Corbin Fraser, CEO of Bitcoin.com, prompted Trump to take steps to secure a vote which ultimately helped him defeat Harris. Fraser also argued that Trump did more to prove he deserved the crypto…

A closely followed analyst thinks traders who are bearish on Bitcoin are changing their stance after BTC’s latest bounce. Pseudonymous trader Cheds tells his 346,600 followers on the social media platform X that Bitcoin’s abrupt recovery following its drop below $90,000 on Monday indicates that BTC remains in a strong uptrend. According to the analyst, Bitcoin flashed a high wave doji candlestick on Monday, a pattern suggesting deep-pocketed investors are defending BTC’s bullish trend. “BTC daily – high wave doji with range low sweep/recapture Notable momentum story.” Source: Cheds/X Cheds also notes that Bitcoin appears to have broken out of…