Author: NBTC

Kraken, one of the world’s largest cryptocurrency exchanges, is restructuring its workforce by eliminating certain positions and merging teams where there is overlap. At the same time, the company is still hiring in critical areas, according to a spokesperson. The company regularly assesses its staffing to ensure it supports its strategic goals. The staff reductions affect all company areas and are part of an ongoing restructuring process that started late last year. This comes after the U.S. Securities and Exchange Commission dismissed a civil lawsuit in March, which had accused Kraken of operating illegally as an unregistered securities exchange. Trump’s…

Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below the $80,000 zone. The price is trading below $81,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $80,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $81,500 zone. Bitcoin Price Starts Recovery Bitcoin price started a fresh decline below the $82,000 and $81,200 levels. BTC traded below…

Zero Hash, a crypto infrastructure firm specializing in stablecoin payment rails, said it has processed over $2 billion in tokenized fund flows over the past four months as demand for real-world assets is accelerating. Tokenized real-world assets is a red-hot crypto sector, with several global traditional financial firms leveraging blockchain rails to record ownership and move assets such as securities, funds, commodities. They do so to achieve operational gains and near-instant settlements. It’s forecasted to be huge opportunity: BCG and Ripple projected the market to grow to $18 trillion by 2033. Zero Hash’s stablecoin infrastructure serves as a key backbone…

Healthcare technology firm Semler Scientific has reached a tentative settlement agreement with the U.S. Department of Justice (DOJ), disclosing in a Tuesday filing that it was prepared to pay a $29.75 million fine in order to settle all claims tied to potential violations of a federal anti-fraud law related to its marketing of QuantaFlo, its flagship product. Last month, Semler Scientific disclosed that it had received a civil investigative demand, or CID — essentially, a subpoena from a federal agency that typically precedes a lawsuit — from the DOJ back in 2017. In a filing with the U.S. Securities and…

EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live. While the exact timing hasn’t been confirmed, the Balance team hinted in an X post on April 14 that the TGE is “just around the corner.” As per Binance’s official announcement on April 18, EPT will go live on Binance Alpha on April 21 at 12:00 PM UTC. Binance Alpha is an…

China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump’s aggressive tariffs. Crypto analysts anticipate that the yuan’s depreciation could favor bitcoin (BTC), drawing parallels to similar events from a decade ago. Early Tuesday, the People’s Bank of China (PBOC) set the so-called daily yuan fix at 7.2038 per dollar on Tuesday, the weakest since September. The yuan isn’t a free float currency like the USD, euro and other G-7 nations and is allowed to trade in a range of 2% on either side of…

Software company Janover announced Tuesday that it had acquired 80,567 Solana (SOL) for approximately $10.5 million. This marked the firm’s third SOL buy under its digital treasury plan, and it was revealed after its stock hit an all-time high of nearly $66 at market close Monday, per Yahoo Finance data. Shares edged lower ahead of the market open today, but they’re still up more than 1,200% so far this year. The new acquisition boosts Janover’s SOL stash to around 163,651 units, worth approximately $21 million. The purchase was funded through the company’s recently completed $42 million financing round. Janover plans…

Ethereum NFT and gaming project CyberKongz said Tuesday that the U.S. Securities and Exchange Commission (SEC) has ended its investigation into the project, adding to the growing list of concluded investigations from the regulator since the shift to a more crypto-friendly administration under President Donald Trump. The project, which said that it had been in contact with the Commission for at least two years, announced the receipt of a Wells notice from the regulator in December. A Wells notice informs recipients that the SEC is considering taking enforcement action against them, but now that investigation has ended without findings or…

A trader who nailed the Bitcoin market top earlier this year believes BTC will witness a period of falling prices in the coming months. Pseudonymous analyst Bluntz tells his 318,000 followers on the social media platform X that he thinks Bitcoin is already in a bear market that will last about two years. The trader shares a chart suggesting that he arrived at that time frame by measuring the length of the most recent Bitcoin bull market, which he says lasted from December 2022 to January 2025. “Time-wise will probably last into 2027 in my opinion, give or take 25%.”…

Tether, the global giant of digital assets and leading stablecoin issuer, announced a significant strategic investment in Fizen Limited, a fintech company at the forefront of self-custody crypto wallets and digital payments. The operation represents a significant step in the shared mission of the two companies: to make transactions in stablecoin more accessible, secure, and intuitive for users and businesses around the world. The collaboration between Tether and Fizen lays the foundation for a future in which cryptocurrencies are no longer niche instruments, but payment solutions integrated into daily life, capable of bridging the gap between blockchain technologies and the…