Author: NBTC

BlackRock XRP ETF Delay Market observers say BlackRock sees little incentive to rush into the XRP ETF market. The firm is already generating significant profits through its Bitcoin and Ethereum ETFs. Its Bitcoin ETF boasts over $30 billion in assets, while its Ethereum ETF recently crossed the $1 billion mark within just two months. Given the success of these products, BlackRock appears content to prioritize assets with higher liquidity and stronger institutional demand, leaving XRP on the backburner for now. Bitwise CIO Matt Hougan notes that while interest in XRP is growing, it hasn’t yet reached the levels needed to…

Senator Cynthia Lummis, the SBR evangelist, has said that she will continue to hold the Fed accountable until crypto is fully supported. This is in relation to the Fed’s withdrawal of crypto rules for banks, which has ended “Chokepoint” practices. According to reports, Lummis said that she will “continue to hold the Fed accountable until the digital asset industry gets more than a life jacket.” Lummis and the Fed – A relationship that won’t work Lummis was in the first line of exposing the Federal Reserve’s involvement in the crypto industry’s debanking under former President Joe Biden. The Fed had…

Binance today announced that it will be removing a number of Cross Margin and Isolated Margin trading pairs from its platform on May 7, 2025, at 09:00 as part of a planned update to its margin trading services. Binance to Delisting Multiple Margin Trading Pairs on May 7, 2025 Effective immediately, users can no longer manually transfer assets related to the affected pairs to their Isolated Margin accounts unless it is to cover outstanding liabilities. Automatic Transfer Mode has also been disabled for these assets. In preparation for removal: Binance Margin will suspend isolated margin borrowing for affected pairs on…

Cryptocurrency analytics firm Santiment has published a remarkable assessment of Bitcoin’s (BTC) recent price movements. According to the analysis, BTC’s rise above the $95,000 level, reaching its highest value since February, has brought winds of optimism to the crypto community. Data from Santiment shows that bullish sentiment for Bitcoin has increased significantly on social media, with the firm describing the rally as “the largest bullish share increase since the night of Trump’s election victory on November 5, 2024.” However, Santiment warned that the crypto market could see a sideways trend or a slight pullback as we enter the weekend. According…

The United States Federal Reserve (FED) has published its latest Beige Book report dated April 14, 2025. According to the report, while only a limited change in overall economic activity was observed compared to the previous period, the economic outlook deteriorated significantly in many regions. In particular, ongoing uncertainties regarding international trade policies played an important role in this deterioration. According to Beige Book, only five Fed regions recorded economic growth, four regions contracted and three regions saw no change in activity. The report emphasized that trade policy uncertainties are a prominent threat, weighing on the economy. On the employment…

Big news from the world of Layer-1 blockchains! Conflux (CFX), a network known for its unique Tree-Graph consensus mechanism, has just announced a significant move aimed at bolstering its economic stability. In a bid to counter recent inflationary pressures affecting the network, Conflux is set to execute a substantial CFX token burn. What’s Happening with Conflux CFX? According to an official announcement shared on the project’s Medium blog, the core team behind the Conflux blockchain intends to remove a staggering 76 million CFX tokens permanently from circulation. This isn’t just a proposal; the plan is to proceed with the burn,…

In his remarks presented at the Crypto Task Force Roundtable, SEC Chair Paul Atkins stated that digital assets deserve clear rules. He believes that crypto could offer huge benefits in terms of efficiency and cost reduction. Atkins criticized the previous SEC administration, which was spearheaded by former Chair Gary Gensler, for stifling the cryptocurrency market. As reported by U.Today, Gensler recently spoke about his anti-crypto policies during a CNBC interview, insisting that 99% of all digital assets are based just on sentiment. The new SEC boss has offered some words of praise for “Crypto Mom” Hester Peirce, who has been…

TL;DR Worldpay will begin accepting payments with USDG, a stablecoin pegged to the dollar, using the Solana blockchain, known for its speed and low costs. This integration will allow merchants to conduct fast, affordable global transactions without relying on traditional banks. Furthermore, it boosts the adoption of stablecoins as a viable alternative in international commerce, positioning Solana as a key infrastructure within the digital financial ecosystem. Worldpay, one of the world’s largest payment platforms, has taken a decisive step toward crypto adoption by integrating USDG into the Solana network. This stablecoin, issued by Paxos Digital Singapore and backed 1:1 with…

A trading expert is projecting that Bitcoin (BTC) could spike by almost 50% by August 2025, based on the asset’s long-term bullish trend. According to an analysis by TradingShot, the possibility of Bitcoin reaching $140,000 by August is based on the fact that the digital currency has completed a critical “Triple Cluster Support” rebound on its weekly chart. In an X post on April 25, TradingShot noted that the rebound, which pushed Bitcoin toward the $95,000 resistance, occurred at three major technical levels: the 50-week moving average (MA), the former record high trendline, and the higher lows zone of the…

Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Bitcoin led the largest flows of the week, with mixed sentiment reflected in intra-week movements, ultimately ending with modest outflows of $6 million. Short Bitcoin products experienced outflows of $1.2 million, continuing a seven-week streak totaling $36 million, or 40% of assets. Ethereum recorded yet…