Author: NBTC
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.
This is a segment from The Drop newsletter. To read full editions, subscribe. Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP. During the interview, they shared a glowing vision for a gaming-focused future on Arbitrum. They said they were talking to 100 different gaming projects to see which ones might build on their chain. “I think where we are in the life cycle of gaming and Web3, is trying to figure out what the biggest…
Just four months ahead of their criminal sentencing for operating a $577 million cryptocurrency mining Ponzi scheme, the two Estonian founders of HashFlare were seemingly mistakenly ordered to self-deport by the U.S. Department of Homeland Security (DHS) — an instruction that directly contradicted a court order for the men to remain in Washington state until they are sentenced in August. In a joint letter to the court last week, lawyers for Sergei Potapenko and Ivan Turogin told District Judge Robert Lasnik of the Western District of Washington that both men had received “disturbing communications” from DHS ordering them to leave…
Bitcoin has been struggling to recover, with its price recently dipping below $80,000, marking a significant loss. The downtrend intensified due to the broader market’s weakness, particularly the impact of US President Trump’s trade wars. The decline in US stock markets since the beginning of the month has affected Bitcoin as the global economic climate worsens. Bitcoin Investors Lose Big The STH (short-term holders) NUPL (Net Unrealized Profit and Loss) has reached an 8-month high, signaling a potential shift in investor behavior. Rising losses in the short term indicate that Bitcoin may have gone through a period of capitulation, meaning…
In recent hours, onchain data has detected interesting transactions by some major crypto whales. Here is a summary of the behavior of the major whales over the past 24 hours. Cryptocurrency analytics firm Onchain Lens has spotted a whale depositing 659,415 Chainlink (LINK) tokens worth around $9.42 million into Coinbase. If the tokens are sold, the whale will make a profit of $3.53 million. Over the past two years, this investor has withdrawn a total of $5.85 million worth of LINK, demonstrating a long-term accumulation strategy ahead of this major move. An early Ethereum ICO participant who has been inactive…
A push by the Trump-era Justice Department to scale back crypto enforcement has done little to deter federal prosecutors from pursuing Braden Karony, the former CEO of SafeMoon, who faces fraud charges tied to the token’s collapse, law360.com reported, citing DOJ filings today (Friday). His upcoming trial in May now serves as a key test of whether the DOJ’s new approach will shield executives from past alleged wrongdoing. In an April 18 court filing, U.S. Attorney John Durham of the Eastern District of New York confirmed that his office would proceed with the case against Karony. Prosecutors Move Forward Despite…
Roughly 10 weeks ago, CoinDesk discussed a double top bearish reversal pattern in bitcoin (BTC), warning of a sell-off to $75,000 in a move typical of a bull-market pull back. On Monday, the price dropped below that level as escalating trade tensions cratered financial markets, sending Dow Jones Industrial Average futures lower by a whooping 900 points. According to technical analysis theory, the BTC sell-off could run out of steam between $70K and $75K, as discussed in January. Besides, the Australian dollar (AUD), a commodity currency particularly vulnerable to Trump-led global trade tensions, is offering hope to crypto bulls. The…
Since the implementation of MiCA in the EU and the shift in US policy under President Trump, both jurisdictions have progressed in crypto legislation, albeit with distinct approaches. Europe got a head start by becoming the first to establish a comprehensive and unified regulatory framework for crypto-assets. Meanwhile, the US is catching up, with more capital to offer and a larger user base. Manouk Termaaten, CEO of Vertical Studio AI, and Erwin Voloder, Head of Policy at the European Blockchain Association, shared their perspectives with BeInCrypto on the areas where the EU and the US are demonstrating leadership in the…
Disclosure: The author of this story owns shares in Strategy (MSTR).As the crypto market’s correction kicks off, days after traditional financial markets started reacting to President Donald Trump’s tariffs, bitcoin (BTC) slumped to its lowest level in five months, dropping to as low as $74,500 and marking a full one-third drop from the record high it hit Jan. 20. This slide has left Strategy (MSTR) marginally in the green on its bitcoin acquisition strategy. At a total cost of $35.6 billion, the company currently holds an unrealized profit of about 10%, or roughly $3.9 billion on its BTC investment. Strategy…
MUBARAK’s sharp 40% drop after its Binance listing has reignited debate around centralized exchange listing practices and the broader state of the meme coin ecosystem. This came alongside growing scrutiny over speculative meme coin launches like JELLY, which recently triggered a short squeeze and dragged HYPE down, sparking fears of deeper structural risks. MUBARAK Made The Community Discuss CEX Listing Processes The steep drop in MUBARAK, now down 40% since its Binance debut, has reignited concerns about the quality of recent listings on centralized exchanges. Binance recently ended its first listing vote, with BROCCOLI and Tutorial surging. Figure: MUBARAK Price…
Coinbase is once again in legal crosshairs — Oregon Attorney General Dan Rayfield has launched a complaint against the crypto exchange, alleging it sold unregistered securities to residents of the U.S. state without properly screening the risky investments to protect consumers. The state-level lawsuit follows the SEC’s decision to dismiss a federal enforcement lawsuit against Coinbase in February, part of a broader reversal on cryptocurrencies in which several digital asset enforcement cases were halted. According to the attorney general’s office statement, states are left to cover the enforcement gap created by federal authorities who are “giving up” and “abandoning these…