Author: NBTC
Ethereum’s declining social media sentiment is mirroring levels similar to those seen before its 2025 price rally, which eventually pushed the asset back to its 2021 all-time highs, according to a crypto sentiment analyst. “Ethereum is actually way down, this would argue against us falling too much further,” Santiment analyst Brian Quinlivan said in a video published to YouTube on Saturday. “This is kind of reminiscent of what we saw before Ethereum went on its major run last year,” Quinlivan said. On August 23, Ether (ETH) surged back to its 2021 all-time high of $4,878, marking a gain of almost…
Positive moves towards cryptocurrencies in the US continue unabated. The latest news comes from the US Federal Reserve (FED). According to Eleanor Terrett, host of the Crypto in America program, the Fed has withdrawn guidelines restricting some banks from participating in cryptocurrency transactions. Accordingly, the FED took a huge step regarding cryptocurrencies and officially decided to withdraw the directive that restricted some banks from engaging in cryptocurrency trading. Eleanor Terrett stated that this directive essentially restricts market access for banks that are not covered by the Federal Deposit Insurance Corporation (FDIC) deposit insurance. Published in 2023, this directive imposed certain…
With a markup event on legislation to address digital asset market structure scheduled for next week, representatives from cryptocurrency companies are expected to fly into Washington, D.C., and some will engage with lawmakers on the bill. Speaking with Cointelegraph on Tuesday, Cody Carbone, CEO of crypto advocacy organization The Digital Chamber, said it was “possible, if not likely,” that the Senate Agriculture Committee would hold a markup on its version of the Responsible Financial Innovation Act (RFIA) — the market structure bill — at the same time as the Senate Banking Committee. Senator Tim Scott, who chairs the banking committee,…
Crypto treasury companies could be forced to sell as much as $15 billion in crypto if the Morgan Stanley Capital International Index (MSCI) goes ahead and excludes them from its indexes. BitcoinForCorporations, a group campaigning against MSCI’s proposal, projected outflows of between $10 and $15 billion based on a “verified preliminary list” of 39 companies with $113 billion in total float-adjusted market capitalization. It added that JPMorgan’s analysis estimated that Michael Saylor’s Strategy could see $2.8 billion in outflows if it were removed from the MSCI. The Bitcoin treasury firm represents 74.5% of the total impacted float-adjusted market cap. Analysts…
Digital asset users are raising concerns about filing crypto taxes as the volume of on-chain activity continues to grow. These issues come amid a regulatory shift marked by the adoption of the Crypto-Asset Reporting Framework (CARF) across various countries. This aims to address long-standing gaps in cryptocurrency tax oversight. IRS Crypto Tax Reporting Requirements in the US For context, the Internal Revenue Service (IRS) treats digital assets as property, requiring the reporting of income and capital gains from transactions, such as sales, service payments, staking, airdrops, and more. 🇺🇸 TAX UPDATE:Crypto is treated as property, not cash.No tax when you…
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT. The inflation report will not include CPI figures for October and will not offer monthly CPI prints for November due to a lack of data collection during the government shutdown. Hence, investors will scrutinize the annual CPI and core CPI prints to assess how inflation dynamics could influence the Federal Reserve’s (Fed) policy outlook. What to expect in the next CPI data report? As measured by the change in the CPI, inflation in the US…
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed. Crypto advocacy group the Blockchain Association said on Tuesday that a bid to lawmakers by a group of community bankers to ban issuers from offering yield to tokenholders through third parties was “a last-ditch effort by Big Banks to block competition after Congress struck a careful, bipartisan deal.” The GENIUS Act bans stablecoin issuers from offering interest or yield, but major crypto exchanges are still rewarding stablecoin holders, and community banks argued that…
The United States has cemented its status as the world’s meme coin capital, capturing nearly 30% of global investor interest in November 2025. New report from CoinGecko reveals that while the broader market has collapsed by 81%, American traders have aggressively consolidated their dominance, leaving other developed nations behind. Data shows the US ranked first, followed by India, Nigeria, Germany, Türkiye, Vietnam, the Netherlands, the Philippines, Brazil, and Indonesia. Together, these countries represent the core global audience engaging with meme coin related content. Related: Big Things Coming: Binance Wallet Meme Platform Could Rival Pump.fun US Tops CoinGecko’s ‘Meme Coin Interest’…
Financial authorities in India have reiterated concerns over cryptocurrency transactions, warning they could complicate tax enforcement. India’s Income Tax Department (ITD), under the Central Board of Direct Taxes (CBDT), flagged major risks linked to crypto activity during a parliamentary standing committee on finance, The Times of India reported on Thursday. The warning came during a Wednesday parliamentary committee meeting involving multiple agencies, including the Financial Intelligence Unit (FIU), the Department of Revenue, and the CBDT, which discussed the report “A Study on Virtual Digital Assets (VDAs) and Way Forward.” The ITD highlighted challenges posed by offshore exchanges, private wallets, and…
Younger investors in Germany are now favoring crypto assets over precious metals like gold in their portfolios, a new survey has established. The latter also reveals that representatives of more recent generations are increasingly relying on AI advice in deciding how to diversify their holdings. Germany’s young lean towards cryptocurrency, listen to AI Cryptocurrency and artificial intelligence (AI) are now shaping the investment behavior of young people in the Bundesrepublik, according to the study commissioned by Börse Stuttgart’s coin trading platform, BISON. The representative survey has been carried out online by the market research firm Marketagent, among people aged 18…