Author: NBTC

US President Donald Trump has reignited discussions about replacing Federal Reserve (Fed) Chair Jerome Powell. This has sparked waves across traditional and crypto markets, with Bitcoin poised to reclaim $105,000. The implications are significant, extending beyond monetary policy to the trajectory of Bitcoin, altcoins, and macro risk sentiment globally. Trump’s Phantom Fed Chair Plan Shakes Markets On June 6, Trump stated that his pick for the next Fed Chair is “coming out very soon,” even though Powell’s term does not officially end until May 2026. The move would amount to a political earthquake in monetary policy circles, with Trump preparing…

One of the biggest single-token moves in recent days just happened as a wallet holding 63.18 billion SHIB, worth roughly $844,000, quietly pulled the entire balance from a Coinbase hot wallet and moved it off the exchange — no swaps, no bridging, no dust left behind. The transfer happened within the last 24 hours, and since landing in the new address, the tokens have not moved, as displayed by Arkham. There is no clear trail. The receiving wallet does not have much of a history. It is not linked to any known DeFi platform, centralized service or whale-tagged address. It…

Democrats on the House Financial Services Committee held their own hearing Friday to discuss a pending crypto market structure bill, during which witnesses laid out concerns about the legislation’s potentially wide-reaching implications for American securities markets. Whereas most hearings about the bill have thus far been convened by the committee’s Republican majority, which introduced it, today’s “minority day” convening offered Democrats the rare opportunity to focus attention on perceived flaws in the legislation. The CLARITY Act would, for the first time, create a legal framework in the United States for issuing and trading most crypto assets. It would do so…

WazirX rebrands as Zensui, moving to Panama to avoid Singapore’s stricter crypto rules. Singapore’s new crypto rules forced WazirX to find a safer place for crypto activities While, Panama is known for being friendly to crypto companies, making it easier to do business. The popular Indian cryptocurrency exchange WazirX has surprised everyone by rebranding its company name to Zensui and moving its operations from Singapore to Panama. Many people are wondering what this means and how it will affect everyone using their platform. WazirX Rebranded to Zensui WazirX, once a leading crypto platform in India, is moving its base from…

Band Protocol, a cross-chain data oracle platform that connects real-world data to smart contracts, today announced that more than 200 token symbols have been successfully tested on Band v3 Testnet. In its tweet posted on X today, Band Protocol revealed that its v3 testnet effectively tested over 200 token symbols. The event is vital as it highlights the oracle network’s capability to offer diverse, reliable price data. 200+ symbols successfully tested on Band v3 Testnet!With the Band v3 Mainnet launch, devs and projects can list any desired token symbols on BandChain via the Signaling Hub. Endless opportunities await — stay…

While Bitcoin has shown a bearish performance recently, a reliable on-chain indicator suggests a sustained uptrend could be on the horizon. Specifically, Bitcoin’s on-chain momentum received a strong bullish confirmation this week from the widely followed Hash Ribbon indicator, which has just flashed a fresh buy signal. Historically, this has marked some of the best long-term entry points in BTC’s cycle. One of Bitcoin’s Most Accurate Buy Signals The Hash Ribbon, developed by Charles Edwards of Capriole Investments, analyzes Bitcoin’s hash rate behavior to identify periods of miner capitulation and recovery. It triggers the signal when BTC’s 30-day moving average…

Ethereum’s price is consolidating near $2,500 as institutions quietly ramp up their exposure to ETH. As of press time, Ethereum (ETH) is trading at $2,492, down 0.9% over the last day. The price is close to the lower end of its recent 7-day range between $2,419 and $2,666 and. Market activity appears to be picking up steam despite the slight decline. Ethereum’s 24-hour trading volume has increased by more than 25% to $11.42 billion, indicating a resurgence of investor interest. In line with this, Coinglass data shows that derivatives volume increased 21.9% to $37.36 billion, but a 1% decline in…

The U.S. Securities and Exchange Commission (SEC) will hold a public roundtable on June 9, 2025, focused on decentralized finance (DeFi). The event, titled “DeFi and the American Spirit,” will take place at the SEC headquarters in Washington, D.C., and will be livestreamed online. This roundtable continues the agency’s “Spring Sprint Toward Crypto Clarity” series. The event will run from 1:00 PM to 5:00 PM ET and is open to both in-person and virtual participants. Top Officials and Experts Join the Discussion SEC Chair Paul S. Atkins will attend alongside Commissioners Caroline A. Crenshaw, Mark T. Uyeda, and Hester M.…

Self Chain, a popular modular, intent-centric L1 blockchain, has commenced a new partnership with Crust Network, a Substrate-built layer 1 chain. The joint effort is focused on revolutionizing the decentralized storage by combining the strengths of both the companies. The platform took to its official X account to reveal this development. 📢 Partnership Announcement 📢We’re excited to welcome @CrustNetwork to the Self Chain ecosystem!Together, we’re enabling more seamless access to decentralized storage by combining Crust’s IPFS-based infrastructure with Self Chain’s intent-centric execution and keyless… pic.twitter.com/xEkAH4C6Z9 — Self Chain (@selfchainxyz) June 6, 2025 Self Chain and Crust Network Join Forces to…

Ethereum (ETH) has been experiencing ongoing sideways momentum, with the price struggling to make any sharp gains. Currently trading around $2,476, the altcoin king has been unable to break through key resistance levels. The situation is worsened by growing impatience among investors, particularly from key ETH holders, who are opting to sell rather than hold. Ethereum Selling Rises Ethereum’s exchange net position change indicates that ETH is starting to flow back into exchanges, which could be a bearish signal. In the past five days, around 350,000 ETH, worth over $870 million, have been sold by investors. This increase in selling…